Schroder becomes the majority shareholder of his hometown team

2018-02-27T16:13:53+00:00 2018-02-27T16:23:42+00:00.

admin69

27/Feb/18 16:13

Eurohoops.net

Schroder is joining the Lowen GmbH as the majority shareholder to help out his hometown team.

By Eurohoops team/ info@eurohoops.net

Dennis Schroder is fulfilling his wish to help out Basketball Lowen Braunschweig, his hometown team.

The 24-year-old, who a signed four-year, $70-million contract with Atlanta Hawks in 2016, is joining the Lowen GmbH as the majority shareholder as Braunschweiger Zeitung reported. He is going to help deal with the increased share capital for the next season. Instead of the previous 100,000 euros, the Basketball Bundesliga demands from each of the 18 clubs in the future a deposit of 250,000 euros.

Looks like Schroder is doing good on the plans for the German team that he spoke of earlier this month while visiting his hometown during the All-Star Game break:

We want to build a top-five team here in Germany. That’s my dream because I come from Braunschweig“, he said amongst other things.

 

Click here for more NBA news

×