Ep 261 - NC State OL Tim Mckay talks NIL & 2022 Season

NC State OL Tim McKay joins us to talk about NIL, NFT's, life after football, 2022 season and evaluating OL play.

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NIL part 1 with Scott Wood https://redwhitenetwork.com/scott-wood-talks-nil/

NIL part 2 with Josh Goodson https://redwhitenetwork.com/ep-260-pack-of-wolves-board-member-josh-goodson/

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If you like the pod, consider supporting us @ https://redwhitenetwork.com/membershipThanks to the sponsor LivingReleaf.com use code RedWhite20 for 20% off North Carolina-based Delta-8, CBD and THCV products. Relaxation w/o the high.

Poorly Done Transcription of our conversation with Tim Mckay

00:21.40
redwhitepodcast
All right folks we are back with another edition of the red and white podcast I'm your host Evan here with my friend will we have special guests again. Our series of n ni talks continue now with Tim Mckay Offphins of line and Nc state. Tim how you doing I doing great everybody we've we've talked to array. We talked to scott wood earlier this morning we talked to Josh Goodson they kept deferring to you on a lot of these questions so we're gonna bring the heat for you on these questions. So I hope you're ready for it.

00:40.81
Tim McKay
I'm good. How are you doing.

00:58.67
redwhitepodcast
But first one is Josh said you're gonna end up running a billion dollar hedge fund in in New York City is that your end goal. But yeah, okay.

01:03.32
Tim McKay
The angle would be venture capital not hedge fund but multibillion dollar venture capital fund in New York city San Francisco really is exciting stuff.

01:15.21
redwhitepodcast
I Know you caught our attention recently you and anytime somebody you know tweets out of the norm right? and I want to say you're out of norm because most athletes don't. Say engage in the way you do with your other interests outside of football right? We've seen your series of tweets lately and the off season have all been business and Brand related was N Il in your mind when you started those or is that just you know what you're trying to do. How are you building your brand and and and what is what is all that about what's your interest there.

01:52.13
Tim McKay
So to be honest and I wasn't really my mind when I started tweeting so a lot of venture capitalists live on Twitter and like that's we get a lot of the dealful deal flow from so I just thought I was like putting myself out there making connection with these big players in the industry. Hopefully. Something to get out of it and it's really worked a lot so I made a lot of great connections. So I'm gonna keep tweeting.

02:15.55
redwhitepodcast
Nice will are you still delayed.

02:17.75
Will
Yeah I would say yeah I don't know if I'm I'm super delayed or not but the um yeah, it really caught our eyes and it was kind of refreshing to see that um I was kind of curious. You know, icky Obviously just got drafted and had a huge season and there was all this. You know I would say part of his brand is probably around pancakes and things like that. Are you surprised that you know you guys weren't able to leverage that as an oline unit and get some and ni sponsorships from ah you know any of the pancake companies or syrup bottles or ihop.

02:49.64
Tim McKay
To be honest when NIo started like in July we were really focused on like getting deals and stuff like we went strain into the season we had like one month to folks on NNio and then fall camp came and then we just folks in the season so weably might look at look at it too much.

03:04.69
Will
Yeah, well, ah yeah, and I was curious too right? Like I mean do the coaches kind of give you guys any advice on how to you know? Obviously you want to stay focused during the offseason during the training.

03:06.99
Tim McKay
Maybe this year the

03:18.20
Will
You know in season but you know are they encouraging you guys to try to take advantage of these opportunities when you can.

03:23.33
Tim McKay
Yeah, they definitely think a great opportunity for us to capitalize on our N I So definitely talks in the merf but goes back to like really focusing on football too like be balancing your studies and your academics and and io.

03:40.16
redwhitepodcast
Do you think this this whole thing is leading to be athletes. Um maybe less student athletes and more employees You think that's ah the trend is is going or you know is there? How do you feel about all that.

03:58.60
Tim McKay
It's crazy because I just saw your tweet about that like right before this call that's funny. Um, oh no, we'll see lots going on things are changing every day. My things always be viewed as employees since we go to a lot.

04:07.69
redwhitepodcast
Yeah.

04:13.14
Tim McKay
But I know we're on scholarship here to be students. So I appreciate the scholarship and everything. But I think we do more to classify ourselves as employees.

