Andrew Petcash
@AndrewPetcash
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I break down the top investments made by athletes. Former D1 hooper writing about the business of athletes, sports, and NIL.
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Steph Curry is nearing billionaire status 👀
He earns over $90M a year and is building an empire off the court.
THREAD: Curry's 5 best investments
(and why Nike passed on him)
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For more breakdowns like this follow
@AndrewPetcash
Here's another one you'll enjoy:
Tom Brady will be the first NFL billionaire 👀
$332,962,392 in NFL money and several 5x business moves.
THREAD: Brady's 4 best investments
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Bonus) Nash's Philanthropy
- Created the Steve Nash Foundation
- assists children with health & education.
- Raises millions with his yearly charitable soccer match in NYC, Showdown
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Steve Nash is a true...
athlete-coach-entrepreneur-investor
Look forward to seeing what ventures he gets involved with going forward.
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1) Bullish
Steve Nash started his own venture fund and creative agency.
Bullish has made over 53 investments.
Some of the best include:
• Harry’s
• Casper
• Peloton
• Warby Parker
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2) RCD Mallorca
Nash is the co-owner of the Spanish football team, RCD Mallorca.
He invested alongside Suns owner Robert Carver in 2010.
The team earned $52M last season and is on the rise.
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3) Meathawk
In 2006, Nash co-founded his own film production company.
Some of Meathawk's work:
• Nike commercial
• several short films
• a few music videos
• ESPN 30 for 30 "Into the Win"
The company does several million in revenue per year.
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4) Vancouver Whitecaps
Nash owns a stake in the Vancouver Whitecaps of the MLS.
Other athletes who own soccer teams:
• Kevin Durant
• LeBron James
• James Harden
• Russell Wilson
• Patrick Mahomes
MLS franchise valuations have increased 30% in the last few years.
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Nash has a reported net worth of $110M, although it's probably higher.
Here are his 4 best investments:
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Nash had an array of endorsement deals during his career.
They included:
• Nike
.•Luyon
• Dove Men
• Vitamin Water
• Raymond Well
• MDG Computers
• Clearly Canadian Water
If Nash didn’t love the product, he wouldn't get involved as most deals included equity.
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Steve Nash made over $144M in NBA contracts during his career.
And rightfully so:
8× NBA All-Star
5× NBA assists leader
3× All-NBA First Team
2× All-NBA Second Team
2× NBA Most Valuable Player
He is currently making $8.7M/year as the Brooklyn Nets head coach.
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Steve Nash and Kobe Bryant were notorious for discussing investments off the court.
$144M in NBA money and several big business moves.
THREAD: Nash's 4 best investments
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Andrew Petcash Retweeted
Great financial advice to athletes in
@AndrewPetcash
’s latest newsletter…
Always;
- trust your gut
- trust your research
- don't be afraid to say no
- take the time to understand the personality of the founder and the people you're investing in
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