The Splash Brothers are getting into the golf-team ownership business.
TGL, the new-tech driven, prime time, team golf league announced the formation of the latest ownership group that is acquiring the rights to TGL’s San Francisco team and it includes Steph Curry.
Marc Lasry’s Avenue Sports Fund is the other primary investor. Additional investors include Curry’s Splash Brother teammate on the Golden State Warriors Klay Thompson and Andre Iguodala, another big golfer when he isn’t winning NBA titles.
“Avenue is thrilled to be working with Stephen Curry, in partnership with TMRW Sports as a founding TGL team,” Mr. Lasry said. “Our ownership group is excited to become stewards of TGL San Francisco and to represent Northern California, which is the center of tech innovation and is a perfect location for a TGL team in this extraordinary new sports league. As we move towards the launch of TGL’s inaugural season in January 2024, TGL San Francisco will be focused on developing an extraordinary team of talented players and we are excited to have Andre and Klay as part of our amazing ownership group.”
Lasry has demonstrated leadership in sports, including as former co-owner of the championship Milwaukee Bucks NBA franchise. The investment in TGL San Francisco is one of the first investments to be made by the Avenue Sports Fund.
Curry’s strategic relationship with Lasry in the Avenue Sports Fund is the latest addition to a growing business portfolio that includes, the production company Unanimous Media; the lifestyle brand, UNDERRATED golf and basketball; his signature Kentucky Straight Bourbon, Gentleman’s Cut; and his foundation, EAT. LEARN. PLAY. that has raised more than $47 million for Oakland kids and families.
“Northern California is both the hub of tech innovation and home to world-class golf courses, some of the most-famous players in history and incredible golf fans, which makes San Francisco a natural choice for our next TGL team. Combining the business expertise of Avenue Capital Group with the championship mentality brought by these NBA superstars, this TGL team will generate a lot of energy in the Bay Area and around the world. We’re honored to welcome them to TGL,” said Mr. McCarley.
Team names, brands, front office staff and assigned players will be unveiled later this year. Five of six team ownership groups have been announced.
- Atlanta Drive GC: led by Arthur M. Blank, AMB Sports and Entertainment (Atlanta Falcons, Atlanta United, PGA Tour Superstores)
- TGL Boston: led by John Henry, Tom Werner, Mike Gordon, and Fenway Sports Group (Boston Red Sox, Liverpool FC, Pittsburgh Penguins, RFK Racing)
- Los Angeles Golf Club: led by Alexis Ohanian (Angel City FC), Seven Seven Six, Serena Williams and Venus Williams; as well as limited partners the Antetokounmpo brothers, Alex Morgan, Servando Carrasco and Michelle Wie West
- TGL New York: led by Steven A. Cohen (New York Mets), Cohen Private Ventures
- TGL San Francisco: a group led by Avenue Sports Fund’s Marc Lasry, Stephen Curry, Andre Iguodala and Klay Thompson
