The Profluence Pod 🌐

Audio Timeline:

0:35 - Feel Good Sports Story: Body Armor and Mamba Foundation

1:15 - NIL: NCAA rulings on collectives and sports betting, Deion Sanders, coolest deals of the week, and BC’s Zay Flowers offered $600k to transfer

7:39 - Athlete Biz/Investments: Devin Booker, new venture fund, generational wealth for athletes, NWSL gets KD and Kleiman

11:23 - Sports Biz/Tech: Betting funds to youth sports, Hooters, NFT companies continue to raise big bucks, and esports teams are booming

14:11 - Discussion on the mental health epidemic in college sports

Interesting Stat

The NCAA has released a dashboard highlighting transfer portal movement. (broken down by sport, month, and scholarship status)

Notable Figures:

* A whopping 33,009 D-I athletes entered the portal between Aug 1, 2019 and July 31, 2021.

* As of Jan. 10, 2022, 49% (16,270) had transferred to a new NCAA school, while 43% (14,293) remain in the portal and 7% (2,446) withdrew their names.

The 10 sports with the highest percentage of athletes who entered the portal during those two years...

Men's:

* Basketball: 31% have entered the portal (1,692 athletes)

* Baseball: 18% (2,126)

* FBS football: 16% (2,538)

* Soccer: 13% (755)

* Tennis: 13% (325)

* FCS football: 12% (1,546)

* Ice hockey: 12% (205)

* Lacrosse: 9% (321)

* Track & field: 8% (905)

* Wrestling: 8% (207)

Women's:

* Basketball: 22% (1,134)

* Beach volleyball: 15% (167)

* Tennis: 12% (340)

* Volleyball: 12% (650)

* Softball: 11% (764)

* Soccer: 11% (909)

* Ice hockey: 8% (63)

* Lacrosse: 8% (317)

* Golf: 7% (162)

* Track & field: 6% (864)

The transfer portal was launched in 2018 to help streamline the transfer process, but three recent changes — the COVID redshirt, one-time transfer rule, and NIL — have turned a school change into free agency.

Recommended Media

Interesting convo between Adam Breneman and Arizona Cardinals QB Trace McSorley this past weekend.

The 1:01:01 mark piqued my interest as they talk about NIL and what Trace is doing investment-wise.

Always cool to hear what really goes on within programs and not just noise from the outside.

Short Passage of The Week

Here are 7 traits of exceptional leaders we can incorporate into our own lives as teammates, colleagues, and leaders:

* Exceptional leaders are master storytellers.

* Exceptional leaders find opportunities to let others shine.

* Exceptional leaders seek advice and input from others.

* Exceptional leaders have their teams’ back during tough times.

* Exceptional leaders take accountability and know when to apologize.

* Exceptional leaders care while treating everyone with dignity and respect.

* Exceptional leaders express appreciation and give credit where credit is due.

Passage by Glen Leibowitz, CFO Consultant

Tweet(s)

The Power of Now is one of my favorite books of all time.

Great thread from Teddy breaking down what makes Navy SEALs elite👇

Inflation and interest rates are the best-understood financial concepts worldwide, but only 50% of adults know both.

Only 35%, in comparison, understand risk diversification. And roughly 45% of adults globally know about the concept of compound interest.

The bottom line: a large

Audio Timeline:

1:14 - Feel Good Sports Stories

4:32 - NIL Report

9:41 - Athlete Business/Investment Stories

14:34 - Sports Business/Tech Report

Interesting Stat

The NCAA makes over $1B in revenue a year and president Mark Emmert enjoyed a cushy $2.9M salary last year.

Interested in the NCAA’s full financial statements?

Check them out here:

Short Passage of The Week

The Art of ThrivingWhen we disconnect to reconnect as leaders and positive-difference makers, life becomes art, and the beauty is in the eye of the beholder.

* The art of using “no” as a complete sentence.

* The art of rediscovering yourself over, and over, and over again.

* The art of clearing your mind so that you can listen to your heart.

* The art of balancing empathy for others with empathy for yourself.

* The art of knowing when to speak, when to listen, and when to leave.

* The art of knowing when to pivot, when to pause, and when to persist.

Passage by Mitchell C. Clark, Keep It 100

Recommended Media

Came across a great interview by Adam Breneman and current Penn State QB Sean Clifford.

Really enjoyed the segment discussing Clifford’s new business venture and NIL developments.

That part starts at the 25:58 timestamp.

