MVP 017 - Stavros Katsantonis, Professional Athlete (CFL)
Stavros Katsantonis is a professional athlete in the Canadian Football League with the Hamilton Tiger-Cats. In this episode, we talk about the intricate world of contract negotiations, money mistakes and advice for athletes, and personal branding in the realm of sports.
Episode Highlights
Contract Negotiations and Player Value
Stavros discusses recent contract negotiations with the Tiger-Cats
Highlights the extended process involved in securing the contract extension
Explores how players assess their value compared to others
Emphasis on the role of agents and understanding rights and contract terms
Financial Challenges of a Pro Athlete
Stavros shares insights on the financial challenges faced by professional athletes
Discusses finding short-term rentals in new cities and managing household expenses
Navigating the financial complexities of CFL pay schedule
Explores challenges with being paid per game and the modest base salary for CFL rookies
Highlights the importance of frugal living and budgeting, especially during the pandemic
Athlete Finance Management and Branding
Discussion on the significance of living below one's means
Making thoughtful choices in brand selection for potential sponsorship deals
Stavros provides advice on monetization strategies for smaller creators
Emphasizes the consistency required for content creation
Insights into financial management for rookies, stressing the importance of saving money
Establishing partnerships with financial institutions for long-term financial stability