twobagelsanightB to NBAEnglish · 6 days agoThis is legit gross stuff from Kendrick Perkins.www.espn.comexternal-linkmessage-square164fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkThis is legit gross stuff from Kendrick Perkins.www.espn.comtwobagelsanightB to NBAEnglish · 6 days agomessage-square164fedilink
minus-squarehnbastronautBlinkfedilinkEnglisharrow-up1·6 days agoThank you - it makes no sense to give them a cut that doubles their investment out of your pocket. And then you still pay taxes etc. And with an agent they don’t own you likeness lol. It’s so weird. Why wouldn’t he just start an agency?
minus-squaresneedmarseyBlinkfedilinkEnglisharrow-up1·6 days ago no sense to give them a cut that doubles their investment It makes a lot of sense because you’ll probably come out ahead with a 50k upfront payment unless your NIL earnings are above 110k. The amount that they take also caps at 125k so it’s not going to prevent you from earning tons of cash if you’re a superstar. It’s basically just insurance, which I guess most redditors consider to be a scam, but not normal humans.
Thank you - it makes no sense to give them a cut that doubles their investment out of your pocket. And then you still pay taxes etc.
And with an agent they don’t own you likeness lol. It’s so weird. Why wouldn’t he just start an agency?
It makes a lot of sense because you’ll probably come out ahead with a 50k upfront payment unless your NIL earnings are above 110k.
The amount that they take also caps at 125k so it’s not going to prevent you from earning tons of cash if you’re a superstar.
It’s basically just insurance, which I guess most redditors consider to be a scam, but not normal humans.