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Federal authorities are investigating former Detroit Pistons guard Malik Beasley’s alleged involvement in wire fraud, gambling, and illegal prop betting, according to ESPN. The allegations stem from Beasley’s time playing for the Milwaukee Bucks during the 2023-2024 season, sources told the outlet, with the focus on “unusually heavy betting interest on Beasley’s statistics” starting in January 2024. A gambling industry source shared that o ne or more prominent U.S. sportsbooks noticed the activity. The 18-month investigation is being led by the U.S. Attorney’s Office for the Eastern District of New York, Beasley’s lawyer Steve Haney told The Detroit News. “It’s a gambling investigation involving Malik. No criminal charges have been issued. It’s nothing but an investigation and Malik is entitled to the presumption of innocence,” Haney said, per the outlet. The investigation has reportedly resulted in the Pistons withdrawing a three-year, $42 million contract offer to Beasley. While...
Evander Holyfield, famously known as “The Real Deal,” is widely regarded as one of the greatest professional boxers of all time. His career, marked by resilience and impressive achievements in both the cruiserweight and heavyweight divisions, has cemented his place in boxing history. Beyond the ring, Holyfield has engaged in business ventures, endorsements, and philanthropy, contributing to his overall financial portfolio. Let’s explore his early life, illustrious boxing career, earnings, and entrepreneurial activities, all contributing to Evander Holyfield’s estimated net worth in 2025. Early Life And Amateur Boxing Career Evander Holyfield was born on October 19, 1962, in Atmore, Alabama . Raised in a modest household, Holyfield faced significant challenges during his upbringing. Boxing became an outlet for discipline and focus, steering him away from potentially negative influences. Holyfield’s amateur career was exceptional. He won the National Golden Gloves Tournament in 1983...
The third-most valuable Michael Jordan trading card has sold at auction. JOOPITER The rare card has made its way to JOOPITER, an auction house owned by Virginia legend and award-winning music producer Pharrell Williams. As AFROTECH™ previously reported, Williams had been a serial collector and launched the platform in 2022 “to embrace the energy that is released when objects change hands, and to respect the value that’s been created around these objects.” “Joopiter was founded to not only introduce a new voice into the auction landscape, but to recalibrate what it means to be a collector… We are excited to bring these objects to the world,” Williams said , according to WWD. Signed 1986-87 Jordan Card JOOPITER’s latest auction item was a signed 1986-87 Fleer #57 Michael Jordan rookie card, according to information shared on Instagram. Jordan’s card had been one of nine trading cards that he signed back in 2024 on his private golf course in Florida, per the auction’s page. The card...
Mark Cuban is stepping into a new game — this time alongside leaders working to reshape the face of professional sports ownership. According to Bloomberg, the billionaire entrepreneur and former Dallas Mavericks majority owner has been named a general partner in Harbinger Sports Partners Fund, a newly launched $750 million private equity fund targeting minority stakes in legacy U.S. sports franchises. The fund is co-founded and led by Rashaun Williams, a venture investor and limited partner in the Atlanta Falcons, and Steve Cannon, former CEO of AMB Sports and Entertainment, the parent company of the Falcons and soccer club Atlanta United FC, Bloomberg reports. Per the outlet, Harbinger is focusing on investments in teams across the NFL, NBA, and MLB. Williams, Cannon, and Cuban together bring operational experience, league relationships, and deal flow access to the table, significant factors that could set the fund apart from other institutional players entering the sports world....
Two-time NBA champion Rajon Rondo, 39, returned to the University of Kentucky (UK) this month, not for a game but for a graduation ceremony. The former All-Star point guard officially earned his bachelor’s degree in communications during the university’s May 2025 commencement ceremony at Rupp Arena in Lexington, KY, as Yahoo Sports reports. The moment marked a full-circle achievement 20 years after Rondo first enrolled at UK as a standout freshman in 2004, the outlet states. After two seasons with the Kentucky Wildcats, Rondo declared for the 2006 NBA Draft, where he was selected 21st overall by the Phoenix Suns and later traded to the Boston Celtics, per Yahoo Sports. What followed was a decorated 16-season NBA career with several teams, including an NBA championship in 2008 with the Celtics and another with the Los Angeles Lakers in 2020. Rondo last played for the Cleveland Cavaliers in 2022. He officially retired from the NBA in April 2024 with a net worth of over $45 million, as...
There are clubs that no amount of charm or charisma can get you into. The kind where wealth isn’t enough if it isn’t old, where opportunity depends not on merit but on access, and where the real decisions are made behind velvet ropes and closed boardroom doors. For far too long, the world of professional sports ownership has been one of those clubs. This is where Jaia Thomas and Diverse Representation enter the chat. What started as a digital directory for Black agents and publicists has evolved into a movement to radically shift the face of power in sports and entertainment. Through events like the recent Black Ownership in Sports Symposium in Atlanta, GA, Founder and CEO Thomas is not just asking for a seat at the table. She’s building new tables altogether. The symposium brings together current and aspiring Black owners, investors, and leaders to discuss tangible pathways into one of the most exclusive spaces in business. Paxton Baker was one of the speakers at this year’s...
Former NBA player Jason Kidd has invested in another soccer team. As AFROTECH™ previously told you, the 10-time NBA All-Star and current head coach of the Dallas Mavericks has continued to pursue his passion for sports well beyond his playing days. As an investor, his portfolio includes two soccer teams based in his hometown of Oakland, CA: Roots SC (men’s) and Soul SC (women’s). “In The Town when you talk about sports, we all had heroes. I’m excited to join the Roots and Soul family,” Kidd said at the time, according to Andscape. “I’ve been seeing videos of all the support they get. I’m just trying to help the family. I especially like that there are both male and female teams. Also, with the teams being in The Bay, I felt like it was a great fit.” Everton Added To Portfolio Now, Kidd has invested in another soccer team, this time joining Roundhouse Capital Holdings, which is part of The Friedkin Group, the ownership group of English Premier League club Everton, mentions ESPN. The...
