Shaq to sell NBA Franchise ownership stakes to become brand ambassador of Wynnbet — Afroballers

AFROBALLERS MLS: Austin 1 – San Jose 1 🔴 MLS: Colorado 0 – LAFC 0 🔴 WNBA: Lynx 0 – Valkyries 0 WNBA: Mystics 0 – Liberty 0 WNBA: Tempo 0 – Sun 0 Premier League: Coventry 0 – Arsenal 0 Ligue 1: Paris FC 0 – Troyes 0 Ligue 1: Lyon 0 – Toulouse 0

AFROBALLERS MLS: Austin 1 – San Jose 1 MLS: Colorado 0 – LAFC 0 WNBA: Lynx 0 – Valkyries 0 WNBA: Mystics 0 – Liberty 0 WNBA: Tempo 0 – Sun 0 Premier League: Coventry 0 – Arsenal 0 Ligue 1: Paris FC 0 – Troyes 0 Ligue 1: Lyon 0 – Toulouse 0

MLS Austin 1 – San Jose 1 LIVE

MLS Colorado 0 – LAFC 0 LIVE

WNBA Lynx 0 – Valkyries 0 SCHEDULED

WNBA Mystics 0 – Liberty 0 SCHEDULED

WNBA Tempo 0 – Sun 0 SCHEDULED

Premier League Coventry 0 – Arsenal 0 SCHEDULED

Ligue 1 Paris FC 0 – Troyes 0 SCHEDULED

Ligue 1 Lyon 0 – Toulouse 0 SCHEDULED

Ligue 1 Rennes 0 – PSG 0 SCHEDULED

Ligue 1 Lorient 0 – Nice 0 SCHEDULED

Ligue 1 Strasbourg 0 – Marseille 0 SCHEDULED

Ligue 1 Auxerre 0 – Lens 0 SCHEDULED

Ligue 1 Brest 0 – Le Mans 0 SCHEDULED

Ligue 1 Monaco 0 – Le Havre AC 0 SCHEDULED

Ligue 1 Lille 0 – Angers 0 SCHEDULED

Serie A Lecce 0 – Venezia 0 SCHEDULED

Serie A Como 0 – Udinese 0 SCHEDULED

Serie A Milan 0 – Torino 0 SCHEDULED

Serie A Cagliari 0 – Parma 0 SCHEDULED

Serie A Monza 0 – Inter Milan 0 SCHEDULED

Serie A Napoli 0 – Genoa 0 SCHEDULED

Serie A Juventus 0 – Frosinone 0 SCHEDULED

Serie A Lazio 0 – Bologna 0 SCHEDULED

Serie A Sassuolo 0 – Atalanta 0 SCHEDULED

MLS Austin 1 – San Jose 1

MLS Colorado 0 – LAFC 0

WNBA Lynx 0 – Valkyries 0

WNBA Mystics 0 – Liberty 0

Home Scores Videos NBA Soccer NFL Tennis Olympics Basketball Combat

NEWS: Shaq has been named a brand ambassador for @WynnBET and will be the face of advertising campaigns across TV, digital, and print.

To comply with NBA rules, Shaq will have to sell his minority stake in the Sacramento Kings.

He's up ~250% since he acquired the stake in 2013. pic.twitter.com/vu9t2TLS44
— Joe Pompliano (@JoePompliano) August 9, 2021

Shaq became a part-owner of the Sacramento Kings in 2013. The valuation of the team then, was worth $534 millions. It is now worth $1.8 billion.

Shaq will now sell his ownership stake with the Kings, because Shaq is partnering up with WynnBet to become a brand ambassador and part of the requirements involve his ownership stake being sold.

Shaq will become the face of Wynnbet. This should help raise their name and popularity. Though Shaq is losing his stakes with the Kings, this deal should become lucrative as betting is getting more and more popular in the U.S.

Watch this video to know more about Wynnbet:

https://www.youtube.com/watch?v=o-OPvNLyhMI

STAY IN THE GAME

Get the latest Afroballers stories, scores, and highlights delivered to your inbox.