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Klay Thompson played for the Golden State Warriors for 13 seasons — winning 4 championships on his way to becoming one of the most beloved players in franchise history.
Last night, he returned as a member of the Dallas Mavericks — and the Warriors/Chase Center employees surprised him with a standing ovation.
Absolute class. 👏
(🎥: X/57thegame)
👑 The most important offering in the history of Rally, starting this week...
LeBron is probably the greatest athlete of all time (whether you want to hear that or not), and the numbers support it:
✓ The all-time scoring leader.
✓ 1,000 straight games scoring double-digits.
✓ Most All-Star Appearances ever.
✓ Most All-NBA selections ever.
✓ Most playoff wins ever.
✓ 4 MVPs.
✓ 4 Titles.
With that, we present a first-of-its-kind IPO: 10 unique LeBron James game-worn photomatched and authenticated jerseys representing moments that will help shape the nostalgia of the future, packaged as one investment vehicle that will allow us to add more jerseys over time or sell pieces off along the way.
There are just over 300 known LeBron game-worn jersey sales, of which less than 115 have ever been definitively photomatched. With a limited population and a game-worn market that has seen incredible growth over the last year, this is a space that collectors of all kinds are taking very seriously, and this is a set of jerseys that we believe to be amongst some of the most unique in recent history.
No matter what you think of him, we’re getting to the end of something we’re never going to see again. *Ever*
You can get a piece of that legacy before LeBron hands the crown to the next generation starting at $10 per share, exclusively on Rally.
You have to be pretty rich to own a sports team. But how rich?
Steve Ballmer, owner of the LA Clippers, has a net worth of $123 billion. That makes him richest American sports team owner.
To put this in perspective, his net worth is 4x higher than Daniel Gilbert (owner of the Cleveland Cavaliers) and 6x higher than David Tepper (owner of the Carolina Panthers and Charlotte FC).
The chart below was created by Sportico based on data from Forbes.
#sportsbiz
Investor I Mentor I Co-founder of MBAcquipreneur™ I A New Kind of MBA I Helping fashion/ecomm brands grow and scale | Message me “MBA-ready” for a free MBAudit™
Days go slow, years go fast. ⏳✨
One of my first mentors in business shared this wisdom with me at the Hynes Convention Center in Boston, right outside where the Celtics recently celebrated their championship parade, becoming the winningest team in NBA history. 🏀🏆
His name was Bill Walsh—not the historic coach of the San Francisco 49ers, the only other team besides the Patriots that can claim dynasty status. 🏈
Bill Walsh mentored Bill Belichick, who famously said, "I never lost a game, I simply ran out of time." ⏰
Whether it's building a dynasty in a sports franchise or creating your own cash flow dynasty for your family, time is an essential factor. ⏱️💼
But time also means preparation.
When Drew Bledsoe was sidelined after a massive hit, despite having one of the largest quarterback franchise contracts in the NFL at that time (cash is trash), Tom Brady was ready and eager to step in—he also had time on his side. 🏅
Do you feel like time is on your side?
Wherever you are today, now is the best time to get a handle on your portfolio.
While many of us in Boston consider Tom Brady to be the eighth wonder of the world, it's actually compounding interest—and time is the secret ingredient to that equation. 📈🔑
#TimeManagement#BusinessWisdom#CashFlowDynasty#BostonMentors#CompoundingInterest#PreparationMeetsOpportunity#DynastyBuilding#TomBrady#BillBelichick#MentorshipMatters#FinancialFreedom#BostonStrong#HynesConventionCenter
The Power of Partnerships - when great people work together backed by the combined resources and strengths of two great companies, the relationships and the success for both is greater.
During the Core and Main-Peoria Chiefs, baseball outing for customers and families, veteran Core and Main district manager, Randy Bradley, and I had a chance to chat about our 25 years of working together in the Eastern Missouri market. He’s one of the best. Plus he has one of the best group of sales folks in the business.
