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Fiske, 24, was drafted by the Los Angeles Rams in the second round of the 2024 NFL Draft on Friday evening. "I had never been around that much money," Fiske told MarketWatch last month. Together, they've discussed "how my financial life is going to change" upon signing an NFL contract, Fiske noted. "I'm putting money into mutual funds, index funds, high-yield savings accounts and maybe exploring new investment opportunities, too," he said, adding: "I also have a Roth IRA ... But that doesn't mean he won't splurge on a fun purchase: He's an avowed fan of Nike's Air Jordan 1 sneakers, for example.
Persons: Braden Fiske, , Fiske, you've, they've, Roth, he's Organizations: Los Angeles Rams, Florida State University, FSU, NFL, Roth IRA, Air, Honda Accord, CNBC
CNN —Angel Reese said she is “super excited” by the “really great direction” that the WNBA is heading in, after being drafted into the league by the Chicago Sky earlier this month. 7 pick in the 2024 WNBA draft, pairing her up with former South Carolina star Kamilla Cardoso – who had been picked No. In her introductory press conference with Chicago on Wednesday, the 21-year-old spoke about what she’s gleaned already from her fellow professionals. “They understand and they know our impact and they embrace that and we’re all just trying to go in the right direction, and I think we’re going up right now. In Reese and Cardoso, the Sky have a potentially game-changing frontcourt and the former LSU star is excited with what’s to come in the Windy City.
Persons: Angel Reese, Reese, Kamilla Cardoso –, , ” Reese, Caitlin Clark, she’s, Brad Penner, Shaquille O’Neal, O’Neal, Shaq, Reese “, , “ He’s, Cardoso, “ I’ve, I’ve Organizations: CNN, Chicago Sky, Sky, South, Chicago, WNBA, LSU, SEC, LSU Tiger, Reuters, Tigers, NBA, Las Vegas Aces Locations: South Carolina, Chicago, Windy City
That would mean a likely contract of around $8 million over four years, including a $2.7 million signing bonus, according to MarketWatch . The idea of young athletes reaping instant riches has long been an annual subplot of the NFL draft. The money I received gave me a peace of mind I did not have previously," Fiske told Business Insider. Though he made some savvy choices, Fiske admitted he made "a few mistakes" early on after receiving his NIL money. "I'm sure I'll give in once I see more 0s on my account," Fiske told MarketWatch.
Persons: Fiske, Braden Fiske, he's, He's, he'll Organizations: Honda Accord, Florida State University, NFL, NCAA, FSU, Business, IRA, Air, CNBC Locations: Detroit
Kline was drafted in 2000 by the St. Louis Rams (now the Los Angeles Rams). He was an offensive lineman until 2002, when he left the NFL after sustaining several concussions. The boutique Los Angeles firm focuses almost exclusively on sports dealmaking — though it also works on capital raises and makes its own investments. The firm's website says it has also advised on deals for franchises like the Golden State Warriors, the Miami Heat, the Los Angeles Dodgers, Bologna FC, and the San Francisco Giants. Kline works alongside Sean Clemens and Edwin Draughan, who focus on sports mergers and acquisitions.
Persons: Andrew Kline, Park Lane Andrew Kline, Lane Kline, Kline, Sean Clemens, Edwin Draughan Organizations: St, Louis Rams, Los Angeles Rams, NFL, Athletes ' Agency, Cincinnati Bengals, MLB's Cincinnati Reds, Sports Business, Golden State Warriors, Miami Heat, Los Angeles Dodgers, Bologna FC, San Francisco Giants, NCAA Locations: San Diego, Los Angeles, Angel
CNN —Reggie Bush is getting his 2005 Heisman Memorial Trophy back after having had to relinquish the award in 2010. “We are thrilled to welcome Reggie Bush back to the Heisman family in recognition of his collegiate accomplishments,” Michael Comerford, president of The Heisman Trophy Trust, said in a statement. We are so happy to welcome him back.” Michael Comerford, president of The Heisman Trophy Trust, in a statement on Wednesday. In a post on Instagram, Bush wrote, “No one can take from you what God has for you,” along with a picture of his Heisman Trophy. Bush will also be invited to future Heisman Trophy ceremonies and USC will receive a replica trophy.
