The NBA’s equity portfolio is now approaching nearly 20 companies, with a total value of nearly $1 billion, with roughly half of those deals coming over the last year.
According to David Haber, the NBA’s chief financial officer. the league has been active in surveying the market for new opportunities and is in constant communication with startups.
The NBA has met with venture capital companies to inform them that the league’s equity arm exists.
Six months ago, the NBA hired an executive with an extensive history of creating and fueling new startup companies.
Last December, the NBA board of governors approved a new team within the league office, one that sought out investments in outside companies. This investment arm, NBA Equity, is an expansion of an already-existing operation but has accelerated the league’s interests.


Trump Booed at Club World Cup Final, Praises Pele as Soccer’s GOAT
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data
Trump Plans UFC Event at White House for America’s 250th Anniversary
Apple Eyes U.S. Formula 1 Broadcast Rights in Major Sports Streaming Push
What makes a good football coach? The reality behind the myths
Why the Australian Open’s online tennis coverage looks like a Wii sports game
How did sport become so popular? The ancient history of a modern obsession
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
NBA Returns to China with Alibaba Partnership and Historic Macau Games
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 



