David Rosenthal
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Podcast Appearances
basketball players don't wear a helmet.
You know, that's little stuff, but it doesn't matter.
Well, I think this is also related to the social media thing.
And really, this is like the big divergence between the players and the sports and the leagues.
But the players, I think other league players and especially the NBA have been able to build wealth and businesses and revenue streams much better than NFL players because they're the platform and the audience value accrues to them so much more.
LeBron, I think, is already a billionaire, and especially once his playing days are over, he will be a multi-multi-multi-billionaire because of the influence that he has.
For new listeners, this is the section we do an analysis based on the great book by Hamilton Helmer, where we run through each of his seven powers that a business could have to earn long-term differential profits versus its competitors.
And the seven powers are counter-positioning, scale economies, switching costs, network economies, process power, branding, and cornered resource.
I think they definitely have a cornered resource.
If you want to watch professional football played by this set of athletes, they are the only game in town.