Premier Lacrosse League President and Co-Founder Paul Rabil joins Yahoo Finance's Brian Sozzi and Rachelle Akuffo at the 2024 Cannes Lions International...
Rabil notes that a major trend in sports is more players building financial security and long-term wealth. His biggest piece of advice for players is to"Take your time. Interview several or more wealth advisers or groups," instead of going with the first option provided to them. He notes that, just like lacrosse, having a team is key to financial success .
And all of these, like sport ISMs in business I found and in life and even in romance about compromise, and so can you maintain your competitiveness and offer a level of compromise? So as I entered the pro game, which was called at the time major League lacrosse in 2008, I had a Facebook page. So we just saw the PGA tour announce that they're going to give some of their golfers equity, but they raised at a two or $3 billion valuation, so you have to look at the equity I'm getting at this post money valuation.So David Blitzer and Josh Harris are looking.So we often hear about stock and equity and these unicorn valuations and people get in a 13 to 40 X return.So that's how I like think about and how we talk with our players about equity in today's climate.
Um, when we think about the future of where we're gonna go, we're sort of in a unique place because we're a team sports league that's wholly owned.So it's fully turn key, which is important to advertisers.So I mean, I figured I'd toss that up for you is three ways, right? This is his team, and my advice to athletes having learned it the hard way and figured it out over time is take your time.If you're fortunate enough to be recruited and have a choice which most athletes athletes don't you get into a school that's your coach, you're drafted by a team that's your coach.So we got to learn that the leverage then turns towards us as athletes to meet the right people, interview people ask difficult questions and then find references.
That comes from Scott Galloway, who who I think does a great job of articulating this so I'll do my best to mirror it.
Brian Sozzi Rachelle Akuffo Financial Success
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cape Breton Warriors fall short in East Coast Junior ‘B’ Lacrosse League home-openerExplore stories from Atlantic Canada.
Read more »
Cape Breton Warriors fall short in East Coast Junior ‘B’ Lacrosse League home-openerExplore stories from Atlantic Canada.
Read more »
Manchester United’s Jim Ratcliffe Fears for Future of Premier LeagueIn a wide-ranging interview, the chemicals billionaire talks football regulation, money and why he’s got his eye on Real Madrid.
Read more »
Canadian Premier League brings Vancouver vs. Calgary match to KelownaAccording to Vancouver FC president Rob Friend a CPL team could become a reality in Kelowna.
Read more »
Brighton hires Texas-born Hurzeler as coach, youngest ever in Premier LeagueTexas-born Fabian Hurzeler was appointed Brighton coach on Saturday and became the youngest manager in English Premier League history.
Read more »
Premier League clubs vote to continue using VAR next seasonThe clubs, however, also voted to make improvements to VAR ‘for the benefit of the game and supporters’
Read more »