Millions Spent on NIL, NCAA Athletes As Employees, and Crypto x NFT Sports Partnerships

<p><strong>Audio Timeline:</strong></p><p>0:38 - Big Companies Spending Millions on College Athletes</p><p>2:11 - Highest Paid Female Athletes + Most Googled Athletes</p><p>3:45 - How Much Money MLB Players Are Losing During The Lockout</p><p>4:46 - Former Athletes Talk About Poor Financial Decisions</p><p>6:30 - Russian Sports Sanctions, Fanatics, and NFT x NIL partnership</p><p>7:45 - Staggering Numbers Out of New York’s Sport Betting</p><p>8:38 - Cryptocurrency Sports Partnerships Report</p><p>9:41 - Why College Athletes Shouldn’t Want To Be Employees</p><p>11:08 - A College Athlete Receiving Equity On Top of NIL</p><p>Tweet(s)</p><p>Pretty cool segment here about the advanced analytics the New York Giants are using for the 2022 NFL Draft. </p><p>Check this out 👇</p><p>Short Passage of The Week</p><p><strong>Essentials For Growth</strong></p><p>* Proper rest + more learning</p><p>* Making time to build self-awareness</p><p>* Consistent honesty + building new habits</p><p>* Letting go of old stories + saying no to old patterns</p><p>* Believing that you can change + saying yes to supportive people</p><p>* Examining your emotional history + finding a practice to heal past pain</p><p><em>-By Yung Pueblo, in Clarity & Connection</em></p><p>Recommended Media</p><p>Very inspirational video right here. </p><p>What are your excuses?</p><p>Good Read</p><p><strong>How NIL is Setting Athletes Up For Life</strong></p><p><a target="_blank" href="https://www.oregonlive.com/sports/2022/03/set-me-up-for-life-female-college-athletes-stash-nil-cash.html">https://www.oregonlive.com/sports/2022/03/set-me-up-for-life-female-college-athletes-stash-nil-cash.html</a></p><p>Enjoyed this article that focuses primarily on female athletes and how they’re leveraging NIL deals to be successful post-sports.</p><p>What’s wild is some of them are even receiving equity in the companies they are promoting. </p><p>Interesting Stat</p><p>The S&P 500 index acts as a benchmark of the performance of the U.S. stock market overall. </p><p>The index has returned a historic annualized average return of around <strong>10.5%</strong> since its 1957 inception through 2022.</p><p>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….</p><p><strong>$29 million</strong>.</p><p>The power of compounding. </p><p>What To Keep An Eye On This Week</p><p>* More NIL deals for college basketball players as March Madness bids are clinched and what major companies get involved. </p><p>* The MLB and if they reach an agreement to end the lockout.</p><p>* Increased sanctions for the Russian sports world. </p><p>Quote</p><p>Enjoy the rest of your Sunday!</p><p>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. </p><p>Keep moving the needle forward.</p><p>-AP</p><p>P.S.</p><p>Here’s a cool investment calculator to play around with:</p><p></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>