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Drake may be the āCertified Lover Boy,ā but his success in that area didnāt always translate as it relates to his sports. Popular sports gaming site, FanDuel, even went so far as to document Drakeās luck with supporting his teams in 2019. However, they havenāt been the only ones. With so much bad luck, fans and sports analysts alike have deemed his bad streak the āDrake curse.ā Now, itās safe to say that curse may be a thing of the past ā especially with Drake supporting the Golden State Warriors during their Western Conference finals run.
Klay Thompson and Andre Iguodala just became the latest professional athletes to get paid in Bitcoin, joining others like Odell Beckham Jr. Iām BACK and changing it up: excited to take part of my paycheck in bitcoin thanks to Cash App! Iām with bitcoin because I believe itās the future of money š Plus Iām giving out $1M in btc with @andre right NOW. Just follow @CashApp + drop your $cashtag below w/ #PaidInBitcoin pic.twitter.com/bUYC6SxkMj ā klay thompson (@KlayThompson) January 10, 2022 āIām BACK and changing it up: excited to take part of my paycheck in bitcoin thanks to Cash App! Iām with bitcoin because I believe itās the future of money,ā Klay Thompson wrote on Twitter. āPlus Iām giving out $1M in btc with @andre right NOW. Just follow @CashApp + drop your $cashtag below w/ #PaidInBitcoin.ā His teammate Andre Iguodala echoes the same sentiment as Klay Thompson and adds that he, too, will receive a portion of his salary in Bitcoin. And, whatās more, is that the move marks a...
There were some initial hesitations around Unrivaledās 3-on-3 womenās basketball league, but that has not stopped it from attracting notable investors. Unrivaled is a startup founded in 2023 by WNBA players Napheesa Collier and Breanna Stewart. As AFROTECHā¢ previously told you, its business model is unprecedented, offering the highest salaries in womenās sports and granting participating players an equity stake in the league. Its concept has proven to be a success among its players. āEverybody got equity coming into this league, thatās the most important thingā¦I know five years from now this thing is gonna be bigger than ever,ā Angel Reese from Unrivaledās Rose BC team shared duringĀ a virtual press conference held in January. View this post on Instagram A post shared by Rose BC (@rosebc) The potential of Unrivaled was not understood by all. In fact, Collier recalls receiving various ānoāsā during the leagueās inception. āIt was hard because you think the same thing like, āOh, Iām an...
Kevin Durant is looking to secure a WNBA team in the city where he played before being drafted into the NBA. The basketball star played at the University of Texas at Austin in 2006 for one year. ESPN reports that during his short time there, he became the Big 12 Player of the Year and earned a Naismith Trophy, the first time in history that a freshman won the award. His talents led him to the NBA in 2007. He was drafted by the Seattle SuperSonics ā which no longer exist ā in the first round as the second overall pick and secured a four-year rookie contract valued at $19.5 million, per Spotrac. Durant has gone on to become one of the leagueās best players and secured two championship rings with the Golden State Warriors after a decade in the league. Now, Durant could be returning to his roots through team ownership. According to USA Today, sources involved in the process named him in a group looking to bid for a WNBA team in Austin, TX. The group also includes former Milwaukee Bucks...
Stephen Curry stands by his decision to choose Under Armour over Nike. In 2013, in what was arguably the fumble of that decade for Nike, the shoe brand conducted a pitch meeting with the Golden State Warriors point guard. He had been signed to the company since being drafted to the NBA in 2009, according to Basketball Network. Sports Illustrated notes Curry began setting up meetings with leading shoe companies, and the new Under Armour ultimately came out on top. Under Armour offered a $4 million annual contract that included the promise of a signature shoe and the chance for him to become a key figure for the brand. Nikeās offer was $2.5 million without the additional perks, and the meeting reportedly didnāt go so well. A representative was said to have mispronounced Curryās first name, calling him āSteph-onā instead of āSteph-en,ā and a slide presentation allegedly had Kevin Durantās name on it and not Curryās. With Curry choosing Under Armour, the deal kicked into gear in 2013....
