1 00:00:00,240 --> 00:00:03,520 Speaker 1: Native Lampard is a production of iHeart Radio and partnership 2 00:00:03,560 --> 00:00:05,040 Speaker 1: with Reason Choice Media. 3 00:00:05,280 --> 00:00:09,680 Speaker 2: Welcome, Welcome, Welcome, Welcome, Welcome home, y'all. 4 00:00:09,720 --> 00:00:12,720 Speaker 1: This is Angela Rai and but Kyrie Sellersby are your 5 00:00:12,760 --> 00:00:13,640 Speaker 1: host today for this. 6 00:00:13,880 --> 00:00:14,760 Speaker 3: So what's what's up? 7 00:00:15,160 --> 00:00:18,680 Speaker 1: Okay, it's because Andrew's gone, somebody gotta do. We flavor 8 00:00:18,720 --> 00:00:21,759 Speaker 1: flav and chime in in the middle of the welcome, 9 00:00:21,760 --> 00:00:25,080 Speaker 1: but yes, welcome home y'all. Today, we are talking about 10 00:00:25,079 --> 00:00:29,240 Speaker 1: something that is so important and something that we don't 11 00:00:29,240 --> 00:00:32,800 Speaker 1: normally have access to, and that is equity. We heard 12 00:00:32,840 --> 00:00:36,720 Speaker 1: conversations all over the nation, even internationally in twenty twenty 13 00:00:36,760 --> 00:00:39,080 Speaker 1: after the murder of George Floyd, all of a sudden, 14 00:00:39,360 --> 00:00:42,640 Speaker 1: white people understood equity like that bad relationship. You've been 15 00:00:42,680 --> 00:00:44,640 Speaker 1: telling the brother what you needed for a long time. 16 00:00:44,760 --> 00:00:46,920 Speaker 1: He finally got it. It was the same thing in 17 00:00:46,960 --> 00:00:50,559 Speaker 1: twenty twenty. And what we know is that we have 18 00:00:50,800 --> 00:00:52,640 Speaker 1: always been clear about what we deserve. 19 00:00:53,120 --> 00:00:55,880 Speaker 2: Jalen Brown is such a brilliant brother. 20 00:00:56,040 --> 00:01:00,480 Speaker 1: He brought this home and super super clear terms around 21 00:01:00,520 --> 00:01:04,560 Speaker 1: what basketball players deserve. NBA players deserve when it comes 22 00:01:04,600 --> 00:01:08,080 Speaker 1: time to talk about equity and team ownership and I 23 00:01:08,120 --> 00:01:10,640 Speaker 1: love this because I do think there's a broader lesson 24 00:01:10,640 --> 00:01:12,039 Speaker 1: here be, but let's roll this clip. 25 00:01:12,480 --> 00:01:16,720 Speaker 4: Players should be able to invest alongside in in ownership 26 00:01:16,720 --> 00:01:20,000 Speaker 4: groups and business opportunities, like I don't understand why that's 27 00:01:20,040 --> 00:01:23,160 Speaker 4: ever been a thing, but it's like your athlete, and 28 00:01:23,200 --> 00:01:25,160 Speaker 4: it's they make it seem like, you know, they they 29 00:01:25,200 --> 00:01:29,040 Speaker 4: can control how much wealth or growth that you could 30 00:01:29,080 --> 00:01:32,200 Speaker 4: actually accumulate. I think that's wrong. I also think that 31 00:01:32,680 --> 00:01:37,840 Speaker 4: just like any other major corporation, like when you are 32 00:01:38,520 --> 00:01:41,080 Speaker 4: if you work for Apple, or if you work for Nike, 33 00:01:41,240 --> 00:01:43,120 Speaker 4: or if you work for anywhere, like if you're a CEO, 34 00:01:43,200 --> 00:01:45,959 Speaker 4: if you're someone that's been on the board for a 35 00:01:46,040 --> 00:01:49,240 Speaker 4: large amount of time, you get equity in the company 36 00:01:49,560 --> 00:01:51,880 Speaker 4: at some point, like you are a part of it. 37 00:01:52,280 --> 00:01:54,560 Speaker 4: And I think athletes should be looked at it in 38 00:01:54,600 --> 00:01:57,120 Speaker 4: the same way, like you play for the Celtics for 39 00:01:57,560 --> 00:02:01,080 Speaker 4: twenty years, like you should get you should get a 40 00:02:01,080 --> 00:02:04,720 Speaker 4: piece of equity into because you helped accumulate the growth. 41 00:02:05,720 --> 00:02:08,519 Speaker 4: You know, and that's the part that gets lost in translation, 42 00:02:09,080 --> 00:02:13,320 Speaker 4: is the growth from an organization, you know, a growth 43 00:02:13,320 --> 00:02:17,000 Speaker 4: from a company or a corporation, you know, the sweat 44 00:02:17,000 --> 00:02:20,560 Speaker 4: equity that you put in. You get compensated just like 45 00:02:20,760 --> 00:02:23,919 Speaker 4: for doing your job, but you don't get compensated for 46 00:02:24,040 --> 00:02:27,000 Speaker 4: the growth and the major corporations and companies you do, 47 00:02:28,440 --> 00:02:30,280 Speaker 4: or at least some of the big ones. You know. 48 00:02:31,040 --> 00:02:33,840 Speaker 5: So first, Angela, I did want to comment on this. 49 00:02:34,480 --> 00:02:39,640 Speaker 5: Jalen Brown is brilliant. Jalen Brown