• Loading stock data...
Monday, June 23, 2025

Iguodala To Run $200M Fund After Retiring From NBA

  • Andre Iguodala has retired from the NBA after playing for 19 seasons.
  • The 2015 NBA Finals MVP is getting into venture capital full-time.
Darren Yamashita-USA TODAY Sports

Four-time NBA champion Andre Iguodala is retiring from professional basketball, but will immediately launch his next career in venture capital. 

After playing 19 seasons and winning the 2015 NBA Finals MVP award, the 39-year-old will run a $200 million venture capital fund with longtime business partner Rudy Cline-Thomas.

Cline-Thomas, a minority owner and vice chairman of English soccer club Leeds United, is the founder of alternative asset manager MASTRY, which is rebranding as Mosaic General Partnership. The fund’s new website lists Iguodala and Cline-Thomas as two of five co-founders and managing partners.

Mosaic’s public portfolio includes NFL agency Athletes First, athlete wellness app Players Health, and live sports operating system Jump. The firm will now focus on seed- and early-stage investments in sports companies, enterprise software, and fintech health care.

Iguodala also just added a minority ownership stake in the San Francisco TGL team to his portfolio, which also includes investments in Leeds United and Bay FC, the expansion NWSL club set to launch in 2024.

Follow The Money

Iguodala’s move follows a recent trend of current and former professional athletes becoming more active investors. Kansas City Chiefs stars Patrick Mahomes and Travis Kelce were just part of a group that bought into the Alpine Formula 1 team. 

Meanwhile, Goldman Sachs has created a new division called Sports Franchise in Investment Banking that will offer their clients the ability to buy into pro teams.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Thunder Win NBA Finals Behind Young, Deep, and Cheap Roster

The Thunder’s young and cheap roster won its first title Sunday.

Pacers Lose Haliburton in NBA Finals—and Possibly for a Season

Haliburton entered the game with a right calf strain he played Game 6 with.

Kevin Durant Traded to Houston in Blockbuster Deal

Houston was one of Durant’s preferred destinations.
exclusive

Lakers Reporter Dan Woike Leaves LA Times for The Athletic

Woike had been at the L.A. Times for eight years.

Featured Today

Mar 15, 2025; Fort Worth, TX, USA; UAB Blazers forward Yaxel Lendeborg (3) dribbles the ball upcourt against the North Texas Mean Green during the first half at Dickies Arena

NIL Is Shrinking the Pool of NBA Draft Entrants

Agents are now advising many players to stay in school.
Apr 24, 2025; Green Bay, WI, USA; Penn State Nittany Lions defensive end Abdul Carter on the red carpet before the 2025 NFL Draft at Lambeau Field
June 21, 2025

‘More Is More’: The Elite Luxury Jewelers Decking Out Athletes

Meet the elite group of luxury designers crafting the biggest statement pieces.
Dec 5, 2024; Miami, FL, USA; FIFA president Gianni Infantino presents the FIFA Club World Cup trophy during the Club Word Cup draw at Telemundo Studios.
June 15, 2025

Revamped Club World Cup Is FIFA’s Billion-Dollar Gamble

The revamped soccer event debuts amid controversy.
Jun 10, 2025; Nashville, Tennessee, USA; United States head coach Mauricio Pochettino stands during the anthem against the Switzerland during the first at Geodis Park
June 14, 2025

Gold Cup Is Complicated for USMNT—but U.S. Soccer Has Its Eyes on..

Uncertain tournament success isn’t fazing forward-looking U.S. soccer.
Jun 19, 2025; Indianapolis, Indiana, USA; Oklahoma City Thunder forward Chet Holmgren (7) shoots the ball against Indiana Pacers center Tony Bradley (13) during the first half of game six of the 2025 NBA Finals between the Oklahoma City Thunder and the Indiana Pacers at Gainbridge Fieldhouse.

Pacers’ Tony Bradley Has Made Just $330K This Year Despite Finals Run

Bradley was signed by the Pacers on March 2 to a 10-day contract.
June 20, 2025

Hockey’s Best Player Enters Contract Year Noncommittal About Future

The superstar becomes a free agent next year absent a contract extension.
Mar 12, 2025; Indianapolis, IN, USA; Rutgers Scarlet Knights guard Ace Bailey (4) shoots the ball while USC Trojans guard Kevin Patton Jr. (8) defends in the second half at Gainbridge Fieldhouse.
June 20, 2025

Ace Bailey Cancels Sixers Workout a Week Before NBA Draft

The former Rutgers star is a projected top-three pick in Wednesday’s draft.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

Ted Leonsis unpacks basketball’s global rise, media rights, and portfolio ownership.
A pack of runners during the 129th running of the Boston Marathon at Heartbreak Hill in Newton, April 21, 2025.
June 18, 2025

Boston Marathon Qualifying Changes Target Downhill Racing Company

A new rule will apply time penalties to downhill races starting in 2027.
Noah Lyles
June 17, 2025

Tyreek Hill–Noah Lyles Race Is Off for ‘Personal Reasons’

Lyles and Hill agreed to a race in February with few concrete details.
June 17, 2025

Ja Morant Calls Out Stephen A. Smith After Memphis Claims

Smith made comments about the city on ESPN’s “First Take” Tuesday.
Sylvia Fowles
June 17, 2025

Sylvia Fowles’s Life After Hall of Fame Career

Fowles is considering a return to basketball.