Michael Jordan joins DraftKings as special adviser

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Michael Jordan is taking an equity stake in DraftKings in exchange for becoming a special adviser to the sports betting and fantasy sports company.

Charlotte Hornets

. He will provide guidance and strategic advice to DraftKings' board of directors, according to a Wednesday morning news release. "Michael Jordan is among the most important figures in sports and culture, who forever redefined the modern athlete and entrepreneur," Jason Robins, CEO and co-founder of DraftKings, said in the release."The strategic counsel and business acumen Michael brings to our board is invaluable, and I am excited to have him join our team.

 

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