MOUNT LAUREL, N.J., Feb. 15, 2019 — NFL Alumni (NFLA) today announced SportVEST VC Fund as its new Venture Arm, to access unique and exclusive investment opportunities in global sports innovation.
Beasley Reece, CEO of the NFLA commented, “This partnership tackles one of our highest priorities in developing ways to provide investment opportunities to our members. We strive to help former players succeed in their post-NFL lives, and connecting alumni with services that can enhance their financial stability. SportVEST teaches models for financial success.”
Additionally, the NFLA joins SportVEST’s Board, giving the association and its members access to many benefits such as investment opportunities, alternative revenue streams through gaming, wearables, endorsements and sponsorships, as well as valuable learning tools.
Ben Godfrey, General Partner at SportVEST added, “SportVEST and the NFLA share the same mission and values. Our aim is to bring a win-win strategy of unique innovative investment opportunities to NFLA and its members but also provide them with real added value. Through regular workshops NFLA members will learn valuable skills including entrepreneurship, blockchain, tokenization and how to turn an idea into a successful business coupled with opportunity to gain hands on experience in the fund’s portfolio companies. The NFL Alumni is an exclusive partner with SportVEST Foundation which will be contributing and reinvesting into both social and charitable causes that are important to NFLA members.”
In addition to the Advisory Board seat occupied by the NFLA, SportVEST is also pleased to introduce its latest members to its Athletes Advisory Board: former NFL Pro Bowl players Phil Villapiano and Shawn Springs, as well as seven-year NFL veteran DB Ray Ellis.
About SportVEST VC Fund
Founded in 2016, SportVEST is a division of Global Sports, Inc. a Delaware Corporation. SportVEST VC Fund is partially tokenized and uses blockchain technology. Investing globally in Post Seed / Pre Series sports businesses with the aim of becoming a market leader in the space helping grow the sports ecosystem. For more information, please visit sportvest.io.
About NFL Alumni
NFL Alumni, a non-profit organization, is comprised of former NFL players, coaches, staffers, cheerleaders, spouses, and associate members whose mission is to serve, assist and inform former players and their families. The Alumni offers a variety of medical, financial, and social programs to help members lead healthy, productive and connected lives, as well as community initiatives under its “Caring for Kids” programs. Pro Football Legends is the commercial marketing arm of the NFL Alumni. For more information, please visit www.nflalumni.org.