Archive for the ‘Business’ Category

Trevor Lawrence partners with Blockfolio, will have signing bonus placed into cryptocurrency account

Monday, April 26th, 2021

Trevor Lawrence, the presumptive No. 1 pick in the 2021 NFL draft by the Jaguars, will have his signing bonus placed into a cryptocurrency account.

Breaking News, Latest News and Videos

Monday, April 19th, 2021

Source: CNN Attorneys for Deshaun Watson said in a court filing Monday that 22 lawsuits filed by women are either inaccurate or mischaracterize their interactions with the NFL star quarterback. "Mr. Watson has been adamant that he did not engage in any improper conduct and we strongly believe him," attorney Rusty Hardin said in a statement.

Malcolm Jenkins is Defining the Modern Business Athlete

Friday, April 16th, 2021

BROAD STREET VENTURES New Orleans Saints veteran safety Malcolm Jenkins founded Broad Street Ventures (BSV), the venture capital fund he co-founded in 2020. BSV has several NFL players, including Duron Harmon, Jacoby Brisset, Devin and Jason McCourty, Rodney McLeod, and Jordan Matthews. The professional athletes joined Jenkins to create the investment venture funded by Black and Brown investors.

Odell Beckham Jr. Jumps Into SPAC Surge

Thursday, March 25th, 2021

The NFL wide receiver has signed on to be a strategic adviser to a special-purpose acquisition company sponsored by Tribe Capital Management, according to people familiar with the matter.

Second lawsuit filed, lawyer claims six total claims are coming against Deshaun Watson

Wednesday, March 17th, 2021

Third lawsuit of now six to be filed, against Deshaun Watson, alleging assault,” Buzbee said on Instagram. This one is the most egregious, to date. Again, I won’t share details here, but we have open courts in our Texas Constitution, meaning all lawsuits are public record.

Patrick Mahomes, Justin Verlander And Naomi Osaka Join Forces On New SPAC

Monday, March 8th, 2021

The number of special purpose acquisition companies, or SPACs, searching for targets continues to rise. Celebrities and athletes continue to be attached to many of the SPACs going public. On Monday, a new SPAC was announced with a full panel of athletes joining the market. The SPAC: Disruptive Acquisition Corp I (NASDAQ:DISAU) is offering 25 million units to raise $250 million. The units will include one third of a warrant. Units will trade as "DISAU" on the Nasdaq and common shares will trade as DISA in 52 days from the filing. Alexander J. Davis is the CEO of the SPAC. He's the founder and CEO of Disruptive, a merchant bank that makes investments in late-stage private technology companies. Disruptive invested in Spotify Technology (NYSE: SPOT), Pinterest Inc (NYSE: PINS), Palantir Technologies (NYSE: PLTR) and Hims & Hers Inc (NYSE: HIMS) before they went public. Former professional tennis players Mardy Fish and James Blake are members of the SPAC. Fish is the VP of Business Development. Fish retired in 2015 with 14 career ATP titles. Blake retired in 2013 and was the number one tennis player in America and number four in the world at the peak of his career. Along with athletes, Karen Finerman is a Director nominee for Disruptive Acquisition Corp. Finerman is a well-known name in the finance world as a panelist on "Fast Money" since the CNBC show’s debut in 2007. Related Link: 6 Sports SPACs To Consider For Your Investing Playbook Athlete Advisory Council: The SPAC includes an Athlete Advisory Council made up of five members who meet monthly. The goal of the council is to be able to provide significant customer engagement and outreach with their fan bases and social media accounts. The members of the Athlete Advisory Council will have a vested interest in the SPAC. The Athlete Advisory Council includes the following five members right now: Justin Verlander: MLB pitcher for the Houston Astros, 2017 World Series champion, two-time Cy Young winner Canelo Alvarez: World’s best active pound for pound boxer in many rankings, 54 wins in 57 fights Patrick Mahomes: Quarterback for the Kansas City Chiefs, Super Bowl LIV MVP, 2018 NFL MVP Naomi Osaka: has won four Grand Slams and has been ranked number one worldwide in women’s tennis Robert Lewandowski: soccer player from Poland, has won six league titles and a Champion’s League with Bayern Munich, a German soccer club The members of the council could become brand ambassadors for a target company, according to the filing. Target Market: The SPAC full of sports stars is targeting the health and wellness, entertainment, consumer facing technology sector and sports and entertainment sectors. The SPAC is searching for a late-stage business with meaningful revenue growth and profitability or a plan to hit profits in the near term. See more from BenzingaClick here for options trades from BenzingaWhy The DraftKings CEO Expects More States To Legalize Sports BettingPayPal's Crypto Segment Gets A Boost, Announces Acquisition of Curv© 2021 Benzinga does not provide investment advice. All rights reserved.

COVID real estate: Commercial property rebound depends on tech demand

Wednesday, February 24th, 2021

The outlook for commercial real estate in Silicon Valley remains “hazy” for the moment due to ongoing economic setbacks and uncertainties that the coronavirus has unleashed, Colliers International reported Wednesday. One possible bright spot in the dark and forbidding economic landscape created by the coronavirus: a surge in venture capital funding for startups and a boom in initial public offerings by up-and-coming tech companies.

Columbus couple use setbacks from pandemic as motivators to start new snow removal business

Monday, February 15th, 2021

Dominique and Allyn Latham, from Columbus, are working together to make up for losses thanks to the pandemic, one sidewalk, driveway or parking lot at a time. They’ve been married for two years and the past few months have been tough for them. Just like the rest of the world, they’ve experienced many changes because of the pandemic.

Former Vikings RB Adrian Peterson owes $8.3 million to loan company

Saturday, January 16th, 2021

The former Vikings running back has been ordered to pay a Pennsylvania loan company $8.3 million, per ESPN.

Report: Adrian Peterson ordered to pay $8.3 million after defaulting on loan

Thursday, January 14th, 2021

Peterson reportedly had no one representing him in court.