The NBA has created a new private equity division primarily focused on early-stage funding rounds in equipment, media, fan engagement, betting, and fantasy sports.
The division could also look to invest in later-stage deals if there is a strategic alignment.
The NBA is moving away from passive, opportunistic investments in favor of a more formal operation that will boost the value of its portfolio and identify innovations to improve basketball.
The NBA has nearly 20 companies in its portfolio, including investments in major firms like data provider Sportradar, blockchain fantasy game specialist Sorare and apparel firm New Era.,with stakes totaling US$1 billion.
The 2022 intake focused on ankle injury innovation, elite youth player performance, referee training and development, and youth health and wellness.


Gold Price Rebounds as U.S.-Iran Tensions and Fed Minutes Keep Markets on Edge
Goldman AM Sees Strong Buyout Opportunities in Japan, South Korea and Australia
Iran Targets U.S. Bases in Bahrain, Kuwait as Hormuz Conflict Escalates and Oil Prices Jump
Japan Wholesale Inflation Jumps as Energy Shock Drives Import Costs Higher
Marco Rubio Says U.S. Will Block IRGC-Linked Individuals From Iran World Cup Delegation
Oil Prices Rise as U.S.-Iran Conflict Fuels Strait of Hormuz Supply Fears
AstraZeneca Shares Sink After Wainua Trial Misses Key Heart Disease Goal
Chinese Chip Stocks Jump as Apple Reportedly Tests CXMT Memory Chips for China Devices
Gold Prices Slip as Stronger Dollar, Fed Rate Outlook Weigh on Bullion
FIFA Faces Investigation Over 2026 World Cup Ticket Pricing and Seat Allocation Issues
Trump Plans New Executive Order to Address Rising NIL Costs in College Sports
JD Vance to Lead U.S. Presidential Delegation at Milano Cortina Winter Olympics Opening Ceremony
Trump Urges Hall of Fame Induction for Roger Clemens Amid Renewed Debate
Samsung Chairman Lee Jae-yong Expected to Meet Nvidia CEO Jensen Huang on AI and Chip Partnership
DOJ Launches Antitrust Investigation Into the NFL Over Broadcast Restrictions
Germany Seen Gaining as U.S. China-Built Ship Fees Reshape Trade 



