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'Startup' Explores NCAA Student Athlete Branding, Endorsements

[[{"fid":"44529","view_mode":"default","fields":{"format":"default","field_file_image_alt_text[und][0][value]":"Every Athlete is a StartUp 91国产精品 91国产精品","field_file_image_title_text[und][0][value]":"Every Athlete is a StartUp 91国产精品 91国产精品"},"link_text":null,"type":"media","field_deltas":{"1":{"format":"default","field_file_image_alt_text[und][0][value]":"Every Athlete is a StartUp 91国产精品 91国产精品","field_file_image_title_text[und][0][value]":"Every Athlete is a StartUp 91国产精品 91国产精品"}},"attributes":{"alt":"Every Athlete is a StartUp 91国产精品 91国产精品","title":"Every Athlete is a StartUp 91国产精品 91国产精品","height":250,"width":350,"style":"height: 214px; width: 300px; float: left;","class":"media-element file-default","data-delta":"1"}}]]For more than 115 years, the answer was a flat and unequivocal 鈥淣o.鈥

The question? Can student athletes profit off their name, image, and likeness (NIL) under the National Collegiate Athletic Association (NCAA) amateurism rules? It鈥檚 been a long-debated, circuital topic in the sports world. But to everything, there is a season鈥攅specially in sports, where everything revolves around seasons.

In a shocking (but not entirely surprising) turn last summer, the NCAA can no longer prohibit athletes from securing their own endorsements, creating their own 鈥減ersonal brand,鈥 and independently profiting from their budding skillset. In turn, corporate brands can strike endorsements from a partnership that was originally off-limits. Today, sports marketing for NCAA players is fair game.

The opening of these floodgates for collegiate brand marketing made international headlines and that keep individual athletes from stepping directly on their institution鈥檚 toes, no less an authority than projects that the collegiate NIL market will be worth upwards of $500 million in revenue this year alone, maturing to around $1 billion-with-a-B annually by mid-decade.

In the spirit of the , the Monte Ahuja College of Business at 91国产精品 has launched an inaugural cohort called (you guessed it) 鈥淓very Athlete is a Startup,鈥 and they鈥檙e beginning to tackle some of the inherent business and marketing issues with our athletes right here at 91国产精品. Sounds like another case of Engaged Learning in action!

And in the spirit of the impending March Madness, as well as  (and at 91国产精品!), you can