Faith of the Sport raises $50 million to develop past sports activities content material

Faith of Sports activities, a sports activities media manufacturing firm based by Tom Brady, Michael Strahan and Gotham Chopra, introduced $50 million in Collection B funding.

With the brand new funding, which brings the corporate to roughly $63 million raised to date, Faith of Sports activities plans to develop new mental property – together with increasing into areas past sports activities reminiscent of leisure, enterprise and music – In addition to rising our producer community and rising international strategic partnerships.

The Collection B spherical was led by Shamrock Capital, with participation from Cerro Capital and former investor Elysian Park Ventures (the funding arm of the LA Dodgers). Different previous buyers embrace Liontree, Advance Capital and Courtside Ventures.

“The faith of the game has grown at a tempo we might solely have dreamed of 5 years in the past,” seven-time Tremendous Bowl champion quarterback Tom Brady stated in a press release. “I look ahead to the long run in Faith of Sport as we proceed to develop our slate and pursue extra collaborative tasks with new companions.”

Faith of Sports activities lately expanded into the NFT market with ESPN’s “Man within the Area: Tom Brady” collection and thru a partnership with Brady’s Autograph to launch digital collectibles with Simone Biles .

Earlier this 12 months, Faith of Sports activities introduced plans to develop, finance and produce sports-related content material for a number of platforms, together with tasks in scripted TV, documentaries and audio, together with its first scripted venture, “The Owl,” comprises a rag-toe. -The wealthy story about an orphaned Mexican-American boxer.

Faith of Sports activities, based mostly in Santa Monica, California, was based in 2017. The corporate’s tasks embrace exhibits for Fb Watch, Apple TV+, ESPN, Showtime, Fox Sports activities and NBC Sports activities. Within the second half of 2021, Faith of Sports activities launched three documentaries adopted by Simone Biles (“Simone Vs. Myself” on Fb Watch); Russell Westbrook (“Ardour Play” on Showtime); and Tom Brady (“Man within the Area” on ESPN+).

Gotham Chopra, son Deepak Chopra stated in a press release. “With the Shamrock now aboard, we’re prepared for much more development and pleasure. And I could not be extra enthusiastic about the way forward for ROS Confidence.”

LA-based Shamrock Capital says it has $3.6 billion in property beneath administration with investments within the media, leisure, communications and associated sectors. The agency was initially based in 1978 as a household funding firm for the late Roy E. Disney and has grown into an institutionally supported agency, together with endowments, foundations, and sovereign wealth and pension funds. Are included.

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