• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

How do I pitch this IP?

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

Wrecks Cars

Junior Member
New Mexico:
This question is not New Mexico specific.

I have an intellectual property in the form of a "tool" based on the power of visual asssociation that is designed to solve a serious problem that plagues teams on the field in American football.

I want a specific NCAA team to test it under a licensing agreement that says they owe me nothing if it doesn't work, and they owe me a substantial one-time fee for unlimited use if it does---the details are not important to this question.

The problem: I have no professional experience in football, and it will be extremely difficult for me to get an audience with the athletic department at any college. After all, no one in the history of football---college or pro---has ever been able to solve this problem, including today's multi-million-dollar coaches; what makes me think I can?

So, in order to get it in the door, I want to pitch it to a private multi-billionaire who has a passion and obsession for doing whatever it takes to put this particular team at the top of the football food chain. He could walk the idea right into the athletic director's office.

Should I have an attorney approach him, or should I do it myself?
Should it be casual, or should it be legal---non-disclosure agreement, etc.?
If any, what kind of attorney do I need: contract, IP, business, etc.?
How should I contact this gentleman?

I very much appreciate everyone's help.
 


divgradcurl

Senior Member
As far as who to contact to start the pitch, I have no idea. Maybe you could start with an attorney who deals with sports, that might be a start.

But from a practical perspective, it is very difficult to protect an intangible idea. The only way to protect an intangible idea is to keep it secret -- but, of course, that defeats the purpose in your case! Consult with an attorney, maybe an NDA or something similar might give you some level of protection, at least at first.
 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
data-ad-format="auto">
Top