There is never an off day for Stephen Curry. The Golden State Warriors superstar is one of the savvy investors coming out of the NBA world. Throughout the history of the league, the big names always tried their luck off the court and often reaped benefits out of it. For instance, Michael Jordan and LeBron James. In that lineup, Steph has also proved that he is a shrewd businessman. As a mark of it, he recently made a massive $8.5 million plunge.
Thirty Ink, Steph’s enterprise, made a real estate purchase worth $8.5 million near the Dubs’ home Chase Center. Up until the involvement of the superstar, the two-story masonry was hidden from the eyes of San Francisco locals for more than 50 years. Notably, the company bought the place for an amount six times more than the value for which it was sold in 2021, as per SFChronicle.com. Thirty Ink proposed to build a 5-story building after the demolition of the existing masonry.
In a statement shared with SF Chronicle, the enterprise will move its headquarters to this new place and it will accommodate the superstar’s 8 businesses and 13 entities. Moreover, the statement listed the facilities that the enterprise offers which are, “Spanning
across athlete management, brand, fitness, lifestyle, impact, media, philanthropy, and technology with a shared mission to Elevate the Under.”
Looking back at the man with a reported net worth of over $160 million, he has made plenty of investments off the court. Notably, SC30 is a player management initiative to help the upcoming stars with mentoring on businesses, investments, and philanthropy. The star rookie Scoot Henderson is one of the benefited entities under that firm. Apart from that, Stephen Curry owns a production company, a bourbon company, and many more.
Moreover, the proposed plan to bring in office space, lab space, art space, and a three-bedroom unit in the fifth room speaks volumes about the superstar’s plans in the business field.
Is Stephen Curry giving a glimpse of a retirement plan?
Not every player can play for more than 20 years and still get paid in a lump sum unless it’s LeBron James. While Steph hasn’t lost his touch on the hardwood, he is definitely heading into the last leg of his playing years. And, the superstar’s expansive purchase only hints at his plans after his retirement.
During the 2023 off-season, Steph launched his own bourbon brand, Gentleman Cut, making his entry into the list of alcohol brands that NBA players have commenced. And, before even setting foot in the 2024 off-season, he has already made a huge purchase to organize his businesses. The superstar could be even eyeing to transform his budding enterprise into a conglomerate in the coming years.
While he swung his golf club and went on vacation with his Ayesha Curry, she also has built her own brand in the beauty and wellness industry. On top of it, they have collaborated and formed Eat. Learn. Play foundation to provide food and education to the lesser privileged in the Bay Area.
Will Stephen Curry announce his retirement early following his massive business move? Let us know in the comments below.