1 00:00:00,800 --> 00:00:03,280 Speaker 1: This is the Bloomberg Business of Sports show where we 2 00:00:03,320 --> 00:00:05,600 Speaker 1: explore the big money issues in the world of sports. 3 00:00:05,800 --> 00:00:10,240 Speaker 1: Michael barn I'm Starlett Film Big Money Headlines and sports 4 00:00:10,360 --> 00:00:14,440 Speaker 1: from this week involving former NBA star Meta sander Ford 5 00:00:14,440 --> 00:00:17,919 Speaker 1: Our Test, also known as Meta World Peace. Thank you 6 00:00:17,960 --> 00:00:21,079 Speaker 1: for having me. It's good to be here. Oh my goodness. 7 00:00:21,760 --> 00:00:24,120 Speaker 1: Before we even get into the business ventures, you did 8 00:00:24,160 --> 00:00:28,720 Speaker 1: something very cool and I hope a lot of men 9 00:00:28,760 --> 00:00:32,400 Speaker 1: out there understand what you did. You change your name 10 00:00:32,440 --> 00:00:35,680 Speaker 1: to Meta sander Ford our Test and can you tell 11 00:00:35,760 --> 00:00:39,479 Speaker 1: us why? Well, when I was metal a piece that 12 00:00:39,560 --> 00:00:42,320 Speaker 1: I married to my wife last week Santa for so, 13 00:00:42,800 --> 00:00:45,599 Speaker 1: I just we decided to go with her last name 14 00:00:45,640 --> 00:00:49,040 Speaker 1: and get my regional last name. So now it's medicine 15 00:00:49,080 --> 00:00:51,520 Speaker 1: before our test. Legally you got married four years ago. 16 00:00:52,720 --> 00:00:55,200 Speaker 1: I love that that's the way to do it. Does 17 00:00:55,240 --> 00:00:58,160 Speaker 1: she go by standing Ford our test as well? Yea, 18 00:00:58,280 --> 00:01:00,680 Speaker 1: she goes by singing the Fota test. So it's a 19 00:01:00,760 --> 00:01:03,360 Speaker 1: family last thing. Now, yeah, it is? It really is. 20 00:01:03,400 --> 00:01:08,560 Speaker 1: It truly is like a kind of collaboration. Well, you 21 00:01:08,720 --> 00:01:11,360 Speaker 1: have been doing a lot of great things and you're 22 00:01:11,560 --> 00:01:15,600 Speaker 1: really rocking it in the business world. You are planning 23 00:01:15,640 --> 00:01:19,080 Speaker 1: a new investment fund for the Artest Management Group. Can 24 00:01:19,120 --> 00:01:21,199 Speaker 1: you tell us about that? Yeah, you know, I started 25 00:01:21,200 --> 00:01:24,319 Speaker 1: at this management group three thousand and nine concept when 26 00:01:24,360 --> 00:01:28,399 Speaker 1: I met with my friend Marrion Jefferson. We met kind 27 00:01:28,400 --> 00:01:30,600 Speaker 1: of talked about business and I was like, you know, 28 00:01:30,640 --> 00:01:32,959 Speaker 1: I'm trying to get started, want to really do something different. 29 00:01:33,240 --> 00:01:35,440 Speaker 1: It's right before we want the championship. In two thousand 30 00:01:35,440 --> 00:01:39,720 Speaker 1: and fifteen, we incorporated it. We were going to just 31 00:01:39,800 --> 00:01:44,200 Speaker 1: launch a full on management company that's athlete management. Initially 32 00:01:44,240 --> 00:01:46,520 Speaker 1: it was movies. It was a little bit of everything 33 00:01:46,840 --> 00:01:49,680 Speaker 1: that what I realized was too much to handle launching 34 00:01:50,320 --> 00:01:54,240 Speaker 1: that those many verticals, so I decided to focus more 35 00:01:54,280 --> 00:01:58,280 Speaker 1: on just basketball. Uh. Then we launched Experts Exports Sea Corps. 36 00:01:58,840 --> 00:02:02,360 Speaker 1: So meanwhile, both the companies were Sea Corps, Artists Management 37 00:02:02,400 --> 00:02:06,600 Speaker 1: Group in Sea Corporate, Experts Exports Sea Corps, and um. 38 00:02:06,640 --> 00:02:08,800 Speaker 1: What we did was just focused there, focused on the 39 00:02:08,840 --> 00:02:12,920 Speaker 1: tech side, athletes, connecting athletes, building them together, and I 40 00:02:12,919 --> 00:02:16,480 Speaker 1: started to attract more business and the business I started 41 00:02:16,520 --> 00:02:18,720 Speaker 1: to attract with things I wanted to be involved in 42 00:02:18,840 --> 00:02:21,440 Speaker 1: to build up my portfolio. And meanwhile, you know, when 43 00:02:21,440 --> 00:02:25,399 Speaker 1: we launched Artiest management group. We launched Attend No Evaluation 44 00:02:25,440 --> 00:02:28,200 Speaker 1: out the back. And now when you fast forward, we 45 00:02:28,280 --> 00:02:31,760 Speaker 1: have health healthcare companies that's doing pretty well. You know. 46 00:02:31,800 --> 00:02:34,079 Speaker 1: It was I had an opportunity to be a part 47 00:02:34,080 --> 00:02:36,920 Speaker 1: of two companies that went public. We got some companies 48 00:02:36,960 --> 00:02:40,079 Speaker 1: that's going public in the pipeline, and we have opportunities 49 00:02:40,160 --> 00:02:46,280 Speaker 1: to engage in other real estate opportunities, professional sports opportunities. 