Celebrity News Michael B. Jordan Adds Another Lucrative Investment To His Portfolio With A Deal Worth $218MStacy JacksonJuly 4, 2023July 5, 2023 by Stacy JacksonJuly 4, 2023July 5, 20233278 Black celebrities are raising the stakes when it comes to investing, and Michael B. Jordan's investment in Alpine Racing is the latest move.... Read more
Celebrity News J Cole Turns His Dollar Into A Dream, Becomes Part-Owner Of The Charlotte HornetsStacy JacksonJune 21, 2023June 21, 2023 by Stacy JacksonJune 21, 2023June 21, 20235215 J. Cole is a part of the Charlotte Hornets' buyer group led by Gabe Plotkin and Rick Schnall.... Read more
Business Magic Johnson Included in Ownership Group to Purchase the Washington CommandersStacy JacksonMay 16, 2023May 16, 2023 by Stacy JacksonMay 16, 2023May 16, 2023947 The group still awaits approval from three-quarters of NFL owners, along with other closing conditions.... Read more
Celebrity News Sports Actor Michael B. Jordan Pivots Into Sports, Leads Minority Ownership Group for English Football ClubStacy JacksonDecember 15, 2022December 14, 2022 by Stacy JacksonDecember 15, 2022December 14, 20221140 Michael B. Jordan is officially part of the AFCB family.... Read more
Lifestyle Sports Chris Paul Champions HBCUs and Shares Plans for NBA Team Ownership with Goldman SachsCedric 'BIG CED' ThorntonSeptember 18, 2022September 17, 2022 by Cedric 'BIG CED' ThorntonSeptember 18, 2022September 17, 20221558 His eight-year presidency for the player's union could be an asset.... Read more
Lifestyle News Sports Rev. Al Sharpton Calls for Immediate Removal of Robert Sarver as Owner of the Phoenix SunsBLACK ENTERPRISE EditorsSeptember 15, 2022September 15, 2022 by BLACK ENTERPRISE EditorsSeptember 15, 2022September 15, 20223894 Rev. Sharpton says, Sarver's one-year suspension "is a band-aid on a tumor."... Read more
Leadership Lifestyle News Sports Condoleezza Rice Joins Denver Broncos Ownership, Making Two Black Female Owners in NFLCedric 'BIG CED' ThorntonJuly 12, 2022July 12, 2022 by Cedric 'BIG CED' ThorntonJuly 12, 2022July 12, 20223649 Former Secretary of State Condoleezza Rice joins as part owner of the Denver Broncos after the new ownership group welcomed Mellody Hobson.... Read more
Celebrity News Lifestyle Men Sports Magic Johnson Joins 76ers Owner Josh Harris in Bid to Buy the NFL’s Denver BroncosCedric 'BIG CED' ThorntonMay 9, 2022May 9, 2022 by Cedric 'BIG CED' ThorntonMay 9, 2022May 9, 20224757 Shooting his shot! Magic Johnson joins in a bid to buy the Denver Broncos.... Read more
Sports Women Tennis Phenom Naomi Osaka Becomes Part Owner in National Women’s Soccer League’s North Carolina CourageCedric 'BIG CED' ThorntonJanuary 29, 2021January 29, 2021 by Cedric 'BIG CED' ThorntonJanuary 29, 2021January 29, 20212395 North Carolina Courage has announced that Osaka is the first investor in the Courage since owner Steve Malik acquired and relocated the team... Read more
News Sports Real Estate Developer Becomes Only Black Majority Owner In Professional BaseballDerek MajorAugust 21, 2020August 21, 2020 by Derek MajorAugust 21, 2020August 21, 20208871 The CEO of a real estate and development company headquartered in Maryland, has become the only Black majority owner of a professional baseball team... Read more