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Athletes are leaning further into content creation to build a sturdy brand. While sports is a bridge between athletes and fans, content creation is another avenue that can further enhance the relationship. Now, more and more players are leaning into this in various ways to give fans a closer look into their lifestyles and interest. At the 2025 NAB Show (National Association of Broadcasters) held in Vegas, NV, PlayersTV Co-Founder Collin Castellaw was among the leaders gathered for a panel titled “Empowering Athletes: The Rise of Player-Owned Media in the NIL Era,” moderated by journalist Chris Smith on Tuesday, April 8, 2025. PlayersTV As AFROTECH™ previously told you, PlayersTV, established in 2020, is the first athlete-owned media network and content provider. It is currently backed by players that include Chris Paul, Kyrie Irving, Travis Kelce, Dwyane Wade, Carmelo Anthony, and Damian Lillard. The media network currently has nearly 70 professional athletes as owners, investors ,...
Former NFL player Marques Colston is making it easier for other athletes to enter the investment space. Drafted into the NFL in 2006 by the New Orleans Saints, Colston had a playing career that spanned more than 10 seasons and included securing a Super Bowl ring in 2010. He earned over $40 million throughout his time in the NFL, per Spotrac. Colston’s NFL career ended in 2015 when he was released by the Saints due to injury, according to the team’s webpage. Champion Venture Partners Today, Colston is still involved with athletes but in a new light. He is the founding partner in Champion Venture Partners, alongside former professional mixed martial arts (MMA) athlete Nick Edwards. The North Dakota-based private equity firm, established in 2024, is making “growth alternative asset investments” accessible to all, according to the firm’s website. “A lot of our team are former athletes, and what you see is there’s a really short time horizon on your athletic career where you have your...
If you’ve grown up in the digital age , you likely have some understanding of how unreliable information spreads across the net. Millennials far and wide have been inundated with enough YouTube troll comments, Nigerian prince emails and “free iPhone” pop-ups to build a healthy skepticism of internet browsing. Now, it seems that this learning curve has become a perennial part of growing up, as Gen Z and Gen Alpha are surmising that social media apps like TikTok are rife with terrible financial advice. New studies from researchers at Intuit Credit Karma estimate that over 77 percent of Gen Z kids are looking to influencers on the short-form video app for money management, while roughly 61 percent of millennials are doing the same on YouTube and Facebook . In order to understand just how damaging these financial words of wisdom can be to a growing audience of youngsters, lets take a moment to briefly run through the data, and see exactly where young people are being led astray. After...
In an era of rising costs and increasing financial awareness , many people are turning to the “ no-buy year ” as a strategy to take control of their spending habits. This trend challenges individuals to commit to purchasing only essentials for an entire year. By eliminating non-essential spending, participants aim to build savings, reduce waste and cultivate a more mindful approach to consumption. However, the specific rules of a no-buy year vary from person to person, making it a flexible yet disciplined approach to financial wellness. A no-buy year is not about deprivation—it’s about intentional spending. The goal is to break the cycle of impulse purchases, reassess financial priorities and learn to appreciate what you already own. Whether you’re looking to save for a major goal, minimize clutter or simply gain a deeper understanding of your relationship with money, setting clear guidelines is essential for success. How A No-Buy Year Works At its core, a no-buy year revolves...
GloRilla had to take control of her spending after her first hit single took off. In 2022, the Memphis, TN-born artist, born Gloria Hallelujah Woods, found success with the release of her single “F.N.F. (Let’s Go),” produced by Hitkidd. ”It didn’t take the song long to blow up. It blew up in like three days,” she said during an interview on “The Shop” podcast. “So, I was just traveling the world like two days after I dropped that song ‘cause all the labels were calling me everywhere. So yeah, my life changed, changed right after I dropped that song.” Her newfound fame came with some learning curves, such as keeping her spending habits in check. During the interview, she notes that she shifted her mindset with spending when rap-artist-turned-music-executive Yo Gotti intervened and suggested she hire an accountant. “My first year I blew up, this was before I got an accountant. I was just spending money, and I’m like, ‘Okay, I’m getting it. I’m making it but I’m spending it too,'” she...
