Millions Spent on NIL, NCAA Athletes As Employees, and Crypto x NFT Sports Partnerships

Audio Timeline:0:38 - Big Companies Spending Millions on College Athletes2:11 - Highest Paid Female Athletes + Most Googled Athletes3:45 - How Much Money MLB Players Are Losing During The Lockout4:46 - Former Athletes Talk About Poor Financial Decisions6:30 - Russian Sports Sanctions, Fanatics, and NFT x NIL partnership7:45 - Staggering Numbers Out of New York’s Sport Betting8:38 - Cryptocurrency Sports Partnerships Report9:41 - Why College Athletes Shouldn’t Want To Be Employees11:08 - A College Athlete Receiving Equity On Top of NILTweet(s)Pretty cool segment here about the advanced analytics the New York Giants are using for the 2022 NFL Draft. Check this out 👇Short Passage of The WeekEssentials For Growth* Proper rest + more learning* Making time to build self-awareness* Consistent honesty + building new habits* Letting go of old stories + saying no to old patterns* Believing that you can change + saying yes to supportive people* Examining your emotional history + finding a practice to heal past pain-By Yung Pueblo, in Clarity & ConnectionRecommended MediaVery inspirational video right here. What are your excuses?Good ReadHow NIL is Setting Athletes Up For Lifehttps://www.oregonlive.com/sports/2022/03/set-me-up-for-life-female-college-athletes-stash-nil-cash.htmlEnjoyed this article that focuses primarily on female athletes and how they’re leveraging NIL deals to be successful post-sports.What’s wild is some of them are even receiving equity in the companies they are promoting. Interesting StatThe S&P 500 index acts as a benchmark of the performance of the U.S. stock market overall. The index has returned a historic annualized average return of around 10.5% since its 1957 inception through 2022.Lebron James’ rookie contract earned him ~$400,000/month. If he invested 10% or $40,000 a month consistently in to the S&P 500 for the last 19 years it would be worth….$29 million.The power of compounding. What To Keep An Eye On This Week* More NIL deals for college basketball players as March Madness bids are clinched and what major companies get involved. * The MLB and if they reach an agreement to end the lockout.* Increased sanctions for the Russian sports world. QuoteEnjoy the rest of your Sunday!I’ll be by my phone the rest of the day, so if you want to strike up a chat feel to reply to this email or send me a DM on twitter @AndrewPetcash. Keep moving the needle forward.-APP.S.Here’s a cool investment calculator to play around with: This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.petcashpost.com