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Share to Twitter Share to Linkedin Faster, higher, stronger: It’s an attitude that pays off on the field as well as off it. The world’s 50 highest-paid athletes raked in $2.97 billion before taxes and agents’ fees over the 12 months ending May 1, smashing 2021’s record total of $2.76 billion. This year’s list features many more notable numbers, however. Here’s a breakdown. 3: The number of athletes who surpassed $100 million in total earnings over the last 12 months. LeBron James, with $121.2 million, reaches the milestone for the first time on the Forbes athletes list while Lionel Messi ($130 million) and Cristiano Ronaldo ($115 million) are each five-time members of the century club. Only seven other athletes have ever accomplished the feat: Roger Federer, Floyd Mayweather, Conor McGregor, Neymar, Manny Pacquiao, Dak Prescott and Tiger Woods. 6: The number of athletes in the top 50 who had never appeared on a Forbes athletes list: … [Read more...] about The 50 Highest-Paid Athletes Made Nearly $3 Billion; Here’s A Breakdown Of The Numbers

Share to Twitter Share to Linkedin I have wanted to take the opportunity for this week’s piece to pivot away from inflation for a moment and discuss a topic that is coming up often enough it bears sharing some observations. A colleague recently asked an ecommerce executive at a marquis luxury brand, “What topic would you most like to know more about?” The response was quick. “The metaverse. It’s on everyone’s mind,” they said. “It’s the hot new thing. But what will it look like? For example, what does it mean for in-store versus online sales?” For most retailers, the metaverse is a fuzzy, mind-bending concept that is hard to define. But experts promise that it will one day mean everything. For now, roughly half of US consumers know little to nothing about the metaverse. If they’ve heard of it, likely it was last summer, 2021, when Facebook rebranded its corporate self as Meta. Overnight, the metaverse (also referred to as Web3) became a “thing” … [Read more...] about Gen Z Set To Lead Retailers Into The Metaverse

Even when Matt Damon’s Crytpo.com ad first launched on October 28, 2021, it was widely seen as laying on the heavy-handed hero-worship a bit thick. In the spot, the Oscar winner compares investing in crypto to milestones like the invention of human flight and space travel. advertisement advertisement “History is filled with almosts,” says Damon in the spot. “With those who almost adventured, who almost achieved, but ultimately for them it proved to be too much. Then, there are others. The ones who embrace the moment and commit.” Now, if you bought $1,000 of Bitcoin when that ad launched, that same investment would be worth about $500 today. The price of Bitcoin and other cryptocurrencies has taken a nosedive over the past week, wiping out about $600 billion in market capitalization. If there were eye-rolls and giggles at the self-severity of the Crypto.com spot at the time, it now seems as if no amount of puke emojis would be enough to describe … [Read more...] about Crypto crash draws fresh outrage over celebrity endorsements that didn’t age well

Share to Twitter Share to Linkedin According to research, Black people account for 12% of alcohol sales but only 7.8% of the workforce and 2% of executives. While Black Americans drink spirits at the same rate as white Americans, they are treated unequally in the beverage industry. However, the spirits industry is undergoing a historic shift right now, with Pronghorn at the helm. Dia Simms, Erin Harris, and Dan Sanborn founded the stand-alone company to advance diversity, equity, and inclusion in the alcohol industry while also generating wealth and driving acquisitions. Pronghorn will act as a hybrid incubator and accelerator, making capital investments while also providing supercharging capabilities that allow brands to tap into industry-leading expertise and resources. Pronghorn, like the animal after which it is named — the second fastest animal on the planet, known for its ability to run long distances — is dedicated to completing the task at hand. … [Read more...] about Lobos 1707 CEO Dia Simms Is Leading A $2.4 Billion Diversity Plan In The Spirit Industry With Pronghorn

Share to Twitter Share to Linkedin While many methodologies are used to close a sale, there is perhaps no more valuable tool than personal experience—-it's much easier to speak to a product's strengths if one has an intimate knowledge of it. That's why car salespeople are encouraged to take what's on the lot out for a test drive or why sommeliers ought to have tried every wine on the menu. But for luxury real estate agents, especially those with listings in neighborhoods like Holmby Hills or Bel-Air, where mega-mansions can go for upwards of $50 million, firsthand experience is not exactly an option. That's unless you're Sam Palmer. Palmer, who recently joined Beverly Hills-based luxury brokerage Hilton & Hyland 's Partridge Estates Group as a first time agent, is perhaps the only real estate agent in the world whose experience with $100-million listings goes beyond the professional and into the personal. He and his fiancé, Formula One Racing heiress … [Read more...] about How This Lifestyle Entrepreneur Went From Living In To Selling Los Angeles’ Most Expensive Homes

