1 00:00:00,440 --> 00:00:03,199 Speaker 1: This is a Boomberg Business of Sports show. I'm Scarlett 2 00:00:03,240 --> 00:00:05,680 Speaker 1: Threw along with Mike Lynch, and today we are joined 3 00:00:05,680 --> 00:00:08,840 Speaker 1: by Isis tell Us. She's currently an associate attorney for 4 00:00:08,920 --> 00:00:11,640 Speaker 1: labor and Employment. But you might know her as the 5 00:00:11,720 --> 00:00:14,880 Speaker 1: former All America basketball player at Duke University and the 6 00:00:14,960 --> 00:00:18,400 Speaker 1: three time All a CC selection, the former w NBA 7 00:00:18,480 --> 00:00:21,279 Speaker 1: first round draft pick, and of course she played for 8 00:00:21,320 --> 00:00:24,000 Speaker 1: the Detroit Shock, New York Liberty, and l A Sparks. 9 00:00:24,000 --> 00:00:29,120 Speaker 1: So she's a big household name in pro and college basketball, 10 00:00:29,200 --> 00:00:33,199 Speaker 1: and now she's a big household name as a labor attorney. Isis, 11 00:00:33,240 --> 00:00:35,880 Speaker 1: thank you for joining us today. Thank you for having me. 12 00:00:36,360 --> 00:00:38,440 Speaker 1: So I'd like to hear a little bit about your 13 00:00:38,479 --> 00:00:44,239 Speaker 1: transition from sports to the legal world. How did that 14 00:00:44,280 --> 00:00:46,640 Speaker 1: come about? Was that always the plan or is that 15 00:00:46,760 --> 00:00:49,440 Speaker 1: something that you had a chance to think about after 16 00:00:49,479 --> 00:00:53,680 Speaker 1: your professional career? Um? It was really always um part 17 00:00:53,720 --> 00:00:56,920 Speaker 1: of my plan. I'd um when I was a kid, 18 00:00:56,960 --> 00:00:58,360 Speaker 1: this lady told me that I was going to be 19 00:00:58,400 --> 00:01:01,440 Speaker 1: an attorney one day. UM, And it's sort of stuck 20 00:01:01,480 --> 00:01:04,040 Speaker 1: with me. And so when I started playing basketball, in 21 00:01:04,080 --> 00:01:07,040 Speaker 1: the back of my mind, I always knew that once 22 00:01:07,080 --> 00:01:09,640 Speaker 1: basketball was finished that. You know, I wanted to go 23 00:01:09,680 --> 00:01:12,400 Speaker 1: to law school and it and it pretty much stuck 24 00:01:12,440 --> 00:01:14,760 Speaker 1: all the way through. And when I got ready to 25 00:01:15,160 --> 00:01:20,000 Speaker 1: UM to retire, I you know, I sort of took 26 00:01:20,000 --> 00:01:22,280 Speaker 1: a step back and went back and looked at some 27 00:01:22,360 --> 00:01:24,920 Speaker 1: of my goals and stuff as a child, and I'm 28 00:01:25,000 --> 00:01:27,800 Speaker 1: very goal oriented and I decided to go ahead and 29 00:01:27,840 --> 00:01:30,399 Speaker 1: take that leap, and I look at it. I always 30 00:01:30,440 --> 00:01:34,280 Speaker 1: tell people I basically transition from the basketball court to 31 00:01:34,319 --> 00:01:38,520 Speaker 1: the court of law. And I really used all of 32 00:01:38,560 --> 00:01:41,640 Speaker 1: the skills and stuff that I learned and developed in basketball, 33 00:01:42,080 --> 00:01:44,320 Speaker 1: and it really did help me UM to be able 34 00:01:44,319 --> 00:01:48,000 Speaker 1: to get through law school. But it has been one 35 00:01:48,080 --> 00:01:50,600 Speaker 1: hell of a transition. I will tell you. It's uh, 36 00:01:50,840 --> 00:01:56,040 Speaker 1: you know, switching from purely physical to strictly cerebral. UM. 37 00:01:56,720 --> 00:01:59,440 Speaker 1: It was. It was a definite challenge. But like I said, 38 00:01:59,480 --> 00:02:02,160 Speaker 1: the skill is that you learn as a professional athlete. 