Persons: Reggie Bush, Bush, ” Michael Comerford, , Reggie, Marcus Cassel, Chris Carlson, ” Bush, Johnny Manziel, , Vince Lombardi Organizations: CNN, Heisman Trust, Heisman, Trust, University of Southern, UCLA, USC, Los Angeles Memorial Coliseum, College, NCAA, Athletic, NFL, Twitter, New, New Orleans Saints, Miami Dolphins, Detroit Lions, San Francisco 49ers, Buffalo Bills, Saints Locations: Heisman.com, Instagram, University of Southern California, New Orleans
New York CNN —Caitlin Clark is reportedly set to wear her own signature Nike sneaker in the WNBA. Now she’s set to sign an eight-year deal worth up to $28 million with Nike, according to the Wall Street Journal. The Athletic has reported that Clark’s deal includes a signature Nike shoe. CNN has not independently confirmed a deal between Clark and Nike. Nearly all major stars in the NBA have sneaker deals, including James, Kevin Durant and Luka Doncic with Nike and Stephen Curry with Under Armour.
Persons: Caitlin Clark, Clark, LeBron James, Serena Williams, Derek Jeter, James, Kevin Durant, Luka Doncic, Stephen Curry, Brian Nagel, Sabrina Ionescu, ” Brian Nagel Organizations: New, New York CNN, Nike, WNBA, Wall Street, CNN, State Farm, Gatorade, Panini, NBA, Oppenheimer, New York Liberty Locations: New York
Paige Bueckers, 22, is a star guard on UConn's women's basketball team. Her style and support for her teammates at this year's draft have gotten a lot of love online. AdvertisementPaige Bueckers was one of the most-talked-about names after the 2024 WNBA draft on Monday, April 15, and she wasn't even one of the recruits. The 2023 WNBA season was "its most-watched regular season in 21 years," the league reported, and Deloitte predicted women's sports will surpass $1 billion in revenue for the first time. AdvertisementGet to know Paige Bueckers before she returns to UConn for her last dance and discover why she's the internet's latest obsession.
Persons: Paige Bueckers, She's, , Louis Vuitton, Bueckers, Aaliyah Edwards, Nika Mühl, tweeting, Edwards, Kris Jenner, eyeing, Caitlin Clark, Naismith, Clark, Angel Reese Organizations: UConn, WNBA, Service, Washington Mystics, Seattle Storm, Best, Big East, NCAA, Deloitte
The highest-grossing film in recent memory is Greta Gerwig’s “Barbie.” And the most-watched basketball star is Caitlin Clark. Beyoncé’s first country album, “Cowboy Carter,” topped Billboard’s charts with nearly half a million copies sold in its debut week. Meanwhile, Swift is set to release her highly anticipated album, “The Tortured Poets Department,” on Friday. The impact of a once-in-a-generation star like Swift will surely inspire interest in other female-led performers, spawning even greater appetite and opportunities. Compare that to the NBA’s top pick Victor Wembanyama, who signed a $55 million contract with the San Antonio Spurs.
Persons: New York CNN —, Taylor Swift, Greta Gerwig’s “ Barbie, Caitlin Clark, Swift, Beyoncé’s, Cowboy Carter, , Tom Poleman, CNN’s Alli Rosenbloom, ” “ It’s, ” Poleman, Clark, Barbie ”, Gerwig, didn’t, Victor Wembanyama, , Hoda Kotb, Caitlin Organizations: New York CNN, Poets Department, Clark’s Hawkeyes, South Carolina Gamecocks, NBA, WNBA, Street Journal, NCAA, Academy of Motion Picture Arts and Sciences, Warner Bros . Pictures, CNN, Indiana Fever, San Antonio Spurs Locations: New York, America
But right now we're seeing that even if you're the best, women are not paid their fair share." However, WNBA Commissioner Cathy Engelbert, speaking at CNBC's inaugural Changemakers Summit on Thursday in New York City, said there's a "false narrative" around Clark's expected salary, likening it to the way that executive salaries are displayed for public companies. Cathy Engelbert, Commissioner of the Women's National Basketball Association (WNBA) speaking at the CNBC Changemakers Event in New York on April 18th, 2024. The NBA has around $13 billion in revenue while the WNBA is roughly around $200 million. Caitlin Clark poses with WNBA Commissioner Cathy Engelbert after being selected first overall pick by the Indiana Fever during the 2024 WNBA Draft.
