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Amazon CEO, Drake invests: Sports media startup raises $80 million

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If you don’t know what an NFT is yet you need to catch up!

Sports media startup Overtime has raised $80 million in Series C funding through huge name investors including Amazon’s Jeff Bezos, music star Drake, and more than 25 NBA players.

Overtime Elite is a transformative new sports league that offers the world’s most talented young basketball players a better pathway to becoming professional athletes.

It also allows them to engage and inspire a new generation of digitally native fans.

Overtime says its new funding will go toward developing NFTs, trading cards, and sports betting content.

“Overtime has built an unrivalled brand and global community from scratch in just five years. This fundraise reflects the incredible growth opportunities associated with such a market leading position, including the opportunity to bring Overtime Elite into the world,”

said Michael Spirito, a partner at investment firm Sapphire Sport, who led the funding round.

Overtime has now raised a total of $140 million since being founded in 2016.

Sport

Mike Riley steps down as referee chief

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One of the biggest names in the referee world, Mike Riley, has confirmed he will be stepping down as head of the English League referees

After 13 years, Mike Riley has confirmed he will be stepping down from his role as managing director of Professional Game Match Officials Limited (PGMOL).

The iconic referee leader will finish his role at the end of the 2022-23 season. Riley says he has enjoyed working in such a ‘dedicated group’.

“I am proud of the contribution our match officials have made to the professional game and have enjoyed working with a such a dedicated, professional and high-quality group at all of the levels that PGMOL manages.

As the elite referee development plan begins to take shape, now is the right time to plan for the future and allow the new leadership team to build on the strong foundations that we have in place. I look forward to working with the new team over the next season and giving them my support before I step down.”

mike riley

The Premier League formally thanked Riley for his contributions and commitment over the last 13 years.

“On behalf of the Premier League, I would like to thank Mike for his valuable contribution and significant commitment to PGMOL over the last 13 years as well as his considerable service to the game as an elite referee for 20 years,” said the Premier League chief executive, Richard Masters.

“During his time at PGMOL, he has worked hard to deliver and develop high-quality match officials across the professional game and led on the implementation of VAR into the Premier League three seasons ago.”

PGMOL

The search is now on to replace the top spot with Riley collaborating with the new team before officially stepping down.

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Hero coach rescues U.S. swimmer at Olympic event

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U.S. Swimming coach, Andrea Fuentes, has saved the life of an American Swimmer, Anita Alvarez, at the FINA World Championships

Fuentes dived into the pool to rescue unconscious Alvarez from the bottom after her Olympic qualifying event.

In a nightmare moment, the 25-year-old didn’t return for breath after her synchronised swimming event and instead began to sink.

In a split-moment decision, Coach Fuentes jumped into the pool to rescue her, after the lifeguards failed to act.

When a swimmer finishes their routine, the first thing they want to do is breathe and so I saw that instead of going up, she was going down and I told myself, ‘Something is going on’ … So I went in as fast as I could.”

Andrea Fuentes

The young Olympic medalist was unconscious and not breathing but quickly received medical attention on the edge of the pool.

She was taken to hospital and is now reportedly in ‘good health’.

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Medical personnel to face trial over Maradona’s death

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Eight medical personnel will stand trial for their alleged negligence in the death of football legend Diego Maradona

The 60-year-old was found dead in a rented home in Buenos Aires two years ago, after recently being discharged from hospital.

Prosecutors say there were “omissions” by the star’s caregivers, who allegedly abandoned him during his hospital stay.

Around 20 medical experts found Maradona’s treatment was rife with “deficiencies and irregularities”, in a hearing convened by Argentina’s public prosecutor last year.

A neurosurgeon and family doctor, psychiatrist and psychologist are among those who are facing charges.

They risk sentences ranging from eight to 25 years in prison but are denying any responsibility in the Argentinian player’s death.

Diego Maradona played in four FIFA World Cups for Argentina, and then went on to coach the national team during their 2010 campaign in South Africa.

In May, his famous ‘Hand of God’ jersey sold for $9.3 million.

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