NBA star Giannis Antetokounmpo is now part-owner of sports drink start-up Ready Nutrition.
As part of the transaction, Antetokounmpo will also receive an ownership stake in the company.National Basketball Association star Giannis Antetokounmpo is now part-owner of a sports nutrition start-up.in a transaction that will grant Antetokounmpo part ownership of the company told CNBC. The company didn't give an exact amount for Antetokounmpo's investment, but said it's in the six-figure range.
"I could go with Gatorade, I could go with BodyArmor, but at the end of the day Ready was the right fit for me," Antetokounmpo added., said the deal with Ready Nutrition made a good fit for his client's personal story. Ready Nutrition, founded in 2012, is poised to book more than $100 million in revenue this year, Cavanaugh told CNBC when discussing the partnership with Antetokounmpo. "The next number we're approaching will have a two in front of it," he said.
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