1-on-1 with DP – 93.7 The Ticket KNTK - Athletes and NIL: June 9th, 10:25am

Episode Date: June 9, 2022

Do athletes and parents understand NIL betterAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

You're listening to One-on-One with D.P. Brought to you by Mary Ellen's Food for the Soul on 93-7 The Ticket and the Ticketfm.com. Welcome back to one-on-one. Coach Barry Thompson brought to you by the folks of Ambition Electric. We do have, we have a grill off tomorrow morning, 6 to 10. I have four tickets for the Lincoln Salt Dogs and a VIP parking pass for the next person who registers. You're going to register and show up. When you come up tomorrow, they'll pick up the tickets.

Simple deal. Just go to Ticketfm.com and say, hey, I'm in. Tell me what you're grilling with. Give me a shirt size so you make sure you get your ticket t-shirt. Right? For the winner, there's some cool stuff. Strict just signed something for the winner as well. Very nice.

We also have, shout out to Canopy Street Market, a whole bunch of ground beef and hot dogs. Yeah. So if you just want to bring a grill and do your thing, you can do that too. You can do that too. Right? So if you need extra stuff, we've got, we can make the world famous Cosby beef burger dogs.

Barry, you trying to get down here for tomorrow? Well, listen. And, you know, with all this technology, you know, I do have a ringer out here in in San Philly, Virginia. Oh, tight. That we can hook up a little streaming thing. Oh, tight. I'm telling just on the snotty, we don't have smell of vision.

Yeah. But if you just see what he can put together on a grill. Yeah. I just say, can we get an entry for 10? Because I can talk to my guy. I need to get him a shirt anyway. I need to get him a shirt anyway. Because he actually sent a video and said, hey, I'm in Virginia, but can I still compete?

I was like, brother, oh, my goodness. Good, good. I've seen his work. Oh, my God. Yeah. I've seen it. I've tested it. Yeah, he's put it in.

He's put it in. He's put it in. But we'll talk about food in the next segment. We know we got plenty of that. We know what that is. But again, the grill office tomorrow, 6 to 10 a.m. here in the parking lot here at the ticket. So we will put those there and put those out.

Barry, it's, did you, did you, how do I want to put this? Did you get the vibe now from student athlete that they have a better understanding of what NIL is and what they can and can't do with it. I'm not sure. No, I don't know. I mean, it's out there, but just the guys I'm dealing with, I'm not sure that they know exactly how it works. Because you're essentially asking them to be a business person, right?

And I'm not sure that every football player is a business person just because the stuff is out there. I did witness early on kind of the low-hanging fruit, somebody was offering something. It wasn't bad. It was just something, and they were, you know, they would take it, and then now you don't see it anymore. You'll have a few entrepreneurs who will, who are playing football, who will figure that out on their own,

and they'll be looking toward that long-term type of deal. But in the main, I think most of them are really kind of concern with, you know, can I get on the field, can I stay on the field? you know, can I hold my grades together, you know what I mean? Right. And I'm sure it's a conversation with buddies, but then, you know, somebody needs to pull the trigger for them to understand because they're not in the main business people, you know?

So there's entrepreneurial guys on the teams, there's entrepreneurial guys on campus. And again, they'll put you again, I keep taking things way back and the way back. But I do that because even though it's a way back example, you know, people are the same. So remember back when Notre Dame and Miami were really going against each other, right? There were the convicts versus the Catholics. And there were a group of guys at Notre Dame who made a ton of money just making up T-shirts and sell them.

Right, so there can be somebody along the way who kind of figures that out. But no, in the name, none of my players that I know, at least they haven't told me, maybe cut the coach out. I don't think the tape figured it out yet or that they have the inclination to do it. It's going to be somebody, you know, saying, hey, kind of like that Michigan State model. You're going to be somebody who says, hey, the three or four of us,

I got this thing that works. You trust me. Let's get going. In the second part of that, the question that I deal with in dealing with student athletes who were coming in and wanting to do shows and wanting to learn the business,

but do the parents know and understand NIA? No, no. I just, no. I mean, there might be a few sharp ones. Like I know there's nothing out the family or missing, but I know there's a family in Texas who I've been, you know, indirectly connected with through training. And I'm watching them put together something, right?

and it's including, you know, NFL quarterbacks. I know how those kind of connections work. And so that's a good example of a young person having a business-minded support system and the player having enough of a profile in his local area that that particular family and that player is taking advantage of that and where that will go from there. I don't know. But, again, I mentioned a lot of things for that to happen, right?

And this isn't something that popped up because of NLA. I have another family. And the family, it's just a business-oriented family when it comes to just life in general. I mean, their approach. So there'll be people out there like that. And let's let's the template. I just don't think in the main, every player's going to rush out and get himself a deal. Does that conversation need to happen?

Are the resources available? or does it require somebody with a name and a reputation to handle that? How do we bridge that? Well, I think the Michigan State model seems to be the one that kind of takes care of it for players because they only have to do what they're supposed to do and everybody will make money. That's the simplest thing, right? These other things you're asking someone to do something extra, either they have a proclivity to do it or they're being taught and shown this path.

at it that you can lead a horse to water but you can't make them drink. Well, you know, just presenting these guys with the opportunity to make money doesn't mean. And then the other thing, too, there's some guys who are lazy. They don't want to do it. You know, you're paying for my books. You're paying for my school. I got my meals. I can lift.

