01-10-2023, 02:23 PM
After becoming an investor in the new women's volleyball league, Joe is now reportedly part of a new project - along with Sam Hubbard and a few other athletes.
'CINCINNATI (WKRC) - Bengals quarterback Joe Burrow and defensive end Sam Hubbard are reportedly part of a group of professional athletes buying farmland in Iowa to lease back to farmers.
According to FrontOfficeSports.com the group is purchasing a 104-acre, corn- and soy-focused farm in northern Iowa that was arranged by Patricof Co. seeking a single-digit percentage annual return on the investment.'
'CINCINNATI (WKRC) - Bengals quarterback Joe Burrow and defensive end Sam Hubbard are reportedly part of a group of professional athletes buying farmland in Iowa to lease back to farmers.
According to FrontOfficeSports.com the group is purchasing a 104-acre, corn- and soy-focused farm in northern Iowa that was arranged by Patricof Co. seeking a single-digit percentage annual return on the investment.'
Joe Burrow, Blake Griffin, and roughly 20 other athletes are purchasing a 104-acre farm in Iowa for roughly $5 million.
— Front Office Sports (@FOS) January 10, 2023
The group will eventually buy 4 more properties — leasing the land to farmers and seeking a single-digit-percentage annual return on the total investment.
