Seawolves Fans
Athletics => Conference and Athletics => Topic started by: Chairman of the Board on April 29, 2020, 10:17:34 am
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https://www.espn.com/college-football/story/_/id/49471461/notre-dame-passes-ohio-state-richest-patch-deal
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probably the next step in the changing landscape of college athletics:
Kentucky changes its athletic department to an LLC, hoping to become more nimble in finding revenue
https://apnews.com/article/kentucky-athletic-department-llc-ncaa-1511ccf2b47bf669faba159174cb8cc8
https://www.youtube.com/watch?v=CX92flz-K5M
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Hofstra Announces Landmark NIL Deal for Entire Men's Lacrosse Team
https://www.usalacrosse.com/magazine/college/men/hofstra-announces-landmark-nil-deal-entire-mens-lacrosse-team
In an effort to improve financial literacy, Hofstra and The Athlete Amplifier have partnered for a landmark name, image and likeness (NIL) agreement that will benefit all 46 members of the men's lacrosse team.
Every team member will receive financial compensation from The Athlete Amplifier, which was founded by 1981 Hofstra graduate Joe Rinaldi, who played football at Hofstra in 1978 and 1979, and Cheryl Weaver-Ewing, wife of NBA Hall of Famer Patrick Ewing.
His son, Anthony Rinaldi, is a redshirt freshman on the Pride.
In addition to the NIL deal, every team member will work with Quantum Financial Advisors to open a new investment account through Charles Schwab & Co.
"It was incredibly important to our program that every student-athlete was treated equally and received the same opportunity," Hofstra head coach Seth Tierney said.
The Athlete Amplifier was founded to analyze emerging marketplace trends and offer solutions for high school and college student-athletes looking to leverage NIL opportunities.
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This is what NIL should be.
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Stony Brook Athletics Announces Partnership with Influxer for NIL Merchandise
https://stonybrookathletics.com/news/2024/3/26/general-stony-brook-athletics-announces-partnership-with-influxer-for-nil-merchandise.aspx
Influxer is an officially licensed vendor, creating co-branded apparel customized with players' names and numbers. Through this partnership, Influxer will provide education and training on marketing, entrepreneurship, and personal branding. All lines of merch will be sold via Influxer's platform, influxermerch.com.
Every Stony Brook student-athlete will be able to take advantage of the opportunity to have their own webpage that showcases their personalized gear available for purchase. The Influxer team will manage all fulfillment and customer service, while collaborating directly with Stony Brook student-athletes on creative elements, product creation, design, and marketing.
https://influxermerch.com/athletes/?college=stony-brook-university&sport=all
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The 1957 Club helping Stony Brook athletes pursue NIL opportunities
https://www.sbstatesman.com/2023/09/24/the-1957-club-helping-stony-brook-athletes-pursue-nil-opportunities/
In New York, colleges are prohibited from arranging third-party compensation for their students, meaning Stony Brook is unable to implement its own system to foster NIL contracts. This dilemma inspired Rob Gitto — a real estate developer — to establish the 1957 Club to help provide student athletes at Stony Brook with financial opportunities that they could not legally receive through the institution itself.
Thus far, the 1957 Club has signed five athletes to contracts, all of whom play for the Stony Brook men’s basketball team. The list includes center Keenan Fitzmorris, forward Chris Maidoh, guard/forward Andre Snoddy and guards Aaron Clarke and Tyler Stephenson-Moore.
The upward trend of basketball players being signed to contracts is no coincidence. When forming the 1957 Club, Gitto quickly realized that men’s basketball is where Stony Brook needed the most help generating NIL opportunities.
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Some of the schools in the major conferences have already partnered with outside companies to help them and their athletes take advantage of this. I believe their's a market for this at the midmajor level but SH and his sidekick probably have no idea how to handle it and wont do anything until there told what and how.
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Big deal for some high major FBS players. This will mean virtually nothing to SBU though. Not until we're at least in an A10 level conference IMO.
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https://247sports.com/Article/College-football-NCAA-athlete-compensation-rule-change-Mark-Emmert--146612206/