Tom Nyuma was awarded second place at the 2024 AFROTECHā¢ AI Hackathon , where innovators gathered to collaborate on impactful solutions for their communities and industries. Nyuma, who started programming in college, created Sickle Sense to ātruly make a difference in the lives of those with sickle cell,ā he shared in his submission to AFROTECHā¢. Ā View this post on Instagram Ā A post shared by AFROTECHā¢ Conference (@afrotech.conference) As someone living with sickle cell disease, Nyuma initially planned to develop an app to help people find jobs. However, after reflecting on his own experiences, he decided to address a long-standing issue he had been passionate about for years ā sickle cell disease management. While researching, Nyuma found a 2023 paper titled Artificial Intelligence in Sickle Cell Disease, Ā which explored how AI could transform the management of sickle cell disease through areas like early crisis detection, personalized treatment, and risk stratification. He said...
If you have even a passive interest in sports, professional fighting , or mixed martial arts, youāre undoubtedly aware of the UFC, which shattered records in 2023 as the largest MMA promotion in the world. The entity, whose title is short for Ultimate Fighting Championship, is one of the largest subsidiaries of Endeavor Group Holdings, which owns such massive companies as the Asylum Entertainment Group, TKO Group Holdings, and Professional Bull Riders. As of 2024, the UFC has ballooned its market capital to record highs , and run more than 700 events worldwide. According to BetMGM , the UFC is currently valued at a net worth of over $12 billion, with expectations to continue growing as the years carry on. Given that the outlet is so successful, it only makes sense that we perform a deep dive into the history and financial security of the business. Any entity which balloons from a humble MMA showcase to a multi-billion industry in the span of just 30 years is absolutely worth...
The National Basketball Association (NBA) is not only one of the most popular sports leagues globally, but it is also one of the most lucrative. Over the years, the leagueās net worth has surged due to increased media rights deals, sponsorships, merchandise sales, and international expansion. As of recent estimates, the NBAās net worth, or more accurately, overall valuation sits between $90 billion to $100 billion, making it one of the richest sports organizations in the world. Here, weāll dig deep into what made the sports franchise a giant in the entertainment industry. Factors Driving NBAās Financial Success Media Rights Deals One of the primary drivers of the NBAās net worth is its lucrative media rights deals. In 2014, the NBA signed a nine-year, $24 billion TV deal with ESPN and Turner Sports, setting a record for sports broadcasting at the time. As the leagueās popularity continues to grow, especially internationally, the value of these media rights is expected to increase....
Earlier this year, the Charlotte Hornets re-signed guard Seth Curry for a one-year deal. The NBA teamĀ traded P.J. Washington to the Dallas Mavericks in order to acquire Curry on Feb. 8. Sethās take on being a Hornet: ā ON PURPOSE, FOR PURPOSE .ā So what is Seth Curryās net worth? The terms of Sethās current contract have not been reported. However, prior reports estimate that Seth has earned a total of $33 million in the NBA and currently $16 million. In 2021-22, he reportedly earned $8.2 million with the Brooklyn Nets. In 2018-19 with the Portland Trail Blazers, he had a rumored $3 million deal. Additional NBA teams heās been on since 2013 include the Erie BayHawks, Santa Cruz Warriors, Memphis Grizzlies, Cleveland Cavaliers, Phoenix Suns, Sacramento Kings, Philadelphia 76ers and the Dallas Mavericks. (Fans got an inside look at his Texas mansion, which he was selling for $3.6 million , during one of his trades.) What Else Is Seth Curry Up To? As is common with lots of todayās...
