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11 athletes turned entrepreneurs

  • <p>(Photo by Christian Petersen/Getty Images) </p>
    1/12

    Athletes turned entrepreneurs

    (Photo by Christian Petersen/Getty Images)

  • <p>Venus Williams While she’s often overshadow in the tennis world by the lofty accomplishments of her sister Serena, Venus Williams may have the more impressive resume in business. The seven-time Grand Slam singles champion is the founder and CEO of the clothing line, EleVen and the interior design firm, V Starr Interiors. She is also the owner of Jamba Juice franchises. (Photo by Shaun Botterill/Getty Images) </p>
    2/12

    Athletes turned entrepreneurs

    Venus Williams While she’s often overshadow in the tennis world by the lofty accomplishments of her sister Serena, Venus Williams may have the more impressive resume in business. The seven-time Grand Slam singles champion is the founder and CEO of the clothing line, EleVen and the interior design firm, V Starr Interiors. She is also the owner of Jamba Juice franchises. (Photo by Shaun Botterill/Getty Images)

  • <p>Roger Staubach After retiring his helmet and pads, the Hall of Fame quarterback decided to compete in the real estate world. He initially worked for mogul Henry Miller Jr. for six years, before starting his own commercial real estate firm, The Staubach Company. He eventually sold it in 2008 for $613 million. (Photo by Todd Warshaw/Getty Images for NASCAR) </p>
    3/12

    Athletes turned entrepreneurs

    Roger Staubach After retiring his helmet and pads, the Hall of Fame quarterback decided to compete in the real estate world. He initially worked for mogul Henry Miller Jr. for six years, before starting his own commercial real estate firm, The Staubach Company. He eventually sold it in 2008 for $613 million. (Photo by Todd Warshaw/Getty Images for NASCAR)

  • <p>John Elway Besides leading the Denver Broncos to a win at Super Bowl 50 as general manager, and previously as quarterback in Super Bowls 32 and 33, Elway has been involved in several business ventures. He has owned two “Elway’s” steakhouses, five auto dealerships, and an Arena Football League team. (Photo by Ezra Shaw/Getty Images) </p>
    4/12

    Athletes turned entrepreneurs

    John Elway Besides leading the Denver Broncos to a win at Super Bowl 50 as general manager, and previously as quarterback in Super Bowls 32 and 33, Elway has been involved in several business ventures. He has owned two “Elway’s” steakhouses, five auto dealerships, and an Arena Football League team. (Photo by Ezra Shaw/Getty Images)

  • <p>Kristi Yamaguchi The gold-medal winning ice skater has used her fame and fortune to give back to the community. She founded the Always Dream Foundation, which invests in education and recreational activities for kids. She also launched a women’s clothing line Tsu.ya and part of its proceeds fund the organization. (Photo by Joe Scarnici/Getty Images for USOC) </p>
    5/12

    Athletes turned entrepreneurs

    Kristi Yamaguchi The gold-medal winning ice skater has used her fame and fortune to give back to the community. She founded the Always Dream Foundation, which invests in education and recreational activities for kids. She also launched a women’s clothing line Tsu.ya and part of its proceeds fund the organization. (Photo by Joe Scarnici/Getty Images for USOC)

  • <p>George Foreman While he may have initially made a name for himself in the boxing ring, he has since solidified his fame in the kitchen. The two-time world heavyweight champion famously created his own line of grills, which bear his name, and has also launched other ventures including environmentally friendly cleaning products and a clothing line. (Photo by Anthony Harvey/Getty Images) </p>
    6/12

    Athletes turned entrepreneurs

    George Foreman While he may have initially made a name for himself in the boxing ring, he has since solidified his fame in the kitchen. The two-time world heavyweight champion famously created his own line of grills, which bear his name, and has also launched other ventures including environmentally friendly cleaning products and a clothing line. (Photo by Anthony Harvey/Getty Images)

  • <p>Maria Sharapova Though her brand may have a taken a hit after she was suspended from tennis for two years for testing positive for a banned substance, the world’s highest paid athlete for more than a decade has many fruitful business ventures. She founded the premium candy company, Sugarpova, in 2013, which sold more than two million bags of candy in its first year. (Photo by Thomas Niedermueller/Getty Images) </p>
    7/12

