USA Today via Reuters
Oct 12, 2021; Los Angeles, California, USA; Golden State Warriors guard Andre Iguodala (9) celebrates with guard Jordan Poole (3) and forward Otto Porter Jr. (32) during the third quarter against the Los Angeles Lakers at Staples Center. The Warriors won 111-99. Mandatory Credit: Kiyoshi Mio-USA TODAY Sports
USA Today via Reuters
Oct 12, 2021; Los Angeles, California, USA; Golden State Warriors guard Andre Iguodala (9) celebrates with guard Jordan Poole (3) and forward Otto Porter Jr. (32) during the third quarter against the Los Angeles Lakers at Staples Center. The Warriors won 111-99. Mandatory Credit: Kiyoshi Mio-USA TODAY Sports
Another basketball icon has bid farewell to the game. Andre Iguodala of the Golden State Warriors has finally left the court after a 19-year-long career. The 39-year-old will go down as one of the most accomplished athletes to ever grace the court. However, Iguodala has set himself up for more exciting things to come in the future.
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For years, he has shown interest in several business opportunities and has got his hands on some very exciting ventures. So, despite retirement, Iguodala won’t be living the retired life and his long list of responsibilities will require attention. More importantly, he is on the verge of creating history as well.
Could Andre Iguodala be the next billionaire?
NBA stars and their business acumen are surely something to marvel at. Over several decades, we have seen the likes of Michael Jordan, Magic Johnson, and more, make their mark in the business world. Having amassed billions of dollars through several ventures, these legends have also set a benchmark for other athletes to look up to. The ex-Warriors star is surely on that list of inspiring individuals.
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From soccer teams to venture capital funds, Iguodala is involved in everything. He announced his retirement today and already has an exciting lineup in front of him. He also now has the opportunity to become a billionaire.
Iguodala is a longtime partner of 49ers ownership. Together, they own Leeds United, a women’s soccer team in the EPL. He is also part owner of the Bay FC in the NWSL. Other than these, Iguodala’s investments include Coinbase, Cloudflare, and Zoom.
The 39-year-old’s net worth is estimated to be around $90 million as of now. However, he is set to lead a venture capital fund, which could be a difference-maker. As per Joe Pompliano, “Andre Iguodala is retiring from basketball to run Mosaic, a $200 million venture capital fund that he recently raised.”
Andre Iguodala is retiring from basketball to run Mosaic, a $200 million venture capital fund that he recently raised, per @dealbook.
In addition to 4 NBA Championships, Iguodala has been one of the most active investors in sports over his 20-year career.
Investments include:? pic.twitter.com/0WobhMg4SL
? Joe Pompliano (@JoePompliano) October 20, 2023
All things considered, Iguodala is heading into another chapter of his life with a lot on his plate.
Andre Iguodala’s decision to retire
After spending 19 seasons in the league, Iguodala won four NBA championships with the Warriors. However, his farewell season wasn’t as good as he would’ve wanted to.
USA Today via Reuters
May 12, 2023; Los Angeles, California, USA; Golden State Warriors guard Stephen Curry (30) Andre Iguodala (9), guard Ryan Rollins (2) and guard Klay Thompson (11) sit on from the bench in the final minutes of the second half of game six of the 2023 NBA playoffs against the Los Angeles Lakers at Crypto.com Arena. Mandatory Credit: Jayne Kamin-Oncea-USA TODAY Sports
He missed the first 39 games due to a hip injury. When he made his eventual season debut, soon he faced another setback in the form of a wrist fracture. Despite that, he wanted another season from him, but Iguodala knew it was time to say goodbye to the game.
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Stefan Thomas