$1M for College Athletes, US Army + Athletic Scholarships, and a New Pro Sports Owner

<p><strong>Audio Timeline:</strong></p><p><strong>1:14</strong> - Feel Good Sports Stories</p><p><strong>4:32</strong> - NIL Report</p><p><strong>9:41 </strong>- Athlete Business/Investment Stories</p><p><strong>14:34</strong> - Sports Business/Tech Report</p><p>Interesting Stat</p><p>The NCAA makes over $1B in revenue a year and president Mark Emmert enjoyed a cushy $2.9M salary last year. </p><p>Interested in the NCAA’s full financial statements?</p><p>Check them out here:</p><p>Short Passage of The Week</p><p><strong>The Art of Thriving</strong>When we disconnect to reconnect as leaders and positive-difference makers, life becomes art, and the beauty is in the eye of the beholder.</p><p>* The art of using “no” as a complete sentence.</p><p>* The art of rediscovering yourself over, and over, and over again.</p><p>* The art of clearing your mind so that you can listen to your heart.</p><p>* The art of balancing empathy for others with empathy for yourself.</p><p>* The art of knowing when to speak, when to listen, and when to leave.</p><p>* The art of knowing when to pivot, when to pause, and when to persist.</p><p><em>Passage by Mitchell C. Clark, Keep It 100</em></p><p>Recommended Media</p><p>Came across a great interview by Adam Breneman and current Penn State QB Sean Clifford.</p><p>Really enjoyed the segment discussing Clifford’s new business venture and NIL developments. </p><p>That part starts at the 25:58 timestamp. </p><p>Tweet(s)</p><p>Interesting read on the “broken” college athletics system 👇</p><p><strong>Who has YOUR best interest at heart?</strong></p><p>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. </p><p>Most would question why this is NOT the case for all financial advisors or anyone dealing with a subject like money.</p><p>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. </p><p>As you look at advisors, the first question should be 'Why are you not a fiduciary?'</p><p>Quote</p><p>“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</p><p>Extra Credit</p><p>Serena Williams really is the 🐐</p><p>One day an athlete will retweet a Twitter thread I put out on them — looking forward to that day. </p><p>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. </p><p>Peace,</p><p>-AP</p> <br/><br/>This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit <a href="https://www.petcashpost.com?utm_medium=podcast&#38;utm_campaign=CTA_1">www.petcashpost.com</a>