I can eat. And I go play football. I don't need any mess, right? So there's an old mark 20thage. A lot of people miss the opportunity because it's dressed up in overhaul and it looks like work. Yeah. Right. So once you present this opportunity, yeah, it sounds good.

But then players, you know, okay, what do I do? They're going to give me money? No, you have to go out and do this. Right. So that's the other part. And so the ones where they're just throwing money at it, that's just short-term stuff. That's short money. I don't see how that persists, right?

I don't see how that persists. Yeah, I'm a little concerned in that there is a much simpler. distribution center available for folks and greater impact. Greater impact, but as you said, it requires some work. Yeah, yeah. So, you know, yeah, the answer is yes.

And these players get money, and I'll draw for another quote. It's from the movie Wall Street, and guys are probably old enough for some yardings. I don't know your demographics, but there was Wall Street. Michael Douglas character played this Raider where he would just go in and grab these companies

that were under bat. he would value them differently so he could get at a low price, he could break it up in small parts and sell it for more than he bought it for. And he didn't care about the ramifications. And he gets up and makes a speech about greed is good. And then somebody attacks him on it. And he says, essentially, he says, a fool. It says, the adage is, a fool in his money are soon parted.

That's the way that goes. He reverses it. And he says, the fool in his money are lucky to get together in the first place. Right? So you present players these opportunities to earn money. Even if you give them money, if they don't know what to do with it, then they're going to lose the opportunity. So if you want to be protective of it, if you want to see this collective model seems to be the one. I'll mention one of those things on this thought.

Excuse me. There used to be when a guy was growing up and he wanted to say, I want to be a pro, this, pro that. The old folks were right behind that, say, well, you need your education and fall back all. Now, for years, I have been saying, if a guy tells me he wants to play professional football, I would say get your education because when it's time for you to come off the field, if you really love the sport, you'll have a chance to stay in the sport. We are living in an era now where these guys can look up and see multiple examples of guys who have played at a high level and then crossed over and remain in the industry.

and in many cases make more money off the court of the field than they have. You have Michael Jordan moving into ownership. A lot of people, Larry Bird, Kevin McHale, all those. But cross over, now you have LeBron who just became a billionaire. Right? Yep. That didn't all happen from basketball. Probably got $300 some million from basketball, $500 million here, $300 million there,

are stuff that happened outside of basketball. And now as you look up and you look at this. industry and you start to say they're going to be smarter players you start to look at that model right instead of the cars and the jewelry and so forth right they're going to start to say okay how that happens right and they're going to start taking up the phone and like lebron did and he went to talk to Warren buffett early in his career right he went to hang out with some different people because he said i want to this is what i want to do you have magic johnson you know he always famously always wanted to be a business guy right yeah yeah

and, you know, he slowly through all these things. He found himself there. And now he's an owner and part owner of, I think, two or at least one. One, you know, in addition to the thing, so how do I happen? You know, it goes back to what I tell young players all the time about, hey, I'm here and I want to go there. It's like, you know, you better have a plan. You better love it, right? You better have a plan.

You better get some expertise, right? you better get some expertise because if you're sitting here and you need to find out how do I get to there, right? There's people that know how to get to there. Success leaves hence, right? It leaves hints, it leaves clues, which means that you can watch somebody, watch what they do, mimic it, and get success. One of the funniest things was people used to criticize Kobe because he looked just like Michael. He just, oh, wait, well, who else is he going to cop? You know what I mean?

Right. Like, like criticize him for copying the best player in the world. Right. It's like, y'all are crazy, you know, but,

you know, like, I was one that I go, really, you're going to criticize him because he does everything like Michael George, but you love Mike, but he,

anyway. So I think this is, in the best of World CP, it'll get sorted out, and there'll be more players because, especially good players, because,

Good players are intelligent and they're creative. And they're going to start looking at their game a little bit differently. And they've got great examples. It's never been a better time to be a professional athlete if you are looking at the longevity of your career. And I'll start talking. But a few months ago, people were going back and forth between who's better Mike and LeBron. And I never entered into it because I was always interested in what LeBron was going to do after he finished playing.

It was only then that I would judge because Mike took this to off the court. Oh, yeah. Right? He took it to off the court. Magic took this to off the court. So now I think it's myopic to judge somebody is Steph Curry the greatest of all time. Yeah, Steph's good. I love Warriors and all that stuff.

But they've raised the bar. You know, okay, what are you going to do with this stuff? Are you going to go own a team? You know, are you going to become a billionaire? you know, those guys have moved the bar up for me as to what I consider a successful career now. Yes. Yeah, Steph has, I mean, Steph's in the TV shows, golf courses, golf courses, golf programs. Steph is following that.

He's in that lane. There's no question that he's already active in his after career. There's that. Before we go to break, we had a question from Joe. Of course, you know, Joe from Ambition Electric. He goes, will Barry be in Lincoln anytime soon? Would he like to go fishing with me? I'd like to go fish.

Yes. It answers yes and yes. And won't talk in vague terms. We're going to talk with concrete terms. It's going to be hard this summer because of the football schedule.

But now that Joe asked, I'm going to look harder to the live schedule. There's no reason why I couldn't get on a plane and get out there for a day or two. So let me come back with some firm dates. And we'll make that happen. I love to meet Joe. We'll go fishing.

And more importantly, Joe, I love to eat the fish. So we can throw some back, but some are hitting that skill. There we go. We'll talk about that. We'll find out what Barry Thompson is cooking up next. Watch live on Facebook, YouTube, or Twitch. You're listening to one-on-one with DP on 937 The Ticket and the Ticketfm.com.