Seven-time Tremendous Bowl champion Tom Brady is reportedly retiring after 22 NFL seasons

Tampa Bay Buccaneers quarterback Tom Brady (12) celebrates with the Vince Lombardi Trophy after beating the Kansas City Chiefs in Super Bowl LV at Raymond James Stadium.

Mark J. Rebilas | USA TODAY Sports | Reuters

Legendary quarterback Tom Brady is retiring from the sport after 22 seasons, ESPN reports Saturday.

Brady, a seven-time Super Bowl champion, has been widely expected to announce a decision for the upcoming season in the coming weeks. It’s not clear when Brady will make his retirement public.

Brady’s decision to retire had been based on several factors, including his family and health, ESPN reported, citing unnamed sources. During a recent episode of his podcast “Let’s Go,” Brady told co-host Jim Gray there is joy in “not playing football” and spending time with his family.

Brady, 44, left the New England Patriots in 2020 and signed with the Tampa Bay Buccaneers to take them to their first Super Bowl in 18 years. Brady became the oldest starting quarterback to win a Super Bowl ring at age 43.

Buccaneers executives and coaches had been bracing for Brady’s retirement in the past few weeks, ESPN reported. On his podcast, Brady had said there was “no rush” from the Bucs coaching staff and management in deciding whether to return to play.

After leaving the field last week following the Tampa Bay Buccaneers’ loss to the Los Angeles Rams, the sports outlet said Brady likely knew it was his last act in the sport. Brady has been against the idea of ​​a “farewell tour,” however, saying it could be “distracting.”

“I’m proud and satisfied with everything we accomplished this year,” he said about the Bucs season and his own performance. “I know when I give it my all, that’s something to be proud of. And I’ve literally given everything I had, this year, last year and the year before that.”

Read the full report from ESPN.

Tech, playing, alcohol helped NFL earn nearly $2 billion in sponsorships

The National Football League is nearing $2 billion in partnership fees, the most in professional sports.

Agreements from betting firms and technology companies helped the NFL lure a record $1.8 billion in sponsorship revenue, sports partnerships consultancy firm IEG told CNBC. The NFL’s figure is a 12% increase year-over-year from $1.62 billion it made in the 2020 season. It pulled $1.47 billion from sponsorships in the 2019 season.

Sports gambling companies, casinos, and lotteries saw the most significant spike in NFL sponsorship agreements. DraftKings, FanDuel, and Caesars became sportsbook partners in 2021 after the companies struck five-year pacts worth just under $1 billion combined. The NFL also landed secondary deals with BetMGM, WynnBet, FoxBet, and PointsBet.

Partnership deals with the NFL usually run from three to seven years and cost a minimum of $10 million per year for smaller companies. More prominent firms could pay more than $200 million per year.

FanDuel app

Andrew Harrer | Bloomberg | Getty Images

Verizon has one of the more prominent NFL deals and paid the league over $300 million annually. Last September, the communications company agreed to a new 10-year deal with the NFL and added 5G rights. But the new deal doesn’t include live streams of games, making it less valuable. That also means the NFL’s mobile rights are also up for grabs.

IEG’s estimates come days after the NFL produced one of its most memorable playoff weekends that included the thrilling overtime game between the Kansas City Chiefs and Buffalo Bills. That game Attracted over 42 million viewersthe highest divisional postseason game since 2017.

“It’s not coming from traditional places,” said Peter Laatz, IEG’s global managing director. “It’s coming from emerging categories. Not only are we seeing emerging talent on the field; we’re seeing emerging categories.”

Although gambling sponsorships saw the biggest increase in the NFL’s 2021 season, tech deals ranked first in absolute dollar figures for 2021, led by Microsoft. The tech giant has an on-the-field deal with the league, which uses Microsoft’s Surface tablet. That agreement is worth roughly $100 million per year, according to IEG data.

Gambling deals ranked second, and alcoholic beverage deals ranked third.

Last December, the NFL renewed its deal with Anheuser-Busch, which pays the NFL more than $250 million per year for beer and hard seltzer rights. The company lost control of hard alcohol rights, which Diageo took over for a reported $30 million per year.

The NFL put its wine and champagne rights up for auction but has yet to strike a partnership for that category.

“They’ve cut those categories (tech and alcohol) pretty fine,” said Laatz, calling the NFL’s sponsorship money a “runway revenue train.” He then projected the NFL would endure a “finer cutting of categories” in the future to grow deals in the US

NFL targets global revenue next

Although the NFL’s total sponsorship revenue increased significantly, the bulk of that growth went to league-wide sponsorships, which grew 23%. NFL clubs only took in 4% additional revenue in rights fees year-over-year.

