HoopsHype Jamal Mashburn rumors

March 29, 2014 Updates

Former NBA player Jamal Mashburn is teaming up with veteran ad man Jonathan Sackett to open a new advertising agency in Chicago. The duo hope to take advantage of marketers’ growing interest in smaller agencies that can more nimbly respond to changes underway in the media landscape, such as the rise of social media. “Many of the big agencies can’t turn around on a dime,” said Mr. Sackett, who will be chief executive of Mashburn Sackett. Mr. Sackett, 44-years old, was most recently a senior partner at WPP’s Ogilvy & Mather. North Dallas Gazette

September 11, 2013 Updates
January 18, 2013 Updates

Former NBA basketball player Jamal Mashburn has become an investor in Spokane-based FairBridge Hotels International. The company, formed three years ago in Spokane, has developed a network of 24 branded hotels in the United States and Canada. Among other services, the company arranges loans for independent hotel owners to improve their buildings and for rebranding. The amount of Mashburn’s investment was not disclosed, but the company said in a news release that he would join its board of directors. Mashburn, a resident of Miami, has been an active business owner and investor since retiring from the NBA in 2006 due to injuries. Spokesman-Review

January 15, 2013 Updates

Highly successful entrepreneur and retired NBA professional Jamal Mashburn is expanding his entrepreneurial interests yet again. Mashburn Enterprises LLC in partnership with the investment firm Dema Holdings of Miami Beach, FL, announces today it has recently acquired an undisclosed stake in the privately held FairBridge Hotels International (FHI), a hospitality services firm based in Spokane, Washington. This foray into the hospitality industry is a new venture for Mashburn Enterprises. Mashburn currently has ownership and vested interests in numerous restaurant franchises (38 Outback Steakhouse restaurants, 32 Papa John's pizza restaurants, and three Dunkin Donuts stores), car dealerships (owner of Kentucky's Toyota on Nicholasville and Lexus Store of Lexington), real estate, and the thoroughbred horse racing industry. Virtual-Strategy Magazine

October 3, 2012 Updates
January 8, 2012 Updates

However, Mashburn still misses the game and is considering buying a team. The league-managed New Orleans Hornets appear to be an ideal opportunity for Mashburn, who has talked with league commissioner David Stern several times while putting together a group to purchase the franchise. "I can be an asset to a team as an owner, not only for my ability to scout talent, but also understand the business side of things. The first all-star of the Hornets comes back to buy the team, it's going to be a great story," Mashburn said. China Daily

Retired NBA superstar Jamal Mashburn has been accused of causing a nasty car accident that left two people badly injured ... but Mash says the other driver shouldn't have been DRIVING WHILE USING A CELL PHONE!!! The ESPN commentator has been sued in Florida over an accident that occurred back in February ... and one of the alleged victims claims she was physically scarred and disfigured as a result. TMZ.com

But Mashburn is fighting back -- and in court docs obtained by TMZ, he denies responsibility and points the finger at his accusers ... who he says were NOT following common safety rules of the road. In the docs, Mashburn claims both people were NOT wearing seatbelts at the time of the crash ... and alleges the driver was using a cell phone. TMZ.com

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