Entrepreneur Media’s Post

Tony Parker: From NBA superstar to business mogul 💹 Tony Parker took the basketball world by storm when he was drafted into the NBA at the age of 19. The French prodigy went on to have an illustrious career, winning 4 NBA championships with the San Antonio Spurs and becoming the first European player to be named NBA Finals MVP. But Parker was more than a superstar on the court. He had his sights set on business domination. Since retiring from the NBA in 2019, Parker has built a thriving business empire that spans sports, wine, hospitality and more. The crown jewel is his stake in LDLC ASVEL, France's most successful basketball club. As chairman and majority owner, Parker has led the team to back-to-back league titles. His holding company, Infinity Nine Group, has invested in ski resorts, horse racing, e-sports and several start-ups. Forbes ranked him as the second most popular business leader in France in 2021. Giving back is also important to Parker. In 2019, he launched the Tony Parker Academy in Lyon to provide underprivileged youth with academic and athletic training. During his 18 stellar seasons in the NBA, Parker earned more than $165 million in salary. Lucrative endorsement deals and shrewd investments have boosted his net worth to an estimated $200 million. Now Parker is joining season 4 of business reality show Qui Veut Être Mon Associé? (Shark Tank) as an investor. It's the perfect platform for the former NBA champion to back entrepreneurs and expand his business reach even further. Tony Parker's relentless drive has fuelled his rise from teenage hoops phenom to respected tycoon. His growing empire is proof that champions can thrive both on and off the court. #TonyParker #NBA #Investisor #SportBusiness

Know Your Self Worth and Invest/Act Accordingly. David Beckham's story is a reminder that acknowledging our self-worth and making decisions accordingly can lead to great success. In 2007, Beckham moved from Real Madrid to a football league in America, earning only $6 million from $20 million. Football, or Soccer as they call it in US, wasn't a big deal like in Europe or elsewhere. But he knew his worth and that joining the club would boost the football scene there and attract more fans. Beckham worked his contract to receive a percentage of the club's revenue from everything, including ticket sales, food, and merchandise. He also had the option to buy a Major League Soccer team for $25 million when he retired. His presence in the league increased stadium attendance, TV rights, and team valuations. In fact, he later bought a team, Inter Miami, for $25 million, much less than others who paid over $100 million for an MLS team. This story highlights the importance of recognizing our self-worth and investing accordingly. Many successful people have watched their net worth grow by making smart investments based on their value. It's true when they say, "Powerful people make places powerful!" Story Credits: M.O.M (Mad Over Marketing) #selfworth #football #networth #entrepreneur #business #value #davidbeckham

Russell Westbrook, the unlikely business mogul 🏀 Russell Westbrook is an animal on the basketball court. The LA Clippers star can dunk on anyone and anything. But off the court, Westbrook is an entirely different animal. While most NBA players go broke after retirement, Westbrook is cleverly building a business empire to become a billionaire. At 35, Russ is already worth $375 million, according to Forbes. But chasing cheques was never enough for Mr Triple Double. After signing his massive five-year, $207 million contract in 2017, Russ shocked the sports world by launching a startup. Honor The Gift is his passion project, a streetwear fashion brand that embodies his "why not?" philosophy. Last year alone, Honor The Gift generated $6 million in sales. But as we all know, fashion brands come and go faster than Westbrook's lightning crossover. To really scale up, Russ launched Russell Westbrook Enterprises (RWE) - his holding company - in 2019. RWE brings in tens of millions in revenue through its digital advertising agency, RW Digital. Russ's team helps brands tap into the power of minority consumers. But Brodie has bigger ambitions. He's modelling his empire after Vinnie Johnson - the legendary "microwave" who won rings with the Bad Boy Pistons before becoming a billionaire auto parts magnate. Russ is now evaluating auto parts companies to acquire through RWE. Guided by billionaires like Thomas Tull, his stake in Tulco grew from $9 million to over $90 million in 3 years. There's still a long way to go, but Russ won't stop attacking the rim until he joins MJ as the only billionaires in the world. #RussellWestbrook #NBA #SportBiz #SportBusiness

