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.
If the player makes nothing in NIL deals over the seven years of the contract, Nilly loses its $50,000 investment. If the player earns $200,000 in deals during the contract, Nilly receives $50,000 and recoups its initial investment. If the player earns $500,000, Nilly receives $125,000 – recouping its initial investment, plus $75,000 – the maximum the company can make from the contract.
Wait… this is what people are frothing at the mouth in rage over?
You gotta understand though, most users here are just illiterate sheep who like riling themselves up and Kendrick Perkins is like an energizer battery to them.
Wait… this is what people are frothing at the mouth in rage over?
Yes.
You gotta understand though, most users here are just illiterate sheep who like riling themselves up and Kendrick Perkins is like an energizer battery to them.
Kendrick Perkins fucking sucks. But the terms of this contract are generous for the player.
They hate perk and they won’t see shit any other way.