Jozy Altidore: From MLS Star to NFL Owner, Investing in Sports & Tech
Bloomberg PodcastsSeptember 11, 202527 min231 views
31 connections·40 entities in this video→The Business of Soccer and Global Events
- ⚽ Jozy Altidore views the recent Club World Cup in the US as a positive challenge for American soccer leagues, enhancing fan engagement and showcasing talent.
- 🌎 He believes the US is well-prepared to host major tournaments like the upcoming World Cup, focusing on the team's performance and the sport's growth as key questions.
- 📈 The success of soccer in the US is seen as a long-term endeavor, similar to the NFL's evolution, requiring strong grassroots infrastructure and consistent talent development.
Developing Talent and Youth Engagement
- 🌱 A major challenge for MLS is retaining young players past age 13-15, highlighting the need for gamified training and meeting kids at their level.
- 💡 Altidore emphasizes the importance of grassroots development and producing homegrown stars to elevate the league's quality and appeal.
- 🏠 His soccer tech training facility, Sogility, focuses on gamifying training to improve retention and fun for kids aged 6-18.
Transitioning from Athlete to Investor
- 🧠 Altidore credits his time at IMG Academy for instilling a strong work ethic, routine, and a desire for continuous learning, which he carries into his business ventures.
- 🌟 He identified his potential at 15 during the U-17 World Cup, realizing he could compete with top youth talent globally.
- 🤝 An influential moment was flying with Toronto FC owner Larry Tanenbaum, sparking his interest in business structures and entrepreneurship.
Sports Ownership and Investment
- 🏈 Altidore's interest in sports ownership began in 2018, leading him to learn the process of acquiring teams, eventually investing in the Buffalo Bills.
- 🤝 His investment in the Bills was a strategic fit due to his and partners' ties to the Toronto area and the NFL's interest in expanding there.
- ⛳ He is also involved in TMRW Golf League (TGL), seeing it as an innovative way to engage younger audiences with golf through sport and technology.
Future Vision and Deal Making
- 🚀 Altidore aims to build a stronger ecosystem for athletes transitioning into business, ideally collaborating with figures like Alex Rodriguez and Magic Johnson.
- 💡 His approach to deal-making involves continuous learning, humility, and respecting others' expertise, which has opened doors to new opportunities.
- 🏆 His ultimate goal is to contribute to winning championships, particularly with the Buffalo Bills, and to create lasting positive impacts through ventures.
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Transcript103 segments
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What’s Discussed
Jozy AltidoreMLSNFLBuffalo BillsSports OwnershipInvestmentSoccerYouth SportsGrassroots DevelopmentTGLEntrepreneurshipBusiness StrategyWorld CupIMG Academy
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