To grow revenue streams for clubs, the NFL is taking a page from the National Basketball Association’s playbook and allowing teams to leverage international markets. Last month, the NFL permitted 18 teams to market their intellectual property in 26 territories, including Canada, Germany, Mexico and the United Kingdom.

But it could be a while before teams see real traction in that department.

There’s no doubt the NFL is dominant domestically, but American football isn’t a big draw overseas like the NBA. In addition, Canada and Australia already have established football leagues, so the NFL has serious competition.

Laatz said he’s “skeptical” of the NFL’s overseas plan, which the league labeled the “International Home Marketing Areas.” The NFL has tried to grow its product in London with its annual games, and Germany has shown interest in the NFL.

But those sporadic overseas games may not be enough to vault the NFL into international prominence loik the NBA.

“There’s a big difference between playing games internationally, which the NFL has clearly done, and having a prominent NFL footprint to grow the sport overseas,” Laatz said.

Still, to get a sense of the value a US-based sports club can earn from international deals: The Golden State Warriors – one of the most popular NBA teams abroad – agreed to a multi-year global rights sponsorship with crypto platform FTX for roughly $10 million total.

Laetz believes NFL teams’ deals could be even more lucrative.

A Bitcoin symbol on an advertisement at Mass Transit Railway station in Hong Kong, China, on Oct. 27, 2021.

Tyrone Siu | Reuters

Still waiting for crypto deals

Meanwhile, the NFL is taking a wait-and-see approach toward deals in the cryptocurrency space.

Last October, at the NFL’s owner meetings in New York, officials told CNBC that crypto-related deals are still being examined. Laatz called it the “sideline model” – as in, the NFL waits to see how other institutions maneuver.

“They’re careful about not getting into speculative arrangements that can cause backtracking,” said Laatz.

While the NFL stalls on crypto deals, companies are pouring millions into the NBA.

In addition to the FTX Warriors deal, crypto platform Coinbase agreed to a $192 million deal over four years with the NBA. On the team level, the Los Angeles Lakers landed a $700 million naming rights deal with Crypto.com. And the Portland Trail Blazers landed the NBA’s first crypto jersey patch deal.

Outside basketball, Major League Baseball added a crypto patch agreement for its umpires, and individual NFL players like Tom Brady are also striking crypto deals.

But Laetz says the delay won’t really matter, given the NFL’s ample revenue growth. “The thing they are leaving on the table right now is risk.”

The Closing Phrase: Browns reply in model, Jags shock the world! | NFL Information

One of the most dramatic news weeks in recent NFL history was capped by a batch of Sunday games that were equally stunning, entertaining and unpredictable.

Underdogs rose up across the league in Week Nine, including the Tennessee Titans. Their 6-2 record going into their game in Los Angeles showed they were no mugs, but few were giving them a chance against the 7-1 Rams. And that’s where this column begins…

Five Major Takeaways from Week Nine

1) Titans win another way

The Tennessee Titans had not won a football game without a guy called Derrick Henry in the line-up since 2015. But they had to enter a dragon’s den of sorts in Los Angeles on Sunday Night Football and find a way to slay the fire-breathing Rams. And most of us expected the pattern to be the same if the Titans were to find a way to win.

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Brian Baldinger reacts to the news that the Tennessee Titans will be without star running back Derrick Henry for several weeks due to a broken foot

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We expected the Titans to stick with the running game, only this time behind 36-year-old veteran Adrian Peterson, and throw play-action passes off that; giving quarterback Ryan Tannehill easier looks in the passing game.

But the Titans only rushed for 69 yards as a team (their leading rusher was D’Onta Foreman with 29) and Tannehill threw for 143 yards, one touchdown and one interception. Yet Tennessee won 28-16 and it was their defense that was the driving force.

Highlights of the Tennessee Titans against the Los Angeles Rams in Week Nine of the NFL

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Highlights of the Tennessee Titans against the Los Angeles Rams in Week Nine of the NFL

Jeffery Simmons and Denico Autry combined for four-and-a-half sacks of Matthew Stafford, and David Long and Kevin Byard pounced for two game-changing interceptions in 26 first-half seconds. Good teams find a way to win and these Titans are well-coached, resilient and more than just good.

2) Jaguars shock the world!

The Jacksonville Jaguars’ 9-6 win over the Buffalo Bills on Sunday afternoon is why the NFL actually play the games and don’t just run computer simulations based on prior form and current strength of the teams. The computer would most definitely have said “no” when asked if Jacksonville could win in Week Nine.