50 00:02:46,800 --> 00:02:48,640 Speaker 1: When we when when I when I measured all that, 51 00:02:49,000 --> 00:02:51,280 Speaker 1: you know, I called my buddy Stefan Bonds, who I 52 00:02:51,360 --> 00:02:54,480 Speaker 1: know from Thesal Academy. He's on the boarder St. John's, 53 00:02:54,639 --> 00:02:56,960 Speaker 1: and you know, uh, I was like, hey, I'm thinking 54 00:02:57,000 --> 00:02:59,840 Speaker 1: about doing a few things here. My healthcare companies doing 55 00:03:00,040 --> 00:03:03,480 Speaker 1: you will it's quite easy killingly how's get company? And 56 00:03:03,520 --> 00:03:05,240 Speaker 1: I was, I was like, I think I'm gonna watching 57 00:03:05,240 --> 00:03:06,800 Speaker 1: fun that. He said, Hey, you gotta call my guy. 58 00:03:06,960 --> 00:03:10,160 Speaker 1: So I called up his his old boss, Jerry Bias, 59 00:03:10,160 --> 00:03:12,760 Speaker 1: and we talked and you talked, and then I asked 60 00:03:12,760 --> 00:03:14,280 Speaker 1: my team and said, hey, do you do you guys 61 00:03:14,280 --> 00:03:17,600 Speaker 1: just want to do you know a bigger fund versus 62 00:03:17,600 --> 00:03:21,000 Speaker 1: you know, a ten or fifty million dollar fund. He said, okay, 63 00:03:21,040 --> 00:03:22,760 Speaker 1: let's do it. And let's try. And we got a 64 00:03:22,880 --> 00:03:28,000 Speaker 1: nice response from the community, especially the big investors, and 65 00:03:28,200 --> 00:03:31,880 Speaker 1: now we're just taking more meetings and different things like that. 66 00:03:32,000 --> 00:03:34,520 Speaker 1: So you know, it's it's a it's an ambitious um, 67 00:03:34,560 --> 00:03:37,360 Speaker 1: but it's something that I wanted to do. Any former 68 00:03:37,400 --> 00:03:40,160 Speaker 1: athletes as well in the mix, Well, one of the 69 00:03:40,200 --> 00:03:42,200 Speaker 1: things that I don't like to do is come out 70 00:03:42,240 --> 00:03:45,360 Speaker 1: the gates talking to you trying to get capital from athletes. 71 00:03:45,360 --> 00:03:47,880 Speaker 1: I don't really care how much money they have because 72 00:03:48,200 --> 00:03:50,880 Speaker 1: I was an athlete at one point and I'm a 73 00:03:50,920 --> 00:03:54,680 Speaker 1: little bit dun shot there. Um because you obviously, you know, 74 00:03:54,760 --> 00:03:56,680 Speaker 1: we hear a lot of stories of athletes going broke. 75 00:03:57,120 --> 00:03:59,600 Speaker 1: I want to make sure it's a no brainer and 76 00:03:59,680 --> 00:04:03,040 Speaker 1: a way to before I started going to athletes or now. Yeah, 77 00:04:03,160 --> 00:04:07,120 Speaker 1: I will be attempting to go to athletes now that 78 00:04:07,200 --> 00:04:10,760 Speaker 1: we have this amazing team, but I was holding off 79 00:04:11,040 --> 00:04:13,000 Speaker 1: for a long long time. I didn't want to use 80 00:04:13,080 --> 00:04:17,040 Speaker 1: athlete capitol at startup capitol. That that is very good. 81 00:04:17,080 --> 00:04:19,320 Speaker 1: You said that because I think of you and I 82 00:04:19,360 --> 00:04:22,120 Speaker 1: and you remind me a lot of Indomican Sue who 83 00:04:22,200 --> 00:04:25,120 Speaker 1: used to play for the Detroit Lions. Both of you 84 00:04:25,160 --> 00:04:27,880 Speaker 1: guys on the court and on the field passionate players. 85 00:04:28,240 --> 00:04:31,200 Speaker 1: And then off the court you step off and you 86 00:04:31,240 --> 00:04:34,640 Speaker 1: guys are just clocking it. Man. When it comes to 87 00:04:35,240 --> 00:04:41,360 Speaker 1: the business acumen, what would you tell not just an athlete, 88 00:04:41,640 --> 00:04:45,200 Speaker 1: pro athlete, but even a college athlete trying to come 89 00:04:45,279 --> 00:04:47,839 Speaker 1: up through the ranks on how to manage their money? 90 00:04:48,000 --> 00:04:51,680 Speaker 1: And you know, I think just meet lots of people. UM. 91 00:04:52,600 --> 00:04:55,599 Speaker 1: I always tell people close family members, you want to 92 00:04:55,680 --> 00:04:59,160 Speaker 1: make sure they're learning, you know, and not just watching. 93 00:05:00,040 --> 00:05:03,240 Speaker 1: Because when you get older and you retired, you know, 94 00:05:03,560 --> 00:05:04,800 Speaker 1: you know, you know, you don't you don't want to 95 00:05:04,880 --> 00:05:08,800 Speaker 1: keep paine those large trees and different things like that. 96 00:05:08,920 --> 00:05:12,839 Speaker 1: You know, I launched my own in house family office 97 00:05:13,080 --> 00:05:16,640 Speaker 1: UM two six years ago. We actually have a couple 98 00:05:16,640 --> 00:05:20,000 Speaker 1: of athletes science us UM because it was once upon 99 00:05:20,040 --> 00:05:21,719 Speaker 1: a time when I was young where I was trying 100 00:05:21,720 --> 00:05:24,279 Speaker 1: of making mistakes and stuff. So you know, I said, 101 00:05:24,279 --> 00:05:25,880 Speaker 1: you know, I just wanted to get ahead of this thing. 