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Basketball legend teams up with EQT-backed firm

Michael Jordan, investor Mark Cuban and Revolution Growth are investing €40 million in the sports data company

Basketball legend teams up with EQT-backed firm
Photo: Getty Images

Sports data company Sportradar didn't need the money, but it raised €40 million anyway because the cash came with connections.

Revolution Growth, which was co-founded by the NHL's Washington Capitals, the NBA 's Wizards and the WNBA's Mystics owner Ted Leonsis, led the round along with the NBA's Charlotte Hornets owner Michael Jordan and Dallas Mavericks owner and investor Mark Cuban.

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