Orange_Crush
Resident windbag genius
- Joined
- Dec 1, 2004
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He signs away his future ability to negotiate/receive NIL money, we give him $350,000 this year with no contractual guarantee of more money in the future? Or we give a contractual guarantee of more money in the future that can't be tied to UT?It comes over time. Not at once. And he couldn't make any other deals...so that's the disincentive.
So, normally, yes that would be the big risk. He'd transfer to Oregon in 1 years and get a new Nike NIL deal.
I mean, sure, he could decide $2mm after 1 year is more than enough and transfer. But hard to imagine passing up another 2...4...6mm. We would really have to mess things up royally for someone to want to transfer that badly lolol. That's a huge advantage over, say, the Quinn Ewers decision. His big NIL deal was from a Texan org anyway.
There are no guarantees ofc, but this is about as smart of a contract as you can have. Lots of incentives to stay and disincentives to leave. That's all you can ask for.
Spyre is a sports marketing agency. Not set up as a nonprofit. They are a standard LLC.Serious question...does donating to spyre count as a charitable donation on your taxes? Asking for all my friends.
I don’t understand balking at 8 mil. I would rather pay it on players than more coaches buyouts
It depends on how their business is setup through the government. @Bruce Wayne might know he seems to know about them a littleSerious question...does donating to spyre count as a charitable donation on your taxes? Asking for all my friends.
No. They try to keep privacy...a thing. As I think is the right thing to do.Does Spyre disclose how the 90% is being distributed and if I sign up, do they tell us in the newsletter which recruits they are planning to sign?
Yea, I like that part of it for sure. But can’t that be done in private. But doesn’t this help other schools fans to do the same? I guess it can’t be kept secret but also brings the microscope. As long as they are bulletproof legal I guess it’s coolWhy??? More attention...more top shelf recruits attention...More commits
I no longer have The Athletic and not sure if they posted the exact, semi-redacted, contract or just interpreted it for readers. So I don't know exactly.He signs away his future ability to negotiate/receive NIL money, we give him $350,000 this year with no contractual guarantee of more money in the future? Or we give a contractual guarantee of more money in the future that can't be tied to UT?
I still don't see the guarantee in favor of UT unless Nico is willing to take a huge step of faith on the wink and nod that isn't in the contract. There has to be something that ties him to the location, if not the school, for a determinate amount of time.
I should have stated I was talking about an informal agreement between the parties. Because that's exactly what it looks like from the outside.Not true. There is no such agreement. They could technically deal with other schools but they just choose not to cause they’re all UT fans… Spyre is in no way officially affiliated with UT.
It's a copycat league... difference is we will have a two year head start on those other start ups.Yea, I like that part of it for sure. But can’t that be done in private. But doesn’t this help other schools fans to do the same? I guess it can’t be kept secret but also brings the microscope. As long as they are bulletproof legal I guess it’s cool