Yo Gotti Is Investing In A Major League Soccer Team

hiphopdx September 13, 2021 Yo Gotti 36
Yo Gotti Is Investing In A Major League Soccer Team

Yo Gotti is a successful boss, and his latest move may place him in rare company with other rappers who made investments in sports teams.

Yo Gotti has proven to be a certified boss with all the moves hes made with his label Collective Music Group and his artists Moneybagg Yo 42 Duggand EST Gee Hes left an undeniable mark in the music industry the last two years, but now Gotti has his eyes on another market. On Friday (September 10), The Washington Post reported Yo Gotti is apart of a group investing in Major League Soccer team D.C. United. According to the article, Gotti is joining forces with petroleum executive Eyob Joe Mamo and several other people in the national business sector to invest in the team. If all goes well the group will have a six percent stake in D.C. United. Theres very little information on the deal besides Yo Gotti and Mamo being the only two names revealed to be in the group. However, Yo Gotti has been dropping hints at the move. Last month, Gotti attended the MLS All-Star Game and met with MLS commissioner Don Garber. Hes also been friends with D.C. Uniteds co-chairmen Jason Levien and Steve Kaplan for several years through their investments in Gottis hometown Memphis Grizzlies of the NBA. Yo Gotti has reached an agreement to purchase a minority stake in D.C. United, per @novy_williams The rapper is part of a group that will gain about a 6% stake in the MLS club, pending approval. In June, RB Mark Ingram also invested in the team at a valuation of about $710M. Read more


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