Joe Pompliano joins Jeff to discuss the business and money behind sports. Joe is the creator of Huddle Up, which documents the business deals, entrepreneurial ventures and off the field success of teams and players. Listen in to hear Joe’s thoughts on sport as a business, how you can invest in the success of your favourite teams and stories Huddle Up has documented, such as how an NBA player turned his $350K salary into a net worth of $600M.
Here’s a glance at what you’ll learn from Joe in this episode:
- The business and money behind sports
- How Huddle Up came into existence
- If NFT’s are a short or a long game
- How an NBA player turned his $350,000 salary into a net worth of $600M
- Who the most impressive athletes are, in terms of business
- An ETF for investing in professional sport teams
- How can clubs and players profit from NFTs
- The potential of sport cards
- The difference in influence between US & European sport stars
- How sport effects and creates popular culture
Timestamps:
- 0:15 – Introduction
- 0:45 – Who is Joe Pompliano?
- 3:26 – How Joe learned how to monetize
- 7:15 – Joe’s time at Octagon
- 8:15 – NFT’s
- 12:00 – How Joe works with his brothers
- 14:06 – Junior Bridgeman: $350,000 into $600M
- 18:20 – eSports
- 20:15 – Long term aspirations
- 22:20 – What is Huddle Up?
- 25:00 – Huddle Up Logistics / Team / Plan
- 28:35 – The most impressive athletes (in terms of business)
- 35:15 – ETF for Professional Sport Teams
- 39:24 – Franchises, teams & players, who owns the NFT?
- 48:15 – Sport Cards
- 58:52 – Teams hiring private investigators
- 1:00:00 – How to consume sport news content
- 1:01:30 – Favourite sport
- 1:02:00 – Poker as a sport / how sport differs per region
- 1:09:15 – Match fixing
- 1:11:40 – Cryptocurrency
- 1:13:10 – COVID long term effects on sport
- 1:15:10 – How to fit into the corporate finance world
- 1:18:32 – Sports effect on popular culture
- 1:22:00 – DFS prediction
- 1:25:45 – Best Huddle Up articles
- 1:28:25 - Conclusion
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