39 00:02:02,640 --> 00:02:06,640 Speaker 1: They're they're definitely UM transitory and they can be applied 40 00:02:07,200 --> 00:02:10,840 Speaker 1: in almost any industry. Hi, I said, this is Mike 41 00:02:10,919 --> 00:02:14,320 Speaker 1: up in Boston. UM, great chatting with you. So give 42 00:02:14,320 --> 00:02:16,600 Speaker 1: me give me an example of that. Like you're tired 43 00:02:16,720 --> 00:02:19,160 Speaker 1: and all of a sudden, your brain kicks in and say, okay, 44 00:02:19,160 --> 00:02:21,320 Speaker 1: it's fourth quarter, four minutes ago. This is where we 45 00:02:21,360 --> 00:02:23,720 Speaker 1: separate the winners from the losers. Is that that type 46 00:02:23,760 --> 00:02:28,160 Speaker 1: of thing takes over in your brain automatically, automatically, automatically, 47 00:02:28,240 --> 00:02:30,360 Speaker 1: and it and it's and it works the same, you 48 00:02:30,400 --> 00:02:33,799 Speaker 1: know thing the same way here in the law. UM. 49 00:02:33,840 --> 00:02:36,760 Speaker 1: It's almost like I've have started to learn how to 50 00:02:36,800 --> 00:02:40,960 Speaker 1: break down UM the legal world, and I do it 51 00:02:41,040 --> 00:02:43,120 Speaker 1: the same way I used to break down my opponents 52 00:02:43,120 --> 00:02:45,720 Speaker 1: on the court. And I really look at everything is 53 00:02:45,760 --> 00:02:48,920 Speaker 1: sort of an analogy M. On the court. You know, 54 00:02:48,960 --> 00:02:51,680 Speaker 1: you have your referees in the court room, you have 55 00:02:51,919 --> 00:02:55,040 Speaker 1: your judges, UM, and you have good ones and you 56 00:02:55,080 --> 00:02:57,920 Speaker 1: have bad ones. You know, some sometimes they call the 57 00:02:57,919 --> 00:03:01,080 Speaker 1: game in your favor, sometimes I won't. And it's and 58 00:03:01,120 --> 00:03:03,720 Speaker 1: it's really that way. You start to look at your 59 00:03:04,520 --> 00:03:09,120 Speaker 1: opposing counsel as the opponent, UM, and you start to 60 00:03:09,160 --> 00:03:11,880 Speaker 1: break them down. Are they prepared? You know, did they 61 00:03:11,919 --> 00:03:15,560 Speaker 1: really prepare for this case the way that you did, UM? 62 00:03:15,600 --> 00:03:18,000 Speaker 1: And it operates the same way in the basketball world. 63 00:03:18,080 --> 00:03:20,880 Speaker 1: You know, you you you prepare for a team, sometimes 64 00:03:20,919 --> 00:03:23,720 Speaker 1: weeks in advance. You have scouting reports. You know, you 65 00:03:23,760 --> 00:03:25,360 Speaker 1: put in all. You know, you put in all this 66 00:03:25,440 --> 00:03:27,800 Speaker 1: work and then when you hit the court, um, and 67 00:03:27,880 --> 00:03:30,480 Speaker 1: it's game time, it's supposed to flow. And it really 68 00:03:30,480 --> 00:03:34,760 Speaker 1: works the same way, um in the legal field as well. 69 00:03:35,720 --> 00:03:38,400 Speaker 1: So given all that, I imagine you must have been 70 00:03:38,520 --> 00:03:41,280 Speaker 1: fascinated by the whole decision by the n C Doblay 71 00:03:41,440 --> 00:03:44,560 Speaker 1: to put in place the name, image and likeness policies 72 00:03:44,560 --> 00:03:48,440 Speaker 1: that allow college players to monetize uh their a name, 73 00:03:48,480 --> 00:03:50,760 Speaker 1: image and likeness in a way that you couldn't as 74 00:03:50,760 --> 00:03:53,960 Speaker 1: a player as a college player. Yes, I've been looking. 75 00:03:54,000 --> 00:03:57,320 Speaker 1: I'm actually very happy for the players that they, um, 76 00:03:57,360 --> 00:04:00,000 Speaker 1: you know I've gotten this. It's it's been a long time. 77 00:04:00,000 --> 00:04:01,840 Speaker 1: I'm coming I think over a hundred years at the 78 00:04:01,920 --> 00:04:04,960 Speaker 1: n C as then, um, you know in charge here 79 00:04:05,000 --> 00:04:06,880 Speaker 1: and and it's and it's very fair. You know, no 80 00:04:06,920 --> 00:04:10,120 Speaker 1: one has to come out of pocket here. UM. But 81 00:04:10,720 --> 00:04:14,280 Speaker 1: you know, uh, I've been following this, um, the name, 82 00:04:14,320 --> 00:04:17,599 Speaker 1: image and likeness stuff for a while. UM, you know, 83 00:04:17,680 --> 00:04:21,880 Speaker 1: starting with you know, the abandoned case and um in 84 00:04:21,960 --> 00:04:25,880 Speaker 1: the Supreme Court's antitrust concerns, um, all the way down 85 00:04:25,960 --> 00:04:30,240 Speaker 1: to the California's Fair Pay to Play Act, which basically 86 00:04:30,320 --> 00:04:32,280 Speaker 1: you know, forced the n c a A to make 87 00:04:32,320 --> 00:04:35,279 Speaker 1: a move because it was in direct conflict um with 88 00:04:35,400 --> 00:04:39,640 Speaker 1: the n c a A. And then from there, you know, uh, 89 00:04:39,720 --> 00:04:43,520 Speaker 1: we have you know, talks at the federal level, UM 90 