LIV Golfer Brooks Koepka recently bought a stake in LEAD’s Locker Room fund. The investment fund has over 20 athletes as shareholders. Its portfolio currently has Eastside Golf and TMRW Sports.
Tiger Woods and Rory McIlroy have created TGL, an inaugural project undertaken by TMRW Sports. It’s a technology-infused golf league in partnership with the PGA Tour. Therefore, Koepka has indirectly bought a stake in Tiger Woods’ company TMRW Sports.
The news was posted by a popular Instagram account Flushing It Golf on the social media platform.
Fans have had varied reactions to the news with some praising Koepka for the investment and some calling it a ‘smart move.’
“That’s gonna make him a S*** TON of money. Where can I invest?” a fan wrote.”It’s also called a long-term hedge. Brooks wins whatever the outcome. Smart move,” another fan jotted.
While some also criticized the players in the TGL.
“What’s your point? Golf fans want to see popular top 100 golfers play, not random watered down non-designated PGAT fields,” the fan commented.
Some fans also took a jibe at Brooks Koepka for joining the Saudi-backed Tour. Koepka joined the Saudi league in a reported $100 million deal, as per Golf.com.
Brooks Koepka, who has a net worth of $60 million (as per Celebrity Net Worth), has invested in several brands such as A Shoc, an energy drink company, and tequila brand Casa Azul, as per Sports Business Journal.
Along with Koepka, English professional footballer Harry Kane and Canadian ice hockey professional Brayden Schenn are two other athletes who joined the investment fund Locker Room.
Talking about investing in the Locker Room, LIV Golf star Koepka said, via PRNewswire:
“Locker Room is unlike anything I’ve been involved in before. It’s not just another investment opportunity – it’s a chance to actively grow companies I’m genuinely passionate about. As an athlete, it’s empowering to invest in ventures that align with my personal interests and values. I am inspired by knowing that my insights can contribute to something bigger, and I’m thrilled to be part of this innovative approach to investing.”
Christoph Sonnen, founder and CEO of LEAD:
“Locker Room is the latest powerhouse in LEAD’s family of funds, joining LEAD ONE (pre-seed), Lake Nona Fund (seed), and ADvantage (Series A). Our mission is simple yet bold: unite experts and innovators to shape the future of sports and health tech.””Locker Room plays a pivotal role in this vision, bridging the drive of athletepreneurs with the brilliance of entrepreneurs, offering not just financial backing but also game-changing strategic insights to revolutionize the industry,” he added.
The Locker Room Fund is led by CEO Brian Thompson. So far, 10 athletes have invested in the fund. To invest in the fund, an athlete must contribute at least $250,000, and the largest contribution made by an athlete has been $1.5 million. 25% of investors in the fund are from finance backgrounds for their expertise.