102 00:05:26,279 --> 00:05:28,559 Speaker 1: And yeah, I would just say, you know what, people 103 00:05:28,600 --> 00:05:31,160 Speaker 1: you trust, make sure you bring up your family, make 104 00:05:31,200 --> 00:05:33,880 Speaker 1: sure they're learning and not watching. You said you're tired 105 00:05:33,920 --> 00:05:36,400 Speaker 1: of making mistakes. Can you share a mistake that you 106 00:05:36,520 --> 00:05:40,000 Speaker 1: made that informed the way you went about forming your 107 00:05:40,640 --> 00:05:45,080 Speaker 1: artest management group and how you went about building this fund. Yeah, 108 00:05:45,080 --> 00:05:47,760 Speaker 1: you know, when I was coming up, I was mostly 109 00:05:47,800 --> 00:05:52,440 Speaker 1: focused on basketball earlier on my career and defense versus 110 00:05:52,520 --> 00:05:56,200 Speaker 1: equity and cap tables and stuff like that as an 111 00:05:56,200 --> 00:05:59,440 Speaker 1: anyteen year o kid. Um. One of the deals that 112 00:05:59,440 --> 00:06:01,680 Speaker 1: I always I could talk about as the Vitamint water 113 00:06:01,760 --> 00:06:06,160 Speaker 1: deal when I was helping vitamin water in my community 114 00:06:06,440 --> 00:06:09,480 Speaker 1: when it was pushing carts, when the founders was pushing 115 00:06:09,560 --> 00:06:12,520 Speaker 1: carts a vitamin water, and then I decided to put 116 00:06:12,600 --> 00:06:15,520 Speaker 1: vitamin water on my jersey for like m on my 117 00:06:15,600 --> 00:06:18,440 Speaker 1: league inviting the water. After a couple of months, they 118 00:06:18,480 --> 00:06:20,800 Speaker 1: was like, hey, guys, thank you for that. They want 119 00:06:20,839 --> 00:06:22,640 Speaker 1: to bring you into the office and offer you something. 120 00:06:22,640 --> 00:06:25,080 Speaker 1: So they brought me into this office and offered me 121 00:06:25,160 --> 00:06:27,720 Speaker 1: equity in the company. And I would thinking I was 122 00:06:27,760 --> 00:06:29,599 Speaker 1: twenty five at that point and I didn't know what 123 00:06:29,600 --> 00:06:33,719 Speaker 1: equity was at that point. And then about three about 124 00:06:33,760 --> 00:06:35,360 Speaker 1: three months later I think, or maybe a couple of 125 00:06:35,400 --> 00:06:37,880 Speaker 1: months after, they sold it for billions and then everybody 126 00:06:37,880 --> 00:06:39,800 Speaker 1: made a lot of money. And at that point I'm like, Okay, 127 00:06:39,800 --> 00:06:41,880 Speaker 1: I gotta get on top of my game. And I 128 00:06:42,000 --> 00:06:44,200 Speaker 1: was actually frustrated at that time, but I did tell 129 00:06:44,240 --> 00:06:48,400 Speaker 1: myself it will come back around. But you know, I'm 130 00:06:48,440 --> 00:06:51,880 Speaker 1: a fairly simple guy, so I have a lot of patients. 131 00:06:51,920 --> 00:06:55,160 Speaker 1: I'm not really rushing um. But it didn't motivate me 132 00:06:55,240 --> 00:06:58,239 Speaker 1: to get on my a game in terms of business, 133 00:06:58,400 --> 00:07:01,360 Speaker 1: you know, cap tables, reading kind of tracks, getting your 134 00:07:01,440 --> 00:07:06,720 Speaker 1: right dails, uh, targeting companies. It made me more hongry 135 00:07:06,800 --> 00:07:10,240 Speaker 1: actually because of that missed opportunity to get equity from 136 00:07:10,320 --> 00:07:12,880 Speaker 1: vitamin water. It wasn't the missed opportunity, it was the 137 00:07:12,920 --> 00:07:18,200 Speaker 1: actual understanding the terminalogy of equity. You know, I really 138 00:07:18,280 --> 00:07:20,880 Speaker 1: didn't care about what that word meant, and it was 139 00:07:20,920 --> 00:07:24,240 Speaker 1: never serious to me. I wasn't really interested in those words. 140 00:07:24,800 --> 00:07:27,520 Speaker 1: I was more interested in just lock it up defense. 141 00:07:28,280 --> 00:07:30,320 Speaker 1: And at that point I said, you know, this is 142 00:07:30,360 --> 00:07:33,200 Speaker 1: a really interesting concept. So then I started to you know, 143 00:07:33,280 --> 00:07:37,400 Speaker 1: in towards learning, learning, learning, learning, learning, UM, and I 144 00:07:37,400 --> 00:07:39,360 Speaker 1: did a lot to get put myself in this position 145 00:07:39,400 --> 00:07:43,080 Speaker 1: where people are everybody that's involved has run billion dollar companies. 