A new company is offering college athletes upfront cash in exchange for a portion of their name, image and likeness deals, an arrangement some consumer protection experts and financial advisers say could prey on young athletes.
This looks so bad on first glance that I know im going to get a lot of hate for this, but the details don’t look that bad. If you read the article, it states that a sample contract offered 50k for future earnings OR until it makes back 125k over 7 years, the length of its contract. Reasonable numbers.
It doesn’t quite seem like he’s trying to prey and exploit elite athletes of out their millions by taking advantage of their current circumstances.
This looks so bad on first glance that I know im going to get a lot of hate for this, but the details don’t look that bad. If you read the article, it states that a sample contract offered 50k for future earnings OR until it makes back 125k over 7 years, the length of its contract. Reasonable numbers.
It doesn’t quite seem like he’s trying to prey and exploit elite athletes of out their millions by taking advantage of their current circumstances.
You know people on reddit don’t read lol.