Rapper Quavo Acquires Minority Stake in Sportswear Brand Legends

For Quavo, getting to the money never stops.

The rapper shared that he has partnered with sportswear brand, Legends, where he’s acquired a minority stake in the company that includes investors like Matt Barnes, Willie McGinest, Steve Nash, and Baker Mayfield, reports Complex.

 

View this post on Instagram

 

Humbled to announce our latest investor and collaborator. @quavohuncho. Since 2018, we’ve worked with Quavo to merge culture and sports through product creation, building youth athletic programs, and hosting philanthropic events. Together, we’ll continue to introduce high-quality performance apparel that helps the next generation of athletes look and feel good on and off the court. We’re just getting started. Now, we can officially say WELCOME TO THE FAM. #WeAreLegends

A post shared by Legends (@legends) on Nov 10, 2020 at 10:07am PST

“I’m excited to officially be a part of the Legends family,” he said, according to Complex. “Legends is about striving to be the best no matter what it takes, fighting to get to the top. The team is already shaking up the game with performance gear that fits the look and lifestyle of the new age athlete. Now we’ll take it to the next level.”

To commemorate his investment deal, Quavo sent some exclusive Quavo x Legends gear to his fellow Migos members, Offset and Takeoff, plus Justin Bieber, Post Malone and Pharrell.

“Quavo is the perfect fit for the LEGENDS brand based on his background in both sports and entertainment, and as a trendsetter in the fashion and pop culture worlds,” said Scott Hochstadt, founder of Legends. “We’ve enjoyed a great relationship with Quavo for almost two years, and are excited to officially welcome into the LEGENDS family of investors.”

Although this is a new investment, Quavo also previously teamed up with the brand for his Huncho Celebrity Charity Basketball Game.

Looks like Quavo won’t be slowing down when it comes to music or investments anytime soon.