146 00:07:43,280 --> 00:07:45,960 Speaker 1: That doesn't sound like well I'm talking about now, yes, 147 00:07:46,320 --> 00:07:48,480 Speaker 1: But but before it what it was a mistake that 148 00:07:48,560 --> 00:07:50,360 Speaker 1: when you missed out on that type of you know, 149 00:07:50,360 --> 00:07:52,800 Speaker 1: when you have a two hundred three hundred thousand dollar 150 00:07:52,800 --> 00:07:59,720 Speaker 1: investment that can turn to forty million dollars. I can see, 151 00:07:59,760 --> 00:08:05,920 Speaker 1: I can see you know. You were ahead of the 152 00:08:06,000 --> 00:08:09,440 Speaker 1: curve though, because you had that, you wore it, and 153 00:08:09,760 --> 00:08:12,080 Speaker 1: you were best. When all of a sudden, all the 154 00:08:12,200 --> 00:08:15,160 Speaker 1: league started realizing, you know what, we put some sponsorship 155 00:08:15,640 --> 00:08:20,000 Speaker 1: on our jerseys. Uh, we can make some money out 156 00:08:20,040 --> 00:08:22,160 Speaker 1: of this. The sponsors are gonna like us. You were 157 00:08:22,200 --> 00:08:24,600 Speaker 1: ahead of the curve with that. Yeah, I think so. Well, 158 00:08:24,640 --> 00:08:26,920 Speaker 1: a lot of stuff like I definitely have a vision 159 00:08:27,440 --> 00:08:30,760 Speaker 1: and like the move. You know, even when I changed 160 00:08:30,800 --> 00:08:32,959 Speaker 1: my name or you know, if I do something on 161 00:08:33,080 --> 00:08:34,920 Speaker 1: came out. I was always kind of out there as 162 00:08:35,000 --> 00:08:37,560 Speaker 1: a player, even though once upon a time I start 163 00:08:38,200 --> 00:08:39,559 Speaker 1: or when you know when I when I when I 164 00:08:39,720 --> 00:08:42,559 Speaker 1: started to fall off, I started, and I always have 165 00:08:43,000 --> 00:08:46,000 Speaker 1: creativity to stay relevant. And you know, I kind of 166 00:08:46,040 --> 00:08:47,720 Speaker 1: wanted to have a little more patients of time because 167 00:08:47,720 --> 00:08:49,680 Speaker 1: I do see I do see things in the future. 168 00:08:49,920 --> 00:08:53,360 Speaker 1: All all the optimists and ambitious, but sometimes taking the 169 00:08:53,480 --> 00:08:56,760 Speaker 1: necessary steps right. So seeing the future book then just 170 00:08:56,920 --> 00:08:59,800 Speaker 1: taking your time right and get in there, and that's 171 00:09:00,120 --> 00:09:03,640 Speaker 1: game that I know I have because of how I 172 00:09:03,720 --> 00:09:06,400 Speaker 1: played the game right, So there's no rush, just keep 173 00:09:06,440 --> 00:09:09,760 Speaker 1: working and chip away at it and then things that happen. 174 00:09:10,400 --> 00:09:13,200 Speaker 1: Speaking of taking the time to kind of chip away things, 175 00:09:13,320 --> 00:09:17,320 Speaker 1: I know that you have a partnership with boost Mobile 176 00:09:17,600 --> 00:09:22,000 Speaker 1: where you work with students to navigate brand sponsorship. You 177 00:09:22,080 --> 00:09:24,520 Speaker 1: kind of serve as a mentor and a guide. Talk 178 00:09:24,520 --> 00:09:28,120 Speaker 1: a little bit about what that entails now when they 179 00:09:28,160 --> 00:09:32,360 Speaker 1: can get so much of that information online through TikTok videos, 180 00:09:32,679 --> 00:09:35,439 Speaker 1: through YouTube shorts. I mean they come in here with 181 00:09:35,559 --> 00:09:38,320 Speaker 1: a knowledge base that's different than perhaps you did at 182 00:09:38,360 --> 00:09:40,839 Speaker 1: that age. Yes, and boost Mobile was first in the 183 00:09:40,960 --> 00:09:43,720 Speaker 1: mail department when the n c A announced or when 184 00:09:43,760 --> 00:09:46,880 Speaker 1: they're ruling where athletes we are not able to get paid. 185 00:09:47,080 --> 00:09:51,719 Speaker 1: And I remember talking to Angia Henderson of boost and 186 00:09:51,920 --> 00:09:55,679 Speaker 1: also Steve Stocos, and they really said we should be 187 00:09:55,880 --> 00:09:59,360 Speaker 1: first and support the student athletes. They did, and the 188 00:09:59,400 --> 00:10:02,599 Speaker 1: student at it's are really brilliant these days. They know 189 00:10:02,720 --> 00:10:06,000 Speaker 1: their work, they know their value, and they deserve to 190 00:10:06,120 --> 00:10:08,880 Speaker 1: get paid. I remember when, you know, times in college 191 00:10:08,920 --> 00:10:11,079 Speaker 1: where I didn't have money, you know, and and and 192 00:10:11,160 --> 00:10:14,000 Speaker 1: I would make stupid decisions, you know, because I didn't 193 00:10:14,000 --> 00:10:16,840 Speaker 1: have money and different things like that. So I think, 194 00:10:17,400 --> 00:10:19,679 Speaker 1: you know, we boost mobile that the partnership, it made 195 00:10:19,679 --> 00:10:22,160 Speaker 1: a lot