By now, just about every fan of basketball has become well acquainted with the generation-defining legacy of Kevin Durant. The beloved NBA star is regarded as one of the greatest players of all time for his passionate performance, making him one of the most sought-after small forwards in the entire league. Over the course of his 16 seasons on the court, Durant has played for 4 teams, and amassed hundreds of millions of dollars in salary alone. According to Celebrity Net Worth , Kevin Durant currently touts a highly impressive net worth of over $300 million. While this sum comes primarily from his NBA salary, Durant has also bolstered his nest egg with money from endorsement deals , real estate, and many other prudent investments. Given that KD is undeniably in the GOAT conversation, now seems like as good a time as any to take a deep dive into his multiple revenue streams, and see what we can learn about his financial portfolio. For those looking to study the moves of...
Jaylen Brown and Jason Kidd have a heart for the Oakland community. Each has ties to the city, which also catalyzes their bond. NBA Hall of Famer Kiddās hometown is Oakland, CA, while Boston Celtics player Brown attended the University of California, Berkeley, and his college roommate was from Oakland, CA. āOakland is like the second home to me. I went to Berkeley. Jason also went to Berkeley. Jason is one of my mentors,ā Brown told AFROTECHā¢. āOne of my roommates when I was in college was from Oakland. So I spent a lot of time in Oakland,ā Giving Back To Their Communities While Brown and Kidd are connected through their ties to Oakland and their prominence in the world of basketball, they also share a passion for investing back into their communities. As AFROTECHā¢ previously reported, Kidd showcased this when he participated in a $2.6 million raise to become co-owner of Oakland, CA-based soccer teams Oakland Roots SC (menās) and Oakland Soul SC (womenās ) in 2023. āI grew up...
Andre Iguodala once rejected a $60 million offer to accept a lower deal with the Golden State Warriors. Final Year With The Denver Nuggets In 2013, Iguodala was a member of the Denver Nuggets, posting averages of 13.0 points, 5.3 rebounds, and 5.4 assists in his last season with the team, spanning 80 games, ESPN reports. The Denver Nuggets were interested in keeping Iguodala on the team. However, he was looking to exit his final year of the contract to become a free agent. The Denver Nuggets offered him a $60 million five-year deal, with $52 million guaranteed, to try to keep him on the team, per ESPN. ESPN reports that other teams were vetting for his talents, including the Sacramento Kings, which reportedly offered him a $52 million four-year deal, and the Golden States Warriors, which were looking to put up $48 million for the same timeframe. Rejecting The $60M Offer From The Denver Nuggets Iguodala did not respond promptly enough to the Sacramento Kings, so the team rescinded...
Michael Jordan had an unconventional way of signing Stephen Jackson. In 2009, Jackson joined the Charlotte Bobcats (now the Charlotte Hornets) and had a debut averaging 21.1 points, 5.1 rebounds, 3.6 assists, and 1.6 steals in 39.3 minutes across 72 games, the Basketball Network reports. That year, the team appeared in the NBA postseason for the first time. In 2010, Jackson received mentorship from Jordan, who had acquired majority team ownership the same year. As AFROTECHā¢ previously reported, the former owner, Bob Johnson, had sold his stake for a reported $275 million, ESPN noted, while The Charlotte Observer stated it was $180 million. āI come out of the game, Iām asking him, heās telling me certain stuff that he sees that I should doā¦,ā Jackson said, according to the Basketball Network. ā How many people can say that? How many people can say that theyāre sitting on a sideline with MJ?ā Beyond guidance, Jordan also helped save Jacksonās playing career. During an āAll The Smokeā...
Each year, between the end of spring and the beginning of summer, several professional sports leagues host drafts, giving space to the next batch of athletic superstars who will impact their respective games for years to come. With so much excitement about a new generation of professional athletes, the focus sometimes shifts from player stats and team projections to contracts and partnership deals. But the excitement of new money is largely made possible by the athletes who have some tenure in the game. From rookie expansion contracts to lucrative business deals, athletes are continuing to level up, paving the way for whatās possible in the future. Against this backdrop, Forbes has released its highest-paid athletes list of 2024, and of the 10 players, 50% of those spots are held by Black athletes. Lebron James View this post on Instagram A post shared by š (@kingjames) Lebron James is No. 4 on the list but ranks No. 1 among Black professional athletes. The 39-year-old is currently...