Athletes are leaning further into content creation to build a sturdy brand. While sports is a bridge between athletes and fans, content creation is another avenue that can further enhance the relationship. Now, more and more players are leaning into this in various ways to give fans a closer look into their lifestyles and interest. At the 2025 NAB Show (National Association of Broadcasters) held in Vegas, NV, PlayersTV Co-Founder Collin Castellaw was among the leaders gathered for a panel titled “Empowering Athletes: The Rise of Player-Owned Media in the NIL Era,” moderated by journalist Chris Smith on Tuesday, April 8, 2025. PlayersTV As AFROTECH™ previously told you, PlayersTV, established in 2020, is the first athlete-owned media network and content provider. It is currently backed by players that include Chris Paul, Kyrie Irving, Travis Kelce, Dwyane Wade, Carmelo Anthony, and Damian Lillard. The media network currently has nearly 70 professional athletes as owners, investors ,...
CoCo Gauff is on a mission to “take greater ownership” of her tennis career, starting with launching her own management agency. On Wednesday, April 2, Gauff, describing herself as an “athlete, entrepreneur, and changemaker,” announced the launch of Coco Gauff Enterprises. The initiative is supported by talent representation agency WME (William Morris Endeavor), which Gauff asserted has the “vision and resources to help me explore all of the opportunities ahead.” “From the moment I first picked up a tennis racket, I’ve always believed my purpose extended far beyond the court,” Gauff’s post said. “Today, I’m thrilled to announce CoCo Gauff Enterprises, a venture that reflects my passion for making an impact—not just in tennis, but in business, philanthropy , and beyond.” View this post on Instagram A post shared by Coco Gauff (@cocogauff) The venture marks the end of Gauff’s partnership with Team8, the boutique agency co-founded by former Swiss professional tennis player Roger...
Unrivaled, a 3-on-3 women’s basketball league, is leveraging technology to improve the health and wellness of its players. The 3-on-3 league founded in 2023 by WNBA stars Napheesa Collier and Breanna Stewart has been backed by Samsung, its official technology and presenting partner. According to a press release, Samsung is providing the league with technologies such as its Galaxy S Series, Z Series smartphones, headphones (Galaxy Buds), tablets featuring Galaxy AI, monitors, and wearables (Galaxy Watch and Galaxy Ring). “We’re a new league,” Unrivaled President Alex Bazzell told AFROTECH™ . “There’s a lot of innovation involved. There’s a lot of unknowns involved, and we’re trying to kind of push the envelope forward and having Samsung be a part of that innovation with what they’re already doing. Obviously, it’s a pretty seamless partnership for us.” Collier’s Most-Used Technology As An Athlete Collier — who was named Unrivaled’s first MVP — said she mostly utilizes the Galaxy Ring,...
Detroit, MI, native Eminem is joining a list of individuals, such as former NBA players Grant Hill and Chris Webber, to bring a WNBA team to the city, according to Sportico. The 15-time Grammy Award-winning rapper — born Marshall Mathers — is part of a group led by Tom Gores and the Detroit Pistons. “This is an exciting opportunity to welcome the WNBA back to Detroit and bring additional investment and economic activity into the city,” Gores said previously, per AFROTECH™. “For the WNBA, this is home, and our bid represents an unprecedented opportunity for the league to come full circle and effect a long-hoped-for Detroit homecoming. No city is more prepared to embrace the team as a community asset that drives unity and common ground.” According to Sportico, the franchise would play at Little Caesars Arena, which cost $863 million to build and is home to the Pistons and Red Wings. As AFROTECH™ previously reported, Michigan’s largest city had a WNBA team called the Detroit Shock from...
Myles Garrett has signed a historic deal to remain with the Cleveland Browns. Garrett joined the league in 2017 as the No. 1 pick in the NFL draft, notes Yahoo Sports. He was chosen by the Cleveland Browns and has remained there for eight seasons. While his achievements include stats such as 352 total tackles in 117 games and securing titles such as first-team All-Pro and Pro Bowl honors multiple times, he has yet to earn a coveted Super Bowl ring. As a result, the defensive end expressed interest in being traded to another team. “It’s not a decision I take lightly,” Garrett told sports commentator Rich Eisen, according to Cleveland.com. “It took time and lots of conversation, but just looking at the trajectory of the team, talking to some of the higher-ups… I have a lot of respect for them, but I just don’t think we’re aligned on where the team is going in the near future. I feel like the window for us as athletes is only so broad and only continues to close as years go by with...
Jayden Daniels is using virtual reality technology to improve his performance on the field. According to Pro Football Network, the Washington Commanders quarterback has discovered a link between technology and football through an advanced VR tool that operates at 1.75 times the normal speed. The technology challenges Daniels with scenarios that unfold faster than he experiences in actual gameplay. “It moves faster within the VR than actual human beings…Once you get out there, everything slows down,” Daniels told The Athletic. “I know this is coming. I’ve seen this before, (and) it moved more than 20 times faster in VR.” Jayden Daniels made VR training a condition for any team drafting him. Now he’s NFL Rookie of the Year and 1 game away from the Super Bowl. His edge? Training his brain at 1.75x speed. The story of the first QB 2.0:🧵 pic.twitter.com/OndJs0Azme — Todd Jacob (@thetoddjacob) January 19, 2025 Daniels reportedly had a VR training requirement for any team that drafted him,...
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...
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...
