Welcome to the first episode of The Sports Umbrella, where host Kelly Okun interviews Craig Brown about NIL, athlete wealth management and more. Craig is the Managing Principal and Founder of the Galway Family Office and a former baseball player.
Craig shares insights from his own athletic career and transition to wealth management, emphasizing the importance of financial literacy, planning for early retirement and the intricacies of NIL deals. The discussion also delves into the critical role of regulatory oversight in protecting young athletes’ financial futures.
If you’re an athlete going into the collegiate or professional ranks and want to avoid the typical financial pitfalls – especially in NIL – or you are simply interested in learning more about how wealth management for athletes differs from that of high-net-worth individuals, this episode is for you!
The Sports Umbrella is a Fairway to Green podcast sponsored by GalwayPlus.
Chapters:
[00:37] Meet Craig Brown: From Baseball to Wealth Management
[05:04] The Unique Challenges of Managing Athlete Wealth
[16:26] The Impact of NIL on Young Athletes
[22:31]The Future of NIL Regulations and Athlete Advocacy
