Investing in Sports - Tennis

The Initial Data Offering (IDO) community is a place for data enthusiasts to discover new datasets daily.

The mission is to build a community of data enthusiasts and curate high-quality, unique datasets for businesses, researchers, and organizations worldwide. Sign up here!

Common Wealth, a Social Leverage portfolio company, launched investing opportunities in tennis. The team at Common Wealth started by making it accessible for their users to invest in horse racing. They then went out and won the Kentucky Derby!

Now they are brining opportunities to tennis fans!

“Every sport has stories of younger athletes raising capital or needing the financial support to push them over the edge,” CEO and co-founder Brian Doxtator said. “In a lot of cases, it's done in a very fragmented or almost broken way that leads to either predatory deals or fragmented communication. Commonwealth sits in a place that can solve a lot of those problems both from predatory terms and the deals that athletes get, and visibility into what's going on with the money.”

With tennis officially launched at Commonwealth, player funding and fan involvement is reaching new opportunities.

Launching this week is Commonwealth’s first tennis signee, Garrett Johns, an All-American player from Duke University who began his professional career this year at world No. 414.

Being a part of the community means following the athlete’s journey through exclusive content, updates, and opportunities, and get to know the athletes on an intricate level.

Personally being a big sports fan this is really exciting to get to back athletes and attend events with other sports investors. More exciting announcements coming soon!