Transcript
Should Athletes Receive Equity?
Ravi
The obvious question is sort of like, should athletes receive equity as part of their compensation? At the professional level or at the college level? Which one do you want to talk about?
Shane
Oh boy, professional.
Ravi
Great. So professional. The obvious answer that would endear me to lots of people, I think, who are athletes is "yes, obviously they should. They're the product, they're the talent, whatever." I just don't. I think the answer is certain guys should get some and most guys shouldn't get any would be my guess.
I think the reason for that is, if you take an NFL or NBA franchise right now, and you imagine that they're worth a certain amount of money when somebody buys it—let's say they're worth five to $10 billion when somebody buys it—the question is what are they going to be worth in the future? And how much of that is attributable to any one specific player.