Tweet(s)

Interesting read on the “broken” college athletics system 👇

Who has YOUR best interest at heart?

Did you know there is a standard in the financial world called 'Fiduciary' that requires an advisor to act in a manner that is reasonably believed to be in the best interest of the client.

Most would question why this is NOT the case for all financial advisors or anyone dealing with a subject like money.

Anytime there is a chance the advisor can profit on a sale, they can NOT be acting as your Fiduciary because they have a conflict of interest.

As you look at advisors, the first question should be 'Why are you not a fiduciary?'

Quote

“There might not be 1000 ways to accomplish something, but there is almost always more than one way. Know what you want, and be flexible on how to get there.” - James Clear

Extra Credit

Serena Williams really is the 🐐

One day an athlete will retweet a Twitter thread I put out on them — looking forward to that day.

I appreciate you reading The Petcash Post on a consistent basis! Let me know if there’s anything I can do to help or if there’s something you think I should write about.

Peace,

-AP

Not yet subscribed to The Petcash Post? Join 24,000+ others getting educated on the business of athletes, sports, and NIL — it’s free.

Audio Timeline:

0:44 - Feel good stories: Boston Marathon, grants for athletes with disabilities, Naomi Osaka’s new philanthropy

2:44 - NIL: $40m college donation, JR Smith and Cavinder twins sign new deals, Florida Gators = NILU, college free agency, and NBC sports

8:21 - Athlete Biz/Investments: Serena Williams, sports drinks, NFT’s, athletes taking equity + marketing fees, golfers getting active, and Moonpay

13:16 - Sports Biz/Tech: Cricket is big business, ad patches on uniforms, youth sports is getting a lot of funding, and new legislation in sports

Interesting Stat

A pitch clock has shortened Minor League Baseball games by 20 minutes, per ESPN, setting the stage for MLB to implement a clock next season.

MLB games were lasting an average of 3 hours, 10 minutes.

The good news? That's one minute shorter than last season.

The bad news? That's over one hour longer than a century ago — and 20 minutes longer than the average game as recently as 2005.

Short Passage of The Week

“Passion is what makes life interesting, what ignites our love and carries our friendships, stimulates our intellect, and pushes our limits.”-- Pat Tillman

On this day 18 years ago, Pat Tillman lost his life while serving his country in Afghanistan. I never had the privilege of meeting Pat and I don’t pretend to know him, but from a distance he is a role model for me. It’s not his play on the football field that I most admire, or even his decision to leave millions of dollars on the table to serve his country. Instead it’s the way he lived his life: with tremendous passion. Whatever he did he brought all of his being to it. He loved to read books and learn new things. He loved to challenge himself and others to be the best that they could be. And he was a deeply loyal husband and friend. People are drawn to those who approach life like that. Their passion lights us up on the inside and motivates us to be better. Today if you want to honor Pat Tillman, live with passion. Whatever you do today bring your whole being to it.

Laugh loudly, cry, be a great friend, stimulate your intellect, make a difference in someone’s life, push yourself to get better at something. I’m guessing Pat would appreciate that more than any platitudes or grand gestures. Win Your Day! Passage by Steve Gilbert

Tweet(s)

College programs enabling their athletes to profit will be at a major advantage in this new era of recruiting and college sports.

Former MLB player Cory Gearrin put out an interesting thread on the financial reality most professional athletes face👇

1) Fight rising inflation with rising income

Did you know in March of 2022 inflation rose 8.5%, the biggest rise in 12 months since the 80's!

This poses a huge financial question around how to prepare a plan for this type of event?

From professional athletes to recent college graduates, the best way to hedge inflation and protect your lifestyle in the future is by creating multiple streams of income.

In today's world of e-commerce and the gig economy there are endless ways to begin generating a new income stream and the money tip of the day is to start one.

Even if it is only $100 a month, the more legs you are standing on, the less likely the inflation wave will knock you over.

What To Keep An Eye On This Week

* Releasing an athlete investment thread on Antonio Brown Monday (4-25-22) at 9:10 EST on Twitter.

* More NIL developments coming out of spring football games.

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“Don’t let the internet rush you. No one is posting their failures.” - Wesley Snipes

I

The Petcash Post is a daily report that breaks down the business of athletes, sports, and NIL.

