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Tears Gator Tears

WaterburyCane said:
I’m a little disappointed in you my friend. I thought this reply was going to be WAY longer. @RVACane really tossed you a softball here 🤣🤣🤣.

Good stuff 👍. I swear I learn more on this site than I did in college.
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If you want an honest response...

I typed that one on my iPhone when I was at the bank.

The "longer" responses are from my computer.

Truth.
 
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TheOriginalCane said:
If you want an honest response...

I typed that one on my iPhone when I was at the bank.

The "longer" responses are from my computer.

Truth.
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Season 9 Reaction GIF by The Office
 
Couple things.

Gaytors took this 0-star Jordan Herman. So here is his recruitment in a very small nutshell...

---Gaytor assistants saw him. Sent PIX to Gaypier. That's the basis of their decision.
---Hasn't even visited Hogtown, but accepted the offer. That's the basis of his decision.

Gotta be honest, I prefer Mario's recruiting style to Gaypier's, regardless of whether they both once cashed Bama paychecks.


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SpikeUM said:
Not sure, thats a really good question, but one has to assume that Ruiz already has it figured out.
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I guess if you are the CEO, it is your marketing campaign, and he can show the social media impact/ROI there would be no issue anyways. I agree - it is clear he has thought this out very, very well. I’ll continue to laugh at the commentators that keep showing how little they know.
 
wspcane said:
@SpikeUM Are there any concerns about his ability to use lifewallet for this once the other company goes public? Are they under the same corporate umbrella/is that part of the SPAC?
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Would need to see the corporate org chart, but I suspect the companies are related and would all be under the same parent holding company.
 
TheOriginalCane said:
Would need to see the corporate org chart, but I suspect the companies are related and would all be under the same parent holding company.
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The Lifewallet site just says powered by MSP Recovery. So it is possible that Lifewallet is a completely separate company that has licensed MSP Recovery technology to do what it does. In that situation it could very well be a separate company. Also after the SPAC goes through Ruiz is likely to still be majority owner of MSP Recovery. In that situation he still has final say and as long as he can show there is a positive ROI than it likely is fine especially since as others have said Lifewallet actual has NIL with non-Hurricane players.
 
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TpaBayFlyFisher said:
I agree with much of this and only add a few obvious points. First, the “collectives” such as those at UF and FSU exist ONLY to pay players to play for a school. That is NOT selling a person’s NIL. A company, like LW is, in theory, paying a kid to advertise its products. As an illustration, how many college football fans have now heard of LW and are predisposed to buy its products over it’s competitors? See how that works. The company has bought national attention by its advertising. Second, I think it is unlikely that huge publicly traded corporations will get into the NIL business. Their managers owe a fiduciary duty to shareholders to maximize value of the company. It would be impossible to claim that paying an unknown high school QB millions of dollars to attend Tennessee adds any value to Coke, Mercedes Benz, or Jack Daniels. Having a star NFL QB or an NBA all-star push your insurance, booze, or shoes will certainly increase sales. And finally, Billionaires who own businesses do not answer to boards or shareholders. So, if T Boone Pickens wants to spend fifty million dollars to enjoy going to Pickens stadium on Saturdays in the fall, he can use his chump change to do it. He just must have the players appear in his TV ads or sign at car dealerships he owns. I just pray that my Canes have lots of Billionaires who want watch great sports at their venues. That is all.
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I like that every poster on here understands how NIL works better than anyone at fsu or uf.
 
wnycanesfan said:
The Lifewallet site just says powered by MSP Recovery. So it is possible that Lifewallet is a completely separate company that has licensed MSP Recovery technology to do what it does. In that situation it could very well be a separate company. Also after the SPAC goes through Ruiz is likely to still be majority owner of MSP Recovery. In that situation he still has final say and as long as he can show there is a positive ROI than it likely is fine especially since as others have said Lifewallet actual has NIL with non-Hurricane players.
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I mean, any of that is possible, I just don't think it's very probable, and here's why.

It is true that LW and MSP are different aspects of "something", something that is interrelated. However, Ruiz's law firm has a very well-defined OTHER role in the overall process, in that they are the firm that takes a cut of all of these legal cases. Since a law firm cannot be owned by a publicly-traded company, there is a logical and legal reason to keep the law firm out of the publicly-traded company's corporate org chart.

On the other hand, Ruiz and others want the valuation of the SPAC to be as high as possible. While I think there are "business textbook reasons" to think, hey, let's keep all these entities separate, the reaility is that you would want to combine them all under common control and direction so that, say, 5 years from now, the value of Company A is not impaired because separate Company B is owned/controlled by someone who has now become uncooperative.

Put another way, if MSP Recovery has developed the algorithm and software (and owns licenses or patents or trademarks on any of the intellectual property), anyone investing in LifeWallet is going to want to make sure that LW isn't just some app on a phone that anyone could write the code for in a matter of days. They are going to want to insure that the entire product is owned under one roof, even if there are valid business reasons to maintain separate names and identities (i.e., MSP Recovery could also develop code and algorithms for products besides LifeWallet).

Again, I'd still love to see the org chart, but I work for a company that just went through a SPAC, and we have dozens of business entities underneath the parent.
 
Baba Yaga said:
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This is exactly what I was talking about. Wong is using his name image and likeness to promote life wallet appearing in a commercial. And if life while it gets bigger the commercials will pay more. Gathering up a whole bunch of money and then giving it to players is not a player using his name image and likeness. I don’t understand why other schools went ahead and did this.

It literally goes against the entire Ed O’Bannon lawsuit. O’Bannon was upset that his Name and number on a jersey were being sold and making millions of dollars as was his name image and likeness on a video game and him not getting paid for it.

