Daniel Poneman
45.6K posts
@DanielPoneman
Founder, Servant, Teacher, Student, Friend, Agent, @WEAVE 🧶
Together with Filip Malesevic we are excited to announce his commitment to Arizona State University. #WEAVE 🧶
D1 Live Period NCAA Certified Event Dublin, Ireland 🇮🇪 🌎🏀 48 players from across Europe competing in real games 📅 May 15–16 📍 Coaches Clinic: May 14 Hoops. Food. Music. More. JUCO Coaches — FREE ENTRY RSVP HERE 👇 docs.google.com/forms/d/e/1FAI…
NEW: Former Notre Dame RB Jeremiyah Love plans to avoid touching any of his $53M+ rookie contract and put it away💰 “I live in the era of NIL, I’m pretty well off already. I really don’t need to touch that money.” on3.com/pro/news/jerem…
Some schools are withholding final #NIL payments by invoking transfer portal clauses even after the athlete has fulfilled every obligation in the contract. That's a problem. Perhaps the deeper problem is that these contracts are not really NIL agreements. linkedin.com/pulse/newslett…
Over the past week, I have reviewed dozens of #NIL agreements across the country. The market continues to mature, but certain issues keep surfacing in negotiations. Here are some of the things I'm finding: Payment structures have grown far more sophisticated. I'm seeing more hybrid deals that combine guaranteed upfront payments with performance bonuses tied to specific deliverables and some deals that contain no guarantees whatsoever. Any non-guaranteed income could leave athletes chasing money they were orally promised. Termination clauses remain the most heavily negotiated provision. One-sided, "sole discretion," termination rights without notice or cure periods are concerning. Post-termination rights and IP ownership remain areas of emphasis. I specifically look for "perpetual" and "irrevocable" grant of rights or extended licenses in my review. Athletes should want rights (other than limited archival rights) to expire cleanly when the deal ends. These are real business contracts with real dollars and real consequences. Athletes and their advocates need to treat them that way. The deeper the NIL industry develops, the more important it is for athletes to retain experienced counsel to walk them through every material term before signing.
6’3 200lb SG Zyair Greene is in the transfer portal after a medical redshirt with Indiana State this year. Fully healthy and ready to be an impact player at the D1 level. Grad transfer with 1 to play Averaged 20ppg and shot 40% from 3 in D2 @zgreene11_
