Trends with Benefits #122: The Business of Sports with Will Wilson
31 July 2024
Listen Time 32:30 MIN
While everyday people typically accrue wealth over time, athletes are in a unique situation, experiencing most of their earning potential early in their careers. This makes it even more important for them to protect their wealth. Will Wilson, Chief Corporate Development Officer, Global Sports and Sustainability, at Galway Holdings, talks about the business implications of sports and how these affect athletes. We explore whether sports are recession-proof, the benefits of Olympic sponsorships, and private equity investment in sports teams.
Show Notes:
02:55 Will’s background
06:22 Do Olympic athletes have agents?
09:03 Wealth management misperceptions among athletes
16:15 Will we see larger deals for professional athletes?
22:45 What’s next for Galway Holdings?
25:50 Why sponsors are the biggest “winners” of the Olympics
27:10 Long-term trend
29:30 Trend or fad
Trend or Fad
Listen for Will’s take on robot umpires, padel, sports betting apps, players betting, and underarm Botox.
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