The offering structure is intended to generate Brand Amounts when the athlete earns qualifying compensation at the highest applicable professional level. Those Brand Amounts are generally expected to equal the applicable Brand Percentage multiplied by the athlete’s gross qualifying earnings before athlete-level taxes, as defined in the Brand Advisory Agreement. After the Series receives those amounts, pro rata distributions to Unit holders are expected quarterly from available Free Cash Flow.
Series operating fees and expenses are currently expected to be negligible relative to Brand Amounts received. If qualifying compensation is lower than projected, the resulting Brand Amounts and distributions may also be lower, while actual expenses, taxes, reserves, other obligations, timing, Manager discretion, injury, performance, contract, career, market, counterparty, and other risks may affect results. Distributions are not guaranteed, and an investor may lose the entire investment.
Projections and scenarios are forward-looking and are not guarantees. There is no guarantee that you will ever receive a distribution. Review the applicable Offering Circular—including its risk factors, assumptions, and forward-looking-statement caution—before subscribing. The Offering Circular controls over platform and Help Center summaries. SEC qualification permits sales of the qualified offering; it is not SEC approval, recommendation, endorsement, or a suitability determination.
