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5 businesses owned by Alonzo Mourning

Beyond basketball: The diverse business portfolio of Alonzo Mourning

by Adenike Adeodun

Alonzo Harding Mourning Jr., born on Feb. 8, 1970, has made a significant mark on professional basketball, both as a distinguished player and an executive. Since June 2009, he has been serving as the Vice President of Player Programs and Development for the Miami Heat, where he spent the majority of his 15-year career in the National Basketball Association (NBA).

Mourning’s basketball journey began at Indian River High School, where his exceptional skills led the team to 51 consecutive victories and a state championship in his junior year. His senior year statistics were remarkable, averaging 25 points, 15 rebounds, and 12 blocks per game. His outstanding performance earned him Player of the Year honors from USA Today, Parade, Gatorade, and Naismith, making him the top recruit of the 1988 class. This distinguished ranking placed him above notable peers such as Christian Laettner, Shawn Kemp, Billy Owens, Kenny Williams, Stanley Roberts, Rick Fox, and Malik Sealy.

At Georgetown University, under the guidance of Coach John Thompson, Mourning made an immediate impact. He started all 34 games as a freshman, averaging 13.1 points and 7.3 rebounds per game. Notably, he led the nation with 169 total blocked shots and an average of 5.0 blocks per game, setting NCAA records for a freshman.

During his time at Georgetown, Mourning’s abilities continued to evolve. Although his shot-blocking saw a decline due to the emergence of teammate Dikembe Mutombo, he reclaimed his position as the starting center by his senior year, delivering a stellar performance that included averaging 21.3 points, 10.7 rebounds, and 5.0 blocks per game. His achievements during this period were recognized with numerous awards, making him a standout player in college basketball.

He concluded his college career with remarkable achievements, amassing 2,001 points and 1,032 rebounds. This accomplishment placed him in the elite circle of players who have reached both the 2,000-point and 1,000-rebound milestones in their college careers. 

Following his successful college career, Mourning was chosen as the second overall pick in the 1992 NBA draft by the Charlotte Hornets. In his debut season, he was honored with a selection to the league’s all-rookie team after posting averages of 21.0 points, 10.3 rebounds, and 3.47 blocks per game. Mourning’s outstanding performance earned him a close second place in the Rookie of the Year voting to Shaquille O’Neal and set the record for the highest scoring average by a rookie in Hornets’ history. 

Mourning quickly became a pivotal player for the Hornets, breaking the franchise’s blocked shot records and becoming its all-time career leader in blocked shots just 49 games into the season.

Mourning’s tenure with the Hornets ended in 1995 when he was traded to the Miami Heat. In Miami, he signed a seven-year contract worth $105 million and contributed significantly to the team’s success, including a franchise-record 61 wins in the 1996–1997 season and earning two consecutive Defensive Player of the Year awards.

Mourning’s career faced a significant challenge when he was diagnosed with a serious kidney disease following his participation in the 2000 Summer Olympics. Though initially sidelined for the season, Mourning made a courageous return to help the Heat secure 50 wins, although the team was defeated in the first round by the Hornets.

Mourning played 75 games in the 2001–2002 season, earning his final All-Star selection, but the Heat missed the playoffs. The 2002–2003 season saw Mourning sidelined by his kidney condition, significantly impacting the Heat’s performance.

In July 2003, Alonzo Mourning embarked on a new chapter with the New Jersey Nets, signing a four-year contract. However, his journey took an unexpected turn when he retired from the NBA on Nov. 24, 2003, after only 12 games, due to complications from his kidney disease. A significant milestone in his life came on Dec. 19, when he underwent a successful kidney transplant. The transplant was made possible because his cousin, Jason Cooper, donated one of his kidneys to him when he heard that Mourning was retiring because of a kidney disease. 

By 2004, Mourning was back on the basketball court, joining the Nets for the 2004–05 season after participating in 30 games. Despite this comeback, he was traded to the Toronto Raptors along with Eric Williams and Aaron Williams for Vince Carter on Dec. 17, 2004. Mourning, however, never joined the Raptors, leading to a buyout of his contract for $9 million on Feb. 11, 2005, as he did not meet the team’s medical conditions to play.

His resilience shone through as he made a triumphant return to the Miami Heat, contributing to their 2006 NBA Championship victory. Throughout his illustrious career, Mourning also played significant roles with the Charlotte Hornets and New Jersey Nets. 

Mourning’s contributions were immortalized by the Heat when they retired his number 33 jersey on March 30, 2009, highlighting his status as the franchise’s all-time leader in blocked shots with 1,625. His legacy with the Heat is marked by his ranking in various all-time categories, including points scored, free throws made and attempted, total rebounds, offensive rebounds, double-doubles, and more. He stands out not only in regular-season records but also in postseason achievements, leading in blocked shots and ranking highly in several other key performance indicators.

