What's Going on in the University Marketing Deals?

5min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Athletic boosters are raising money for the team through marketing deals. They have no official affiliation with the university, but raise funds on behalf of players. If congress doesn't step in and find some sort of way to stabilize this, the whole thing will probably just go professional - which may be like a lot of people think it should. In that world, most schools would cut every single sport that doesn't make money, except for the ones they would have to keep for title nine purposes.

This episode is a first for Acquired: we’re joined by a sitting US Congressman (from Ben’s home state of Ohio!), Republican House Representative Anthony Gonzalez. Anthony serves on the House Financial Services Committee and is deeply involved in crypto and Web3 regulation, as well as on the Climate and Science, Space & Technology Committee where he oversees NASA among many other agencies. His also has an absolutely incredible story — his family immigrated from Cuba to Ohio, he played in the NFL, he was COO of an Investment Group of Santa Barbara backed startup, and he was one of a small number of Republican congresspeople who voted to impeach former President Donald Trump after the events January 6th.

If you want more Acquired, you can follow our public LP Show feed here in the podcast player of your choice (including Spotify!).

Links:

Schoolhouse Rock “I’m Just a Bill”
Nick Howley and TransDigm on Will Thorndike's new podcast 50x

Sponsors:
Statsig: https://bit.ly/acquiredstatsig24
Vanta: https://bit.ly/acquiredvanta
Crusoe: https://bit.ly/acquiredcrusoe

‍Note: Acquired hosts and guests may hold assets discussed in this episode. This podcast is not investment advice, and is intended for informational and entertainment purposes only. You should do your own research and make your own independent decisions when considering any financial transactions.