And all that money is 100% guaranteed. 12 overall in the 2019 NBA Draft. Which could be quite volatile for a variety of reasons. color:#fff; There are 100,000 shares of Series A Stock of the PJ Washington Inc., which is apparently the first time in sports history that fans can invest alongside an athlete in “non-traditional assets.” I assume that means when PJ makes money unrelated to basketball, fans can invest in that.

On the other hand, it stands to reason that your ROI could be indirectly impacted by Washington’s future success on the court.

Charlotte Hornets: Could DeMar DeRozan revamp his career in Charlotte? The Hornets signed Washington to his rookie-scale contract Wednesday, guaranteeing him about $6.5 million for the next two seasons.

We'll never pass along your email address to spammers, scammers, or the like. P.J. article on the whole situation can be found at this link.

On Wednesday evening, Charlotte Hornets President and General Manager Mitch Kupchak announced that the team had signed the former Wildcat to a four-year deal. Select the players you wish to trade from the rosters below. 12 overall in the 2019 NBA Draft. This service is intended for adult audiences. Former Kentucky All-American and Charlotte Hornets rookie power forward PJ Washington has signed an endorsement deal with Nike, he announced via …

PJ Washington was born to parents Sherry and Paul Washington Sr. on August 23, 1998, in Louisville Kentucky, the United States. padding:15px; opacity:.9;

Contract : Nike - FEBRUARY 29 : Nike KD12 'Youtube' - FEBRUARY 25 : Nike Kyrie 6 'Houston' - FEBRUARY 10 : Nike Kobe V Protro 'Big Stage Parade' - FEBRUARY 8 : Nike Kyrie 6 'Oracle Aqua' - FEBRUARY 4 : Nike KD12 'EYBL Peach Jam' - JANUARY 22 : Nike Zoom Freak 1 'Multi' - JANUARY 13 : … Former Kentucky star PJ Washington has officially signed his rookie contract with the Charlotte Hornets.

PJ Washington is coming off a stellar rookie campaign with the Hornets, averaging 12.2 PPG, 5.2 RPG, and garnered 2nd team All-Rookie honors. Finance).

In his time in Lexington, Washington was a consensus All-America Third Team selection and earned All-SEC First Team honors as a sophomore in 2018-19.

Williams signed a 1 year, $2,007,500 contract with the New Orleans Saints, including a $137,500 signing bonus, $2,007,500 guaranteed, and an average annual salary of $2,007,500.

Washington holds American nationality and belongs to the mixed ethnic group. Washington profile, contract breakdown, earnings, stats, agents, and social feed. Similar to early investors that have made massive financial returns in equity stocks such as Uber, Facebook, and Telsa, what if fans would have had the ability to invest in the likes of a young Russell Wilson (NFL 3rd round), Tom Brady (NFL 6th round), or Draymond Green (NBA 2nd round)? 15 overall player in the 2017 247Sports Composite. © 2005-2020 CBS INTERACTIVE ALL RIGHTS RESERVED. On top of that, it also includes access to the company’s private jet. Working Class PJ is the best PJ. Therefore, if you believe in Washington’s current career trajectory and ability to climb the ranks as a valuable player in the NBA, you would also be tied to his increased marketability and hopefully secure additional revenue to help maximize the ROI of your owned preferred stock. Washington came to Kentucky as the No. Select the first team from the drop down menu.

Washington spoke about his background with GQ Sports before getting into the details of his spending habits. No guarantees are made for any specific outcome. With the draft now behind us and free agency set to open, let�s see what needs were filled and what priorities still remain for each team.

Jul 3, 2019 - P.J. CBS Sports is a registered trademark of CBS Broadcasting Inc. His biggest cost so far?

Non-Accredited investors can buy shares of “PJ Washington Inc” for $100 at a minimum of 2 shares.

display:inline-block; Fans can sign up for access to the platform now, though I certainly will not be, because there is no way I’m spending real-life money on this. Washington actually pays for two apartments “like 10 doors apart from each other,” with Washington living in one and his family having access to the other when they come into town.

Player Option / Team Option / Qualifying Offer / Two-Way Contract.

7 power forward and No. And while he was good as a freshman, averaging 10.8 points and 5.7 rebounds per game and ending the season with 18 points and 15 rebounds in a Sweet 16 loss, there's no question he improved his stock by returning to Lexington for his sophomore year. I have literally no idea what this means at all.

Bond offerings are not completely risk-free, but they do bring a high likelihood of a return to investors. He’s been a key part of a Charlotte Hornets team that has some intriguing young pieces, starting 57 of the 58 games he’s played in and averaging 12.2 points, 5.4 rebounds and 2.1 assists per game.

Of course, there is no blanket guarantee of revenue, and any investor should always do their research before making such decisions. Washington in Round 1 with Pick 12 in the 2019 NBA Draft. Finally, Washington said his dog Zeus cost $5,000 to purchase. swaggypj25

Podcast: Gordon Hayward and other free agency news, Hornets to sign Javin DeLaurier, Kahlil Whitney, and Keandre Cook and to Exhibit 10 contracts, Jersey numbers and tidbits from the Hornets’ draft pick media availability. This morning, investment platform SPORTBLX announced that they’ve entered a ground—breaking partnership with Hornets forward PJ Washington that allows fans to “directly engage with, and invest with, the athletes and sports teams they love with their own money” (Yahoo! Select the second team from the drop down menu.