00:04:43,520 --> 00:04:48,800 Speaker 1: trying to see, um what legislation could be. UM had 91 00:04:48,880 --> 00:04:53,520 Speaker 1: to try to regulate, um, what's what's coming. See California's 92 00:04:53,560 --> 00:04:55,360 Speaker 1: one of those states. They're so large and they had 93 00:04:55,400 --> 00:05:00,000 Speaker 1: so many different uh schools. Uh, you know California works 94 00:05:00,000 --> 00:05:02,960 Speaker 1: to you know, pull out. It would it would really 95 00:05:03,400 --> 00:05:07,599 Speaker 1: um affect all schools, and all schools might think to 96 00:05:07,640 --> 00:05:10,680 Speaker 1: do something similar. So that's in my opinion why the 97 00:05:10,800 --> 00:05:13,000 Speaker 1: n c A had to go ahead and come out 98 00:05:13,040 --> 00:05:17,440 Speaker 1: with the with the denial interim policy because it was 99 00:05:17,720 --> 00:05:22,320 Speaker 1: it's way too much at stake. Society is really ready 100 00:05:22,360 --> 00:05:25,120 Speaker 1: for it. UM and it's and it's and it's a 101 00:05:25,120 --> 00:05:27,599 Speaker 1: fair thing. It's a fair thing to do to go 102 00:05:27,640 --> 00:05:30,159 Speaker 1: ahead and allow the athletes to at least be able 103 00:05:30,200 --> 00:05:33,359 Speaker 1: to profit, you know, off of their UM, off of 104 00:05:33,400 --> 00:05:38,479 Speaker 1: who they are. So isis can can name and image 105 00:05:38,480 --> 00:05:41,240 Speaker 1: and likeness at a school? For instance, Page Bukers, is 106 00:05:41,279 --> 00:05:46,040 Speaker 1: this great deal now with so long overdrew um with Gatorade? 107 00:05:46,680 --> 00:05:48,760 Speaker 1: Can it be a divisive force throw in the locker 108 00:05:48,839 --> 00:05:52,680 Speaker 1: room between the halves and the have nots. Yeah, and 109 00:05:52,680 --> 00:05:55,120 Speaker 1: you know, I was discussing this with a few um 110 00:05:55,160 --> 00:06:01,160 Speaker 1: of my basketball friends, and you know, the a team dynamic, 111 00:06:01,440 --> 00:06:04,680 Speaker 1: like when you're on a team, teammates are very good 112 00:06:04,720 --> 00:06:09,160 Speaker 1: at um at being humble. I think I haven't um 113 00:06:09,160 --> 00:06:12,200 Speaker 1: really run into a situation where I felt like, you know, 114 00:06:12,279 --> 00:06:16,000 Speaker 1: there would be some animosity there if you know, there's 115 00:06:16,000 --> 00:06:18,520 Speaker 1: a star player that's sort of getting all the you know, 116 00:06:18,640 --> 00:06:21,320 Speaker 1: endorsements and everyone is not. It's we kind of we 117 00:06:21,400 --> 00:06:24,440 Speaker 1: do live in a capitalist society, you know how I 118 00:06:24,480 --> 00:06:28,640 Speaker 1: look at it, and uh, and it's competitive, and you know, 119 00:06:28,720 --> 00:06:32,360 Speaker 1: unfortunately you'll have you know, star players and you'll have 120 00:06:32,440 --> 00:06:35,560 Speaker 1: those that are not are just role players. But one 121 00:06:35,560 --> 00:06:39,000 Speaker 1: thing that is interesting is that with these endorsement deals, 122 00:06:39,040 --> 00:06:41,360 Speaker 1: I think people are going to be pleasantly surprised by 123 00:06:41,360 --> 00:06:44,600 Speaker 1: the fact that a lot of um, say, local hometown 124 00:06:44,680 --> 00:06:48,559 Speaker 1: heroes or people who aren't necessarily stars on the team 125 00:06:48,640 --> 00:06:51,800 Speaker 1: that maybe decided to stay in their hometown and play. 126 00:06:51,880 --> 00:06:54,560 Speaker 1: Like if I decided to stay and play at at 127 00:06:54,720 --> 00:06:58,000 Speaker 1: um at Tu instead of going to do and this. 128 00:06:58,520 --> 00:07:00,520 Speaker 1: Uh and you know, we were a well to use 129 00:07:00,520 --> 00:07:05,960 Speaker 1: our name, image and likeness. Um. I've seen deals recently 130 00:07:06,520 --> 00:07:11,480 Speaker 1: be given to local hometown heroes, people that are not stars, um, 131 00:07:11,560 --> 00:07:14,920 Speaker 1: and get sponsorship deals by local mom and pops. So 132 00:07:15,200 --> 00:07:18,400 Speaker 1: it's it's really wide open right now. That's interesting. It 133 00:07:18,440 --> 00:07:22,880 Speaker 1: could reshape the landscape for