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- Nov 23, 2011
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If you want an honest response...
I typed that one on my iPhone when I was at the bank.
The "longer" responses are from my computer.
Truth.
If you want an honest response...
I typed that one on my iPhone when I was at the bank.
The "longer" responses are from my computer.
Truth.
@SpikeUM Are there any concerns about his ability to use lifewallet for this once the other company goes public? Are they under the same corporate umbrella/is that part of the SPAC?
I guess if you are the CEO, it is your marketing campaign, and he can show the social media impact/ROI there would be no issue anyways. I agree - it is clear he has thought this out very, very well. I’ll continue to laugh at the commentators that keep showing how little they know.Not sure, thats a really good question, but one has to assume that Ruiz already has it figured out.
@SpikeUM Are there any concerns about his ability to use lifewallet for this once the other company goes public? Are they under the same corporate umbrella/is that part of the SPAC?
The Lifewallet site just says powered by MSP Recovery. So it is possible that Lifewallet is a completely separate company that has licensed MSP Recovery technology to do what it does. In that situation it could very well be a separate company. Also after the SPAC goes through Ruiz is likely to still be majority owner of MSP Recovery. In that situation he still has final say and as long as he can show there is a positive ROI than it likely is fine especially since as others have said Lifewallet actual has NIL with non-Hurricane players.Would need to see the corporate org chart, but I suspect the companies are related and would all be under the same parent holding company.
The next phase of Gater Logicz: Stars Don't Matter Bro![Creed Whittemore commit thread]
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Never stop Gaytoring, Gaytors...
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I like that every poster on here understands how NIL works better than anyone at fsu or uf.I agree with much of this and only add a few obvious points. First, the “collectives” such as those at UF and FSU exist ONLY to pay players to play for a school. That is NOT selling a person’s NIL. A company, like LW is, in theory, paying a kid to advertise its products. As an illustration, how many college football fans have now heard of LW and are predisposed to buy its products over it’s competitors? See how that works. The company has bought national attention by its advertising. Second, I think it is unlikely that huge publicly traded corporations will get into the NIL business. Their managers owe a fiduciary duty to shareholders to maximize value of the company. It would be impossible to claim that paying an unknown high school QB millions of dollars to attend Tennessee adds any value to Coke, Mercedes Benz, or Jack Daniels. Having a star NFL QB or an NBA all-star push your insurance, booze, or shoes will certainly increase sales. And finally, Billionaires who own businesses do not answer to boards or shareholders. So, if T Boone Pickens wants to spend fifty million dollars to enjoy going to Pickens stadium on Saturdays in the fall, he can use his chump change to do it. He just must have the players appear in his TV ads or sign at car dealerships he owns. I just pray that my Canes have lots of Billionaires who want watch great sports at their venues. That is all.
The Lifewallet site just says powered by MSP Recovery. So it is possible that Lifewallet is a completely separate company that has licensed MSP Recovery technology to do what it does. In that situation it could very well be a separate company. Also after the SPAC goes through Ruiz is likely to still be majority owner of MSP Recovery. In that situation he still has final say and as long as he can show there is a positive ROI than it likely is fine especially since as others have said Lifewallet actual has NIL with non-Hurricane players.
or your asst...lolIf you want an honest response...
I typed that one on my iPhone when I was at the bank.
The "longer" responses are from my computer.
Truth.
you hit the nail on the head...I cant wait to see how these collectives get handled especially Tenn and texas a&mThis is exactly what I was talking about. Wong is using his name image and likeness to promote life wallet appearing in a commercial. And if life while it gets bigger the commercials will pay more. Gathering up a whole bunch of money and then giving it to players is not a player using his name image and likeness. I don’t understand why other schools went ahead and did this.
It literally goes against the entire Ed O’Bannon lawsuit. O’Bannon was upset that his Name and number on a jersey were being sold and making millions of dollars as was his name image and likeness on a video game and him not getting paid for it.
The Ed O’Bannon case had nothing to do with him getting money from people gathering their scratch together and giving it to him. I found the whole flaccid spear gator collective ridiculous from the jump. It’s akin to starting a go fund me to pay players.
This is why I wasn’t in agreement with a lot of people saying that it was going to be the end of teams like Miami and USC. This is a marketing opportunity for players this is not a greenlight for boosters to just give players money without any stipulations. I have no idea where Tennessee is going to gather $8 million to give Nico In the way that NIL is scripted at present. Maybe they’re just gonna pay him above market for whatever appearances he makes or pay him a Fck ton to wear something.
I have no idea.
At least the lawyers here do..................I like that every poster on here understands how NIL works better than anyone at fsu or uf.
I generally agree, but it could and would have gone very differently for us if we did not bring Mario down. I do think some of the traditional bag schools will still be able to churn out somewhat substantial deals, Georgia and Bama in particular. Tennessee and Auburn both have their version of Ruiz that can do a similar amount of NILs. The Haslams at TN can do it with Flying J and Rame can do it with Yellawood. I don't know whether they will or won't, but they certainly can with their net worth and the ownership structure of their businesses. They are ****ed because 1) more teams can now do it, 2) those teams are in Miami and LA where they have been able to poach players looking for a bag nearly at will, and 3) the price has gone up as a result.This is exactly what I was talking about. Wong is using his name image and likeness to promote life wallet appearing in a commercial. And if life while it gets bigger the commercials will pay more. Gathering up a whole bunch of money and then giving it to players is not a player using his name image and likeness. I don’t understand why other schools went ahead and did this.
It literally goes against the entire Ed O’Bannon lawsuit. O’Bannon was upset that his Name and number on a jersey were being sold and making millions of dollars as was his name image and likeness on a video game and him not getting paid for it.
The Ed O’Bannon case had nothing to do with him getting money from people gathering their scratch together and giving it to him. I found the whole flaccid spear gator collective ridiculous from the jump. It’s akin to starting a go fund me to pay players.
This is why I wasn’t in agreement with a lot of people saying that it was going to be the end of teams like Miami and USC. This is a marketing opportunity for players this is not a greenlight for boosters to just give players money without any stipulations. I have no idea where Tennessee is going to gather $8 million to give Nico In the way that NIL is scripted at present. Maybe they’re just gonna pay him above market for whatever appearances he makes or pay him a Fck ton to wear something.
I have no idea.
I would also add that they think "everyone should get a piece of the pie" that sounds more like a little socialism to me. If you have positioned yourself to be very wealthy because of your work ethic, good ideas, willingness to fail if need be so that you can achieve, I say ***** you wanting a piece of what I earned but that's just coming from a Homestead capitalist.I find it hilarious that a bunch of dudes who likely consider themselves to be staunch capitalists want the government to step in and prevent athletes from getting more money than they think they deserve. In a capitalist market, players are worth exactly what someone is willing to pay them. Don’t hate the player hate the game.
I would also add that they think "everyone should get a piece of the pie" that sounds more like a little socialism to me. If you have positioned yourself to be very wealthy because of your work ethic, good ideas, willingness to fail if need be so that you can achieve, I say ***** you wanting a piece of what I earned but that's just coming from a Homestead capitalist.
He obviously isnt married because if he is his wife or husband for that matter obviously doesnt love him to check off on that.I was similarly coming to post this comment. Just wearing that shirt is bad enough, but imagine deciding to make it your Twitter avi....