Persons: Caitlin Clark, Joe Biden, Clark, Victor Wembanyama —, , Cathy Engelbert, there's, Engelbert, Danielle DeVries, Caitlin, she's, we're, Sarah Stier Organizations: Indiana Fever, House, San Antonio Spurs, NBA, Summit, Deloitte, National Basketball Association, CNBC, Nike, Gatorade, State, WNBA, Athletic, Getty Locations: New York City, New York, U.S, Iowa
Viewership for the women's NCAA basketball championship surpassed the men's final for the first time. Over the next three years, the TV audience for the women's final grew by 23% to an average of 3.7 million. Women's basketball popularity goes beyond championship game ratingsWe have seen other evidence of women's college basketball's emerging dominance in the sports landscape. Meanwhile, merchandise sales related to women's college basketball are also soaring. JuJu Watkins celebrates with USC fans following a win during the 2024 NCAA Women's Basketball Tournament.
Persons: , Nielsen, Caitlin Clark —, Angel Reese, Dawn Staley, Clark, University of Connecticut's Paige Bueckers, Juju Watkins, James, LeBron James, JuJu Watkins, Wally Skalij, Darren Rovell, Bruce B, Greenspoon Marder, you've, Siegal Organizations: NCAA, WNBA, Service, University of Iowa, University of South Carolina, Purdue University, University of Connecticut, Nielsen, Sports Media Watch, Louisiana State, University of South, Business, Nike, University of, University of Southern, USC, Indiana Fever, Impact, Vanderbilt University Locations: Louisiana, University of South Carolina, University of Southern California
The WNBA’s stars aren’t asking to be paid an equal dollar amount to NBA players, however. WNBA players have made progress on salaries since 2020, when they reached their latest collective bargaining agreement with the league. Sharing the revenue pieBecause it’s a smaller and younger league, women’s players have had less bargaining power with team owners over their pay than men. While NBA players receive 50% of total NBA revenue, the WNBA must hit a certain revenue threshold annually before any revenue sharing agreements kick in. This has held back women’s salaries.
Persons: Caitlin Clark, Clark, Angel Reese, ” Terri Jackson, David Berri, Kelsey Plum, Griner, Jackson, ” Jackson, “ It’s, , Alicia Jessop, “ That’s, ” David Berri, David Stern, , Berri, Cathy Engelbert, ” Breanna Stewart Organizations: New, New York CNN, NBA, National Basketball Association, Women’s National Basketball Association, University of Iowa, Louisiana, NCAA, WNBA, ’ Association, CNN, Southern Utah University, Las Vegas Aces, , Phoenix Mercury, , Pepperdine University, longtime, New York Liberty Locations: New York, men’s, Russia
Prada dresses Caitlin Clark on WNBA draft night
  + stars: | 2024-04-16 | by ( Jacqui Palumbo | ) edition.cnn.com   time to read: +3 min
And while Caitlin Clark, the NCAA’s all-time leading scorer across men’s and women’s basketball, was snapped up as the No. Sarah Stier/Getty ImagesIn previous years, dress codes at the draft had tended to lean toward daytime suiting and dresses, but on Monday night it was clear that the stakes had been raised. Sarah Stier/Getty ImagesRickea Jackson in a playful, high-low pantsuit. Sarah Stier/Getty ImagesPrada’s move to dress Clark is likely a sign of luxury brands’ further expansion into the sport. Designer brands now jump at the chance because they know this will be publicized, styled, and shown to millions.”Ahead of the draft, Clark called her collaboration with Prada “pretty special,” in a red-carpet interview (though, technically, said carpet was orange-colored) with the WNBA.
