Today's episode is with Mike Rabil, co-founder & CEO of the Premier Lacrosse League (PLL). The PLL has raised millions of dollars from the world's best investors in an attempt to build the next major US professional sports league. Mike walks me through how difficult it was to raise capital, the challenges they face today, their road to profitability, and what he has learned as an entrepreneur and leader. Enjoy!

Ninety of the world’s best golfers will travel to Augusta, Georgia, this week to compete in the 86th annual Masters golf tournament. But here's the part you didn't know — Augusta National and the Masters reportedly leave more than $200 million on the table. So for today's episode/newsletter, I break down the (financial) details and attempt to explain why tournament organizers don't fully maximize profit. Enjoy!

Wrestlemania is taking over AT&T Stadium this weekend, with an estimated 200k people from 47 countries getting together for the largest event in pro wrestling. So for today's episode, I broke down the money and business behind WWE. Enjoy!

Today's episode breaks down the growth of Formula 1 in the United States, including how Liberty Media pulled it off and what it means (financially) for the future of the sport. Enjoy!

Avi Dabir is the Vice President of Business Development at FTX. He has been committed to spending more than $500 million on sports partnerships, including deals with the Miami Heat, Major League Baseball, the Mercedes Formula 1 team, Tom Brady, Stephen Curry, Naomi Osaka, and Shohei Ohtani.

So when Avi came into the studio this week, my brothers and I asked him exactly how these deals get negotiated, what it's like working with Tom Brady, how their Super Bowl commercial with Larry David came together, and what might be next for FTX. Enjoy!

The Buffalo Bills are getting a new $1.4 billion stadium, and $850 million (60%) is coming from public taxpayer funds. Today's podcast breaks down whether that is a good or bad deal. Enjoy!

Nicolas Julia is the co-founder and CEO of Sorare, an NFT fantasy soccer platform built on the Ethereum blockchain. The company has raised over $700 million and is currently valued north of $4.3 billion, becoming the fastest startup to reach a multi-billion-dollar valuation in European history.

Nicolas and I discuss how NFTs can change the world, the future of blockchain gaming, how he has changed as a leader and operator, the tricks to keep churn low, potential geographic expansion, and more. Enjoy!

Dejan Pralica (known as DP) is the co-founder and CEO of SoleSavy, one of the world's largest online sneaker communities. We discuss entrepreneurship, the value of a strong community, the future of fundraising, and Dejan gives me a complete breakdown of the economics behind the $30 billion sneaker resale market. Enjoy!

Marc Lore is one of the world's best entrepreneurs. He has founded, built, and sold multiple companies, including Diapers.com, which he sold to Amazon for $550 million in 2011, and Jet.com, which he sold to Walmart for $3.3 billion in 2016.

We discuss:

• The qualities that make a successful entrepreneur

• How to get comfortable with failure

• The importance of an idea vs. the actual execution of that idea

• The questions Marc asks during every interview

• How he negotiated the Timberwolves deal

• His next multi-billion startup idea

• Current investment trends (Crypto, NFTs, etc.)

Enjoy!

Today's episode is with Dana White and Rich Kleiman. We discuss how Dana built the UFC, why Rich is so bullish on collectibles, the shift from pay-tv to streaming, and they even share a few epic stories about the most significant challenges they've faced in business. Enjoy!