Category: News

Tennis Fans Invest in the Future of the Sport with Commonwealth

Tennis enthusiasts now have an unprecedented opportunity to become active participants in the professional tennis circuit, thanks to Commonwealth, a sports investing platform. Commonwealth empowers fans to invest in the careers of rising tennis stars, providing financial support and fostering a sense of community.

CEO and co-founder Brian Doxtator explains that Commonwealth aims to address the challenges faced by young athletes seeking financial backing. “In many cases, funding is obtained through fragmented or predatory deals,” he says. “Commonwealth offers a solution that protects athletes from unfavorable terms and provides transparency in the use of funds.”

Commonwealth’s entry into tennis marks a significant milestone for the platform. Former player and Chief Tennis Officer at UTR Sports, Stephen Amritraj, joined Commonwealth as a strategic advisor, having witnessed firsthand the financial struggles faced by aspiring tennis players.

“There’s a massive problem of funding in tennis,” Amritraj says. “Commonwealth provides a solution that can unlock the potential of talented players who might otherwise struggle to pursue their dreams.”

Commonwealth’s first tennis signee is Garrett Johns, an All-American player from Duke University who recently embarked on his professional career. Johns expresses his gratitude for the support he receives from the Commonwealth community. “It’s not just about the financial assistance,” he says. “It’s about having a fan base that cares about my journey and provides encouragement.”

Commonwealth members invest in players starting at $50 per share. In addition to potential financial returns, they receive exclusive updates, attend in-person events, and gain an intimate understanding of the athletes’ careers.

“ROI is not the primary motivation for our members,” Doxtator says. “They want to be entertained, support something they care about, and enrich their lives. This allows us to offer athlete-centric terms that prioritize their well-being.”

The Commonwealth community fosters a sense of connection between investors and athletes. “Investors interact with players’ families and get to know them on a personal level,” Doxtator says. “It’s a unique opportunity to support someone’s dreams and feel like you’re part of something meaningful.”

As Commonwealth expands its tennis roster, Amritraj highlights the sport’s unique advantages for investors. “Tennis players compete frequently throughout the year, providing constant engagement and a strong sense of connection for fans,” he says.

The Commonwealth community values transparency, community, and fun. With the addition of tennis to its platform, Commonwealth offers tennis fans an innovative way to participate in the sport and support the next generation of stars.