Share to Twitter Share to Linkedin Former financial advisor Harvey Wolff realized his deep-fried seafood dream when opening Proper Fish this spring, adding a bright spot to the Pacific Northwest’s culinary landscape. Only beef with this wildly popular restaurant? It’s not exactly easy to reach, requiring a 35-minute ferry ride across the Salish Sea. Well Worth The Trip Wolff first made a big splash when he rolled out Nosh the Truck in 2013, back when Seattle’s food truck scene was just waking up. The London native introduced British-style fish and chips like none other served in this seafood savvy region. The chef has mastered the art of hand-cutting massive fillets of Bering Sea cod, dipped in a batter spiked with beer. Fried golden, the fish is perched on fat, hand-cut fries made with Idaho russets. Picture something in between a steak fry and a shoestring. Well, a shoestring if it were attached to LeBron James ’s sneakers. The big finish on this … [Read more...] about Scoring Seattle’s Best Fish And Chips Requires A Ferry Ride

Share to Twitter Share to Linkedin Topline One of the rarest and most valuable rookie cards of basketball legend Michael Jordan is expected to sell for as much as $3 million when it goes to auction next month as the market demand for sports memorabilia continues to ramp up, particularly for items tied to Jordan in the wake of the popular 2020 documentary series The Last Dance . Key Facts A Michael Jordan Upper Deck Signed 1986 Fleer #57 Rookie Card in top condition is estimated to sell for between $2 million and $3 million as part of a special online-only auction next month at Christie’s, the auction house said. If the card sells within that seven-figure price range, it will rank among the most expensive trading cards ever sold, led by a Lebron James Rookie Patch Auto Parallel card that fetched a record-breaking $5.2 million last year. Between 2006 and 2007, buyers who were lucky enough to pull a rare Fleer 20th anniversary card … [Read more...] about Rare Michael Jordan Rookie Basketball Card Could Sell For Up To $3 Million At Auction

Share to Twitter Share to Linkedin Oklahoma City Thunder guard Josh Giddey had a spectacular rookie season. The second-youngest player in the NBA during the 2021-22 season, he proved to be one of the most promising prospects in the league. As such, Giddey earned Kia NBA All-Rookie Second Team honors on Wednesday night. He became one of ten rookies to be named to an NBA All-Rookie team and made Thunder history as the fourth player in franchise history to earn NBA All-Rookie team honors. First Team: Scottie Barnes (Toronto) Cade Cunningham (Detroit) Jalen Green (Houston) Evan Mobley (Cleveland) Franz Wagner (Orlando) Second Team: Ayo Dosunmu (Chicago) Chris Duarte (Indiana) Josh Giddey (Oklahoma City) Bones Hyland (Denver) Herbert Jones (New Orleans) A starter from day one in Oklahoma City, Giddey immediately made it clear why he was the No. 6 overall pick in the 2021 NBA Draft. With a unique combination … [Read more...] about Future Thunder Star Josh Giddey Earns NBA All-Rookie Second Team Honors

The NBA has fined the Dallas Mavericks $50,000 for the way their bench behaved during the team’s game seven victory over the Phoenix Suns on Sunday. The NBA stated that on multiple occasions members of the Dallas Mavericks bench had stood too far away from their seats and also encroached too closely to the playing court in their decisive 123-90 victory , in their statement they posted to Twitter on Wednesday. The following was released by the NBA. pic.twitter.com/oLcs2pNeRT — NBA Communications (@NBAPR) May 18, 2022 The hefty fine comes shortly after a similar incident that occurred on May 6 where Mavericks bench players were again swaying too far away from the bench. The was fined $25,000. Head coach of the Dallas Mavericks Jason Kidd said , “I know about the fine. Just trying to figure out what we did wrong to get the fine.” he added, “I mean, who complained? It was a blowout, so I don’t think the fans were complaining. I thought the guys did what they were … [Read more...] about NBA Fines Dallas Mavericks $50K For Bench Behavior During Closeout Game Over Phoenix Suns

- A + A NEW YORK (May 19): Last fall, on the advice of a friend, Odosa Iyamuosa invested his life savings of US$4,000 in a cryptocurrency called Luna. The 28-year-old, who lives in Abuja, Nigeria, researched the coin himself online, and what he found seemed promising. Luna’s price was soaring, thanks to the success of another coin with which it was deeply intertwined, TerraUSD. Some of the crypto industry’s biggest names had already invested, including Galaxy Digital Holdings Ltd, the high-frequency-trading firm Jump Trading, and venture investment arms of the exchanges Coinbase Global Inc and Binance. For Iyamuosa, it seemed like his best hope to get out of Abuja, where he says many jobs pay just US$2 a day, or less. He’d scraped together a little money selling knockoff Nike and Adidas sneakers to local buyers he found on Instagram. He wanted to increase his savings to US$16,000 and enroll in a data-analytics programme at a college in Toronto so he could get a job … [Read more...] about A US$60 bil crypto collapse reveals a new kind of bank run