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Post# of 202893
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LC-GATOR

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Re: lawrenzo post# 176321

Friday, 11/06/2009 1:56:21 PM

Friday, November 06, 2009 1:56:21 PM

Post# of 202893
It's pretty cut and dry. I believe we've had discussions on this before. If I'm not mistaken I believe it was a $100,000 upfront and then a Royality fee of 7-10% of the gross sales. The Royality fee's paid would be deducted from the $100,000 already paid.

The $100,000 is to secure the License for each year.

So MLB would get $100,000 a year whether a product was sold or not.

GO GATORS

statements made by me are considered opinions of mine unless those statements are made of facts.

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