Tony Storniolo, Esq.

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Tony Storniolo, Esq.

Tony Storniolo, Esq.

@niladvisor_tony

NIL 🏈 Advisor @ Second Wind Pro | Attorney

Florida, USA Katılım Mart 2022
354 Takip Edilen29 Takipçiler
Tony Storniolo, Esq. retweetledi
Mit Winter
Mit Winter@WinterSportsLaw·
Nebraska’s AD confirmed that if the CSC does not clear the resubmitted deals that were the subject of the recent arbitration hearing, the Nebraska AG will step in to challenge the CSC/NCAA. The state law says athletes & schools can’t be penalized for athletes being paid NIL $.
Mit Winter tweet media
Huskers Radio Network@HuskersRadio

🔊 AD @TroyDannen on Nebraska’s arbitration hearing.

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Darren Heitner
Darren Heitner@heitner·
There's already a cause of action for knowingly recruiting/soliciting someone to break their contract. It's called tortious interference. But the real concern should be the intent to restrict mere communication about future employment. Chilling speech seems very anti-American.
Ross Dellenger@RossDellenger

A summary of changes to SCORE: (1) requires coach pay to be funded by athletic revenue; (2) limits coach buyouts to donations; (3) mandates disclosure of public funds used for athletics; (4) prevents recruitment of coaches while coach/team are in-season (Lane Kiffin Rule

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OS_Beaver
OS_Beaver@OS_Beaver·
Rumors that the Pac-12 may grow beyond its name, if it secures Autonomy 5 status in expansion. League officials conversations with major TV execs say below would get it done. #PowerFive
OS_Beaver tweet media
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Darren Heitner
Darren Heitner@heitner·
I LOVE this. We should be spreading stories of athlete empowerment, saving money, and strategizing for future success as opposed to focusing on conflicted and salty Nick Saban arguing for a salary cap without athletes having a seat at the table.
On3@On3

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…

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Jason_OTC
Jason_OTC@Jason_OTC·
@heitner As more colleges hire former pro sports execs, specifically for football, you will see more and more complexities especially those familiar with the older style nfl contracts with multiple performance tiers and bonuses that can be unlocked.
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Tony Storniolo, Esq. retweetledi
Darren Heitner
Darren Heitner@heitner·
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.
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Second Wind
Second Wind@Secondwindpro·
JUCO transfer Jaden Turner (@JTurner004) has been receiving interests from D1 schools with current offers from UTRGV, UIW, and East Texas A&M🔥 The defensive back had 45 tackles, 2 INTs, and 7 PBUs last season 👀 #NCAA #CFB #DB #NIL #secondwindpro
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Mit Winter
Mit Winter@WinterSportsLaw·
NiJaree Canady showed again today why Texas Tech is paying her more than $1M. A perfect game on national tv to win the Big 12 regular season championship. What’s the value to Texas Tech? Probably a lot more than what she’s being paid.
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Jeremiah Sirles
Jeremiah Sirles@Jsirles71·
Being an NIL agent is more than just negotiating the final $ number. STRUCTURE STRUCTURE STRUCTURE!! Pointed and specific language. Don’t let someone unqualified negativity impact your future.
Mit Winter@WinterSportsLaw

The change to NCAA bylaws which allows schools to not enter athletes into the portal if a rev-share agreement releases the school from the obligation hasn’t gotten enough attention. Schools can now essentially prevent athletes from engaging with other schools during the portal.

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Tony Storniolo, Esq. retweetledi
Mit Winter
Mit Winter@WinterSportsLaw·
Each Big 12 school now has access to a $30M credit line of private capital. The conference office also received $12.5M in private capital.
Mit Winter tweet media
Ross Dellenger@RossDellenger

Big 12 has approved its private capital deal with RedBird Capital - the first such arrangement from a major NCAA conference. Schools have a choice to opt in for ~$30M in capital and league gets at least a $12.5M infusion as part of a strategic partnership bit.ly/4n3CTnp

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Mit Winter
Mit Winter@WinterSportsLaw·
Don’t be surprised if lawsuits are filed relating to the decision to not grandfather athletes into the NCAA’s age based eligibility rule. It’s similar to the situation after NCAA rules allowed Alston awards (Hubbard case) & NIL pay (House case). Tough spot for the NCAA.
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Tony Storniolo, Esq.
Tony Storniolo, Esq.@niladvisor_tony·
New Mexico, Idaho, Iowa, Hawaii, Oklahoma, Nebraska, Rhode Island, and Utah. 🏈 Stop going for markets that have established professional teams and tap into ones that have a void. It will allow for football to be covered by the entire nation if the plan is to work with the NFL.
UFL FANS@UflFans

Since new Co-owner Mike Repole took over the #UFL they have reportedly received over 30 RFP's from cities potentially in the running for a franchise in the future. Should the league release all these potential locations formally to help build & gage interest ? Let's hear it 👂🏻

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Tony Storniolo, Esq.
Tony Storniolo, Esq.@niladvisor_tony·
Because most people aren’t patient enough to wait until the product is better. A few years ago the UFL was just another spring ball eye roll but now it’s getting more exposure. Since it’s something unique and different, more people will complain to get their own attention. 🙄
⚡TheKnightUCF🔛@TheKnightUCF

Someone help me understand this: Why are some people be SO against the UFL or other Spring leagues? It's football sooner than later after CFB and NFL is over. Why wouldn't anyone want more football to watch or attend? I never understood the hate.

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Keşfet

@JTurner004 @nlendino24 @heitner @TheUFL @elonmusk @BarackObama @taylorswift13 @cristiano