Protecting Your Possibilities

Protecting Your Possibilities

Protecting Your Possibilities is a podcast focused on helping athletes educate and protect themselves for their life outside of their sport.

Episodes

November 17, 2021 21 min

Athletes are often approached to invest in a business – by friends, family and others. How do you know what a good investment deal looks like? What documents should you review? How do you get paid? What are you actually buying? Luke and colleague Ryan Steele talk about these deals, what to look for, and how to protect yourself when making a business investment.

Read the full episode transcript here.

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Athletes are often asked to put their name behind a brand, or want to commercialize their own brand. When this happens, it is important to consider various legal measures to ensure your name and your brand are protected. Spoiler alert: a quick search on the US Patent and Trademark Office’s website isn’t all you need to consider! In this episode, Luke talks to colleague Liane Rousseau about the factors athletes need to consider when...

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For many people, selecting a financial advisor is a challenging task. For athletes, it is even more challenging because the impact of a bad decision could have significant negative long term effects. In this episode, Luke discusses some ideas and shares some tips regarding interviewing and selecting financial advisors.

Read the full episode transcript here.

Find Luke on LinkedInTwitter and Instagram.

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In Sept 2021, the National Labor Relations Board general counsel stated in a memo that college athletes at private institutions should be considered employees and should have the right to act collectively to improve their conditions. In this episode, Luke and guest Jyllian Bradshaw, an attorney who focuses in employment issues and labor relations, discuss the impact this memo can have in the college sports industry. The conversatio...

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September 22, 2021 14 min

Real estate is often an easy choice for athletes to get involved in. Understanding the risks associated with owning real estate either for short term or long term growth is important, and knowing how to protect yourself as you purchase properties and get involved in real estate deals can be tricky. In this episode, Luke explains what to understand before getting involved in real estate transactions, and how to set up a business bas...

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September 8, 2021 18 min

In this week's episode, Luke talks about what is really happening in this new name, image and likeness world. As he is out speaking to athletes across the country, questions like these are popping up: Are athletes really engaging in NIL? Is this really happening? How should I move forward? How do I plan for taxes? How do I decide if I should have someone manage my brand? What if I am an international student - can I still be co...

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Athletes are constantly presented with business deals or business investment opportunities. Having a defined decision-making process can help provide the athlete with the ability to make an informed and educated decision. In this episode, Luke shares a repeatable decision-making process and applies that process to how an athlete might think about business investments that have been presented.

Read the full episode transcript here.

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August 11, 2021 17 min

One month into the new name, image and likeness (NIL) world, one of the common questions from student-athletes is understanding how to get involved in NIL. In this episode, Luke explores ways in which student-athletes can evaluating how to navigate name image and likeness. He also provides some insights around ways to engage in this new NIL environment such as: how do I get into it, what if I don’t have a large social media followi...

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July 28, 2021 18 min

In this episode, host Luke Fedlam explores where name, image and likeness (NIL) changes are potentially heading in the future. The discussion explores the future of federal legislation related to NIL and the impact of having NIL managed by individual institutions. 

Read the full episode transcript here.

Find Luke on LinkedInTwitter and Instagram.

Listen wherever you listen to podcasts including: Apple Podcasts  |  Google Podca...

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Athletes and celebrities are often the target of people wanting them to buy into franchises. A common misconception about owning a franchise is that it will operate itself.  Unfortunately, that’s not true. In this episode, Luke shares some tips on how to analyze your decision regarding a franchise, prior to buying into one. Understanding the challenges and having some helpful advice will help you navigate the process of getting int...

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Protecting Your Possibilities Podcast is one year old! In this episode, Luke takes a looks back over the past year’s episodes of PYP. Over the past 12 months, college and professional sports have experienced significant change and PYP was there to discuss them. Luke also looks forward to the changes yet to come in the sports world. Bottom line: thank you for your support over the past year!

Read the full episode transcript here.

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Name, image and likeness has now been authorized for student-athletes across the country for a week. In this week’s episode, Luke looks at what we’ve seen over the past week and provides context for what is currently happening in the NIL environment, but also what needs to continue happening to make sure student-athletes are protected.

Read the full episode transcript here.

Find Luke on LinkedInTwitter and Instagram.

Listen wh...

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Name, image and likeness is about to become a reality across the country. In this episode, Luke provides perspective on how student-athletes can protect themselves at the onset of this new name image and likeness era.

Read the full episode transcript here.

Find Luke on LinkedInTwitter and Instagram.

Listen wherever you listen to podcasts including: Apple Podcasts  |  Google Podcasts  |  Spotify  |  Amazon Music  |  Stitcher  |...

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On Monday, June 21, the U.S. Supreme Court unanimously ruled against the NCAA in the NCAA v. Alston case, finding in favor of student-athletes. This case focused on whether it was an antitrust violation for the NCAA to limit the amount of education-related expenses that schools can offer student-athletes. In this special edition of the Protecting Your Possibilities Podcast, Luke and colleague Jay Levine, antitrust attorney and host...

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June 16, 2021 18 min

Every day we are getting closer and closer to name, image and likeness (NIL) becoming a reality. On July 1, 2021 multiple states will allow student-athletes at schools in those states to begin making money from third parties related to the use of their NIL. This episode explores the current state of the various stakeholders involved with NIL – states, the NCAA, congress and the Supreme Court.  With so much going on, it’s important ...

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This episode is a little bit different. After receiving numerous questions about how to develop a career in sports, this episode will provide some perspectives on how to get involved in the business of sports. While there are numerous ways to engage in the business of sports, Luke provides perspectives on lessons learned from his journey. If you are mentoring someone who is interested in sports, this is the podcast episode you shou...

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Over the past few years, we have heard the resounding refrain of professional athletes being more than just athletes. When thinking about protecting the possibilities of athletes, it’s important to acknowledge their humanity and the fact that athletes are not simply robots. In this episode, Luke explores the decision of Naomi Osaka withdrawing from the French Open due to a desire to protect her mental health. 

To listen to Luke’s ...

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With the passage of name, image and likeness (NIL) legislation in numerous states, other states are racing to pass legislation in order to not lose out on the recruiting and retention of student-athletes. This week, Ohio proposed legislation regarding NIL. In this episode, Luke explores some of the unique aspects of Ohio’s legislation relative to other states and discusses what is happening in state legislatures across the country ...

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One of the new areas of the crypto world is the explosion of NFTs or non-fungible tokens. These digital collectibles are growing with individual athletes and leagues as well. In this episode, Luke explains the baseline information of what an NFT is and how it intersects with sports. He further dives into the growth of NFTs in sports and what to expect in the NFT world.

Read the full episode transcript here.

Find Luke on LinkedIn,...

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The 2020 Olympic Games in Tokyo, Japan were postponed to the summer of 2021 due to the COVID-19 global pandemic. With less than 100 days until the rescheduled games are supposed to begin, there are a lot of questions that exist regarding whether the games will occur, and if they do, will athletes attend? In this episode, Luke explores some of the impact that these very different Olympic Games will have on the athletes and their fan...

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