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Audio Timeline:

1:05 - Feel good stories: 102 Marathons in 102 days, Jrue Holiday

1:58 - NIL: Clemson, Robinhood, Kansas basketball, UCF

5:18 - Athlete Biz/Investments - James Harden, Drake, Floyd Mayweather X Antonio Brown, WNBA, and $25,000 to be under 365 pounds

8:35 - Sports Tech/Biz: Pickeball, Fifa+, Trace technology, USFL, NFL meets crypto and flag football

13:53 - Convo with Binghamton basketball’s Dan Petcash about NIL and endorsement deals at the Division 1 mid major level

Interesting Stat(s)

The average MLB franchise is now worth $2.31 billion, up 5% from 2021, according to Sportico's latest valuations.

The Yankees are valued at $7.01 billion, making them the most valuable team across all global sports leagues.

Another cool development:

University of Central Florida’s football team is putting QR codes on the back of their spring jerseys.

When scanned, it will direct you to the player’s bio on the UCF athletics website. Fans can then find links to a player’s social media profiles and stores to purchase their own player-branded merchandise.

It’s nice to see universities getting creative with NIL and assisting athletes with monetization.

Short Passage of The Week

You can’t spread your wings if you live in a cocoon. Most human beings find comfort living their lives in a protective cocoon of certainty. But in choosing risk-free existences, we pass up life-enriching challenges and adventures. Practicing these 3 lifestyle mindsets can help us maximize our time on Earth while making life more fulfilling and meaningful:Give yourself time ― You’re never too old to cultivate and live your dreams. You can follow your heart’s desire at any time.Live your own life ― Choosing a path in life to please others is usually not sustainable. Living in truth always sets us free. Listen to your inner voice and stay true to yourself.Stay present ― Life is the greatest teacher. Be conscious of the people and events around you. You can miss out on valuable experiences if you’re constantly thinking about the future. Immerse yourself in the present moment while challenging the status quo.Source: Ann Hiatt, Bet on Yourself

Recommended Media

I came across a great article by Vanderbilt women’s lacrosse player Cailin Bracken.

“A Letter to College Sports”

In this piece, she describes the dark side of college athletics (that most of the outside world doesn’t understand). I highly recommend that you take 5 minutes to read this — there are a ton of insightful thoughts.

Did you know that nearly 30% of female and 25% of male collegiate student-athletes report having anxiety?

Tweet(s)

I eat chicken basically everyday — so this thread was fascinating and also eye-opening for me 👀

I enjoyed this one from Josh as well 👇

The All Blacks are a fascinating case study of we > me in sports.

A recent survey from Everfi shows that 65% of the students left high school without ever taking a personal finance course. 

According to the National Center on Education, 30% of high school students and 80% of college students work while they’re in school — and this doesn’t count playing a sport as a job (which we know it is).

The point being:

Not enough parents are talking to their kids about money.

Not enough schools are providing the proper resources and education.

And as a result, not enough young people know how to properly manage their money.

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“As we express our gratitude, we must never forget that the highest appreciation is not to utter

Happy Sunday — I appreciate you tuning in!

A few housekeeping items: 🚨🚨

* On Friday, many of you received the email multiple times which was due to an error on Substack’s server…sorry about that it should be fixed

2. I created a brief, fully anonymous, nine question survey to help me better understand who you are.  My goal is to better understand my readers, continue writing content relevant to you all, and partner with sponsors that you will actually care about. If you can take 32 seconds to fill out the survey below, I would really appreciate it.

https://docs.google.com/forms/d/1Dyf87cKP_tKNxUZS4MdtFv6gUNE1JO45NJx7pWL2y_c/

Audio Timeline:

0:50 - Feel good stories: Millions donated, Nebraska, Ukraine

1:40 - NIL: Interesting partnership, collectives, NFT’s, and education

4:41 - Sports Biz: Tom Brady, Bitcoin bonuses, and a Web 3.0 soccer team

6:48 - Shady Deals: Brett Favre, Washington Commanders, and 76ers

8:56 - Sports Tech: Metaverse stadium, $12m analytics company

10:13 - Betting: Ontario, $800m, and Kansas City

11:30 - Wrap up + future developments

Interesting Stat

Only 15% of active managers beat the performance of the S&P 500 in 2021. Buying low cost index funds = less stress + more wealth.

This is wild:

The world's ten richest sports owners have a combined net worth of $353 billion, holding steady from a year ago despite rampant inflation and a volatile market.