Persons: Caitlin Clark, Prada, Clark, Sarah Stier, Stanford’s Cameron Brink, Tennessee’s Rickea Jackson, Carolina’s Kamilla Cardoso, LSU’s Angel Reese, Angel Reese, Rickea Jackson, , — Clark, Cardoso, Reese, Jazmine Motley, Maddox, DeWanna Bonner, Alyssa Thomas, , “ It’s Organizations: CNN, Indiana Fever, Iowa Hawkeyes, Los Angeles Sparks, Brink, Banco, Chicago Sky, NBA, NCAA, WNBA Locations: men’s, LA, Bronx
For young men in particular, it's an enticing, if a bit troubling, prospect. For some young men, a level of nihilism about the economy leads to an impetus to take some risks. Along with the rise of new customers, problem-gambling behavior is increasing, especially among young men. The New Jersey report identified a significant prevalence of high-risk stock trading among young men. According to the National Council on Problem Gambling, some 2.5 million Americans have a severe gambling problem, and another 5 million to 8 million have a problem it considers mild or moderate.
Persons: You've, Donald Trump's, Crypto, they're, they've, Timothy Fong, we've, Fong, it's, Kahlil Philander, haven't, Philander, Davids, Goliaths, Warren Buffett, Berkshire Hathaway, Emily Stewart Organizations: GameStop, AMC, NCAA, Pew Research, UCLA, Washington State University, National Council, sportsbooks, Business Locations: America, United States, Berkshire, New Jersey, Atlantic, Jersey, Plenty
Caitlin Clark showed up to the WNBA Draft dressed in Prada from head to toe. According to Business Insider's calculations, Clark's outfit costs $16,875 — or about 22% of her first-year WNBA salary. AdvertisementA close-up of the satin Prada outfit Clark wore to the WNBA Draft. A composite image of the Prada sunglasses and the patent leather Galleria bag that Clark wore to the WNBA draft. AdvertisementAccording to BI's calculations, Clark's Prada outfit totals up to $16,875 — or about 22% of her first-year salary in the WNBA.
Persons: Caitlin Clark, Prada, , Clark, Sarah Stier, Prada's, Adri Zgirdea Toth, Marie Claire, Caitlin, Toth, Clark's Prada, Spotrac, Julia Marino, LVMH, Moët Hennessy Organizations: WNBA, Service, Prada, Indiana Fever ., GQ Sports, NBA, Iowa Hawkeyes, Nike, Gatorade, Olympics, Team USA, Linea, women's national football team Locations: Paris
The WNBA draft was held on Monday, April 15, at the Brooklyn Academy of Music in New York. The Indiana Fever selected Caitlin Clark first overall. AdvertisementThe WNBA reported that the 2023 season was "its most-watched regular season in 21 years," with combined viewership across networks "up 21 percent over the 2022 regular season." With big names like Angel Reese and Caitlin Clark joining the league, there's no telling what new heights it'll reach this season. AdvertisementGet to know all 12 talented women from the first round of the draft as they prepare to continue changing the world of women's basketball, one block, three-pointer, and rebound at a time.
Persons: Caitlin Clark, , Clark, Jeff Pagliocca, Angel Reese Organizations: Brooklyn Academy of Music, Indiana Fever, Service, NCAA, ESPN, Sky Locations: New York
CNN —Few things in professional sports have ever been as certain as Caitlin Clark being selected as the No. That’s what I’m going to do. I’m going to be in there and be like, ‘Go make a layup.’ She’s going to make my life easy. “If you’re a women’s basketball fan or you’re not a women’s basketball fan, I encourage you to watch the show when it comes out,” Clark says. I think I’m just excited.
Persons: Caitlin Clark, , Clark, , ” Clark, ’ She’s, Cameron Brink, Angel Reese, Adam Hunger, , Clark Clark, they’re, It’s, Peyton Manning’s, Kamilla Cardoso, Kiki Rice, Brian Babineau, I’ve, it’s, hasn’t, Steph Chambers Organizations: CNN, Iowa Hawkeyes, NCAA Division, Indiana Fever, Boston, South, NCAA, ESPN, Peyton, Chicago Sky, UCLA Bruins, Clark, Getty, Fever, WNBA, Iowa, Phoenix Mercury, Pacers Locations: men’s, Boston, South Carolina, Los Angeles, New York, Peyton Manning’s Omaha, Phoenix Mercury . Iowa, Indianapolis
Nike’s new Olympic outfit designs for the US women and men were revealed last week, and the track and field uniforms have rightly been met with intense criticism. Just look at what Caitlin Clark, Dawn Staley and this year’s women collegiate basketball players did for the NCAA. For the uninitiated, prior to the settlement the women were earning as little as 40% of what the men were paid, despite winning four World Cup championships. A woman, Simone Biles, is the most decorated gymnast of all time, winning an astounding 37 World and Olympic medals… and she’s not done competing. Instead, while male athletes are simply referred to as “athletes,” we are “women athletes” who must shave and trim, wax and pluck our way into the hearts and minds of… men.
