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Name and Likeness Law Signed by Kemp
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<blockquote data-quote="MountainBuzzMan" data-source="post: 799913" data-attributes="member: 3069"><p>What does the "Up To 75%" mean. Is it the discretion of the school? Will some schools be different than others?</p><p></p><p>Lets say as an individual, I have $5M per year to spend to buy 4 players for my school at $1M a pop. I keep $1M in reserve so I can re-purchase a few key players that the school needs to compete and get past the first year free transfer.. </p><p></p><p>Could the school take $750K of the bonus and another school only takes 50%. So I would need to provide $2M per player to match the players take home pay?</p><p></p><p>This really needs to be cleared up for budgeting reasons.</p></blockquote><p></p>
[QUOTE="MountainBuzzMan, post: 799913, member: 3069"] What does the "Up To 75%" mean. Is it the discretion of the school? Will some schools be different than others? Lets say as an individual, I have $5M per year to spend to buy 4 players for my school at $1M a pop. I keep $1M in reserve so I can re-purchase a few key players that the school needs to compete and get past the first year free transfer.. Could the school take $750K of the bonus and another school only takes 50%. So I would need to provide $2M per player to match the players take home pay? This really needs to be cleared up for budgeting reasons. [/QUOTE]
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