Short Passage of The Week

Opening Day in baseball is special, but for me the season doesn’t really start until Day Two. Why? Because on Day One, everything is fresh and new. Fans (and media) who don't normally attend games are there for it. It’s easy to be excited. But on Day Two, the press box is emptier. The stadium usually is as well. It's when you begin to settle into the daily routine of what will be a six-month marathon. The beginning of a new goal, workout program, or business can be exciting like Opening Day, but in order to be successful you've got to keep at it even when the freshness has worn off. There will be good times and there will be struggles. But if regardless of the circumstances you show up every day with the mindset that you’re going to give the best with which you’re capable on that day, you'll be surprised at what you can accomplish. Win Your Day!Passage by Steve Gilbert

Recommended Media

I’ve been seeing more sports stadiums and schools put in this advanced AI security screener.

This is the future of security when heading into major sporting events.

I don’t know how I feel about it, but figured I would share.

Tweet(s)

Great thread breaking down Tim Grover and what he’s learned from working with some of the greatest basketball players of all-time:

This one was pretty eye-opening for me as well👇

Did you know that NIL athletes need to pay income tax in every state they work in?

This means that if you live in Michigan, but fly to New York for an appearance and get paid for it, you will owe income taxes to the state of New York.

The same is true for every state, besides the states that don’t have an income tax: (Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming)

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Snowboarder Shaun White’s Financial Advice:

“Let your money work for you rather than being out there trying to make moves. It doesn’t sound as enticing as this big elaborate plan to be financially stable, but it’s definitely proven through time.”

I appreciate you reading The Petcash Post on a consistent basis!<

Audio Timeline:

0:50 - Feel Good Sports Stories: Mac Jones, Paige Bueckers, etc

1:56 - Business of Athletes: 7 Billionaires, Usain Bolt, etc

3:51 - NFL players start a company, Patrick Mahomes, Bills $850m stadium

6:12 - NIL (Callaway Golf, HBCU’s, HS legislation, Daymond John)

11:00 - Women’s Basketball and NCAA’s Mark Emmert

12:10 - Sports Tech: NFT’s + AR/VR + Gambling

Interesting Stat

In 2021, private equity firms doled out $51 billion on sports deals worldwide, with $3 billion buying minority stakes in teams, according to Pitchbook.

Short Passage of The Week

Duke head basketball coach Mike Krzyzewski left a copy of this poem in each of his player's lockers when he was coaching at Army West Point.

"If" by Rudyard Kipling:

If you can keep your head when all about you   Are losing theirs and blaming it on you;If you can trust yourself when all men doubt you,   But make allowance for their doubting too;If you can wait and not be tired by waiting,   Or, being lied about, don’t deal in lies,Or, being hated, don’t give way to hating,   And yet don’t look too good, nor talk too wise;If you can dream—and not make dreams your master;   If you can think—and not make thoughts your aim;If you can meet with triumph and disaster   And treat those two impostors just the same;If you can bear to hear the truth you’ve spoken   Twisted by knaves to make a trap for fools,Or watch the things you gave your life to broken,   And stoop and build ’em up with worn out tools;If you can make one heap of all your winnings   And risk it on one turn of pitch-and-toss,And lose, and start again at your beginnings   And never breathe a word about your loss;If you can force your heart and nerve and sinew   To serve your turn long after they are gone,And so hold on when there is nothing in you   Except the Will which says to them: “Hold on”;If you can talk with crowds and keep your virtue,   Or walk with kings—nor lose the common touch;If neither foes nor loving friends can hurt you;   If all men count with you, but none too much;If you can fill the unforgiving minuteWith sixty seconds’ worth of distance run—   Yours is the Earth and everything that’s in it,And—which is more—you’ll be a Man, my son!

Recommended Media

Interesting article about paying college athletes.

Read the full white paper here:

https://www.arnoldventures.org/stories/the-tectonic-shift-below-the-march-madness-spectacle

Victoria Jackson (a sports historian at Arizona State) crushed this one!

Also, I try to focus on good news but this is wild….

Tweet(s)

NY Mets are the first MLB team to introduce facial recognition tickets. Not sure how I feel about this👇

Came across this one as well — great tips by Josh that applies to coaching, leading, and relationship building:

Did you know that there are two sides of FICA?

When a traditional employee looks at their payroll taxes, they will see a line item as FICA for an employee: 6.2% social security and 1.45% Medicare. Their company will pay the employer side of 7.65%.

However when you are an entrepreneur, you must pay both sides! So first thing you need to account for is 15.3% FICA taxes on the first checks you make. 

What To Keep An Eye On This Week

* Post tomorrow right here about valuing how much college athletes are worth that you won’t want to miss

* MLB opening day on Thursday

* The Masters (golf) starts on Thursday

Isn’t kind of funny how when one sport ends (college basketball) we get two more immediately.

