January 22, 2023

Weekly Roundup: Business of Athletes, Sports, & NIL (Jan 16-22)

Listen Later

11 minutes

(00:30) Feel good stories

Sport Clips Haircuts held an event where they also donated $1.5M toward veterans' scholarships.

NBA forward Kyle Kuzma is donating $1 million to the YMCA in his hometown of Flint, Michigan.

The Green Bay Packers are donating $100,000 to provide 80 Automatic External Defibrillators (AEDs) to schools in Wisconsin.

(02:05) - Business of Athletes/Sports

Olympic gold medal-winning sprinter Usain Bolt is missing more than $12.7 million from an account with a Jamaican private investment firm.

Harris Blitzer Sports and Entertainment announced that it has purchased a major stake in Ripken Baseball.

Deal Box is launching a $125M venture arm, where they will look at “FunTech”, which includes action sports.

LIV Golf has finally found a home on American TV after striking a deal with the CW Network.

The Tennis Channel has deepened its partnership with Major League Pickleball and will now air the league's semifinal and finals.

Sports-focused NFT company Candy Digital announced a Series A extension funding round following reports Fanatics was selling of its 60% stake in Candy Digital.

EP Golf Ventures has invested in Sensible Weather, a climate risk technology company that has a partnership with the PGA.

Courtside Ventures has completed a $100M sports fund, their 3rd which includes athletes investors such as Larry Fitzgerald and Shaquille O’Neal.

(07:15) - Name, Image, and Likeness

Curastory is partnering with Tempus Ex Machina to allow Pac-12 players to post content on their social media platforms and earn 50% of the ad revenue they generate.

Penn State’s NIL collective, Success With Honor, has secured contracts with at least 1 athlete from all 31 varsity sports teams.

The College Athlete Protection Act was presented in California, which would require the state's college sports programs to share revenue with their athletes.

...more

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The Profluence Pod 🌐

By Andrew Petcash

4.6

1919 ratings

January 22, 2023

Weekly Roundup: Business of Athletes, Sports, & NIL (Jan 16-22)

Listen Later

11 minutes

(00:30) Feel good stories

Sport Clips Haircuts held an event where they also donated $1.5M toward veterans' scholarships.

NBA forward Kyle Kuzma is donating $1 million to the YMCA in his hometown of Flint, Michigan.

The Green Bay Packers are donating $100,000 to provide 80 Automatic External Defibrillators (AEDs) to schools in Wisconsin.

(02:05) - Business of Athletes/Sports

Olympic gold medal-winning sprinter Usain Bolt is missing more than $12.7 million from an account with a Jamaican private investment firm.

Harris Blitzer Sports and Entertainment announced that it has purchased a major stake in Ripken Baseball.

Deal Box is launching a $125M venture arm, where they will look at “FunTech”, which includes action sports.

LIV Golf has finally found a home on American TV after striking a deal with the CW Network.

The Tennis Channel has deepened its partnership with Major League Pickleball and will now air the league's semifinal and finals.

Sports-focused NFT company Candy Digital announced a Series A extension funding round following reports Fanatics was selling of its 60% stake in Candy Digital.

EP Golf Ventures has invested in Sensible Weather, a climate risk technology company that has a partnership with the PGA.

Courtside Ventures has completed a $100M sports fund, their 3rd which includes athletes investors such as Larry Fitzgerald and Shaquille O’Neal.

(07:15) - Name, Image, and Likeness

Curastory is partnering with Tempus Ex Machina to allow Pac-12 players to post content on their social media platforms and earn 50% of the ad revenue they generate.

Penn State’s NIL collective, Success With Honor, has secured contracts with at least 1 athlete from all 31 varsity sports teams.

The College Athlete Protection Act was presented in California, which would require the state's college sports programs to share revenue with their athletes.

...more

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