NBA Star Jaylen Brown Talks Player Equity

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Bloomberg Talks 46 min 2 speakers 6 chapters transcribed
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What is the main topic discussed in this episode?

Brooke Sutherland 0:02
Bloomberg Audio Studios. Podcasts. Radio. News. Hi, everyone. Thank you so much for joining us tonight. We're really excited about the conversation. And thank you, Jalen, for being here. Thank you. You've had a particularly impressive season this year, breaking several Boston Celtics records, including recently tying with Larry Bird for the most consecutive games scored with at least 30 points. So congratulations. Thank you. but you've been a passionate advocate throughout your career about both you and your colleagues on the court being seen as more than just athletes. You're a thinker, you're a social justice advocate, you're an entrepreneur and a philanthropist. Can you talk about that dynamic and what is it like for you to juggle all of those different roles?

What records has Jaylen Brown broken this season?

Jaylen Brown 0:49
I think at this point it's just, it's kind of normal. You know, from 18 when I first came in to the NBA, I kind of, had my experience cultivated at Berkeley where I interned at a VC when I was at Berkeley Base Ventures with Eric Moore on top of doing what I did athletically and then also challenging myself academically through graduate courses and stuff like that. So I think UC Berkeley really prepared me for the journey that I'm going through right now.
Brooke Sutherland 1:23
And you're also, you use your platform a lot to speak out on issues off the court. Can you talk about why that's important to you and why that's something that you choose to do?
Jaylen Brown 1:34
Sure. Yeah, I think having a platform I look at as a responsibility. like being able to affect households that you may not ever get to see or reach or families and the next generation in a sense. So I take that with a great responsibility. So anytime that I can, I try to push what I view as important and what I want the next generation to learn about, what I want them to emphasize and what I think being an athlete is about. You know, it's not just about entertainment. It is about influence, to be able to have a positive influence on your community, to be able to have a positive influence on, you know, society in itself. So I kind of try to live my life in that regard.
Brooke Sutherland 2:24
Do you feel like since you've been doing that, the narrative around athletes has changed? Do you feel like it's starting to break through, this multidimensional aspect?

How does Jaylen Brown balance being an athlete with social advocacy?

Jaylen Brown 2:33
I would hope so. I would like to think that. Maybe sometimes it feels like that's not the case, but I would like to think that the next generation is going to be a lot more athletes who are understanding their value thinking about how to use their platform, also developing themselves outside of just being, you know, entertainer slash athlete and developing how they can have a positive role, influence on society and the community in itself. I would think there's in the future, there'll be a bunch more athletes that will be coming by. And I've talked to a lot of them. You know, I just think the courage, is what they just need. Once things become popularized and normalized, like it becomes mainstream for athletes to be in a certain way, I think you'll see a lot more.
Brooke Sutherland 3:25
And you turned down endorsement offers worth $50 million over multiple years and chose instead to launch your own sneaker brand, 741. Can you talk about what motivated that decision and why you chose to do it?
Jaylen Brown 3:38
Yeah, I mean, Probably some delusion. Most people would probably scratch their head about decisions like that. And probably some people that I know that are close to me are probably still scratching their head about some decisions that I've made. But for me, obviously money is important. I think that is a great resource to be able to do things that you know you want to do financial freedom but there's things that i value more than money you know commitment to my community um i think just integrity um it means more being able to have an input you know creatively all these things are things that i will i will weigh when i make my decision and if you are taking away all those things and only wanting to give me money, you know, or, you know, limiting my voice or something like that, then it doesn't sound like something that might be for Jalen Brown.

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