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“Things change. You just have to always, consistently, try to figure out what’s driving you. And not because other people are watching or your family’s gonna judge you. You just have to be as

Audio Timeline:

0:00 - Housekeeping + Roundup Updates

0:38 - Two “Feel Good” Sports Stories

1:51 - NIL Updates: Urban Meyer & Adidas

2:45 - Daymond John on the NCAA, Archie Miller, and the NCPA

5:24 - Athletes making Business Moves: Ronaldo, Dybala, etc

7:01 - NFT’s, Betting, DAO’s and Sports Tech Developments

9:20 - NYC Athletes and the Wrap Up

Interesting Stat(s)

From 2011 to 2021, the minimum salary of a MLB player increased by $156,500.

The MLB collective bargaining agreement signed on 3/10/2022 increased the minimum salary for the 2022 baseball season by $129,500 (from $570,500 to $700,000).

The most Babe Ruth made in any one MLB season was $80,000 in 1931.

Shoutout to subscriber Scott Thompson for sending over these stats.

Here’s one more:

The New Hampshire Lottery reported that Tom Brady’s announcement that he will “unretire” has resulted in a 1,000% rise in total bets and a 2,900% increase in money bet on the Tampa Bay Buccaneers to win the 2023 Super Bowl.

Short Passage of The Week

If you want more passion and joy in your life right now, do something about it right now.Put your heart and soul into something!Not into “the next opportunity,” but the small opportunity right in front of you.Not into tomorrow’s work, but today’s work.Not into tomorrow’s workout, but today’s workout.Not into tomorrow’s relationships, but today’s relationships.I’m certain you have plenty in your life right now that’s worth living for. You have people and lots of little circumstances you’re taking for granted. You have an endless reservoir of untapped potential within you, just waiting.Stop waiting!There is no next opportunity, only the one you have at this moment.Put your heart and soul into what you’ve got right in front of you. Make it a habit! 

By: Angel Chernoff 

Recommended Media

Interesting article I read this past week involving 20 sports tech ideas.

https://smartseries.sportspromedia.com/features/sports-technology-investment-startups-apps-2021

The trends seem to be:

* Fan Engagement

* Advanced Analytics

* Athletic Performance

* Media/Content

Tweet(s)

Super interesting thread that could also have a major impact on college sports going forward👇

Came across this one as well — great tips by Sorin

Did you know that college athletes who make over $400 from NIL deals will need to file a tax return?

Some mistakenly assume that if they are under the standard deduction amount, they do not need to file. But that is only if they are an employee who receives a W2 form, which again, NIL athletes are not!

So if you earn more than $400, you will need to file a Form 1040 in April.

What To Keep An Eye On This Week

* Bigger endorsement deals for men’s and women’s basketball players as we head in to the Final Four

* More state legislation regarding transgender athletes

* News coming out of the NCAA or NCPA regarding paying college athletes

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“Build bridges, maintain bridges, never burn bridges” - Aaron Eisman

I appreciate you reading my newsletter on a consistent basis — it means a lot as we’ve crossed over 24,000 subscribers, which is crazy! I still can’t believe it.

Have a nice rest of your Sunday!

Peace,

-AP

Extra Credit

Igoudala is at the forefront of NBA players getting involved in tech investments.

Audio Timeline:

0:15 - St. Peter’s Vs Kentucky Basketball Expenses

0:58 - 8 Figure NIL Deal for a High School Athlete?

1:50 - NFL QB’s Making BIG Business Moves

3:43 - The Transgender Athlete Debate

5:20 - Business of Golf Getting Dicey

6:10 - A Sport For All (you and me included) with Big Payouts

7:10 - 3 Cool NIL Stories

Interesting Stat

StudyFinds reports 2,000 millennials participated in a survey on how they managed their money.

It found that the average young adult spends nearly 150 more hours a year scrolling through social media than monitoring their finances.

The survey also found that nearly half were unsure of the amount of money currently in their bank account (45%).

While that’s all worrying — NFL QB’s have their finances in check:

Short Passage of The Week

One day Albert Einstein wrote on the blackboard:9 x 1 = 9

9 x 2 = 18

9 x 3 = 27

9 x 4 = 36

9 x 5 = 459 x 6 = 54

9 x 7 = 63

9 x 8 = 72

9 x 9 = 81

9x10 = 91Suddenly, chaos erupted in the classroom because Einstein made a mistake. Obviously, the correct answer to 9 x 10 isn't 91. And all his students ridiculed him. Einstein waited for everyone to be silent and said:

“Despite the fact that I analyzed nine problems correctly, no one congratulated me. But when I made one mistake, everyone started laughing. This means that even if a person is successful, society will notice his slightest mistake. So, don't let criticism destroy your dreams. The only person who never makes a mistake is someone who does nothing.”

