Lids Becomes Colts' Local Retailer NHL Sponsors Expect Jersey Ads Browns Raise Season-Ticket Prices Woods Sporting MusclePharm Water Bottle Maryland Athletics Still Running Up Deficit NASCAR HOF Sponsors Revenue Plummets Seahawks Brand Still Has Room To Grow Pernetti Leaving NYC FC For IMG College NFL, USA Football Teaching Moms About Game's Safety Rogers Wins World Cup Of Hockey TV Rights
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).