Michael Jordan Joins Courtside Ventures' $100M Sports Fund
The NBA legend invests in a venture capital fund focused on sports, lifestyle, and gaming startups.
- Michael Jordan has invested in the fourth round of funding for Courtside Ventures, which aims to raise $100 million.
- Courtside Ventures specializes in early-stage investments in sports, media, fitness, and technology companies.
- Jordan's exact investment amount in this round is not publicly disclosed.
- The former NBA star continues to expand his business portfolio after selling the Charlotte Hornets for $3 billion in 2023.
- Courtside Ventures, founded in 2016, has over 100 investments and more than $200 million in assets under management.