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LeBron James’ partnership with Fenway Sports Group (FSG) continues to work in his favor. Earlier in 2021, AfroTech shared that James and his longtime business partner Maverick Carter became partners of FSG — the owner of Red Sox, Liverpool Football Club of the English Premier League, Roush Fenway Racing and more — and secured an ownership stake in its subsidiaries. On Nov. 29, the National Basketball Association (NBA) legend added the Pittsburgh Penguins to his ownership portfolio after FSG and its partners made the purchase of $900 million for the National Hockey League (NHL) team, Essentially Sports reports. With Fenway Sports Group's purchase of the Penguins, LeBron James' portfolio keeps growing 📈 pic.twitter.com/l1YuBBiz2c — The Athletic (@TheAthletic) November 29, 2021 Currently, FSG is waiting for approval from the Board of Governors of the NHL. They are predicted to seal the deal by the end of 2021.
Several companies are distancing themselves from the social network Gab after it was discovered that Robert Bowers, the suspect in the Pittsburgh Synagogue shooting that resulted in the deaths of 11 people , used the site to voice anti-Semitic viewpoints. Shortly after the shooting, GoDaddy gave gab.com 24 hours to remove itself from the service. Other companies like Medium, Stripe, Joyent, and Paypal have also severed ties with the social network. According to the New York Times, Bowers created his Gab profile in January, and although he had other accounts Gab was where his anti-Semitic messaging were most prominent. Here’s more from the New York Times’ Kevin Roose: Gab’s reputation for accommodating extremism may have been what drew Mr. Bowers to the site. In January, he signed up for an account, and began sharing anti-Jewish images, conspiracy theories about Jews controlling the world, and criticism of President Trump — whom, he implied, was too accommodating of Jewish influence....
From breaking records on the field to securing lucrative endorsements, DK Metcalf has established himself as a wide receiver to watch in the NFL. Since being drafted by the Seattle Seahawks in 2019, he has quickly risen to elite status, becoming one of the league’s most dominant offensive weapons. Known for his rare combination of size, speed and athleticism, Metcalf has delivered performances that showcase his stamina and strength, cementing his reputation as a game-changing playmaker. Off the field, the 27-year-old has successfully transformed his football stardom into financial success . His endorsements include partnerships with major companies such as Nike, Gatorade and Beats by Dre, further boosting his income and public profile. Additionally, he has ventured into business, capitalizing on opportunities in industries ranging from fitness to fashion. With a keen eye for branding and entrepreneurship, he has positioned himself as more than just an athlete – he’s a savvy...
LeBron James’ business partner and Klutch Sports Group Founder Maverick Carter is looking to own an international league. Since 2006, Carter has been working alongside James within the business world. The pair had been playing basketball together in high school, and Carter was a trusted figure in James’ life. For that reason he was tapped by the NBA superstar to assist him on the business side as his sports career was taking off. “He betted on me at a time I didn’t know what I was doing,” Carter recalled during an interview on the “ UNINTERRUPTED” podcast . “And, you know, I’m still learning every day. But he really gave me a shot and was like, ‘I’m gonna empower you.'” Since that time, Carter has been a pivotal player in James’ journey to becoming a billion-dollar athlete today. Carter has served as his manager , and they have launched several business together, including SpringHill Entertainment, which merged with British television, film, and music production company Fulwell 73...
Mike Tomlin, the head coach of the Pittsburgh Steelers, has made a name for himself as one of the most respected and successful coaches in NFL history. As of recent estimates, Mike Tomlin’s net worth is approximately $30 million . His wealth comes primarily from his coaching career, lucrative contracts, endorsements, and other ventures. Coaching Career And Salary Pittsburgh Steelers Head Coach Tomlin became the head coach of the Pittsburgh Steelers in 2007, making history as one of the youngest head coaches in NFL history to win a Super Bowl, which he did in 2009. Throughout his tenure with the Steelers, Tomlin has been one of the highest-paid coaches in the league. His annual salary is reportedly around $8 to $12 million, making up the bulk of Tomlin’s net worth and total earnings. As a coach, Tomlin has never had a losing season, never getting below .500 in his 17 seasons coaching the Steelers. His record as a coach is 173-100-2, planting him firmly as the most successful Steelers...
History is being made in the 2024-2025 NFL season. Diverse Representation shares on Instagram that the current season, which kicks off Thursday, Sept. 5, 2024, reportedly has the most Black team minority owners in league history. The list is filled with various trailblazers across entertainment, sports, and business, which you can find below. Venus And Serena Williams Kicking things off are trailblazers Venus and Serena Williams, who made history as the first Black women to become minority owners in the NFL. As AFROTECH™ previously told you, they became minority owners in 2009 when the team was reportedly worth $1.02 billion, per Statista. “I am honored to be a partner in the Miami Dolphins franchise and thankful to owner Stephen Ross for allowing Serena and I to be part of Miami Dolphins history,” Venus said at the time, according to People. Serena added, “I am so excited to be part of such a renowned organization. Having spent so much of my childhood in the area, being involved...
