Yappi
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A lot for a few, a little for many
FTX is one of the splashiest figures in the NIL market, giving monthly stipends to Kentucky’s entire men’s basketball team (in dollars) and paying BYU football players more than $500 each (in cash or crypto) to promote it on social media.
But there are huge disparities among NIL offers. While the average NIL transaction on the brand-building platform INFLCR is $1,306, the median transaction is $51, according to numbers provided to the New York Times in December. More than 200 Division I schools around the country have arranged for student-athletes to use INFLCR’s app to connect directly with companies, as well as to post their school’s photos and videos to their own social media accounts.
Silicon Valley will disrupt anything — except college sports
One Cal athlete has garnered $10,000 in endorsements, but the median NIL deal is closer...
www.sfgate.com