went to the University 50 00:02:39,639 --> 00:02:41,799 Speaker 5: of Kyle Berkeley to play basketball. He was one of 51 00:02:41,880 --> 00:02:43,960 Speaker 5: the best high school basketball players in the country and 52 00:02:43,960 --> 00:02:46,800 Speaker 5: he went to Cayle. He was challenged at Kyle, but 53 00:02:46,919 --> 00:02:51,400 Speaker 5: he is just a brilliant, brilliant brother, and he's always 54 00:02:51,480 --> 00:02:53,840 Speaker 5: been extremely smart. He's always He's also just been the 55 00:02:53,880 --> 00:02:57,320 Speaker 5: subject of a trade. He got traded from the Boston 56 00:02:57,360 --> 00:03:02,720 Speaker 5: Celtics to the Philadelphia seventy six years for Paul George. 57 00:03:04,080 --> 00:03:06,280 Speaker 5: And one of the reasons he got traded and couldn't 58 00:03:06,360 --> 00:03:08,440 Speaker 5: quite get along with ownership. And I wanted to put 59 00:03:08,480 --> 00:03:11,520 Speaker 5: this up because this is something that we always deal with. 60 00:03:12,680 --> 00:03:16,280 Speaker 5: He was castigated because they said that he thinks he 61 00:03:16,360 --> 00:03:19,160 Speaker 5: has a disease, that he thinks he's the smartest guy 62 00:03:19,320 --> 00:03:23,680 Speaker 5: in the room of disease, and it went on to 63 00:03:23,720 --> 00:03:30,080 Speaker 5: say that that I had two NBA sources tell people 64 00:03:30,160 --> 00:03:32,240 Speaker 5: in the league want an executive one a scout say 65 00:03:32,240 --> 00:03:35,680 Speaker 5: that Jalen Brown has it's a disease. He suddenly thinks 66 00:03:35,720 --> 00:03:39,560 Speaker 5: he's the smartest guy in every room he's in. And 67 00:03:40,640 --> 00:03:42,400 Speaker 5: I don't know, I just wouldn't like nobody talking to 68 00:03:42,440 --> 00:03:45,520 Speaker 5: us stokely like that, Like I wouldn't like nobody. And 69 00:03:45,560 --> 00:03:47,160 Speaker 5: I don't want to take away from the merit of 70 00:03:47,240 --> 00:03:49,160 Speaker 5: what he's saying, but I did want to put in 71 00:03:49,200 --> 00:03:51,880 Speaker 5: full context that he is speaking out in a time 72 00:03:51,920 --> 00:03:56,600 Speaker 5: when in saying things that are not popular. And you know, 73 00:03:57,320 --> 00:03:59,880 Speaker 5: we do have one person talking about NBA ownership, but 74 00:04:00,000 --> 00:04:02,040 Speaker 5: they're going to let him in only after he retires. 75 00:04:02,160 --> 00:04:05,440 Speaker 5: That is that's Lebron James talking about going in the 76 00:04:05,480 --> 00:04:08,160 Speaker 5: ownership of the Las Vegas franchise if it ever gets there. 77 00:04:08,520 --> 00:04:10,880 Speaker 5: But he's also highlighting something else that I want people, 78 00:04:10,880 --> 00:04:12,800 Speaker 5: because we have a lot of young people, a lot 79 00:04:12,840 --> 00:04:15,280 Speaker 5: of entrepreneurs, a lot of business folk. 80 00:04:16,240 --> 00:04:19,720 Speaker 3: I need you guys to diversify your portfolios a little 81 00:04:19,720 --> 00:04:20,080 Speaker 3: bit more. 82 00:04:20,640 --> 00:04:22,640 Speaker 5: I need you to just stop putting all your money 83 00:04:22,640 --> 00:04:28,000 Speaker 5: over with one particular money manager and invest in mutual 84 00:04:28,040 --> 00:04:30,279 Speaker 5: funds and stocks and ETFs. I need you guys to 85 00:04:30,320 --> 00:04:32,240 Speaker 5: carve out a little bit of that and invest in 86 00:04:32,680 --> 00:04:35,400 Speaker 5: not just cultural things, which we'll talk about as well, 87 00:04:35,400 --> 00:04:37,880 Speaker 5: but also invest in some private unicorns or some private 88 00:04:37,920 --> 00:04:40,560 Speaker 5: companies that could be unicorns. Get a little equity in something. 89 00:04:40,920 --> 00:04:43,040 Speaker 5: Join one of those friends and family rounds. You hear 90 00:04:43,040 --> 00:04:45,279 Speaker 5: about where you can put in twenty five thousand dollars, 91 00:04:45,360 --> 00:04:48,160 Speaker 5: knowing that you may not get it back. That happens 92 00:04:48,160 --> 00:04:50,359 Speaker 5: a lot, but you may hit one. I mean, I 93 00:04:50,400 --> 00:04:53,360 Speaker 5: think what he's talking about is building wealth, building wealth 94 00:04:53,360 --> 00:04:55,440 Speaker 5: through ownership, and there are a lot of different ways 95 00:04:55,440 --> 00:04:58,640 Speaker 5: we can do that, but that's something so necessary. And 96 00:04:58,880 --> 00:05:01,239 Speaker 5: I'll share with you guys once story that I can't 97 00:05:01,279 --> 00:05:04,200 Speaker 5: really talk about in a whole lot of detail, but 98 00:05:04,240 --> 00:05:06,800 Speaker 5: I can talk about it enough. One day, and this 99 00:05:06,839 --> 00:05:10,320 Speaker 5: is the beginning of this story. Angela's gonna sound off. However, 100 00:05:10,680 --> 00:05:12,159 Speaker 5: one day I get a phone call from one of 101 00:05:12,160 --> 00:05:15,679 Speaker 5: my good friends and he's like, I have someone who's 102 00:05:15,680 --> 00:05:18,000 Speaker 5: interested in buying the Carolina Panthers. 