Report: Michael Jordan invests in sports-focused VC

(Photo credit: Gary A. Vasquez-Imagn Images)
Former Chicago Bulls star and Basketball Hall of Fame member Michael Jordan has become an investor in Courtside Ventures, a venture capital fund that focuses on sports-related assets, Sportico reported Tuesday.

According to the report, Jordan is joining a fourth round of funding intent on raising $100 million, after acquiring $190 million in investments for its first three rou