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Another Gator screwed by NIL

I've met the guy that runs this fund and know someone that has invested. It started with baseball and BLA used advanced analytics and stats to project minor leaguers that would make the majors. Minor leaguers don't make much, so they would advance $x in exchange for a % of their major league earnings if they get there.

I believe the first fund was on pace for great returns. Didn't realize they expanded in to other sports. They were trying to get a betting prediction service off the ground a couple of years back, but it never got traction.
 
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CaneSinceForEver said:
Who TF was representing Him?
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The law firm of Dewey, Cheatham, & Howe.

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numbers said:
I've met the guy that runs this fund and know someone that has invested. It started with baseball and BLA used advanced analytics and stats to project minor leaguers that would make the majors. Minor leaguers don't make much, so they would advance $x in exchange for a % of their major league earnings if they get there.

I believe the first fund was on pace for great returns. Didn't realize they expanded in to other sports. They were trying to get a betting prediction service off the ground a couple of years back, but it never got traction.
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From reading up on the details it looks like they didn't do complete diligence on what is required by Florida law if it is indeed a NIL. If its deemed to be an agency relationship, they still didn't comply with Florida law. I am surprised an organization like this would have a general counsel that has only been practicing for 4 years (2019 Florida law school grad).
 
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