The NIL Summit will teach athletes how to maximize their NIL opportunities and network with those within the industry
The more than 1,000 NCAA and NAIA schools select representatives among their athlete populations. Any school can nominate up to 10 athletes . Schools working with the NIL platform INFLCR will have the first athlete’s entree fee waived. The entry fee is $500 per athlete and fees can be paid from NIL collectives, brands, schools or athletes’ families.
Officials will also select a cohort of athletes from historically Black colleges to attend with expenses fully paid, Belzer says. “We are hoping to do it every year where athletes return to discuss how their NIL deals helped them,” says Jim Cavale, the founder and CEO of INFLCR, the title sponsor of the event. “Athletes want to learn from the top performers in the first year of NIL and to learn from brands and how they choose and look at athletes and agencies.”
The event will feature a separate track for school administrators to learn best practices, but the summit is specifically geared around the NIL moneymakers—the athletes. Officials expect at least two dozen representatives from some of the biggest brands in NIL as well as those from the agent world. That includes Wasserman, one of the biggest talent agencies in the world and the exclusive agency sponsor of the summit.
“Student athletes will learn about how you negotiate a partnership, how you deliver ROI [return on investment] and how you invest and find the right business partners,” Belzer says.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Biden 'open' to summit with Putin and Zelenskiy as Russia agrees to more talksThe U.S. said it would provide written responses to Russian security demands amid soaring tensions over its military build-up by Ukraine.
Read more »
Beijing Olympic Committee lowers COVID testing threshold ahead of GamesBeijing Olympic Committee lowers COVID testing threshold for participants ahead of Games
Read more »
New Illini booster group aims to give University of Illinois athletes’ name, image and likeness deals a do-gooder twistAs the once-taboo, now common practice of paying college athletes continues to spread, a group of University of Illinois boosters aims to give the money chase a do-gooder twist.
Read more »
NCAA criticized for changing policy on transgender athletesTransgender athlete and advocate Chris Mosier criticized the NCAA's new policy on the participation of transgender athletes in an interview with ABC News Thursday.
Read more »
$1,000 grants available for teachers' pandemic-related projectsA new grant could help relieve some of the stress teachers face while helping to curb the spread.
Read more »
Dallas working to increase opportunities for minority-owned businesses, though hurdles remainInitiatives designed to foster opportunities for minority- and women-owned businesses are scattered across Dallas, with rules and goals to help owners win...
Read more »