Jacksonville Jaguars head coach Urban Meyer and quarterback Trevor Lawrence celebrate after beating the Buffalo Bills

Jacksonville Jaguars head coach Urban Meyer and quarterback Trevor Lawrence celebrate after beating the Buffalo Bills

Buffalo came into this contest as the number one scoring team in the league, averaging 32 points per game. Jacksonville were ranked 28th in points allowed, giving up 29 per game. It was not a rosy picture for Urban Meyer’s team.

But they did what so many defenses are doing this year. They took away the big play from Buffalo quarterback Josh Allen and forced him to be patient when moving the ball down the field. That requires discipline and Allen failed on that front, throwing two interceptions and losing a fumble. Two of those turnovers came from Jaguars defensive end Josh Allen, who also had a sack. He took the whole ‘Josh Allen’ thing personally on Sunday, that’s for sure!

Jacksonville Jaguars linebacker Josh Allen registered a hat-trick of a sack, an interception and a fumble recovery against his namesake, Josh Allen, the Buffalo Bills quarterback

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Jacksonville Jaguars linebacker Josh Allen registered a hat-trick of a sack, an interception and a fumble recovery against his namesake, Josh Allen, the Buffalo Bills quarterback

3) Denver beat Dallas with ease

Who was giving the Denver Broncos a chance to beat the Cowboys in Dallas on Sunday? Not me, that’s for certain. Dak Prescott was back at quarterback for ‘America’s Team’ and Mike McCarthy’s side had not lost since opening night in Tampa Bay.

Nobody told Vic Fangio that his Broncos didn’t have a shot though and the wily coach dialled up a defensive game plan that kept the Cowboys – and Prescott in particular – on their heels all night long. What was most surprising about this 30-16 win is that it wasn’t even close. Denver were up 30-0 with six minutes remaining before Dallas picked up a couple of consolation touchdowns.

Watch Denver Broncos quarterback Teddy Bridgewater's 44-yard touchdown pass to wide receiver Tim Patrick against the Dallas Cowboys

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Watch Denver Broncos quarterback Teddy Bridgewater’s 44-yard touchdown pass to wide receiver Tim Patrick against the Dallas Cowboys

This was a complete team win for the Broncos. The defense sacked Prescott twice and picked him off once. Teddy Bridgewater, meanwhile, threw for a tidy 249 yards and one touchdown and Denver rushed for 190 yards and two scores.

As I watched this one unfold, I kept wondering when Dallas would fight back and they simply never did. Stunning.

4) Cardinals send a message

There was quite a major bump in the road being travelled by the Arizona Cardinals on Sunday. They were coming off their first loss of the season and heading to play a division rival with star quarterback Kyler Murray and wide receiver DeAndre Hopkins out injured.

Some Arizona Cardinals trickery led to a 33-yard touchdown pass from wide receiver Christian Kirk against the San Francisco 49ers

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Some Arizona Cardinals trickery led to a 33-yard touchdown pass from wide receiver Christian Kirk against the San Francisco 49ers

Early in the contest against the San Francisco 49ers, the Cards suffered further adversity when running back Chase Edmonds went down with a high ankle sprain. They didn’t miss a beat though behind the neat passing of veteran backup QB Colt McCoy and the playmaking versatility of James Conner, who touched the ball 26 times for 173 yards and three touchdowns, giving him a league-leading 11 on the season.

Arizona romped to a 31-17 victory that was largely comfortable. To do that without your two best players is mightily impressive. This team is now back at the top of the NFC seedings and with only two teams with winning records (Rams and Cowboys) remaining on their schedule, the Cards are in great shape to make a run.

Arizona Cardinals running back Eno Benjamin trucks over San Francisco 49ers cornerback Dre Kirkpatrick on a 21-yard touchdown run

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Arizona Cardinals running back Eno Benjamin trucks over San Francisco 49ers cornerback Dre Kirkpatrick on a 21-yard touchdown run

5) Browns respond!

The Cleveland Browns had endured a tumultuous week by the time they stepped onto the field to face the Cincinnati Bengals in the ‘Battle of Ohio’ on Sunday. The fallout between quarterback Baker Mayfield and star wide receiver Odell Beckham Jr. escalated to the point where OBJ is now no longer on the team.

How would the Browns respond? There would have been Baker guys and Odell guys in their locker room, so would we see a divided team in a key game against the Bengals? Well, it certainly looked like 53 guys pulling in the same direction as Cleveland registered an emphatic 41-16 win.

