The post How Blake Corum Is Changing The Way Young Athletes Make Money appeared on BitcoinEthereumNews.com. NEW ORLEANS, LOUISIANA – DECEMBER 01: Blake Corum (22) of the Los Angeles Rams warms up prior to a game against the New Orleans Saints at Caesars Superdome on December 01, 2024 in New Orleans, Louisiana. (Photo by Chris Graythen/Getty Images) Getty Images To be transparent, when I found out that I would be interviewing Los Angeles Rams running back Blake Corum, I wasn’t jumping with joy. As a loud and proud Michigan State University graduate, it felt unpatriotic to entertain a conversation with the man who nearly won the Heisman while sporting a Michigan Wolverines uniform. However, what began as a mere execution of my journalistic duty turned into one of the most riveting conversations I have had in quite some time. Blake Corum Is More Than Just A Great Running Back You see, Corum isn’t your run-of-the-mill college football star turned NFL pro. Yes, he is a physical anomaly whose frame is just as daunting on a Zoom call as it is to defenders trying to tackle him in the open field. But he’s also a savvy businessman and aspiring real estate mogul. Corum revealed to me that he’s hardly had to spend any of the money he made in NIL during college. Instead, he lives off the profit he’s made from the investments he used his money for. In one instance, Corum even negotiated an NIL deal that involved giving him a two percent stake in a real estate venture, which now nets him between $15,000 and $20,000 a year. To Corum, it isn’t about how much money you make. It’s about how you grow that money after the fact. Cash flow and equity reign supreme in his kingdom. Corum advocates for his football brethren to say “no” to the $20,000 chains and “yes” to joint real… The post How Blake Corum Is Changing The Way Young Athletes Make Money appeared on BitcoinEthereumNews.com. NEW ORLEANS, LOUISIANA – DECEMBER 01: Blake Corum (22) of the Los Angeles Rams warms up prior to a game against the New Orleans Saints at Caesars Superdome on December 01, 2024 in New Orleans, Louisiana. (Photo by Chris Graythen/Getty Images) Getty Images To be transparent, when I found out that I would be interviewing Los Angeles Rams running back Blake Corum, I wasn’t jumping with joy. As a loud and proud Michigan State University graduate, it felt unpatriotic to entertain a conversation with the man who nearly won the Heisman while sporting a Michigan Wolverines uniform. However, what began as a mere execution of my journalistic duty turned into one of the most riveting conversations I have had in quite some time. Blake Corum Is More Than Just A Great Running Back You see, Corum isn’t your run-of-the-mill college football star turned NFL pro. Yes, he is a physical anomaly whose frame is just as daunting on a Zoom call as it is to defenders trying to tackle him in the open field. But he’s also a savvy businessman and aspiring real estate mogul. Corum revealed to me that he’s hardly had to spend any of the money he made in NIL during college. Instead, he lives off the profit he’s made from the investments he used his money for. In one instance, Corum even negotiated an NIL deal that involved giving him a two percent stake in a real estate venture, which now nets him between $15,000 and $20,000 a year. To Corum, it isn’t about how much money you make. It’s about how you grow that money after the fact. Cash flow and equity reign supreme in his kingdom. Corum advocates for his football brethren to say “no” to the $20,000 chains and “yes” to joint real…

How Blake Corum Is Changing The Way Young Athletes Make Money

Los Angeles Rams v New Orleans Saints

NEW ORLEANS, LOUISIANA – DECEMBER 01: Blake Corum (22) of the Los Angeles Rams warms up prior to a game against the New Orleans Saints at Caesars Superdome on December 01, 2024 in New Orleans, Louisiana. (Photo by Chris Graythen/Getty Images)

Getty Images

To be transparent, when I found out that I would be interviewing Los Angeles Rams running back Blake Corum, I wasn’t jumping with joy. As a loud and proud Michigan State University graduate, it felt unpatriotic to entertain a conversation with the man who nearly won the Heisman while sporting a Michigan Wolverines uniform.

However, what began as a mere execution of my journalistic duty turned into one of the most riveting conversations I have had in quite some time.

Blake Corum Is More Than Just A Great Running Back

You see, Corum isn’t your run-of-the-mill college football star turned NFL pro. Yes, he is a physical anomaly whose frame is just as daunting on a Zoom call as it is to defenders trying to tackle him in the open field.

But he’s also a savvy businessman and aspiring real estate mogul. Corum revealed to me that he’s hardly had to spend any of the money he made in NIL during college. Instead, he lives off the profit he’s made from the investments he used his money for. In one instance, Corum even negotiated an NIL deal that involved giving him a two percent stake in a real estate venture, which now nets him between $15,000 and $20,000 a year.

To Corum, it isn’t about how much money you make. It’s about how you grow that money after the fact. Cash flow and equity reign supreme in his kingdom. Corum advocates for his football brethren to say “no” to the $20,000 chains and “yes” to joint real estate endeavors. The kind that can bring you consistent income for the rest of your days.

