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re: Where are all the advertisements? Kids are being paid millions for their likeness
Posted on 12/15/23 at 11:53 am to narddogg81
Posted on 12/15/23 at 11:53 am to narddogg81
This is what I thought NIL would be. But it's not. Instead Collectives were established.
2
Posted on 12/15/23 at 12:03 pm to mckibaj
quote:you would think there would be a legal component here. in contracts law there is a concept known as consideration. you cant make a blatantly lopsided contract without proper consideration, its what separates a contract from a gift. And the consideration has to be commensurate with the value of whats changing hands. So what consideration are these businesses getting out of the NIL money without the players actually participating in marketing efforts? its very sketchy
This is what I thought NIL would be. But it's not. Instead Collectives were established.
This post was edited on 12/15/23 at 4:25 pm
Posted on 12/15/23 at 7:55 pm to mckibaj
quote:
This is what I thought NIL would be.
I'm sorry, but really? People were actually naive enough to believe this? Helen Keller could see it was going to turn into pay for play.
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