Wambach to quit company over Favre allegations

American soccer legend Abby Wambach told ESPN that she intends to fully divest herself from a concussion drug company that is backed by Brett Favre and is at the center of a Mississippi welfare fraud case.

Wambach, a World Cup winner and two-time gold medalist who is in the National Soccer Hall of Fame, was a member of the sports advisory board for Odyssey Health, a drug company that has said it is developing a nasal spray designed to treat concussions. Odyssey Health’s top investor is Favre.

According to a lawsuit filed by the state of Mississippi, $2.1 million that was supposed to go to welfare recipients was instead directed to Odyssey Health. The company, previously known as Prevacus, was linked to the fraud case when arrests were first made in February 2020, with many of the case’s details reported by nonprofit news organization Mississippi Today.

In an email Thursday, Wambach indicated it wasn’t until she was contacted by ESPN earlier in the day that she first became aware of “disturbing information” about Odyssey Health. She said she had supported the company as part of a personal effort to lessen the impact of concussion-related injuries.

“Minutes after learning this new information, I initiated the process to immediately and fully divest myself from any involvement — financial and otherwise — with Prevacus/Odyssey Health Inc., a process that I insisted be complete by end of day today,” Wambach said Thursday.


Dupree decries Favre comparison in fraud case
23mJohn Barr

Favre charity gave to USM while he sought funds

Filing: Favre sought funds amid legality questions
6dAnthony Olivieri
By Thursday afternoon, Wambach’s connection to the company had been scrubbed from its website.

Wambach did not respond to requests for an interview or respond to questions about what her role on the advisory board had entailed or what financial stake she had in the company.

“Since I genuinely believed this company was being transparent about a product that could spare the next generation of athletes from the severe impact of concussion injuries that I endured as a professional athlete, I am profoundly angry, disappointed, and saddened by what I learned today,” Wambach wrote.

Others identified on the company website as being members of its sports advisory board are former NFL quarterbacks Kurt Warner and Mark Rypien, Chicago Cubs manager David Ross, and former NFL coach Steve Mariucci. None could be reached for comment.

In 2016, Wambach, one of soccer’s great headers, announced that, after her death, her brain would be used for concussion research. Two years later, she appeared with Favre, Warner and Prevacus founder Dr. Jacob VanLandingham on the “Today” show to discuss concussions and promote the company.

Favre joined Prevacus in 2014, and by late 2018, the former Green Bay Packers quarterback was the largest outside investor and stockholder in the company, according to the lawsuit filed in May by the state of Mississippi against nearly three dozen defendants, including Favre and VanLandingham. Favre previously told Men’s Health magazine he had invested nearly $1 million in Prevacus.

According to the lawsuit, Favre in December 2018 urged VanLandingham to solicit Nancy New, the owner of a Mississippi nonprofit, to use funds from the state’s Department of Human Services to invest in Prevacus. VanLandingham delivered a sales pitch for the stock in a Jan. 2, 2019, meeting at Favre’s home, with New and John Davis, then the state’s human services director, among those in attendance, the lawsuit says.

Over the next 10 months, $2.1 million that had been earmarked for welfare recipients was diverted to the company, “for the purpose of securing ‘clinical trial sites’ to be located within Mississippi,” according to the lawsuit. The money instead was used to purchase stock in Prevacus for individuals at the center of the scheme, according to the lawsuit.

A written agreement to obtain the welfare funds was part of a “sham” designed to conceal financial benefits to Favre, VanLandingham and others, the state alleges. The money was derived from Mississippi’s Temporary Assistance for Needy Families, an anti-poverty program.

On Feb. 5, 2021, exactly one year after New, Davis and four others were first arrested in the fraud case, Odyssey announced it was acquiring Prevacus’ concussion drug.

Got a story or tip for us? Email Sports Gossip editors at tips@sportsgossip.com 

Want More From Sports Gossip? 

For all the latest breaking Sports Gossip, be sure to follow SportsGossip.com on FacebookInstagram, and Twitter.

You can view the original article HERE.

Dwayne Johnson Says He’s Grateful for Thanksgiving with Family: ‘We Count Our Blessings’
Selena Gomez Shares Photo with Blackpink
‘A Christmas Story’ House Owner Curses Out Actor Yano Anaya at Iconic Home
Dua Lipa poses with Mick Jagger in the recording studio
A Slow Return to the Series’ Roots
Albert Pyun, Cult Filmmaker Behind Cyborg,’ ‘Nemesis’ and ‘Captain America,’ Dies at 69
Bright Wall/Dark Room November 2022: C’mon C’mon: It’s Called a Repair by Ethan Warren | Features
An Uplifting and Magical Tour Through Time
Mica Paris: ‘I’ve never said it but I think Whitney had a little crush on me…’ – Music News
Donald Trump calls Kanye West ‘a seriously troubled man’
Peter Buck wouldn’t want an R.E.M. reunion – Music News
‘Bambi’ to be remade as a slasher film
Mistakes To Avoid When Using Your Las Atlantis Casino Bonus Code
Colts’ Irsay to critics: Reich firing ‘not personal’
4 Ways To Get the Right Running Shoes
Days of Our Lives Round Table: Really Dead or Salem Dead?
Netflix’s Wednesday Lands Surprising Place On Rotten Tomatoes List of Addams Family Releases
Irene Cara, ‘Fame’ and ‘Flashdance… What a Feeling’ Singer, Dead at 63
Guardians of the Galaxy Holiday Special Lands One Of The MCU’s Highest Rotten Tomatoes Scores
Simone Biles and Jonathan Owens’s Engagement Shoot Outfits
Target A New Day Oversized Button-Down Shirt Review
Black Panther Costume Designer Interview
Katy Perry Channels Barbiecore in Pink Latex Dress and Coat