Andre Iguodala discussed his plans for retirement and has certainly left fans amused with what he has in store for them to witness in the upcoming years. It is undeniable that Iguodala had a successful NBA career, and now transitioning to a full-time tech career. This has always been a part of his plan to have success on as well as off the court.
He spoke about this to The New York Times’ Dealbook, and said, “When I initially went out to the Bay Area, it was my intent to have success on and off the court.” Iguodala and his long-term business partner Rudy Cline-Thomas began with this plan in 2010. The two started buying stocks and were looking out for startups at the same time, and eventually are set with their Firm Mosaic.
Andre Iguodala is retiring from basketball to run Mosaic, a $200 million venture capital fund that he recently raised, per @dealbook.
In addition to 4 NBA Championships, Iguodala has been one of the most active investors in sports over his 20-year career.
Investments include:… pic.twitter.com/0WobhMg4SL
— Joe Pompliano (@JoePompliano) October 20, 2023
Furthermore, they have a $200 million VC fund and changed the name of the firm from Mastry Ventures to Mosaic General Partnership. They are building a firm that will provide early-stage funding for enterprises of various industries such as software, fintech, and sports companies. This is not the only connection that Iguodala is keeping with the sports world.
The Golden State Warriors star has revealed that this is not his ultimate plan. In fact, his eyes are set on owning an NBA team, and that is what he is truly heading towards. However, for this, he stated that “The timing has to be right”. Fans now await and hope to see Iguodala owing a team and taking it to greater heights.
Andre Iguodala announced that he is retiring from the NBA
The NBA community is left in shock as Andre Iguodala announces his retirement after an iconic 19-year-long career. However, fans are excited as he is expected to make a return to the league. Not as a player, but as a proud owner of a team. After all, that is his “Ultimate Goal”, as revealed by Iguodala himself to The New York Times’ DealBook.
Furthermore, Iguodala made his debut in the league in 2004 after being picked by the Philadelphia 76ers. Over the next years, fans saw him donning jerseys, and leaving his imprint with each team that he played for. He has a long list of accolades which includes 4x NBA Championships, 1x Olympic Gold, 1x NBA Finals Most Valuable Player, and so on.
Notably, he was the oldest active player, and now this record is held by LeBron James, who’s jaw-dropped after finding out this information. He was a part of the basketball team at The University of Arizona and had a successful college career. Anyone who has watched him play would agree that he was a treasure to the league.
Over the years, he had impressive NBA career earnings. This is just another proof that he is one of the greatest players, and had an impactful career. As he moves forward and expands his horizons, fans await to see how success will follow him as he goes. Even though his basketball career has come to an end, his legacy remains the same.