This is from UK Athletics
“This agreement, which covers multimedia rights, sponsorships, and stadium development, now centralizes Name, Image, and Likeness (NIL) negotiations for student-athletes”
This is the part Amazon would have no part of. They would want full creative control and would absolutely not work with a third party. They would only buy (or contract) the specific multimedia rights outright for the designated period of time.
I’m just sayin…there have been a lot of questions about the actual effects of the deal. I repeat that I don’t think the deal contributed to recruiting misses, but this is at least one way the deal could affect UK.
I agree. I dealt with Amazon on Contracts and just like any big fish they would never agree to a template from a client and they want maximum flexibility .
after reading about Duke Amazon deal, I watched a bit of nba lakers Houston game on amazon prime. While the cameras court positioning and replays was not a dramatically improvement from ESPN, compared lets say with nfl or uefa champion league which I think are best in the business, they do offer instant stats , betting, purchase of teams gear and merchandising, plus instant replay of certain game highlights Which is a new concept that will potentially boost the revenue of the teams involved.
Whenever you sign away parts of your future revenue sources at a cureent value which JMI does, you are robbing your future of money. A long term deal like this is good only for very cyclical business , where you need to go to a bank for loans and guarantee with the revenue money that now your mortgage but is somewhat guaranteed.
For UK OR any university this a lazy decision done by administrators that would argue that they don’t have the in-house finance and legal knowledge, which is BS.
The Yale, Princeton, Harvard, have extremely large endowments that they manage in house.
UK , MB and the president chose a shortcut, probably based on some kickbacks, and completely handcuff UK future.
Whatever JMI Manages would be based on their templates and their interest first and UK interest will come second. this is. DISASTER DEAL at many levels. Everything that JMI deal touches turns to overspend and less results by UK from infrastructure construction to sports program including the football and basketball.