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Post by Bornthrilla on Dec 17, 2023 11:38:06 GMT -5
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Post by Aggie One on Dec 22, 2023 19:12:59 GMT -5
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Post by Bornthrilla on Dec 28, 2023 17:47:17 GMT -5
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Post by Bornthrilla on Jan 9, 2024 11:21:42 GMT -5
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Post by aggie2039 on Jan 12, 2024 22:10:17 GMT -5
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Post by Bornthrilla on Jan 19, 2024 8:32:19 GMT -5
You should draft a proposal on how such an NIL setup like that would work and present it to this forum. I have yet to see a NIL model at this level (low mid-major/FCS) that has proven to be fruitful.
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bluehaze
Official BDF member
Posts: 6,237
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Post by bluehaze on Jan 19, 2024 9:45:01 GMT -5
You should draft a proposal on how such an NIL setup like that would work and present it to this forum. I have yet to see a NIL model at this level (low mid-major/FCS) that has proven to be fruitful. Don't know how successful it is, but this is what Howard is doing. Howard University NIL collective announced Howard University is putting together an NIL Collective that allows fans to support student-athletes. By HBCU Gameday Posted on September 20, 2023 WASHINGTON, D.C. (September 20, 2023) – myNILpay, the first-ever digital platform that allows fans to pay NCAA student-athletes directly and compliantly, today announced a partnership with The Mecca Society to power Howard University’s NIL collective. myNILpay is a patent-pending platform that allows college sports fans to directly pay student-athletes through a seamless, NCAA-compliant method leveraging their NIL rights. In a first-of-its-kind partnership for the platform,myNILpay will be the primary source for the newly launched collective to provide financial support for its student-athletes. By harnessing the power of NIL, The Mecca Society aims to expand opportunities for Howard University student-athletes to receive financial support during their collegiate career that they otherwise would not have had access to. The NIL collective will not only allow them to be compensated for their performance but also help them realize their earning potential for their personal brand. “By launching the University’s marquee NIL collective, we are going to further enhance our student-athletes’ NIL earning potential, and with the help of myNILpay, our diehard fanbase and alumni network now has an effortless platform to support their Bison family,” said Eric Grant, Board Member of The Mecca Society NIL Collective. “This is only the beginning, but it’s clear that our student-athletes have as bright of a future as any in college athletics. We strongly encourage all Bison fans to support our student-athletes through the myNILpayapp.” “myNILpay and The Mecca Society will help Howard University student-athletes maximize their earning potential,” said Brent Chapman, CEO of myNILpay. “This financial support will open countless doors for many of these athletes and will allow them to recognize their value.” To support Howard University student-athletes through myNILpay, fans can download the platform’s app on their mobile devices. Every NCAA-registered athlete is in the database and can be supported by simply entering the amount of money to send. An email is sent directly to the student-athlete’s school email to accept the funds, which are deposited directly into their linked bank account. Upon receipt, the fan will receive a unique digital asset featuring the athlete’s name and digital signature to complete the transaction in compliance with the NCAA quid pro quo requirement. No additional action is needed for the student-athlete. link
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Post by Bornthrilla on Jan 19, 2024 10:06:32 GMT -5
That is my point.
I have yet to see a NIL model at this level that has proven to be fruitful.
Granted, I have seen a bunch of NIL models at this level. Aggie2039 is already a member of one. However, the fruitful part is the thing that is usually missing.
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Post by aggie2039 on Jan 19, 2024 10:33:47 GMT -5
That is my point. I have yet to see a NIL model at this level that has proven to be fruitful. Granted, I have seen a bunch of NIL models at this level. Aggie2039 is already a member of one. However, the fruitful part is the thing that is usually missing. The definition of success and fruitfull is subjective. The goal is to raise money for kids to stay at the institution. Unless you have inside knowledge at universities with these programs you will not know if they are successfull or not.
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Post by Bornthrilla on Jan 19, 2024 11:16:37 GMT -5
Sir, your NIL Club raised about five dollars and 37 cents for each athlete last year. I think it is pretty fair to say that endeavor was not really fruitful.
Not saying something like that couldn't possibly work in the future; I am just asking to see your plan on how it could be successful now.
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Post by aggie2039 on Jan 19, 2024 11:23:42 GMT -5
Sir, your NIL Club raised about five dollars and 37 cents for each athlete last year. I think it is pretty fair to say that endeavor was not really fruitful. Not saying something like that couldn't possibly work in the future; I am just asking to see your plan on how it could be successful now. that is not my NIL club, that is the players NIL club.
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Post by Bornthrilla on Jan 19, 2024 11:32:40 GMT -5
You are a member. You promoted it.
You keep telling everybody that we need to do this and that with NIL, but every time I ask for simple details on how this NIL club works, you get real quiet.
Do you have a plan for starting a different NIL collective that would be more successful?
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Post by AggieDad17 on Jan 19, 2024 12:08:50 GMT -5
I was poking around the myNILpay site and reading up on it. It seems like a great benefit for athletes. Not sure how it would keep athletes tied to a school as the app $ will just follow them, unless they are really making an impact. Great idea and I can see some creative types turning this into an athlete-style onlyfans where you can send tips for performance. You like my play? How about $25 for every sack I get? It reminds me of the old fundraisers from back in the day...finding sponsors for jump roping or something like that. I can see local businesses having fun with it too. I guess, like most things, it depends on how it's marketed and presented. I didn't know we had an Aggie specific NIL club though.
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Post by Bornthrilla on Jan 19, 2024 12:18:12 GMT -5
I could be wrong, but I think the players still have to provide some type of service for any NIL money they receive.
Per the current NCCA rules, I dont think you can just give a player money directly for a statistical accomplishment.
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Post by AggieDad17 on Jan 19, 2024 12:25:24 GMT -5
You are correct Thrilla. This app addresses that by sending each donor a digital asset featuring the athletes signature. That checks the quid pro quo requirement. The app also allows you to contribute to athletic teams and departments as a whole.
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