ESPN host and retired NBA star slammed for offering 'predatory loans' to college and high school athletes

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ESPN host and retired NBA star slammed for offering 'predatory loans' to college and high school athletes

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ESPN host and former NBA star Kendrick Perkins is facing backlash over a new startup company that is being compared to a 'predatory' lender. Perkins, the 39-year-old basketball analyst, is partnering with Wall Street investor Chris Ricciardi in Nilly, which offers college athletes up-front money in exchange for future name, image and likeness (NIL) earnings. The problem, according to expert who spoke to ESPN about the company, is that Nilly could lead a vulnerable group of young people into predatory loans.
Read More >> Full Article on Source: ANIO MAG
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