Money Players is all about being the best resource for the business of being a professional athlete. Here are some links from around the web that we think are must reads for any current or aspiring professional athlete and their families.
- Sports agent C. Lamont Smith talks to Sports Agent Blog’s Darren Heitner about his new venture, jocklife.com. According to Smith, “Jocklife.com is for athletes of all levels: high school, college, and professional. The whole gist of the Jocklife platform is to bring some balance and fairness to the coverage of athletes…give athletes the opportunity to define themselves. Today, athletes are really defined by the coverage they get and the stories written about them. Very few times do they have the opportunity to define themselves in an extended fashion.”
- Slam Magazine’s Lang Whitaker interviews NBA agents Lon Babby and Jim Tanner. Tanner and Babby are known in NBA circles for their fee structure (hourly rather than percentage based) that saves their clients a lot of money. They also are known as the agents that negotiated Josh Childress’ ground breaking deal with Greek professional team Olimpiacos.
- A nice piece by SI’s Kevin Armstrong on top high school basketball player Jordan Hamilton and his tight knit family. Hamilton’s mother mentions his intentions to sign a National Letter of Intent in the near future. Hopefully, she understands both the positives and the negatives of such a move.
- According to reports, Stephon Marbury has just spent $45 million to purchase a new private jet. Stephon has made a lot of money throughout his career (approximately $150 million), but this could turn out to be a purchase Steph will regret. Stephon probably has plans to lease the plane out when he is not utilizing it, but Scottie Pippen tried to do the same thing, and that didn’t end well for him. Stephon might want to put down the Bankruptcy Tonic and pick up a copy of .
- The Wall Street Journal with a report on how budget cuts in college athletic departments could hurt the U.S. in future Olympics.
- Another article on Baylor hiring the former AAU coach of top recruit John Wall. We first told you about this story in a previous set of Money Players Links.
-Nate Jones
For more in-depth information on the business of being a professional athlete, purchase , written by our own Marc Isenberg.
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