Corum is dedicated to his craft as an NFL running back. During training camp, he even keeps his phone in his locker to avoid any outside distractions from the day-to-day grind. But Corum also understands that this life can’t last forever, and that he needs to have income in place to last him long after his playing days.

Blake Corum, PeakNIL.

Jake Waks.

Speaking of real estate, Corum has been diligently building his portfolio through his company, Rectortown Enterprises. Alongside his father, James (who, from an early age, instilled in his son the value of investing in property), Corum owns over a dozen single-family homes. Together, the father/son duo personally oversees and participates in the entire renovation process – to ensure that these houses are suitable for the future families that live in them.

Being so deeply entrenched in the real estate world, Corum is acutely aware of the housing crisis and the difficulties many families face in trying to own their own home. As a result, he is currently pushing for a program at the University of Michigan where the school acquires old houses for athletes to have the chance to witness the rehabilitation process firsthand. After the houses were revamped, they would then be donated to a family in need. This would both help combat the housing crisis while also allowing young athletes to learn more about fixing up houses.

Corum’s insights on investing and real estate are sentiments that I will (admittedly) try to implement in my own life. But what really blew me away is Corum’s new project, which could change the entire way we think about NIL.

Peak NIL Could Change The Entire NIL Landscape

Much to my chagrin (and that of all Sparty faithful), Corum is one of the most well-accomplished college football players of the last decade. And since NIL only became legal in July of 2021, few athletes have benefited from the ability to profit off their name, image, and likeness the way that Corum has.

For some people, this level of success may make them ignorant to the plight of the less fortunate. However, it has had the opposite effect on Corum.

“When I was in college, I wouldn’t do a deal for less than $50,000,” Corum revealed to me. “But, for a lot of guys, all they want is $150. This really bothered me because those players don’t put in any less work than I do. They just don’t have the same platform that I’ve been blessed with. Being the type of person who always likes to help others, I felt like I needed to do something.”

Here’s one thing you need to know about Corum. He isn’t just some social media ally. He puts his money where his mouth is. This brings us to PeakNIL.

“Peak NIL is a two-way marketplace, where brands and athletes can come together on one platform. In college, Celsius gave me an NIL deal for 60,000 dollars. That’s $60,000 for promotion on one social media account. With Peak NIL, we gather up hundreds of athletes (across all different college sports) and have them split that 60,000. This gives more people a piece of the pie and gives these companies more exposure because one hundred college athletes are going to have a larger following than just my one account. So, it’s a win for both parties.” Corum explained.

Blake Corum, PeakNIL.

Jake Waks.

As I’m sure Corum would gladly reaffirm, sports are all about having a great team, not just great players. And this ambitious idea never would have been able to come to life had it not been for the help of Corum’s fellow co-founders – Gregory D. Jackson (Co-Founder & Chief Executive Officer) and Brian Siegrist (Co-Founder & Chief Revenue Officer).

Funny enough, Jackson and Siegrist met one another in a PlayStation chat nearly a decade ago. Given Jackson’s experience as a coder (he actually helped build Linkedln’s website) and Siegrist’s expertise in business, the two eventually began collaborating on what is now PeakNIL. Soon enough, they were introduced to Corum through a mutual friend. The two offered him a spot as an advisor. But Corum recognized that this is exactly the kind of cause he was looking to pour his soul into. He requested a larger role, and now here he is today as PeakNIL’s Chief Operations Officer.

“I remember, I told them, ‘I can do more than just an advisory role.’ This isn’t some car dealership that I know nothing about. NIL is right up my alley. Very few athletes understand it as well as me,” Corum exclaimed.

Now, here we are today. PeakNIL has just completed its beta phase (raising seven figures during their safe round), and they are ready to change the way we think about NIL forever. It’s time for them to push the pedal to the metal and go full-throttle in their quest to help athletes all around the country acquire sponsorship opportunities.

I’m calling all brands right now,” Corum proclaimed. “Let us help your brand with our athletes.”

“I really think this is going to be the next big thing.”

For those interest in learning more about this program, be sure to visit their website, peaknil.com.

Source: https://www.forbes.com/sites/matissa/2025/08/21/how-blake-corum-is-changing-the-way-young-athletes-make-money/

Market Opportunity
Threshold Logo
Threshold Price(T)
$0.010137
$0.010137$0.010137
+1.57%
USD
Threshold (T) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Wormhole launches reserve tying protocol revenue to token

Wormhole launches reserve tying protocol revenue to token

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Share
BitcoinEthereumNews2025/09/18 01:55
The man accused of stealing $11 million in XRP has filed a countersuit against the widow of American country music singer George Jones.

The man accused of stealing $11 million in XRP has filed a countersuit against the widow of American country music singer George Jones.

