Lyons brings experience across sports, entertainment and media as an investor in the first-ever fan-owned professional sailing team
JACKSON, Wyo. – August 4, 2023 – FANVEST.io, a place for fans to “invest in what they love,” today announced media executive and motion picture producer Charlie Lyons invested in its new Fan Owned SailGP Team. Lyons officially committed to the team, as both an investor and an advisor, the same week it was announced two-time NBA All-Star Baron Davis had signed on as the team’s first celebrity athlete investor. Both new investors attended the recent Oracle Los Angeles Sail Grand Prix races, along with other members of the new team ownership base.
“SailGP is a dynamic new sports league that is expertly designed and managed by Russell Coutts’ vision,” Lyons said. “David Palmer is a master innovator, and the combination of SailGP and David’s vision for fan-owned and operated sports teams is a brilliant map for the future with many applications. It is always good to bet on great talent, and SailGP and David Palmer are the cream of the crop.”
Lyons was previously CEO of Ascent Entertainment Group, which at the time owned the Denver Nuggets and the Colorado Avalanche. While at Ascent, he led the purchase of the Quebec Nordiques and relocated the team to Denver to become the Avalanche. Lyons is also an established film and TV producer, currently serving as executive producer of Kevin Costner’s Western saga, Horizon. The first two movies are complete and in post-production.
As an entrepreneur and motion picture producer, Lyons has generated more than $2 billion in revenue, and has produced dozens of critically acclaimed films and plays including “Air Force One,” “The Water Horse,” “Open Range” and “Bring It On: The Musical,” which earned him two Tony Award nominations.
“Charlie’s unique vision and talent add great value to our investor pool,” Founder David Palmer said. “We’re thrilled to have him onboard as an investor and advisor while we grow our community of passionate investors and owners. His extensive experience in sports and entertainment brings valuable insights, and we appreciate his belief in our mission to empower fans to invest in their passions.”
To become a shareholder, fans must be accredited investors and commit from $5,000 to $200,000. The investment is tokenized on the NEAR Protocol for potential liquidity and authentication of ownership. The launch of the Fan Owned SailGP Team is tied to the closing of the transaction.
To learn more and join the exclusive community of Fan Owned SailGP Team investors, visit FanOwnedSailGPTeam.com. The information in this release is not financial or investment advice.*
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Media Note: A high resolution photo is available here (Credit SLiC Images).
FANVEST.io by Bernoulli | Locke is a place for fans to “invest in what they love.” FANVEST.io is built on the power of experiences to change lives, designed to offer new opportunities of “passion-investing.” Passion investors desire to have their investment portfolio reflect their passions and interests – including experiential benefits. The team at FANVEST.io has led hospitality, music, entertainment and sports experiential partnerships with many top properties and IP.
SailGP is the world’s most exciting racing on water. The global championship features national teams battling in short, intense races at iconic stadium-style venues across the globe. The high-tech, high-speed action features sailing’s best athletes racing in identical hydrofoiling F50 catamarans, flying at speeds approaching 100 km/h. SailGP also races for a better future, championing a world powered by nature. Visit SailGP.com for more information.
About NEAR Foundation
The NEAR Foundation is a Swiss nonprofit that supports the growth and development of the NEAR Protocol, a high-performance carbon-neutral blockchain that is designed to be super-fast, incredibly secure and infinitely scalable. NEAR Protocol is built by an award-winning team of engineers and entrepreneurs to be simple to use, inclusive and good for the environment.
About Bernoulli | Locke
Bernoulli | Locke is focused on creating and investing in member-based businesses organized around passions and experiences. We invite individuals to explore their interests in new ways by utilizing the tools of Web3 to create unique and innovative community engagement and to invest in and own businesses leveraging the benefits of a DAO to better serve their passions.
Mandy Holm / Jennifer Gordillo
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*This press release is issued solely for informational purposes and should not under any circumstances be relied upon when making a decision to invest in any equity tokens offered for sale by the Fan-Owned Sail Team LLC. This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any offer to sell or solicitation of an offer to buy will be made only to purchasers who establish that they are accredited investors under Section 506(c)(3) of the requirements of the U.S. Securities Act of 1933, as amended, and compliance with the applicable securities laws of any other jurisdiction in which such tokens may be offered or sold by the company. Equity tokens will only be offered to purchasers who have executed a confidentiality agreement with the company with the sale made pursuant to a confidential offering memorandum, subscription agreement and other critical related documentation.