Sep 15, 2026 · 25 min · 15 segments
Jay Z famously stated: "I'm not a Businessman, I'm a Business, Man". True for today's athletes. Athletes aren’t just playing the game anymore. **They’re becoming the business.** In this episode of…
Atul PrasharHost
If I told you that Goldman Sachs, Silverlake, Amazon, Netflix, ESPN, Wondery, even PE firms around the world were all investing aggressively in the same exact trend, what would you guess that that trend is? A lot of you would say AI, cybersecurity, robotics.

What they're really looking at is investing in athletes, not because athletes can throw touchdowns or score 40 points or because they're celebrities.

They're investing because athletes have quietly become one of the most attractive media businesses on earth.

We keep hearing about athletes launching podcasts, athletes starting production companies and becoming investors, athletes signing enormous endorsement deals, and college athletes making more money through NIL.

Because this isn't really just a story about sports anymore, right? It's a story about ownership, IP, audience, economics, distribution, and capital, which conveniently are some of my favorite things to talk about.

If I told you that Goldman Sachs, Silverlake, Amazon, Netflix, ESPN, Wondery, even PE firms around the world were all investing aggressively in the same exact trend, what would you guess that that trend is? A lot of you would say AI, cybersecurity, robotics.

What they're really looking at is investing in athletes, not because athletes can throw touchdowns or score 40 points or because they're celebrities.

They're investing because athletes have quietly become one of the most attractive media businesses on earth.

We keep hearing about athletes launching podcasts, athletes starting production companies and becoming investors, athletes signing enormous endorsement deals, and college athletes making more money through NIL.

Because this isn't really just a story about sports anymore, right? It's a story about ownership, IP, audience, economics, distribution, and capital, which conveniently are some of my favorite things to talk about.
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