EYL #163 High School Basketball League Pays Teens Six Figures
Earn Your Leisure
iHeartPodcasts
4.9 • 7.9K Ratings
🗓️ 8 December 2021
⏱️ 64 minutes
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Summary
OTE has become a revolutionary new force in the world of sports. It’s a professional basketball league for high school students. It’s located in Atlanta and has three teams of high school students, who all earn six-figure salaries. The players could make up to seven figures, depending on bonuses and outside endorsements.
For episode 163, we visited the revolutionary OTE and spoke with commissioner Aaron Ryan and one of the star players, Bryson Warren. We talked about the business model of the league, the athletes becoming pros as teenagers, the ins and outs of the daily routine, merchandise sales, equity ownership for athletes, and more. This is a must-see conversation. #ote #basketball #highschoolbasketball
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Transcript
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| 0:00.0 | I'm Bob Pittman, Chairman and CEO of IHART Media. |
| 0:04.4 | I've spent my life building brands and running companies like IHART Media, MTV, Casa |
| 0:10.0 | Dragones de Quila, America Online, AOL Time Warner, Six Like Steam Parks, even Century 21 |
| 0:15.6 | Real Estate. |
| 0:16.6 | I love to study others who've been in the trenches doing the same thing. |
| 0:20.2 | That's where my podcast, Math and Magic comes in. |
| 0:23.2 | Each week, we'll hear from business leaders like Christian Jewel, Global CEO of Group |
| 0:27.9 | M. |
| 0:28.9 | Important Beheder, People Realized. |
| 0:30.5 | It's okay to fail. |
| 0:31.5 | And it comes out Silicon Valley. |
| 0:33.3 | Listen to Math and Magic on our very own free IHART Radio app, Apple Podcast. |
| 0:38.3 | Or wherever you get your podcast. |
| 0:40.5 | You as a player, knowing that at 17, you got that many people watching you when your brothers |
| 0:45.7 | perform. |
| 0:46.7 | What's that? |
| 0:47.7 | Like, because I'm thinking about the NFL Combine and the NBA Combine. |
| 0:50.9 | These are like, Juniors and seniors in some freshmen in college and they fold under pressure. |
| 0:55.6 | What is it like as a 17 year old going through that? |
| 0:58.3 | I mean, they told us they were going to be there. |
| 1:00.4 | When we first came, they said, that's, they're going to be there. |
| 1:03.0 | So we've been putting the work in. |
... |
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