• Loading stock data...
Friday, March 6, 2026

Carmelo Anthony, Former WWE Co-Presidents Launch Sports Fund

  • The firm hopes to provide between $50-$100 million per investment to a global list of sports entities.
  • It will also donate 1% of profits “to support underrepresented populations and underserved communities.”
Kyle Terada-USA TODAY Sports

There’s a new sports investment firm on the block.

Former WWE co-presidents George Barrios and Michelle Wilson, partnering with 10-time NBA All-Star Carmelo Anthony, announced they will launch a firm called Isos7 Sports Investments.

“We have a shared vision for how a new wave of diverse investors will identify global growth opportunities and impact the marketplace,” said Barrios and Wilson.

Of the $750 million of expected fresh capital, the firm hopes to provide between $50-$100 million per investment to a global list of sports entities, from leagues to teams.

The firm will also donate 1% of profits “to support underrepresented populations and underserved communities.”

Barrios and Wilson previously founded Isos Capital Management.

Lebron James reflects on breaking NBA scoring record.

LeBron James Record Spurs Historic NBA Night on TV, Online

The league’s social and digital platforms generated 225 million video views.
February 9, 2023

A Seasoned Pro

Anthony is no stranger to investing.

He co-founded a company called Melo7 Tech Partners with media bigwig Stuart Goldfarb in 2014. Major sports companies from Overtime to DraftKings have benefited from the company’s capital.

“I’m excited to build on my experiences as an athlete, entrepreneur, and investor, and move to the next level of league and team ownership opportunities globally,” Anthony said of the new venture.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Alex Lasry speaking with Front Office Sports

Alex Lasry: NBA Europe Could Have Soccer-Like Impact on Basketball

Lasry’s family owned the Milwaukee Bucks from 2013 to 2023.
Oct 16, 2025; Salt Lake City, Utah, USA; Portland Trail Blazers head coach Chauncey Billups gives instructions to his team during the first half against the Utah Jazz at Delta Center. Mandatory Credit: Peter Creveling-Imagn Images

Judge Targets November Trial in Chauncey Billups Case

Billups was arrested in October as part of a federal gambling probe.
Aug 25, 2025; Cleveland, Ohio, USA; A general view of Progressive Field in the seventh inning of a game between the Cleveland Guardians and the Tampa Bay Rays.

Ohio Gold Rush: Several Pro Teams Jockey for $400M in Funds

Nearly every Ohio pro team has applied for public aid for venue renovations.
Mar 3, 2026; Philadelphia, Pennsylvania, USA; Sportscaster Bob Costas before a game between the Philadelphia 76ers and the San Antonio Spurs at Xfinity Mobile Arena. Mandatory Credit: Bill Streicher-Imagn Images

NBC Wants to Make NBA ‘Throwback’ Game Annual Event

NBC’s nostalgic ’90s-themed broadcast of Spurs-76ers on Tuesday was a big hit.

Featured Today

Mark DeRosa Is Still Baseball’s Swiss Army Knife

DeRosa is the sport’s utility player both on the field and off.
Nicole Silveira
March 3, 2026

The Tattoo Marking Membership in the Most Exclusive Club in Sports

For athletes, the Olympic rings tattoo is “about everything it took.”
Dec 25, 2025; Denver, Colorado, USA; Denver Nuggets forward Spencer Jones (21) reacts against the Minnesota Timberwolves during the second half at Ball Arena.
March 1, 2026

Young Athletes Have Entered Their LinkedIn Era

Athletes can’t play forever. Some are laying the groundwork for Act 2.
[Subscription Customers Only] Jun 15, 2025; Seattle, Washington, USA; Botafogo owner John Textor inside the stadium before the match during a group stage match of the 2025 FIFA Club World Cup at Lumen Field.
February 27, 2026

The American Sports Owners Feuding Over a French Soccer Team

John Textor is at odds with Michele Kang and investment giant Ares.

Bay FC Founder: Angel City Showed Perils of Celebrity Ownership

“We don’t have 10 celebrities on our team.” 
Dec 28, 2025; Cleveland, Ohio, USA; Pittsburgh Steelers quarterback Aaron Rodgers (8) looks on after the game against the Cleveland Browns at Huntington Bank Field.
March 5, 2026

Aaron Rodgers: No ‘Progressive Conversations’ with Steelers

The four-time NFL MVP again is coy about his professional future.
exclusive
March 5, 2026

WNBA Union Director Blames Player Rupture on League

The WNBPA’s unified front has begun to crack. 
Sponsored

From USWNT Star to NWSL Franchise Founder

Leslie Osborne, former USWNT midfielder, shares how athletes are moving from the pitch to the ownership table.
March 4, 2026

Neal Shipley: From Playing With Tiger to PGA Tour Growing Pains

Shipley tells FOS he’s embracing his first year of PGA Tour membership.
March 4, 2026

Indian Wells $200K Opener Shows Tennis Is All-In on Mixed Doubles 

The event drew 7,100 fans the night before the main draw.
March 3, 2026

Hawks Stand By ‘Magic City Monday’ Promotion

Al Horford and Luke Kornet criticized the strip club-themed night.
Jeffrey Epstein and Ghislaine Maxwell
February 27, 2026

Jeffrey Epstein Was Funding Maryland Girls Club Soccer Powerhouse

The team website thanked Epstein and Ghislaine Maxwell for their mid-2000s donations.