There may be small differences here and there, but most NBA players have a common list of goals: Win a championship, make a few All-Star or All-NBA teams, maximize earning potential. The usual.
Known for his progressive out-of-the-box investments – like when he tried to use his contract with the Brooklyn Nets as a digital investment vehicle before being rejected by the league – Washington Wizards guard Spencer Dinwiddie thinks bigger.
Such much bigger.
“I think if I were to set myself a super high goal, I would love to be the youngest black self-made billionaire,” Dinwiddie told CBS Sports in a video interview. “I mean, that would be silly.”
Although Los Angeles Lakers striker LeBron James cracked $ 1 billion in career earnings earlier this year, his net worth was estimated by Forbes to be only about $ 850 million. Dinwiddie, 28, speculated that 36-year-old James is likely to reach the 10-digit club soon, after which the clock will start ticking.
“He will probably be [a billionaire] before 40, so he will still be the youngest, “Dinwiddie said.” So I have 12 years to beat him. … Everything is possible.”
In addition to his countless investments and the four companies he has started, including the cryptocurrency app, Calaxy, Dinwiddie’s quest to become a billionaire was pushed forward by the $ 54 million three-year contract he signed with the Washington Wizards this offseason. The deal would be a boon for most professional athletes, but it was even more significant for Dinwiddie as he was only seven months away from surgery to repair a torn ACL in his right knee. He made a remarkably quick recovery, and even hinted that he could have played for his former Nets in the off-season, less than six months after his surgery, if they would have advanced to the NBA Finals.
Dinwiddie, who successfully recovered from a devastating knee injury during his junior year in Colorado, once again attacked his rehabilitation with relentless work ethic and determination. He also got help from Breinfuel, a functional beverage made up of natural caffeine and antioxidants, of which Dinwiddie is a stock investor.
“Shoot, I came back from ACL at 5 1/2 months, and part of that is pulling 12-hour days,” Dinwiddie told CBS Sports. “Go from workout to workout, need to stay focused, need a little kick in the ass sometimes. Obviously Breinfuel has helped me with that.”
So far, Diwniddie has shown absolutely no signs of rusting for the Wizards, who have surprised the basketball masses by running out to a 9-3 start, best in the Eastern Conference. Washington’s early success has been unexpected, given that four of the team’s top five minute leaders – Dinwiddie, Kyle Kuzma, Montrezl Harrell and Kentavious Caldwell-Pope – were not even on the list last season.
Dinwiddie has averaged 16.1 points, 5.7 assists and 5.5 rebounds so far this season, making him the only player in the NBA to have played at least 16-5-5 in less than 30 minutes per game. match. He has done his best to find his role with his new team, but has also taken advantage of extra opportunities when available. Washington’s leading goal scorer, Bradley Beal, has missed two games this season, with Dinwiddie averaging 28.5 points, 8.5 rebounds and 7.5 assists on 9-of-18 3-point shooting. Most importantly, the Wizards won both games.
“For me, it starts with Spencer Dinwiddie,” said WNBA player and ESPN NBA analyst Chiney Ogwumike about the Wizards’ warm start during an appearance on The Lowe Post podcast. “The dedication he has had to his recovery is a testament to how well he is performing right now and that he is the perfect complementary piece.”
Just as Washington has played to start the season, triggered by the league’s fourth-best defense, Dinwiddie feels the team has just begun to crack the surface of its potential.
“I think the chemistry for a group that does not know each other has been amazing. But for a team that wanted to know each other? It has been meh,” Dinwiddie told CBS Sports. “That’s where we need to do better, and we will do that in time. I mean, it’s just part of the process. I’m looking forward to seeing the team come together, boys get healthy. We’ve been beaten up a bit, so “Of course, we are still missing some pieces. The level we can reach, I think, is quite high.”
Ogwumike also noted that she got to know Dinwiddie and that their friendship began with – what else – an investment opportunity. She is one of a handful of athletes that Dinwidde has talked to about her off-track money makers, especially the cryptocurrency and NFT area, which can be particularly difficult for the unacclimatized to understand.
Dinwiddie has been happy to lend a helping hand due to his relative experience in the area.
“I’ve been in this area for four or five years now, so it was definitely early, and now that there’s a bit more of a bull market and obviously the NFTs are crazy right now, some guys have reached out and had some conversations. , “Dinwiddie told CBS Sports.” However, they’re dipping their toes in right now, so there’s still a massive training process to go through. Being in crypto is like dog years, so I feel like I’ve been in the place for 20-30 years already and it has only been four or five. They have only been here for four or five months so there will just be a consistent growth process for everyone. “
It has not been easy to juggle all his options off the court while remaining unwaveringly dedicated to basketball, Dinwiddie admitted, and there is ebb and flow as his focus leans more towards one or the other. During the season, he is obviously not as involved in his investments as he is in the low season, so it is important, Dinwiddie said, to work with companies with good leadership whose vision and values align with his.
Dinwiddie’s goals for the season include staying healthy with the help of Breinfuel, helping get the Wizards to the playoffs and continuing to invest in companies as he grows his own ventures. Asked whether he would like his eventual biography or autobiography to focus more on his basketball or non-basketball performances, Dinwiddie said he does not necessarily make the difference.
“I think I wish the most important highlights were my mind, my core philosophies and the way I approached everything. Because it will set the stage, whether on the pitch or off the pitch, for anyone, who reads the book and tries to draw inspiration, “Dinwiddie told CBS Sports. “I approach it a lot in the same way. I want things to make sense. I want to try to be one percent better. I want to adapt to people who have similar values and similar expertise. They are agnostic about or off the field.
“I feel it has allowed me to have patience but also persevere and work extremely hard in both areas, surround myself with people who are better than me at certain things and reach a certain level of success.”