CHARLOTTE — One of the all-time greats in the world of sports is looking for his next big win in business, raising his stake in a sports technology and data company that recently made its debut on the stock market.
A press release from Sportradar (NASDAQ: SRAD) says Michael Jordan is increasing his investment and taking on a new role as a special adviser to the company’s board of directors.
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Jordan, the majority owner of the Charlotte Hornets, first invested in Sportradar in 2015, when he and fellow NBA team owner Mark Cuban participated in a $44 million funding round for the Switzerland-based company.
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