From 2019 to 2023, flag football participation grew 16% for younger age groups while tackle football participation declined 5%, making flag football the fastest-growing youth sport in America.
Where this was said
At 3:58:10 · chapter starts 3:57:51
The Washington Commanders' forced sale under Dan Snyder — triggered by sexual harassment scandals, financial improprieties, and ultimately a US congressional investigation — was the first domino. The NFL needed a buyer who could quickly produce $1.8 billion in liquid cash equity (30% of a $6 billion asset), find 20 additional limited partners to cover the rest, and fit the narrow profile of someone who both wanted to own a D.C. football team and could pass league vetting. Josh Harris of Apollo, already an NBA and NHL owner, fit the bill. But the experience exposed how fragile the ownership rules had become in a world of $6 billion valuations and billionaire-level liquidity requirements. [1] — David Rosenthal "The NFL approved only 4 private equity firms to own up to 10% of any franchise — and stipulated that when they exit, a portion of their ret…" 4:02:50 The NFL's response, in summer 2024, was characteristically genius: approve only four large private equity firms (Ares, Sixth Street, Carlyle, and one other), cap PE stakes at 10%, make them fully silent limited partners with zero operational control — and then, in the most audacious move of all, mandate that a portion of any PE firm's investment returns flows back equally to all 32 ownership groups. David Rosenthal calls it the 'ultimate pinnacle' of the NFL's collective capitalism ethos. Forbes now estimates average team values at $7.1 billion (up 60% in three years), total franchise valuation at $228 billion, and the revenue multiple at 10.7x — up from 6.4x just five years ago.
The NFL approved only 4 private equity firms to own up to 10% of any franchise — and stipulated that when they exit, a portion of their returns flows back to all 32 teams equally. It's the most audacious application of collective capitalism in sports history: the NFL turned PE desperation into a parity mechanism.
The NFL negotiated a rule where a portion of private equity returns from team investments gets redistributed equally among all 32 team ownership groups — an unprecedented 'carry' mechanism in sports.
Forbes estimates the average NFL team value at $7.1 billion in 2026, up from $4.5 billion when the original episode was recorded in January 2023 — a 60% increase.
Thomas's wife is already ranked in the top 2,000 CrossFit athletes in the world — roughly the top 1% — and Thomas wants her to pursue the sport professionally now that he is graduating law school.
Research shows athletes who mentally imagine practicing basketball or soccer have better performance than those who do not include imagination in their training.
Rico Verhoeven dominated approximately 10 of 12 rounds against undisputed heavyweight boxing champion Oleksandr Usyk before a controversial post-bell stoppage.
Rico's appeal confirmed the fight was stopped after the bell rang, and the ringside doctor found no concussion or disorientation — yet the result was never overturned.
Glory Kickboxing uses 5 judges rather than boxing's 3, which Joe Rogan argues reduces the chance of a corrupt or incompetent minority swinging the result.
Rico Verhoeven had only one professional boxing match before fighting undisputed heavyweight champion Oleksandr Usyk for the WBC title.
Despite having just one pro boxing match, Rico Verhoeven had been training boxing for 15 years alongside his kickboxing career.
Rico used a full 6 months to transition from kickboxing stance to a proper boxing stance under trainer Peter Fury, calling it essential rewiring.
Rico Verhoeven has had approximately 75 professional kickboxing fights, giving him a massive combat sports experience advantage over pure boxers.
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