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Brooklyn Nets Forward Trevor Booker Already Owns 18 Companies
The NBA has one of the highest percentage of former athletes that go broke following retirement. Trevor Booker is not trying to be on that long list of former millionaires to go bankrupt.
The Brooklyn Nets forward might be more successful off of the court than he is on it, as his work interests extend far beyond the hard court. Booker has wisely invested in real estate and owns 18 different companies that include sports academies, a private high school, a record label, and a VC firm.
“To say that I’m an entrepreneur is an understatement,” Booker told Business Insider.
It was with this in mind that Booker visited San Francisco and Silicon Valley this week with 13 other players on a tour organized by the National Basketball Players Association (NBPA). As part of the tour the players met with representatives of tech firms IBM, Intel and STRIVR.
For Booker, STRIVR was the highlight. The company is working on ways to train people using virtual reality headsets. It’s focused particularly on training college and professional athletes, giving them a chance to experience scenarios that might come up in games without having to break a sweat.
“I could definitely see myself using it as an athlete,” Booker said of STRIVR’s virtual reality training device. “They can help you shoot a game in real time and shoot it from your point of view.”
Booker’s tour of Silicon Valley was meaningful, not because of what he saw and learned, but the meet-and-greets that happened among the players themselves.
“One of the things that we brought up is that we don’t know what each other has going on,” Booker said about his fellow basketball players. “We wish that more [players] would take advantage of their resources to start business ventures and do something different.
“We can really help each other’s businesses, so that’s something we vowed to do.”
The 7-year veteran had a career year last season, averaging 10.0 points, 8.0 rebounds, and 1.9 assists on 51.6% shooting from the field.