Persons: Danielle Campoamor, CNN —, Danielle Campoamor Ashley Batz, Leslie Jones, Katie Moon, ” Katelyn Hutchison, ” Jaleen Roberts, ” Lauren Fleshman, , Fleshman, Caitlin Clark, Dawn Staley, Simone Biles, , I’m, Organizations: NBC, CNN, Olympics, Paris Games, NPR, Nike, Air, University of Kentucky, NCAA, US Soccer, Team USA, Go Locations: Paris
Why Corporate America is keeping quiet on abortion
  + stars: | 2024-04-16 | by ( Allison Morrow | ) edition.cnn.com   time to read: +8 min
New York CNN —Eight years ago, when North Carolina tried regulate how transgender people use public bathrooms, Corporate America revolted. Nearly two dozen states have either banned or severely curtailed abortion rights since Roe v. Wade was overturned two years ago. Lamberton: What we’ve seen is the natural life cycle of an idea. But in the last few years, we’ve seen that position softening. Economically, we’ve seen a great deal of volatility just in the last half decade.
Persons: CNN Business ’, Roe, Wade, we’ve, Bud, Cait Lamberton, ” Lamberton, , Lamberton, We’ve, Bud Light, Busch, isn’t, it’s, they’re, John Wanamaker Organizations: CNN Business, New York CNN —, America, PayPal, Associated Press, , American Civil Liberties Union, University of Pennsylvania’s Wharton School of Business, Consumers, Anheuser, Bud, Brands, Coca Cola, Companies, Technology Locations: New York, North Carolina, Ukraine, Georgia, Philadelphia
Caitlin Clark will earn less in the WNBA than some trade jobs – and the average athlete. Despite her low base salary, Clark could make over $3 million from brand sponsorships and endorsements. Clark, who wore a $17,000 Prada outfit to the draft, will make an estimated base salary of $76,535 in her first year. Lower-level draft picks make $64,154 as a base salary, but salaries are much higher for non-rookie players: The highest-paid WNBA players make over $200,000 in base salary. Despite the low base salary, Clark, who has over two million social media followers, stands to make major money from brand sponsorships and endorsements.
Persons: Caitlin Clark, Clark, , she'll, I've Organizations: WNBA, NBA, Service, Basketball Association, Indiana Fever, NCAA, of Labor Statistics, Bureau of Labor Statistics, Revenue, Bloomberg, Nike, Gatorade, State Farm Insurance
We'll show you everything you need to know about tonight's event, including where to watch the WNBA Draft live stream and how the draft works. How to watch the WNBA Draft in the USThe WNBA Draft will air on ESPN at 7:30 p.m. If you don't have cable, there are a couple of live TV packages that will be able to help you out, like Sling TV and Hulu + Live TV. Shop at SlingYou can also catch ESPN live with Hulu + Live TV. The WNBA Draft is split into three rounds featuring 12 picks each, so 36 players in total will be selected.
Persons: Caitlin Clark, Angel Reese, Cameron Brink, Kamilla Cardoso, we've, Hulu's, ExpressVPN Organizations: Business, NCAA, Iowa, WNBA, Indiana, Fever, South Carolina, ESPN, Sling, Hulu, Disney, Disney Plus, ExpressVPN, Indiana Fever Locations: Chicago
It comes at a time when women's sports generally — from basketball to soccer and even volleyball — are attracting new viewers. Last week's college women's basketball championship game between the Hawkeyes and the South Carolina Gamecocks, meanwhile, snagged more viewers than any basketball — women or men, college or pro — since 2019, ESPN said. It's not just women's college ball that's luring eyeballs. Attendance at US women's pro soccer games increased by 23% in 2023, according to National World Soccer League commissioner Jessica Berman. And that's just the start, according to hedge fund mogul Marc Larsry, who recently declared women's sports the next "big opportunity" for sports investing.
