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Michael Jordan Invests In DraftKings, Becomes Advisor To Company’s Board

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Dade Hayes Finance EditorMichael Jordan, the NBA immortal who is chairman of the Charlotte Hornets, has taken an equity stake in sports betting firm DraftKings and become a special advisor to the company’s board of directors.In a press release, the company said Jordan will be “providing guidance and strategic advice to the board of directors on key business initiatives.” Terms of his investment were not disclosed.Jordan has been a more visible figure in 2020 than in just about any time during his two decades of retirement.

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