Investment

Basketball star Kevin Durant’s venture capital firm has invested in the Premier Lacrosse League.

Brooklyn-bred mogul Jay-Z has invested in a Black-led finance app.

Tennis phenom Naomi Osaka is launching her own sports agency.

NBA star Kevin Durant has acquired an ownership stake in a professional women’s soccer team.

Tennessee Titans running back Derrick Henry is now part-owner of Major League Soccer’s Nashville SC team.

An initiative designed to empower developers of color to use real estate as a means for community impact is coming to Dallas.

Gabrielle Union and her daughter Kaavia James Union Wade are now part-owners of the Angel City FC professional women’s soccer team.

Thanks to a smart early investment in the sports drink Bodyarmor, the late Kobe Bryant has given his estate a multimillion-dollar monster payday after Coca-Cola recently acquired full ownership of the company in a $5.6 billion cash deal.

NBA champion Giannis Antetokounmpo acquired an ownership stake in the Milwaukee Brewers.

The Black-led VC firm Harlem Capital has raised $134 million to invest in diverse entrepreneurs.

Killer Mike and Ryan Glover’s digital banking platform Greenwood has secured $40 million in funding.

Diddy has invested in a platform designed to highlight beauty brands created by Black and brown founders.