JuJu Smith-Schuster wasn’t a first-round pick in the 2017 NFL Draft, but the 27-year-old hasn’t let that stop him from shining on the field. He prepared for his professional career while playing wide receiver and safety at Long Beach Polytechnic High School as a teen, even gaining recognition as a five-star recruit from Rivals.com. The next natural step for Smith-Schuster was to play at the college level, joining the University of Southern California’s Trojans team from 2014-2016. During that time the athlete made a name for himself as one of the top wide receivers at his level, helping to secure him a rookie deal with the Pittsburgh Steelers. As he returns to a previous team for the 2024 season, football fans are curious about JuJu Smith-Schuster’s net worth , which is reportedly in the multi-millions. Since 2017, California Native Has Played For Three NFL Teams (Photo by Joe Sargent/Getty Images) After being drafted No. 62 overall in his rookie season, Smith-Schuster went on to...
With less than a month until the NFL season officially begins, football enthusiasts are already mentally crafting their dream fantasy leagues. Last-minute additions and trades are still being made amongst the teams, including one new addition to the Washington Commanders that some were surprised to see. After six years away from playing in the NFL, Martavis Bryant’s net worth isn’t as high as many of his contemporaries. Still, with the right attitude and support system, the 32-year-old is confident he can make a comeback after a bumpy history of being suspended from other teams over drug use . Bryant grew up in Calhoun Falls, South Carolina, where he developed a love for sports early on. He ran track in high school and was a standout football player, earning him first-team all-state as a senior. After grad, Bryant spent one year at the Hargrave Military Academy in Chatham, Virginia to pass NCAA initial eligibility standards before heading off to Clemson University in 2011. The 2010s...
Legendary Los Angeles Rams defensive lineman Aaron Donald recently announced his retirement from the NFL after 10 years playing at an elite professional level. The Super Bowl champion shocked football fans across the country when he announced his departure from the league during the 2024 off-season. Per CBS Sports, Donald explained “I’m burnt out, if anything. The best way to say it is that I’m full. I’m complete. I’m satisfied with what I was able to do in 10 years. I think it’s time for me, at 32-years-old, to retire from football and jump into the next step of my career and my life.” While there are no confirmed reports of Donald’s post-NFL plans , many fans will surely follow along with the former defensive player to see where he goes next. During his decade-long tenure with the NFL, Aaron Donald managed to make quite a name for himself, securing generational wealth and amassing an estimated net worth of $60 million. His financial security came from an extremely lucrative...
The Kansas City Chiefs quarterback, Patrick Mahomes, has become something of a household name thanks to his 2019 season with the team when he led them to their first Super Bowl appearance in 50 years. Even though he has only been at the pro level for a short time, other opportunities like endorsements with Subway and Adidas, as well as other high profile investments in the sports industry , have helped to propel his visibility beyond the sports world. With a career that seems to only be getting brighter with time, a common question many people ask is exactly how much is Patrick Mahomes worth these days? Patrick Mahomes Early Life Patrick Mahomes is a native Texan from the town of Tyler where he was born in 1995. He is the son of Pat Mahomes, who is a former MLB pitcher for several teams in the U.S. and who also played a few seasons in the Nippon Professional League in Japan. From a young age, Patrick always showed an interest in sports, having played basketball, baseball and...
In a significant shift, the social media platform Twitter has officially rebranded. Twitter is now “X” as the company seeks to encompass a broader range of services and better reflect its evolving identity. Since Elon Musk’s takeover of the platform in 2022, the social media app has seen significant changes as it appears to re-engage with users who have since moved on to TikTok. “Twitter was acquired by X Corp both to ensure freedom of speech and as an accelerant for X, the everything app,” said Musk in a “tweet.” He adds, “The Twitter name made sense when it was just 140 character messages going back and forth – like birds tweeting – but now you can post almost anything, including several hours of video. In the months to come, we will add comprehensive communications and the ability to conduct your entire financial world.” What Does Musk Have In Mind For Twitter? Much like the super app WeChat , Musk’s rebranding of Twitter to X aims to do everything a consumer can think of. From...
This college wide receiver is taking the use of his name, image, and likeness (NIL) to greater heights. Jordan Addison just inked a deal with United Airlines. According to ESPN, Addison will participate in digital media content and an engagement campaign that points out new point-to-point routes now available by the airline. While the details of the numbers behind the deal are not yet available, Addison has become quite the household name after he won the Biletnikoff Award for the nation’s best receiver in the same season that he transferred from the University of Pittsburgh to the University of Southern California (USC). “College football fans love following their team on the road and this year we’re making it easier than ever,” said Michael Weeks, managing director of domestic schedule development and publication at United in a statement. “We’re flying nonstop to some of the most historic football towns in the country, including South Bend, Columbus, and Baton Rouge, and also...