Chris Williams

Better everyday

[Chris Williams @ChrisWillJam]

Sometimes the answer to your problems is to grow up a little bit.
#MaturityPrescription

[Mark Cuban @mcuban]

The crazy part, is that no matter what the WNBA does with salaries, every star college player will take a pay cut to play in the WNBA

I asked a few ADs what the going rate is for the star player on a power conference WBB team -$500k to $1.2m.

And, you are always a free agent with the portal. You get your room and board paid for. And you can get a good education if you work at it.

It’s all subsidized by donors and shared school revenues. Which makes it more similar to Europe, where companies subsidize teams , than to the WNBA

In the NBA, a team can’t go to a sponsor and negotiate a direct payment deal for a player. In college they effectively can with NIL money. When I have written checks to IU, I knew which players were trying to get with the money (although I never tie the money to specific players. It’s up to them )

The WNBA needs to look at allowing the same thing. Let the teams go to local sponsors and work out payments to players as part of sponsorship packages.

The big name players have agents to do this. The rest make minimal amounts. With or without an agent.

Let WNBA teams pay “NIL” money to its players.

It’s counter intuitive for NBA folks, but here is the issue. WNBA teams don’t have the margin dollars from tickets, sponsors and shared revenues like tv to pay bigger salaries using their own cash flow.

With help from the league , they could create NIL deals with sponsors that go directly to the players. From the sponsors.

Make it legal. Create a cap per player, based on years of experience.

Yes, some teams will suck at it, that’s where the wnba comes in to help. They will suck at it as well for some period. But like collegiate NIL, the sponsorship packages will supplement player salaries without undermining the economics of the teams and league itself.

The next question will be competitive balance issues. The big markets can do this better. They have a great addressable market for sponsors. The wnba could require that some percentage of the NIL money deals go into a pool for a version of revenue share.

This is effectively what happens (or did ) with jersey ads. I remember advocating that the jersey ads be split with all teams, because the greatest value to sponsors comes not from local tv or games, but from national tv, playoffs and jersey sales.

This would be similar.

Obviously I’m just spitballing this , but if they came on shark tank , that’s what I would suggest !

What do you think ?

[Chris Williams @ChrisWillJam]

@DearS_o_n Real talk

[Chris Williams @ChrisWillJam]

Have you taken this today yet?

[Chris Williams @ChrisWillJam]

@KevinGarnett5KG I miss the Shawn Kemps of the world but I agree this new lens is amazing. We old heads gotta appreciate this time.

[Chris Williams @ChrisWillJam]

Focus on solutions.

[Chris Williams @ChrisWillJam]

From Lost Bookings to Travel Hacks: Chris and Tammara's Resort Adventures https://t.co/liIUIMUIBy via @YouTube

[Chris Williams @ChrisWillJam]

You want to see this!

https://t.co/KAsynPBn6v

[Chris Williams @ChrisWillJam]

New episode drops tomorrows!

You watching?!

https://t.co/jfbJOPdujj

[Alex Hormozi @AlexHormozi]

If you grow without fixing your problems, you grow your problems.

[Chris Williams @ChrisWillJam]

@mcuban The architect that many young ones should learn from.

[Chris Williams @ChrisWillJam]

It’s wild to me how people don’t associate results with long term consistency these days.

[Alex Hormozi @AlexHormozi]

Games to avoid:

1) “who had it harder”
2) “who fights more biases”
3) “who has the most mental disorders”

These are games where if you win, you lose.

[Codie Sanchez @Codie_Sanchez]

I wasn't into...
• Investing, until I worked at Goldman.
• Latin America, until I built there.
• Cannabis, until I ran a PE fund.
• Boring biz's, until I saw the cashflow.

You have no idea what you’ll be into, until you try it.

So just go try.

[Chris Williams @ChrisWillJam]

All I have to say is @mcuban is a real one.

[Chris Williams @ChrisWillJam]

@LyftGyft @Ford @jimfarley98 @elonmusk You are living the life my friend!

[Chris Williams @ChrisWillJam]

This @dallasmavs vs @LAClippers game is 🔥🔥🔥🔥🔥

[Alex Hormozi @AlexHormozi]

Money loves speed.

Wealth loves time.

Poverty loves indecision.

[Russell Brunson @russellbrunson]

Think too much and you will create a problem that wasn’t there in the first place

[Alex Hormozi @AlexHormozi]

Entrepreneurship is a test of will not intellect.

It’s about having the strongest stomach more than the biggest brain.

[Chris Williams @ChrisWillJam]

Ever driven 30 miles to save $1? Sounds like a game strategy gone wrong. 🚗💨 Like in basketball, focusing too much on small saves can make you lose sight of the real score. 🏀 Are your savings actually costing you? #StrategicSavings #ThinkBigger