where players decide to play. 134 00:07:22,960 --> 00:07:26,160 Speaker 1: And um, you know, teams that may not have been 135 00:07:26,160 --> 00:07:31,880 Speaker 1: competitive otherwise could now be extremely competitive exactly exactly. And 136 00:07:31,880 --> 00:07:35,840 Speaker 1: and that's why I said, you never know, um, what 137 00:07:35,920 --> 00:07:39,000 Speaker 1: type of sponsorship deals are going to come about. You've 138 00:07:39,040 --> 00:07:42,160 Speaker 1: got group deals, you've got individual deals, You've got deals 139 00:07:42,160 --> 00:07:44,840 Speaker 1: going to you know, the star players. You've got deals 140 00:07:44,880 --> 00:07:48,840 Speaker 1: going to you know the bench players. It just you know, 141 00:07:48,880 --> 00:07:51,840 Speaker 1: it just depends. But the good thing is that, um, 142 00:07:51,880 --> 00:07:54,240 Speaker 1: the schools don't have to come, they don't have to 143 00:07:54,280 --> 00:07:56,840 Speaker 1: come out of pocket, and the players don't have to 144 00:07:56,960 --> 00:08:01,480 Speaker 1: deal with it. Um with the stigmatizing rules that that 145 00:08:01,600 --> 00:08:04,200 Speaker 1: came with the n c A A. If you you know, 146 00:08:04,280 --> 00:08:08,640 Speaker 1: so dare to violate their their their pay to play 147 00:08:08,720 --> 00:08:15,000 Speaker 1: and improper reducement prohibitions. And I know that every state 148 00:08:15,040 --> 00:08:17,960 Speaker 1: has different rules, but should players be able to put 149 00:08:18,000 --> 00:08:19,840 Speaker 1: that money in their pocket and use it right away 150 00:08:19,880 --> 00:08:22,040 Speaker 1: or should it be held in escrow until they graduate 151 00:08:22,120 --> 00:08:26,600 Speaker 1: or leave school? You know, you know, I think the 152 00:08:26,760 --> 00:08:30,880 Speaker 1: responsible um saying would be, you know, to do the 153 00:08:30,960 --> 00:08:33,440 Speaker 1: ladder to put the money in you know, up in escrow. 154 00:08:33,520 --> 00:08:37,280 Speaker 1: But then also at the same time, um, you know, 155 00:08:37,440 --> 00:08:39,760 Speaker 1: it's it is their money. I don't think that it 156 00:08:39,800 --> 00:08:42,040 Speaker 1: should be dictated, but what I do think should be had. 157 00:08:42,280 --> 00:08:44,920 Speaker 1: I think that the universities and stuff, could you know, 158 00:08:45,040 --> 00:08:48,600 Speaker 1: come up with um, you know classes or something, some 159 00:08:48,640 --> 00:08:53,720 Speaker 1: type of you know, financial financial literacy classes, something to 160 00:08:53,840 --> 00:08:58,120 Speaker 1: help the players to manage their money. Yeah, that makes 161 00:08:58,120 --> 00:09:00,480 Speaker 1: a lot of sense. And it'd be an ongoing thing, 162 00:09:00,600 --> 00:09:04,319 Speaker 1: not just a oh, here's a seminar over the weekend. Now, 163 00:09:04,400 --> 00:09:08,760 Speaker 1: it has to be like an ongoing process, you know. 164 00:09:08,800 --> 00:09:10,079 Speaker 1: I want to pick up on that. I mean to 165 00:09:10,160 --> 00:09:12,559 Speaker 1: jump in to scull it because I'm involved in this 166 00:09:12,600 --> 00:09:15,440 Speaker 1: program in Massachusetts. It's called Credit for Life, and we 167 00:09:15,600 --> 00:09:18,800 Speaker 1: just had one a week ago Friday at a school 168 00:09:18,880 --> 00:09:21,240 Speaker 1: was a vocational school, and there are there are different 169 00:09:21,280 --> 00:09:24,640 Speaker 1: stops along It's like a fair and one is housing, 170 00:09:24,720 --> 00:09:28,839 Speaker 1: one is UH transportation, and and you they give the 171 00:09:29,120 --> 00:09:31,600 Speaker 1: kids this these apps and they go around and they 172 00:09:31,640 --> 00:09:34,280 Speaker 1: pick up profession and they have to just you know 173 00:09:34,520 --> 00:09:37,520 Speaker 1: his my rent is eighteen hundred sixty for utilities. Oh, 174 00:09:37,559 --> 00:09:38,960 Speaker 1: I want to buy a new car. I want to 175 00:09:38,960 --> 00:09:41,080 Speaker 1: buy a ten year old used car. And they at 176 00:09:41,120 --> 00:09:43,319 Speaker 1: the end, they come over to the table and they 177 00:09:43,360 --> 00:09:46,040 Speaker 