--- title: "Meaning & Key Takeaway of: Turning cash flows from contracts of…" description: "\"Turning cash flows from contracts of professional athletes into securities is now possible through the power of blockchain.\" — Spencer Dinwiddie" image: "https://sms4smile.com/quotes/i/9b7/spencer-dinwiddie-5416_blockchain_turning-cash-flows-from-contracts-of-pro_1378664.jpg" --- # Turning cash flows from contracts of professional athletes… ![“Turning cash flows from contracts of professional athletes into securities is now possible through the power of blockchain.” quote by Spencer Dinwiddie](https://sms4smile.com/quotes/i/9b7/spencer-dinwiddie-5416_blockchain_turning-cash-flows-from-contracts-of-pro_1378664.jpg) [Download](https://sms4smile.com/quotes/i/9b7/spencer-dinwiddie-5416_blockchain_turning-cash-flows-from-contracts-of-pro_1378664.jpg) [Open image](https://sms4smile.com/quotes/i/9b7/spencer-dinwiddie-5416_blockchain_turning-cash-flows-from-contracts-of-pro_1378664.jpg) > “Turning cash flows from contracts of professional athletes into securities is now possible through the power of blockchain.” [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Blockchain technology enables the securitization of athletes’ contract cash flows, creating new financial instruments. **In simple terms:** Blockchain can turn athletes’ cash flows into securities. Key Takeaway Explore tokenizing sports contracts. Themes finance technology sports Mood cautious optimistic Type financial innovative When to use this quote - investment funds - athlete contracts - financial innovation Key Concepts blockchain securitization Questions to Reflect On - How can investors assess risk in such securities? - What legal frameworks are needed? A Different Perspective Regulatory hurdles may impede implementation. ★ ★ ★ ★ ★ No ratings yet [Blockchain](https://sms4smile.com/quotes/about/blockchain/) [Cash flow](https://sms4smile.com/quotes/about/cash-flow/) [Power](https://sms4smile.com/quotes/about/power/) ## Related quotes > [Transparency and liquidity make sense in my head, so that's why I have an affinity for blockchain as a whole.](https://sms4smile.com/quotes/spencer-dinwiddie/transparency-and-liquidity-make-sense-in-my-head-so-that-s-why-i-have/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [I'm passionate about blockchain as a whole, decentralized finance as a whole.](https://sms4smile.com/quotes/spencer-dinwiddie/i-m-passionate-about-blockchain-as-a-whole-decentralized-finance-as-a/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [We're professional athletes, and we have moments where we step back, and we have to think and assess everything in life.](https://sms4smile.com/quotes/nick-foles/we-re-professional-athletes-and-we-have-moments-where-we-step-back/) [Nick Foles](https://sms4smile.com/quotes/author/nick-foles/) > [There's just so much negative media surrounding professional athletes or sports in general, whether it's kids that are pressured too much or professional athletes…](https://sms4smile.com/quotes/kristopher-belman/there-s-just-so-much-negative-media-surrounding-professional-athletes/) Kristopher Belman > [I personally believe that professional athletes should give back to their communities in any way possible. We are in a position to make a…](https://sms4smile.com/quotes/carson-palmer/i-personally-believe-that-professional-athletes-should-give-back-to/) [Carson Palmer](https://sms4smile.com/quotes/author/carson-palmer/) > [In reality, we can prove that the incidents of drug, alcohol abuse and violence have dropped dramatically among professional athletes - but the problem…](https://sms4smile.com/quotes/leigh-steinberg/in-reality-we-can-prove-that-the-incidents-of-drug-alcohol-abuse-and/) [Leigh Steinberg](https://sms4smile.com/quotes/author/leigh-steinberg/) > [As all professional athletes know, Father Time is undefeated, and when I wake up in the morning, my back especially lets me know that…](https://sms4smile.com/quotes/jason-collins/as-all-professional-athletes-know-father-time-is-undefeated-and-when/) [Jason Collins](https://sms4smile.com/quotes/author/jason-collins/) > [It is surprising how many professional athletes, along with their families and friends, are gaga over movie and music stars, and the reverse is…](https://sms4smile.com/quotes/cheech-marin/it-is-surprising-how-many-professional-athletes-along-with-their/) [Cheech Marin](https://sms4smile.com/quotes/author/cheech-marin/) > [Professional athletes, like it or not, have a responsibility to the kids of America.](https://sms4smile.com/quotes/howie-long/professional-athletes-like-it-or-not-have-a-responsibility-to-the/) [Howie Long](https://sms4smile.com/quotes/author/howie-long/) > [I guess it is by studying professional athletes that scientists have come to the conclusion that brain is not a muscle](https://sms4smile.com/quotes/juju/i-guess-it-is-by-studying-professional-athletes-that-scientists-have/) [Juju](https://sms4smile.com/quotes/author/juju/) > [Professional