Results for "sports"16 results found.
Why Athletes Need Financial Literacy

Many up-and-coming athletes gain mainstream media attention starting in high school. Young people who receive media attention typically obtain various endorsements and an abundance of money by extension.

by Matin Varshochi
Artists Are Selling Rights to Their Songs as NFTs

Rap legend Nas announced that he has partnered with Royal, a song ownership platform, and has executed an NFT drop. In the drop, consumers have the opportunity to purchase NFTs that will allow them to receive varying levels of streaming royalty rights.

by Viviana Vazquez
Brooklyn Nets, Walmart, and Others Join the Metaverse

The Brooklyn Nets announced both during their game against the New Orleans Pelicans and on social media their expansion into the Metaverse. This virtual reality platform will have over 100 high-resolution cameras around the players on the court, giving fans an augmented reality experience of the game through a virtual reality headset.

by Matin Varshochi
FaZe Clan Will Go Public in a $1 Billion SPAC Deal

On October 25, 2021, FaZe Clan, the popular gaming, lifestyle, and media platform, announced they will be going public via a merger with B. Riley Principal 150 Merger Corp. The FaZe and BRPM SPAC merger is valued at approximately $1 billion.

by Viviana Vazquez
Tesla’s Market Cap Surpasses $1 Trillion After Hertz Order

Due to the pandemic, Hertz filed for bankruptcy. Less than four months after coming out of bankruptcy, they announced a deal with Tesla. The deal with Tesla will include 100,000 Model 3s, which will be shipped to Hertz by the end of 2022.

by Matin Varshochi
Overtime Elite Offers High School Athletes Six Figures

Overtime Elite (OTE) is a newly funded league that provides high school players an alternative pathway towards achieving their NBA dreams.

by Matin Varshochi
Affirm at Walmart – Buy Now, Pay Later and Layaway

For the past couple of years, Walmart used a layaway plan to aid people with purchasing items. However, they are now promoting an alternative to layaway for their customers by using the Affirm app.

by Nailah Herbert
College Athletes Can Now Profit Off of Their Name, Image, and Likeness (NIL)

Somewhere in the world today, a kid is shooting a jump shot while yelling out "Kobe" or throwing a football with dreams of being the next Tom Brady. People play sports for different reasons, ranging from staying in shape to hopes of playing in the pros.

by Matin Varshochi
5 Celebrities Who Chose Equity Over Cash

Equity allows investors to build long-term wealth by holding a stake (the amount of stock an investor owns) within a company. Being an investor, and particularly an early investor (or stakeholder), comes with risk.

by Sheena Allen
How to Travel Like a Baller But Not Spend Like One

by Matin Varshochi
The Rise of U.S. Capitalism and the Fight for Economic Equality for African Americans - Part II

“We must face the system head-on, and make strides to change it so that we can close the economic inequality gap and defeat capitalism.”

by Nailah Herbert
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