Showing 127 results for:
athletes
Popular topics
All results
HBCU graduates Terry Comer and Khalil Thompson have secured new funding for their work in the NIL space. In 2021, the pair, who had an interest in college sports, united to launch NIL FanBox, marketed as the only “university-approved, player-endorsed recurring collectibles platform.” It works by sending sports fans 100% authenticated collectibles from their favorite college athletes. Its website mentions that the curated box includes three to five signed collectibles, a “Golden Ticket,” exclusive player merchandise, and digital authentication. One of its partnerships, with The University of Texas at Austin, resulted in the Longhorn FanBox, which is valued at $199 each football season and energizes fans by including “ultra-rare” collectibles and “behind the moment” interviews. Photo Credit: NIL FanBox While NIL FanBox certainly benefits fans, it also supports athletes by allocating a portion of its revenue back to them. NIL FanBox returns more than 30% of its revenue to participating...
Kevin Garnett broke away from the status quo with his financial decisions during his first decade in the NBA, opting for an unconventional approach that set him apart from his peers. The South Carolina native was drafted into the NBA in 1995 as the fifth overall pick by the Minnesota Timberwolves, notes ESPN. The power forward signed a three-year rookie contract worth $5,397,120, according to Sportico. He remained with the team for 13 years before being traded to the Boston Celtics. For the majority of his time with the Minnesota Timberwolves, Garnett had an unconventional way of keeping track of his paychecks, which he attributes to a lack of financial literacy. “I was kind of raised with a certain pedigree and mindset so I wasn’t introduced to wires or just fintech. I wasn’t financially savvy. I didn’t know about direct deposit. I didn’t know none of this,” Garnett admitted during an interview on “Jimmy Kimmel Live.” Garnett opted to cash his earnings and store it under his...
Dawn Staley continues to offer a guiding hand to basketball star Aliyah Boston. The pair first teamed up at The University of South Carolina. Staley serves as the school’s head coach of women’s basketball and is currently signed to a historic seven-year contract that has made her the highest-paid head coach in NCAA Women’s Basketball, as AFROTECH™ previously reported. Boston played under Staley’s leadership from 2019 to 2023. Together, they won one national titles against the University of Connecticut in 2022, notes NBC-10 Philadelphia. Boston’s collegiate career would position her as the school’s all-time leader in overall rebounds, offensive and defensive rebounds, blocked shots in SEC games, double-doubles, and triple-doubles, among others, according to the WNBA. She is also a four-time SEC Defensive Player of the Year, two-time National Player of the Year, and two-time SEC Player of the Year. Throughout it all, Staley has remained front and center as a fan even as Boston...
Coco Gauff has invested in women’s basketball. Unrivaled is a 3-on-3 basketball league announced in 2023 and founded by WNBA stars Napheesa Collier and Breanna Stewart. Each player participating in its first season was granted equity in the league, setting a precedence in sports. “For years, women have relied heavily on off-court sponsorships for a majority of their income,” Stewart said in a press release shared with AFROTECH™ . “With Unrivaled , we’re revolutionizing the game by prioritizing investments in our stars and ensuring their on-court performance is reflected in their pay.” Collier added: “With the growing popularity of women’s basketball and the WNBA, this is an opportunity for us to extend our visibility into the traditional basketball season. Breanna and I set out to create a league that would change the way women’s sports are viewed and ultimately how sports leagues operate. We may have had the vision, but this isn’t just our league – it belongs to the players, and...
Shaquille O’Neal went several years without spending a dime of his first NBA paycheck. O’Neal’s glory days in the league date back to June 24, 1992. He was drafted by the Orlando Magic as a first-round draft pick, according to ESPN. His initial contract was a four-year deal valued at $17,400,000, notes Spotrac. O’Neal’s talent and charisma made him a sought-after player among companies looking to endorse the young player. In fact, he sustained himself solely through his endorsements until he had his first child, Taahirah, in 1996. “I didn’t spend my first NBA check until I started having children. I had so much coming in, I was like, ‘NBA money over there, and I’ll just live off endorsement money,'” he said during a 2022 interview with Gayle King on “CBS Mornings.” When he became a free agent, he signed with the Los Angeles Lakers, ultimately leading to three national championship rings. He earned his fourth with the Miami Heat in his 14th career year. Beyond his success on the...
