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NBA legend Magic Johnson and former NBA commissioner David Stern have joined ShotTracker, a manufacturer of wearable tech for basketball, as investors and advisors to propel the brand’s newest, game-changing technology, ShotTracker TEAM.
Johnson and Stern’s investment is part of a $5 million total seed funding that also includes investments from Elysian Park Ventures, Greycroft Partners, Sovereign’s Capital, IrishAngels, ward.ventures, R/GA and Service Provider Capital.
“Both of these legends are widely knows as two of the biggest game changers this sport has ever seen, so we’re thrilled they have recognized ShotTracker TEAM and the impact it will have on basketball,” ShotTracker COO Davyeon Ross said in a statement.