NEW YORK ¨C Derek Jeter is raising $15 million for The Players¡¯ Tribune, a website formed by the former New York Yankees captain to host articles and videos by professional athletes.
The New York-based digital media company filed a notice with the Securities and Exchange Commission on Friday stating that it had raised $9.5 million from four investors. It¡¯s seeking another $5.5 million through the private stock sale, which began late last month.
Jeter, who spent two decades playing shortstop for the Yankees, formed The Players¡¯ Tribune last year as he retired from Major League Baseball.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.