https://www.espn.com/college-sports/sto ... -john-ruiz
John Ruiz has been one of the most outspoken and high profile donors in the NIL Era, making huge deals with Miami athletes to LifeWallet (the company he owns). Now it looks like LifeWallet is headed for insolvency in the next 12 months.
This reminds me of the Cold War. Phil Knight is the US and John Ruiz is the USSR. There was an arms race and the USSR looked unstoppable, until the house of cards came crumbling down. :haha
Miami #1 Booster Company Going Bankrupt
Moderators: greenyellow, UOducksTK1
-
DuckMastaFunk
- Five Star Recruit
- Posts: 1044
- Joined: Sun Jan 11, 2009 4:07 pm
-
Everythingsducky
- Senior
- Posts: 2671
- Joined: Sun Jan 10, 2010 2:40 pm
Re: Miami #1 Booster Company Going Bankrupt
Won’t be the first or the last. Players are going to have to understand the solvency of the companies paying them, or off they go. I am heartbroken for Mario.
-
UOducksTK1
- Site Admin
- Posts: 40519
- Joined: Thu Jan 08, 2009 11:28 pm
- GM: Boston Celtics GM
- Location: Portland, Oregon
Re: Miami #1 Booster Company Going Bankrupt
Will be watching Miami's class now...
Do Not Fear. Isaiah 41:13
-
nogerO
- Senior
- Posts: 4516
- Joined: Sun Jan 11, 2009 1:48 pm
- Location: Wyoming
Re: Miami #1 Booster Company Going Bankrupt
Yeah, me too.Everythingsducky wrote: Sun Aug 18, 2024 8:43 pm Won’t be the first or the last. Players are going to have to understand the solvency of the companies paying them, or off they go. I am heartbroken for Mario.
"To give anything less than your best, is to sacrifice the gift." - Steve Prefontaine