103 00:05:18,279 --> 00:05:19,400 Speaker 3: Okay, follow me here. 104 00:05:19,400 --> 00:05:22,560 Speaker 5: This is when David Tepper was was leaving the he 105 00:05:22,640 --> 00:05:25,880 Speaker 5: had to sell because of whatever. Not David Tepper the 106 00:05:25,880 --> 00:05:28,760 Speaker 5: person before Jerry Richardson, And I get this call I 107 00:05:28,800 --> 00:05:32,520 Speaker 5: have to meet at the Rich Carlton and it's Sean Combs, 108 00:05:33,160 --> 00:05:36,359 Speaker 5: right the Ritz Carlton in Columbia and me, excuse me, 109 00:05:36,360 --> 00:05:38,520 Speaker 5: and Charlotte. And he's trying to put together a group 110 00:05:38,800 --> 00:05:43,400 Speaker 5: to purchase the Carolina Panthers. And he wants to put 111 00:05:43,400 --> 00:05:46,960 Speaker 5: together a group that's about one point five billion dollars. 112 00:05:47,960 --> 00:05:50,680 Speaker 5: And we put together a package. And do you know 113 00:05:50,720 --> 00:05:56,240 Speaker 5: what we realized is that there's not enough wealth in 114 00:05:56,279 --> 00:06:01,080 Speaker 5: the black community save for a handful of people that 115 00:06:01,200 --> 00:06:05,679 Speaker 5: have enough liquid assets to put together one point five 116 00:06:05,760 --> 00:06:09,440 Speaker 5: billion dollars to purchase this team. David Tepper, who ended 117 00:06:09,520 --> 00:06:14,680 Speaker 5: up owning the Panthers, he put two billion dollars cash 118 00:06:14,720 --> 00:06:18,039 Speaker 5: of his own money into buying that team. And he's 119 00:06:18,040 --> 00:06:20,240 Speaker 5: financing too. He could have done another two hundred million. 120 00:06:20,279 --> 00:06:22,640 Speaker 5: He's financing two hundred million from the league because you 121 00:06:22,680 --> 00:06:25,159 Speaker 5: apparently you have to. But that just shows you how 122 00:06:25,200 --> 00:06:28,839 Speaker 5: far the way we are, I mean, from being where 123 00:06:28,880 --> 00:06:30,599 Speaker 5: we need to be. That's why I think this conversation 124 00:06:30,640 --> 00:06:32,800 Speaker 5: of equity is so very very important. 125 00:06:33,000 --> 00:06:36,000 Speaker 1: I agree, you know one thing that I think is 126 00:06:36,400 --> 00:06:39,560 Speaker 1: important to back into your point and then to go 127 00:06:39,680 --> 00:06:42,799 Speaker 1: back to Jalen Brown, we always talk. 128 00:06:42,640 --> 00:06:46,159 Speaker 2: About Black wealth in the terms of our buying power. 129 00:06:46,200 --> 00:06:49,400 Speaker 1: So right now in twenty twenty six, it's argued that 130 00:06:49,480 --> 00:06:52,279 Speaker 1: we have two point two trillion dollars of buying power. 131 00:06:52,279 --> 00:06:55,400 Speaker 1: But they talk to us as consumers and not as owners. 132 00:06:55,440 --> 00:06:58,480 Speaker 1: They talk to us as consumers and not as people 133 00:06:58,520 --> 00:07:00,080 Speaker 1: who should be in positions to. 134 00:07:02,000 --> 00:07:03,960 Speaker 2: Own things our wealth. 135 00:07:04,520 --> 00:07:07,880 Speaker 1: I don't think consumerism is wealth at all, right, It's 136 00:07:07,920 --> 00:07:10,160 Speaker 1: what we're willing to spend. And I think that's why 137 00:07:10,400 --> 00:07:13,120 Speaker 1: there are so many marketing campaigns targeted us, even if 138 00:07:13,120 --> 00:07:16,560 Speaker 1: they don't hire black marketing agencies, which is also a 139 00:07:16,560 --> 00:07:17,239 Speaker 1: big problem. 140 00:07:17,280 --> 00:07:21,680 Speaker 2: But going back to Jalen brownbie I went. 141 00:07:21,880 --> 00:07:24,640 Speaker 1: He had a conference last year where he trains young 142 00:07:24,720 --> 00:07:28,640 Speaker 1: people to think about their wealth, to think about leadership, 143 00:07:28,680 --> 00:07:29,880 Speaker 1: and to learn black history. 144 00:07:30,000 --> 00:07:33,240 Speaker 2: And he did this in Boston in twenty twenty three. 145 00:07:34,040 --> 00:07:37,280 Speaker 1: You all will note that Jalen Brown signed the largest 146 00:07:38,720 --> 00:07:41,920 Speaker 1: contract in NBA history, and with that money he started. 147 00:07:43,000 --> 00:07:45,760 Speaker 1: One of the indiatives he started was called the Boston Exchange. 