Prompted by a dinner conversation about their mutual passion for tequila and the attributes the spirit should hold, former NBA star Michael Jordan -- the owner of the Charlotte Hornets -- and one co-owner each from the LA Lakers, Milwaukee Bucks and Boston Celtics, along with the latter's wife, decided to jointly create that tequila. Today, their super-premium anejo Cincoro tequila retails for $130 per bottle and features agave hand-picked from Jalisco, Mexico, where it also distilled, then aged in former American whiskey barrels.

Many athletes -- Colin Kaepernick and Stephen Curry, for example -- use the celebrity platform to raise awareness about racial inequality and create opportunities for minority youth, writes LZ Granderson. Trayvon Martin's 2012 death was a catalyst for major action, including the formation of former President Barack Obama's My Brother's Keeper nonprofit, Granderson writes.

Basketball legend Michael Jordan led a funding round that raised $26 million for esports ownership group aXiomatic. Declaration Capital, the family office that invests for David Rubenstein, co-founder of The Carlyle Group, joined the round.

Wieden+Kennedy New York's new spot for Nike's Jordan brand shows the recreation of Michael Jordan's iconic 1980s​ "Wings" ​poster, but this time featuring WNBA star Maya Moore. The ad is running across social, out-of-home and on the Nike + Snkrs app.