🏀 Boston Celtics Up for Sale After Winning Record 18th NBA Championship
The Grousbeck family is selling a majority interest in the Boston Celtics just weeks after the franchise secured its record 18th NBA championship. The Grousbecks, leaders of the Boston Basketball Partners group, acquired the Celtics for $360 million in 2002. They announced that the sale is for "estate and family planning considerations." 🏀💰
📅 The sale is expected to be completed either in late 2024 or early 2025. Wyc Grousbeck will remain the team’s governor until 2028. Celtics co-managing partner Stephen Pagliuca, who also owns a stake in Serie A side Atalanta, confirmed his participation in the bidding process. Pagliuca expressed his dedication to the team and his intention to remain involved. 🗓️🔄
📈 The Celtics were valued by Forbes at $4.7 billion, making them the fourth-most valuable team in the NBA. The sale is likely to set a new NBA record, surpassing the $4 billion paid for the Phoenix Suns in December 2022. Other members of the ownership group may also seek to retain or increase their stakes. 📊💸
🏟️ Additionally, the Celtics and Bruins’ TD Garden naming rights deal has been extended until 2045. The potential sale could be structured similarly to the halted Minnesota Timberwolves deal, which faced challenges and is currently in mediation. NBA Commissioner Adam Silver has expressed concerns about stepped transactions, indicating a possible reassessment of such deals. 🏟️🗣️
📸: Finals MVP Jaylen Brown hoists the Bill Russell Trophy during Friday’s parade in Boston / NBA
#BostonCeltics#NBASale#GrousbeckFamily#StephenPagliuca#Basketball#NBAChampions#TDGarden#SportsBusiness#TeamOwnership#NBAValuation
A cross-practice team, led by Global Head of Sports Matt Eisler and Los Angeles partner Michael Turrill, has advised Tom Gores (the founder of Platinum Equity and owner of professional basketball team the Detroit Pistons) on his purchase of a minority stake in the Los Angeles Chargers, an American football team.
Find out more here: https://lnkd.in/g2MPsgh2#PrivateEquity#MergersAndAcquisitions#Sports
🚨Announcement: Bettinardi Golf, the leader in precision-milled putters, premium golf equipment, and accessories, proudly announces a groundbreaking licensing agreement with the National Football League (NFL). This multi-year collaboration will introduce officially licensed NFL-branded Bettinardi putters and accessories, blending world-class craftsmanship with NFL fandom*.
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📢 Press Release: https://lnkd.in/gR_KgV2x
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When Bettinardi and the NFL join forces, they forge an inspiring community where artistry and sportsmanship collide. Together, they empower you to aim higher, dream bigger, and tackle every challenge with unyielding enthusiasm.
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#NFL, #NFLFootball, #NFLxBettinardi, #BettinardiGolf, #GolfAndGridiron, #TeamPride, #PrecisionCrafted, #BettinardiHive, #MadeInTheUSA
Creating wealth solutions for families, business owners, professional athletes & coaches using Premium Funding for Life Insurance and Private Placement Life Insurance
Celtics are on the block after taking NBA title.
The team’s ownership group, Boston Basketball Partners LLC, has decided to sell the franchise for estate and family planning considerations, according to a Celtics statement. The owners expect to sell a majority interest this year or early 2025, with the remainder closing in 2028.
The Celtics are going on sale at a time of surging valuations for pro sports teams. That’s prompted more franchises to sell minority stakes or offer up control. In the past year, the NBA alone has seen three franchises change hands, with the Phoenix Suns, Charlotte Hornets and Dallas Mavericks all going for $3 billion or more.
Sportico values the Celtics at $5.1 billion, the fourth-highest in the league. The current ownership group, led by Wyc Grousbeck and including Stephen Pagliuca, bought the team for $360 million in 2002.
#estateplanning#premiumfunding#lifeinsurance#premiumfinance#taxstrategies#estatetax#PPLI