Cleveland Browns running back Nick Chubb torches the Cincinnati Bengals defense on this 70-yard touchdown run

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Cleveland Browns running back Nick Chubb torches the Cincinnati Bengals defense on this 70-yard touchdown run

Baker was rock solid in throwing for 218 yards and two touchdowns but the real stars of the night were on the defensive side of the ball. Led by Myles Garrett, the Browns recorded five sacks of Joe Burrow. On the back end, the secondary came up with two interceptions and forced a fumble while holding the dangerous Ja’Marr Chase to just six receptions for 49 yards.

Player of the Week: Jeffery Simmons

Jeffery Simmons takes down Los Angeles Rams quarterback Matthew Stafford during his dominant display on Sunday night

Jeffery Simmons takes down Los Angeles Rams quarterback Matthew Stafford during his dominant display on Sunday night

With Aaron Donald watching on from the other sideline, Tennessee’s own dominant interior defensive lineman turned in a display that number 99 would have been proud of.

Jeffery Simmons recorded three sacks, four quarterback hits and three tackles for losses for the Titans in their win over the Rams. He also provided the pressure up the middle for Matthew Stafford’s interception, thrown from his own endzone, that gifted Tennessee a short field for the first touchdown of the game.

That was as disruptive a pass-rushing performance as I have seen in the NFL this season and if it hadn’t been such a disappointing night for the Rams, Donald might even have nodded in approval.

Play of the Week

Cleveland Browns cornerback Denzel Ward picks off Joe Burrow and returns it for a 99-yard touchdown against the Cincinnati Bengals

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Cleveland Browns cornerback Denzel Ward picks off Joe Burrow and returns it for a 99-yard touchdown against the Cincinnati Bengals

The Bengals made a very positive start to their contest with Cleveland, marching down the field on 10 plays to set up a 3rd-and-Goal from the three-yard line. The 11th play could very well have been a Cincinnati touchdown as Joe Burrow fired in the direction of Chase on an out route near the goal line. Instead, the Browns grabbed the momentum that would never be relinquished as Denzel Ward – who was excellent the entire game – jumped the pass, intercepted Burrow and raced 99 yards for the touchdown. It was a 14-point swing and the Browns never looked back!

Coach of the Week: Bill Belichick

Bill Belichick has masterminded a New England Patriots win streak that has them again hunting for a playoff spot in the AFC

Bill Belichick has masterminded a New England Patriots win streak that has them again hunting for a playoff spot in the AFC

We tend to give coaching awards to everyone but Bill Belichick because his greatness is already assumed. But let’s give a nod to the GOAT here who has led the New England Patriots to three-straight wins and victories in four of their last five. They are now breathing down Buffalo’s neck in the AFC East.

Belichick loves facing young quarterbacks and Sam Darnold was the latest target, who threw three interceptions for the Carolina Panthers in Sunday’s 24-6 beating. His team is not flashy, nor loaded with elite talent across the board, but they have played themselves into form and into the playoff picture.

New England confound quarterbacks on a weekly basis and they know how to go and get the football. On offense, they run the ball well behind a physical line and rookie quarterback Mac Jones is improving. Belichick deserves a load of credit for getting this team into a competitive state.

On my Radar

Cincinnati Bengals star rookie receiver Ja'Marr Chase has been slowed the last couple of weeks in back-to-back losses

Cincinnati Bengals star rookie receiver Ja’Marr Chase has been slowed the last couple of weeks in back-to-back losses

The early-season form of Cincinnati rookie wide receiver Chase was historic and fun to watch. But he has been shut down in the last two weeks as defenses put greater emphasis on removing him from Cincinnati’s attack.

The Bengals are still going his way as Chase has been targeted 22 times in defeats to the New York Jets and the Browns, yet he has only caught nine passes for 81 yards and one touchdown. All three Bengals turnovers on Sunday involved Chase – he was targeted on the two interceptions and also lost a fumble.

I refuse to believe Chase has hit the dreaded rookie wall already, so how will he respond? This is not only going to be key for his development, Cincinnati’s fight for a playoff berth is going to depend on getting their star man going again.

Join Neil Reynolds and guests for Inside The Huddle, every Tuesday from 9pm on Sky Sports NFL for a look back on the best of the weekend’s NFL action.

Athletes First reps lead company checklist with $2 billion in NFL contracts

Josh Allen # 17 of the Buffalo Bills throws a pass against the Pittsburgh Steelers in the first half at Highmark Stadium on September 12, 2021 in Orchard Park, New York.

Bryan M. Bennett | Getty Images

Athletes First is the top sports agency with around $ 2 billion in contracts for 75 active professional footballers, according to a new study of high-earning agents among well-known and accredited National Football League player representatives.