athletes have been blessed by God.](https://sms4smile.com/quotes/julio-cesar-chavez-sr/professional-athletes-have-been-blessed-by-god/) [Julio Cesar Chavez Sr](https://sms4smile.com/quotes/author/julio-cesar-chavez-sr/) > [I think what people misunderstand is the level of vulnerability for professional athletes. Some mistakes might be made, and then you're going to be…](https://sms4smile.com/quotes/jon-rahm/i-think-what-people-misunderstand-is-the-level-of-vulnerability-for/) [Jon Rahm](https://sms4smile.com/quotes/author/jon-rahm/) > [It's common knowledge that professional athletes earn extraordinary incomes. What is less known or understood is how the advent of these riches has seeped…](https://sms4smile.com/quotes/douglas-brunt/it-s-common-knowledge-that-professional-athletes-earn-extraordinary/) [Douglas Brunt](https://sms4smile.com/quotes/author/douglas-brunt/) > [Professional athletes die twice.](https://sms4smile.com/quotes/steve-nash/professional-athletes-die-twice/) [Steve Nash](https://sms4smile.com/quotes/author/steve-nash/) > [I think at Ohio State, we're professional athletes in Columbus.](https://sms4smile.com/quotes/ezekiel-elliott/i-think-at-ohio-state-we-re-professional-athletes-in-columbus/) [Ezekiel Elliott](https://sms4smile.com/quotes/author/ezekiel-elliott/) ## More by Spencer Dinwiddie > [Even if I'm the worst player in the NBA, I'm one of the best players in the world.](https://sms4smile.com/quotes/spencer-dinwiddie/even-if-i-m-the-worst-player-in-the-nba-i-m-one-of-the-best-players/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [We need more flexibility and ownership over the value we bring to the league.](https://sms4smile.com/quotes/spencer-dinwiddie/we-need-more-flexibility-and-ownership-over-the-value-we-bring-to-the/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [I stand up for what I believe in and what I believe is right.](https://sms4smile.com/quotes/spencer-dinwiddie/i-stand-up-for-what-i-believe-in-and-what-i-believe-is-right/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [Shoe companies and endorsers influence team decisions all the time.](https://sms4smile.com/quotes/spencer-dinwiddie/shoe-companies-and-endorsers-influence-team-decisions-all-the-time/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [I finally feel like I have an NBA home in Brooklyn.](https://sms4smile.com/quotes/spencer-dinwiddie/i-finally-feel-like-i-have-an-nba-home-in-brooklyn/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [When you have people telling you they believe in you, it helps.](https://sms4smile.com/quotes/spencer-dinwiddie/when-you-have-people-telling-you-they-believe-in-you-it-helps/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [I'm passionate about blockchain as a whole, decentralized finance as a whole.](https://sms4smile.com/quotes/spencer-dinwiddie/i-m-passionate-about-blockchain-as-a-whole-decentralized-finance-as-a/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [Just like basketball, MMA is all about taking what you're given and exploiting it as much as possible. Strength and stamina are important, but…](https://sms4smile.com/quotes/spencer-dinwiddie/just-like-basketball-mma-is-all-about-taking-what-you-re-given-and/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [I basically started to adopt the mentality of, I'm going to say what I'm going to say. I'm not going to apologize about it.…](https://sms4smile.com/quotes/spencer-dinwiddie/i-basically-started-to-adopt-the-mentality-of-i-m-going-to-say-what-i/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [It's fun to be tasked with making plays and being allowed that freedom. It's everything I really dreamed of in the NBA.](https://sms4smile.com/quotes/spencer-dinwiddie/it-s-fun-to-be-tasked-with-making-plays-and-being-allowed-that/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [I'm in the mode of acquiring knowledge and relationships on the business side and it's paramount that you learn as much as you can…](https://sms4smile.com/quotes/spencer-dinwiddie/i-m-in-the-mode-of-acquiring-knowledge-and-relationships-on-the/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [I experienced the G League in two forms: one as an assignment player, and then one of actually being in the G League after…](https://sms4smile.com/quotes/spencer-dinwiddie/i-experienced-the-g-league-in-two-forms-one-as-an-assignment-player/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [If you misquote me, I'll come out and be like, they misquoted me. This is what I said. This is exactly how I meant…](https://sms4smile.com/quotes/spencer-dinwiddie/if-you-misquote-me-i-ll-come-out-and-be-like-they-misquoted-me-this/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [People still find themselves four or five years out of the league and needing money, and that's because you establish a