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Wow, I can't believe that you referred to Cam Newton as "property" and that you "inherited" him. Also, I'm pretty sure that the NCAA ruled that you guys don't have to pay for him anymore. So maybe this "loan" isn't necessary....
OK, serious now. I have a hard and fast rule when it comes to loaning money to family and friends. I will do so with a written contract. I will do so only when I'm comfortable with the entire scenario. And I will ONLY do so when the amount of money is equal to one that I would consider giving as a gift.
My guess is that you're dealing in sums much larger than what's possible in my last caveat. So what I'd do is tell your brother that he needs to convince you like you're an investor. He needs to show you a concrete plan on how and when you'll be paid back. If he can't do that, you can't afford to part with that much money. I've made this scenario work too, but I've never said "yes", mainly because I knew the folks asking couldn't meet my standards.
Oh, and under no circumstances should you ever sign on to a loan with someone else unless you can afford to make the payments yourself.
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"They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety." - B. Franklin
"There ought to be limits to freedom." - George W. Bush
"We have met the enemy and he is us." - Pogo
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