There has never been a better time for the NBA. The league is thriving on a global scale. Likewise, there’s never been a better time for players. Supermax contracts are getting them more than 30 million a year just from basketball. If you add endorsements to the mix, we’re talking about some serious cash!
There are hundreds of active players today that have made ample money to make very significant business investments. We’re seeing many players become angel investors and entrepreneurs at a relatively young age.
I’ve browsed through Crunchbase, to get a better sense of NBA’s investor landscape and see who leads it. Crunchbase is the leading global platform for finding business information about private and public companies, people and investors, investments, funding info, and much more. They use something called the CB Rank to rank people, investors, and companies to see who is most relevant based on different parameters like number of investments, total investment amount, number of exits and general network strength.
Keep in mind; there are many undisclosed investments not listed on websites like these. Therefore we can be certain the numbers aren’t 100% correct.
These are the Top 10 NBA players (current and past) based on their CB Rank:
- LeBron James
- Stephen Curry
- Andre Igoudala
- Shaquille O’Neal
- Kevin Durant
- Kobe Bryant
- Kyrie Irving
- Carmelo Anthony
- Dwyane Wade
- Baron Davis
This ranking doesn’t mean the listed players are necessarily wealthiest in this order; however, it does mean that they are the most active and in terms of investing into different companies, startups, or their own ventures. Notice how four players on the list play(ed) for the Golden State Warriors. Living next to Silicon Valley leaves a mark on you. Seven out of ten play(ed) in California. Big markets make a difference!