Michael Schreiber, venture partner at SeventySix Capital and founder of PlayFly Sports, joins host KJ to break down how college athletics is being rewritten from the inside out. He identifies three forces flipping the industry: a massive commercial gap between college and pro sports revenues, rule changes around transfers and athlete compensation through NIL, and a facilities arms race that demands new capital. The conversation covers how early-adopter schools leveraged NIL to punch above their weight, the technology transforming both on-court performance and the business of sports, and why bipartisan legislation is racing to bring guardrails to a chaotic marketplace. Schreiber also shares his perspective on why sports fandom is one of the few things people carry from childhood to the end of life, making sports a forever industry worth investing in.

Key Takeaways:

• 4:52 — What makes college sports bigger than most people realize?
• 8:00 — How wide is the commercial gap between college and pro sports?
• 9:23 — When did the rules around college athlete compensation finally change?
• 19:17  – Who were the early adopters capitalizing on the new college sports landscape?

Quote of the Show (36:03):
"If anybody's looking to get into an industry or looking to invest in an industry, invest in sports. It's forever." — Michael Schreiber

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Ways to connect with Michael Schreiber:
LinkedIn: http://www.linkedin.com/in/michael-schreiber-4b262a1

Company Website: https://www.seventysixcapital.com/

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