National Football League (NFL)

Aaron Rodgers launches $50 million VC fund

Greenbay Packers quarterback Aaron Rodgers
Green Bay Packers quarterback Aaron Rodgers. Photo: Ronald Martinez/Getty Images

Aaron Rodgers and his fellow co-founders at Rx3 Ventures just announced a $50 million fund that will focus on consumer brands.

Details: Rx3 has already invested in several companies, including CorePower Yoga (studio chain), Hims (men's wellness) and VICIS (football helmets).

Report: SoFi to pay $400 million to put its name on new L.A. stadium

In this illustration, a birds eye view of a football green shows circles in the middle of the field.
Illustration: Lazaro Gamio/Axios

Private lender SoFi will pay roughly $400 million over 20 years to put its name on the new stadium that the Rams and Chargers will share in Inglewood, Calif., according to multiple reports.

Quick take: The price is in line with what MetLife pays annually for the rights to the stadium that the Giants and Jets share in East Rutherford, N.J.