04:20.80
Will
Yeah I think there's um I think there's a large segment of the fan base that would probably agree with that. Um, but we understand you know we we don't want put you in a bad position there right? But I I think that was a fair answer. Um. You know we'll switch it up for a second because I know some people are going to want to know some football stuff so you know just like coming out of spring Camp. You know, do you guys? Do you feel like you know everything's running up for a big year or is there anything like you think you need to work on or Demys to work on.

04:50.76
Tim McKay
We definitely had a great spring. You know we're flying around really clicking all gears going full speed I think we have a great season just gonna go into summer workouts and just grind again and build that but strong bond and early go after this year get the acc hopefully ninety you.

05:09.22
redwhitepodcast
If State has a big year is there as a collective or have you all talked about. Are there any strategies in police to take advantage of that for the players. Okay, and.

05:20.00
Tim McKay
We haven't talked about that yet ever do something new.

05:27.27
redwhitepodcast
Other question is is getting more towards some of your tweets that I think been really interesting as a player speaking to other players right? I see you talking about this of building your brand those things a lot. How how are you advising the younger guys to market themselves and build their brands I know something you're working on. Are they coming to you for those questions you know for those answers or for that conversation.

05:48.77
Tim McKay
So a lot of guys have come to me but they're not really interested in like building their brand but I advise them to like just start talking about things. You're interested in. You know, Obviously you're football player but you have life after football. So like what are you gonna do after that. So talk about your interest.

05:59.30
redwhitepodcast
M.

06:06.72
Tim McKay
Talk about things you think are fun and just really put yourself out there. It's hard to put yourself out there. But if you do a lot of great things will happen out of it.

06:13.57
redwhitepodcast
Yeah, one of your tweets I'm gonna read it right here. College sports is such a short blip on our lives but we do in college can define our next five to ten years of our lot of of our lives networking and experience are are keen to success after college I mean I thought that was a very astute point I mean that is something that. I didn't realize as ah, a college student right? and and you guys are as football players are in position to have that attention start building your network based on your your on the field skills. But also that now that opens the doors for your ah your other skills and other interests. You know I I just think that whole that whole series you you.

06:41.17
Tim McKay
3

06:52.82
redwhitepodcast
That thread you created I thought it was very on point and you know more athletes I think would benefit themselves to think about things like that as they're trying to grow so good on you for for understanding that at the at that point man well Beyond where I was at that point.

06:54.53
Tim McKay
Thank you.

07:05.37
Tim McKay
Think I also will saying also say that Oh also say that for college athletes. This might be the height of your markability So take advantage of that and really focus on using your brand and leveraging that to.

07:08.18
Will
Yeah, maybe a oh oh sorry Tim go.

07:24.61
Tim McKay
You for success after college.

07:27.45
redwhitepodcast
Yeah I mean Absolutely I think that is use. Yeah use exposure you have now and and again if you're interested in something of players talking about it. You know doing it I'm curious I know you have some teammates like drake and they are who are doing their own ventures. Ah, do you know what kind of success they're funding. Are they funding the you know the level of you know success What they're intended or what they had hoped.

07:55.59
Tim McKay
I Really asked them too much about it.

08:01.12
redwhitepodcast
Yeah, do y'll, do do the players talk about their and I deals and and things like that.

08:09.55
Tim McKay
Not really, it's crazy like I mean we're all doing our own stuff but with the collective we'll like really bring us together and might be a big topic in the locker room I see it happening.

08:18.50
redwhitepodcast
Yeah, nice, so go well.

08:21.52
Will
It it kind of it kind of reminds me ofvan of like you know I remember my dad gave me this advice 1 time it was like don't talk about your salary. Don't talk about things that you're earning and I've always wondered if maybe that that's kind of like an unspoken rule right in the locker room right? like you'll you'll see like a tweet you know I think um. You know Devyn was doing that thing for bobbit I think right? So like you guys are obviously going to see that but I'd I'd assume it's almost better if you guys don't really speak too much of the details right? other than maybe trying to help each other find you know a networking opportunity or something like that.

08:53.20
Tim McKay
Get me I think when you see those mega deals and people start talking. Yeah then like am might.

08:56.52
redwhitepodcast
So you've got yeah, you've got web 3 in your Twitter profile oops sorry I think her la in here. You've got you.

09:10.16
Will
Yeah E Evans Evans Countryside internet is bogging us down. So just ah.

