Boxing legend Floyd Mayweather Jr. has always been a shrewd businessman looking for investment opportunities everywhere. However, it seems that ‘Money’ Mayweather is ready to invest in a basketball tournament for the second consecutive season. The Money Team (TMT), has officially applied for TBT 2023. The TBT, or The Basketball Tournament, is a high-stakes, single-elimination basketball tournament held every summer in the United States.

This is not the first time Mayweather has made a move in the basketball world. Just a few months ago, the boxer made headlines when he offered to buy an NBA team for $2 billion. This came after he made several public statements expressing his interest in owning a basketball team. While he did not name any specific team he was interested in, he made it clear that he was ready to invest in the sport. He is ready to get his team to compete in the TBT tournament this year in hopes of winning the million-dollar prize.

Floyd Mayweather makes another business move in Basketball

The former champion’s TMT will be playing in the tournament this year after previously competing in two seasons. Last summer, TMT had some impressive highlights from players such as Jimmer Fredette, Trevor Booker, Jordon Crawford, and Mitch Creek. With an all-star roster coming soon, Mayweather and TMT are clearly looking to make a statement in the tournament.

Mayweather’s interest in basketball is not surprising, given his success in the world of boxing. ‘TBE’ is known for his incredible work ethic and dedication to his craft, and it seems he is bringing the same mentality to the basketball court. While it remains to be seen whether TMT will be successful in TBT 2023, it is clear that Mayweather and his team are not afraid to take risks and make bold moves in the world of sports.

What is The Basketball Tournament?

The Basketball Tournament or TBT is a unique tournament that features a mix of professional and amateur players. Teams are made up of players who have played at various levels, from college to the NBA. The tournament has gained a lot of popularity in recent years, thanks in part to its high-stakes format. The winner of the tournament takes home a prize of $1 million, which is split among the team’s players.

Mayweather’s latest move in the basketball world shows that he is serious about investing in the sport. With his financial backing and dedication to success, it will be interesting to see how TMT fares in TBT 2023. Regardless of the outcome, Mayweather’s interest in basketball is a testament to his love of sports and his drive to succeed.

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What did you think about TMT competing in TBT this year? Let us know in the comments below.

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