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Magic Johnson’s NBA Return Only Happened After A Deal With His Wife — 'I Bribed Her. I Gave Her A Million Dollars'

Reliving the glory years is a real thing. From the hype of the crowd to the adrenaline felt by the sheer sport of the activity, only a few things compare to that rush. Across all sports genres, the world has witnessed players who have considered retirement but then decided to play one or a few more times before hanging the jersey up for good. Michael Jordan left basketball in 1993 just to return in 1995, and Tom Brady created an entire rollout about his retirement only to renege months later and return to the NFL. Magic Johnson is in that number but recently revealed there was a $1 million price tag associated with his return to basketball.

Sep 29, 2022

He's Built A $400M Fortune, But There Was Still A Time Where Shaquille O’Neal Thought 'D-mn, I'm Broke'

They say comparison is the thief of joy, and for NBA legend Shaquille O’Neal, that sentiment became true when he checked his net worth. AfroTech has previously reported that O’Neal has an estimated net worth of $400 million. Although this number is nothing to downplay, the former Los Angeles Lakers center was shocked that he wasn’t the wealthiest NBA player to ever do it.

Jul 6, 2022

Slauson & Co. Founders Shed Light On The Power Of Being Passionate About The Brands You Invest In

When passion exuded by investors matches that of the founders, it could be a win-win situation. On the latest episode of AfroTech’s Black Tech Green Money (BTGM), Blavity COO Aaron Samuels is joined by Slauson & Co. founders Austin Clements and Ajay Relan to discuss all things venture capital, which includes sharing their expertise on the world of investing. As an early-stage venture capital firm, Slauson & Co. invests in the tools and platforms of people to grow and expand small businesses. Their belief is rooted in the power of entrepreneurship with a focus on empowering founders regardless of their proximity to the traditional venture capital ecosystem. They truly believe that intentionality and inclusivity will take investors a long way when it comes to finding the best pool of founders to partner with. “There are a lot of diversity funds popping up, or a lot of people that are going after those markets and the question that comes with that is — ‘Is it too crowded or too niche...

Mar 15, 2022

Black Santa Gets Digitized Through NBA Superstar Baron Davis' Latest NFT Collection

Black Santa is here in digital form just in time for the holidays! Baron Davis Enterprises and have announced an exclusive non-fungible token (NFT) drop that is centered around Black Santa, the lead character and intellectual property (IP) created for the Davis’ multimedia content company, UWish. In a collection that will be released today (Dec. 17), the two-time NBA All-Star and entrepreneur is on a mission to give children a magical world of untold possibilities through the digitized character. “I believe that it is very important for Black children to see themselves accurately represented,” said Davis in an exclusive email interview with AfroTech. “In sports, it’s people of all cultures celebrating creativity, art, and entertainment. I want to be able to bridge that gap and tell the story behind Black Santa and find new Santas that represent the people who are in sports and the world.”

Dec 17, 2021