Malcolm Lemmons’ Post

It's really interesting to see this representation of what used to be a top salary in sports back in the day to now...whew! We all know that yesterday's price is not today's price but SERIOUSLY, look at this! So many dynamics have changed... from the main stream popularity of certain sports, the potential revenue associated with them to how much the top athletes could demand/receive based on the value they provided to that sport based on those factors. Sound familiar?! Don't think it doesn't apply because you're not an athlete , you're not a millionaire/billionaire, etc. Sports is still business and career related so you can definitely relate it to your corporate job/business and adjust as needed! Value changes...PERIOD! Maximize how your knowledge, passions and gifts can bring as much value to the table as possible! #growthmindset #leadership #professionaldevelopment

I find this quite interesting coming from working in a sports background years ago

The Legacy of Amateur Careers in the Success of Highest Paid Athletes 🏆💰 Over the past three decades, the highest paid athletes have frequently transitioned from notable amateur careers, often marked by participation in the Olympic movement, to lucrative professional sports careers. This trend highlights the significance of amateur competitions as a crucial foundation for future financial success in professional sports. Amateur careers, particularly within the Olympic framework, provide athletes with invaluable exposure, rigorous competition, and a platform to demonstrate their talents on a global stage. The Olympics, regarded as the pinnacle of amateur sports, not only serve as a proving ground for physical prowess and mental fortitude but also offer athletes unparalleled visibility. This visibility often attracts sponsorships and professional opportunities that can lead to substantial earnings. Prominent examples include legendary figures like Michael Jordan, who after leading the USA Basketball team to an Olympic gold medal, became an NBA icon and one of the highest earning athletes in history. Similarly, Usain Bolt’s Olympic triumphs solidified his status as a global superstar, translating into significant endorsement deals and professional engagements. The transition from amateur to professional sports also underscores the importance of comprehensive sports education and management, as well as the principles of fair play and integrity. Organizations like HeadTech Combat Sports Education Management play a pivotal role in this journey, offering guidance and resources to help athletes maximize their potential both on and off the field. By leveraging AI and cutting-edge training methodologies, HeadTech ensures athletes are well-prepared to navigate the challenges of professional sports while maintaining the highest standards of sportsmanship, further enhancing their career longevity and earning potential. For potential investors, this presents a unique opportunity to drive the success of athletes transitioning from amateur to professional careers. By investing in sports education and management platforms like HeadTech, investors can contribute to the development of future sports stars while benefiting from the financial growth of these athletes. This symbiotic relationship not only promotes excellence in sports but also offers substantial returns on investment. In conclusion, the journey from amateur to professional sports is a critical pathway for many of the highest paid athletes. Their success stories underscore the value of the Olympic movement and the essential role of robust sports education and management in achieving financial success in the professional arena. As an investor, supporting this transition is not only a sound financial decision but also a chance to be part of the future of sports excellence. 🚀🏅 #SportsBusiness #AthleteSuccess #OlympicMovement #SportsEducation #FairPlay #InvestInSports #HeadTech

This is so interesting.  Especially thinking about events in the respective years that would have triggered a financial rise or downfall.  

This was interesting to watch. This makes me think about how a guy like Floyd Mayweather can hop in and out of the number one spot so many times. The athletes who see themselves as entrepreneurs and spend their time building and buying assets are able to make billions, yes billions, in the long run. As Robert Kiyosaki famously said in Rich Dad Poor Dad, “mind your business.” As an athlete and an entrepreneur, I know very well that my business is my asset column and not my income. The same goes for non-athletes. Wages rarely generate wealth and even some of the highest-paid athletes in the world fail to become business owners. Too many remain mentally and financially “stuck” as high-paid employees. This makes it difficult for wealth to be stewarded well by future generations. It’s one thing to make the money, it’s another thing to teach your kids how to do the same and keep multiplying it.

Really interesting journey. I wanted to share this because it included some players who stayed on the list even after retiring. But I think Malcolm’s question asking do you notice any patterns/changes is a really good one. So, do you? #lifeaftersport #professionalsport #proplayer #exathlete #formerplayer #sport #careertransition

Interesting to watch the rise and fall of these athletes and which sports have had the greatest draws over time in viewership globally

Very interesting transition of wealth in the top athletes. From boxers in the 90’s and 2000’s to soccer players in the modern era.

Very effective data visualization over 32 years!

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