MLB Network Absorbing MLB Productions Boston Mayor Makes Case For '24 Games CBS, Turner Unveil Tourney Talent Mark Rachesky Is Newest Hawks Bidder Octagon's Baseball Unit Adds Three Agents Polaris Ranger To Sponsor PRCA Lightning Plan More Arena Upgrades Classified Advertisements UFC Meets With New York Legislators Minding My Business With PSE's Mike Donnay
SBD/Issue 112/Sports & SocietyPrint All
James Discusses His Marketing
Endeavors In CNBC Documentary
NOT COMING FROM BUSINESS BACKGROUND: RNC Genter Capital Management President & CEO Dan Genter said many of these athletes and entertainers “are not coming from a background where they have a support system that’s very business aware, and because of that, they’re thrown into making a lot of decisions very, very quickly.” Hawkins noted Johnson, through his RLJ Companies has created a “platform for future black overclass moguls to rise. At the Bobcats, nearly all of the senior executives are African-American.” Johnson hopes the “dozens of black millionaires he’s created in his career will in turn create opportunities for other rising black powerbrokers to launch joint ventures” (“Newbos: The Rise of America’s New Black Overclass,” CNBC, 2/26).