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Join date: Apr 2, 2026
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Paul Semedo
Posts (2)
May 21, 2026 ∙ 4 min
A Trillion-Dollar Backer, A Missed Paycheck, and the Legal Reckoning LIV Golf Can't Putt Away
LIV Golf is on the verge of collapse. Saudi Arabia's Public Investment Fund (PIF) — the sovereign wealth vehicle that has bankrolled the league since its 2022 launch — is reportedly reconsidering its financial commitment, sending shockwaves through the sport and to its own employees. The league has never turned a profit, having lost an estimated $1 billion since inception, and its inability to secure meaningful media rights deals has left it structurally outmatched by the PGA Tour, which...
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Apr 2, 2026 ∙ 4 min
The Physical as the Fine Print: Implied-in-Fact Agreements and the NFL's Unregulated Trade Window
This past NFL offseason was as electric and unprecedented as we've seen in recent history — from center Tyler Linderbaum resetting the market with his new $81 million contract with the Las Vegas Raiders, to outside linebacker Trey Hendrickson and his $112 million contract with the Baltimore Ravens. Better yet, the deal that was heard around the league but was too good to be true: the Raiders sending Maxx Crosby to the Ravens in exchange for two first-round draft picks. "Done deal" was written...
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Paul Semedo
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