Overtime (sports Network)
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Overtime is a sports media company geared towards
Generation Z Generation Z (or more commonly Gen Z for short), colloquially known as zoomers, is the Western world, Western demography, demographic Cohort (statistics), cohort succeeding Millennials and preceding Generation Alpha. Researchers and popular me ...
sports fan A fan or fanatic, sometimes also termed an aficionado or enthusiast, is a person who exhibits strong interest or admiration for something or somebody, such as a celebrity, a sport, a sports team, a genre, a politician, a book, a movie, a vid ...
s.  The company distributes original sports content on
social media Social media are interactive media technologies that facilitate the creation and sharing of information, ideas, interests, and other forms of expression through virtual communities and networks. While challenges to the definition of ''social medi ...
outlets, including
Facebook Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin M ...
,
Snapchat Snapchat is an American multimedia instant messaging app and service developed by Snap Inc., originally Snapchat Inc. One of the principal features of Snapchat is that pictures and messages are usually only available for a short time before the ...
, and
YouTube YouTube is a global online video platform, online video sharing and social media, social media platform headquartered in San Bruno, California. It was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim. It is owned by ...
and sells apparel with its logos and branding. In 2021, Overtime launched Overtime Elite, a professional basketball league for 16-19 year-olds. In 2022, Overtime launched OT7, a low-contact, seven-on-seven American football league.


