NBA Legend Derek Fisher and Leading Media, Entertainment and Sports Attorney Sandy Fox Join the Luxury Asset Capital Sports & Entertainment Group

DENVER–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/luxuryassetcapital?src=hash” target=”_blank”gt;#luxuryassetcapitallt;/agt;–Luxury Asset Capital™, a leading provider of alternative financing,
today announced the formation of its Sports & Entertainment Group and
that NBA legend Derek Fisher and leading media, entertainment and sports
attorney Samuel “Sandy” Fox have joined the group.

Luxury Asset Capital is a private, family-office owned lender to
high-net-worth individuals, wealthy families, and entrepreneurs in need
of capital, unlocking the equity in a wide range of assets that are high
in value but typically low in liquidity. Its Sports and Entertainment
Group works exclusively with athletes, entertainers, and their trusted
advisors to provide short term capital from approximately $50 thousand
to $5 million in a few days using a professional athlete’s or
entertainer’s luxury assets, guaranteed contracts, retirement accounts
or pensions as collateral.

“Even individuals with substantial wealth and earnings face situations
where easily gaining access to substantial amounts of short-term capital
in a few days can be a major challenge, and we specialize in helping
athletes and entertainers overcome that challenge,” said Dewey Burke,
President and CEO of Luxury Asset Capital, and former University of
North Carolina basketball player. “Derek Fisher and Sandy Fox are among
the most knowledgeable people in the sports and entertainment world
regarding the financial pressure professional athletes and entertainers
face, and the most trusted. They are uniquely positioned to deliver the
value of Luxury Asset Capital’s short-term liquidity solutions to the
community of current and former athletes and entertainers that they know
so well.”

The demands on the time, resources, and finances of athletes and
entertainers are significant. Opportunities and challenges can arise at
any time, and the funds required to handle them successfully may not be
immediately available. Typical situations include financing luxury
purchases, investments, relocation expenses, assisting family members
with expenses, or unexpected expenses ranging from taxes to medical
bills. The Luxury Asset Capital Sports & Entertainment Group makes it
easy to obtain $50 thousand to $5 million or more within days through
loans that typically range from 4-6 months but can be longer, until cash
flow is restored or longer-term financing is arranged.

Derek Fisher, Executive Vice President of Luxury Asset Capital Sports &
Entertainment, and one of the most respected figures in professional
sports, a five time NBA champion player, NBA and WNBA head coach, player
representative and head of the National Basketball Players Association
(NBPA) stated: “I know firsthand the financial challenges and situations
athletes face both during and after their careers, and how the need
arises for a range of financial approaches to meet them. Many times over
the past 20+ years I have seen current and former players either miss
opportunities or endure hardships due to cash-flow problems that easily
could have been avoided through Luxury Asset Capital. I joined the firm
to help ensure that the professional athlete community is aware of
financial alternatives that can really simplify their lives.”

Sandy Fox, Executive Vice President of Luxury Asset Capital Sports &
Entertainment, and leading media, sports and entertainment attorney
stated: “My entire career has been based on trust, service and the
desire to do good, primarily working with talented entertainers and
athletes that bring so much joy and excitement to us all. These are busy
people, much more focused on their demanding professions than financial
services options. In Luxury Asset Capital, Dewey and Derek I have found
partners that align perfectly with how I advise my clients and lead my
life. I am proud to work alongside them to bring this valuable
capability to a special community.”

ABOUT LUXURY ASSET CAPITAL
Luxury Asset Capital is a leader
in the alternative financing market. We are a private, family-office
owned lender to individuals and businesses in exchange for luxury assets
that are held as collateral, when traditional channels of financing are
either too slow, invasive, burdensome or, in some cases, unavailable. We
unlock the equity in a wide range of assets that are high in value but
low in liquidity and execute transactions from thousands to millions of
dollars in as little as one business day. www.luxuryassetcapital.com

Contacts

Media:
Bill Fallon
bfallon@keatingco.com
+1
973 768 6764