'Substantial doubt' over company of Miami booster John Ruiz
John Ruiz, once dubbed "Miami's NIL king" by ESPN, is struggling to keep his castle intact.
Miami's mega-booster, who has spent millions on NIL deals for Hurricanes athletes in recent years, told investors this week that there is "substantial doubt" that his company, LifeWallet, will stay in business, according to an SEC filing....... https://www.espn.com/college-sports...tantial-doubt-company-miami-booster-john-ruiz