Randolph owns a small percentage of the …

Randolph owns a small percentage of the Phoenix, and like the other NBA players who have bought into the NBL, he has entered into a mutually beneficial arrangement by investing with a friend in a franchise. The players buy proximity to the nerve center of a professional sports team, and the franchise gets an association with a brand-name NBA player. “It gives you confidence that you are on the right track and that there are others who share your vision who have done it before,” said Craig Hutchison, chairman of Melbourne United.