Split Revenue Agreement

Maybe you`ve invested the most and plan to run the business; You can share the winnings, you get 50 percent and each partner takes 25 percent. Several major professional sports leagues use participation in turnover with ticket proceeds and merchandising. For example, the separate organizations that operate each National Football League (NFL) team together aggregate a large portion of their revenues and distribute it among all members. Several kickers and provisions can be added to revenue participation agreements. For example, if the NFL season were increased from 16 to 17 games in the coming years, players would receive additional revenue or a foosball table if the advertising revenue generated by television contracts increased by 60%. In other words, revenue participation agreements may include percentage increases or reductions in the future, depending on performance or certain predefined metrics. Before entering into a partnership, you must draw up written contracts covering your agreements…