History

Overtime was founded in late 2016 by Dan Porter and Zack Weiner. Initially, Overtime focused on short-form content of high school athletes captured on iPhone technology developed by Porter and Weiner. Overtime's social content helped grow the popularity of NBA stars including Zion Wiliamson and
Trae Young Rayford Trae Young (born September 19, 1998) is an American professional basketball player for the Atlanta Hawks of the National Basketball Association (NBA). He played college basketball for the Oklahoma Sooners. In 2017, he tied the then-reco ...
. The company has expanded its offerings to include medium and long-form content. In 2021, Overtime announced the launch of OT Films with docuseries on
Cade Cunningham Cade Parker Cunningham (born September 25, 2001) is an American professional basketball player for the Detroit Pistons of the National Basketball Association (NBA). He attended Bowie High School in his hometown of Arlington, Texas, before tran ...
and
Justin Fields Justin Skyler Fields (born March 5, 1999) is an American football quarterback for the Chicago Bears of the National Football League (NFL). Following a stint with Georgia, he played college football at Ohio State, where he twice won Graham–Ge ...
and a college athlete creator studio with its first project being an original series with ''Space Jam 2'' star Ceyair Wright. In February 2017, Overtime raised a $2.5 million seed round with
Greycroft Greycroft is an American venture capital firm. It manages over $2 billion in capital with investments in companies such as Bird, Bumble, HuffPost, Goop, Scopely, The RealReal, and Venmo. Greycroft was founded in 2006 by Alan Patricof, Dana Sett ...
and former NBA commissioner
David Stern David Joel Stern (September 22, 1942 – January 1, 2020) was an American lawyer and business executive who was the commissioner of the National Basketball Association (NBA) from 1984 to 2014. Stern oversaw NBA basketball's growth into one of ...
contributing. In February 2018, Overtime raised a $9.5 million Series A round with
Andreessen Horowitz Andreessen Horowitz (also called a16z, legal name AH Capital Management, LLC) is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. Andreessen ...
, BoxGroup,
Kevin Durant Kevin Wayne Durant ( ; born September 29, 1988), also known by his initials KD, is an American professional basketball player for the Brooklyn Nets of the National Basketball Association (NBA). He played one season of college basketball for t ...
, and returning investor Greycroft contributing. In February 2019, Overtime raised a $23 million Series B round with
Spark Capital Spark Capital is a venture capital firm in the United States, responsible for early-stage funding startups of consumer, commerce, FinTech, software, frontier, and media sectors. It has branches in San Francisco, Boston, and New York City. Hi ...
,
MSG Network The MSG Network (MSG) is an American regional cable and satellite television network, and radio service owned by MSG Entertainment, Inc.—a spin-off of the main Madison Square Garden Company operation (itself a spin-off of local cable provider ...
,
Sapphire Ventures Sapphire Ventures (stylized as SAPPHIRE) is a venture capital firm with offices in Menlo Park, San Francisco, Austin, and London. The firm is considered one of the world's premier venture capital firms. The firm primarily invests in Series B th ...
,
Victor Oladipo Kehinde Babatunde Victor Oladipo (born May 4, 1992) is an American professional basketball player for the Miami Heat of the National Basketball Association (NBA). He played college basketball for the Indiana Hoosiers, where in the 2012-2013 sea ...
,
Carmelo Anthony Carmelo Kyam Anthony (born May 29, 1984) is an American professional basketball player who last played for the Los Angeles Lakers of the National Basketball Association (NBA). He has been named an NBA All-Star ten times and an All-NBA Team me ...
,
Baron Davis Baron Walter Louis Davis (born April 13, 1979) is an American former professional basketball player who is a studio analyst for the ''NBA on TNT''. He was a two-time NBA All-Star, made the All-NBA Third Team in 2004, and twice led the NBA in s ...
, and returning investor Andreessen Horowitz contributing. In March 2019, Overtime announced a partnership with
MSG Network The MSG Network (MSG) is an American regional cable and satellite television network, and radio service owned by MSG Entertainment, Inc.—a spin-off of the main Madison Square Garden Company operation (itself a spin-off of local cable provider ...
to develop simulcasts for NBA games. In April 2021, Overtime raised an $80 million Series C round with
Jeff Bezos Jeffrey Preston Bezos ( ;; and Robinson (2010), p. 7. ''né'' Jorgensen; born January 12, 1964) is an American entrepreneur, media proprietor, investor, and commercial astronaut. He is the founder, executive chairman, and former preside ...
,
Alexis Ohanian Alexis Kerry Ohanian ( hy, Ալեքսիս Քերի Օհանյան; born April 24, 1983) is an American internet entrepreneur and investor. He is best known as the co-founder and executive chairman of the social media site Reddit along with Stev ...
,
Drake Drake may refer to: Animals * A male duck People and fictional characters * Drake (surname), a list of people and fictional characters with the family name * Drake (given name), a list of people and fictional characters with the given name * ...
,
Devin Booker Devin Armani Booker (born October 30, 1996) is an American professional basketball player for the Phoenix Suns of the National Basketball Association (NBA). He is the son of former basketball player Melvin Booker. After playing college basketba ...
,
Klay Thompson Klay Alexander Thompson (born February 8, 1990) is an American professional basketball player for the Golden State Warriors of the National Basketball Association (NBA). A four-time NBA champion with the Warriors, he is a five-time NBA All-Star ...
,
Trae Young Rayford Trae Young (born September 19, 1998) is an American professional basketball player for the Atlanta Hawks of the National Basketball Association (NBA). He played college basketball for the Oklahoma Sooners. In 2017, he tied the then-reco ...
, and
Pau Gasol Pau Gasol Sáez (, ; born July 6, 1980) is a Spanish former professional basketball player. He was a six-time NBA All-Star and a four-time All-NBA team selection, twice on the second team and twice on the third team. Gasol won two NBA champion ...
contributing. In March 2022, Overtime announced plans to launch a low-contact, seven-on-seven football league, OT7, with
Cam Newton Cameron Jerrell Newton (born May 11, 1989) is an American football quarterback who is a free agent. He has played for 11 seasons, primarily with the Carolina Panthers of the National Football League (NFL). Nicknamed "Super Cam", he is the NFL ...
investing in the league. OT7 officially launched in June 2022. In May 2022,
Daymond John Daymond Garfield John (born February 23, 1969) is an American businessman, investor, and television personality. He is best known as the founder, president, and chief executive officer of FUBU, and appears as an investor on the ABC reality telev ...
joined Overtime's board of directors. In August 2022, Overtime raised a $100 million Series D round with
Liberty Media Corporation Liberty Media Corporation (commonly referred to as Liberty Media or just Liberty) is an American mass media company controlled by chairman John C. Malone. The company has three divisions, reflecting the company's ownership stakes in Formula On ...
and returning investor Jeff Bezos contributing. In September 2022, Overtime announced a partnership with FootballCo to develop branded content for the
2022 FIFA World Cup The 2022 FIFA World Cup is an international association football, football tournament contested by the men's national teams of FIFA's member associations. The 22nd FIFA World Cup is taking place in Qatar from 20 November to 18 December 2022 ...
.