Can a basketball icon conquer the business world? Michael Jordan's story says, "Absolutely”. Imagine Michael Jordan, not on the basketball court, but ruling over boardrooms and markets. When his NBA days ended, Jordan didn't just retire; he changed the game—his game—from sports to business. First Play: The Charlotte Hornets Jordan leaped from scoring baskets to scoring business deals when he took over the Charlotte Hornets. He used his sports strategies to turn the team around, proving his prowess beyond the court. Second Play: Air Jordan Sneakers Next, Jordan teamed up with Nike and launched the Air Jordan sneakers. These weren't just shoes; they were a revolution in style and sports, making the Jordan brand a household name all over again. Michael Jordan’s journey teaches us a valuable lesson: the skills from any passion, like sports, can launch success in completely different fields. His story is not just about basketball; it’s about spotting opportunities and taking the shot, no matter the arena. What moves will MJ make next? Each step he takes continues to redefine what it means to be a champion—not just in sports but in life and business. Jordan's story isn't just inspiring—it's a playbook for all of us. Whether you're a sports fan or a budding entrepreneur, there's a lesson in his legacy: with vision and drive, any field can be your court. What's your next big move? Let me know in the comments section below. #MichaelJordan #Entrepreneur #BusinessIcon #Inspiration #Leadership #Success #BusinessStrategy

Did you know you could be the next owner of the Boston Celtics? I had a lot of reaction to a prior post about PE ownership in the NFL. Here's another path that's a little more interesting than the IRA contribution ... but maybe less reliable. Additionally, it does have a nice ring to it being able to say you are part owner of your favorite team. #PrivateEquity #NBA #NBAInvestments #TeamOwnership #PortafolioDiversification

Who was Malcolm Glazer? Biography, Net Worth, Age, Family, Height, Death, Children, Siblings: Malcolm Glazer was a highly successful American businessman and sports team owner. He was president and chief executive officer of… Read More: Who was Malcolm Glazer? Biography, Net Worth, Age, Family, Height, Death, Children, Siblings via #TheCityCeleb

Billionaires are recognizing the untapped potential and long-term value in women's sports. 🌍 With these deep-pocketed owners, the NWSL is no longer focused on mere survival but on ambitious growth and innovation. The construction of purpose-built stadiums and significant investments in training facilities underscore a long-term commitment to elevating women's soccer to new heights. This influx of capital and expertise is a game-changer, setting the stage for the NWSL to become the premier women’s sports league globally. ⚽🏟️ As the league expands, it will navigate new challenges, balancing local market needs with overarching league ambitions. With the right resources and leadership, even the most ambitious goals are within reach. 🚀 #NWSL #SportsInvestment #WomensSports #Leadership #Innovation https://lnkd.in/g9ySPcUk

🎉 Let's take a moment to celebrate the incredible achievement of the Minnesota Timberwolves as they secure their spot in the NBA Western Conference Finals! 🏆 Their dedication, teamwork, and relentless pursuit of success have brought them one step closer to their ultimate goal. As we cheer for the Timberwolves, this remarkable journey reminds us of the importance of preparation, strategy, and resilience in achieving our goals. Just like these talented athletes, we can all strive for greatness in our respective fields. 🤝 In the spirit of this momentous occasion, let's draw a parallel between the Timberwolves' success and our own commitment to excellence in insurance and financial services. 📈 We understand that success is not achieved by chance but by careful planning and execution. Just as the Timberwolves have a game plan to navigate the challenges on the court, we help individuals develop effective financial strategies to overcome obstacles and reach their goals. Reach out to me to explore how our insurance and financial services expertise can propel your family forward. Together, we can make winning moves and achieve remarkable success! P.S. Its always cool to see our company logo displayed during such big sporting moments 😀 #MinnesotaTimberwolves #WesternConferenceFinals #InsuranceMarketing #Success #Teamwork