A group of professional athletes is investing in the world of farming.
Cincinnati Bengals quarterback Joe Burrow, Boston Celtics forward Blake Griffin and Milwaukee Bucks small forward Khris Middleton are among about two dozen athletes involved in acquiring an Iowa farm.
Patricof Co, an athlete investment platform, announced the purchase of a 104-acre farm in northern Iowa that specializes in corn and soy production.
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The $5 million investment is the first farm purchase by the group, which plans on purchasing four additional farms in the coming years.
“As a pro athlete, I’m pitching countless investment ideas and ‘opportunities’ all the time,” Middleton said, according to Patricof’s website. “When it came to this specific deal that Patricof brought to me, I was attracted to it because of how different it was. Why farms?
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“But when I looked at the history of returns, especially …