“Collaboration of the Century” Mark Cuban and Michael Jordan joined forces to turn their $44 Million into staggering $8 Billion


“Collaboration of the Century” Mark Cuban and Michael Jordan joined forces to turn their $44 Million into staggering $8 Billion

Mark Cuban and Michael Jordan

Michael Jordan was only the highest paid athlete in the league in two out of the 15 seasons he was a part of it. So, how exactly has he been able to make his net worth past $500 Million as of 2022? The answer simply lies in the off-court investments, business ventures and collabs His Airness has done to become of the most successful athletes ever witness by sports fanatics. 

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On the other hand, Dallas Mavericks owner Mark Cuban is one of the most successful entrepreneurs/investors around the globe. So, what happened with the most iconic business man joined forces with the GOAT of NBA, Michael Jordan? 

Mark Cuban
Mark Cuban

Well, these two spoken off gentleman joined forces to invest in a sports media company called Sportradar back in 2015. The duo put in vast majority of the $44 Million funding. Escalating the timeline, both these personnel are on the verge of expecting a massive payday. 

Michael Jordan
Michael Jordan

Michael Jordan turning into highly successful business-maestro 

Now to those who are not aware about Mark Cuban, the self-made billionaire who appears on Shark Tank, he is a tech-savvy entrepreneur, it made sense that he was part of a data company like Sportradar. However, with this investment of the Bulls legend Michael Jordan many assumed he must be just broadening his portfolio.  

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Michael Jordan
Michael Jordan

Regardless of that fact Jordan came alongside Mavs owner in a $44 million funding round for Sportradar back in 2015. At the time, the company had already agreed to partnerships with the NFL and NHL, and various fantasy sports enterprises. 

Fast forward to the present year, the particular investment has aged like fine wine. At a point, the firm was even valued at $4 billion. However, it nearly doubled when the company went public back in 2021. Following its IPO, Sportsradar is now worth a whopping $8 billion! 

While exact figures haven’t been released of how much Michael Jordan and Mark Cuban receive from the investment, it’s safe to say they’ve earned themselves a huge payday. Furthermore, NBA fans are going to deem this as the greatest collaboration of the century. As surely this duo let everyone know how to invest their hard-earned money, making it profitable than ever before.

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