A potluck of stories
Good morning. Today's newsletter is as varied as a Midwestern potluck.
While we're not experts in every sport, we love learning about and celebrating all sports at CG Sports Co.
Here are a few of our favorite stories from the last week:
13-year-old Arisa Trew became the first female to land a 720 trick.
A Colorado ski resort collected enough old snow to open and offer riding opportunities for the Fourth of July weekend.
Wimbledon has begun. Novak Djokovic will be swinging towards a potential 24th Major title.
The Tour de France has launched, with Belgian Jasper Philipsenclaiming stage four.
Domingo German of the NY Yankees threw the 24th perfect game in MLB history.
We tip our sparklers to you if your OOO email signature is still on.
Enjoy your week!
-- Taylor and the CG Sports Co team
P.S. Nervous about missing upcoming news from CG Sports? Follow us on Instagram (@cgsportsco), Facebook (CG Sports Management), and, of course, our weekly newsletter.
3 Ways to Support Pro-Athlete Mental Health
As seen by HBO's documentary "The Weight of Gold", the strain on an athlete's mental health comes from many areas. Training, competing, putting your life on hold, media attention, financial instability, sponsor commitments and not to mention social media.
One big area that stood out to me was the uncertainty athletes face of what to do once they are done competing. Many athletes describe it as "having to start all over" and feeling like they "wasted" valuable time.
Here are three ways that we can continue to support athletes with this post career uncertainty while preparing them for the next phase in their lives.
1. Pro-active financial wellness education: There is a misconception as a professional athlete that you need to be making millions in order to have financial stability or basic wealth management. Managing your finances is about setting goals and implementing the right habits that will ensure you hit those goals. Offering more programs or partnerships with companies that can lend their financial education resources to Olympic athletes will do wonders in easing the post athletic career pressure.
2. Health Insurance: National Team and Olympic athletes are able to have health insurance through their NGB during their active careers. However this usually runs out within a few months of their final competition. Not only are athletes left figuring out what to do financially, they also have to find new health insurance. An initiative we are currently pursuing is for health insurance providers to offer plans for athletes entering the "transitional" phase of their career upon leaving the National Team. Many athletes retire after the age of 26 and this type of programming would allow them stability while they begin to pursue their professional career outside of sports.
3. Develop the Brand Early: Athlete branding is the name of the game. Too many athletes wait until they are done competing before establishing their brand basics. Key marketing assets such as a personal logo, website, mission statement, merchandise and charitable partners can all be established early in an athlete's career. Helping athletes capitalize on this while they are still competing can lay the foundation for a strong business career in retirement.
MAC Sports Travel
Have you ever dreamt of watching tennis from the stands of Wimbledon or the Australian Open? What about supporting your favorite pro golfer at the Ryder Cup or the Masters?
Since 2001, MAC Sports Travel has been helping tennis and golf fans make their dreams come true. Each travel package includes hotel and airfare coordination, tickets to your selected event, event experts, event add-ons, and more.
Visit macsportstravel.com to view all 2023 packages and to begin planning your dream sports vacation!
Champion's Mojo, Episode #215: "Timeless Tale of Triumph and Togetherness: World Champion Cav Cavanaugh"
Masters swimming legend Cav Cavanaugh, an 87-year-old world champion, has been making big waves in the pool for an incredible 80 years! Cav shares with us the secret to his success, which goes beyond just competing – it's all about the camaraderie and friendships he has built throughout his eight decades as a swimmer.
Join us for this heartwarming conversation as Cav learns about breaking a 40-year-old record from his champion swimmer wife, Debbie. They have been supporting each other as a couple in their swimming journeys for decades. This episode is an inspiring testament to how swimming can be a lifelong passion that brings people together, and how age is just a number when it comes to chasing your dreams.
You are sure to be inspired and gain some valuable insights.
Catch up on EVERY episode at ChampionsMojo.com.
Bobby Marks - ESPN NBA Front Office Insider
Bobby Marks (@BobbyMarks42), ESPN NBA Front Office Insider and former NBA front office executive (Spent 20 years working in the NBA, including 5 years with the Brooklyn Nets) joins Sports Business Radio to do a deep dive on the NBA’s new Collective Bargaining Agreement, which went into effect on July 1, 2023. From making it more difficult to build a superteam, to explaining what the “second apron is,” to walking us through revenue sharing amongst the NBA’s 30 teams, Marks gives us a thorough tutorial of the NBA’s new economics.
Catch up on EVERY episode online!