148 00:07:45,800 --> 00:07:50,400 Speaker 1: The Boston Exchange was about developing a Black Wall Street 149 00:07:50,720 --> 00:07:55,560 Speaker 1: mentality similar to what you had in Tulsa, Oklahoma, one 150 00:07:55,640 --> 00:07:59,320 Speaker 1: hundred and three years ago. And he wanted to create 151 00:07:59,360 --> 00:08:04,760 Speaker 1: and established this Black Exchange, Boston Exchange rather for black 152 00:08:04,880 --> 00:08:09,239 Speaker 1: businesses to create opportunities for economic empowerment. His overall vision 153 00:08:09,400 --> 00:08:13,720 Speaker 1: was to create five billion dollars an additional net worth 154 00:08:14,240 --> 00:08:20,080 Speaker 1: for historically marginalized communities in Boston. Net wealth rather for 155 00:08:20,280 --> 00:08:24,240 Speaker 1: historically marginalized communities in Boston. That is different be than 156 00:08:24,320 --> 00:08:28,920 Speaker 1: buying power. And so he designed this program with entrepreneurship 157 00:08:28,920 --> 00:08:34,320 Speaker 1: in mind, trying to connect the dots between economic empowerment 158 00:08:35,120 --> 00:08:37,719 Speaker 1: and equity. That was one of the principles. There are 159 00:08:38,679 --> 00:08:42,360 Speaker 1: ten principles listed here on their site, which is going 160 00:08:42,440 --> 00:08:43,400 Speaker 1: to be on our show notes. 161 00:08:43,440 --> 00:08:45,720 Speaker 2: Everything from bridging business and culture. 162 00:08:45,800 --> 00:08:49,640 Speaker 1: We see cultural appropriation happen in business ideas all the time. 163 00:08:49,679 --> 00:08:54,080 Speaker 1: When we are the cultivators and creators of culture, innovation 164 00:08:54,200 --> 00:08:58,960 Speaker 1: as a catalyst again really really creative about how they 165 00:08:59,559 --> 00:09:05,880 Speaker 1: punch put entrepreneurs in accelerator programs, cultural enrichment, community driven change, 166 00:09:06,000 --> 00:09:10,080 Speaker 1: economic empowerment, education and mentorship. He was building out something 167 00:09:10,400 --> 00:09:15,360 Speaker 1: that would change the trajectory of wealth building in Boston 168 00:09:15,440 --> 00:09:21,280 Speaker 1: for generations. That trade Bakari is not accidental. He was 169 00:09:21,320 --> 00:09:25,280 Speaker 1: shifting culture in Boston. Mind you, Boston is one of 170 00:09:25,280 --> 00:09:29,480 Speaker 1: the most racist cities in the Union. So I'm confident 171 00:09:29,520 --> 00:09:31,600 Speaker 1: there were people who were like, we're not rocking with 172 00:09:31,679 --> 00:09:33,560 Speaker 1: him on this or any other thing that he's trying 173 00:09:33,600 --> 00:09:36,840 Speaker 1: to do. I'm just saying that to say he was 174 00:09:36,880 --> 00:09:40,000 Speaker 1: being very thoughtful and strategic. Will he be able to 175 00:09:40,640 --> 00:09:45,160 Speaker 1: continue to do something like this in Philadelphia, Absolutely absolutely, 176 00:09:45,200 --> 00:09:47,040 Speaker 1: And I just think that it's important for us to 177 00:09:47,120 --> 00:09:52,880 Speaker 1: understand what he's talking about is not abnormal. This is 178 00:09:52,920 --> 00:09:55,880 Speaker 1: the same type of conversation that Michael Jordan and his 179 00:09:55,920 --> 00:09:59,240 Speaker 1: team were talking about when he had his deal initially 180 00:09:59,600 --> 00:10:03,400 Speaker 1: with NI These are the same types of conversations that 181 00:10:03,440 --> 00:10:06,960 Speaker 1: Reverend Jackson used to have across industry. Right Like, black 182 00:10:06,960 --> 00:10:11,040 Speaker 1: people are buying Cadillacs, we should own Cadillac dealerships. Black people, 183 00:10:11,240 --> 00:10:13,600 Speaker 1: you know, are buying up McDonald's happy meals, we singing 184 00:10:13,600 --> 00:10:17,120 Speaker 1: in y'all's commercials. We should own some franchises. These are 185 00:10:17,160 --> 00:10:20,319 Speaker 1: the same kinds of conversations. And at some point, whether 186 00:10:20,400 --> 00:10:22,200 Speaker 1: there is a death of someone at the hands of 187 00:10:22,200 --> 00:10:25,000 Speaker 1: police officers or not, we have to get to the 188 00:10:25,080 --> 00:10:27,680 Speaker 1: point where ownership is not an option. 