Tiger Woods invests in blank-check firm

Tiger Woods is a lead investor in Sports activities & Well being Tech Acquisition Corp., a so-called blank-check firm seeking to elevate $150 million, focusing on sports activities and well being expertise investments.

Tiger Woods, state of affairs

Based on The Wall Avenue Journal, the corporate, Mr.

Woods’s foray into special-purpose acquisition corporations, mentioned it will deal with fan engagement, consumer-facing well being and health applied sciences, and well being and well-being, focusing on corporations with an approximate enterprise worth of $600 million to $1 billion.

The Covid-19 pandemic, it mentioned, helped drive demand for sports activities and social content material, accelerated curiosity in well being and wellness and underscored the significance of expertise in every day life. Particular-purpose acquisition corporations, or SPACs, are publicly traded corporations that elevate cash for potential acquisitions and have change into a preferred device amongst well-known executives.

Many sports activities and leisure figures have backed SPACs, together with tennis star Serena Williams, basketball Corridor of Famer Shaquille O’Neal, Nationwide Basketball Affiliation standout Kevin Durant and former Main League Baseball star Alex Rodriguez.

A brand new profession as a psychological coach, alongside a number of the greatest golfers on the earth to pull them to success and assist them in occasions of problem. That is what Michael Phelps, probably the most embellished athlete within the historical past of the Olympics, appears to have undertaken (additionally within the title of friendship).

An ideal golf fanatic, many now outline him because the “secret weapon” of inexperienced totems akin to Jon Rahm, primary on the earth rating, and Jordan Spieth, the Texan who, after an extended interval of disaster, is again in 2021 to amaze.

“He is an excellent man, he is been by quite a bit as a sportsman and he is the best Olympian of all time with lots of tips up his sleeve. I am not going to disclose what I requested him however I can say that he has helped me quite a bit within the final interval.

” These are the revelations of the Spaniard Rahm. For the legendary swimmer, nicknamed ‘the Baltimore Shark’, necessary phrases additionally got here from Spieth, in the present day 12 / o on the earth rating. “The psychological side is one thing I’ve labored on quite a bit with him currently.

I am actually fortunate to have him round. Moreover, he is an ideal lover of golf and having him now increasingly more in our world is an added worth.” That is the opinion of Spieth who yesterday, alongside Phelps, performed the Professional-Am of the BMW Championship, the second occasion of the Play-Offs of the Pga Tour beginning in the present day in Owing Mills (USA), Maryland.

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