A New Type of NIL

[ShockBand]

I really do hate to interpret all this through a negative lens, but my gut feeling is, we're done being able to compete on a national level.

I always felt like the less power the NCAA had to make and enforce rules that attempted to create a mostly level playing field, the more it would hurt WSU.

I agree, and there is also a part of me that wants to see this new system crash and burn. The money bag chasing, along with the constant conference realignment churn, just makes me less and less interested in college athletics all the time.

[SubGod22]

Go Shockers - Wichita State, Influencer Launch Shocker NIL Exchange

Wichita State Athletics, in partnership with Influencer, has launched Shocker NIL Exchange to connect student-athletes and businesses for name, image and likeness (NIL) opportunities.

Free to both student-athletes and commercial enterprises, Shocker NIL Exchange provides a customized portal for communicating with student-athletes and fulfilling NIL transactions.

"We are excited to officially launch the Shocker NIL Exchange as a continuation of our commitment in providing the best opportunities for our student-athletes to maximize their NIL," said Wichita State Deputy AD Madison Mason. "This platform will allow Shocker student-athletes the platform to engage directly with businesses and sponsors."

After registering on Shocker NIL Exchange, a business can access a database of Shocker student-athletes, searchable by a variety of criteria, to message a student-athlete directly or request contact information. Influencer and Wichita State will not be involved in any NIL negotiations.

Once an NIL agreement is reached, a customized reporting form compliant with the Kansas law and Wichita State Athletics Name, Image and Likeness guidelines is created and forwarded to Wichita State.

Shocker NIL Exchange also includes a payment processing tool to securely pay student-athletes and create a 1099 form that lives in the student-athletes Influencer app for more efficient tax reporting. The platform will continue to provide education on NIL issues, including financial literacy and brand building, while providing market research and tracking social media growth and engagement.

"We are excited to partner with Wichita State to support the launch of the Shocker NIL Exchange," said Teamworks Influencer General Manager Sean Kelly. "This custom NIL marketplace will provide the platform for Shocker student-athletes to monetize their personal brand and connect them to NIL opportunities."

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About Influencer
Influencer, a Teamworks product, is the leading athlete brand-building and NIL business management app for elite athletic organizations. The Influencer athlete app educates collegiate student-athletes, coaches and staff for the NIL era in a safe and compliant environment, all powered by best-in-class content delivery for student-athletes to access and share content to their social media channels. Influencer works with more than 250 collegiate and professional sports organizations.

Impactful new features like the Influencer Local & Global Exchange, provide local and national companies with the ability to find, communicate, pay, and report NIL transactions with collegiate student-athletes, maximizing their NIL earning potential with streamlined reporting for their institution and their personal tax returns.

Visit www.inflcr.com for more information.

Influencer+ Local Exchange
Influencer provides proven technology that offers athletics departments a place to send any business, collective, or individual interested in starting an NIL conversation with student-athletes and allows businesses to access a school-specific directory to filter and contact specific student-athletes by team, sport, and many other options, including automated NIL transaction compliance and tax reporting. For student-athletes, all NIL business conversations can live in their existing Influencer account with automated payments and streamlined reporting for tax purposes.

About Shocker NIL Exchange
The Shocker NIL Exchange is a student-athlete NIL business registry, custom-designed for businesses, donors, alumni, and any other interested NIL dollars wishing to connect with student-athletes. Registered businesses can search, filter and initiate conversations with your student-athletes to discuss an NIL deal. Once the NIL deal between a registered business and your student-athlete is completed, the business will use the Shocker NIL Exchange to create a transaction that will produce a direct payment to the student-athlete and automate a disclosure to the Influencer Verified Compliance Ledger. The institution does not have to get involved in the deal, and all transactions within the exchange are consolidated into the compliance ledger for the school's review. 1099-K's are also sent to the student-athletes who meet the IRS threshold for third party payment reporting requirements.

FAQs:
What is Name, Image & Likeness?
As of July 1, 2021, student-athletes competing in NCAA intercollegiate athletics are permitted to receive compensation for the use of their name, image or likeness (NIL) for commercial activities, including endorsements through traditional and social media, appearances, entrepreneurial activities, in-kind deals, autographs and more, in accordance with NCAA guidelines and Wichita State University NIL protocols.

Does the state of Kansas have an NIL Policy?
NO

Can a University employee or coach help arrange a deal for an athlete?
No. University employees, including coaches and members of the athletics department, CANNOT negotiate deals or contracts. However, they can direct student-athletes to NIL-related opportunities on the Shocker NIL Exchange.

Does the school or Influencer take any revenue from NIL transactions in the Local Exchange?
No.

Do you have to be an official university licensee to register?
No, but businesses will not be permitted to use university marks without a licensing agreement with Collegiate Licensing Company (CLC) or a partnership agreement with Shocker Sports Properties (SSP). For more information about becoming a licensee with Wichita State University, contact Catherine Bitting at catherine.bitting@wichita.edu. For more information about being a partner of Shocker Sports Properties, please contact Mark Rogers at mrogers@goschockers.com

How will I know when I am approved?
You should receive an email verifying your approval. Our goal is to provide final approval or additional correspondence regarding that approval within 48 hours. If you have any questions or concerns, please contact Korey Torgerson at ktorgerson@wichita.edu.

When can I start contacting athletes and processing payments?
After being approved by the school, you will be able to contact athletes and process payments.

Additional Resources

• [NIL Policy Link] → https://goshockers.com/documents/2022/8/24/2022_08_23_NAME_IMAGE_LIKENESS_POLICY_-_FINAL.pdf
• WheatShock Collective Website → https://wheatshockcollective.com/
• [MMR Link] - https://shockersportsproperties.com/
• [Licensing Link] - https://www.wichita.edu/administration/trademark-and-branding/index.php#licensing
• [NCAA] - https://www.ncaa.org/sports/2021/2/8/about-taking-action.aspx
• [State Law] - NOT APPLICABLE

[WuShock Reaper]

Georgia governor signs order to allow schools to pay players

https://www.espn.com/college-sports/story/_/id/41302121/georgia-governor-signs-order-allows-schools-pay-players

Dan Murphy
Mark Schlabach
Sep 17, 2024, 01:21 PM ET

"Schools in Georgia have legal cover to immediately begin paying their athletes directly, according to an executive order signed by the state's governor Tuesday morning. Gov. Brian Kemp signed an order that prohibits the NCAA or athletic conferences from punishing any university or college in Georgia for "offering compensation, or compensating an intercollegiate student-athlete for the use of such student-athlete's NIL...."

[Kung Wu]

After a good play pop this up on the video board: "Text $hock$ to 12345 to contribute $5 to the NIL fund!" Have a cha-ching or "I'm in the money!" sound play on the PA every time a donation is made.

Okay, that's cool!!