Hall hands on deck

[Gohall129]

Question for Mike / anyone else who understands NIL….

If we can connect our players with some brands- they do a few posts and receive a “referral code” where all sales generated with the referral code can be paid a fair market value commission rate to the players. Is that acceptable? Do we have a strategy for leveraging that avenue?

If so, I may have something small for us to work on something with

 

[SPK145]

Question for Mike / anyone else who understands NIL….

If we can connect our players with some brands- they do a few posts and receive a “referral code” where all sales generated with the referral code can be paid a fair market value commission rate to the players. Is that acceptable? Do we have a strategy for leveraging that avenue?

If so, I may have something small for us to work on something with

Sounds like what NIL should be.

 

[Gohall129]

Sounds like what NIL should be.

It’s a close second to receiving a car for stepping on campus

 

[dehere23]

It’s a close second to receiving a car for stepping on campus

I saw a close third, lol. Getting paid to do charity work takes the cake for me.

 

[SHUHitman]

I saw a close third, lol. Getting paid to do charity work takes the cake for me.

Yes, but they enjoy the charity work they are getting paid to do. That counts for something, doesn't it???

In all seriousness, I'd like to expand upon OP's question - I posed this to the forum last year at this time but never got an answer from anyone. I had and still have a contact that runs a startup that specializes in sports memorabilia and athlete-focused NFTs. They currently have active, working deals with several prominent MLB and NFL athletes, several NFL franchises, and last year started relationships with 2 prominent NCAA football players.

They were open to having a conversation with someone concerning our Seton Hall athletes. Basically, they would create a series NFTs of each participating athlete. Fans would purchase these NFT memberships and the overwhelming majority of the revenue goes to the athlete. In turn, fans get the digital collectible, which also allows them rights to future, free NFTs that they release for that same athlete. Further, holding said NFT would give them access to other, physical signed memorabilia at discounted prices, participation in gated auctions for game used collectibles, etc. Long story short, it's a no-risk model for the athlete and it would allow fans to get "something" in return for putting coin in the athletes pocket.

The ship holding their interest may have sailed at this point but I'd be happy to facilitate a conversation if I even knew who and how to direct the opportunity.

 

[TheHall87]

Yes, but they enjoy the charity work they are getting paid to do. That counts for something, doesn't it???

In all seriousness, I'd like to expand upon OP's question - I posed this to the forum last year at this time but never got an answer from anyone. I had and still have a contact that runs a startup that specializes in sports memorabilia and athlete-focused NFTs. They currently have active, working deals with several prominent MLB and NFL athletes, several NFL franchises, and last year started relationships with 2 prominent NCAA football players.

They were open to having a conversation with someone concerning our Seton Hall athletes. Basically, they would create a series NFTs of each participating athlete. Fans would purchase these NFT memberships and the overwhelming majority of the revenue goes to the athlete. In turn, fans get the digital collectible, which also allows them rights to future, free NFTs that they release for that same athlete. Further, holding said NFT would give them access to other, physical signed memorabilia at discounted prices, participation in gated auctions for game used collectibles, etc. Long story short, it's a no-risk model for the athlete and it would allow fans to get "something" in return for putting coin in the athletes pocket.

The ship holding their interest may have sailed at this point but I'd be happy to facilitate a conversation if I even knew who and how to direct the opportunity.

I would think this would be a Mike McBride question/conversation.

 

[Halldan1]

Yes, but they enjoy the charity work they are getting paid to do. That counts for something, doesn't it???

In all seriousness, I'd like to expand upon OP's question - I posed this to the forum last year at this time but never got an answer from anyone. I had and still have a contact that runs a startup that specializes in sports memorabilia and athlete-focused NFTs. They currently have active, working deals with several prominent MLB and NFL athletes, several NFL franchises, and last year started relationships with 2 prominent NCAA football players.

They were open to having a conversation with someone concerning our Seton Hall athletes. Basically, they would create a series NFTs of each participating athlete. Fans would purchase these NFT memberships and the overwhelming majority of the revenue goes to the athlete. In turn, fans get the digital collectible, which also allows them rights to future, free NFTs that they release for that same athlete. Further, holding said NFT would give them access to other, physical signed memorabilia at discounted prices, participation in gated auctions for game used collectibles, etc. Long story short, it's a no-risk model for the athlete and it would allow fans to get "something" in return for putting coin in the athletes pocket.

The ship holding their interest may have sailed at this point but I'd be happy to facilitate a conversation if I even knew who and how to direct the opportunity.

Posted often to contact Mike McBride with these type of question....

michael.mcbride1@shu.edu

As friendly and open to suggestions as anyone you will ever speak to.

If you do not want to email him and you will be at the Beefsteak seek him out. He will be one of the main speakers.