SeventySix Capital, the sports venture capital company that invests in sports tech, esports and sports betting companies, has introduced a new venture this week in the shape of SeventySix Capital Sports Advisory (Sports Advisory).
The newly launched outfit will advise top sports executives, leagues, organizations and athletes across the evolving landscape of sports management with a focus on esports, sports betting, media and social responsibility.
Leading the Sports Advisory is industry veteran Dan Bravato whose diverse background includes Van Wagner Sports, Dan Gilbert’s Family of Companies, Manchester City, and most recently, his own agency, Pitch 15 Sports Group.
“The mission of this organization aligns perfectly with the trajectory of the sports industry,” said Bravato. “SeventySix Capital’s experience across these sectors, coupled with our managing directors and alliance partners’ collective expertise, has us poised to help organizations and executives be on the forefront of this sports revolution.”
To date, the Sports Advisory has attracted industry experts to lead as Managing Directors for various practice areas. Leading the esports practice will be Bravato’s co-founder of Pitch 15 Sports Group Chris Yortsos, whose esports agency has worked with esports franchises/teams, traditional sports leagues and brands.
Evan Davis, former Vice President and General Counsel of Rivers Philadelphia Casino, will lead the sports betting practice.
General Partner of SeventySix Capital and former NBC, Comcast and Altice executive, Michael Schreiber, will lead the media practice along with Managing Director Rick Alessandri, formerly of ESPN, Univision and currently part of Turnkey Sports.
In addition to the practice leaders, the Sports Advisory is partnering with renowned business executives to help advise its client roster.
“As one of the leading venture capital investors in the sports industry, we have a window into what is happening next,” stated Wayne Kimmel, Managing Partner of SeventySix Capital and Chairman of Sports Advisory.
He added: “The Sports Advisory business has enabled us to activate our vast network of experts and work with sports leagues, teams, universities, athletes and media companies to become their trusted advisor and help them be one step ahead of their competition. Like on the venture capital side of the business, our Sports Advisory team led by Dan Bravato, is composed of passionate, smart, and nice people who want to change the world.”