Religion of Sports, Media Company Co-Founded by Tom Brady, Banks $50 Million to Expand Beyond Sports Content

variety.com:

Todd Spangler NY Digital EditorReligion of Sports, the sports media production company founded by Tom Brady, Michael Strahan and Gotham Chopra, announced $50 million in Series B funding.With the new investment, which brings the company to about $63 million raised to date, Religion of Sports plans to develop new intellectual property — including expanding into areas beyond sports like entertainment, business and music — as well as scale its creator network and increase global strategic partnerships.The Series B round was led by Shamrock Capital, with participation from Cerro Capital and previous investor Elysian Park Ventures (the investment arm of the L.A.

Dodgers). Other previous investors include LionTree, Advancit Capital and Courtside Ventures. “Religion of Sports has grown at a pace we could have only dreamed about five years ago,” Tom Brady, the seven-time Super Bowl champion quarterback currently signed with the Tampa Bay Buccaneers, said in a statement. “I look forward to what the future holds for us at Religion of Sports as we continue to expand our slate and pursue more collaborative projects with new partners.”Religion of Sports recently expanded into the NFT marketplace with ESPN’s “Man In the Arena: Tom Brady” series and through a partnership with Brady’s Autograph to release digital collectibles with Simone Biles.Earlier this year, Religion of Sports announced plans to develop, finance and produce a slate of sports-related content for multiple platforms, with projects across scripted TV, documentary and audio including its first scripted project, “The Owl,” a rags-to-riches story about an orphaned Mexican-American boxer.Religion of Sports, based in Santa Monica, Calif., was founded in 2017.