Jamal Mashburn, a 53-year-old former NBA player who enjoyed a 12-season career averaging 19.1 points per game and earning an All-Star selection, is reportedly in negotiations to become an investor in the AS Monaco basketball club.
Following his successful basketball career, Mashburn transitioned into business, making significant investments in various ventures. These include automotive dealerships, particularly Toyota franchises, restaurant chains such as Papa John’s and Dunkin’ Donuts, and real estate developments.
Mashburn was previously involved in a consortium with Rick Pitino, who was then the coach of the Greek national team, and Stu Jackson, a former NBA Vice President. This group acquired the French club Pau-Lacq-Orthez in 2021. However, Mashburn reportedly withdrew his involvement relatively quickly as the project faced difficulties.
Recent reports indicate that the American businessman met with Euroleague officials during his time in Athens. He was also observed in the company of Oleksiy Yefimov, the General Manager of AS Monaco.
According to Nice Matin, “Based on our information, Mashburn could join ASM in a strategic advisory role, with the possibility of becoming even more broadly involved in the club’s long-term development project.”
Jamal Mashburn in Discussions with AS Monaco for Investment
Jamal Mashburn, a former NBA standout, is reportedly in discussions to become an investor with the AS Monaco basketball team. The 53-year-old, known for his 12-season NBA career where he averaged 19.1 points and was a one-time All-Star, has a diverse business portfolio.
Mashburn has successfully ventured into various business sectors, including owning Toyota car dealerships, investing in popular restaurant franchises like Papa John’s and Dunkin’ Donuts, and engaging in real estate. This business acumen could be a valuable asset for AS Monaco.
Previously, Mashburn was part of a consortium that acquired Pau-Lacq-Orthez in 2021, alongside Rick Pitino and Stu Jackson. However, his involvement reportedly ended shortly after due to challenges within that project.
Mashburn was recently seen in Athens, where he met with Euroleague representatives. He was also spotted with AS Monaco’s General Manager, Oleksiy Yefimov, fueling speculation about his potential involvement with the club.
Nice Matin reports that Mashburn might join AS Monaco in a strategic advisory capacity, with the potential for deeper involvement in the club’s future growth plans.
