"Doubt" over John Ruiz Miami NIL Donor - business as a going concern $7.7 revenue > $200 M in Debt

[bluestrom]

'Doubt' over company of Miami NIL booster

Miami's mega-booster, who has spent millions on NIL deals for Hurricanes athletes in recent years, told investors this week that there is "substantial doubt" that his company, LifeWallet, will stay in business, according to an SEC filing.

www.espn.com

Be interesting to see if some of their NIL deals unravel or the weak kneed NCAA gets involved.

 

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