The Boston Celtics' Blake Griffin and tennis pro Sloane Stephens talk to FOX Business about their partnership with a firm that's changing the sports world with smart stakes.
, will become a billionaire someday. The best strategy for a young player with large contracts like Burrow is to "go slow," the founder advised.
"Blake was way down the road in knowing what he liked and didn't like, so it's quite different in some respects," Patricof noted. "But if you think about Joe Burrow today versus Dan Marino 30 years ago, Joe's going to be in a position to do anything he wants to do in the world, and he's got the brainpower to do it, so now it's just about teeing up the right opportunities.
That right opportunity, the Patricof co-founder pointed out, could one day be team ownership for his clients."I think if you love sports, understand the underlying value of sports, ownership is a natural place to progress. You saw the NBA completely shift in the last 20 years for the type of owners. Now they come from finance and technology," he explained.
in history. While he’s not a client of Patricof, he recently clarified whether he’d explore team ownership someday. "I really would only be interested in the New York Giants," Manning told McShane at a recent event in New York, "and I don't think they're going to be going for sale anytime soon, and I don't quite have the $6 billion that it would cost to buy them."
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