    Athletes turned entrepreneurs

    Maria Sharapova Though her brand may have a taken a hit after she was suspended from tennis for two years for testing positive for a banned substance, the world’s highest paid athlete for more than a decade has many fruitful business ventures. She founded the premium candy company, Sugarpova, in 2013, which sold more than two million bags of candy in its first year. (Photo by Thomas Niedermueller/Getty Images)

  • <p>Wayne Gretzky The “Great One” is involved in several business ventures, including the “Wayne Gretzky’s” restaurant in Toronto and Wayne Gretzky Estates Winery. (Photo by Michael Loccisano/Getty Images) </p>
    8/12

    Athletes turned entrepreneurs

    Wayne Gretzky The “Great One” is involved in several business ventures, including the “Wayne Gretzky’s” restaurant in Toronto and Wayne Gretzky Estates Winery. (Photo by Michael Loccisano/Getty Images)

  • <p>Earvin Johnson In 1994, the Hall of Famer, in partnership with Sony Pictures Entertainment, got into the business of developing multiplex film entertainment centres. 20 years later, the movie theatre chain is going strong under the management of AMC Theatres. Magic Johnson is also the owner of as many as 30 Burger Kings. (Photo by Jerod Harris/Getty Images for SportsNet LA) </p>
    9/12

    Athletes turned entrepreneurs

    Earvin Johnson In 1994, the Hall of Famer, in partnership with Sony Pictures Entertainment, got into the business of developing multiplex film entertainment centres. 20 years later, the movie theatre chain is going strong under the management of AMC Theatres. Magic Johnson is also the owner of as many as 30 Burger Kings. (Photo by Jerod Harris/Getty Images for SportsNet LA)

  • <p>Rick Mirer While he is often considered one of the biggest NFL busts, former quarterback Rick Mirer has put together as successful second career. Mirer and his business partner founded Mirror Wine Company in 2008. (Photo by Jed Jacobsohn/Getty Images) </p>
    10/12

    Athletes turned entrepreneurs

    Rick Mirer While he is often considered one of the biggest NFL busts, former quarterback Rick Mirer has put together as successful second career. Mirer and his business partner founded Mirror Wine Company in 2008. (Photo by Jed Jacobsohn/Getty Images)

  • <p>Michael Jordan Arguably the greatest basketball player ever, has also carved out a fine business career. According to Forbes, Jordan has a net worth of $1 billion, with his ownership of the NBA’s Charlotte Hornets making up the largest chunk. Nike’s Jordan brand is also a financial titan, and it was responsible for $2.6 billion in shoe sales in 2014. (Photo by Elsa/Getty Images) </p>
    11/12

    Athletes turned entrepreneurs

    Michael Jordan Arguably the greatest basketball player ever, has also carved out a fine business career. According to Forbes, Jordan has a net worth of $1 billion, with his ownership of the NBA’s Charlotte Hornets making up the largest chunk. Nike’s Jordan brand is also a financial titan, and it was responsible for $2.6 billion in shoe sales in 2014. (Photo by Elsa/Getty Images)

  • <p>LeBron James and the Cleveland Cavaliers shocked the world when they beat the Golden State Warriors to capture the NBA championship in June. The win solidified his legacy and will likely only increase his earning potential. James has been open in his desire to join Jordan in the Billionaires’ club. And he may be getting close. In addition to his NBA paycheque, the three-time NBA champion signed a lifetime endorsement deal with Nike worth more than $1 billion, according to Business Insider. He also founded other ventures, such as Blaze Pizza and a media venture that got $16 million from Warner Bros last year. He also owns part of Liverpool FC. (Photo by Jason Miller/Getty Images) </p>
    12/12

    Athletes turned entrepreneurs

    LeBron James and the Cleveland Cavaliers shocked the world when they beat the Golden State Warriors to capture the NBA championship in June. The win solidified his legacy and will likely only increase his earning potential. James has been open in his desire to join Jordan in the Billionaires’ club. And he may be getting close. In addition to his NBA paycheque, the three-time NBA champion signed a lifetime endorsement deal with Nike worth more than $1 billion, according to Business Insider. He also founded other ventures, such as Blaze Pizza and a media venture that got $16 million from Warner Bros last year. He also owns part of Liverpool FC. (Photo by Jason Miller/Getty Images)

