Thursday, August 2, 2018
Los Angeles Dodgers Launch Venture Focused On Youth Sports
The Los Angeles Dodgers, along with Elysian Park Ventures, the private investment firm created by the ownership group behind the Los Angeles Dodgers specifically for investments in entrepreneurs in the areas of sports, technology, and entertainment, have launched and funded a new venture called E|L1. According to the Dodgers, E|L1 was founded by former Seattle Mariners Prospect, Aaron Trolia, and will focus on youth sports, and providing professional instruction and resources for existing youth teams, athletes and their coaches. The venture is supported by the Los Angeles Dodgers, Nomar Garciaparra and Elysian Park Ventures. Details on the investment in E|L1 were not announced. According to the Los Angeles Dodgers, the new startup will address challenges facing youth athletes, families, and coaches, with a new approach to instruction, administration and cost. The Dodgers said that the venture will initially launch in conjunction with the GBG Training Academy in Redondo Beach, which will become the first "Dodgers Training Academy", powered by E|L1; the group says it will power additional Dodgers Training Academies in the greater LA area. In particular, the Dodgers said those academies will accommodate players and families who may not be able to afford the high price of other elite sports academies.