189 00:10:27,760 --> 00:10:28,160 Speaker 2: It is a. 190 00:10:28,120 --> 00:10:30,920 Speaker 1: Requirement for you to have any of our money and 191 00:10:30,960 --> 00:10:33,240 Speaker 1: that's just not where we are right now. So you know, 192 00:10:33,320 --> 00:10:36,239 Speaker 1: even when we start to have these conversations around boycotts, 193 00:10:37,080 --> 00:10:39,160 Speaker 1: you know, the target boycott was something where there are 194 00:10:39,200 --> 00:10:40,960 Speaker 1: a lot of black folks like I can't even do it. 195 00:10:41,240 --> 00:10:43,040 Speaker 2: This is, you know, the place where I normally go. 196 00:10:43,280 --> 00:10:46,800 Speaker 1: How do we shift how they treat us if we 197 00:10:46,840 --> 00:10:49,840 Speaker 1: won't withhold our resources? And how will we shift how 198 00:10:49,880 --> 00:10:53,280 Speaker 1: they treat us if we won't come together to ensure 199 00:10:53,320 --> 00:10:58,120 Speaker 1: that those equitable opportunities and opportunities to gain equity in 200 00:10:58,280 --> 00:11:01,400 Speaker 1: companies if we're not willing to do that ourselves. I 201 00:11:01,440 --> 00:11:04,520 Speaker 1: think we have to model for folks how to treat us. 202 00:11:04,840 --> 00:11:06,680 Speaker 1: And I think that's what Jaylen Brown was doing so 203 00:11:06,760 --> 00:11:08,320 Speaker 1: well in this panel converce. 204 00:11:09,160 --> 00:11:11,280 Speaker 5: Let me also just say it ties into something else 205 00:11:11,320 --> 00:11:13,319 Speaker 5: because one of the things that we've always been saying 206 00:11:13,360 --> 00:11:15,160 Speaker 5: is that we during this time have to take care 207 00:11:15,160 --> 00:11:27,600 Speaker 5: of our own institutions. And it's hard because not many 208 00:11:27,640 --> 00:11:30,640 Speaker 5: of us have the Look, there's only so much Charles 209 00:11:30,640 --> 00:11:35,920 Speaker 5: Phillips and Tony Cole's and Robin Cole's and why am 210 00:11:35,960 --> 00:11:38,959 Speaker 5: I blinking on his name now? Who forgave all the 211 00:11:39,760 --> 00:11:44,280 Speaker 5: Richard Smith, Robert Smith Robert Smith, Lord have Mercy Robert Smith. 212 00:11:44,320 --> 00:11:46,640 Speaker 5: There's only but so much that these individuals can do, 213 00:11:46,720 --> 00:11:51,400 Speaker 5: and we have to have more individuals who are building 214 00:11:51,440 --> 00:11:53,640 Speaker 5: well so that they can we can keep things like 215 00:11:53,640 --> 00:11:56,400 Speaker 5: what's happening sixty miles ninety miles away from my house. 216 00:11:56,440 --> 00:11:58,360 Speaker 5: I wanted to put this clip up about the International 217 00:11:58,720 --> 00:12:03,280 Speaker 5: African American Museum, and it's something that I just wanted 218 00:12:03,280 --> 00:12:05,880 Speaker 5: to highlight because it is a challenge that if you 219 00:12:05,920 --> 00:12:08,440 Speaker 5: guys have five or ten dollars in your pocket, it's 220 00:12:08,480 --> 00:12:12,320 Speaker 5: worth not only going down there to see it, probably 221 00:12:12,360 --> 00:12:15,040 Speaker 5: first when you're in Charleston, it's worth taking a trip 222 00:12:15,160 --> 00:12:17,000 Speaker 5: or a field trip down there so that you can 223 00:12:17,840 --> 00:12:22,960 Speaker 5: examine what's happening, but it's also worth just investing in 224 00:12:22,960 --> 00:12:28,800 Speaker 5: investing in our history, investing in the African American Museum 225 00:12:27,440 --> 00:12:34,720 Speaker 5: in DC, investing in Damn, I can't remember nothing today. 226 00:12:34,720 --> 00:12:38,280 Speaker 5: What's in Memphis, Tennessee? What's the Hotel? Oh, the Lorraine, 227 00:12:38,800 --> 00:12:41,800 Speaker 5: the Lorraine, the Lorraine Museum in Hotel. I mean, we 228 00:12:41,840 --> 00:12:43,440 Speaker 5: need to we need to make sure that we're doing 229 00:12:43,520 --> 00:12:47,960 Speaker 5: the things necessary to preserve our own history because it 230 00:12:48,000 --> 00:12:51,240 Speaker 5: ain't going well for us. And then Nikould put the 231 00:12:51,280 --> 00:12:53,240 Speaker 5: headline up. I want to read just a clip of 232 00:12:53,280 --> 00:12:57,640 Speaker 5: what's actually happening at the International African American Museum. Scrow 233 00:12:57,640 --> 00:13:00,160 Speaker 5: down just a little bit. But they're furling all all 234 00:13:00,200 --> 00:13:03,040 Speaker 5: of its staff. It says the International African American Museum 235 00:13:03,080 --> 00:13:06,880 Speaker 5: in Charleston, South Carolina, beginning in July and lasting through 236 00:13:06,920 --> 00:13:10,920 Speaker 5: December thirty first, will furlough all of its staff. The 237 00:13:10,960 --> 00:13:14,560 Speaker 5: twenty day long furlough will be staggered over the months 238 00:13:14,559 --> 00:13:18,840 Speaker 5: and affect all levels of staff, including museum leadership. I mean, 239 00:13:18,880 --> 00:13:22,760 Speaker 5: they're not closing, but just imagine that. Imagine just not 240 00:13:22,920 --> 00:13:25,840 Speaker 5: being able to give everybody the full experience because you 241 00:13:25,880 --> 00:13:28,880 Speaker 5: don't have the resources. I think that what Jalen Brown 242 00:13:29,040 --> 00:13:32,520 Speaker 5: said and this tie in together in a nexus that's 243 00:13:32,559 --> 00:13:34,079 Speaker 5: so strong that we must do better. 