The NCAA's New Rules, Facebook Entering NIL, and NBA Players Cheated Out of $5M

Audio Timeline:0:41 - NIL deal helps a mother see her son play for the first time1:24 - Lebron’s oldest son signs his first endorsement deal2:27 - Former NBA players get cheated out of their $5M investment4:40 - New York sports betting update (billions exchanged)5:22 - Jason Terry signs with unique 1-on-1 personal training company6:14 - Stats behind college athletes in the olympics6:57 - Two new NCAA rules: Marijuana and AAU basketball8:36 - Two NIL stories: $10k baseball deal and Meta’s partnership11:06 - Bill Belichick’s scholarship for HS athletes, Wave Sports x AntetokounmpoTweet(s)Check this out. Some cool new tech out of baseball. I put out a thread of statements made by Ukrainian and Russian athletes + how you can help support them. Short Passage of The Week “FOCUS”Every moment of our lives is an opportunity to train our minds to focus.* When you are working, lock in.* When you're training, lock in.* When you’re at dinner, lock in.* When you’re listening to the feelings of a loved one, lock in. * When you're meditating, lock in.We only experience love, beauty, and things that are true in the present moment. If we don’t have the ability to be present and lock in long enough, we miss the important moments in life. The only moment is now, lock in. - Dr. Michael Gervais, High-Performance PsychologistRecommended Show“Jeen-Yuhs” - Kanye West’s New DocumentaryThis new doc is well-made and very inspirational. Although it is entertainer focused, anyone with plans to do big things in life will enjoy the hustle. My main takeaways:* dream big* don’t let others define who you are* stay loyal to those who are in your corner from day oneYou can watch it here on Netflix.Interesting StatRate of Return Matters - InvestingThe math of percentages shows that as losses get larger, the return necessary to recover to break-even increases at a much faster rate. A loss of 10 percent necessitates an 11 percent gain to get back to even….Increase that loss to 25 percent and it takes a 33 percent gain to get back to even.If your returns average 5 percent per year after the loss, it can take almost 7 years to get back to even….What To Keep An Eye On This Week* The MLB lockout and its major monetary implications* Increased sanctions against Russian national teams* Conference tournaments for men’s and women’s NCAA basketball begin this week. March Madness is here! Expect to see new NIL deals come out before the dance begins. QuoteEnjoy the rest of your weekend!March is here. 1/6 of 2022 is done. Keep moving the needle forward. -AP 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