04-20-2023, 08:55 AM
Quote:[b]Lifetime Cardinal has multimillion-dollar budget for NIL[/b]
They have seeded the collective with enough income that they expect to have a budget of nearly $4 million. Earlier this spring, Lifetime Cardinal made the first of two $5,000 payments to every football player. The second payment will come in the fall. Twenty or so top players will earn more, up to $50,000.
A sister collective, Cardinal One, paid each of the men’s basketball players $50,000 at the outset of the 2022-23 season.
The collectives operate under the same umbrella – Thorpe once worked for a Cardinal One founder, Jesse Rogers – and Lifetime Cardinal will be the vehicle moving forward.
https://www.on3.com/nil/news/lifetime-ca...-approach/
Eric
"the older we get the better we were"
