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NIL, Transfers, and Stratospheric Salaries. What Is the Future of GT Football and College Football in General?
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<blockquote data-quote="roadkill" data-source="post: 959616" data-attributes="member: 1555"><p>Agree. </p><p>This deal is being described as a NIL deal subject to certain laws in the state which make his type of arrangement illegal, thus the lawsuit. I find this (the illegality) hard to fathom. According to reports, the company has raised over $400M in venture cap and has been doing deals for several years. I imagine the deals are set up to comply with existing laws.</p><p></p><p>The company puts its capital at risk and gets nothing back if the athlete gets injured before going pro or otherwise fails to make it in pro sports. On the other hand, they certainly could be accused of taking advantage of young athletes who don’t understand the NPV of the deal should they become a high draft pick. I know I would have been tempted to take the upfront $$ when I was 18-19, regardless of the consequences.</p></blockquote><p></p>
[QUOTE="roadkill, post: 959616, member: 1555"] Agree. This deal is being described as a NIL deal subject to certain laws in the state which make his type of arrangement illegal, thus the lawsuit. I find this (the illegality) hard to fathom. According to reports, the company has raised over $400M in venture cap and has been doing deals for several years. I imagine the deals are set up to comply with existing laws. The company puts its capital at risk and gets nothing back if the athlete gets injured before going pro or otherwise fails to make it in pro sports. On the other hand, they certainly could be accused of taking advantage of young athletes who don’t understand the NPV of the deal should they become a high draft pick. I know I would have been tempted to take the upfront $$ when I was 18-19, regardless of the consequences. [/QUOTE]
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NIL, Transfers, and Stratospheric Salaries. What Is the Future of GT Football and College Football in General?
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