Jeff Bezos joins Drake, NBA stars and others in $80M backing of Overtime sports media brand

– Jeff Bezos is among the investors taking part in an $80m funding round in Overtime, a sports media brand with plans to launch a new basketball league for elite high school players.
– The Amazon CEO’s investment company Bezos Expeditions took part alongside notable co-investors such as hip-hop star Drake, Reddit founder Alexis Ohanian, and a host of current and former NBA stars.
– Brooklyn, N.Y.-based Overtime calls itself “a publisher and an influencer” and has become a social media juggernaut in five years, with programming across YouTube, Facebook, Instagram, TikTok, Snapchat and more attracting 14 billion views a year.
– The company has raised more than $140m to date and runs a popular app and sells branded merchandise.