NFL's Suh Has Real Estate Wagers in Four States, Filing Showsby and
Ballantyne Strong cites `well cultivated' business network
Nebraska fan Buffett has encouraged Suh's non-football pursuit
Ndamukong Suh, a defensive tackle on the National Football League’s Miami Dolphins, has property investments in four states, part of his push into the world of finance, according to a regulatory filing.
“Mr. Suh holds ownership interests in several real estate development projects across Michigan, Nebraska, Oregon and Colorado,” according to the proxy filing Monday from Omaha, Nebraska-based Ballantyne Strong Inc., where he is a director.
The former star at the University of Nebraska has been pursuing interests beyond football, with encouragement from billionaire mentor and fan Warren Buffett, who lives in Omaha. Ballantyne Strong, which manufactures projection screens, monitors networked equipment and has clients in the cinema, retail and financial industries, announced in January that Suh would be joining the board.
Monday’s filing provides additional details into his business qualifications ahead of elections for board members at the May annual meeting.
“Mr. Suh’s well cultivated business and personal network will add unique value to the company now and into the future,” according to the document, which said that his investing experience will help him “to evaluate strategic opportunities.” The filing didn’t provide specifics on the value of Suh’s property holdings or list which communities they are in.
Ballantyne Strong has advanced 1.7 percent this year after an 11 percent rally in 2015.