Cars. And while he didn’t quite spend the million advertised — his described expenditures came in at $582 million — it is interesting to see how he chose to spend his first year’s paychecks. SportBLX’s initial foray into creating an asset class for the public to invest in professional athletes will not look exactly like the “stock market” situation that I described above, and that is a calculated decision.

In summary, a stock market for sports fans. This is Jrue Holiday's story too, even if as a sidekick. SportBlX has partnered with Charlotte Hornet and rising star, PJ Washington to create the first alternative asset offering for an NBA player to the general public. Tools and Resources Used by Real General Managers. Washington was among the nation's best players the second half of the year; while he averaged 15.2 points and 7.2 rebounds per game for the season, he averaged better than 16 points per game in SEC play and made nearly 45 percent of his 3-point attempts. P.J. His family also benefitted from an apartment he bought in Charlotte.

I don’t have the slightest idea of what this is or what it means, but it’s Hornets news nonetheless.

First Washington gave his financial breakdown: 20 percent of his earnings go into a spending account, while 80 percent goes into a savings and investments account. Washington himself has a Porsche Panamera, then added a Range Rover — because as. Washington led the Wildcats in scoring (15.2 ppg), rebounding (7.5 rpg) and ranked second in blocks (1.2 bpg) during his sophomore campaign.

Cars. @PJWashington breaks down how he spent his first $1M in the NBA #GQMyFirstMillion pic.twitter.com/TpQpQH8gBJ.

Height: 6-7 (201cm)     Weight: 236 (107kg), pj.washington.50 background:#ce1141; If an endorsement contract signed by PJ Washington Jr. is sourced by PJ WASHINGTON, Inc, then PJ WASHINGTON Inc is entitled to receive revenues from such activities. I have literally no idea what this means at all.

Clearly, I’m not a numbers guy — that’s kinda why I type letters onto a computer screen for a living. Ranking the last 10 Charlotte Hornets seasons, Welcome Back: Charlotte Hornets re-sign Bismack Biyombo, Charlotte Hornets: Pros and Cons of signing Gordon Hayward, The Charlotte Hornets sign previous All-Star Gordon Hayward, Charlotte Hornets: Lonzo Ball pleads with Malik Monk about jersey, Grading the Charlotte Hornets NBA Draft Day haul, Buddy Hield Rumors: Kings Star Won't Answer Walton's Phone Calls Amid Trade Buzz, Charlotte Hornets: 3 free agency targets from the Orlando bubble, Charlotte Hornets: Devonte' Graham snubbed of Most Improved Player Award.

There's no world for the Warriors to save, only the accumulation of days into months, wins and losses that move them in no particular direction, temporary accomplishments, the feeling of a breeze dying against your skin. However, endorsement contracts signed by Mr. Washington outside of his relationship with PJ WASHINGTON Inc are not included in the company’s revenue.

For example, if there was an incoming rookie that you believed would outperform their draft position, you could purchase “stock” in the said player.

Build your custom FanSided Daily email newsletter with news and analysis on Charlotte Hornets and all your favorite sports teams, TV shows, and more.

In the meantime, I wanted to bring some perspective and details about this new and fascinating development in the world of alternative asset classes, and considering PJ Washington is one of the bright young cogs for a revamped and improving Charlotte Hornets franchise, I was excited to write about this news regarding his new partnership with SportBLX to our great fanbase. P.J. Finance). Charlotte Hornets news from FanSided Daily, Charlotte Hornets: PJ Washington makes All-Rookie team. Washington himself has a Porsche Panamera, then added a Range Rover — because as 6-foot-8 forward, it fits him better — and a Tesla for his brother to drive. Washington profile page, biographical information, injury history and news For the season, Washington ranked third in the SEC in field goal percentage, fifth in total rebounds (264), sixth in rebounds per game, sixth in defensive rebounds (183), seventh in field goals made (190), eighth in total points (531), ninth in free throws made (118), 11th in points per game and 15th in both total blocks (43) and blocks per game. PJ Washington Childhood and Family. Marc Gasol To Sign Two-Year, $5.3M Deal With Lakers, RealGM Radio: Seth Partnow On The Offseason And Draft, DeAndre' Bembry Agrees To Two-Year, $4M Deal With Raptors, Dunc'd On: Free Agency Winners and Losers; Day 3 Every Deal, Every Team, Player Empowerment In NBA Remains Rare, Selective, 2020 NBA Draft Recap, Free Agency Priorities.

Much like an institutional investor in the finance world that bets on corporations, asset classes, and IPO’s. background:#ce1141; The news I am covering in this article is about a company that is working to provide just that type of opportunity. They are also looking forward to eventually bringing to market a version of the stock market for sports fans to allow investment to be directly linked to player performance, which is certainly an exciting product to look forward to in the future. He has an awesome childhood along with his two brothers Tyler and Spencer and a sister Alexandria. Washington NBA Preseason Stats », Prep/High School: Findlay College Prep [Henderson, Nevada]. SPORTBLX/PJ WASHINGTON Inc. ("PJ Washington Inc.") allows fans and investors to invest in a corporation alongside PJ Washington Jr. You are investing in participating preferred stock of PJ WASHINGTON Inc, a company that focuses on generating profits from non-exclusive services in brand management, wealth management, strategic investments, data analytics, consulting, and other … As an investor, you will own preferred stock in PJ Washington Inc, which is a newly formed company that will focus on generating revenue to its shareholders via brand management, marketing opportunities, and wealth management.

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