09:15.13
redwhitepodcast
is it mine is it mine I don't know um you got web 3 to Twitter profile and then and will and I did a podcast recently about the Oregon ducks ducks of a offend ducks of a feather Nft promotion for their NNil have you seen that.

09:31.93
Tim McKay
I haven't seen the I'll definitely check that out. You said Oregon ducks.

09:36.70
redwhitepodcast
Ah, yeah, I'll pass on to the information we have we took we did a podcast about it and there's a bunch of notes what they did was they raised money for their and n ni by launching an Nft they ta they associate those nfts with the limit edition Nike Shoe and they got all sorts of celebrity involvement and it's super interesting I think you probably find it fascinating I'll pass it on to you? Yeah I think one of the things you had tweeted about nil being the wild west right? And that's why all these questions and you know nobody really has.

10:01.37
Tim McKay
That's pretty neat.

10:11.21
Tim McKay
Yeah, crazy.

10:12.13
redwhitepodcast
The right answers yet kind of figuring out. Um, but you said the most overlooked avenue in web 3 or is web 3 right? and so that's crypto and fts all these things. How do you relate that to athletics.

10:29.30
Tim McKay
You know so and n nil name image likeness give ownership over your name image likeness obviously and then crypto web 3 decentized economy is also like you own all your data you own everything. So it's not like Apple Amazon positing off of you. You owning your andoring all your stuff. So I think with entity's an opportunity for you to have something that you fully own and allow fans and donors alumni to participate in the and profit on you growing and not have someone else in middleman profit offer you.

11:04.76
Will
Yeah, one of the things we talked about I think we did on that podcast was you know if if state had a almost like an Nft marketplace where the players could design tokens or you know leverage opportunities for experiences and things like that. That might be a way for for players to take advantage of the of the and ni. Um so I mean is that something that you've thought of.

11:28.80
Tim McKay
You actually didn't talk to the ah wolf pack the pack of what's collective about like working entities and stuff so something should be coming like the next couple of months so it's pretty exciting by day one thing and you think of like what if you got an nst of a really young player and you held it for 4 years

11:38.95
Will
That's cool.

11:46.47
Tim McKay
They graduated going to Nfl and like look at the value of the nc so that's a real income stream right? there.

11:50.82
Will
Yeah, it's like I mean a lot of people might be able to liken it more to like you know, having like a rookie player card or something like that and having it early right? Um I Still think a lot of people will probably struggle with the concepts around it. But you know like I can't remember what it was. What's that marketplace.

11:52.96
redwhitepodcast
That's awesome.

12:09.85
Will
Evan where they've been using the the pack drops and things like that for cards relatively like digital cards. Yeah yeah.

12:13.40
redwhitepodcast
open c Yeah open see yeah I think super. it's it's interesting ah that whole and I think that's you know, Tim's right on there I think. You'll probably see less trading cards in the future and you'll see nfts in that regards as you know as a replacement and I think you've seen some with a top shot I think and nba does some of that stuff. It'll be interesting to see how that evolves but I I see that direction is going in and.

12:37.43
Tim McKay
Yeah, yeah.

12:47.40
redwhitepodcast
Um, yeah, it's really interesting I know you're into Vc investing pitches. All of ah you know all that kind of stuff you know private equity. What would be your pitch to the average fan while they should participate in the pack of bulls collective.

12:53.70
Tim McKay
And.

13:01.64
Tim McKay
I Think people should participate in the pack of whats collective to support student athletes and help them grow as individuals after college to I think people should lend their network lend their experiences and lend their money to us not to us but to the collective as a whole to support us in our ventures. It's not just about monetary composition. It's about helping us build their brand for after College. It's about leaving impact course.

13:28.40
redwhitepodcast
That's good answer. That's a good answer.

13:28.46
Will
Yeah, it's I mean honestly, right? There's there's kind of been a wall between fans, businesses, etc and athletes in the past right? And that's what I think a lot of people are missing out with what these collectives are doing and what you're highlighting right? is is that network that Opportunity. You know the chance to you know? Maybe it'll be like you know, talks and forums and things like that where you guys are going to get something. You never got previously and that's what the the funding this kind of collective can help you guys with.

14:04.70
Will
Oh you know there? Evan's typing something into our Google doc here and I told him I had to ask this but you know what's what's it like having Matt back on the I guess he's he's pretty close by now right at Elon the um.

