Memphis Grizzlies co-owner and vice chairman Stephen Kaplan increased his stake in Immortals on Wednesday, marking the third major move by an NBA team owner in esports this week. Kaplan, who was already among a long list of investors highlighted by Machine Shop Ventures, will also join the company’s board. “We’re grateful for Steve’s continued support of the Immortals organization, and look forward to working with him on scaling up the esports industry,” Immortals CEO Noah Whinston told ESPN.com.
The news of Kaplan’s increased investment and responsibility comes on the heels of the Philadelphia 76ers acquiring Dignitas and Apex and Golden State Warriors co-owner Peter Guber purchasing a controlling interest in Team Liquid on Monday and Tuesday, respectively.
Conell Christiansen: Kristaps Porzingis getting a shoe deal anytime soon? – Nick DePaula: Kristaps Porzingis’ current shoe deal expires this October 1st. He’s one of the top shoe free agents brands have been after this fall.
Mark Cuban: 1) I’m proud of the fact that for each of the companies I sold, I share the proceeds with my employees. I’ve made more than 300 millionaires. 2) Has Trump rewarded any employees when he has succeeded ? All those supposed billions. Has he made a single employee a millionaire? 3) Has Trump offered a single proposal to reduce the friction of starting a business. @HillaryClinton has http://hrc.io/2aohOQU