Michael Jordan, Mark Cuban's Investments In Sportradar, Valued At $8B, Only Adds To Their Net Worths

In 2015, Michael Jordan and Mark Cuban teamed up to invest in Sportradar.

According to the company’s official website, it specializes in collecting sports data from all over the world and then using that data to leverage clients appropriately. USA Today reports that Michael Jordan and Mark Cuban were part of a $44 million investment round in the company that was led by Revolution Growth. The National Basketball Association (NBA) and the National Football League (NFL) also have equity in the company.

In November 2021, the company went public at $19/share with a reported $8 billion valuation.

In other words, Michael Jordan and Mark Cuban’s overall net worth can only be expected to go up from here, especially as sports betting continues to grow and dominate the market.

Michael Jordan's Net Worth

Regarded as one of the greatest basketball players of all time, Michael Jordan is also one of the few who is a billionaire. As AfroTech previously reported, he has a net worth of $1.6 billion.

Mark Cuban's Net Worth

As the owner of the Dallas Mavericks — amongst his many other investments — Mark Cuban has a real-time net worth of $4.5 billion, according to Forbes.

Bernadette Giacomazzo is the SEO Manager at Blavity, Inc. She is also a NYC-based editor, writer, photographer, and publicist with a career spanning more than two decades in the entertainment industry. Her work has been featured in People, Teen Vogue, BET, HipHopDX, XXL Magazine, The Source, Vibe, The Los Angeles Times, and more. Giacomazzo is also the author of The Uprising Series and is the CEO of G-Force Marketing & Publicity, which has been featured in The Hollywood Reporter and has obtained film, television, radio, and print placements for blue-chip clients all over the world. She will release "In Living Color: A Cultural History" on Rowman & Littlefield Press in February 2023, and "The Golden Girls: A Cultural History" on Rowman & Littlefield Press in August 2023.

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