Over his career, Mourning played in 838 games, maintaining averages of 17.1 points, 8.5 rebounds, 2.81 blocked shots, and 1.1 assists over 31.0 minutes per game, with a shooting accuracy of 52.7 percent. His career totals include 14,311 points, 7,137 rebounds, and 2,356 blocks, securing him the 11th spot in all-time NBA history for blocked shots.

Beyond his NBA achievements, he also earned a gold medal with the United States Senior National Team at the 2000 Olympics. His exemplary career and contributions to basketball were recognized with inductions into the Virginia Sports Hall of Fame in 2010, the Naismith Memorial Basketball Hall of Fame in 2014, and the FIBA Hall of Fame in 2019, cementing his legacy as one of the sport’s greats.

Since retiring from the NBA, Mourning has built and invested in various business ventures. Billionaire Africa spotlights them below.

  1. AM Affordable Housing

Mourning has broadened his impact in the sector of affordable housing with his non-profit organization, AM Affordable Housing, by providing hundreds of affordable living spaces in Florida. In collaboration with Matthew Rieger, the CEO of the Housing Trust Group (HTG), Mourning is dedicated to mitigating the affordable housing shortage in Miami and surrounding regions, prioritizing community support and development over profit generation. Their initiatives not only supply housing but also crucial services such as adult literacy programs and employment support for the inhabitants.

In 2014, HTG acquired the necessary funding to initiate one of these affordable housing projects, a development consisting of 84 units in Miami, the city where Mourning spent the majority of his 15-year NBA career. The financing for this project was assembled from a variety of public-private partnerships, including $9 million in low-income housing tax credits from the Florida Housing Finance Corp, $7.5 million provided by the Southeast Overtown/Park West Community Redevelopment Agency, and $1.75 million in the form of a surtax loan from Miami-Dade County, supplemented by developer equity.

Mourning, at the helm of AM Affordable Housing, expressed his satisfaction with the progress made. “I’m immensely gratified to see our relentless effort coming to fruition,” he stated. “Awarded the project in 2008, we faced numerous challenges but remained steadfast and ultimately triumphed for the benefit of this community. Our collective determination, passion, and diligence reflect the same attributes required to build a championship team.”

  1. Fileblaze

Alonzo Mourning has made an investment in FileBlaze, a San Francisco, California-based cloud service launched in 2010 that specializes in the transfer and preview of large volumes of rich media content, including music, videos, and photos. Chuck Baker created the platform to safeguard copyrighted materials against piracy, leaks, and unauthorized access.

Mourning, alongside 15 other investors, including filmmaker Malcolm Lee, as well as family, friends, and personal contributions from Baker, collectively invested around $2.5 million in FileBlaze over three years. This investment was judiciously allocated by Baker for the phased development of the platform, starting with the construction of an alpha prototype that cost $250,000.

  1. Speaking Engagements

Drawing from an illustrious NBA career and personal adversities, Mourning serves as a motivational speaker, imparting wisdom on success, resilience, and determination via platforms such as Athlete Speakers and AAE

Mourning offers his expertise on diverse subjects such as medicine, health, and family & parenting. To engage Mourning for live appearances through AAE, the speaking fee ranges from $50,000 to $100,000, while virtual engagements are priced between $20,000 and $30,000. He mesmerizes audiences with personal narratives, equipping them with the tools to overcome challenges and achieve their goals. His presentations, enriched by his life experiences, empower attendees with actionable advice and inspiration.

  1. Ceburu

On Feb. 21, 2024, CEBURU RMM, a premier innovator in remote monitoring and management solutions, announced a strategic partnership and investment from Alonzo Mourning along with his business colleague, Allen Furst. 

“We are delighted to have Mr. Mourning and Mr. Furst join our team,” shared Rehan Khan and Jaseem Masood, the visionaries behind CEBURU RMM. “Their dedication to innovation and excellence echoes our own goal of delivering state-of-the-art remote management tools to empower businesses. This collaboration not only underscores the strength of our vision but also equips us with the vital resources to quicken our pace of growth and broaden our presence in the market.” 

Mourning conveyed his excitement about the alliance, remarking, “The commitment of CEBURU RMM to push the boundaries of technology in simplifying intricate IT operations has deeply impressed me. Their focus on innovation and ensuring customer success is commendable, and I am eager to contribute to their endeavor to revolutionize IT management with the power of AI.”

  1. Authorship

Mourning has transcended his accomplishments on the basketball court and his role as a motivational speaker by venturing into the world of literature with his book, “Resilience: Faith, Focus, Triumph.” In this publication, Mourning explores the foundational values that have steered him through the trials and triumphs of his career and personal life. He provides readers with deep insights into how resilience, faith, and unwavering determination are pivotal in overcoming obstacles and achieving success.

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