Caleb Williams asking for partial ownership from team that drafts him

[Sassy Squatch]

Report: USC Caleb Williams wants partial ownership from the #NFL team that will select him in the 2024 Draft, per @ProFootballTalk

PFT reported in July that Caleb's representatives had been making it known that Williams wants partial ownership of the team that selects him in… pic.twitter.com/5lLVEMEbOi

— Dov Kleiman (@NFL_DovKleiman) October 18, 2023

[|Zach|]

Crazy

[Vladimir_Kyrilytch]

USC living up to its nickname "University of Spoiled Children". Good grief. Hope this guy goes undrafted.

[RealSNR]

Lol hope the Donks get him now.

Arrogant prick head coach and spoiled brat QB. Match made in heaven.

[Rain Man]

Originally Posted by TwistedChief

I don’t understand how something like that would even be permissible.

Isn’t that just straight up circumventing the salary cap?

Like why doesn’t he get married and demand that his wife be put on staff at 10mm/yr as an assistant QBs coach?

That was my initial thought. I guess you could give someone ownership in lieu of salary, but that would be a miniscule share even if they worked for minimum wage.

The more I think about it, you'd be handcuffing yourself as well, because it would be very problematic to go to another team during your career. Could they trade you? Could you leave in free agency? Could you play for a different team against your ownership interest? Could you go to another team and then participate in salary negotiations for players on your original team?

I don't think Mr. Williams is thinking this through.

[Buehler445]

Originally Posted by DJ's left nut

It's a literal impossibility with the cap.

How do you even assign a value to it? The ownership interest is of theoretically unlimited value. And of perpetual duration.

You can't calculate that in the salary cap at all.

It's just a functionally reeruned ask.

Nah, accountants exist for a reason.

Typically equity acquisitions are Cash in exchange for shares/equity percentage.

CBA dictates for rookies there is a scale and game checks. So each game, they withhold his check and exchange it on the balance sheet for equity (surely these are all corporations so we'll go with shares).

So each check, caleb gets some shares, but no cash. So after his rookie contract, he 41M of equity in whatever shit franchise is out there, let's say the Faid - they're giving shit away. Franchise is worth 6.2 Billion.

Congrats, Caleb, you get .66% of the Faid. Oh, and 5 years of tax liability on 41M. Oh, and by the way, Faid are cash poor so there won't be any dividends.

Enjoy, bitch.

Originally Posted by staylor26

I will say this, guys that are THAT arrogant coming out usually flame out.

I believe I was early on this when he said "there's nothing he (Mahomes) can do that I can't."

[Buehler445]

Originally Posted by TwistedChief

I don’t understand how something like that would even be permissible.

Isn’t that just straight up circumventing the salary cap?

Like why doesn’t he get married and demand that his wife be put on staff at 10mm/yr as an assistant QBs coach?

I'd think it would have to be a cash distribution per the CBA. Then they'd have to exchange that for the equity shares.

[DrunkBassGuitar]

Now I hope he goes to the broncos any team that takes him is going to be a shit show

[kjwood75nro]

Originally Posted by Buehler445

Nah, accountants exist for a reason.



Typically equity acquisitions are Cash in exchange for shares/equity percentage.



CBA dictates for rookies there is a scale and game checks. So each game, they withhold his check and exchange it on the balance sheet for equity (surely these are all corporations so we'll go with shares).



So each check, caleb gets some shares, but no cash. So after his rookie contract, he 41M of equity in whatever shit franchise is out there, let's say the Faid - they're giving shit away. Franchise is worth 6.2 Billion.



Congrats, Caleb, you get .66% of the Faid. Oh, and 5 years of tax liability on 41M. Oh, and by the way, Faid are cash poor so there won't be any dividends.



Enjoy, bitch.







I believe I was early on this when he said "there's nothing he (Mahomes) can do that I can't."

I get what you're saying, but did Caleb even consider current-day Mahomes making that kind of demand?

[notorious]

Originally Posted by Buehler445

Nah, accountants exist for a reason.

Typically equity acquisitions are Cash in exchange for shares/equity percentage.

CBA dictates for rookies there is a scale and game checks. So each game, they withhold his check and exchange it on the balance sheet for equity (surely these are all corporations so we'll go with shares).

So each check, caleb gets some shares, but no cash. So after his rookie contract, he 41M of equity in whatever shit franchise is out there, let's say the Faid - they're giving shit away. Franchise is worth 6.2 Billion.

Congrats, Caleb, you get .66% of the Faid. Oh, and 5 years of tax liability on 41M. Oh, and by the way, Faid are cash poor so there won't be any dividends.

Enjoy, bitch.



I believe I was early on this when he said "there's nothing he (Mahomes) can do that I can't."

Bueh is a straight-up gangsta when it's comes to dropping numbers on fools.

[The Franchise]

I guess I’ll continue rooting for this idiots downfall.

[Couch-Potato]

Feels like this kid's setting himself up to fail.

[RealSNR]

Originally Posted by Buehler445

I believe I was early on this when he said "there's nothing he (Mahomes) can do that I can't."

I cam think of a couple things, Caleb.

Like wait your goddamn turn until you earn generational wealth.

Or keep your ****ing mouth shut.

[ChiefsFanatic]

Does this delusional tool (yeah, I just decided I can't stand him, assuming there is any truth to this) also play baseball?

Or, does he even really want to play in the NFL? Maybe he believes he can turn his NIL money into a lot more money, without having to go to a bad team, suffer lots of losing, and get beat up before washing out of the NFL because he couldn't live up to the Patrick Mahomes comparisons?

[St. Patty's Fire]

bro who does this guy think he is

[RealSNR]

Originally Posted by ChiefsFanatic

Does this delusional tool (yeah, I just decided I can't stand him, assuming there is any truth to this) also play baseball?

Or, does he even really want to play in the NFL? Maybe he believes he can turn his NIL money into a lot more money, without having to go to a bad team, suffer lots of losing, and get beat up before washing out of the NFL because he couldn't live up to the Patrick Mahomes comparisons?

Uh-oh. If he does, let's see him in an interview