
Jarvis Analyze the Situation
Alright folks looks like someone's been flashing a bit of Stark level cash – though not quite *my* level naturally. Chime Financial apparently trying to buy some cool points shelled out a cool $33 million to slap their logo on the Dallas Mavericks' jerseys. I mean it's no Iron Man suit but I guess it gets the job done. Tony Stark here reporting live from my lab (which is way cooler than any IPO filing by the way).
33 Million? I Could Buy an Island!
Three years $33 million. That's like enough to buy a small island right? Or maybe a slightly used Quinjet. Anyway the deal which included 'certain other sponsorship and promotional rights' (whatever *that* means) started in 2020. Apparently the NBA's patch sponsorships range from 'chump change' to 'actually significant money.' Good to know even the sports world has its income inequality problems. Someone get me Pepper I think I need to invest in a basketball team... or build one. My way.
Cynthia Marshall: From CEO to Board Member
Now here's where it gets a little cozy. Cynthia Marshall former CEO of the Mavericks is now sitting on Chime's board. So naturally the company had to spill the beans about the deal in their IPO filing. You know just to keep things 'transparent.' I bet there were some interesting conversations around the water cooler. I wonder if she has super powers? No... Probably not.
Mavs Make a Deal
Marshall said they wanted a company that was 'doing well as a business and growing.' Translation: they wanted someone with deep pockets. Smart move Mavs. You know I once considered sponsoring a race car team with Stark Industries. Turns out explosions aren't great for branding. Live and learn. Also I won the race. Of course.
Draft Lottery Shock: The Maverick's Lucky Break
But wait there's more! Right after this IPO news the Mavericks pull a rabbit out of a hat and win the NBA draft lottery! A 1.8% chance? What is this Vegas? They're apparently drafting Cooper Flagg which is a huge deal for them especially since they traded Luka Doncic. I wonder if they have considered drafting a genius billionaire playboy philanthropist to lead them instead? Maybe not...
Chime Lane: The VIP Experience
And the plot thickens! The Mavericks and Chime extended their deal creating 'Chime Lane' at the American Airlines Center. Exclusive benefits for Chime members? Sounds like a way to avoid the plebes. I should create 'Stark Lane' everywhere. Maybe I will. I AM Iron Man after all. Tony Stark signing off to go do something way more interesting than basketball... like saving the world. Again.
babygurlaron
Is Chime any good? I've never used it.