Look, admittedly, ehicks came out of the box hot with his Heisenberg/laundering comment, which was more of a one-liner joking comment rather than a measured and factual analysis.
Since that time, he has engaged in conversation with you and others that put more thought and analysis into the overall discussion.
I think we all need to take a breath and just acknowledge a few things. First, nobody disputes how the Ruiz family has made most of its CURRENT net worth. Legal cases. Nothing shocking or shady there.
Second, there may be some disagreement or question as to the proposed new business and its ultimate valuation. Completely fair, but not really the focus of the NIL discussion.
Third, there is the issue of the NIL activity, in and of itself. There are just a couple of odd items, which may have reasonable explanations. First, the kinds of businesses we EXPECTED would be involved with NIL deals (i.e, car dealerships, local restaurants/bars) are not what we are seeing with Life Wallet. So it can seem a bit different, and worthy of some questions. Second, the issues that ehicks has raised (related to the flow of money) are certainly relevant not only to this deal, but to any deals in any college-towns that involve large sums of money being pumped into pass-through entities and then flowing back out again with "less-than-publicly-traded-company" type scrutiny.
Fourth, let's not forget that we are Miami. There will be scrutiny, whether it comes from the NCAA, the rival fans, bitter sports journalists with nothing better to do, etc. We just have to be prepared. Questions are valid, coming up with great responses is even more helpful.
I can agree that ehicks' first post went too far, but I think that since that time, he has advanced the debate with legitimate points.
I support the Ruiz family and all they are trying to do for UM.
That is all.