Former CNN president Jeff Zucker could lead billion-dollar sports investment fund: report
Zucker resigned from CNN in February after failing to disclose affair
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Former CNN president Jeff Zucker is in discussions to lead a $1 billion sports investment fund for RedBird Capital Partners, according to The Ankler.
RedBird recently partnered with Dwayne "The Rock" Johnson and Dany Garcia to purchase the XFL from Vince McMahon adding to recent partnerships with the YES Network, Fenway Sports Group, and AC Milan.
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(L-R) President and CEO of NBC Universal Jeff Zucker,former football player Tiki Barber, President of NBC News Steve Capus and Chairman of NBC Sports and Olympics Dick Ebersol attend a press conference where Barber was named NBC "Today" show correspo … (Peter Kramer/Getty Images / Getty Images)
Zucker was the president of CNN from January 2013 until his resignation this past February after he failed to disclose a consensual affair with CNN's Executive Vice President and Chief Marketing Offier Allison Gollust.
When he resigned from CNN, he also resigned as the chief of WarnerMedia News & Sports.
(L-R) President and CEO of NBC Universal Jeff Zucker, former New York Giants football player Tiki Barber, President of NBC News Steve Capus and Chairman of NBC Sports and Olympics Dick Ebersol attend a press conference where where Barber was named NB … (Peter Kramer/Getty Images / Getty Images)
According to The Ankler, Zucker was unlikely to return to the news because of the controversy, but many believed he could enter the world of sports or even Hollywood.
Zucker also "flirted with the idea of running for office."
CNN president Jeff Zucker (L) and Larry Fitzgerald meet during Capital One's The Match at The Reserve at Moonlight Basin on July 6, 2021 in Big Sky, Montana. (Stacy Revere/Getty Images for The Match / Getty Images)
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He also served as CEO and president of NBCUniversal, where he oversaw marketing for the Olympics. While with CNN, he did the same with Turner Sports, Bleacher Report, and AT&T SportsNet.