Trending...
- Abusive Russian to face Pro Wrestling Legend!
- Can Massage Therapy Be an Effective Treatment for Long Haul COVID?
- Southern California Real Estate Agent Promotes Homes To MORE Buyers For MORE Money
SHERIDAN, Wyo. - iSportsWire -- Sports fans in Jackson Mississippi have had a lot to cheer about in the past two years due to the stellar play of their football team. Reminiscent of the days when Walter Payton graced the stadium with his on the field swagger, and his off the field professionalism.
But all that is being threatened as Colorado and other callers have put their bid in to get that Coach "Prime shine" resonating on their campus.
The launching of My Fan Tribe is positioned to give Jackson State and college fans nationally the power to retain their beloved coaches and players and attract other top talent.
A Likely scenario reported by The Money Advantage could be similar to Michigan Wolverine coach Jim Harbaugh. Jim was paid $5 million a year as a coach for the Michigan Wolverines, but Michigan also helped him start a life insurance policy as part of his benefits. They loaned him $4 million to start a policy and $2 million a year for the following 5 years.
Another scenario that could play out is having funds raised by My Fan Tribe members, which would be invested by My Fan Tribe's Acquisition partners, resulting in paying fans, coaches and players monthly cash distributions as passive investors.
More on iSports Wire
Student-athletes are incentivized to stay out of the transfer portal and coaches have no desire to search for greener pastures.
Kate Tulenko is a labor market and workforce expert. "The situation with Coach Deion Sanders boils down to a retention issue. I do think smaller schools like Jackson State can retain high-value talent such as Coach Sanders, but they have to be creative. Coach Sanders has said that the move to a power 5 school won't change his life, instead, he has indicated that his main motivation for entertaining changing schools is increasing the salaries of his coaching staff. Most schools have tapped out how much their alumni can donate, but there are other alternatives to increase sports budgets. Collectives can leverage their base to raise money and invest to create streams of income to fund the coaching staff salaries and facilitate NIL deals for athletes."
My Fan Tribe is accepting limited application enrollments on its site.
Keep in mind, Brands such as Walmart, Mars, and Hermes, were started by friends and family who pooled capital to invest together. Also let's not forget the unicorns that were founded during a recession such as Airbnb (2008), Slack (2009), WhatsApp (2009) Square (2009), and Uber (2009). http://myfantribe.com
But all that is being threatened as Colorado and other callers have put their bid in to get that Coach "Prime shine" resonating on their campus.
The launching of My Fan Tribe is positioned to give Jackson State and college fans nationally the power to retain their beloved coaches and players and attract other top talent.
A Likely scenario reported by The Money Advantage could be similar to Michigan Wolverine coach Jim Harbaugh. Jim was paid $5 million a year as a coach for the Michigan Wolverines, but Michigan also helped him start a life insurance policy as part of his benefits. They loaned him $4 million to start a policy and $2 million a year for the following 5 years.
Another scenario that could play out is having funds raised by My Fan Tribe members, which would be invested by My Fan Tribe's Acquisition partners, resulting in paying fans, coaches and players monthly cash distributions as passive investors.
More on iSports Wire
- 24th Annual Super Bowl Soulful Celebration Returns On Feb. 8 With Patti LaBelle, Israel Houghton & The Players Choir, Honoring NFL QB Jalen Hurts
- Orbex to Exhibit as Diamond Sponsor at the Fintech & Crypto Summit Bahrain, 2023
- Photography Book Makes Black History Month Fun
- Historic Groundbreaking Documentary About Women Marathoners Released for Black History Month
- 3DMyRental Launches Professional 3D Floor Plan Services for Airbnb Hosts: A Game-Changing Solution for Property Rentals
Student-athletes are incentivized to stay out of the transfer portal and coaches have no desire to search for greener pastures.
Kate Tulenko is a labor market and workforce expert. "The situation with Coach Deion Sanders boils down to a retention issue. I do think smaller schools like Jackson State can retain high-value talent such as Coach Sanders, but they have to be creative. Coach Sanders has said that the move to a power 5 school won't change his life, instead, he has indicated that his main motivation for entertaining changing schools is increasing the salaries of his coaching staff. Most schools have tapped out how much their alumni can donate, but there are other alternatives to increase sports budgets. Collectives can leverage their base to raise money and invest to create streams of income to fund the coaching staff salaries and facilitate NIL deals for athletes."
My Fan Tribe is accepting limited application enrollments on its site.
Keep in mind, Brands such as Walmart, Mars, and Hermes, were started by friends and family who pooled capital to invest together. Also let's not forget the unicorns that were founded during a recession such as Airbnb (2008), Slack (2009), WhatsApp (2009) Square (2009), and Uber (2009). http://myfantribe.com
Source: My Fan Tribe
Filed Under: Sports
0 Comments
Latest on iSports Wire
- We're In Paris Is Sidow Sobrino's Newly Released Song and Video
- Abusive Russian to face Pro Wrestling Legend!
- Jim Wilson, Top Notch Realtor in waterfront and beach properties in Redington, Redington Shores, and North Redington Beach, FLorida
- Multi #1 International Best-Selling Author Jennifer S. Wilkov Announces the 2023 April Speak Up Women Conference and Call For Speakers
- Introducing The Liberty Mountain Steel Caving Ladder
- Bosco Tech Names Alumnus Adam Uballez Varsity Football Head Coach
- Cascade Asset Management Releases its 9th Annual IT Asset Disposition Benchmarking Report
- Electives, Inc. doubles its live learning library to include more than 450 classes
- Bottled Ambrosia Launches to Provide Access to the Best European Organic Baby Formulas for US and Canadian Families
- Ken Shamrock Interview With I Only Touch Greatness
- Yida Gao, Shima Capital Recognized for Prolific Deal Activity
- Southern California Real Estate Agent Promotes Homes To MORE Buyers For MORE Money
- Can Massage Therapy Be an Effective Treatment for Long Haul COVID?
- STS Capital Partners Announces Sean Friday as New Chief Executive Officer
- AVTECH Software Acquires Long Time United Kingdom Partner OPENXTRA
- New Cincinnati Bengals Playoff Win Has Fans Buying Sweatshirts, Hats, TShirts And Other Items
- "Boca's Best Body" competition Presented by The Berman Team
- ATM Processing Provider DNS Certifies Just.Cash Bitcoin Program
- Hyderabad Approves Richardson | Danner Master Plan
- Seasoned Risk Stalwart Brian Hughes Joins Scienaptic As An Investor And Advisor