1: show us their uh, their app and they say, well, 178 00:09:46,080 --> 00:09:50,160 Speaker 1: wait a minute, you were you have in the hole 179 00:09:50,200 --> 00:09:51,760 Speaker 1: and every one of them has their mouth open and 180 00:09:51,800 --> 00:09:54,040 Speaker 1: they're like the old V eight commercial. They're slapping themselves 181 00:09:54,080 --> 00:09:57,440 Speaker 1: on the forehead and you know, no disrespect to some 182 00:09:57,480 --> 00:09:59,040 Speaker 1: of the courses we all took in high school that 183 00:09:59,080 --> 00:10:01,480 Speaker 1: will never use again, like you know, like chemistry and 184 00:10:01,559 --> 00:10:03,240 Speaker 1: da da da da da. I just would love to 185 00:10:03,280 --> 00:10:06,480 Speaker 1: see this be mandatory, starting at the grassroots level of 186 00:10:06,480 --> 00:10:09,600 Speaker 1: the high school level. And I'm sure, you know, representing 187 00:10:09,600 --> 00:10:12,080 Speaker 1: a lot of players in your position now you see 188 00:10:12,120 --> 00:10:16,600 Speaker 1: this as a big problem. My correct is absolutely, I do. UM. 189 00:10:16,640 --> 00:10:20,080 Speaker 1: When you go to rookie orientation on the men's in 190 00:10:20,120 --> 00:10:23,080 Speaker 1: the w B A or and in the NBA, they 191 00:10:23,080 --> 00:10:28,719 Speaker 1: have some type of like you know, brief financial literacy 192 00:10:29,360 --> 00:10:32,960 Speaker 1: UM little seminar that they have during rookie orientation, and 193 00:10:33,000 --> 00:10:38,640 Speaker 1: that's pretty much its perfunctory right, and it really needs 194 00:10:38,720 --> 00:10:41,560 Speaker 1: to be. I mean, it's a problem, it is, and 195 00:10:41,600 --> 00:10:45,120 Speaker 1: it's a problem that can be remedied with UM, with 196 00:10:45,360 --> 00:10:49,920 Speaker 1: genuine instruction. I feel like it's gonna be a bigger 197 00:10:49,920 --> 00:10:52,199 Speaker 1: problem too with the rise of n f t s 198 00:10:52,240 --> 00:10:55,480 Speaker 1: and crypto as well, where people are intent on getting 199 00:10:55,480 --> 00:10:58,400 Speaker 1: paid sometimes in crypto, which can be a good thing, 200 00:10:58,440 --> 00:11:02,359 Speaker 1: but you need to need to understand all the implications, 201 00:11:02,360 --> 00:11:06,520 Speaker 1: the consequences, the risks that go along with that exactly exactly. 202 00:11:06,520 --> 00:11:09,360 Speaker 1: And that's why there needs to be UM, you know, 203 00:11:09,440 --> 00:11:12,520 Speaker 1: some types, some some ongoing classes that are not just 204 00:11:13,000 --> 00:11:15,680 Speaker 1: for one semester. It needs to be something that's ongoing. 205 00:11:15,679 --> 00:11:18,120 Speaker 1: I mean, especially, you know, society is just changing so 206 00:11:18,200 --> 00:11:23,360 Speaker 1: much that UM, we need to really address um the 207 00:11:23,440 --> 00:11:27,880 Speaker 1: financial literacy aspect because it's going to be this you know, 208 00:11:28,360 --> 00:11:31,720 Speaker 1: the NEIL policy. It's it's going to be huge, and 209 00:11:31,720 --> 00:11:35,839 Speaker 1: it's going to affect all athletes from you know, those 210 00:11:35,920 --> 00:11:39,520 Speaker 1: who you know might come from households of lower socio 211 00:11:39,559 --> 00:11:42,800 Speaker 1: economic value, to you know, people that might come from 212 00:11:42,800 --> 00:11:45,800 Speaker 1: wealthier homes. Everyone is going to be affected. Everyone needs 213 00:11:45,840 --> 00:11:48,960 Speaker 1: to know how to move. And what's interesting about right 214 00:11:49,000 --> 00:11:51,440 Speaker 1: now is that it's wide open. So the n c 215 00:11:51,559 --> 00:11:56,560 Speaker 1: A is allowing the universities to um sort of create 216 00:11:56,600 --> 00:11:58,720 Speaker 1: their own policies. You know, how do they want to 217 00:11:58,760 --> 00:12:01,200 Speaker 1: deal with these endorsements? Do they want the players to 218 00:12:01,559 --> 00:12:03,960 Speaker 1: um to keep a log of all the endorsement deals 219 00:12:03,960 --> 00:12:07,440 Speaker 1: that they have? UM? You know what mechanisms will the 220 00:12:07,520 --> 00:12:10,800 Speaker 1: universities put in