Athlete’s first agent Todd France tops the list, with around $ 1.19 billion in contracts negotiated between 33 active NFL players. David Mulugheta is also on the list with 42 NFL players and $ 830 million in deals. Together, the two have negotiated just over $ 2 billion in active agreements for Athletes First.

The winning data was compiled by the digital sports betting platform Pickswise in cooperation with the global marketing agency ICS-digital. The companies used active NFL player contract information through Spotrac.com, which collects data on teams and player contracts. The study only collected deals from high profile reps and finds that NFL agents receive up to 3% commission on NFL deals. Using this percentage, France has estimated that more than $ 35 million was earned from active contracts.

Athletes First has negotiated over $ 4 billion in sports contracts, earning approximately $ 85 million in commissions Forbes. But this earnings study did not include contracts for players who were retiring or terminated, nor contracts that have expired.

One of the most famous active NFL deals is Buffalo Bills quarterback Josh Allen, who signed a six-year deal for $ 258 million last month. Allen’s average annual contract value is $ 43 million per season, ranking second only to Patrick Mahomes, quarterback for the Kansas City Chiefs. The Chiefs star signed a 10 year old $ 450 million deal with an average annual value of $ 45 million per season.

Dallas Cowboys quarterback Dak Prescott also used Athletes First to secure his $ 160 million four-year deal. Prescott has chosen to sign a shorter-term contract that will allow him to benefit from a higher salary cap upon his re-entry as the NFL’s $ 100 billion media rights deal will add to the league’s total revenue. The current NFL media deal helped the teams raise approximately $ 309 million each.

The NFL is a high risk of injury sport and most teams do not guarantee player contracts due to the high injury rate. Agents are pushing back on it by seeking as much guaranteed money as possible, including signing bonuses.

If you just take guaranteed money into account, Allen’s deal at $ 150 million is the highest in the NFL. Mahomes’ deal includes a guaranteed $ 141 million, and Prescott ranks third with $ 126 million.

Tom Condon from the high-performing Creative Artists Agency has Allen as a client after taking over for France left CAA in 2020. Condon ranks second in the results study with 24 active NFL players and around $ 954 million in contracts. His commission from the agreements is approximately $ 28 million and the client list includes Atlanta Falcons Quarterback Matt Ryan.

Mulugheta ranks third with $ 24 million in commissions, including the deal he negotiated for Houston Texans quarterback Deshaun Watson, a four-year contract valued at $ 156 million -Dollars guaranteed).

Up-and-coming agents who aren’t in the top ten include Zeke Sandhu of Elite Athlete Management and Wasserman’s Doug Hendrickson ($ 10 million in commissions) and Chafie Fields (around $ 5 million in commissions) of $ 158 million active deals.

Fields recently Pittsburgh Steelers star added JuJu Smith-Schuster and negotiated a $ 100 million deal for Cowboys Wideout-Amari Cooper deal. Cooper’s deal is the highest in the NFL for a wide receiver.

This article has been updated to reflect Josh Allen’s current agency.

NFL star Alvin Kamara switches brokers, leaving powerhouse Klutch Sports activities Group

Alvin Kamara # 41 of the New Orleans Saints runs the ball during a game against the Tennessee Titans at Nissan Stadium on December 22, 2019 in Nashville, Tennessee.

Wesley Hitt | Getty Images

The running back of the National Football League, Alvin Kamara, has changed agents again.

The New Orleans Saints star left powerhouse agency Klutch Sports Group – home of National Basketball Association superstar LeBron James – and worked with Atlanta-based Quality Control Sports Management. According to NFL Players Association guidelines, players who change agents must notify the union by letter and wait five business days before the transaction is official.

On your website, Quality control offers Kamara and other NFL players. Los Angeles Rams Wideout DeSean Jackson is part of the company’s stable after taking over Terra Firma Sports Management Last June. Kamara had relationships with quality control officials prior to joining the NFL in 2017.

Quality Control also represents major league baseball players and is a music industry powerhouse with a history of managing global artists including Cardi B and hip hop group Migos.

Kamara, 26, is under contract with the Saints until at least 2025 after she approves five years, $ 75 million complete in September last year. The deal has been negotiated, but Klutch is the second highest contract in the NFL among running backs, just behind Ezekiel Elliott of the Dallas Cowboys, who has a $ 90 million deal.

Klutch landed Kamara in 2020 after the agency bought Revolution Sports to help launch their Football department. Kamara was represented by Klutch agent Damarius Bilbo, and the company is led by prominent NBA agent Rich Paul, who serves as the company’s CEO. Klutch operates under the entertainment company United Talent Agency after investing in 2019.

