After nearly 20 years of ownership, Chelsea owner and Russian Oligarch Roman Abramovich has announced that he will be selling the club. Abramovich bought Chelsea back in 2003 and, since then, has seen his team blossom into a global powerhouse.
by Matin VarshochiIt starts with the desire to play NCAA basketball, become a national champion, and improve their chances of getting drafted. Players, such as Jalen Green and LaMelo Ball, forfeited the college route as rules prohibited players from earning money.
by Matin VarshochiMany 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 VarshochiRap 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 VazquezThe 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 VarshochiOn 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 VazquezDue 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 VarshochiOvertime Elite (OTE) is a newly funded league that provides high school players an alternative pathway towards achieving their NBA dreams.
by Matin VarshochiFor 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 HerbertDespite the continued reluctance from the NCAA, the Supreme Court ruled in favor of college athletes. On July 1, 2021, a new federal bill was passed, stating that college athletes could receive compensation for their name, image, and likeness (NIL).
by Matin VarshochiMany travel bans are now being lifted, and some countries are allowing international travel with some restrictions and requirements. However, spending tons of money to travel isn’t necessary. Numerous resources are available to help you save your coins as you get ready to start traveling the world.
by Matin Varshochi