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2021 ttun Shenanigans, Arguments, Surrender Cobras, Feckless Marmots, and Quitty Cowards

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Which scUM QB transfers first?

  • McNamara

    Votes: 23 45.1%

  • McCarthy

    Votes: 28 54.9%
  • Total voters
    51
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ScriptOhio said:
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Man,as someone who has a casino bet on them hitting the under on 7.5 wins for the season, you just hate to see that. Hate to see it.
 
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https://mgoblog.com/mgoboard/cade-mcnamara-nil-deal-more-management

Cade McNamara NIL deal with MORE Management

Submitted by Moleskyn on August 25th, 2021 at 11:21 PM


SI just posted an article about a seemingly groundbreaking NIL deal that Cade McNamara just signed:

University of Michigan quarterback Cade McNamara has become the first student athlete to get paid in crypto in a groundbreaking deal with More Management.

More Management, LLC officially announced earlier today a groundbreaking promotional contract with University of Michigan starting quarterback Cade McNamara who will be paid in cryptocurrency for his social media posting and personal appearances at upcoming MORE events.

What is MORE? Well, that's not abundantly clear. A Google search on the company name just returned a bunch of business filings and random info. I was ultimately able to track down their website (linked here), and an article in LA Mag (linked here) talking about the guy who started it, and how the model works. Here's the gist:

Hidden within a lavish Hollywood nightclub, the entrance to the exclusive MORE Hollywood is opened only for members. Inside MORE, guests are treated to plush surroundings and intimate performances, like the Migos and Cardi B sets at the club’s opening party last week (ed: article is from October 2018). But getting on this VIP list will take more than just having an influential Instagram account. To qualify, you’ll have to invest in a minimum of 5,000 MORE Coins, a cryptocurrency created exclusively for the club.

From some additional sleuthing I did by going on Bittrex, it appears that 1 MORE coin is worth about $0.06 (USD). So that's around $330 to buy into the club.

By the looks of it, MORE also now has locations in Las Vegas, which may explain the connection to Cade.

Like I said, good for him for leveraging his position to make some money. I hope this proves beneficial for him in the long run.
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My sources tell me that these two are the proprietors of MORE Management.....

image
 
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Dryden said:
VIP club access as a franchise/smart app is a failed Shark Tank pitch. This just adds blockchain to it, because blockchain, yo!

Those coins have a high probability of being worth less than six cents by the time McNamara graduates. I expect they go to zero.
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I’m no expert, but it feels like a pyramid scheme banking on people wanting to go to this club—and endorsement deals with Michigan’s quarterback for some fucking reason—as the sole motivation for more people to jump in at the bottom of the pyramid.

Again *not an expert* but that shit doesn’t seem sustainable to me.

But who knows, maybe there’s a lot of hidden money in the “young assholes who like to go clubbing” market. And this new deal to bring in a bunch of fat middle-aged men from Michigan to the club in LA is sure to pay dividends.
 
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