Unfulfilled NIL Money
- Thread starter tuharvard
- Start date
So does this mean that we should hire Marion or that we shouldn't??
Basically, they are mad they are professional football players and didn't work out to how they wanted. Sorry dudes.
College football really needs a complete title rebranding. Every school has these stories. it’s ridiculous. This is the NFL AAA or minor leagues.
College football really needs a complete title rebranding. Every school has these stories. it’s ridiculous. This is the NFL AAA or minor leagues.
After the results we had this year… Cooper should pay us
If he had a deal he should get paid in accordance with the deal. But it seems nothing was recorded.
The irony in all of this is that if they were treated more like students, they probably would have learned more of these lessons like “get the agreement in writing”. Instead they want to be treated like professionals but they have none of the skills needed to be a professional.
Should have focused more on school…. Lord knows they don’t have a future in competitive football and apparently their future in business doesn’t look too bright either.
I got 2 degrees from TU and never learned squat about contracts. I can't imagine that's a standard part of the curriculum. However, having been a lawyer for a long time, I can tell you that nothing is more problematic than a business guy who "learned contracts" in B school. As the saying goes, they know a whole lot that just ain't so. In any event, assuming OK is like most states, an agreement does not have to be in writing to be an enforceable contract.
Agreed to some degree, but it’s much more problematic to have people signing agreements who have no idea at all about contracts and who don’t have lawyers at their beck and call.
A written contract is not the only way to prove an agreement, but it sure makes it a lot easier. Also going after a coach or an athletic program rather than the NIL fund will require quite the mountain of evidence.
P.S. as engineers, we definitely learned the “get it in writing” paradigm at TU. I think it was part of our ethics discussions which also tied into professional licensing.
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It’s the parents pushing this crap, they surely should know enough to at least have a conversation with their kids about basic business decisions.
In my experience, people want something bad enough and they deal with someone who comes across as assertive and confident and they'll do things maybe they know aren't the best. A kid who has an offer of $10k finds a coach who says "we have $100k for the QBs, $75k for the starter. I can't put it in writing bc it's not the university, it's another group and my AD is a ball buster but I'm saying, we have the money in the fund and I'll personally go to bat for you, this is how we always do it, just how the rules work". And they believe him.
I see this in business even. I've had smart CEOs come to me "can you just sign off on this agreement so we can sign it? It's a big customer, it'll give us a lot of credibility, their business person says this is their standard agreement." "This is a real property lease. Are you leasing them a building?" "No, we're a SAAS company, they get access to our tool." "Ok, then this is probably not the right agreement. Did you look at it?" "Well, they said it was their standard vendor agreement and we want to get them signed up before they have time to change their mind. Can't we just sign it?" I've literally had this happen.
Yeah. The amount of times I’ve seen that stuff is mind boggling. Sometimes it happens in our favor as well though. “I can’t believe they signed that. Oh well! Sucks to be them”