<p>(Photo by Christian Petersen/Getty Images) </p>
<p>Venus Williams While she’s often overshadow in the tennis world by the lofty accomplishments of her sister Serena, Venus Williams may have the more impressive resume in business. The seven-time Grand Slam singles champion is the founder and CEO of the clothing line, EleVen and the interior design firm, V Starr Interiors. She is also the owner of Jamba Juice franchises. (Photo by Shaun Botterill/Getty Images) </p>
<p>Roger Staubach After retiring his helmet and pads, the Hall of Fame quarterback decided to compete in the real estate world. He initially worked for mogul Henry Miller Jr. for six years, before starting his own commercial real estate firm, The Staubach Company. He eventually sold it in 2008 for $613 million. (Photo by Todd Warshaw/Getty Images for NASCAR) </p>
<p>John Elway Besides leading the Denver Broncos to a win at Super Bowl 50 as general manager, and previously as quarterback in Super Bowls 32 and 33, Elway has been involved in several business ventures. He has owned two “Elway’s” steakhouses, five auto dealerships, and an Arena Football League team. (Photo by Ezra Shaw/Getty Images) </p>
<p>Kristi Yamaguchi The gold-medal winning ice skater has used her fame and fortune to give back to the community. She founded the Always Dream Foundation, which invests in education and recreational activities for kids. She also launched a women’s clothing line Tsu.ya and part of its proceeds fund the organization. (Photo by Joe Scarnici/Getty Images for USOC) </p>
<p>George Foreman While he may have initially made a name for himself in the boxing ring, he has since solidified his fame in the kitchen. The two-time world heavyweight champion famously created his own line of grills, which bear his name, and has also launched other ventures including environmentally friendly cleaning products and a clothing line. (Photo by Anthony Harvey/Getty Images) </p>
<p>Maria Sharapova Though her brand may have a taken a hit after she was suspended from tennis for two years for testing positive for a banned substance, the world’s highest paid athlete for more than a decade has many fruitful business ventures. She founded the premium candy company, Sugarpova, in 2013, which sold more than two million bags of candy in its first year. (Photo by Thomas Niedermueller/Getty Images) </p>
<p>Wayne Gretzky The “Great One” is involved in several business ventures, including the “Wayne Gretzky’s” restaurant in Toronto and Wayne Gretzky Estates Winery. (Photo by Michael Loccisano/Getty Images) </p>
<p>Earvin Johnson In 1994, the Hall of Famer, in partnership with Sony Pictures Entertainment, got into the business of developing multiplex film entertainment centres. 20 years later, the movie theatre chain is going strong under the management of AMC Theatres. Magic Johnson is also the owner of as many as 30 Burger Kings. (Photo by Jerod Harris/Getty Images for SportsNet LA) </p>
<p>Rick Mirer While he is often considered one of the biggest NFL busts, former quarterback Rick Mirer has put together as successful second career. Mirer and his business partner founded Mirror Wine Company in 2008. (Photo by Jed Jacobsohn/Getty Images) </p>
<p>Michael Jordan Arguably the greatest basketball player ever, has also carved out a fine business career. According to Forbes, Jordan has a net worth of $1 billion, with his ownership of the NBA’s Charlotte Hornets making up the largest chunk. Nike’s Jordan brand is also a financial titan, and it was responsible for $2.6 billion in shoe sales in 2014. (Photo by Elsa/Getty Images) </p>
<p>LeBron James and the Cleveland Cavaliers shocked the world when they beat the Golden State Warriors to capture the NBA championship in June. The win solidified his legacy and will likely only increase his earning potential. James has been open in his desire to join Jordan in the Billionaires’ club. And he may be getting close. In addition to his NBA paycheque, the three-time NBA champion signed a lifetime endorsement deal with Nike worth more than $1 billion, according to Business Insider. He also founded other ventures, such as Blaze Pizza and a media venture that got $16 million from Warner Bros last year. He also owns part of Liverpool FC. (Photo by Jason Miller/Getty Images) </p>
Michael Shulman

The next chapter of Kobe Bryant’s career began on Monday and looks as though he might need to order new business cards.

The future NBA Hall of Famer reportedly revealed that he is partnering with 43-year-old Jeff Stibel, a longtime entrepreneur and investor, to create Bryant Stibel, a $200 million venture-capital fund that will invest in technology, media and data companies.

Both men are pitching in $100 million, which they expect to invest over the next few years. They are currently involved with sports website The Players Tribune, gaming designer Scopely, legal-services firm Legal Zoom, a home juicing product Juicero and a telemarketing-software firm Ring DNA.

In light of Bryant’s new business venture, here’s a look at some other athletes that have successfully parlayed earnings from sports careers into other ventures.