Huddle Up

Huddle Up

The Smartest NBA Owners Have Been Anticipating The Arrival Of Maverick Carter's $5 Billion NBA Competitor

Joe Pompliano
Jan 19, 2025
∙ Paid
(Maverick Carter at Invest Fest via Paras Griffin/Getty Images)

I was talking to a former NBA owner last year. He wasn’t a principal owner, but he owned a double-digit stake in a marquee team and made hundreds of millions on the investment. It was an interesting conversation for several reasons, but we spent most of our time discussing why he decided to sell his stake after 15+ years of ownership.

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