Blazers' Carmelo Anthony invests in Overtime Elite, a startup ... Sports media and entertainment startup Overtime raised $80 million in Series C funding — from a diverse investor group that includes Amazon mega-billionaire Jeff Bezos, Drake and more than tw… Teen hoops players are paid $100K salaries. The goal? A new path to the NBA Among the investors in this round include Lonzo Ball as one of 25 current or former NBA players, joined by Trae Young, Devin Booker, Klay Thompson, Pau Gasol and Chiney Ogwumike, WNBA All-Star and commentator. . This will include guaranteeing salaries for all OTE athletes, hiring a dedicated staff of more than 80 league employees, and making other investments critical to launching a new league. Series C funding brings total amount raised by Overtime to US$140 million Portion of fresh capital to go towards guaranteeing player salaries and hiring more than 80 league employees for Overtime. Overtime Elite lands Gatorade as first brand partner Sports-media startup Overtime has raised $80 million from investors including Amazon founder Jeff Bezos, rapper Drake, and Reddit cofounder Alexis Ohanian, The Wall Street Journal recently reported. Even Kobe Bryant realized this new high school sports venture had local ... Inside the New Basketball League Paying High Schoolers Six-Figure Salaries The company will use a portion of the. Brooklyn-based sports startup Overtime has raised $80 million in Series C funding from investors including Bezos Expeditions (the personal investment company of Jeff Bezos), Drake and more than 25 . A new upstart basketball . AP. Overtime Secures $80 Million From Drake, Jeff Bezos, NBA Stars Overtime Elite Pro Basketball League to Launch in September, Pay HS ... Investors in Overtime Elite include Jeff Bezos, Drake and Trae Young. Overtime's development league to commence inaugural season on 29th October. Overtime Elite (OTE) will pay top high school ballers $100,000, provide health benefits, allow athletes to profit off their name, image and likeness, and give players equity in . Overtime Elite aims to address each of these while providing elite prospects with another pathway to professional basketball. The league will . . What is Overtime Elite? New league offers high school basketball stars ... Team Elite is Crowned Overtime Elite Season 2022 CHAMPIONS! Overtime raised $80 million in a Series C with investors including Bezos Expeditions, Drake and NBA stars including Devin Booker, Trae Young and Klay Thompson. Overtime Elite was formed through its sports media company, Overtime, and investors that include NBA players Kevin Durant, Trae Young, Devin Booker and Klay Thompson. Dominick Barlow, F, Overtime Elite MarJon Beauchamp, G/F, G League Ignite Dyson Daniels, G, G League Ignite Henri Drell, G/F, Windy City Bulls Michael Foster, F, G League Ignite Jaden Hardy, G, G League Ignite Makur Maker, C, Sydney Kings (formerly Howard Bison) Jean Montero, G, Overtime Elite The Overtime Series C Funding round speaks to the growth of the company since it was founded in 2016. Overtime will offer each athlete, as young as 16, a minimum . Overtime Elite has grown in six years from the brainchild of former tech, education and sports media executives to a multimedia conglomerate that received $80 million in funding … Job Description Usatoday.com . After Successful Inaugural Season, Overtime Elite Wants To Keep Forging ... The company, funded to the tune of an $80 million Series C round by investors like Amazon founder Jeff Bezos, entertainer Drake and 25 NBA players including the Atlanta . Overtime Sports Startup Raises Fresh Funds From Jeff Bezos ... - Yahoo A direct-instruction model led by certified . Overtime, a sports media and marketing company with a professed 50 million social followers, has picked Atlanta as the permanent home for a high-level teen basketball league that will recruit talent from all over the world.. The G-League and Overtime Elite add players: What does it mean for ... Launched in 2018, OVERTIME covers the country with dual headquarters of New York and Los Angeles. Inside Overtime Elite, the start-up that's disrupting the basketball ... What Is the Overtime Elite Basketball League? - MSN Many high-profile investors such as Jeff Bezos and Drake invest in Overtime Overtime Elite putting headquarters in Atlantic Station - Atlanta ... Digital sports media startup Overtime has raised $23 million in a Series B round of funding led by Spark Capital.. By April, Overtime had armed itself with another $80 million from investors. Overtime Elite Basketball Cards Put Topps Back in Hoops Market Popular American sports media brand, Overtime has secured $80 million in a Series C Funding . Investors include Amazon CEO Jeff Bezos, music star Drake, and more than 25 NBA players, including Trae Young, Devin Booker, Klay Thompson, Zach LaVine, Lonzo Ball, De'Aaron Fox, Aaron Gordon, Andrew Wiggins, and Kyle Lowry. Overtime Elite commissioner announces he is stepping down - Atlanta ... Jeff Bezos, Drake and NBA stars invest in Overtime's US$80m ... - SportsPro A new upstart basketball . Teenage Ballers Can Cash in Earlier Than Ever. But at What Cost? On Friday, Overtime Elite announced that it has signed 17-year-old Jean Montero, the first international prospect to join its inaugural class of players set to debut in September. Why Overtime Elite could have a lot of success, but also why it might fail: The reason Overtime Elite could have a ton of success is pretty simple: They're willing to pay a crap ton of money for good, young high school players. Overtime Elite league to offer prep prospects ability to profit off ... Overtime Elite - A Transformative New Sports League . Oil and Gas Investor. Overtime. Overtime - Crunchbase Company Profile & Funding Oil and Gas Investor Op-ed: At What Price $tarbucks Responsibilities will include prep, production and oversite of show rundowns. The players entered the brand-new 103,000 sq.-ft. facility built by Overtime, a five-year-old digital sports media startup that developed a huge following after posting Zion Williamson's high. Shams Charania and Pat Garrity weigh in on the new league. About. Jobs View All Jobs Overtime General Information Description. Jeff Bezos, Drake, And Dozens Of NBA Players Just ... - Celebrity Net Worth Thanks to significant financial support from investors and the addition of former NBA executives, the league has gained traction as a viable professional alternative to college athletics and the NBA's one-year G . Overtime Raises $80 Million in New Funding from Notable Investor Group ... New basketball facility for elite basketball players planned for ... . "Overtime Elite is a welcome addition to Atlanta's rich sports tradition, elevating the city as a global center for basketball development and a cultural hub for people of all backgrounds," said Atlanta Hawks player and Overtime investor Trae Young. Overtime Elite announced on Monday that they have signed class of 2022 prospect Jai Smith to their roster ahead of their inaugural season set to begin in September. 247Sports. Overtime Pitch Deck Shows How the Startup Reaches Young Sports Fans