of sense being in my background and mental 196 00:10:22,200 --> 00:10:24,440 Speaker 1: health my background and give them back to the youth, 197 00:10:25,040 --> 00:10:27,160 Speaker 1: you know. And and always wanted to be a part 198 00:10:27,240 --> 00:10:29,720 Speaker 1: of things that has social impact. And there's not all 199 00:10:29,720 --> 00:10:31,880 Speaker 1: of It's not always about just making money, you know, 200 00:10:31,960 --> 00:10:33,800 Speaker 1: it's also about how are we going to help the 201 00:10:33,920 --> 00:10:38,960 Speaker 1: youth not only with mental health, but also financial literacy, 202 00:10:39,760 --> 00:10:43,400 Speaker 1: you know, and knowing your worth, understanding your economics and 203 00:10:43,480 --> 00:10:46,360 Speaker 1: different things like that at an early age. Right, So 204 00:10:46,520 --> 00:10:49,839 Speaker 1: so we don't miss these ways, uh, such as such 205 00:10:49,880 --> 00:10:53,319 Speaker 1: as we missed being from Long Island City, how many 206 00:10:53,400 --> 00:10:56,599 Speaker 1: millionaires coming from Long Island City versus how many of 207 00:10:56,840 --> 00:11:01,200 Speaker 1: us are actually building the real estate and wrong islands, right, 208 00:11:01,360 --> 00:11:05,360 Speaker 1: not not having the real estate, lives literacy and different 209 00:11:05,400 --> 00:11:08,360 Speaker 1: things like that. So it's very important that we understand 210 00:11:08,920 --> 00:11:13,079 Speaker 1: how to navigate and you know and build these big projects, 211 00:11:13,840 --> 00:11:18,680 Speaker 1: you know, built these you know, hundred uh unit buildings 212 00:11:18,720 --> 00:11:21,240 Speaker 1: and different things like that, you know, uh, and being 213 00:11:21,320 --> 00:11:25,880 Speaker 1: ambitious uh and being aggressive and going towards those goals. Now, 214 00:11:26,400 --> 00:11:31,559 Speaker 1: it is hard, especially for youths today to navigate about 215 00:11:31,679 --> 00:11:34,640 Speaker 1: mental health because it's tough out there. Man, Yeah, yeah, Man, 216 00:11:34,760 --> 00:11:36,760 Speaker 1: I mean it's it's a lot because you know, obviously 217 00:11:36,800 --> 00:11:40,800 Speaker 1: it's so much more media, so much more social media. Um, 218 00:11:41,000 --> 00:11:46,199 Speaker 1: everything is faster, uh, And the lifestyle that we that 219 00:11:46,360 --> 00:11:48,679 Speaker 1: we want or or we see on social we think 220 00:11:48,720 --> 00:11:50,079 Speaker 1: that's something we gotta live. And there's a lot of 221 00:11:50,120 --> 00:11:52,440 Speaker 1: stress out there these days. So you know, we definitely 222 00:11:52,440 --> 00:11:55,160 Speaker 1: want to continue to support I recently joined the board 223 00:11:55,200 --> 00:11:57,360 Speaker 1: of the u c l A Psychiatric Ward and that 224 00:11:57,480 --> 00:12:00,440 Speaker 1: was one of my biggest accomplish mental my career because 225 00:12:00,880 --> 00:12:03,840 Speaker 1: just having the ability to work with such a big 226 00:12:04,040 --> 00:12:07,400 Speaker 1: you know institute, you know institution to give input from 227 00:12:07,440 --> 00:12:09,480 Speaker 1: my perspective being one of the leaders in the space, 228 00:12:10,080 --> 00:12:13,000 Speaker 1: you know, at an early time. So you know, we 229 00:12:13,120 --> 00:12:16,000 Speaker 1: still want to make sure that we're trying to be 230 00:12:16,120 --> 00:12:19,320 Speaker 1: responsible and send out good messaging. And then how can 231 00:12:19,360 --> 00:12:22,120 Speaker 1: we come up with to get solutions, solutions where you know, 232 00:12:22,240 --> 00:12:25,760 Speaker 1: people could have an outlet versus holding things in, bobbling 233 00:12:25,840 --> 00:12:29,320 Speaker 1: things up, become a stress, anxiety, depression, and how can 234 00:12:29,360 --> 00:12:31,720 Speaker 1: we create more happiness. You mentioned you're on the board. 235 00:12:31,800 --> 00:12:35,439 Speaker 1: What kind of input did you share that perhaps, um, 236 00:12:35,960 --> 00:12:38,319 Speaker 1: others on the board were not aware of giving your 237 00:12:38,600 --> 00:12:41,760 Speaker 1: personal experiences and what you've gone through professionally. Well, I 238 00:12:41,840 --> 00:12:44,640 Speaker 1: think my, I think my. You know, my initial board 239 00:12:44,679 --> 00:12:47,120 Speaker 1: meeting was just an introduction, and obviously we have more 240 00:12:47,160 --> 00:12:51,439 Speaker 1: meetings coming up in the future. But I think what 241 00:12:52,080 --> 00:12:55,319 Speaker 1: was inspiring, you know, to to the chair the board 242 00:12:55,480 --> 00:12:58,959 Speaker 1: was the work that I'm doing that I've done, you know, 243 00:12:59,040 --> 00:13:00,840 Speaker 1: in the past, I've done so much of mental health. 