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Earn Your Leisure
EYL #260 Ray Lewis on Lack of Black Sports Owners, Athlete Money Problems, & Learning from Billionaires
Oct 17, 2023
Join Ray Lewis, legendary football player, as he discusses the exploitation of young players, the importance of ownership over endorsements, and lessons learned from NFL owners. Lewis shares his ambition to become a Black-owned minority owner of an NFL team and highlights the transformative role athletes can play beyond the field. This candid conversation provides invaluable insights for achieving financial autonomy and imagining new opportunities in the NFL.
37:16
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Quick takeaways
- Ownership and partnerships are crucial for financial success, shifting focus from being just a player to becoming a player off the field.
- Financial education, understanding the true value of contracts, and taking personal ownership of finances are key to building wealth and minimizing the impact of taxes.
Deep dives
The Importance of Ownership and Partnerships in Financial Success
Ownership and partnerships are crucial for financial success. Ray Lewis emphasizes the need to shift focus from being just a player to becoming a player off the field as well. He shares how he stopped relying on endorsements and instead sought ownership and partnerships. Lewis believes that ownership in various ventures provides a deeper understanding of power and relationships in the business world. He emphasizes that building relationships with those in positions of power is essential, as they are the ones making the real money and decisions.
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