Wall Street Pipeline Finds Work for College Lacrosse Players
Wall Street Pipeline Finds Work for College Lacrosse Players
This is becoming a recurring theme at Bloomberg: the 1%, with sticks.
By Scott Soshnick - May 23, 2013 9:20 AM ET
Before Dom Starsia talks about national titles, he unfolds a two-foot-wide spreadsheet that gives University of Virginia recruits a look at life after lacrosse.
A big part of the coachs sales pitch for a university founded by Thomas Jefferson in 1819 is VLAN, or the Virginia Lacrosse Alumni Network, a 300-person database of former male and female players who work in finance and other fields and are willing to help cub Cavaliers get there, too.
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{Onetime Johns Hopkins player Paul} Rabil has become the sports first million-dollar player thanks to an endorsement portfolio that boasts New Balance Inc.s Warrior brand, which includes his namesake line. He said he is thankful for friends like former Hopkins lacrosse player Ted Goldthorpe, president of Apollo Management Holdings, for helping make his money grow.
Whats LeBron James going to do for me? Get me in some parties, the 27-year-old Rabil said. Hedge fund guys, private equity guys, are so much more valuable. Less glamour, but these are the guys you want to know.
Lacrosse is a pretty good game. If you were thinking of taking it up because of the access it gives you to hedge fund managers, you need to note that the level we're talking about here is quite rarefied. Only a few players will end up at schools with this sort of access.
Look at the fun side.