Tracking LifeWallet’s Mission to Sign $10 Million in NIL Deals

Tracking LifeWallet’s Mission to Sign $10 Million in NIL Deals

Miami and FIU athletes have been signed to more than $2.3M in deals so far.

by Kristi Dosh

February 12, 2022

Miami businessman John Ruiz has been making headlines after announcing he intends to dedicate $10 million to NIL deals. So far, he’s signed 54 Miami and FIU student athletes in football, baseball, volleyball, swimming and golf to $1.5 million in deals. We’re tracking the deals in the table below.

Ruiz is a trial attorney who founded MSP Recovery, a law firm that specializes in Medicare litigation. It has been valued at $32.6 billion, with Ruiz’s estimated 70% stake valued at over $20 billion.

LifeWallet is a new product from MSP that enables healthcare providers to more easily access a person’s medical history before treatment. It’s described as empowering people “to take control of your health by allowing you access to your own medical and prescription information” by allowing you to store all that information in one place instead of having to request them one-by-one from providers when you need them.

Student athletes receiving NIL deals from LifeWallet will be promoting the new app.

Ruiz also recently filed a lawsuit on behalf of high school baseball athlete Sal Stewart against the Florida High School athletic association for its rules prohibiting high school athletes from participating in NIL deals.