The average NBA player makes $4.5 million a year, which is higher than the average of any other sports league in the world.
And if you’re one of the best players in the game, your salary can easily top $20 million a year.
That's why if you're an entrepreneur seeking investment, it's a good idea to know which NBA players are investing in startups.
In fact, some of them have already made sizable investments in tech startups.
Carmelo Anthony (New York Knicks)
Shortly after signing a new $122 million contract with the New York Knicks, Carmelo Anthony launched his own venture capital firm called M7 Tech Partners last month.
Anthony partnered with Stuart Goldfarb, a longtime NBC and Bertelsmann executive, for his New York-based firm. He said he’s mostly interested in wearable technology and connected devices.
Baron Davis (Retired)
Former UCLA and Golden State Warriors star Baron Davis joined Ashton Kutcher and Joe Montana in seed funding BloomThat, an on-delivery flower startup, earlier this year.
SV Angel and Reddit cofounder Alexis Ohanian are also part of the $2 million investment.
David Robinson (Retired)
Ten-time NBA All-Star David Robinson recently invested in Thrive15, a Tulsa-based online video consulting firm, for a 2% ownership in the company.
The financial terms of his investment is unknown, but Robinson, whose nickname was “The Admiral” in the NBA, invested through his own private equity firm called Admiral Capital Group.
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