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

Episode Resources:

Joe Pompliano’s Twitter: https://twitter.com/JoePompliano
Huddle Up: https://huddleup.substack.com/

Podcast Links:

Twitch: https://www.twitch.tv/jeffgrosspoker/
partypoker: https://www.partypoker.com/
Apple Podcasts: https://podcasts.apple.com/us/podcast/jeff-gross-the-flow-show/id1463609319
Spotify: https://open.spotify.com/show/6Yp1jHCaqvYsLtS7lNCGAA
Instagram: https://www.instagram.com/jeffgrosspoker/
Twitter: https://twitter.com/JeffGrossPoker

Andi Kolber

The AI-powered Podcast Player