Eldridge Capital Management invests in Overtime

Eldridge Capital Management, led by Todd Boehly, has announced a new strategic investment in the American company Overtime. While the specific amount of the transaction was not disclosed, the funding is intended to support Overtime’s expansion in content production, commercial revenue, technology, and live sports properties.

Overtime operates several sports-related entities, including the Overtime Elite basketball league, Overtime Select, and the OT7 American football competition. The company aims to leverage its position at the intersection of sports, media, and culture to reach younger audiences through authentic storytelling and innovation.

Eldridge Capital Management maintains a significant portfolio in the sports and entertainment sectors, including stakes in the Los Angeles Lakers, Los Angeles Dodgers, and Los Angeles Sparks. Other existing investors in Overtime include 359 Capital, Andreessen Horowitz, Blackstone Strategic Partners, and Liberty Media.