I think that's probably fake news or sensationalized (CBA wouldn't allow it anyway) but I did see it and thought to myself people overrate an equity stake unless you're getting some sweetheart stake deal like Brady got with the Raiders where you get to buy in at a massive discount.
If my entire earnings future was tied to the NFL, I'd want my earnings to be given to me so I could invest in entities that aren't the NFL. Businesses, stocks, real estate.
Just because the NFL was a great investment the last 25 years doesn't mean it will be the next 25 and you're already very exposed to that business with your earnings.
Who knows how popular football is going forward really. Not saying it'll go the way of baseball/hockey but grown men living vicariously through 25 year olds could become a fragile business model at any moment.
Just don't know how much more juice can be squeezed from it.
If my entire earnings future was tied to the NFL, I'd want my earnings to be given to me so I could invest in entities that aren't the NFL. Businesses, stocks, real estate.
Just because the NFL was a great investment the last 25 years doesn't mean it will be the next 25 and you're already very exposed to that business with your earnings.
Who knows how popular football is going forward really. Not saying it'll go the way of baseball/hockey but grown men living vicariously through 25 year olds could become a fragile business model at any moment.
Just don't know how much more juice can be squeezed from it.