14:17.90
Tim McKay
Yeah, he is.

14:21.89
Will
Now I told him I would say this but I still feel like your brother got done done wrong that first season right? now you don't have to say anything Tim I'm just gonna say I thought he was the quarterback for that year and I'm just happy to see him still getting opportunities but like.

14:36.60
Tim McKay
Um, yeah.

14:38.98
Will
What what's it been like you know you guys have had very different experiences obviously with him going to multiple stops now and you being at Nc State like I mean do you guys talk about that a lot as like ah you know from a family perspective.

14:50.20
Tim McKay
It's definitely shown us like resiliency and hard work. You know he's been through a lot I won't talk him like his experienceing at and state because it's in the past but he's taught me a lot of lessons and is great at having nearby Elon he comes home a lot So that's great. You work out together and just bond even more. So I appreciate the.

15:05.11
Will
Yeah I've always been curious do when the players transfer out. Do do they still have an opportunity to come back and like work out with you guys in the off season or anything like that or is it Maybe that's something that would be explored down the road now that transferring is becoming more more normal.

15:19.45
Tim McKay
Um I want to say working out in the a season but maybe like doing on the weekend like Saturday morning going and then obviously pro day we have 4 players come back and work out with those.

15:28.68
Will
Yeah, that's a good point. Oh I guess are these all questions for me Evan okay well I'll do yeah so yeah, you know here's another one for just for the football perspective right? is you know you guys have obviously lost some some key folks.

15:33.72
redwhitepodcast
Go ahead with? yeah yeah, go ahead, Go ahead.

15:45.80
Will
This ah offseason we're still waiting to hear back with Zavala and the nca and obviously you know Ricky and Bam or and I you're gone but like you know does the oline itself like have you know goals as a unit or is each player kind of have individual goals for this year

16:01.21
Tim McKay
Um, when you play all line. Everything is like a unit if 1 person messes up then that mess up the whole play. So we all work together. We all had the same goals trying to dominate path detection run blocking and really give an opportunity for our backs and lyry to air it out. So. Working together. We don't have and many individual goals at all so just working as a unit.

16:22.49
Will
Yeah that's yeah I've been curious. You know a big thing. You know every other week is you'll see like a pro football focus or someone releasing you know their quote unquote grades on blocking and passing. Do you guys? Are you guys open to that kind of noise out there in social media with. People saying? Oh hey you know someone was like an 88 this week or 65 that week or do you guys just like not care about that at all.

16:46.90
Tim McKay
We don't care at all grade their grades their data their data. We don't have We don't know how they get it so we just focus on what we're doing focus on our assignment our play and Coach Garrison really helps us of understanding the play where he messed up and how we can get better. We don't only focus on proable focus and what they're doing.

17:03.58
Will
Yeah, have you guys have you guys talked at all about doing something maybe in the off season where you guys could maybe do like a ah podcast series where the offensive line you know tries to explain to casual fans like you know here's what you should be watching in the game Or. Here's where you know we didn't make a mistake. Perhaps.

17:21.68
Tim McKay
You never thought about that. That's really neat.

17:24.74
redwhitepodcast
But that's an opportunity for one of your teammates who wants to be and get into coaching or analysis right? there put that out on Twitter I mean stuff like that content is super interesting. It's one of the will and I talk about it but 2 idiots all the time.

17:31.30
Tim McKay
Need and definite. Oh yeah, that's.

17:42.43
redwhitepodcast
Like it's one of the areas that we don't know well and I think it's it's hard for the average fan to understand. Ah, you know how the offensive line is performing in that person. You know that So there's again, somebody's interested in it. You know, ah beyond if they if they want to get into that kind of thing then there's an opportunity.

17:51.80
Tim McKay
Yeah, amazing. That's a good idea. The bureau.

18:02.19
redwhitepodcast
Like you said create the content talk about the things that you're interested in and the audience will follow I think there's a lot of there's probably there's probably an opportunity out there for you know if 1 of your teammates is looking to get into you know sports broadcasting or you know any of that kind of stuff coaching like for to build their audience.

18:03.66
Tim McKay
Um e.

18:17.16
Tim McKay
Um, yeah.

18:20.66
redwhitepodcast
In in that manner I think it'd be super interesting because there's not a lot of well-informed opinions on yeah in that area right? that.

18:26.69
Tim McKay
Let me say.

