On this episode of The Bag, Lindsay & Rashad are joined by Justin Giangrade CEO of The Network Advisory, and business pioneer in the blossoming NIL collegiate sports era. Justin discusses the NCAA transfer portal, the real economics of NIL and how high school kids are being made millionaires. He also breaks down the sorts of investor collectives forming at top colleges, what schools get from the kids in exchange for payment, and what sorts of long term impacts we might expect in college sports.

<p>On this episode of The Bag, <a href="https://www.instagram.com/lindsaymccormicksports/">Lindsay</a> &amp; <a href="https://www.instagram.com/rashadjennings/">Rashad</a> are joined by <a href="https://www.instagram.com/jg.network/">Justin Giangrade</a> CEO of The Network Advisory, and business pioneer in the blossoming NIL collegiate sports era. Justin discusses the NCAA transfer portal, the real economics of NIL and how high school kids are being made millionaires. He also breaks down the sorts of investor collectives forming at top colleges, what schools get from the kids in exchange for payment, and what sorts of long term impacts we might expect in college sports.</p>

The global sports market is nearly half a trillion dollars. Streaming companies are spending billions on media rights. Sports betting is legal in a majority of US states. Athletes are entrepreneurs, investors, even team owners. Sports and money are more intertwined than ever, and it seems like there’s hardly a sports story out there without a business angle behind it. That’s why Sports Illustrated and iHeartRadio have teamed up with award-winning journalist Lindsay McCormick and former NFL running back Rashad Jennings to help make sense of all the dollars, NFTs, cryptos and contracts that make up modern sports. What are you waiting for? Get The Bag.

<p>The global sports market is nearly half a trillion dollars. Streaming companies are spending billions on media rights. Sports betting is legal in a majority of US states. Athletes are entrepreneurs, investors, even team owners. Sports and money are more intertwined than ever, and it seems like there’s hardly a sports story out there without a business angle behind it. That’s why Sports Illustrated and iHeartRadio have teamed up with award-winning journalist Lindsay McCormick and former NFL running back Rashad Jennings to help make sense of all the dollars, NFTs, cryptos and contracts that make up modern sports. What are you waiting for? Get The Bag.</p>

The Bag with Rashad Jennings and Lindsay McCormick

Portal 101 - High School Millionaires and the NIL Takeover of Sports with Justin Giangrande

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6f9e2abe-c600-4fbc-aa8d-af6300e9be1b/transcript

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