The Ed O’Bannon case had nothing to do with him getting money from people gathering their scratch together and giving it to him. I found the whole flaccid spear gator collective ridiculous from the jump. It’s akin to starting a go fund me to pay players.

This is why I wasn’t in agreement with a lot of people saying that it was going to be the end of teams like Miami and USC. This is a marketing opportunity for players this is not a greenlight for boosters to just give players money without any stipulations. I have no idea where Tennessee is going to gather $8 million to give Nico In the way that NIL is scripted at present. Maybe they’re just gonna pay him above market for whatever appearances he makes or pay him a Fck ton to wear something.
I have no idea.
 
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pacusmc said:
This is exactly what I was talking about. Wong is using his name image and likeness to promote life wallet appearing in a commercial. And if life while it gets bigger the commercials will pay more. Gathering up a whole bunch of money and then giving it to players is not a player using his name image and likeness. I don’t understand why other schools went ahead and did this.

It literally goes against the entire Ed O’Bannon lawsuit. O’Bannon was upset that his Name and number on a jersey were being sold and making millions of dollars as was his name image and likeness on a video game and him not getting paid for it.

The Ed O’Bannon case had nothing to do with him getting money from people gathering their scratch together and giving it to him. I found the whole flaccid spear gator collective ridiculous from the jump. It’s akin to starting a go fund me to pay players.

This is why I wasn’t in agreement with a lot of people saying that it was going to be the end of teams like Miami and USC. This is a marketing opportunity for players this is not a greenlight for boosters to just give players money without any stipulations. I have no idea where Tennessee is going to gather $8 million to give Nico In the way that NIL is scripted at present. Maybe they’re just gonna pay him above market for whatever appearances he makes or pay him a Fck ton to wear something.
I have no idea.
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you hit the nail on the head...I cant wait to see how these collectives get handled especially Tenn and texas a&m
 
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pacusmc said:
This is exactly what I was talking about. Wong is using his name image and likeness to promote life wallet appearing in a commercial. And if life while it gets bigger the commercials will pay more. Gathering up a whole bunch of money and then giving it to players is not a player using his name image and likeness. I don’t understand why other schools went ahead and did this.

It literally goes against the entire Ed O’Bannon lawsuit. O’Bannon was upset that his Name and number on a jersey were being sold and making millions of dollars as was his name image and likeness on a video game and him not getting paid for it.

The Ed O’Bannon case had nothing to do with him getting money from people gathering their scratch together and giving it to him. I found the whole flaccid spear gator collective ridiculous from the jump. It’s akin to starting a go fund me to pay players.

This is why I wasn’t in agreement with a lot of people saying that it was going to be the end of teams like Miami and USC. This is a marketing opportunity for players this is not a greenlight for boosters to just give players money without any stipulations. I have no idea where Tennessee is going to gather $8 million to give Nico In the way that NIL is scripted at present. Maybe they’re just gonna pay him above market for whatever appearances he makes or pay him a Fck ton to wear something.
I have no idea.
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I generally agree, but it could and would have gone very differently for us if we did not bring Mario down. I do think some of the traditional bag schools will still be able to churn out somewhat substantial deals, Georgia and Bama in particular. Tennessee and Auburn both have their version of Ruiz that can do a similar amount of NILs. The Haslams at TN can do it with Flying J and Rame can do it with Yellawood. I don't know whether they will or won't, but they certainly can with their net worth and the ownership structure of their businesses. They are ****ed because 1) more teams can now do it, 2) those teams are in Miami and LA where they have been able to poach players looking for a bag nearly at will, and 3) the price has gone up as a result.
 
DTP said:
I find it hilarious that a bunch of dudes who likely consider themselves to be staunch capitalists want the government to step in and prevent athletes from getting more money than they think they deserve. In a capitalist market, players are worth exactly what someone is willing to pay them. Don’t hate the player hate the game.
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I would also add that they think "everyone should get a piece of the pie" that sounds more like a little socialism to me. If you have positioned yourself to be very wealthy because of your work ethic, good ideas, willingness to fail if need be so that you can achieve, I say ***** you wanting a piece of what I earned but that's just coming from a Homestead capitalist.
 
Munderwood said:
I would also add that they think "everyone should get a piece of the pie" that sounds more like a little socialism to me. If you have positioned yourself to be very wealthy because of your work ethic, good ideas, willingness to fail if need be so that you can achieve, I say ***** you wanting a piece of what I earned but that's just coming from a Homestead capitalist.
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Please stop with the "socialism" nonsense, I'd be willing to bet you can't even orally explain what "socialism" is (hint, it's NOT communism, and don't run off to Google either).

"Everyone should get a piece of the pie" is a perfectly understandable concept IN A TEAM SPORT. No matter what Tom Brady's "work ethic" and "good ideas" and "willingness to fail" are, you cannot deny that he is assisted in his job by linemen and receivers and running backs. Nobody has said "pay everyone equally", but there should be some sort of a concept that every starter on the team is doing SOMETHING that creates value, even if some guys are the "glory boys" with all the stats, and others do the grunt work of blocking and whatnot.

Unless a particular player brings something bizarrely different to the table (like the Cavinder twins with their already-existing social media following), then we should encourage a system where all of the contributors benefit, some more than others. I don't think there's a single OL who would begrudge the QB earning more, but if the QB was getting $8 million and the OL was getting nothing, there would absolutely be resentment.

Now, if you are capable of going out on the field and scoring 30 points per game all by yourself, then by all means, be selfish and ask for all the money. Until then, it's not some big personal insult if the other 10 guys on offense get paid too.
 
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