244 00:13:34,720 --> 00:13:35,840 Speaker 2: Yeah, I think. 245 00:13:35,880 --> 00:13:37,400 Speaker 1: I just I do want to go back to a 246 00:13:37,480 --> 00:13:41,280 Speaker 1: second on this Jalen Brown piece, because I think some 247 00:13:41,360 --> 00:13:45,120 Speaker 1: of what we deal with when we talk about boycotts 248 00:13:45,160 --> 00:13:48,240 Speaker 1: or when we talk about ownership, is like there's an 249 00:13:48,320 --> 00:13:53,400 Speaker 1: undercurrent of a lack of worthiness, right, Like you should 250 00:13:53,440 --> 00:13:55,959 Speaker 1: be happy you get millions of dollars, Why you need 251 00:13:56,000 --> 00:13:56,520 Speaker 1: anything else? 252 00:13:56,559 --> 00:13:58,640 Speaker 2: You're doing way better than everybody else ever did and 253 00:13:58,640 --> 00:13:59,520 Speaker 2: you should be fine with that. 254 00:13:59,559 --> 00:14:04,679 Speaker 1: But it's like, well, if you think about your participation 255 00:14:05,080 --> 00:14:07,960 Speaker 1: helped build a franchise, when you think about the fact 256 00:14:07,960 --> 00:14:10,360 Speaker 1: that what what your jersey sales might be, when you 257 00:14:10,360 --> 00:14:13,280 Speaker 1: think about how often your name, image and likeness is 258 00:14:13,360 --> 00:14:16,280 Speaker 1: used in promotions, not just for your team, but also 259 00:14:16,360 --> 00:14:18,200 Speaker 1: for an entire league. We can get out of the NBA, 260 00:14:18,320 --> 00:14:20,520 Speaker 1: we can go to to Major League Baseball, we can 261 00:14:20,520 --> 00:14:24,400 Speaker 1: go to NFL on this, we can go to college sports. Yeah, 262 00:14:25,240 --> 00:14:29,000 Speaker 1: when your nil, your name, image and likeness is used 263 00:14:29,000 --> 00:14:32,800 Speaker 1: to build a team, and then that team benefits from 264 00:14:32,840 --> 00:14:37,040 Speaker 1: your work, from your talents, from your time, from what 265 00:14:37,120 --> 00:14:41,000 Speaker 1: you represent, and then so do these other businesses, what 266 00:14:41,200 --> 00:14:44,480 Speaker 1: are you actually owed? And honestly be it gets to 267 00:14:44,520 --> 00:14:46,960 Speaker 1: the heart of why we were talking about the Black 268 00:14:47,040 --> 00:14:51,160 Speaker 1: Sonian or we're talking about the International African American Museum, 269 00:14:51,400 --> 00:14:56,040 Speaker 1: because the reason folks don't understand that they are worthy 270 00:14:56,080 --> 00:15:00,920 Speaker 1: of equity is because they don't know our history. They 271 00:15:00,960 --> 00:15:05,560 Speaker 1: don't know that a reparations battle isn't about us wanting handouts. 272 00:15:05,960 --> 00:15:08,560 Speaker 1: It's about us having a debt that is, this country 273 00:15:08,600 --> 00:15:11,280 Speaker 1: has never paid. And so this is really about how 274 00:15:11,360 --> 00:15:14,800 Speaker 1: you how you you know, introduce us to the concept 275 00:15:14,800 --> 00:15:17,240 Speaker 1: of the great equalizer, which is pay We pay you 276 00:15:17,280 --> 00:15:18,000 Speaker 1: what you owe me. 277 00:15:18,440 --> 00:15:21,280 Speaker 2: Bitch, better have my money, Rihanna. You know, like that's 278 00:15:21,280 --> 00:15:22,400 Speaker 2: what this is really about. 279 00:15:22,600 --> 00:15:25,400 Speaker 1: And so I hope that we'll get to the point 280 00:15:25,400 --> 00:15:30,440 Speaker 1: where we know it is not beggar's mentality to demand 281 00:15:31,080 --> 00:15:32,160 Speaker 1: what we should be paid. 282 00:15:32,520 --> 00:15:34,640 Speaker 2: That is actually ownership mentality. 283 00:15:34,720 --> 00:15:36,080 Speaker 3: Nothing happens without a demand. 284 00:15:36,280 --> 00:15:38,920 Speaker 1: No, no, And but that's the whole point, Like this 285 00:15:39,080 --> 00:15:41,320 Speaker 1: is and the way that Jalen Brown did it, I 286 00:15:41,360 --> 00:15:43,760 Speaker 1: actually have a lot to learn about Jalen Brown's approach. 