Is the idea of marketing foreign to you?
What do you mean? The same way HS kids get into any other contract. There are HS kids who have contracts throughout the country. I would guess they have a contract with their NIL agent.
As customary, you misunderstand the question. What are athletes marketing for Ruiz?
Isn't there a 30 for 30 on some guy running a Ponzi scheme who paied a bunch of players and coaches under the table back in Miami's heydays? I can see that happeing too...the Feds go after any and all who received the ill gotten $$$...relentlessly.
Who exactly would change the rule? The NIL is owned by the individual.
Did you not read the last sentence? For Ruiz specifically? His name. He is his brand.
Most people in this tax bracket don't pay their fair share when it comes to taxes. He won't run out.
The top 1% pay 40% of all income tax. How much more help do you want from these people?
60 percent, but only after raising rates on the other 99%.
Can’t control the money now.
Incorrect statement by far Bob. Don't want to get into a hassle here as this isn't the right thread to do it. There are many sources regarding this. Below is only one source. The wealthy get their way in Minnesota and also nationwide. So yes, I want them to pay their fair share, and I want them to do more. It's not fair.
I think per the rule the money cannot be tied to performance. Maybe that’s just the high schoolers.
I see. So in your learned opinion, a highly successful lawyer can suddenly attract much bigger cases if he hires a teenage football player to front his image?
Just because the obvious seems to elude you, doesn't mean you should feel down on yourself.
My guess on all of this is that he doesn't really care that much if it drives business his way. He wants Miami to be really good. He sees a way that he can impact this... by promising top recruits big dollars to do "marketing" for his firm. Whether it drives any revenue is probably immaterial. After all, what are the chances that a high school aged kid is going to drive millions of dollars of additional revenue to this firm? Slim to none. It is just a legal/sanctioned way to pay athletes to come to a particular school. I would almost guarantee that the people in the NIL Collectives around the country are not doing ROI calculations on their spend. Unless you measure the return in W/Ls...
agreed. and clout amongst his fellow boosters ie "look what i did for our program". Now maybe that will drive some of them to do business with him long-term, but agree he probably doesn't care a ton about the dollars of it and will write off most of it as a business expense.
I agree with you on the NIL collectives, those are just boosters who want to buy good teams.
This is 100% correct, in my opinion
This is right, too. For some, small in my opinion, number of the deals.
So you think the way to build volume in the legal business it helps to hire a teenage football player to be the public face of your business. Brilliant.
"What are the chances that a high school aged kid is going to drive millions of dollars of additional revenue to his firm? Slim to none."
That is the entire point. It drives no business to him and he knows it. He is a two bit egomaniac using NIL as an ego-feeding scam to completely subvert the intent of NIL.
Bob can certainly answer for himself, but I think what Ruiz believes is that being perceived as the big swinging D that returned “the U” (ick) to national prominence is what will raise his profile, feed his ego and, perhaps, generate business for his legal endeavors. He’s got the money, apparently, and doesn’t care about the ROI in the short run.
