Derek Jeter’s “Secret Society” Recently Came Back to Light After His Recent Investment Managed a $10mn Funding

After his glorious stint as the leader of the New York Yankees ended in 2014, Derek Jeter slowly plummeted into the world of business. His entrepreneurship career began with the initiation of a sports media venture, “The Players’ Tribune” in 2014. He allowed himself a three-year break from baseball before he chose to bid for the Miami Marlins in 2017 and eventually became their CEO.

After stepping down from the Marlins’ operational position this year, Jeter found himself tied up with the $50 million net-worth entrepreneur Brian Lee and a few other investment firms to invest in a trading card platform called Arena Club.

Derek Jeter and his new venture weren’t the most acceptable in the Yanks’ dugout

Derek Jeter’s Arena Club recently opened for a round of funding and successfully managed to raise $10 million as they aimed to expand. Recently, Bloomberg reported that collecting and trading cards wasn’t a newly ignited passion in Jeter’s life. In fact, he was trading and collecting cards since he was in Pinstripes. And when it wasn’t the most prevalent pass-time.

While talking about card collecting from his Yankee days, Jeter said, “It was almost a secret society. You’d have to whisper to someone like, oh, OK, you’re a collector too? Now it’s just become more mainstream.”

Read More: “Don’t Disrespect Jeter Like That..”- Hardcore New York Yankees Fans Turn on Aaron Judge Amid Rumors of Succeeding Derek Jeter as ‘Captain’

After selling The Players’ Tribune in 2019, and stepping down from an executive and heavily controlling position with the Marlins, the Arena Club is Jeter’s primary focus now.

Captain Clutch’s biggest step in the world of business

After a hiatus from baseball from 2014 to 2017, Derek Jeter involved himself in a bid for the Miami Marlins. After purchasing a 4% stake and becoming a minority owner, controlling owner Bruce Sherman promoted Jeter to the CEO position of the Marlins.

Jeter’s time with the Marlins was controversial. While they made their first playoffs after 18 years under Jeter, the trade of Giancarlo Stanton and Marcell Ozuna wasn’t the most appreciated across Florida.

Eventually, in 2022, Jeter hung up his Marlin booths and stepped down from the CEO position. Ever since Jeter’s availability, New Yorkers want to see him back in Pinstripes.

Watch This Story – Top-5 Most Electrifying Home Runs By New York Yankees Star Aaron Judge 

Will that ever happen? Let us know your predictions in the comments below.