287 00:15:44,120 --> 00:15:48,440 Speaker 1: He's soft spoken, but clear and commanding, like it is like, oh, well, 288 00:15:48,520 --> 00:15:50,840 Speaker 1: you know, obviously this is how businesses run. So if 289 00:15:50,840 --> 00:15:53,120 Speaker 1: business is run this way, and it's fine if you're 290 00:15:53,160 --> 00:15:54,840 Speaker 1: in the c suite or you're on a board and 291 00:15:54,880 --> 00:15:58,240 Speaker 1: you get equity in this, why wouldn't we have equity 292 00:15:58,280 --> 00:15:58,440 Speaker 1: in that? 293 00:15:58,640 --> 00:16:00,600 Speaker 3: And you know, he gotpped off. 294 00:16:01,120 --> 00:16:03,440 Speaker 5: That's what people have to realize that it is not 295 00:16:03,480 --> 00:16:04,440 Speaker 5: without consequence. 296 00:16:04,680 --> 00:16:06,480 Speaker 3: Like he got he got he got about of there, 297 00:16:06,760 --> 00:16:07,680 Speaker 3: They got him up out. 298 00:16:07,600 --> 00:16:10,160 Speaker 1: Of it, and then and the team is about to I mean, 299 00:16:10,240 --> 00:16:12,080 Speaker 1: let's see what happens to the team as a result. 300 00:16:12,360 --> 00:16:15,760 Speaker 1: But it's just like, but I'm saying three years ago, 301 00:16:15,840 --> 00:16:19,640 Speaker 1: the largest contract in the league three years ago. So 302 00:16:19,760 --> 00:16:22,200 Speaker 1: I'm just saying that I believe that there will be 303 00:16:23,200 --> 00:16:27,600 Speaker 1: consequences for moving Jaylen Brown because they're afraid of a 304 00:16:27,680 --> 00:16:30,600 Speaker 1: smart nigga. Is really what this is about. This is 305 00:16:30,640 --> 00:16:32,880 Speaker 1: not someone who thinks he's the smartest person in the room. 306 00:16:32,880 --> 00:16:33,720 Speaker 1: He probably is. 307 00:16:34,280 --> 00:16:35,440 Speaker 2: He probably is. 308 00:16:35,600 --> 00:16:38,160 Speaker 1: And so the fact that he's the smartest person in 309 00:16:38,160 --> 00:16:40,280 Speaker 1: the room shouldn't be a reason to get. 310 00:16:40,160 --> 00:16:42,600 Speaker 2: Rid of him. This is not shut up and dribble era, 311 00:16:43,120 --> 00:16:43,800 Speaker 2: you know what I'm saying. 312 00:16:43,880 --> 00:16:46,680 Speaker 5: I mean also means in our own communities that we 313 00:16:46,760 --> 00:16:49,400 Speaker 5: have to refute that culture of anti intellectualism too, which 314 00:16:49,400 --> 00:16:51,800 Speaker 5: is probably a whole another show. But we have to 315 00:16:51,840 --> 00:16:55,080 Speaker 5: be able to accept these young boys like Jalen Brown 316 00:16:55,800 --> 00:16:59,120 Speaker 5: and young men young I was saying, young boys who 317 00:16:59,160 --> 00:17:02,240 Speaker 5: are like Jaalen, like when they're in third, fourth, fifth grade, 318 00:17:02,280 --> 00:17:04,240 Speaker 5: and you have to be able to as a community, 319 00:17:04,640 --> 00:17:06,360 Speaker 5: even if it's not in school, be able to tap 320 00:17:06,400 --> 00:17:08,240 Speaker 5: up here in and be like, hey, you got something 321 00:17:08,280 --> 00:17:10,639 Speaker 5: special right now? Yeah, he don't just talk a lot. 322 00:17:10,880 --> 00:17:13,239 Speaker 5: I know it drives you crazy, but that boy is 323 00:17:13,280 --> 00:17:16,320 Speaker 5: bright and foster that and give them more experiences so 324 00:17:16,359 --> 00:17:18,240 Speaker 5: they get they can then be the young man that 325 00:17:18,320 --> 00:17:21,119 Speaker 5: is Jayalen Brown. And I think it's okay, but we 326 00:17:21,200 --> 00:17:23,400 Speaker 5: do have this, we do have this culture of anti 327 00:17:23,400 --> 00:17:26,000 Speaker 5: intellectualism that we're kind of meandering out of, which I'm 328 00:17:26,040 --> 00:17:29,560 Speaker 5: proud of because I remember, you know, people would laugh at. 329 00:17:29,440 --> 00:17:30,879 Speaker 3: The smartest kid in the class. 330 00:17:31,200 --> 00:17:33,720 Speaker 5: Yeah, yo, old smart big an asthnik, you know what 331 00:17:33,720 --> 00:17:37,880 Speaker 5: I'm talking about. And so, but it's it's changing slightly now, 332 00:17:37,920 --> 00:17:40,000 Speaker 5: but we have to continue to get that stinch of 333 00:17:40,000 --> 00:17:43,600 Speaker 5: anti intellectualism off because I want to say that I'm 334 00:17:43,640 --> 00:17:46,479 Speaker 5: not a big fan of Jaalen Brown's game, but I 335 00:17:46,520 --> 00:17:49,359 Speaker 5: am a big fan of Jaalen Brown's game off the court. 