Pompous Elitist
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On top of the brewing eligibility cases out there we have yet another contract dispute. Georgia redshirt portals out to Missouri weeks after signing a term sheet (prelude to a legally binding NIL contract). Apparently was paid the first $30K monthly installment. Player leaves for Missouri. UGA files lawsuit claiming damages totaling $390K. Georgia claims term sheet was enforceable binding contract, player says it clearly wasn’t.
Our great legal minds will need to comment on whether a term sheet (see PDF) that in the first paragraph explicitly contains the instructions to seek legal counsel prior to signing the full license and option agreement is a legally enforceable contract in Georgia. If money changed hands prior (or is that reckless trending to potentially shady conduct on part of the collective CEO/Florida attorney)? If judge is a UGA booster?
The term sheet (PDF):
Background:
www.espn.com
Our great legal minds will need to comment on whether a term sheet (see PDF) that in the first paragraph explicitly contains the instructions to seek legal counsel prior to signing the full license and option agreement is a legally enforceable contract in Georgia. If money changed hands prior (or is that reckless trending to potentially shady conduct on part of the collective CEO/Florida attorney)? If judge is a UGA booster?
The term sheet (PDF):
Background:
Georgia sued, opening door to challenge transfer portal damages
Former Georgia pass rusher Damon Wilson II says the school's athletic department is attempting to illegally punish him for entering the transfer portal in a lawsuit filed Tuesday.