244 00:13:01,200 --> 00:13:04,400 Speaker 1: Uh not. I wasn't necessarily trying to be recognized for it. 245 00:13:04,720 --> 00:13:06,360 Speaker 1: I was just doing it. That's something I wanted to do, 246 00:13:07,040 --> 00:13:09,880 Speaker 1: you know. And now people are recognizing that, and we 247 00:13:10,000 --> 00:13:13,000 Speaker 1: got big plans, you know, not only down the poor, 248 00:13:13,080 --> 00:13:16,160 Speaker 1: but we've got big plans with different types of products 249 00:13:16,280 --> 00:13:18,800 Speaker 1: that we want to launch in the mental health space 250 00:13:18,880 --> 00:13:21,679 Speaker 1: along with our other healthcare stuff. You're also connected in 251 00:13:21,800 --> 00:13:24,800 Speaker 1: the n f T business with the Mena Panda Club. 252 00:13:25,480 --> 00:13:29,480 Speaker 1: Uh that is aimed at building the world's largest basketball community, 253 00:13:29,640 --> 00:13:34,160 Speaker 1: uniting pro players, basketball teams, leagues, and fans. So let's say, 254 00:13:34,200 --> 00:13:37,480 Speaker 1: for example, I've got my six dollars and twenty five cents, 255 00:13:37,520 --> 00:13:39,720 Speaker 1: and then Scarlett is gonna come in and say, Mike, 256 00:13:39,800 --> 00:13:42,640 Speaker 1: you're cheap and then, but I still want to get 257 00:13:42,720 --> 00:13:44,800 Speaker 1: in this n f T. How do I go about 258 00:13:44,880 --> 00:13:48,800 Speaker 1: doing it? That's a good thing. So, I mean it 259 00:13:48,920 --> 00:13:51,440 Speaker 1: was six dollars and twenty five cents. Um, it will 260 00:13:51,440 --> 00:13:54,319 Speaker 1: be hard for you to get into. It'll be the 261 00:13:54,400 --> 00:13:59,240 Speaker 1: bargain basement. But I could always drop you in n 262 00:13:59,280 --> 00:14:03,760 Speaker 1: f T if you're getting your wallet, you know, and 263 00:14:04,160 --> 00:14:08,040 Speaker 1: you know you can buy a coffee. Um. Yeah, but 264 00:14:08,120 --> 00:14:10,959 Speaker 1: I love the blockchain space I've been. My son is 265 00:14:11,040 --> 00:14:15,280 Speaker 1: a computer science major at USC. Graduated high school at 266 00:14:15,280 --> 00:14:18,199 Speaker 1: the age of fifteen, got a basketball scholarship to u 267 00:14:18,280 --> 00:14:20,640 Speaker 1: c i A, where he did not only basketball but 268 00:14:20,680 --> 00:14:24,280 Speaker 1: also the Treater Science Gaming. He transferred to USC so 269 00:14:24,400 --> 00:14:26,080 Speaker 1: the Matter school, which is only one of one of 270 00:14:26,240 --> 00:14:30,040 Speaker 1: forty students get in every year. Um. So we have 271 00:14:30,200 --> 00:14:34,000 Speaker 1: a background in technology. He's a world developer, launching his 272 00:14:34,040 --> 00:14:37,360 Speaker 1: own company and raising money. Actually, um but he's only 273 00:14:37,360 --> 00:14:40,480 Speaker 1: twenty one years old. He actually did some development work 274 00:14:40,560 --> 00:14:43,160 Speaker 1: for into It quick Books last year where they hired him. 275 00:14:43,480 --> 00:14:46,320 Speaker 1: He's down working for d C. We love technology. He 276 00:14:46,520 --> 00:14:50,120 Speaker 1: focused on blockchain technology and in a CTO space. That's 277 00:14:50,200 --> 00:14:52,560 Speaker 1: his goal to be a CTO And I'm in the 278 00:14:52,640 --> 00:14:57,360 Speaker 1: space as a CDEO project manager. UM, I do work 279 00:14:57,400 --> 00:15:00,360 Speaker 1: with tons of developers Web three, Web two, so I 280 00:15:00,480 --> 00:15:05,040 Speaker 1: understand what's possible, and that's why I love the space. 281 00:15:05,800 --> 00:15:08,960 Speaker 1: Versus going through middlement of third parties and just being 282 00:15:09,040 --> 00:15:11,600 Speaker 1: on the consumer face side. We're on the backing side, 283 00:15:11,960 --> 00:15:15,640 Speaker 1: so we actually have different deals with Web three developers 284 00:15:15,680 --> 00:15:18,560 Speaker 1: where we'll be able to launch multiple products. I've really 285 00:15:18,640 --> 00:15:21,840 Speaker 1: loved the webty space. Um It's definitely something that our 286 00:15:21,920 --> 00:15:24,760 Speaker 1: portfolio is gonna focus on being that in the position 287 00:15:24,840 --> 00:15:27,400 Speaker 1: that we're in, being able to work with the devs 288 00:15:27,520 --> 00:15:29,320 Speaker 1: and then also work with the athletes so we'll be 289 00:15:29,360 --> 00:15:32,760 Speaker 1: able to get products out there quick. We lost a 290 00:15:32,840 --> 00:15:36,760 Speaker 1: few days ago, probably one of the greatest defensive players, 291 