18:28.20
Will
This is me just laying the groundwork for when we Dm you and say we need you this off season to you know break down some film for us and you know here here's the yeah $50 or whatever for the name image and likeness for it. But.

18:37.66
redwhitepodcast
That's right.

18:44.12
Will
I Always thought that was something that's up. That's a marketplace I Think that's kind of untapped is you know giving the players an opportunity to kind of say like this was a big play in the game that you may not recognize as a fan. It may go overlooked but here's where a tight end did something that that opened this whole play up. That it could have been a loss for 3 but instead's a pickup of 15 You know So I think there's there's space for you guys as athletes to to find that that opportunity.

19:03.41
Tim McKay
You got not training for sure.

19:12.32
redwhitepodcast
Tim, what's been your you started at Nc State Real early right? and it was pre and il now it's getting towards the end of your career at Nc State how is how's thathow nil changed I don't know your life as a student athlete I think that's we asked Scott that you know hypothetically, but you're right in the mix right? How how is that your 2 years in your last you know year and a half been different because of an I o.

19:42.70
Tim McKay
Um, as far as football wise I wouldn't say it's changed too much but obviously off the field I've have an opportunity to make a name for myself. Not just in football but in business world and talk about things I like so and I give me perfect opportunity to. And my networks then my experiences and like really build my brand so I haven't had the opportunity when I first came here which could have been nice but now that I have it I'm grateful for it.

20:08.55
redwhitepodcast
Nice with now you you talk about building your brain give us where can our people find you right? We have a few thousand people are gonna listen to this where do they find Tim Mckay what's Tim Mckay interested in what are you know? what are you doing outside of football.

20:24.87
Tim McKay
So yeah, so right now I'm doing an entrancenship with Rtp Capital it's an early stage angel group and investing in the early stage startups and I'm working with the due diligence team and screen startups and I talk about a lot on Twitter you can find me at at Timothy J Mckay and Instagram at Timothy J Mckay and this summer I'll be diving an internship and just speaking more about metric capital and investing really getting into it.

20:52.20
redwhitepodcast
We'll link to all your social profiles in the podcast just podcast description. One of the things that I received to you Twitter last night and I responded to you about your talking about market opportunities and pitch deck. How do people evaluate that now I've been. In similar space for a long time and I think what I've seen and this is what I put on Twitter is that people grossly overestimate their market size right? and and how do you under? How do you? your question was how do the how do you figure that out and I think it is.

21:17.23
Tim McKay
You.

21:23.40
Tim McKay
I Would think the noise. Yeah.

21:27.11
redwhitepodcast
Yeah, exactly How do you see the noise. It's it's understanding the reality of that market size I think that is the different that makes a good investor. That's what makes you stand out among others is not just saying you know I'm targeted. Everybody's interested in football or you know, whatever it may be for that particular venture. But it's in the reality. The market is much smaller than that and seeing if somebody can define to me the ones that are always most interesting are are the ones that are saying hey the market is this is my I'm going after this specific demographic or this specific group or this specific part of the market that to me that it identifies somebody who knows what they're talking about.

21:58.62
Tim McKay
2

22:06.95
redwhitepodcast
And knows that they are you know eventually maybe your market is much bigger but having a much more narrow focus straight away is um and I think you probably learn that as you get into you know the due diligence investing and whatnot. But I think that is 1 thing that.

22:21.82
Tim McKay
Meaning.

22:26.88
redwhitepodcast
You'll see people who get it and don't get it is in is's exactly right? They are seeing through the noise with they with their overall market size Tim I'm just a cute of a bunch of links I'm going to Dm you about the Oregon ducks nfc scott I think you're.

22:33.22
Tim McKay
I Amaze it.

22:41.63
Tim McKay
Yeah.

22:44.50
redwhitepodcast
You'll be really interested in seeing how they did that and what they did there but in the future if there's anything else that we can help you with if anything you want promotion with anything you want talk about feel free to reach out. We appreciate what you're doing on the field. What you're doing off the field I think it's is super interesting. Hope you have a fantastic season. Pulling for you pulling for the team and you know again, let us know how we can help as always thanks for listening y'all reached find out look out for Tim his links will be in the description of the podcast and thanks for listening. Go pack.

23:07.81
Tim McKay
Yes, sir. Thank you.

23:19.66
Will
Yeah, go back.