place to make sure that the players 221 00:12:10,800 --> 00:12:14,760 Speaker 1: don't run a foul of the pay to play in 222 00:12:14,840 --> 00:12:18,040 Speaker 1: the improper inducement piece of the n c A bio 223 00:12:18,120 --> 00:12:20,680 Speaker 1: laws that are huge. Those are the two that the 224 00:12:20,760 --> 00:12:22,880 Speaker 1: n c A is plainly you know, stated over and 225 00:12:22,920 --> 00:12:26,160 Speaker 1: over that they will continue to enforce those. But as 226 00:12:26,200 --> 00:12:28,960 Speaker 1: far as the on the as far as the endorsement goes, 227 00:12:29,320 --> 00:12:32,320 Speaker 1: that's really just left up to the states and the 228 00:12:32,360 --> 00:12:38,000 Speaker 1: school they're making until you know, the lawsuits start coming 229 00:12:38,000 --> 00:12:39,679 Speaker 1: in and you know, and then that's when you start 230 00:12:39,720 --> 00:12:42,040 Speaker 1: to be able to narrow things down some. But right 231 00:12:42,080 --> 00:12:45,720 Speaker 1: now it's really just it's it's really wide open. Is 232 00:12:45,760 --> 00:12:47,920 Speaker 1: that where you would come in when the lawsuits UM 233 00:12:48,120 --> 00:12:52,920 Speaker 1: start popping up? That's where I come in off the bench, 234 00:12:52,960 --> 00:12:56,440 Speaker 1: here she comes That's where I come in. But you know, 235 00:12:56,480 --> 00:12:58,839 Speaker 1: we also you know, uh, you know, we also do 236 00:12:58,960 --> 00:13:04,440 Speaker 1: you know policy to afting and training UM and other 237 00:13:05,280 --> 00:13:08,960 Speaker 1: uh preventative you know, measures and stuff for employers to 238 00:13:09,040 --> 00:13:13,320 Speaker 1: take and you know this it's just I don't know. 239 00:13:13,360 --> 00:13:15,360 Speaker 1: For me, I think it's so exciting because there's so 240 00:13:15,400 --> 00:13:18,160 Speaker 1: many different pieces to it. You know, you have you know, 241 00:13:18,240 --> 00:13:21,000 Speaker 1: the players and their endorsements, and you have the actual 242 00:13:21,040 --> 00:13:24,679 Speaker 1: sponsors themselves, and then you have the schools, and then 243 00:13:24,720 --> 00:13:28,600 Speaker 1: you have the states. And another piece is really interesting 244 00:13:28,800 --> 00:13:30,640 Speaker 1: that I don't hear a lot of people talking about 245 00:13:31,360 --> 00:13:34,000 Speaker 1: is the fact that this rule also reaches to seniors, 246 00:13:34,040 --> 00:13:42,840 Speaker 1: to high school seniors. Right, that's huge. You know, when 247 00:13:43,160 --> 00:13:45,360 Speaker 1: when you were playing, you had a plan. You knew 248 00:13:45,360 --> 00:13:48,800 Speaker 1: you were going to be an attorney someday. But most 249 00:13:48,800 --> 00:13:52,600 Speaker 1: people don't, men and women. They think that professional sports 250 00:13:52,679 --> 00:13:56,120 Speaker 1: and what they're doing is going to last forever. How 251 00:13:56,120 --> 00:13:57,920 Speaker 1: do you give a reality check to those people that 252 00:13:58,000 --> 00:14:00,920 Speaker 1: think it's gonna last? For a question, I would tell 253 00:14:01,000 --> 00:14:05,480 Speaker 1: them it absolutely does not last forever. And when you 254 00:14:06,160 --> 00:14:08,800 Speaker 1: especially those people who have played at the highest level 255 00:14:08,840 --> 00:14:12,560 Speaker 1: like I have, it is a it's a route awakening 256 00:14:12,559 --> 00:14:15,439 Speaker 1: out here in the real world. It really is. No 257 00:14:15,440 --> 00:14:19,360 Speaker 1: matter how prepared you even tried to be, when you 258 00:14:19,440 --> 00:14:22,440 Speaker 1: are no longer in the sports world. It sports is 259 00:14:22,480 --> 00:14:26,160 Speaker 1: a is a microcosm within itself. UM, and it is 260 00:14:26,320 --> 00:14:31,280 Speaker 1: very awkward to to have a quote unquote real job 261 00:14:31,360 --> 00:14:33,880 Speaker 1: for the first time, you know, in society, you realize 262 00:14:33,920 --> 00:14:36,040 Speaker 1: you have to do there's so many things that you 263 00:14:36,080 --> 00:14:39,920 Speaker 1: don't know how to do. UM. You're almost handicapped a 264 00:14:39,920 --> 00:14:42,040 Speaker 1: