Jaylen Brown says players should be able to own equity in teams because they help increase the value of NBA franchises
“Players should be able to invest alongside ownership groups and business opportunities. I don't understand why that’s ever been a thing. It's like you’re an athlete and they make it seem like they can control how much wealth or growth that you could actually accumulate. I think that's wrong”
“I also think that any other major corporation, if you work for Apple, Nike or anywhere, if you're a CEO, if you're someone who has been on a board for a large amount of time, you get equity in a company at some point. You are part of it”
“I think athletes should be looked at in the same way. You played for the Celtics for 20 years, you should get a piece of equity because you helped accumulate the growth. That's the part that gets lost in translation. The sweat equity you put in. You get compensated for doing your job, but you don't get compensated for the growth. At major corporations and companies you do, or at least some of the big ones”
Reminder that shit like this is happening because Trump’s budget cuts to agencies like the FDA. Our food is less regulated now because of his choices as a leader.
✅ 5x All-Star
✅ 2x All-NBA Second Team
✅ ECF & Finals MVP
✅ NBA Champion
The impact you made both on and off the court will forever be felt by the city of Boston and Celtics fans everywhere.
Thank you to one of the all-time great Celtics, Jaylen Brown ☘️
A consistent theme from Jaylen’s comments tonight has been his connection to the city of Boston. It wasn’t just superficial. There are few players in the NBA who have invested so deeply into socioeconomic change in the way he has. He has gone way beyond giving money or even time. He took on the mission of evolving Boston and making it a more equitable place for minorities. So much of what he did in his new home served a bigger purpose. You could see it in how much time he dedicated to talking with kids when he put events together, or how he held meetings quietly behind closed doors with people in positions of power to advocate for policy change. Like, look at what he did with his extension signing at his Bridge program, or his sneaker unveiling at the museum of science that featured a panel on science education with Bill Nye. Him getting traded has a much bigger effect on the city than just losing a beloved player. I’ve been back in Boston this week and seeing so many people I know in the political and creative space be devastated by this trade because they valued him as much as a leader in the community as an athlete. And that’s why the character assassination stuff he called out on his stream was so prescient. I’ve seen him constantly put himself in rooms where it was clear his intent was to grow and to share, not to be the smartest person there. I remember when he spoke on the education system at MIT when he first got to Boston, struggled to get his presentation out cleanly, then kept improving and growing as a thought leader from there. From the beginning, he put himself out there trying to implement change in the community and he built a legacy few athletes have. It’s honestly the first thing I think of when I think about his time in Boston.
It is so incredibly easy to poke at the actual basketball stuff when it comes to Jaylen Brown (off-ball defense, for example)
I do not understand why it has to go so far in the other direction.
It’s nasty.