Chris Paul has shared an exciting update about one of his investments. According to its LinkedIn page, the former NBA star is an investor in PlayersTV, the first athlete-owned media network and content provider. As previously reported by AFROTECH™ , the network was launched in 2020 by Deron Guidrey and Collin Castellaw. PlayersTV offers athletes the opportunity to hold a stake in the company, with many also owning production companies. Notable athlete investors include Travis Kelce, Dwyane Wade, and Damian Lillard. “Dwyane Wade, Chris Paul, and Damian Lillard are just a few of the 50+ athletes on PlayersTV’s roster. All of our athletes each have their own production companies and unique content they want to share with their fans,” Guidrey previously told AFROTECH™. “PlayersTV unlocks this opportunity and enables them to share their content in an authentic and meaningful way . By partnering with PlayersTV, these athletes are able to connect with their fans on a larger scale through...
Derrick Rose is truly living up to his name. The former NBA point guard is hosting a pop-up flower shop in Chicago, IL, on Thursday, Jan. 2, 2025. Rose’s Flower Shop will be open for “one day only,” from noon until 4 p.m., according to the Memphis Commercial Appeal. “Welcome to Rose’s, the No. 1 flower shop in Chicago . How can I help you?” Rose teased in an Instagram reel announcing his venture. “A dozen roses? Coming right up. … We’re open for business. We can do that. We got you. It’s on the house. We appreciate your business.” View this post on Instagram A post shared by Derrick Rose (@drose) Rose, a Chicago native, began his NBA career with the Bulls , where he was the No. 1 overall pick in the 2008 Draft. He made history as the youngest MVP in NBA history, winning the award in 2011 at 22 and 6 months old, the Commercial Appeal reported. While Rose is giving the community their flowers in the city where it all started, the Bulls are honoring him in return. The Bulls shared...
Vince Carter says he leaned on fellow NBA player Grant Hill when he was pursuing team ownership. As AFROTECH™ previously told you, Hill is the owner of several teams. He has a minority stake in the Atlanta Hawks (NBA), Orlando City (Soccer Club), Orlando Pride ( National Women’s Soccer League) , and Baltimore Orioles ( MLB) . Therefore, when it came time for Carter to act on his desire for team ownership, Hill was top of mind. “Grant’s been in a situation where he’s a good friend for a long time and right there in Atlanta (GA). So, my neighbor, ” Carter told Front Office Sports. “He was, in that entire process, somebody that I leaned on, that we talked to because he’s good friends with T-Mac (Tracy McGrady) as well. So we talked to him from the beginning of this process on what we were looking for, what they were looking for, how to go about it and just kind of just listening. He’s like that big brother that I’ve been through a lot with. What better guy than him to ask?” In December...
College basketball coach Leonard Hamilton is being sued for allegedly defrauding several players. According to Yahoo! Sports, former Florida State University (FSU) basketball players Darin Green Jr., Josh Nickelberry, Primo Spears, Cam’Ron Fletcher, De’Ante Green, and Jalen Warley have filed a lawsuit against their former coach. The players claim Hamilton owed them $1.5 million in total through name, image, and likeness (NIL) payments. They say he made promises of payments starting in April 2023, when he held a meeting and allegedly told the players they would receive compensation of $250,000 each. The money was expected to be disbursed by March 2024, but the players claim those funds never materialized even though he continued to assure them that they would be paid. “Every player on the 2023-24 FSU men’s basketball team roster relied on the promises that Hamilton made when they either decided to transfer to FSU or remain enrolled at FSU and play out the season,” the suit said, per...
Travis Hunter has a string of victories to celebrate. In December 2024, Hunter was awarded the 2024 Heisman Trophy and became only the second two-way player to receive the honor, following Charles Woodson in 1997, according to the NFL. The award is given to an athlete who is considered the most outstanding player in college football. “First, I want to say I thank God, man I never thought I woulda been in this position,” Hunter said during his acceptance speech. Lil Wayne was also present to celebrate Hunter’s achievement. Hunter revealed he would often play the rapper’s music during pregames and expressed his gratitude. “I’m really appreciative of it, Wayne. You don’t know how you came in, came into our life, man. My fiance loves you. I didn’t know none of your songs until she let me know ’cause I don’t listen to music,” Hunter explained. “She told me you got to listen to this. If you don’t listen to music listen to Wayne, and from that day on that’s all I listen to.” He also told...