little bit, and you have to figure everything out. It's 265 00:14:42,040 --> 00:14:45,920 Speaker 1: been it was ten years this November since my since 266 00:14:45,960 --> 00:14:51,520 Speaker 1: I retired, and I finally feel like I'm UM in 267 00:14:51,640 --> 00:14:55,960 Speaker 1: lockstep with everyone else since with everyone else's society is 268 00:14:56,520 --> 00:14:57,920 Speaker 1: what was the hardest thing you have to learn how 269 00:14:57,920 --> 00:15:06,080 Speaker 1: to do UM. Really just not being around other athletes 270 00:15:06,560 --> 00:15:11,360 Speaker 1: was very different. UM. I used to tell my former 271 00:15:11,360 --> 00:15:16,240 Speaker 1: teammates all the time, like you guys who understand UM 272 00:15:16,280 --> 00:15:20,760 Speaker 1: that team dynamic, it is very It is very special. Everyone. 273 00:15:20,840 --> 00:15:23,000 Speaker 1: When you're on a team, everyone sort of you know, 274 00:15:23,080 --> 00:15:25,600 Speaker 1: works well together, knows how to get along, and there's 275 00:15:26,120 --> 00:15:32,360 Speaker 1: everyone can be competitive without UM obviously competing if that 276 00:15:32,440 --> 00:15:35,560 Speaker 1: makes sense, in the competitive together but not against each 277 00:15:35,600 --> 00:15:39,280 Speaker 1: other exactly, because you can sort of shine in your 278 00:15:39,320 --> 00:15:41,920 Speaker 1: own way, you know what I mean by just being 279 00:15:41,960 --> 00:15:44,720 Speaker 1: an individual. But in the real world it is a 280 00:15:44,800 --> 00:15:51,640 Speaker 1: constant UM. You know competition, and uh, you know, everything 281 00:15:51,760 --> 00:15:53,520 Speaker 1: is you know, you've got to learn how to play 282 00:15:53,600 --> 00:15:56,960 Speaker 1: the politics, you know of the particular job. And you 283 00:15:57,000 --> 00:15:58,600 Speaker 1: do have to do that too, you know a little 284 00:15:58,600 --> 00:16:01,560 Speaker 1: bit you know in sports, just more so behind the scenes. 285 00:16:01,640 --> 00:16:05,960 Speaker 1: But that that to me was like a huge awakening 286 00:16:06,040 --> 00:16:09,080 Speaker 1: for me, was like, wow, Okay, I really have been 287 00:16:09,640 --> 00:16:15,920 Speaker 1: sheltered a little bit. Um. That was very very difficult 288 00:16:15,960 --> 00:16:18,200 Speaker 1: for me to to sort of get out here and 289 00:16:18,240 --> 00:16:20,600 Speaker 1: just be amongst people. I felt like I was at 290 00:16:20,600 --> 00:16:24,280 Speaker 1: a at a major disadvantage. I mean, it took me, 291 00:16:24,480 --> 00:16:28,320 Speaker 1: and it took me years to to finally feel, you know, 292 00:16:28,400 --> 00:16:30,520 Speaker 1: like I was like everyone else. There were there were 293 00:16:30,560 --> 00:16:34,960 Speaker 1: a lot of things that I didn't know. Um, and 294 00:16:35,040 --> 00:16:36,600 Speaker 1: so you just have to kind of get in there 295 00:16:36,680 --> 00:16:38,520 Speaker 1: and dig in there and and figure it out. And 296 00:16:38,520 --> 00:16:41,880 Speaker 1: I would tell all the athletes too, to take your 297 00:16:41,920 --> 00:16:45,840 Speaker 1: future seriously because not everyone is meant to be a coach. 298 00:16:47,400 --> 00:16:49,720 Speaker 1: I've always known that about myself. I knew that I 299 00:16:49,720 --> 00:16:51,800 Speaker 1: didn't want to coach one day. I always knew that 300 00:16:51,840 --> 00:16:54,720 Speaker 1: I was like, I'm not that's that's not my forte. 301 00:16:55,040 --> 00:16:56,680 Speaker 1: I knew I wanted to be a lawyer, and so 302 00:16:56,880 --> 00:16:59,400 Speaker 1: I kept that goal in mind and and put a 303 00:16:59,440 --> 00:17:02,640 Speaker 1: target as to when I would retire, and that target 304 00:17:02,720 --> 00:17:04,919 Speaker 1: date was thirty And that's exactly what I did. I 305 00:17:05,000 --> 00:17:08,879 Speaker 1: just I stuck to that. Other people they wait until 306 00:17:09,240 --> 00:17:13,560 Speaker 1: it's retirement time and they are absolutely clueless and a 307 00:17:13,560 --> 00:17:16,920 Speaker 1: lot of and oftentimes they will fall into coaching when 308 00:17:16,960 --> 00:17:20,399 Speaker 1: that's really not what