Recommended Media

This video shows a new hologram technology that will be coming to sports very soon. CBS sports recently bought one for conducting interviews.

Tweet(s)

Food for thought:

Simple financial advice — no need to overcomplicate things👇

What To Keep An Eye On This Week

* NIL deals from players who made the Sweet 16 in March Madness

* More NFL players signing lucrative contracts

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“Results can only change when we change our consistent actions and make them habits” - Billy Cox

I appreciate you tuning in and reading my newsletter on a consistent basis — it means a lot as we approach 24,000 subs.

Have a nice rest of your Sunday!

Peace,

-AP

I want to personally welcome the 520+ new subscribers to The Petcash Post from this past week.

Every Sunday I do a weekly roundup that includes a short audio segment recapping the business of athletes sports stories that I didn’t have a chance to write about.

You’ll enjoy it — many others says it’s one of their favorite newsletters of the week.

Audio Timeline:

0:34 - A Stock Market, But For Betting on Athletes

1:32 - Players Holding Out of Spring Practice Due to Lack of NIL Deals

2:40 - The Business of March Madness

3:30 - Two Cool Basketball Stories (it’s growing fast internationally)

4:23 - Kyler Murray Donating $60,000

4:59 - The Sports Analytics Market To Reach $8B…But How?

5:47 - NFTs x LSU and A New NIL Market Report

6:50 - Drake Makes (and loses) Millions Betting on Sports

7:52 - A New $80,000 Gadget The NFL is Using

Interesting Stat

A whopping 78% of former NFL players go broke just 2 years after retirement.

This chart is pretty eye-opening (and shows the need for greater financial literacy across all demographics, age groups, and professions).

Short Passage of The Week

By Steve Gilbert

When people would come to me for advice, I would always worry that I had to come up with the "right" answer for them. But I realized that almost without fail, people don't expect us to have the answers for them. They come to us because they want to someone to listen to them and support them as they work through whatever the issue might be. When we are focused on listening to them (instead of being lost in our own heads trying to come up with the "right" answer for them) we can ask them questions that help them to see what the best path for them is. Today, focus less on trying to come up with the right answers for people and instead pose the right questions.

“The wise man doesn't give the right answers, he poses the right questions.”

Recommended Media

Good listen about where sports is headed and the technology behind it.

https://www.tenoneten.net/steve-ahern-kb-partners/

And then this video shows the 3D experiences fans will soon be getting for sports — it’s still in early stages of development.

Tweet(s)

Kyrie is playing chess, while everyone else is playing checkers (he’s also very generous):

For my investors - I think you’ll enjoy screenshotting this one 👇

What To Keep An Eye On This Week

* NCAA Tournament and How Companies Decide to Approach NIL

* an in-depth breakdown on the Business of March Madness will be released this week here on The Petcash Post (it’s eye-opening 👁 )

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“Patience, persistence, and perspiration make an unbeatable combination for success.” - Napoleon Hill

Enjoy the rest of your Sunday!

Keep moving the needle forward.

-AP

Audio Timeline:

0:38 - Big Companies Spending Millions on College Athletes

2:11 - Highest Paid Female Athletes + Most Googled Athletes

3:45 - How Much Money MLB Players Are Losing During The Lockout

4:46 - Former Athletes Talk About Poor Financial Decisions

6:30 - Russian Sports Sanctions, Fanatics, and NFT x NIL partnership

7:45 - Staggering Numbers Out of New York’s Sport Betting

8:38 - Cryptocurrency Sports Partnerships Report

9:41 - Why College Athletes Shouldn’t Want To Be Employees

11:08 - A College Athlete Receiving Equity On Top of NIL

Tweet(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 Week

Essentials 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 & Connection

Recommended Media

Very inspirational video right here.

What are your excuses?

Good Read

How NIL is Setting Athletes Up For Life

https://www.oregonlive.com/sports/2022/03/set-me-up-for-life-female-college-athletes-stash-nil-cash.html

Enjoyed 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 Stat

The 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.

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Enjoy 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.

-AP

P.S.

Here’s a cool investment calculator to play around with: