Basketball
LeBron, KD and Other Stars Invest in New Company
lebron james kevin durant And the long list of American sports stars is just the latest to invest in a company that replicates the legendary jerseys of the past. Mitchell & NessThe American company thus adds economic strength after previously expanding when it was acquired in February fan (75% of shareholders) and a group of investors led by Jay Z and Lil Baby (twenty five%).
Now, with this expansion, they now own stakes in LeBron, KD, and other prominent members of America’s sports and cultural elite. Kevin Hart, Odell Beckham Jr., Rich Paul and like NBA players Joel Embiid, James Harden, Chris PaulAccording to media outlet The Athletic, which announced the results of the new investment round, the replica company was valued at $250 million.
Mitchell & Ness just purchased the rights. 32 NHL teams To bring its products to market, and the entry of new capital, will meet the company’s need for funding to support this and other future collaborations.
Source: Mundo Deportivo
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