According to the Washington Post, Yo Gotti is apart of a group investing in Major League Soccer team D.C. United. According to the article, Gotti is joining forces with executive Eyob “Joe” Mamo and several other people in the national business sector to invest in the team.
The deal is pending league approval, according to three people, who requested anonymity to speak on the matter. But if finalized the group will have a six percent stake in the soccer team.
Yo Gotti was a guest at the MLS All-Star Game last month in Los Angeles and was seen meeting with Commissioner Don Garber.
The music mogul has known United’s co-chairmen, Jason Levien and Steve Kaplan, for many years. Yo Gotti is from Memphis; Levien and Kaplan are former investors in the NBA’s Memphis Grizzlies.
United has been seeking to raise capital to develop land on the east side of Audi Field; finish the FanDuel sportsbook in the north end of the stadium; expand premium spaces; and complete the new training headquarters in Leesburg.