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Overtime Sports Startup Raises Fresh Funds From Jeff Bezos, Drake, Dozens Of NBA Players

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Brooklyn-based sports startup Overtime has raised $80 million in Series C funding from investors including Bezos Expeditions (the personal investment company of Jeff Bezos), Drake and more than 25 current and former NBA stars including Trae Young, Devin Booker, Klay Thompson and Pau Gasol.In total, Overtime, which was founded in 2016, has now raised more than $140 million in funding.It also has 50 million social media followers and crosses verticals from content to e-commerce, its sports app, and live events.

It said the fresh funds will go in part to develop new basketball league OTE (Overtime Elite), guaranteeing salaries for athletes and hiring a staff 80 league employees to launch an inaugural season in September.The funding round was

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