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re: Is this legal under NIL? If it is, it's genius.

Posted on 12/9/22 at 9:13 am to
Posted by the808bass
The Lou
Member since Oct 2012
111507 posts
Posted on 12/9/22 at 9:13 am to
quote:

It is kept totally separate from Prospex operating funds.


Laughs in SBF.
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
54624 posts
Posted on 12/9/22 at 9:14 am to
Send him to Oregon

Bo needs a buddy and not like Ducks will be in a CFP soon
Posted by SneezyBeltranIsHere
Member since Jul 2021
2451 posts
Posted on 12/9/22 at 9:15 am to
quote:

The best way to stop this from becoming a thing


How many Southern communist football fans are there on the Rant?

This is Capitalism at its best. If you don't like the free market, go watch some AOC videos and leave college football discussion to the real Americans.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40847 posts
Posted on 12/9/22 at 9:16 am to
quote:

If they are a part of On3,


They clearly spell out they are not part of On3. They are business partners with On3
Posted by Lonnie Utah
Utah!
Member since Jul 2012
23894 posts
Posted on 12/9/22 at 9:17 am to
quote:

Tennessee fans about to empty their bank accounts



Nah, they already spent it on tweeter bot farms...
Posted by WinnaSez
Jackson, MS
Member since Mar 2019
997 posts
Posted on 12/9/22 at 9:17 am to
quote:

The best way to stop this from becoming a thing? - revoke his scholarship


If these kids are making hundreds of thousands of dollars in NIL money they shouldn’t get scholarships. Let them pay, tuition, fees, boarding, etc.
Posted by meansonny
ATL
Member since Sep 2012
25587 posts
Posted on 12/9/22 at 9:33 am to
quote:

They clearly spell out they are not part of On3. They are business partners with On3


Who does their credit card processing?
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40847 posts
Posted on 12/9/22 at 9:41 am to
quote:

Who does their credit card processing?


Looks like fintech Stripe, which has locations all over the world
Posted by meansonny
ATL
Member since Sep 2012
25587 posts
Posted on 12/9/22 at 9:42 am to
quote:

Looks like fintech Stripe, which has locations all over the world

Any in the US?

I would presume the US market is profitable.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40847 posts
Posted on 12/9/22 at 9:46 am to
They are fairly large fintech, that has been around a long time. However they are big into Web3 scams.

quote:

FTX Picks Stripe to Build Payments and Risk Mitigation Feature


Stripe partners with FTX

Looks like they alread wiped their website clean of references to FTX and even cleared out internet archive
Posted by OU Guy
Member since Feb 2022
8103 posts
Posted on 12/9/22 at 9:57 am to
Bigger issue is a player would pick a school based on cards rather than coaches, culture and fit.
Posted by meansonny
ATL
Member since Sep 2012
25587 posts
Posted on 12/9/22 at 9:58 am to
Yeah. Imagine how much money Tennessee saves because 9 fans bought his card. Lol
Posted by TMRebel
Oxford, MS
Member since Feb 2013
5405 posts
Posted on 12/9/22 at 10:01 am to
Athletics scholarships about to become need based with the quickness.
This post was edited on 12/9/22 at 10:10 am
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 12/9/22 at 10:19 am to
quote:

quote:

The best way to stop this from becoming a thing

How many Southern communist football fans are there on the Rant?

You fricking morons think communism is just the state telling people what they can and can't do. Just because the state sets prices in the marketplace doesn't make it communism. Kings had done it for thousands of years before communism ever existed.

Southern boys love autocracy, as long as it serves their interests. It has nothing whatsoever to do with communism - or capitalism, for that matter.
Posted by LSUminati
Member since Jan 2017
3357 posts
Posted on 12/9/22 at 10:26 am to
quote:

ow many Southern communist football fans are there on the Rant?

This is Capitalism at its best. If you don't like the free market, go watch some AOC videos and leave college football discussion to the real Americans.

The market is about an exchange between willing participants. If one side chooses not to transact because of the demands of the other, that is a market solution. You sound like a mouthbreather.
Posted by Loganville Vols
Loganville Georgia
Member since Feb 2021
862 posts
Posted on 12/9/22 at 10:30 am to
I say it’s just a scam. He is still going to Oregon.
Posted by Peter167
Member since Mar 2020
6069 posts
Posted on 12/9/22 at 10:33 am to
He came out said that was untrue just fyi
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
59740 posts
Posted on 12/9/22 at 12:51 pm to
quote:

He came out said that was untrue just fyi

Posted by SuperOcean
Member since Jun 2022
3184 posts
Posted on 12/9/22 at 1:05 pm to
Hope this ends up .. Like soccer ..a 1 nothing ending
Posted by lsufball19
Franklin, TN
Member since Sep 2008
64538 posts
Posted on 12/9/22 at 1:11 pm to
quote:

there's nothing legally binding here. He could go to Alabama or Ohio State if he wanted to change his mind later (and they offered)

nah, him doing that would be still be illegal. There have been plenty of lawsuits regarding situations like you are describing
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