Amazon will air 20 games per season of Overtime Elite, a basketball league for teenagers valued at $500 million.
Wednesday it acquired the exclusive broadcast rights to Overtime Elite, a social media-focused basketball league for teenagers, as Amazon expands its sports footprint and the startup league picks up yet another notable investor.The company also said it took part in Overtime Elite parent Overtime’s Series D funding round in August,Amazon founder Jeff Bezos, rapper Drake, NBA stars like Kevin Durant and private equity firm Blackstone.
It’s yet another investment into live sports from Amazon, which also airs select NFL, WNBA, MLB and British Premier League games exclusively on Prime. Amazon will broadcast 20 games per season for the next three years, the first of which will come Friday.Drive to Survive
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