Persons: Big3, Caitlin Clark, Caitlin, Ted Lasso, Jason Sudeikis, Travis Scott, It's, Jessica Berman, Marc Larsry Organizations: University of Iowa, Business, Iowa Hawkeyes, Hawkeyes, South Carolina Gamecocks, ESPN, National World Soccer League, Deloitte, Wall Locations: Nebraska, Silicon
Learn moreThe 2024 NCAA men's ice hockey national championship is here after two exciting Frozen Four games earlier this week. Keep reading to learn everything you need to know about where to watch the men's NCAA ice hockey national championship. Where to watch NCAA men's hockey championship in the USThe NCAA men's ice hockey national championship will air on ESPN2 at 6 p.m. Shop at ESPNIf you don't have cable and would rather explore a live TV package, both Sling TV and Hulu + Live TV carry ESPN2. How to watch NCAA men's hockey championship with a VPNSign up for a VPN if you don't already have one.
Persons: we've, they'll, There's, Hulu's Organizations: Business, NCAA, Denver, Boston University, Boston College, Michigan, ESPN2, ESPN, Hulu, Disney Plus, Sling Locations: Denver
In 2021, college athletes in the NCAA gained the opportunity to benefit financially from their name, image and likeness — known as NIL regulations. The NIL era has allowed college athletes to save for the future and seek professional financial advice in a way many 18- to 22-year-olds can't. NCAA athletes hire agents and financial advisors to help them negotiate NIL deals, ushering in new financial responsibilities. Copeland is the CEO of Athletes.org, an organization that focuses on helping college athletes navigate this new world. Morgan Stanley's head of Global Sports and Entertainment, Sandra Richards, and her team work with several NCAA athletes.
Persons: Caitlin Clark, Matthew Holst, Olivia Dunne, Chase Griffin, Griffin, Jayne Kamin, I've, He'll, Brandon Copeland, Copeland, Morgan Stanley's, Sandra Richards, Richards Organizations: Iowa Hawkeyes, Ohio State Buckeyes, Carver, Getty, NCAA, Louisiana State University, University of Iowa, UCLA, UCLA Bruins, Arizona Wildcats, Rose, CNBC, NFL, CNBC Global Financial Wellness, Global Sports, Entertainment Locations: Iowa City , Iowa, Pasadena , California
Caitlin Clark: Iowa Hawkeyes to retire No. 22 jersey
  + stars: | 2024-04-11 | by ( Jacob Lev | ) edition.cnn.com   time to read: +1 min
CNN —The University of Iowa will retire Caitlin Clark’s No. “We always knew your jersey would be hanging in the rafters,” Goetz said. Clark will become the third Hawkeyes women's basketball player to have her jersey retired. “I look up in the rafters and I see that Final Four banner from last year,” Hawkeyes head coach Lisa Bluder said. The 22-year-old will become the third Hawkeyes women’s basketball player to have her jersey retired, after Michelle Edwards (No.
Persons: Caitlin Clark’s, Beth Goetz, ” Goetz, ” Clark, Clark, Steph Chambers, it’ll, Lisa Bluder, Cleveland, Michelle Edwards, Megan Gustafson Organizations: CNN, The University of Iowa, Carver, NCAA, women’s, WNBA, Hawkeyes, South, ” Hawkeyes, Cleveland ’ Locations: Iowa, South Carolina
In July 2021, in response to the new NIL legislation, Shanadi and McGurrin created a fourth brand specifically for athletes, Athlete's Thread. Courtesy of Karthik ShanadiDespite being their newest brand, Athlete's Thread, which makes merchandise co-branded with the college and the athlete, is already their most lucrative. Athlete's Thread allows any college athlete to essentially launch a personal merch store for free. After they sign up on the platform, the Athlete's Thread team builds out their catalog. As of March 2024, Athlete's Thread is licensed with 150 colleges and has about 14,000 student-athletes on its platform.
Persons: Karthik Shanadi, Shanadi, Luke McGurrin, McGurrin, LUKE SIRIMONGKHON, that's, he'd Organizations: Business, University of Florida, NCAA Locations: New York City
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