Protecting Your Possibilities

As discussed previously, the importance of an athlete’s identity is paramount as they progress through high school, college and professional sports. In this episode, Luke speaks with Celia Anderson about her time as a women’s basketball player at the University of Arkansas, playing in the Final Four and playing professionally overseas. Celia discusses not only how she has dealt with her identity as an athlete, but as a mother of an elite basketball player, she also discusses how she helps her daughter work through issues of identity. 

Read a transcript of this episode here.

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On the heels of the 2020 election, this discussion explores the impact of Congress on sports. Specifically, Luke explores how the federal government will potentially be involved in establishing a federal law around name, image and likeness compensation for student-athletes. Should the federal government choose not to legislate name, image and likeness, there might be a rush of state legislatures passing such legislation at the individual state level.

Read a transcription of this episode here.

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Athletes often have numerous professional advisors around them. As an Athlete CEO, it is critical to understand how best to manage these various advisors. In this episode, Luke explores various ways in which athletes can manage the advisors who work for them. Breaking down this management into understanding the scope of services, the fees and how to hold the advisor accountable helps provide real world understanding for how to best manage advisors.  

Find an audio transcription of this episode here.

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Cannabis investments are becoming more and more popular for athletes, and other investors. Because of the various state and federal regulations, there is a lot of due diligence required when considering such an investment. In this episode, Luke talks with Scott Miller, the General Counsel and Chief Operating Officer of Certified Cultivators, and Porter Wright attorney Frank Tice, who advises cannabis-related entities. This dynamic exchange is a must-hear for anyone considering this type of investment.

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The landscape of college athletics is facing a monumental shift when Name Image & Likeness (NIL) changes go into effect in 2021. in this episode, Luke discusses some of the changes being contemplated with college sports and how important it is to educate and protect student-athletes when the new legislation goes into effect.

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Athletes are known to make thousands of split-second decisions in their sport. They have been training their entire lives to make these incredibly fast decisions. When it comes to making decisions outside of their sport, it can be harder to slow that process down, as they haven’t always practiced doing this as much as they’ve practiced their sport. This discussion will share a repeatable and comprehensive personal decision-making model upon which life decisions can be built. Once an athlete (or others) understand this simple process, it can be practiced to allow for muscle memory when it comes to making informed decisions outside of sports.

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Many athletes struggle when transitioning out of sports, especially when their identity has been wrapped up in being an athlete their entire life. Luke talks with attorney Abby Chin, a three-time Olympic Swimming Trials Qualifier, and discusses tips and ideas for managing your identity when transitioning out of sports. This is something that has to be managed both internally, as well as externally with people who see you only as either an athlete or former athlete. 

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Many athletes struggle with their identity after sports comes to an end. This episode, Luke Fedlam focuses on the topic of identity foreclosure in athletes. He discusses what athlete identity foreclosure is, ways to overcome it and how to prepare for life after sports come to an end. 

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Due diligence is the process of researching and evaluating options based on the information discovered. Luke talks with Courtney Altemus, founder and CEO of Team Altemus, and focuses on the process of gathering information on potential agents and advisors, and how to conduct ongoing monitoring of advisors after you’ve selected them to work for you.  

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Athletes, among others, are often asked to sign various types of contracts or agreements. This episode focuses on the fundamental aspects of agent/advisor contracts, as well as marketing/endorsement agreements. This discussion of contract basics will shed light on why all contracts should be read and understood before being signed!

Find Luke on LinkedIn, Twitter and Instagram.

Listen wherever you listen to podcasts including: Apple Podcasts  |  Google Podcasts  |  Spotify  |  Amazon Music  |  Stitcher  |  Tunein Radio  | iHeartRadio  | Castbox