Started By
Message
re: Is Ole Miss really financing their NIL play?
Posted on 1/23/24 at 12:59 pm to Insurancerebel
Posted on 1/23/24 at 12:59 pm to Insurancerebel
quote:
Go to the bank and ask for $12 million dollars, and then tell them you plan on giving it to a college kid, with no intention of ever collecting it back. Let me know how that goes for you
They aren't borrowing from a literal bank, it's more of a robbing Peter to pay Paul situation if I understand correctly.
3
Posted on 1/23/24 at 1:04 pm to SidewalkTiger
It’s more like big tobacco settlement money that’s funding it.
Posted on 1/23/24 at 1:56 pm to SidewalkTiger
quote:
They aren't borrowing from a literal bank, it's more of a robbing Peter to pay Paul situation if I understand correctly.
Lmao as someone who works in investment management this made me laugh out loud.
Posted on 1/23/24 at 2:40 pm to SidewalkTiger
quote:
They aren't borrowing from a literal bank, it's more of a robbing Peter to pay Paul situation if I understand correctly.
Do tell.... who is Peter and who is Paul in this situation?
Who is the lender, what collateral is being used?
Was it a blood oath?
Page 1 of 1
Popular
Back to top
Follow SECRant for SEC Football News