Audio Timeline:
0:30 - Feel good stories
* $16M raised by pro quarterbacks, $3M for mental health services, and Planet Fitnessā initiative for teenagers.
2:45 - Business of Athletes
* Shaquille OāNeal is contemplating an investment in the NBL (Australia). He would join current NBA players Thaddeus Young and Khris Middleton.
* Nicklas Bendtner, a former soccer star for Arsenal F.C., recently launched his own esports company known as Prosapia Esport ApS.
* Luka Doncic is having some trademark trouble with the USPTO as hisāLUKA DONCICā failed to register due to similar trademarks not being owned by him.
* LeBron James, Kevin Love, and Tobias Harris are investing in Neutral Foods, a carbon-free nutrition company, alongside Mark Cuban and Bill Gates.
* Las Vegas Raiders QB Derek Carr has joined Oofos, an active recovery footwear brand, as an investor and ambassador.
* Tennis great Billie Jean King is helping to launch Trailblazer Venture Studio, a new accelerator supporting women-run businesses in sports and media.
9:30 - Name, Image, and Likeness
* Heach Coach Dabo Swinney has re-signed with Clemson for over $100M
* Purdue and Grambling State University offer school-wide NIL opportunities to enable all athletes in getting paid.
* An NFT-run basketball tournament helping high school basketball players get paid and also educated on web3.
14:20 - Future of Sports
* Venturerock launched a $75M sports tech venture investment company (VIC). Athlete investors include former Dutch soccer player Mark van Bommel and former New York Jets cornerback Bryson Keeton.
* Science in Sport, a premium performance nutrition brand, has secured $3.5M in additional funding.
* Sorare is teaming up with the NBA to serve as the official NFT fantasy partner and will debut a new fantasy offering for the 2022-23 season.
* The sports NFT market size is at $2.6B in 2022 and is forecasted to reach $41.6B by 2032.
* The Saudi National Development Fund (NDF) is adopting a program to finance the gaming and e-sports sector with $80M.
* New York Knicks named the most valuable NBA team by Forbes Magazine at $5.8B.
Interesting Stat
Hereās a map showing where most college football players come from:
To no surpriseā¦
Southern California, Texas, and Florida are the hotbeds.
Perhaps a breakdown for a later date as this stuff fascinates me.
Short Passage of The Week:
Two things you get every day:
A chance, and a choice.
It is our responsibility to make the most of them today!Ā
* Less phone, more reading.
* Less facts, more intuition.
* Less consuming, more creating.
* Less commotion, more solitude.
* Less talking, more listening.
* Less controlling, more sharing.
* Less judgment, more empathy.
How will we spend our 86,400 seconds today?
Passage by Clint Hurdle
Recommended Media
I enjoyed this piece by CJ Gustafson who is the founder and editor of Mostly Metrics.
Itās a free weekly newsletter about startup metrics and business models.
While I did a good bit of finance at Boston University, much of it slips out the backdoor. Always nice to stay sharp on the financial side of things.
Iām a firm believer in knowing a little bit about a lot of things. A āgeneralistā is a term that you might have heard thrown around before.
Tweet(s)
With school starting back up I thought this was an interesting thread for parents:<
