Twitter: Dak just scored big on one of his investments

[Hawkeye0202]

Good for him .........





https://www.forbes.com/sites/kurtba...e-with-800-million-cholula-sale/?sh=5188934b2

EDITORS' PICK|3,804 views|Nov 24, 2020,11:55am EST
Dwyane Wade, Travis Kelce, Dak Prescott Are Among Athlete Investors Scoring With $800 Million Cholula Sale
Kurt BadenhausenForbes Staff
SportsMoney
I write about the business of sports.

 

[plymkr]

That's awesome for Dak. I'm glad something worked out well for him especially after breaking his ankle. Recovering from a serious injury is a little easier with more income coming in.

 

[Tangle_Foot]

So does this mean he's going to sign a team-friendly deal or not

 

[big dog cowboy]

Kelce, Schwartz and a handful of other high-profile athletes, such as Dwyane Wade, Victor Oladipo, J.J. Watt, Dak Prescott and Ryan Tannehill, invested in the hot sauce as part of private-equity firm’s L Catterton’s purchase of the brand in April 2019. L Catterton and its initial investors are expected to generate a massive return of roughly four times their investment, according to one source; the negotiations were first reported Monday by the Wall Street Journal.

4 times? That's pretty good.

 

[Risen Star]

Probably illegal.

 

[Risen Star]

That's awesome for Dak. I'm glad something worked out well for him especially after breaking his ankle. Recovering from a serious injury is a little easier with more income coming in.

Yeah I can't imagine what he's going through. Let's pray for him.

 

[MWH1967]

Probably illegal.

 

[PAPPYDOG]

Yeah I can't imagine what he's going through. Let's pray for him.

Yes, Pray for our KING.....

 

[InTheZone]

I guess all the people defending his contract negotiations can no longer say he doesnt have Gisele money...

 

[acr731]

That's awesome for Dak. I'm glad something worked out well for him especially after breaking his ankle. Recovering from a serious injury is a little easier with more income coming in.

Did he not have enough money before the injury? He's on a 35 mil tag if I remember correctly. He was hardly stressing from the cost of medical bills.

 

[acr731]

Yeah I can't imagine what he's going through. Let's pray for him.

He's got it so bad he has to wipe his tears away with Benji's.

 

[blueblood70]

dak had 32mil for 4 games of work and now just hanging at the casa..he wasn't hurting for ramen money..

but yes given this info dak should give us the BRADY discount..sign 35 or under 6 years back loaded 100mil guaranteed, can be torn up and redone if he wins a SB within 3years..

 

[Aven8]

Dak be like, “It’s beginning to look like Christmas! Everywhere you gooooooo.......”.

 

[erod]

So he invested $500K and turned it into $2 million? $50K into $200K? $50 million into $200 million? $50 into $200?

Private equity investments vary greatly.