New Orleans Saints running back Alvin Kamara

Chris Graythen | Getty Images Sports | Getty Images

Paul is one of the most influential agents in the NBA, especially since he represents the game’s biggest star, James. He also represents top players like Los Angeles Lakers forward Anthony Davis, Atlanta Hawks star Trae Young, Draymond Green of the Golden State Warriors and most recently Chicago Bulls security guard Zach LaVine, who had a breakout season Has.

Klutch was founded in 2012 and has now raised more than $ 1 billion in contracts under management. But the agency is also under fire from a former client who accuses negligence.

Last month the New York Knicks Center filed a lawsuit against Nerlens Noel against Paul and Klutch, claims he lost $ 58 million in profit after joining the agency in 2017. After failing to land a lucrative NBA contract, Noel left Klutch last year.

The agency is also in the headlines as it represents Philadelphia 76ers star Ben Simmons, the subject of trade rumors after falling out of favor with the franchise. CNBC reached out to Paul on Friday for comment, but he didn’t respond until this article was published.

Kamara stormed for 3,340 yards and 43 touchdowns in 60 career games with the Saints. In its fifth season, Kamara is the biggest star in the franchise after Drew Brees’ retirement. The Saints start their 2021 season against the Green Bay Packers on Sunday.

The article has been updated to reflect Kamara’s previous relationship with quality control and to list his direct representative during his time at Klutch.

NFL star Saquon Barkley will settle for all future endorsement cash in bitcoin

Saquon Barkley relies on Bitcoin all
BTCUSD, + 0.48%.

The returning star of the New York Giants claimed on “The best business show“That he accepts all future marketing and advertising contracts he signs in Bitcoin.

“You see inflation and you see how high it is right now, and you learn that you cannot save your fortune,” Barkley said. “That’s why I’m going to take my marketing money in Bitcoin.”

See also: Bond King Jeff Gundlach says there’s a simple reason why government bond yields are so low despite rising inflation

Barkley, 24, says he will use the Strike crypto app for future bitcoin payments, adding that like well-known athletic investors, he wants to build “generational wealth” outside of the field Kevin Durant and Tom Brady.

Barkley has an impressive advertising portfolio with companies like Dunkin ‘Donuts, Nike. built up
OF, -1.11%,
Pepsi
PEP, + 0.24%,
Toyota
TM, -0.53%,
Visa
V, -0.10%
and Hulu – and he admitted during his interview that his annual advertising income is over $ 10 million.

See also: “We All Stopped”: Burger King Sign Goes Viral As Employees Leave

Barkley currently has one 4-year contract for $ 31.2 million with the Giants, which ends after the 2022 season.

And the running back isn’t the only athlete interested in Bitcoin and other cryptocurrencies. In 2020, Carolina Panther’s offensive tackle Russell Okung announced that he would convert half of his $ 13 million salary into bitcoin NFL draft pick Trevor Lawrence signed a contract with the crypto portfolio app Blockfolio and was paid for in a mix of Bitcoin, Ethereum
ETHUSD, -0.82%,
and Solana. Even Super Bowl champion and MVP Patrick Mahomes seems to be interested in cryptocurrencies.

Free agent NFL tight-end Sean Culkin told MarketWatch earlier this year that he will convert his entire NFL salary into bitcoin in 2021 because he was worried about falling and going broke like some other professional athletes.

“Everyone was broke not long ago,” Culkin told MarketWatch on the way home from off-season training sessions. “I see this new world starting to grow with crypto. I see it as gold
GC00, -0.98%,
digital gold, but better. “

NFL agent Andy Simms strikes on from Younger Cash, will get again to working his personal company

Andy Simms has spent most of his career as an NFL agent running his own agency.

The Hawken High School graduate and resident of Solon is doing just that again after he and four of his colleagues parted ways with Young Money and formed APAA Sports 1 of 1 agency.

Young Money, owned by renowned rapper Lil Wayne, acquired a majority stake in PlayersRep Sports Management in 2017. PlayersRep, which Simms co-founded with Wesley Spencer, had been in the business since 1999. Then Simms’ first client, former NFL defender Chike Okeafor, became about to graduate from Fall Western Reserve University’s law school.

In early 2018, after Simms and five other PlayersRep agents partnered with Young Money, Simms told Crain’s that “the ability to build our clients’ brands” was a primary reason for the move. However, the past few years have encouraged Simms that his group had to be in charge.

