Very cool article on Kingdom NIL

[AGLamb]

UCF and Kingdom NIL: The Knights' new way to promote student athletes

As UCF prepares for its first season in the Big 12 Conference, it finalized a move with hopes of moving into financial parity with the rest of the conference.

www.nicholsonstudentmedia.com

"All of our athletes, whether you are in NIL or not, you are getting basic financial literacy," Anderson-Duzan said. "If the deal is over the threshold of $12,000, actually closer to $13,000, they do a one-on-one session with me and go over those basic understandings of budgeting, savings and taxes.

Originally it was 99% pass through to athletes. With the financial growth it’s 90% with 10% to overhead which they say is standard for large collectives (and better than Mission Control IIRC)

it seems like the Kingdom’s approach is healthy for the athletes and hopefully sustainable. We’re lucky to have it!

 

[Cocoa2010]

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[dali drama]

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