lifestyle you can't…](https://sms4smile.com/quotes/spencer-dinwiddie/people-still-find-themselves-four-or-five-years-out-of-the-league-and/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [My job is to help the team win games to the best of my ability.](https://sms4smile.com/quotes/spencer-dinwiddie/my-job-is-to-help-the-team-win-games-to-the-best-of-my-ability/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) [Explore all 100 Spencer Dinwiddie quotes ](https://sms4smile.com/quotes/author/spencer-dinwiddie/) ## More Blockchain quotes > [I had been exposed to bitcoin early. I thought the consumer application of it felt, to me, further away. I thought there would be…](https://sms4smile.com/quotes/brad-garlinghouse/i-had-been-exposed-to-bitcoin-early-i-thought-the-consumer/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [We don't think the blockchain can do most of what's been ascribed to it. But we're entering the Internet of value - and that…](https://sms4smile.com/quotes/chris-larsen/we-don-t-think-the-blockchain-can-do-most-of-what-s-been-ascribed-to/) [Chris Larsen](https://sms4smile.com/quotes/author/chris-larsen/) > [What proplets do is they look to the blockchain to see who owns them; they are kind of like SIM cards today - they…](https://sms4smile.com/quotes/nick-szabo/what-proplets-do-is-they-look-to-the-blockchain-to-see-who-owns-them/) [Nick Szabo](https://sms4smile.com/quotes/author/nick-szabo/) > [I'm passionate about blockchain as a whole, decentralized finance as a whole.](https://sms4smile.com/quotes/spencer-dinwiddie/i-m-passionate-about-blockchain-as-a-whole-decentralized-finance-as-a/) [Spencer Dinwiddie](https://sms4smile.com/quotes/author/spencer-dinwiddie/) > [Let's hope the Canadian public sector starts putting the blockchain on their agenda so we can see a significant difference in how government services…](https://sms4smile.com/quotes/william-mougayar/let-s-hope-the-canadian-public-sector-starts-putting-the-blockchain/) [William Mougayar](https://sms4smile.com/quotes/author/william-mougayar/) > [The blockchain applications market is unravelling along a segmentation of activity that is spread along two sets of variables: private vs. public blockchains, and…](https://sms4smile.com/quotes/william-mougayar/the-blockchain-applications-market-is-unravelling-along-a/) [William Mougayar](https://sms4smile.com/quotes/author/william-mougayar/) > [People didn't know where they could trade. When everybody owes each other IOUs that can be in multiple places at once, that's how the…](https://sms4smile.com/quotes/patrick-m-byrne/people-didn-t-know-where-they-could-trade-when-everybody-owes-each/) [Patrick M. Byrne](https://sms4smile.com/quotes/author/patrick-m-byrne/) > [“In terms of adoption, Bitcoin has roughly the same users as the Internet had in 1997. But Bitcoin is growing faster. The next four…](https://sms4smile.com/quotes/olawale-daniel/in-terms-of-adoption-bitcoin-has-roughly-the-same-users-as-the/) [Olawale Daniel](https://sms4smile.com/quotes/author/olawale-daniel/) > [“Privacy is now the evidence, not the obstacle. Today, proof no longer requires exposure. Privacy has always been here, it's just that it became…](https://sms4smile.com/quotes/olawale-daniel/privacy-is-now-the-evidence-not-the-obstacle-today-proof-no-longer/) [Olawale Daniel](https://sms4smile.com/quotes/author/olawale-daniel/) > [Scalability is this idea of coming up with a blockchain that can scale much larger than existing chains essentially by processing transactions in parallel.…](https://sms4smile.com/quotes/vitalik-buterin/scalability-is-this-idea-of-coming-up-with-a-blockchain-that-can/) [Vitalik Buterin](https://sms4smile.com/quotes/author/vitalik-buterin/) > [“The cryptocurrency industry, powered by blockchain technology, has been dominated mostly by male while the traction of the female participants aren’t much to write…](https://sms4smile.com/quotes/olawale-daniel/the-cryptocurrency-industry-powered-by-blockchain-technology-has-been/) [Olawale Daniel](https://sms4smile.com/quotes/author/olawale-daniel/) > [While it may seem scarier in the earlier days, I think ultimately the blockchain creates a safer world.](https://sms4smile.com/quotes/fred-ehrsam/while-it-may-seem-scarier-in-the-earlier-days-i-think-ultimately-the/) [Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/) > [Transactions on the blockchain offer a unique ability for tracing and tracking, including analyzing trends on the ledger.](https://sms4smile.com/quotes/katie-britt/transactions-on-the-blockchain-offer-a-unique-ability-for-tracing-and/) [Katie Britt](https://sms4smile.com/quotes/author/katie-britt/) > [The main event isn't bitcoin. It's using the blockchain to disrupt other industries and Wall Street.](https://sms4smile.com/quotes/patrick-m-byrne/the-main-event-isn-t-bitcoin-it-s-using-the-blockchain-to-disrupt/) [Patrick M. 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