00:15:37,960 --> 00:15:42,040 Speaker 1: Bill Russell, played for many years for the Boston Celtics, 292 00:15:42,320 --> 00:15:47,760 Speaker 1: and it was a player coach also. Uh, without guys 293 00:15:47,880 --> 00:15:50,840 Speaker 1: like Bill Russell, it would be pretty hard for guys 294 00:15:52,000 --> 00:15:54,720 Speaker 1: like you and many others in the league to be 295 00:15:54,960 --> 00:15:58,240 Speaker 1: as successful as you are today. UM. I mean, I 296 00:15:58,480 --> 00:16:00,560 Speaker 1: love Bill Russell. When I got my It's the player 297 00:16:00,680 --> 00:16:04,200 Speaker 1: of the year he was there. Um So alright, Peter 298 00:16:04,320 --> 00:16:07,400 Speaker 1: Bill Russell, I agree. He definitely set the tone back 299 00:16:07,480 --> 00:16:09,920 Speaker 1: in the days I heard a lot of stories about 300 00:16:10,640 --> 00:16:14,840 Speaker 1: the race, the racial incidences that he uh had to 301 00:16:14,960 --> 00:16:18,360 Speaker 1: absorb and endure, and he still came out as a 302 00:16:18,440 --> 00:16:22,960 Speaker 1: classic guy. You know. On the other side, I'm very inspiring. 303 00:16:24,000 --> 00:16:26,800 Speaker 1: I got him number one, my number one player of 304 00:16:26,960 --> 00:16:30,640 Speaker 1: all time because of his eleven range and he started 305 00:16:30,760 --> 00:16:33,400 Speaker 1: each year and those were his teams. He also has 306 00:16:33,480 --> 00:16:36,360 Speaker 1: a ring as a champion. I'm sorry as a coach 307 00:16:36,640 --> 00:16:39,720 Speaker 1: and a player. So until someone can beat that record, 308 00:16:39,800 --> 00:16:43,800 Speaker 1: Bill Russell was the greatest ever. And I'm curious what takeaways, 309 00:16:44,160 --> 00:16:48,160 Speaker 1: um you have from his coaching career, given that you 310 00:16:48,240 --> 00:16:50,600 Speaker 1: know you're thinking ahead and how you might want to 311 00:16:50,680 --> 00:16:53,240 Speaker 1: one day be a coach in the NBA as well. Yeah, 312 00:16:53,280 --> 00:16:57,040 Speaker 1: I think it's great. Love. I think I coached now right, 313 00:16:57,120 --> 00:16:59,080 Speaker 1: So even in my last two years with the Lakers, 314 00:16:59,120 --> 00:17:00,680 Speaker 1: I was coaching the past. I would say to high 315 00:17:00,680 --> 00:17:03,840 Speaker 1: school girls as an assistant coach for coach Torino Johnson, 316 00:17:04,240 --> 00:17:07,639 Speaker 1: I'm coaching right now cow State Girls Division through Basketball 317 00:17:07,720 --> 00:17:11,080 Speaker 1: for coach Torino Johnson. I also coached at Beverly Hills 318 00:17:11,160 --> 00:17:13,280 Speaker 1: High School for a little bit. I coached the boys 319 00:17:13,320 --> 00:17:16,440 Speaker 1: that Palley. I got ten teams around Los Angeles, right now, 320 00:17:17,280 --> 00:17:20,080 Speaker 1: I do a lot of coaching right now. I'm just 321 00:17:20,280 --> 00:17:23,040 Speaker 1: prepping for my time. So when I do get into coaching, 322 00:17:23,520 --> 00:17:25,240 Speaker 1: you know, it'll be great. And my team is such 323 00:17:25,280 --> 00:17:28,080 Speaker 1: an a one team in terms. But the fund, I'll 324 00:17:28,119 --> 00:17:30,879 Speaker 1: be able to coach while the business is still being ranking, 325 00:17:31,040 --> 00:17:35,239 Speaker 1: you know, excellently. So with that being said, now I'm 326 00:17:35,280 --> 00:17:38,560 Speaker 1: even more aggressive towards going to coaching because of what 327 00:17:38,680 --> 00:17:41,679 Speaker 1: I could the foundation l A. You had mentioned at 328 00:17:41,720 --> 00:17:44,800 Speaker 1: one point that you were interested in being the Knicks 329 00:17:45,000 --> 00:17:48,600 Speaker 1: head coach, and that was before Tom Thibodeau got hired. 330 00:17:49,600 --> 00:17:52,480 Speaker 1: I didn't know anything about that until I saw that 331 00:17:52,640 --> 00:17:55,320 Speaker 1: out there. Well, I I love coaching. I try to 332 00:17:55,400 --> 00:17:57,760 Speaker 1: do what I love. I don't want let anyone's job. 333 00:17:57,800 --> 00:18:01,399 Speaker 1: I always wait until I hear some on ESPN, so 334 00:18:01,520 --> 00:18:04,600 Speaker 1: I'm not in the back end where people are actively 335 00:18:05,000 --> 00:18:06,840 Speaker 1: trying to get metal up he said, coaching job or 336 00:18:06,840 --> 00:18:08,840 Speaker 1: even if I have opportunities, I just wait out to 337 00:18:08,840 --> 00:18:10,600 Speaker 1: hear something on TV. If I had something on TV, 338 00:18:10,760 --> 00:18:13,680 Speaker 1: I will then go try to get that job. But 339 00:18:13,840 --> 00:18:16,960 Speaker 1: after that job is secured, I then stepped back away. 340 00:18:17,359 --> 00:18:19,400 Speaker 1: