Invention Grant
- Patent Title: Amateur athlete compensation product using residual value
- Patent Title (中): 业余运动员补偿产品使用残值
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Application No.: US14078111Application Date: 2013-11-12
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Publication No.: US08781939B1Publication Date: 2014-07-15
- Inventor: Dina Sinno , John McDonough
- Applicant: FMR LLC
- Applicant Address: US MA Boston
- Assignee: FMR LLC
- Current Assignee: FMR LLC
- Current Assignee Address: US MA Boston
- Agency: Fish & Richardson P.C.
- Main IPC: G06Q40/02
- IPC: G06Q40/02 ; G06Q40/06

Abstract:
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.
Information query