they want to do. And so 309 00:17:20,440 --> 00:17:25,800 Speaker 1: I always encourage players, listen, there's nothing that you can't 310 00:17:25,840 --> 00:17:28,000 Speaker 1: do if if you put your mind to it. If 311 00:17:28,000 --> 00:17:29,679 Speaker 1: you want to go to medical school, you can do that. 312 00:17:30,480 --> 00:17:34,439 Speaker 1: You know you just had. You'll apply the same mindset 313 00:17:34,520 --> 00:17:37,119 Speaker 1: that you had in basketball or whatever sports you're in 314 00:17:38,320 --> 00:17:41,280 Speaker 1: to your new field and and you will be fine. Yes, 315 00:17:41,320 --> 00:17:44,560 Speaker 1: it will be awkward, it will be difficult, but with 316 00:17:44,600 --> 00:17:46,800 Speaker 1: the with with the strength of the athletes mind, the 317 00:17:46,840 --> 00:17:49,600 Speaker 1: athlete can overcome. And I would love to see more 318 00:17:49,680 --> 00:17:58,600 Speaker 1: athletes pursuing UM their their true passion. How often do 319 00:17:58,640 --> 00:18:02,120 Speaker 1: you hear from a former teammate or opponent that says 320 00:18:02,119 --> 00:18:04,159 Speaker 1: isis I've lost my compass. I need some help. I 321 00:18:04,160 --> 00:18:07,480 Speaker 1: don't have any direction now that it's over all the time, 322 00:18:08,400 --> 00:18:13,080 Speaker 1: all the time, and especially now UM recently, I've had 323 00:18:13,280 --> 00:18:16,439 Speaker 1: so many UM of my friends and stuff that you know, 324 00:18:16,800 --> 00:18:21,359 Speaker 1: growing growing up playing together from uh a you to 325 00:18:21,960 --> 00:18:25,800 Speaker 1: high school to college to pros and a lot of 326 00:18:25,840 --> 00:18:31,560 Speaker 1: the girls are um a little lost and need some 327 00:18:31,640 --> 00:18:35,160 Speaker 1: guidance and also to hear from someone that's that's that's 328 00:18:35,200 --> 00:18:37,399 Speaker 1: been there. It's like I've been there. I went I 329 00:18:37,440 --> 00:18:40,200 Speaker 1: actually went through the struggle all by myself. I was 330 00:18:40,280 --> 00:18:42,880 Speaker 1: kind of one of the first ones, and so I'm 331 00:18:42,880 --> 00:18:46,280 Speaker 1: able to sort of give them some guidance, um and 332 00:18:46,320 --> 00:18:49,760 Speaker 1: particularly what what they like the most is the fact 333 00:18:49,800 --> 00:18:54,200 Speaker 1: that I'm being realistic, like you can. I always encourage them, Hey, 334 00:18:54,240 --> 00:18:55,880 Speaker 1: if you want to go to business school, you should 335 00:18:55,920 --> 00:18:58,679 Speaker 1: really pursue that, and don't let that fall by the 336 00:18:58,720 --> 00:19:02,520 Speaker 1: wayside because you're nerve us about you know, taking uh 337 00:19:02,640 --> 00:19:07,320 Speaker 1: the gmaid. You know, don't let us standardized tests, you know, 338 00:19:07,480 --> 00:19:11,880 Speaker 1: to tear you from pursuing whatever your passion is. That's 339 00:19:11,960 --> 00:19:16,320 Speaker 1: oftentimes what it is. It's the dumb athletes stereotype, to 340 00:19:16,359 --> 00:19:21,960 Speaker 1: be honest, that keeps athletes from being able to pursue 341 00:19:22,920 --> 00:19:26,520 Speaker 1: their dreams after their basketball career. Well, We're glad it 342 00:19:26,520 --> 00:19:29,520 Speaker 1: didn't deter you. You've gone on to do great things. 343 00:19:30,040 --> 00:19:32,199 Speaker 1: I said, thank you, so much for joining us. This 344 00:19:32,240 --> 00:19:35,120 Speaker 1: is the Bloomberg Business of Sports podcast. I'm Scarlet Food 345 00:19:35,119 --> 00:19:37,320 Speaker 1: here along with Mike Lynch. Be sure to catch us 346 00:19:37,359 --> 00:19:40,119 Speaker 1: each and every Monday, Wednesday and Thursday where we explore 347 00:19:40,160 --> 00:19:42,399 Speaker 1: the world of money and sports, and of course you 348 00:19:42,400 --> 00:19:45,199 Speaker 1: can find us on Twitter. I'm at Scarlett Foom and 349 00:19:45,440 --> 00:19:47,760 Speaker 1: Mike Lynch. You can follow me at Lynch e w CDB. 350 00:19:48,080 --> 00:19:50,879 Speaker 1: You're listening to Bloomberg Business of Sports on Bloomberg Radio 351 00:19:50,960 --> 00:19:51,600 Speaker 1: around the world.