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National Basketball Association (NBA) ace Stephen Curry and Marc Lasry’s Avenue Sports Fund are main a bunch that has acquired the San Francisco workforce in TMRW Sports’ tech-focused TGL golf enterprise.
Confirmed:
- Additional buyers embody NBA stars Klay Thompson and Andre Iguodala
- Investment in TGL San Francisco is among the first to be made by Avenue Sports Fund
- TGL additionally brings in Fanatics as official operator for the league and particular person groups’ ecommerce platforms
- Fanatics additionally beneficial properties the rights to design and manufacture TGL and workforce merchandise as an official licensee
Context:
This is the fifth possession group to be introduced by TGL, becoming a member of Arthur Blank’s Atlanta Drive GC, Fenway Sports Group’s (FSG) Boston franchise, and the New York workforce led by Steve Cohen. Investors in Los Angeles Golf Club embody Serena Williams, her husband and Reddit co-founder Alexis Ohanian, and Venus Williams, in addition to two-time NBA MVP Giannis Antetokounmpo, 2014 US Women’s Open golf champion Michelle Wie West and US ladies’s soccer icon Alex Morgan.
The sixth TGL workforce proprietor is but to be confirmed.
Comment:
“Avenue is thrilled to be working with Stephen Curry, in partnership with TMRW Sports as a founding TGL team,” mentioned Lasry.
“Our possession group is happy to grow to be stewards of TGL San Francisco and to characterize Northern California, which is the centre of tech innovation and is an ideal location for a TGL workforce on this extraordinary new sports activities league.
“As we move towards the launch of TGL’s inaugural season in January 2024, TGL San Francisco will be focused on developing an extraordinary team of talented players and we are excited to have Andre and Klay as part of our amazing ownership group.”
Coming subsequent:
The first TGL occasion will happen on ninth January in a purpose-built facility at Palm Beach State College, Florida.
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