Consumer

Michael Jordan’s Cincoro Tequila Adds Celebrities, Markets

  • Serena Williams, Derek Jeter among those joining ownership
  • Brand plans expansion to China, UAE, UK and more this year
Michael Jordan, right, and former Nike designer Mark Smith at Cincoro Tequila’s New York launch party in September 2019.Photographer: Jamie McCarthy/Getty Images

Cincoro Tequila, the spirits label co-founded by Michael Jordan, is raising funds from athlete investors as it prepares to enter several international markets.

Tennis legend Serena Williams and baseball hall-of-famer Derek Jeter are among the athletes joining the ownership group, along with pro golfers Dustin Johnson and Keegan Bradley. Jason Robins, the chief executive officer of sports-betting firm DraftKings Inc., is also involved. Financial terms weren’t disclosed.