(1:00) - Business of Athletes
Top NBA prospect Scoot Henderson has entered a “strategic alliance” with All-Star Stephen Curry that will focus on “business, basketball, and beyond.”
Boxer Francis Ngannou is set to join the Professional Fighters League (PFL) both as a fighter and equity owner.
Leah Williamson, an English female soccer star, has invested in Toca Football.
(3:50) - College Sports/NIL
OneTeam Partners has partnered with EA Sports to facilitate collegiate athletes' names and likenesses" into the newest football game.
A Texas Tech alumni plans to sign baseball players to a $10,000/year deal.
Multi-media rights giant Learfield has $1.1 billion in debt due this year that is trying to restructure across 6 schools currently operating in the red.
(7:00) - Sports Business
Indian-based Agilitas Sports has received an investment of ~ USD $48 million from Convergent Finance LLP Funds.
Fanatics has acquired PointBet’s US assets for approximately $150 million.
Teqball has signed a deal to stream on ESPN, while pickleball’s PPA tournaments are coming to Amazon Prime.
Egyptian billionaire Mohamed Mansour is paying $500 million for San Diego MLS expansion rights. MLB star Manny Machado will have a minority ownership stake.
Attain Sports & Entertainment alongside D.C. United’s ownership group, has announced today that they are starting a new women's USL soccer team.
Marc Lasry said he is launching a sports fund that aims to put money into sports teams across the globe (especially on the women’s side).
NBA superstar Joel Embiid taught himself to shoot by watching YouTube videos.
His explanation is amazing:
Financial gurus love this one for budgeting:
Short Passage of The Week
The power of G.R.I.T
Growth — We grow by embracing challenges, sustaining effort, and developing new strategies.
Resilience — We bounce back when we have struggled, faltered, or failed; we collect ourselves and get back to the business of pursuing our goal with optimism.
Initiative — We don’t wait for others to initiate change, rather we are proactive, speak truth to power, champion new ideas, and challenge the status quo.
Team — We value individual commitment to the group effort: Talent wins games, but teamwork wins championships.
Passage by Didier Occident, Secure The Bag Financial Literacy Program
Former NFL tight end Jake Butt provided me with some fascinating information for this tweet.
“Almost everything worthwhile carries with it some sort of risk, whether it’s starting a new business, having kids, or flying into space.” – Chris Hadfield
Thanks for tuning in today!