336 00:17:49,640 --> 00:17:51,479 Speaker 1: I'm a I'm a fan of both, and I just 337 00:17:51,560 --> 00:17:54,720 Speaker 1: I just think that it's important that to note this 338 00:17:54,760 --> 00:17:57,359 Speaker 1: is someone who doesn't run away from our history, who 339 00:17:57,440 --> 00:17:59,439 Speaker 1: doesn't run away from what he knows we're worthy of. 340 00:18:00,040 --> 00:18:02,080 Speaker 1: From a business standpoint, and I just would love to 341 00:18:02,080 --> 00:18:05,879 Speaker 1: see some dots connecting between Jalen Brown's approach and like 342 00:18:05,920 --> 00:18:10,479 Speaker 1: that of reverence. I talk a lot about it because again, y'all, 343 00:18:10,520 --> 00:18:14,199 Speaker 1: you know, for full disclosure, I personally benefited from the 344 00:18:14,200 --> 00:18:20,040 Speaker 1: ways in which Reverend challenged institutions, particularly businesses. Every single 345 00:18:20,119 --> 00:18:23,399 Speaker 1: tech client I had was because of Reverend and his 346 00:18:23,480 --> 00:18:26,200 Speaker 1: way of saying, like we deserve to have a seat 347 00:18:26,200 --> 00:18:29,600 Speaker 1: at the table. And you know, there's a major gap 348 00:18:29,640 --> 00:18:31,560 Speaker 1: with him being gone, and so I want us to 349 00:18:31,600 --> 00:18:34,879 Speaker 1: figure out how we challenge systems now, especially in an 350 00:18:34,920 --> 00:18:40,439 Speaker 1: era where DEI has been demonized. You know where they're saying, 351 00:18:40,520 --> 00:18:43,360 Speaker 1: where they're saying, we're going to double down in anti blackness. 352 00:18:44,040 --> 00:18:47,120 Speaker 1: We will even trade you to a different team, even 353 00:18:47,160 --> 00:18:50,360 Speaker 1: if you add value to our team, because you're demanding 354 00:18:50,720 --> 00:18:53,520 Speaker 1: what you're worth. I think that is the conversation we 355 00:18:53,600 --> 00:18:58,159 Speaker 1: need to have now across industry, across sports and entertainment, 356 00:18:58,880 --> 00:19:02,679 Speaker 1: across the automotive space AI space, like there are all 357 00:19:02,760 --> 00:19:06,720 Speaker 1: of these other areas now where we should be having 358 00:19:06,720 --> 00:19:13,480 Speaker 1: this conversation in earnest because we're getting hit really hard 359 00:19:13,560 --> 00:19:21,280 Speaker 1: on every side. Black women have been uh furloughed, terminated 360 00:19:22,200 --> 00:19:24,600 Speaker 1: in their roles, not even in DEI roles. They said 361 00:19:24,600 --> 00:19:26,320 Speaker 1: it was d I, but it wasn't even de I. 362 00:19:26,440 --> 00:19:29,080 Speaker 1: It was just because you black in this role, Like 363 00:19:29,160 --> 00:19:31,080 Speaker 1: we need to be talking about that and then figuring 364 00:19:31,080 --> 00:19:33,320 Speaker 1: out other solutions. But Kari, why is your computer having 365 00:19:33,320 --> 00:19:36,480 Speaker 1: an earthquakes? 366 00:19:36,720 --> 00:19:39,000 Speaker 3: Trying to type? Trying to type gently? And that sounded 367 00:19:39,000 --> 00:19:39,640 Speaker 3: like nick. 368 00:19:40,920 --> 00:19:41,320 Speaker 2: Anyway? 369 00:19:41,480 --> 00:19:44,280 Speaker 1: Okay, Well, I don't know if that means that this 370 00:19:44,359 --> 00:19:45,879 Speaker 1: is the end of the matter in the role, but 371 00:19:45,920 --> 00:19:48,280 Speaker 1: we would love to hear your thoughts on what it 372 00:19:48,359 --> 00:19:52,520 Speaker 1: means to be in an ownership position, to have equity 373 00:19:52,560 --> 00:19:55,240 Speaker 1: in whatever space you occupy. And then how do we 374 00:19:55,280 --> 00:19:58,800 Speaker 1: build that communally If we aren't going to necessarily receive 375 00:19:58,880 --> 00:20:01,320 Speaker 1: that without demand and from white entities, how do we 376 00:20:01,400 --> 00:20:04,360 Speaker 1: ensure that we always start with that in our spaces, 377 00:20:04,359 --> 00:20:08,359 Speaker 1: whether it's in coalition with community and organizers and civil 378 00:20:08,440 --> 00:20:12,280 Speaker 1: rights organizations or small businesses. How do we have that conversation? 379 00:20:12,760 --> 00:20:14,480 Speaker 1: I think a co op model is always good. I 380 00:20:14,480 --> 00:20:16,640 Speaker 1: know some people would call that socialism. I just call 381 00:20:16,680 --> 00:20:17,680 Speaker 1: it justice. 382 00:20:19,800 --> 00:20:20,639 Speaker 3: And we can leave it at that. 383 00:20:21,359 --> 00:20:23,360 Speaker 2: Okay, We'll praise the Lord. We'll see y'all next time. 384 00:20:23,400 --> 00:20:27,399 Speaker 5: Welcome home, y'all, We actually profound, Come on, y'all. 385 00:20:42,000 --> 00:20:44,879 Speaker 1: Native Lampard is a production of iHeart Radio in partnership 386 00:20:44,880 --> 00:20:47,240 Speaker 1: with Resent Choice Media. For more podcasts from our heart radio, 387 00:20:47,320 --> 00:20:49,800 Speaker 1: visits the iHeartRadio app Apple podcasts, or wherever you listen 388 00:20:49,840 --> 00:20:50,840 Speaker 1: to your favorite shows.