Why didn't Dwyane Wade invest in Unrivaled initially?
He had already invested in the WNBA and was not fully aware of Unrivaled's concept and potential at the time.
NBA / Legends
Dwyane Wade, after initially passing on an investment opportunity, has expressed a strong interest in joining Stephen Curry as an investor in the 3-on-3 women's basketball league, Unrivaled. This comes after a successful first season and a...
Dwyane Wade's initial hesitation to invest in Unrivaled stemmed from his prior commitments to the WNBA and a lack of familiarity with the 3-on-3 league. However, the league's rapid growth and impressive viewership numbers, along with Stephen Curry's involvement, have made it a more attractive prospect. Unrivaled's success highlights a growing interest in alternative basketball formats, offering fast-paced action and a focus on individual player skills. The league features short games, that is all about speed, quick plays and instant reaction. Wade, with a business portfolio spanning multiple sports ventures, sees Unrivaled as a valuable addition, aligning with the increasing visibility and investment in women's sports. In a parallel initiative, Ally Financial partnered with Unrivaled and NASCAR, showcasing the car number 48 with a new colorful scheme to promote women's sports. Breanna Stewart, co-founder of Unrivaled is excited and curious about the initiative.
He had already invested in the WNBA and was not fully aware of Unrivaled's concept and potential at the time.
Besides Stephen Curry, investors include Carmelo Anthony, Giannis Antetokounmpo, Coco Gauff, Michael Phelps, Ashton Kutcher, and Mila Kunis.
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