Professional Athletes: The Next Generation of Tech EntrepreneursWhat do you think keeps Steph Curry, Kevin Seraphin and Carmelo Anthony busy in the off season? Think 'tech.'

ByJaia Thomas

Opinions expressed by Entrepreneur contributors are their own.

Ronald Martinez | Getty Images
Stephen Curry #30 of the Golden State Warriors.

The average National Basketball Association salary during the 2015-2016 season was a cool $4,021,836. But not all athletes are out buying big cars and bigger houses, as the stereotype goes. Instead, they're becoming busy entrepreneurs.

Related:Maria Sharapova and 6 Athletes Who Lost Their Nike Endorsements

事实上,正如当前赛季接近尾声, many players are using a portion of their salaries to launch and invest in tech companies for the coming off season. Professional athletes across all sports, from the NBA to the National Football League, in fact, are investing time, energy and effort into the tech space.

Golden State Warriors superstar Steph Curry is a high-profile example. Curry was perhaps best known this season for his three pointers on the court. However, many may not know that he is also the co-owner of two tech startupsoffthe court --SlyceandCoachUp.

Curry launched Slyce last year with the help of former Nike employees Bryant Barr and Jason Mayden. The platform acts as an intermediary between athletes and their fans, helping players sift through messages, post relevant content and interact in better ways with their followers. Curry's other venture, CoachUp, is a private coaching app that pairs coaches and trainers with athletes.

Social media maven and New York Knicks center Kevin Seraphin is another athlete heavily involved in the tech space. A few years ago, he launchedThorolgraffix, a photo-editing app that allows users to add filters, masking and various effects to their social media postings. Seraphin is currently beta-testing a new social networking app called Looks.

Related:This Startup Is Building a Tinder for Athletes

Seraphin and Curry are two of many on a long list of professional athletes invading the tech space. They are joined by other athletes, like Carmelo Anthony, Randy Flores, Isaiah Kacyvenski and Chris Paul.

Various associations, such as theNational Football League Players Association(NFLPA), are doing their part to expose more players to the tech space. Earlier this year, the NFLPA facilitated a "Tech Tour," arranging site visits and meetings for NFL players in Silicon Valley. Players met with tech companies that focus on such areas as social media, gaming, mobile apps and wearable technology.

So, why are more athletes getting involved in the tech scene? Rob Wilson, CEO of Wilson Insight, has some answers. Wilson provides financial advice to professional athletes, entertainers and young executives, including former NFL player Shawntae Spencer.

Spencer, who played nine years with the San Francisco 49ers and Oakland Raiders, took advantage of his time in the Bay Area to build and foster relationships in the tech space. To date, Spencer has done six seed investments, the most notable beingTripping.com(vacation rentals),Mayvenn(hair extension sales) andMoviePass(for unlimited movie-going).

Wilson says he believes that more and more athletes are jumping into tech because today's generation of professional athletes have grown up with tech as a significant part of their lives. They came up in the explosion of mobile devices and social media, so they are a much more tech-savvy generation.

Is your tech company interested? For companies and entrepreneurs looking to partner with professional athletes in the tech space, Wilson advises building relationships with gatekeepers to athletes such as reputable agents, attorneys and financial advisors.

Related:Using the Winning Habits of Top Athletes to Fuel Your Success

That way, you and your favorite player may end up as business partners.

Wavy Line
Jaia Thomas

Attorney and Entrepreneur

Jaia Thomas is a Los Angeles-based sports and entertainment attorney. She also assists business owners with intellectual property matters, such as copyright and trademark registrations.

Editor's Pick

Related Topics

Business Culture

The Newest Workplace Trend Has HR Sounding The Alarm

HR departments are still figuring out how to handle "quiet quitting," but a new trend is taking over.

Business News

An 81-Year-Old Florida CEO Just Indicted for a $250 Million Ponzi Scheme Ran a Sprawling Senior Citizen Crime Ring

Carl Ruderman is the fifth senior citizen in the Miami-Fort-Lauderdale-Palm Beach metropolitan area to face charges in connection with the scam.

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Business News

Taco Bell Slammed With Lawsuit Over 'Especially Concerning' Advertisements, Allegedly Deceiving Customers

The class action lawsuit claims the chain is advertising more than they deliver.

Business News

Body of Missing 27-Year-Old Goldman Sachs Banker Found in Nearby Body of Water

John Castic, a 27-year-old Goldman Sachs employee, went missing around 2:30 a.m. on Saturday after attending a concert at the Brooklyn Mirage in East Williamsburg.

Marketing

'I Cannot Wait to Host You': Gwyneth Paltrow Just Listed Her Guesthouse On Airbnb.

The goop founder says she hopes 'we'll find connections and commonalities over a delicious meal.'