Tag Archives: compensation

College quarterback’s NIL compensation nears $4 million amid new NFT partnership

College quarterback’s NIL compensation nears $4 million amid new NFT partnership

Texas quarterback Quinn Ewers has launched an NFT campaign with Metabillia that will pay him a total of $1 million, Yahoo Finance has learned. As a result, the 19-year-old’s total compensation through name, image, and likeness (NIL) deals is now approaching the $4 million mark. The average NIL quarterback sponsorship pays the athlete $2,466 per deal, according to Opendorse. Ewers’s $1 million sponsorship is broken into 12 payments of various amounts well above the average on top of 50% revenue… Source link

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Redfin shareholders approved executive bonuses and huge compensation packages on the same day the company announced major layoffs. How is that legal?

Redfin shareholders approved executive bonuses and huge compensation packages on the same day the company announced major layoffs. How is that legal?

Last week, the CEO of real estate company Redfin, Glenn Kelman, announced the company was laying off 8% of its employees in an email, saying that demand for the company’s realtor services had fallen 17% below expectations in May. “We don’t have enough work for our agents and support staff, and fewer sales leaves us with less money for headquarters projects,” Kelman wrote in the email announcing the layoffs on June 14. The layoffs at Redfin and another real estate company, Compass, on… Source link

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