In his 2017 song, “Legacy,” Jay-Z said, “Generational wealth, that’s the key. My parents don’t have sh-t, so that shift started with me.” This concept, adopted by many people, has been the foundation for helping secure the economic stability of their families. Among those who created that shift, as Jay-Z described, is Terry Crews. Terry Crews, a former NFL player, current television host, and actor, has achieved remarkable success across various industries. However, career has always been intertwined with Terry’s family, a testament to his strong values. The 55-year-old has been transparent about his financial troubles, and his wife’s admonishment helped him realize he needed to shift his pride aside and focus on making an income that would benefit the Crews household. View this post on Instagram A post shared by Terry Crews (@terrycrews) “After retiring from the NFL, I struggled to get to the next level where I wanted to be,” the actor told Variety. “ I tried and failed many times...
Do you ever feel like you’re drowning in debt, even though your bank account tells a different story? Are you constantly chasing the next promotion or a sense of financial security? If so, you might be struggling with money dysmorphia. Just as body dysmorphia warps our perception of our physical appearance, money dysmorphia can create a skewed view of your financial reality. You may get jealous when you see someone posting on Instagram about their vacation or new car. LinkedIn exists to give you the impression that your career potential is much greater. This lesser-known condition isn’t about how much money you have but rather a distorted perception of your financial reality that can lead to stress, anxiety, and unhealthy financial behaviors. Let’s delve into the world of money dysmorphia, exploring its symptoms, root causes, and, most importantly, how to break free from its grip and cultivate a healthy relationship with your finances. What Is Money Dysmorphia? Money dysmorphia or...
In 2006, Yo Gotti released “That’s What’s Up (Intro),” and many from the rapper’s hometown of Memphis, TN, consider it a cultural anthem. The song sets up an open letter to his fans and haters, describing who he is, what he’s been through, and his current and impending impact at the time. Words in the opening lines serve as a preamble and manifest the upward trajectory of Yo Gotti’s success. “…Tha streets been beggin’, so I had to go ‘Back 2 Da Basics.’ This the intro to my life, entry to my world.” Although this mid-2000s track was an introduction of sorts, the song was not his entry point into the rap game. Born Mario Mims, Yo Gotti is a Memphis native who released his first musical work in 1996, titled “Youngsta’s On A Come Up,” under the alias Lil Yo. And a come-up was precisely what he’d experienced. Throughout his multi-decade career, Yo Gotti would release popular songs like “Rake It Up,” “I Know,” “Law,” and “Down in the DM” — working with top artists such as Nick Minaj,...
Black Americans were short-changed amidst a promising time for refinancing home loans. According to Bloomberg’s analysis of federal mortgage data, Wells Fargo rejected nearly half of Black applicants who were looking to refinance their homes. Worsening matters, the banking giant approved applications for more lower-income white applications than the highest-earning Black applicants. Engineer Mauise Ricard III experienced Wells Fargo’s rejection firsthand after paying $560.43 to refinance his home in the suburbs of Atlanta. Richard was married to a doctor and had a credit score boasting over 800. The loan officer affirmed he could qualify for a fast-track appraisal. Yet, what should have been a clear green light turned into a string of issues. Bloomberg reports, Richard’s former home was in a predominantly Black neighborhood and he was told by the loan officer “perhaps the area is not eligible” for fast-track appraisal. Later, the loan officer told Richard his rate would increase by...
Say what you want about Bow Wow, but let the record show that he’s been securing the bag since he was Mr. 106 & Park. Recently, social media started a debate that on one end was dismissive of the rapper’s music career. Despite the naysayers throughout his two-decade run in the industry, Bow Wow has always run things as a businessman. You may have seen him at your local beauty store over the years after he started his own durag line, Power Wave, with RED by KISS — a hair care company. And it’s now been announced that the collaboration is being taken to a higher level for the former child star. Bow Wow has partnered with KISS Colors & Care as its celebrity ambassador, according to a press release. “From the jump, I’ve been a fan of the KISS brand and everything they do to help us push the culture through hair. I knew from day one, our collaboration would be the perfect fit because I know they care about their customers and giving them the best, top-of-the-line, products,” he shared in...