Capitals center Nicklas Backstrom, like most Swedish athletes, started and owns his own company. The company, aptly named NickBack Invest AB, is run by Backstrom and his family. It was first formed on July 1, 2010, shortly after Nicklas signed a 10-year, $67 million contract with the Capitals.
Anders, Backstrom’s father, is the chairman while Backstrom’s mom, Catrin, and brother, Kristoffer, are on the company’s board.
So what is NickBack Invest AB and why did Backstrom start it? Here’s why.