Jordan to join Divine's board
Ex-Bull to help showcase emerging businesses

Chicago Tribune
By Rob Kaiser
Tribune Staff Writer
March 14, 2000

The all-star list of Divine Interventures backers has added a real All-Star.

Michael Jordan is joining Microsoft Corp., Dell Computer Corp. and CMGI Inc. on the board of directors of Divine, a Lisle-based operating company that invests in Internet-related businesses.

A press release from Jordan's Jump Inc. said the former Chicago Bull will work with Divine on "showcasing regional emerging business initiatives" and efforts to bridge the digital divide between technology haves and have-nots.

The release didn't say whether Jordan invested in Divine. A spokesman for Jordan at SFX Entertainment Inc. in Washington couldn't be reached for comment.

"At this stage in my life, as I transition from a professional athlete to business and family, I want to be at the forefront of the growth of the new economy," Jordan said in the release. "In evaluating new business ventures, I was looking for the right combination of a technology company with a community conscience. By joining the Divine team, I will be able to enhance my understanding of this space and will be able to impact others, particularly kids, to play a key role in the evolution of this exciting new world."

This is the second Chicago-area Internet venture to get Jordan's name behind it. Jordan, who is president of basketball operations for the Washington Wizards, also is backing on-line sporting goods retailer MVP.com, as are football star John Elway and hockey great Wayne Gretzky.

Divine, which is headed by Andrew "Flip" Filipowski, the former chief executive of Platinum Technology Inc., plans to invest in on-line business-to-business companies and Internet infrastructure firms. A spokeswoman from Divine declined to comment on the announcement because of the quiet period associated with the company's coming initial public offering.

Divine hopes to raise as much as $460 million in the offering, which will likely take place in April.