Overtime Elite

Overtime launched the Overtime Elite professional basketball league in 2021 for high school basketball players and international players between the ages of 16–19. Players receive a minimum salary of $100,000 annually, a signing bonus, and shares in Overtime's larger business. The company provides health and disability insurance and sets aside $100,000 in college scholarship money for each player if they decide not to pursue professional basketball afterwards. Overtime Elite built a 103,000 square-foot facility in Atlanta where players train, study, and compete. Athletes participate in an academic program featuring a 4:1 student-teacher ratio and a curriculum offering traditional high school subjects alongside life skill-related subjects in financial literacy, social media and other media training, and mental health and wellness. Overtime Elite consists of 27 players divided into three teams who compete against each other and prep and
postgraduate Postgraduate or graduate education refers to academic or professional degrees, certificates, diplomas, or other qualifications pursued by post-secondary students who have earned an undergraduate ( bachelor's) degree. The organization and stru ...
opponents. The three teams play in a playoffs and finals in March. In April 2021, Overtime Elite hired former NBA player,
University of Connecticut The University of Connecticut (UConn) is a public land-grant research university in Storrs, Connecticut, a village in the town of Mansfield. The primary 4,400-acre (17.8 km2) campus is in Storrs, approximately a half hour's drive from Hart ...
head coach, and NCAA Champion
Kevin Ollie Kevin Jermaine Ollie (born December 27, 1972) is an American basketball coach and former player. Kevin is the head coach for Overtime Elite, a professional basketball league co-founded by Dan Porter and Zack Weiner for top players between 16 and ...
as its first head coach and head of player development. In May 2021, Overtime Elite announced the signings of Matt and Ryan Bewley, the first prep underclassmen to sign contracts with an American professional basketball league. The league also signed Dominican guard
Jean Montero Jean Claudio Montero Berroa (born 3 July 2003) is a Dominican professional basketball player for Real Betis of the Liga ACB. He has previously played for CB Gran Canaria. Early life and youth career Born in Santo Domingo, Montero grew up playing ...
in June 2021 as its first international player and 16-year-old Jalen Lewis, the youngest American professional basketball player in history, in July 2021. In September 2021, Overtime Elite announced an exclusive partnership with
Topps The Topps Company, Inc. is an American company that manufactures chewing gum, candy, and collectibles. Formerly based in New York City, Topps is best known as a leading producer of American Football Card, American football, Baseball card, baseb ...
to create basketball trading cards on Overtime Elite athletes, marking the return of Topps to basketball trading cards. In October 2021, Overtime Elite announced
Gatorade Gatorade is an American brand of sports-themed beverage and food products, built around its signature line of sports drinks. Gatorade is currently manufactured by PepsiCo and is distributed in over 80 countries. The beverage was first develop ...
as a brand partner. In July 2022, Pau Gasol joined the Overtime Elite board.


OT7

Overtime launched OT7, a low-contact, seven-on-seven American football league with Cam Newton, in 2022. The first OT7 season was held in June 2022 in
Las Vegas, Nevada Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas ...
. The first season featured 18 seven-on-seven teams from around the U.S. Participants included top-ranked quarterbacks Malachi Nelson,
Dante Moore Dante Moore (born May 24, 2005) is an American college football quarterback who plays for the Oregon Ducks. He previously played for the UCLA Bruins. Early life and high school Moore was born in East Cleveland, Ohio and grew up in nearby Elyria ...
, Nico Iamaleava, and Jaden Rashida. Over 100 Power Five recruits participated in the first season. The South Florida Express defeated Cam Newton's C1N in the OT7 finals.


OTX

In February 2023, Overtime launched Overtime Boxing (OTX), which will debut as a four-event fight series in August 2023 at Overtime Elite Arena in
Atlanta, Georgia Atlanta ( ) is the capital and most populous city of the U.S. state of Georgia. It is the seat of Fulton County, the most populous county in Georgia, but its territory falls in both Fulton and DeKalb counties. With a population of 498,715 ...
. The events will be aired exclusively on
DAZN DAZN ( "da zone") is a global sports entertainment platform. Different to traditional linear and satellite broadcasting, DAZN is an over-the-top (OTT) streaming service meaning that it is delivered directly to viewers via the internet. The ...
. Nutrabolt and its drink brand C4 Energy were named the first sponsor in a multiyear deal.


References

{{Reflist


External links


Official Site
American sport websites Internet properties established in 2016