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Andre Iguodala talks investing on CNBC Power Lunch

Andre Iguodala of the Golden State Warriors sat down with CNBC’s Power Lunch team last Thursday to discuss investment in Silicon Valley and a host of other topics ranging from the recent controversial Nike commercial, LeBron James moving to the Lakers to play in the same division as the Warriors, and and how Kevin Durant compares.

Below is the video of the interview and excerpts.

Here’s where Golden State Warriors’ Andre Iguodala is investing from CNBC.

Iguodala on investing and helping other players

“I’m going into my 15th season, so I’ve been able to see a lot of different things. I’ve been able to build a platform to where I’m known to be in the tech space. I’m in a position now to where I’m bringing other athletes along with me. So not only am I able to make an investment into a private company, but I’m also able to bring other guys into these deals with me and also give them that education.”

Iguodala on the Colin Kaepernick Nike Commercial

I think it speaks for itself. He’s saying to make a sacrifice to stand for something. I think what gets lost in translation is what this is all about. At the end of the day, this is all about everyone being treated equally and standing up to an issue that we have in the African American male community — which is the abuse that we’ve taken from our justice system. It’s not about protesting the national anthem, and we’re bringing light to that. If you look at the grand scheme, culture is moving product right now, especially apparel. Look at Micahel Jordan. Everyone wants to have that Michael Jordan influence, and that was from the culture. Air Jordan basketball shoes… I think he sold like $3 billion last year in just Micahel Jordan apparel and shoes. That’s a cultural influence, and they’re understanding that our community — the African American community — moves the culture, moves the thread when it comes to apparel, and that’s standing behind a community that has put Nike in the position that it’s in right now.

Iguodala on LeBron James in the same division with the Warriors

It’s going to be a lot of fun. I’m going to see him a whole lot more than I would like to, but actually, you prefer to play against the best competition. So at this point, he’s arguably the best player in the world. Kevin Durant is right there, I’m going to keep pushing Kevin to finally take him over this season. He’s doing some great things in the community. He’s representing not just himself, not just his team, but the entire NBA in the endeavors he has off the court.

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Adekunle Binuyo
Just a fanatical hoop head lost in the art and science of the game.
Adekunle Binuyo
Adekunle Binuyo
Adekunle Binuyo

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About Adekunle Binuyo

Just a fanatical hoop head lost in the art and science of the game.

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