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Nearly three years after officially saying farewell to the NFL, Marshawn Lynch has found his way back to the city he once called home while on the field. CNBC reports that the former Seattle Seahawks star is now a minority investor in the NHL’s Seattle Kraken, which is reportedly valued at $875 million. In addition, Lynch is joined by rapper and Seattle native Macklemore. “This is something I never would have imagined,” Lynch said in a press release. “I always dreamed of playing on a professional team but owning one is something special. As I look back on some of my accomplishments — I retired before I was 30 and now being an owner of a professional club at the age of 35 – I’m gonna continue to count my blessings.” Further details of the announcement weren’t released, but it’s said that “minority equity stake deals similar to this are generally for 1% of a team or less.”
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.
Blake Bolden just made history as the National Hockey Leagues’ first and only Black female scout! Yahoo! Sports reports that Bolden just made her transition to the league’s business side and is the second woman and first Black woman scout in the NHL. Kim Davis, executive vice president for growth initiative, legislative affairs, and social impact at the NHL has been leading the way in the league’s effort to push for more diversity. Formerly serving as a defender for the Boston Pride of the NWHL, Bolden was a successful hockey player before her deal with the Los Angeles Kings as an NHL scout back in January. “I’d never thought about scouting,” Bolden tells Yahoo! Sports . “ I was at the Kings facility because I was a special guest for the Black Girl Hockey Club, and the Kings wanted to talk to me about women’s hockey, and I think [they] wanted someone for the role of an AHL scout, and [they] asked if I was interested.” Following an extensive process, the 29-year-old began her...