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04.08.2021 18:47

The Players' Impact Announces Advisory Board Members, Basketball Hall of Famer, Tracy McGrady, and Olympic Gold Medalist Gymnast, Gabby Douglas


LOS ANGELES, Aug. 4, 2021 /PRNewswire/ -- The Players' Impact,a network of more than 400 athletes, artists and venture investors, today announced the newest members of its Advisory Board, which will further the organization's commitment to helping athletes and entertainers invest in their financial futures through education and access to sought after venture deals. Joining The Players' Impact Advisory Board are Hall of Fame Basketball player Tracy McGrady, Olympic gymnast Gabby Douglas, former professional football player Donte Whitner, former NFL player and host of CNBC Jon Najarian and Cortez Bryant, Co-CEO of the artist management firm, BluePrint Group.

The Players' Impact

 Basketball Hall of Famer, Tracy McGrady, and Olympic Gold Medalist Gymnast Gabby Douglas Join The Players' Impact.

"The Players' Impact is a powerful hub for those who want to build a legacy beyond any sport or stage. TPI empowers athletes and artists to launch their own business and also become investors in high growth, high potential companies," said Tracy Deforge, founder and CEO of The Players' Impact. "By bringing in strategic advisors like Tracy, Gabby, Donte, Jon, and Cortez we are better able to serve the potential of every member of our community, whether they are looking to get involved in investing and venture or are starting their own company."

TPI democratizes venture-style investments, allowing any member to invest using smaller dollar amounts than would normally be required and still have an ownership stake in sought after venture opportunities. The Players' Impact has made numerous investments in leading privately held companies that include DraftKings (prior to its IPO), Triller, Goal Acquisitions SPAC and secondary offerings including Cameo, Stripe and  Plaid. These opportunities are curated exclusively for TPI's athlete and venture community members and allow for individuals to invest at a dollar amount they feel comfortable deploying alongside the athletes.The Players' Impact provides thought leadership, resources and investment opportunities from a wide range of industries to align with the business and personal goals of its members.

"When I learned what The Players' Impact was doing to truly help empower women and minorities to learn about investing in venture and make more educated financial decisions for their futures, I knew I had to be  involved," said Gabby Douglas, Olympic gymnast. "TPI's unique investment strategy lets athletes learn about venture in a no pressure environment. Athletes can choose to invest just a few thousand dollars in these highly curated opportunities and I couldn't be more excited to join the organization's advisory board to help better empower my fellow athletes."

"After retiring from basketball, I dedicated my life to educating other athletes on how to save and invest wisely in order to provide themselves financial security long after they are off the court or field," said McGrady. "Tracy Deforge and the rest of the team at The Players' Impact have created something truly special for the athlete community, and my business partner, Grant Haas, and I can't wait to dig into new investment opportunities and teach our members everything we can to help them better shape their futures."

Since its inception several years ago,  The Players' Impact has established a phenomenal ecosystem of engagement and connectivity among its professional athlete network and various business stakeholders. Membership includes access to attend VIP type networking events at major sports events such as Super Bowl, ESPY's, NBA All Star Game, monthly investment pitch calls, educational series on venture investing, mentoring opportunities through Athlete Transition Academy and access to invest in highly sought after private investment deals. Membership is free for current and former professional and Olympic athletes to join and by referral for other venture investors.

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SOURCE The Players' Impact

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