*This piece first appeared in the Front Office Sports Newsletter. Subscribe today and get the news before anyone else. Watch out James Harden and Will Ferrell: the MLS celebrity ownership pick-up game just got even bigger. The MLS club announced yesterday that eleven families with connections to the Seattle area would be joining its ownership group. The new investors will take over part of a stake formerly held by Joe Roth, the Hollywood producer who helped the city land an MLS expansion spot […]
Marques Ogden felt he did everything right after he retired from the NFL. The former offensive lineman lived on a budget, retired with plenty in the bank and started a multi-million dollar business after his playing days were finished. Then things came to a screeching halt. In 2012, the construction company he started while still in the league ran into financial problems, in part he claims because of a partner company that wouldn’t pay. He tried to keep the company […]
When the Seattle Seahawks middle linebacker Bobby Wagner reported to the team facility to begin preparations for next season, he was surely to be pulled aside by one of his teammates and asked a direct question: So how did you do it? The 29-year-old Wagner recently became one of the rare pro athletes to successfully negotiate his own contract without an agent. By most accounts, Wagner didn’t need a silk-suited Jerry Maguire-type at the negotiating table. On his own, the […]
Jed Collins knows what it’s like to be blindsided by NFL cuts and how a career as a professional athlete can be like walking on a tightrope. For seven years, Collins played in the league as a fullback, adopting a “dirtbag” persona, he said, that wasn’t really him but helped him eventually stick on rosters after being released “a baker’s dozen times” his first two years. He now embraces those struggles and uses his experience as a professional athlete to […]
Athletes using their elevated status for business success isn’t a new concept, but Marquez Valdes-Scantling isn’t waiting for his on-the-field recognition to get his off-the-field efforts in order. The second-year Green Bay Packers wideout has been named by several publications as a breakout candidate this season as one of the top targets for Aaron Rodgers, who has commented early in training camp on the young receiver. Following a rookie season when the fifth-round draft pick hauled in 38 catches and […]
During games, Kansas City Chiefs tight end Travis Kelce will aid his play by chewing supplement gummies. That led him to get connected with a company paving the way in the industry. Now he owns part of the company. Through a mutual connection, Kelce and the owners of Hilo Nutrition found common ground and Kelce bought into the company. Rather than becoming a spokesperson, Kelce continues to find himself in equity deals, as are a growing number of professional athletes […]
Houston Rockets superstar James Harden is acquiring a minority stake in the Houston Dynamo and Houston Dash organization, according to multiple industry sources. Harden, who in 2017 signed a then-NBA record $228 million dollar contract extension with the Rockets that runs through the 2022-2023 season, is expected to acquire a 5% stake in the organization, sources said. This new 5% acquisition will value the organization at well over $475 million, according to sources. The ownership group is led by majority […]
During his 17-year career, Kenny Lofton made sure he was always giving back. Now he’s hoping to extend his philanthropic efforts, as well as other former pros. The six-time Major League Baseball All-Star said between having large hearts and a privilege to earn money playing a game helps position many professional athletes to serve communities during their playing careers. However, when they’re done playing, that platform can disappear. To help solve that problem, Lofton has co-founded the Still Got Game […]
The brand, USWNT star, and WNBA vet have teamed up for a limited edition hoodie to pay homage to LGBTQ activism over the years.
“We encourage all of the players to think of themselves as more than just football players,” said NFLPA Senior Player Manager Dior Ginyard.
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