3.9 • 2.2K Ratings
🗓️ 9 April 2021
⏱️ 16 minutes
🧾️ Download transcript
If you’ve been near a screen in the last six months or so, there’s a pretty decent chance you’ve heard the terms NBA Top Shot and NFT, which have star athletes ranging from Rob Gronkowski to Patrick Mahomes to Bryson DeChambeau getting in on the action. Today, The Athletic’s Bill Shea explains exactly what NBA Top Shot and NFTs are, why pro sports leagues are supporting them, and whether the whole thing — like Beanie Babies — is a bubble.
Read Bill Shea’s story about NBA Top Shot and NFTs: https://theathletic.com/2484646/2021/03/30/bitcoin-crypto-nfts-ethereum-sports-business/?source=theleadpodcast
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0:31.0 | It's a weekly show where we deep dive into the most talked about cases like the Delphi murders, |
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0:40.0 | Go listen to Redhanded right now on Amazon Music or wherever you get your podcasts. |
0:46.0 | If you've been anywhere near screen in the last six months, you've probably heard the terms NFT and NBA Top Shot. |
1:00.0 | Instead of collecting cards with the players likeness and stats, the sport is letting fans buy a piece of the action. |
1:07.0 | It may sound confusing. It is. It kind of is. Yeah. That's the point. So far it's breaking in big bucks. |
1:12.0 | Today, the Athletics Bill Shade does the impossible and explains what these things are, |
1:17.0 | why pro sports leagues support them and whether they're here to stay or just a passing fact. |
1:23.0 | It is a gold rush right now and everybody's looking to capitalize on this because it looks like relatively easy money. |
1:29.0 | How long things like NFT remain sort of a public darling that's anybody's guess. |
1:35.0 | From Wondery and the Athletic, I'm Serena Morales sitting in this week. It's Friday, April 9th, and this is the lead. |
1:46.0 | It felt like something great was happening. |
1:50.0 | There was just something about the emotion and the |
1:54.0 | emotion of the past don't matter because we've got this. This isn't a story where the interview, the athlete, the home, it stays with you. |
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