Last week we heard of former NFL Baltimore Ravens defensive lineman and Hawaii native Ma’ake Kemoeatu bringing SONIC Drive-In to his home state. Kemoeatu isn’t the only sports star making smart investments with his money. Plenty of athletes and celebrities are growing their savings by joining the franchising game.
This week it was announced that former Boston Celtics player and coach M.L. Carr joined the board of Healthy Acquisitions and UFood Grill. Carr is well-known for his 11-year-career in the ABA and NBA, celebrating two world championships with the Celtics and later becoming the team’s head coach. He became the minority owner of the NBA Charlotte Bobcats in 2004 and has served on several boards. Carr is a prominent entrepreneur and a strong advocate of health and fitness. Carr admires the UFood Grill concept as a profitable business opportunity for franchisees as well as being a viable healthy dining option for a health-conscious public.
The New Orleans Saints quarterback fell in love with Jimmy John’s while in college at Purdue University. Drew Brees signed on to open a Jimmy John’s franchise in New Orleans in 2010, bringing his favorite No. 9 sandwich down to his adoptive city. In 2014, after opening his third sandwich shop, Brees committed to opening 20 more Jimmy John’s stores in the Northshore area of New Orleans. Brees’ legendary quarterback work ethic transfers well to franchising as Brees stays completely engaged in his stores by attending training, emulating the franchise’s system, and making a delivery anytime he visits one of his stores. Jimmy John’s Gourmet Sandwiches is known for its freaky fresh food and its freaky fast delivery.
In 2011, Grand Slam tennis pro and four-time Olympic gold medalist Venus Williams signed on as a multi-unit area franchisee for Jamba Juice. Williams’ five stores in the Washington D.C.-Maryland area are an extension of her commitment to promoting a healthy and active lifestyle. She was brought onboard by Chairman, President, and CEO James D. White, who has been instrumental in transforming the smoothie company into a full-fledged healthy and active lifestyle brand of smoothies, juices, and food items. Williams is also a spokeswoman for Jamba’s Team Up for a Healthy America initiative, and she works hand-in-hand with Jamba Juice and store operating managers who handle the day-to-day operations of her stores.
The former NBA star whose career was cut short by a serious knee injury does impressive business. Jamal Mashburn owns more than 80 franchises, including a few restaurant giants. Mashburn is the owner of 40 Papa John’s locations, 38 Outback Steakhouses, and 4 Dunkin’ Donut shops. He also owns a number of car dealerships in Kentucky. Mashburn had wanted to be a businessman from a young age, and he used his basketball talent to open doors and meet influential people.
Peyton Manning is not only an official endorser for Papa John’s, he also owns 21 Papa John franchises in Denver, Colorado. Manning’s involvement with Papa John’s began in 2011 when he helped market the pizza company’s Super Bowl XLVI Coin Toss Experience. He signed on to franchise the brand in 2012, making the announcement in a commercial and encouraging others to franchise with the pizza company. The world’s third largest pizza company, Papa John’s is the Official Pizza Sponsor of the NFL.