Originally posted by boatcapt
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PLAYERS
OTE teams features top high school rising juniors, seniors and post-graduate athletes globally. They will compete both within the league and in external competitions against domestic and international teams. The league features 27 players, all living, learning, and training in Atlanta.
COMPENSATION
Each athlete receives a guaranteed minimum salary of at least $100,000 per year, plus bonuses and shares of equity in Overtime. Players participate in revenue from use of their name, image and likeness, including through sales of custom jerseys, trading cards, video games, and NFTs. Players retain the right to sign direct sponsorships with sneaker companies.
BENEFITS
Every player receives full health care coverage as well as disability insurance coverage, providing financial protection should they receive an injury that hinders their ability to play professionally. For each athlete, Overtime guarantees payment of up to $100,000 for college tuition should they decide not to pursue a professional basketball career.
EDUCATION
OTE offers a direct-instruction model led by individual instructors who teach both 1:1 and in small group sessions featuring a 4:1 student-teacher ratio. OTE supplements a traditional course offering with a focus on life skills including financial literacy, media training, and advocacy and sports, and business of basketball.
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