“There were things that were great, but there were things that we realized we could do better,” said Simms of his time at Young Money. “Ultimately, I knew that in order to build a company for the next 10 years we were looking ahead, building it our way, doing things the way we needed to, and being in control of all these aspects of our business, really is what we need back to. “

Six agents switched from PlayersRep to Young Money. Five – Simms, Spencer, Ken Sarnoff, Cody Recchion and Dave Lee – will continue to represent the 50 NFL players who move from Young Money to 1 of 1. Nicole Lynn, who was also part of the PlayersRep and Young Money teams, left Wayne’s company shortly before the NFL draft to join Klutch Sports as the agency’s new president of the agency’s football operations.

Marketing and branding the athletes they represent – crucial elements that led to the young money deal – are still important areas that need improvement, Simms said.

“At 1 in 1, we were able to assemble a team with more in-house marketing options, more digital graphics, and more off-field opportunities to help players in so many different ways that we weren’t equipped to do.” do either as PlayersRep or as Young Money, “said Simms.

The great thing about the new agency is that all the athletes have moved with the five agents.

The group includes Jalen Hurts, a sophomore quarterback who could be the Philadelphia Eagles’ future in that position; Lane Johnson, three-time Pro Bowl tackle for the Eagles; the McCourty twins Devin and Jason; Pro Bowl tight end Darren Waller; outstanding wide receiver Tyler Boyd; Kansas City Chiefs Speedster Mecole Hardman; and Chiefs Defensive Lineman Jarran Reed.

“Business was good before Young Money, it was good when we were with Young Money, and now that we’ve moved on from Young Money, it’s getting even better,” said Simms. “The business of what we do as agents – how we look after the players, how we deal with the contracts, how we meet all of the needs of the players off the field – that’s just something we have to keep improving at, we’re coming Ahead.”

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Cash recommendation NFL star Jimmy Garoppolo bought from his dad

San Francisco 49ers quarterback Jimmy Garoppolo is future with the NFL According to reports in the balance after him Angular loads suffered throughout the 2020 season and since his team designed a new rookie quarterback. But at 29, Garoppolo has already had a lot of success.

In addition to winning two Super Bowl rings as a backup quarterback with the New England Patriots, in 2018 Garoppolo made big news when he signed one Five-year contract for $ 137.5 million with the 49ers.

But Garoppolo’s father Tony, who retired after 40 years as an electrician, gave him some simple but important money advice early on.

“Save your money. Don’t be stupid about it,” says Tony Garoppolo, who taught his son.

On Tuesday, Garoppolo teamed up with his father to take part National Signing Day With SkillsUSA and Home Depot this encourages high school graduates to pursue careers in the craft.

“In my opinion [Jimmy] has a good feel for [his money] and he has good people around him and he’s not stupid about it, “says Tony.

Garoppolo, on the other hand, describes himself as both a donor and a saver.

“I’m a donor, but for the most part I’d say I’m a saver. I’m looking for more long-term than short-term,” Garoppolo told CNBC Make It.

When it comes to investing, Garoppolo says finances aren’t really his strongThat’s why he makes sure he surrounds himself with the right people who will help him make good investment decisions.

“I relied heavily on them to point me in the right direction and show me the ropes,” he says.

“I still literally learn about it every day,” he says. “But for the most part just the slow and steady convergence [to investing] – ‘Make your money work for you’ is the best I’ve ever heard. “

Garoppolo says he’s also intrigued by cryptocurrency. “I’m not currently invested in anything, I’m trying to find out which one I want [invest in]”, He says.” I know I’m late for the game. “

Garoppolo says a lot of his teammates own crypto, and he’s heard almost every pitch you can think of. But “[I’m] I’m still learning about it, “he says.

As for NFTswho have become increasingly popular and profitable in sports memorabilia“They’re still a bit confusing to me,” he says.

In addition to providing advice on money, Garoppolo learned from his father what he calls the “Blue Collar Mindset”. That includes working hard and staying “cool”.

“Especially as a quarterback you have to … stay cool,” says Garoppolo.

“I saw almost everything that could be seen [in my football career]”says Garoppolo – for example, right after signing this major contract, his 2018 season ended prematurely thanks to a tear ACL.

“I’m sure there will be something new tomorrow,” he says. So “you just have to roll with the punches and enjoy the moment while you’re there.”

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First spherical of the 2021 NFL Draft attracted 12.6 million viewers

NFL Commissioner Roger Goodell announces Kwity Paye as the 21st selection of the Indianapolis Colts during the first round of the 2021 NFL draft at the Great Lakes Science Center in Cleveland, Ohio. (Photo by Gregory Shamus / Getty Images)

Gregory Shamus | Getty Images Sports | Getty Images

The National Football League’s opening night for its annual draft event drew an average of 12.6 million viewers across three networks, including ESPN and ABC.

