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This article says the SPAC was valued at $33b and he has a 70% stake in the company, hence the $23b. Obviously depends what it ends up being. https://www.law.com/dailybusinessreview/2021/12/13/how-ex-tv-lawyer-john-ruiz-turned-millions-into-billions/

Exactly, but I was just wanting to show the ridiculous amount of money it was at a minimal return. Who knows with the current state of the world, but even at a 4% return, multiply everything by four. It's insane money.

Yeah I love how all our rivals are starting to say he's another Shapiro. From what I've read this guy has nothing to do with investing people's money. Just making money as an attorney and building businesses. The hate is real and they don't want to believe we may actually be legit in the NIL...

Not sure what his current net worth is, but if his deal nets him $23 billion, $10m is literally only .04% of that. Not 4%, .04%. If my math is correct, if he got an annual return of only 1% of $23b, that'd be over $230m in returns per year, or $19m PER MONTH. So his $10m NIL investment would be...

But if NIL is done as it should be, for marketing, that should be a business expense, which helps with taxes too.

I don't even think Harbaugh did that. Maybe Saban to Bama? They were struggling bad before he showed. I don't remember what the initial reaction was, though. In all honesty, there has been NOTHING like this because part of the shock has been the NIL game and we are playing with the big boys now...

Both schools headed in the right direction for sure. If we can both bounce back to CFP level, it significantly brings down the SEC.

This is an underrated take I haven't seen discussed. This is a homecoming for Mario. People are rallying around him. Plus, like you said, the big money is all personally/emotionally invested. Ruiz is freakin' related (via marriage) to Mario. That's why I laugh when I hear "What will happen when...

Wouldn't shock me. Not the biggest football town. Takes a winner to get people's attention. Sound familiar? Luckily we have the right connections right now at the right time.

In all honesty, we're so similar. College football badly needs both back. We bring the glitz and glamour and make it a much more national game than SEC dominance. Colin Cowherd is a douche at times but has consistently said college football is better when us and USC are good. It's just more fun...

They're pretty much the west coast us, no?

Because Manny is the portal king and he thez that Penn Thtate is the real linebacker U. :rolleyes:

Imagine if NIL was legal during the 80s when we were changing the sport.