John Wall is buying an ownership stake in the South East Melbourne Phoenix of NBL.
Wall joins an ownership group headed by LA-based entrepreneur Romie Chaudhari featuring Dante Exum, Zach Randolph, Al Harrington and Josh Childress.
Tge Brisbane Bullets are owned by a consortium led by the longtime NBA guard Kevin Martin.
The NZ Breakers are led by an ownership group headed by Miami Heat ex Matt Walsh which also features Shawn Marion.
Just last week, Indiana’s Victor Oladipo announced he has also purchased a minority stake in the Breakers.
The @BrisbaneBullets are owned by a consortium led by the longtime NBA guard Kevin Martin … and the @NZBreakers play in the @NBL and are led by an ownership group headed by Miami Heat ex Matt Walsh which also features Shawn Marion
— Marc Stein (@TheSteinLine) November 23, 2020
Just last week, Indiana’s Victor Oladipo announced he has also purchased a minority stake in the Breakers to team with Walsh and Marion
Now Wall joins Chaudhari, who also owns minority stakes in soccer franchises in the English Championship (@SwansOfficial) and @MLS (@dcunited)
— Marc Stein (@TheSteinLine) November 23, 2020
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