Angel Reese has come a long way from her days working in fast food. The WNBA player shared a 2019 throwback with her 4.6 million Instagram followers, offering a glimpse into her humble beginnings working at Smashburger. At the time, she was still in high school, excelling as a standout player for St. Frances Academy in Baltimore, MD. According to USA Basketball, she was even named the Baltimore Sun Player of the Year in 2019 and 2020. Hustling Off The Court At Smashburger Amid her athletic greatness, Reese was also hustling off the court. She picked up shifts at Smashburger before heading into practice. “Humble beginnings. I used to be broke clocking in for work then going to practice,” Reese captioned on her Instagram story. “Smashburger Days IYKTYK. Sometimes I used to literally work from 10 AM to 10 PM.” NIL Era Reese’s days at Smashburger would eventually come to an end. During her collegiate years, she played at the University of Maryland and then transitioned to Louisiana...
Damian Lillard just received back-to-back victories. The eight-time All-Star is currently on the roster of the Milwaukee Bucks following a three-team trade in November 2023, a news release mentioned. It has not taken long for the team to reach a major milestone. On Tuesday, Dec. 17, 2024, the Milwaukee Bucks were announced as champions over the Oklahoma City Thunder in the annual in-season NBA Cup, which is in its second year. What’s more, players on the team with standard contracts will be awarded $514,971 each for the victory, notes WGN-9 TV. “I’ve had a lot of experience individually where I’ve had accomplishments and stuff,” Lillard said, according to AP News. “But to have some team success and win something and be the last team standing in this tournament, it feels great.” Giannis Antetokounmpo, power forward and teammate, commented: “I’m so happy for Dame that we got our first trophy together. This is just the beginning. We have to keep on improving and getting better, and we...
Reebok is making a comeback in the world of basketball. On Thursday, Dec. 19, 2024, Reebok and the WNBA announced a multi-year agreement designating the global sports culture brand as an authorized footwear supplier for the league. “The WNBA continues to grow with iconic brands, and we look forward to Reebok joining us in driving women’s basketball to new heights and inspiring the next generation,” WNBA Chief Growth Officer Colie Edison said in a statement. “As we continue to capitalize on increased brand awareness, our work with Reebok is another step in bringing more fans to the game.” Reebok has been producing basketball shoes for women since the 1980s. Throughout the 1990s, the brand sponsored some of the best women’s collegiate basketball teams in the country and, in 1997, launched a signature shoe for WNBA player Rebecca Lobo. It’s no secret that Nike is the leading shoe brand among NBA and WNBA players, but other brands have a presence. As of October 2024, six active WNBA...
WNBA star and Nike signee A’ja Wilson is making m ajor moves. Wilson has been a cornerstone player for the Las Vegas Aces since she was drafted first overall by the team in 2018, as noted by the WNBA. She has led the Aces to two consecutive national championships and earned multiple MVP awards, including one in 2024. What’s more, Wilson has continued to dominate as the year comes to a close. She made history as the first player to score 1,000 points in a single WNBA season, according to ESPN. “It was pretty surreal but it was one of those things that I did not understand it was in reach,” Wilson said in reflection, per CNN . “It didn’t really hit me until the second half when I was like ‘oh no, this is doable.’ … Like now to live in it, I’m living my dream and so I’m so grateful to be able to say I’m here, and now I know someone is going to crush it soon and going to be 2,000 points in a season, so I am going to hold onto it now while I got it.” Wilson’s victories also extend off...
Travis Hunter has been quietly paying it forward to his University of Colorado Boulder teammates. The 2024 Heisman Trophy Award recipient and Colorado Buffaloes football star has been raking in various name, image, and likeness (NIL) deals, most recently signing a multi-year deal with adidas, as AFROTECH™ previously reported. View this post on Instagram A post shared by adidas Football (@adidasfballus) “Working with adidas is a special opportunity for me and something that I’m really excited about as I look ahead to what’s next,” Hunter said, according to Sports Illustrated. “The partners they currently have are top tier with some of the best young guys like me. I’m pumped to join the three stripes as we continue pushing the boundaries of the sport we all love.” Aaron Seabron, general manager, U.S. Sports & Creation Center Portland (Oregon) at adidas, commented: “…We’re proud to partner with someone whose passion for sport and drive to create impact on and off the field mirrors our...