This isn't an article about him learning to run differently on the field to keep himself healthy, it's about his image, or rather his ability to make money from his image and his name.
Young has filed a lawsuit in Houston against three individuals who applied for the trademark "VY" and "INVINCEABLE" after Young guided Texas to the national championship in 2006.
Young wants them to relinquish the trademark so he can use it. The third-year pro has been prevented from getting marketing deals, including some that were in the works for Reebok, according to Young agent Major Adams.
Young wants them to relinquish the trademark so he can use it. The third-year pro has been prevented from getting marketing deals, including some that were in the works for Reebok, according to Young agent Major Adams.
The lawsuit was filed in U.S. District Court on Dec. 12 against Rodney Vannerson, Enos Cabell and Tom Roberson, listed as "three friends."
"Vince is aware of it and he is the one who wanted to really pursue it because it's been a part of him since he was playing in high school,'' agent Major Adams said. "It is standing in the way of some things Vince wants to do. Even Reebok wanted to do some VY things and they had to back off because of litigation.''
"Vince is aware of it and he is the one who wanted to really pursue it because it's been a part of him since he was playing in high school,'' agent Major Adams said. "It is standing in the way of some things Vince wants to do. Even Reebok wanted to do some VY things and they had to back off because of litigation.''
According to Adams, the day after the Rose Bowl, the three defendants went to try and trademark "VY" and "INVINCEABLE." Young didn't realize it until after he had declared for the draft.
If VY gets them to give up the trademark, it'll come with a steep price. Reebok wanted to do a big campaign with his featuring print, TV, multimedia; a rollout worth several million. If Young is able to do this he should take the money directly from his agent, it's his job to protect his client and his interests, and in this case the agent clearly didn't. There are positives to hiring a family friend as an agent, hopefully they won't screw you as bad, the downside is their lack of experience and in this case that lack of experience may cost VY millions.
6 comments:
shame!
we'll see how it turns out. It's interesting that they couldn't work out a monetary settlement first.
ppl are greedy cowboy!!
love the new kiss christmas piccie!
They did what smart people do, it was agent who blew it. He should have dealt with this before he was drafted. I understand the agent can't foresee everything but if he was known as VY since high school, get the trademark, webite etc on that. INVINCEABLE is easy, just change the spelling and get around the trademark.
KISS for the holidays.
did they know? didn't seem like they did....either way, be it court of law or karma law.....those "friends" will get theirs in the end........
I don't know if the agent did or not, VY hired a family friend as his agent. Many didn't think is was the best decision because the guy had no experience as an agent. It's been fine until this and this may turn out fine.
Adams also caught alot of crap for not getting VY ready for the Wonderlic.
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