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Ben Simmons Buys 50% of Pro Sportfishing Team, Takes Over South Florida Sails

League officials say the deal gives him a 50% stake valued in the high seven figures.

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PHILADELPHIA, PENNSYLVANIA - NOVEMBER 22: Ben Simmons #10 of the Brooklyn Nets runs down the court during the game against the Philadelphia 76ers during the NBA Emirates Cup at the Wells Fargo Center on November 22, 2024 in Philadelphia, Pennsylvania. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by G Fiume/Getty Images)
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Overview

  • The Sport Fishing Championship confirmed the transaction closed last month, naming Simmons the controlling operator of the South Florida Sails.
  • Simmons will run team operations, attend tournaments and help make personnel decisions, and he will not compete as an angler.
  • He says he is not retired from basketball, remains a free agent, and is doing two-a-day workouts as he targets a possible return around the All-Star break or next season if ready.
  • The ownership group includes NBA guard Lonnie Walker IV, and the Sails were sold after a competitive bidding process from prior league operation.
  • Founded in 2021, the SFC fields 16 franchised clubs in a season-long points format for big-game species, with other athlete owners such as Scottie Scheffler, Randy Moss and Raheem Mostert.