Giannis Antetokounmpo is in the news just days after he joked he could one day join Ronaldo and other footballers like Neymar to play in the Middle East. Has embarked on a new business venture, following Michael Jordan’s passions. This move comes just days after the ‘Greek Freak’s notable reflection on Cristiano Ronaldo’s footsteps, highlighting his interest in joining Ronaldo in Saudi Arabia.
However, emulating Jordan’s entrepreneurial spirit, Giannis Antetokounmpo aims to further diversify his portfolio and solidify his presence beyond the basketball court. This move is also evidence of Giannis’s preparation for life when he finally retires from the game.
Giannis announces LAGC investment
Giannis Antetokounmpo has a $77 million net worth. Giannis led his Bucks side to their first NBA championship in 2021. He has shown how business-minded he is as an NBA Icon. He seems to emulate NBA legend Michael Jordan who bought Charlotte Bobcats for an estimated $275 million in 2010, including shares in DraftKings, among many other businesses he has invested in.
Giannis Antetokounmpo however has taken over the social media space when a report of his latest acquisition shares in Los Angeles Golf Club was made public. The Milwaukee Bucks superstar is investing in one of 6 teams set to play in Tiger Woods and Rory McIlroy‘s startup TGL golf league, which will start in January. Antetokounmpo’s brothers Thanasis, Kostas, and Alex will alongside be part of the investment.
We want to make golf our own and for everybody 💪🏾💪🏾🏌🏾♂️@Thanasis_ante43, @Kostas_ante13, @alex_ante29 and I are excited to announce our involvement as investors in @WeAreLAGC – the inaugural team of @TGL. We couldn’t be more excited to shape the future of this sport 🙌🏾 pic.twitter.com/mxaZZ7Mo4k
— Giannis Antetokounmpo (@Giannis_An34) August 29, 2023
Giannis in his X, formerly Twitter, posted “We want to make golf our own and for everybody” “@Thanasis_ante43, @Kostas_ante13, @alex_ante29 and I are excited to announce our involvement as investors in @WeAreLAGC – the inaugural team of @TGL. We couldn’t be more excited to shape the future of this sport.” The brothers’ partnering with Giannis reflects the lifestyle of a family that is willing to invest in the development of other sports not just the NBA.
Bucks star owns stakes at MLS club Nashville FC
The Milwaukee Bucks’ ace Antetokoumpo owns stakes at MLS club Nashville FC as well. His journey as a stakeholder began officially when Nashville FC made the announcement On March 2, 2023. Giannis Antetokounmpo and his 3 brothers, and Nashville Predators’ forward, Filip Forsberg, have newly joined the roster of esteemed investors for the team. According to reports, they form part of a fresh group of minority investors who have purchased the ownership at Nashville SC. Regardless, the precise amount invested remains undisclosed.
Thanasis Antetokounmpo told ESPN over a Zoom call, “[Nashville] seems like a special place; there’s so much that’s up-and-coming.”
“And we kind of had the same journey as well. Like, we’ve really fought to be in the big leagues, to be there, to be acknowledged, and somebody came and gave us an opportunity”, he continued. “And at the same time, for us to not only give the sport of soccer an opportunity to grow but [be known] overseas as well.”
Antetokounmpo further urged his new entrepreneurial move roots from an ardent love for Nashville. “I want people globally to know about Nashville and see the soccer team. So it’s a thing for us. It’s big.”, he stated. This shows Giannis Antetokounmpo’s versatility as a professional and great passion for becoming an entrepreneur.