It didn’t beat last year’s all-time high of 15.5 million viewers, but it’s up 11 percent from the 2019 draft (11.4 million). Before last year, the all-time high in 2014 was 12.4 million viewers. The 2020 NFL Draft was a purely virtual event due to Covid-19.

The Jacksonville Jaguars drafted ex-Clemson quarterback Trevor Lawrence with the first overall pick of 2021, followed by the New York Jets who took BYU’s Zach Wilson. A total of five quarterbacks and 18 offensive players were selected in the first round. It’s the most since teams drafted 19 offensive players in 2009.

This year’s draft reverted to a live event format for public reasons in Cleveland. A vaccinated Roger Gooddell hugged players who were drafted, and the NFL commissioner was also accompanied by a fan on stage for each selection.

Las Vegas is selected to host the NFL draft in 2022. The draft of the event was originally scheduled in the city last April but has been canceled due to the pandemic.

Ja’Marr Chase, Trey Lance, Kyle Pitts and Rashawn Slater stand on stage ahead of the start of the first round of the 2021 NFL draft at the Great Lakes Science Center in Cleveland, Ohio.

Gregory Shamus | Getty Images Sports | Getty Images

The draft for 2021 continues on Friday with rounds two and three. The remaining rounds (four to seven) are planned for Saturday. The draft will be televised Disney Features ABC and ESPN and the league’s own NFL network.

NFL draft: Cleveland soccer followers have leisure aplenty

CLEVELAND – The FirstEnergy Stadium was as good as empty on Wednesday afternoon. No fans. No soccer players. Just a touch of moisture under the Cleveland sun.

But next Thursday it will be full – um, COVID-19 capacity anyway – and fans will turn into soccer players.

If only for a weekend.

The NFL opened FirstEnergy Stadium on Thursday as part of their Draft Experience for football fans. Those participating in the NFL Draft will have the opportunity to throw passes, score field goals, and roam the stadium’s natural grass.

Children can participate in exercises under the guidance of NFL staff. Fans can also watch the design from the seats in the stadium.

The coverage of the jumbotrons in the stands in each end zone will be televised.

The draft starts on Thursday at 5:00 p.m.

“We are very excited. It’s a great privilege to use this field, ”said Nicki Ewell, NFL events director, as he presented the draft experience to reporters on Wednesday morning.

Of course, the Draft Experience, which will be released again in Las Vegas next year, goes beyond the confines of FirstEnergy Stadium.

Football fans can do the 40-yard dash alongside digital renders of Tennessee Titans with Derrick Henry and New York Giants with Saquon Barkley, two of the league’s best and most marketable players.

Train visitors can test their vertical jump and also browse the NFL “locker room”, a tented area displaying memorabilia from a player from all 32 teams. Raiders quarterback Derek Carr has featured his jerseys prominently in a glass case that also includes shoulder pads, studs, and a helmet similar to the one he wears on Sundays.

Concessions are available and the tables are securely set up and next to another hill across from the stadium. Each of the three nights ends with a live concert – the Kings of Leon on Thursday, the Black Pumas on Friday, and the Cleveland-born machine gun Kelly on Saturday.

The entire Draft Experience is located next to the NFL Draft Theater on the shores of Lake Erie, where tomorrow’s stars will greet NFL Commissioner Roger Goodell. The iconic Rock and Roll Hall of Fame is within walking distance, and Ewell said the NFL intends to showcase the landmarks of the cities where the NFL draft is taking place.

“We really pay homage,” she said. “There have been very different iterations of what we’re going to do here in Cleveland, and this is one of the ones we came up with. … We want to make sure we have as much space as possible to receive as many fans as possible. “

The NFL expects up to 50,000 fans to attend design festivals each day. Ewell said FirstEnergy Stadium in particular is the largest Cleveland campus available to the NFL.

Bad weather is a possibility on Thursday nights, but the Draft Experience is structured to work regardless of the conditions.

Ewell said Cleveland’s passionate, loyal fan base was the main reason the NFL decided to bring the draft to Cleveland. The city is unlikely to ever host a Super Bowl, she said, but it’s more than worth hosting the draft and could be an option in the future too.

Brown’s fan or not, there’s something here to appeal to every single fan making their way to FirstEnergy Stadium. The Draft Experience is free, although fans wishing to participate in stadium activities must pre-register using the NFL’s OnePass application.

“The draft is a celebration for all 32 (teams) who are sure to nod the Cleveland Browns and the Dawg Pound,” said Ewell. “But all 32 are here.”

Contact reporter Sam Gordon at sgordon@reviewjournal.com. consequences @ BySamGordon on twitter.