Amateur athlete compensation product using residual value

摘要

A computer-implemented method including, retrieving information indicative of aggregate income that is attributable to a plurality of collegiate sports teams and income that is attributable to a particular collegiate sports team in the plurality, and for the particular collegiate sports team, determining an athlete residual value that is at least partly based on the aggregate income that is attributable to the plurality of collegiate sports teams and the income that is attributable to the particular collegiate sports team in the plurality, determining, based on the athlete residual value, a portion of the aggregate income that is revenue shared with a particular athlete who is a member of the particular collegiate sports team, and causing the determined portion of the aggregate income to be placed in a student athlete retirement trust for the particular athlete.

主权项

1. A computer-implemented method comprising:
retrieving by a computer information indicative of aggregate income attributable to a plurality of collegiate sports teams and income attributable to a particular collegiate sports team in the plurality of collegiate sports teams; for a particular collegiate sports team, determining by the computer an athlete residual value for the particular collegiate sports team, with the athlete residual value being based on a sum of a first ratio of the income that is attributable to the particular collegiate sports team to the aggregate income that is attributable to the plurality of collegiate sports teams, a second ratio of a number or an amount of scholarships that is attributable to the particular collegiate sports team to an aggregate number or an aggregate amount of scholarships attributable to the plurality of collegiate sports teams, and a third ratio of a number of athletes on the particular collegiate sports team to an aggregate number of athletes participating in the plurality of collegiate sports teams; determining, based on the athlete residual value, a portion of the aggregate income that is revenue shared with a particular athlete of the particular collegiate sports team; and causing the determined portion of the aggregate income to be placed in a student athlete retirement trust for the particular athlete.