NBA Union Creates Accelerator to Aid Players’ Business Ventures

  • Program being launched in conjunction with Patricof Co.
  • Companies must have received no more than one funding round

LeBron James of the Los Angeles Lakers dunks against the Atlanta Hawks in 2019.

Photographer: Kevin C. Cox/Getty Images
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National Basketball Association superstars LeBron James and Kevin Durant have become serial investors, lending their names, ideas and money to a number of business ventures and startups.

Their union wants to help all of its members with similar off-court aspirations follow suit. To that end, the National Basketball Players Association is creating an accelerator program that’s open to current and former members.