The company, and its investors, are betting that Overtime's built-in brand notoriety and audience will differentiate OTE from other upstart sports leagues that have failed. "Six percent of active NBA players are investors in Overtime at this point," Porter said, adding that five USA Olympic players are investors, including Kevin Durant, Khris Middleton, and Devin Booker. Overtime will offer each athlete, as young as 16, a minimum . Overtime Elite (OTE), the startup basketball league paying elite prospects six-figures to ditch high school and skip college, launched this weekend. Many high-profile investors such as Jeff Bezos and Drake invest in Overtime Streaming By Phillip Bupp on 04/22/2021 Just recently, sports media company Overtime announced a new basketball league. Overtime General Information Description. They can make additional cash. Sports-media startup Overtime has raised $80 million from investors including Amazon founder Jeff Bezos, rapper Drake, and Reddit cofounder Alexis Ohanian, The Wall Street Journal recently reported. Series C funding brings total amount raised by Overtime to US$140 million Portion of fresh capital to go towards guaranteeing player salaries and hiring more than 80 league employees for Overtime. About. Inside Overtime Elite, the start-up that's disrupting the basketball ... Overtime Sports Startup Raises Fund From Jeff Bezos, Drake ... - Deadline . Overtime Elite is backed by Jeff Bezos of Amazon and music artist Drake. Press Releases | Overtime Elite for high-level . "Overtime Elite is a welcome addition to Atlanta's rich sports tradition, elevating the city as a global center for basketball development and a cultural hub for people of all backgrounds," said Atlanta Hawks player and Overtime investor Trae Young. The company announced in April it had raised $80 million in new funding from a group of investors including Jeff Bezos, Drake and 25 NBA players including Trae . Carmelo Anthony invests in startup basketball league, Overtime Elite ...