The Money Problems will only get worse - Pandoras Box can't be closed

[AgaveMaria]

https://www.msn.com/en-us/sports/other/deions-son-shilo-sanders-facing-legal-mess-after-filing-for-bankruptcy/ar-BB1n31Kn

https://www.blackenterprise.com/shilo-sanders-new-questions-bankruptcy/

One kid with a big name from a family with loud mouths.

NIL, Payback money and all the rest. Big Business with big problems as greed proliferates on all levels.

https://www.msn.com/en-us/sports/other/he-was-the-13-million-qb-recruit-now-he-s-suing-the-boosters-who-never-paid-up/ar-BB1mMSgN

Maybe in the future wrestlers and other athletes will be considering which college to attend based on how big the Law School is there?

 

[Wrestleknownothing]

3 hours ago, AgaveMaria said:

https://www.msn.com/en-us/sports/other/deions-son-shilo-sanders-facing-legal-mess-after-filing-for-bankruptcy/ar-BB1n31Kn

https://www.blackenterprise.com/shilo-sanders-new-questions-bankruptcy/

One kid with a big name from a family with loud mouths.

NIL, Payback money and all the rest. Big Business with big problems as greed proliferates on all levels.

https://www.msn.com/en-us/sports/other/he-was-the-13-million-qb-recruit-now-he-s-suing-the-boosters-who-never-paid-up/ar-BB1mMSgN

Maybe in the future wrestlers and other athletes will be considering which college to attend based on how big the Law School is there?

 

What were you trying to achieve here? Shilo Sanders' NIL has nothing to do with why he declared bankruptcy. As a matter of fact, any NIL money will help to pay his debt.

[AgaveMaria]

Sanders NIL money and other funds are hiding behind corporate walls.

More money coming to these kids will really open the doors to those looking to take advantage of these athletes.

We are dealing with many coming into money with no experience handling large sums.

We know Pro Sports millionaires are bye and large terrible money managers. Younger athletes most likely won't be any better.

Colleges & Universities better have a crash program on financial management for these kids.

How anyone, much less a kid from Neon Dieon's orbit can claim NO knowledge of a lawsuit like this is mind boggling. Young and Stupid is not an excuse and this court judgment is not even from grifters working the system.

More money involved means more predators coming after it.

[Wrestleknownothing]

1 hour ago, AgaveMaria said:

Sanders NIL money and other funds are hiding behind corporate walls.

More money coming to these kids will really open the doors to those looking to take advantage of these athletes.

We are dealing with many coming into money with no experience handling large sums.

We know Pro Sports millionaires are bye and large terrible money managers. Younger athletes most likely won't be any better.

Colleges & Universities better have a crash program on financial management for these kids.

How anyone, much less a kid from Neon Dieon's orbit can claim NO knowledge of a lawsuit like this is mind boggling. Young and Stupid is not an excuse and this court judgment is not even from grifters working the system.

More money involved means more predators coming after it.

These are some of the same noxious arguments slave owners used to justify slavery.

Edited May 27 by Wrestleknownothing

[fishbane]

1 hour ago, AgaveMaria said:

More money coming to these kids will really open the doors to those looking to take advantage of these athletes.

This isn't news.  NCAA athletes have been taken advantage of for decades.  Pandoras box was opened 40+ years ago that's when the money got turned on in college sports.  The fact that it has recently started being shared with the athletes was a long time coming.