Brooke Sutherland
๐ค SpeakerAppearances Over Time
Podcast Appearances
Can you talk about what you're seeing in the broader investment community, and do you feel like you're seeing tangible forward momentum there?
from financial institutions in particular in making the economy more equitable and helping to close that racial wealth gap?
Just as you've seen different organizations pull back from DEI, how are you seeing that manifest?
Or are you still seeing positive forward momentum from financial institutions in particular?
You're also the vice president of the National Basketball Players Association, and you've been in that role since 2019.
Why is it important to you to stay in a leadership role in that organization?
NBA franchise valuations have skyrocketed in recent years since that last CBA was signed, including the $6.1 billion purchase struck last year for the Boston Celtics, the $10 billion deal for the Los Angeles Lakers.
Do you think those rising valuations are appropriately reflected in how athletes are getting paid?
Do you think the rising valuations are appropriately reflected in how players are getting paid?
Or do you think something needs to change in that formula to reflect just how
you know, lucrative these teams have become.
I mean, this is an idea that's gained a lot of traction recently in private equity, too.
Pete Stavros at KKR has been a big proponent of this, that if you give rank and file employees, players, whatever it might be, equity,
they'll care more about the success of the company.
They'll be more invested in it.
You said it's something you proposed.
Do you feel like it is gaining more traction among other players?
Do you hear it talked about more among your colleagues?
So when the next round of negotiations does get underway and you have those other 100 lawyers on the other side, is this something that you're going to advocate for and push for as part of those negotiations?
More broadly, do you see sports teams as something that you would want to invest in, even outside of the NBA?