NBA star Giannis Antetokounmpo joins Calci as an investor

Milwaukee Bucks forward Giannis Antetokounmpo announced on Friday that he has joined predictions marketplace Calci as a shareholder, making him the first NBA player to invest directly in the company.

“The Internet is full of opinions. I decided it was time to offer some of my own,” the two-time NBA MVP said. In a post on social media. “Today, I will join Calci as a shareholder. We are all in Calci now.”

This announcement was not well received on social media. On RedditFor example, one user called it a “literal conflict of interest,” while another described everything as “cancerous,” and another asked, “Is this even allowed.”

According to The Athletic newspaperthe NBA’s latest collective bargaining agreement allows players to advertise and take stakes of up to 1% in sports betting companies, as long as they don’t promote league-related betting.

Kalshi said she will partner with Antetokounmpo on marketing and live events — and according to the company’s “strict terms of service prohibiting insider trading and market manipulation,” he will not be allowed to trade in NBA-related markets.