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:
New suit challenges 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.
