Robinhood will sponsor the American professional basketball team Memphis Grizzlies as the official jersey patch partner. This partnership, set to begin in the 2024–25 NBA season, will place the giant’s logo on the Grizzlies’ uniforms. According to the club, this multi-year deal features Robinhood across the Grizzlies' ecosystem, from baseline court ads to social media and during broadcasts.

Investing and Jersey Partner

Commenting about the sponsorship deal, Ted Roberts, Grizzlies’ Vice President of Partnership Marketing, said: “Today, we're excited to announce that Robinhood Markets, a progressive leader in financial services, will be the official investing and jersey entitlement partner of the Memphis Grizzlies. Never settling and challenging the status quo are characteristics of our organization and fans, and in Robinhood, we have found a perfect match.”

This partnership extends beyond financial services and basketball. The Grizzlies and Robinhood are reportedly working together to give back to the community. In the kickoff event, employees from both organizations collaborated on the “Grizz Take Action Day of Service,” partnering with Meals of Hope to package 60,000 meals for the Memphis community.