re: Burrow never in the Heisman House commercials!

quote:

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Chapter 7 is the “worst” bankruptcy. It’s liquidation. They sold all of their assets in October. Although their former founder bought assessors back for ~$10MM. But for all intents and purposes Lordstown is defunct.

When the company went through bankruptcy I guarantee they had to default on their marketing deal, or at the very least didn’t renew. There is no way you have to sell all of your assesses to pay your creditors and still hold on to a high profile marketing contract.

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Gotcha. To me, if I'm someone highly marketable like JB (Heisman winner, #1 pick, Natty winner, contract that pretty much guarantees him being in the NFL while regardless of play) I would have an out in my contract if the company changed direction in a significant way.

For instance, and I'm NOT saying this is whats happening, and electric vehicle mfgr stops producing elec vehicles and switches to gas powered only... or lets say boats. This would change my opinion of the company. I would think people would have an out on their contracts in an event like this.

No?