I support the New York Knicks. I loved the mix. 341 00:18:19,480 --> 00:18:22,200 Speaker 1: I loved coach Thibodeaux. I'm I'm rooting for him to 342 00:18:22,560 --> 00:18:24,760 Speaker 1: bring a title to New York City, and I want 343 00:18:24,800 --> 00:18:28,080 Speaker 1: to be as supportive as possible. Um, I want to 344 00:18:28,080 --> 00:18:31,800 Speaker 1: be as supportive as possible. Uh, you know to coach Tibordeaux. Uh. 345 00:18:32,600 --> 00:18:36,719 Speaker 1: But yeah, absolutely. When I got drafted in nine nine, 346 00:18:36,760 --> 00:18:39,640 Speaker 1: I had a Nick jersey under my suit. I thought 347 00:18:39,640 --> 00:18:41,080 Speaker 1: I was on to the next I was about to 348 00:18:41,080 --> 00:18:43,280 Speaker 1: take it off and different things like that. You know. 349 00:18:43,320 --> 00:18:45,720 Speaker 1: I I got a great love for the Knicks, and 350 00:18:46,119 --> 00:18:48,800 Speaker 1: I mean everybody would love to be a head coach 351 00:18:48,840 --> 00:18:52,439 Speaker 1: and bring a title to New York City, you know. Um, 352 00:18:53,000 --> 00:18:55,200 Speaker 1: you know, but you know, with that being said, it's 353 00:18:55,240 --> 00:18:57,080 Speaker 1: just it's just it's just a kid dreaming. You know. 354 00:18:57,119 --> 00:19:00,159 Speaker 1: It's a kid dreaming from Queen's Ridge only on the 355 00:19:00,240 --> 00:19:02,240 Speaker 1: city that used to look at the buildings from across 356 00:19:02,359 --> 00:19:04,639 Speaker 1: the water. And that's said. You know, I'm going to 357 00:19:04,720 --> 00:19:07,200 Speaker 1: continue to dream, you know, I'll continue to be ambitious 358 00:19:07,240 --> 00:19:09,879 Speaker 1: and optimistic and all this stuff, but not at the 359 00:19:10,200 --> 00:19:13,280 Speaker 1: cost of anyone else. You know, I do not want 360 00:19:13,560 --> 00:19:16,920 Speaker 1: to be that person that's actively trying to get someone's 361 00:19:17,040 --> 00:19:19,800 Speaker 1: job or or whatever the case. Maybe I'm not saying 362 00:19:19,800 --> 00:19:21,960 Speaker 1: I'm not I can't even do that. I'm just saying 363 00:19:22,200 --> 00:19:25,000 Speaker 1: I'm not even putting myself in that position. But anytime 364 00:19:25,080 --> 00:19:26,960 Speaker 1: something comes up, I would love to just say I 365 00:19:27,000 --> 00:19:28,720 Speaker 1: would love for them to be like, hey, not you're 366 00:19:28,760 --> 00:19:30,720 Speaker 1: the head coach and I said, hey, guys, good, I 367 00:19:30,760 --> 00:19:32,439 Speaker 1: don't need anything from you. I got it all here 368 00:19:32,480 --> 00:19:36,880 Speaker 1: and you're just go on vacation. General managers, president's owners 369 00:19:37,359 --> 00:19:43,000 Speaker 1: go on vacation for two years. I got it. That's 370 00:19:43,760 --> 00:19:45,840 Speaker 1: but you know what, It's just I'm a character. I 371 00:19:46,000 --> 00:19:48,520 Speaker 1: love to have fun, you know, and you know sometimes 372 00:19:48,560 --> 00:19:50,080 Speaker 1: you know, I don't want it to come across the 373 00:19:50,119 --> 00:19:51,960 Speaker 1: wrong way. I do love to have fun. I like 374 00:19:52,080 --> 00:19:54,000 Speaker 1: to have a cup of coffee with it, because you're 375 00:19:54,040 --> 00:19:57,119 Speaker 1: my kind of guy. I like that. It's you know that. 376 00:19:58,000 --> 00:20:00,520 Speaker 1: See And I want to follow mena Santa for it 377 00:20:00,600 --> 00:20:04,960 Speaker 1: our test example, because I am Michael freel Bar and 378 00:20:05,160 --> 00:20:10,520 Speaker 1: that's that is. My wife's name was freel before. So 379 00:20:10,720 --> 00:20:13,840 Speaker 1: I'm following that for a while. Man, Metta, you are, 380 00:20:14,000 --> 00:20:16,560 Speaker 1: you are brilliant and you have a kind heart. Thank 381 00:20:16,640 --> 00:20:19,000 Speaker 1: you so much for joining us. Absolutely, thank you for 382 00:20:19,040 --> 00:20:21,720 Speaker 1: having me. Thank you. Meta is a pleasure talking to you. 383 00:20:22,080 --> 00:20:25,560 Speaker 1: This is the Bloomberg Business of Sports podcast. I'm Michael 384 00:20:25,600 --> 00:20:29,280 Speaker 1: Friel Bar along with Scarlet Food. Catch us here each 385 00:20:29,440 --> 00:20:32,040 Speaker 1: and every Monday, Wednesday and Thursday exploring the world of 386 00:20:32,080 --> 00:20:33,959 Speaker 1: money in sports. And catch me on Twitter with Dick 387 00:20:34,000 --> 00:20:36,520 Speaker 1: bar Sports. I'm Scarlett f You can catch me at 388 00:20:36,560 --> 00:20:39,159 Speaker 1: Scarlett fill on Twitter. You're listening to Bloomberg Business of 389 00:20:39,200 --> 00:20:42,040 Speaker 1: Sports on Bloomberg Radio around the world.