PANews reported on January 14th that Kirk West, the man suspected of stealing over $11 million worth of XRP from Nancy Jones, the widow of the late American country
Share
PANews2026/01/14 10:51
Crucial Fed Rate Cut: October Probability Surges to 94%

Crucial Fed Rate Cut: October Probability Surges to 94%

BitcoinWorld Crucial Fed Rate Cut: October Probability Surges to 94% The financial world is buzzing with a significant development: the probability of a Fed rate cut in October has just seen a dramatic increase. This isn’t just a minor shift; it’s a monumental change that could ripple through global markets, including the dynamic cryptocurrency space. For anyone tracking economic indicators and their impact on investments, this update from the U.S. interest rate futures market is absolutely crucial. What Just Happened? Unpacking the FOMC Statement’s Impact Following the latest Federal Open Market Committee (FOMC) statement, market sentiment has decisively shifted. Before the announcement, the U.S. interest rate futures market had priced in a 71.6% chance of an October rate cut. However, after the statement, this figure surged to an astounding 94%. This jump indicates that traders and analysts are now overwhelmingly confident that the Federal Reserve will lower interest rates next month. Such a high probability suggests a strong consensus emerging from the Fed’s latest communications and economic outlook. A Fed rate cut typically means cheaper borrowing costs for businesses and consumers, which can stimulate economic activity. But what does this really signify for investors, especially those in the digital asset realm? Why is a Fed Rate Cut So Significant for Markets? When the Federal Reserve adjusts interest rates, it sends powerful signals across the entire financial ecosystem. A rate cut generally implies a more accommodative monetary policy, often enacted to boost economic growth or combat deflationary pressures. Impact on Traditional Markets: Stocks: Lower interest rates can make borrowing cheaper for companies, potentially boosting earnings and making stocks more attractive compared to bonds. Bonds: Existing bonds with higher yields might become more valuable, but new bonds will likely offer lower returns. Dollar Strength: A rate cut can weaken the U.S. dollar, making exports cheaper and potentially benefiting multinational corporations. Potential for Cryptocurrency Markets: The cryptocurrency market, while often seen as uncorrelated, can still react significantly to macro-economic shifts. A Fed rate cut could be interpreted as: Increased Risk Appetite: With traditional investments offering lower returns, investors might seek higher-yielding or more volatile assets like cryptocurrencies. Inflation Hedge Narrative: If rate cuts are perceived as a precursor to inflation, assets like Bitcoin, often dubbed “digital gold,” could gain traction as an inflation hedge. Liquidity Influx: A more accommodative monetary environment generally means more liquidity in the financial system, some of which could flow into digital assets. Looking Ahead: What Could This Mean for Your Portfolio? While the 94% probability for a Fed rate cut in October is compelling, it’s essential to consider the nuances. Market probabilities can shift, and the Fed’s ultimate decision will depend on incoming economic data. Actionable Insights: Stay Informed: Continue to monitor economic reports, inflation data, and future Fed statements. Diversify: A diversified portfolio can help mitigate risks associated with sudden market shifts. Assess Risk Tolerance: Understand how a potential rate cut might affect your specific investments and adjust your strategy accordingly. This increased likelihood of a Fed rate cut presents both opportunities and challenges. It underscores the interconnectedness of traditional finance and the emerging digital asset space. Investors should remain vigilant and prepared for potential volatility. The financial landscape is always evolving, and the significant surge in the probability of an October Fed rate cut is a clear signal of impending change. From stimulating economic growth to potentially fueling interest in digital assets, the implications are vast. Staying informed and strategically positioned will be key as we approach this crucial decision point. The market is now almost certain of a rate cut, and understanding its potential ripple effects is paramount for every investor. Frequently Asked Questions (FAQs) Q1: What is the Federal Open Market Committee (FOMC)? A1: The FOMC is the monetary policymaking body of the Federal Reserve System. It sets the federal funds rate, which influences other interest rates and economic conditions. Q2: How does a Fed rate cut impact the U.S. dollar? A2: A rate cut typically makes the U.S. dollar less attractive to foreign investors seeking higher returns, potentially leading to a weakening of the dollar against other currencies. Q3: Why might a Fed rate cut be good for cryptocurrency? A3: Lower interest rates can reduce the appeal of traditional investments, encouraging investors to seek higher returns in alternative assets like cryptocurrencies. It can also be seen as a sign of increased liquidity or potential inflation, benefiting assets like Bitcoin. Q4: Is a 94% probability a guarantee of a rate cut? A4: While a 94% probability is very high, it is not a guarantee. Market probabilities reflect current sentiment and data, but the Federal Reserve’s final decision will depend on all available economic information leading up to their meeting. Q5: What should investors do in response to this news? A5: Investors should stay informed about economic developments, review their portfolio diversification, and assess their risk tolerance. Consider how potential changes in interest rates might affect different asset classes and adjust strategies as needed. Did you find this analysis helpful? Share this article with your network to keep others informed about the potential impact of the upcoming Fed rate cut and its implications for the financial markets! To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin price action. This post Crucial Fed Rate Cut: October Probability Surges to 94% first appeared on BitcoinWorld.
Share
Coinstats2025/09/18 02:25