Mar 8, 2022
Since Name, Image, and Likeness ("NIL") was launched in July 2021, there has been no independent data to see how student-athletes have been engaging in NIL. With Student-Athletes Insights monthly surveys, analysis of the progress of the NCAA interim NIL policy is now possible. Here's a summary of findings from the survey of 1,100 NCAA DI student-athletes.
Social Media Dominates
Social Media is dominating NIL activities. But there is a little more to it than meets the eye. The kinds of social media activities can be further segmented into three types: 1) "social media influencers", where a brand pays a student-athlete to post content, 2) a student-athlete's use of social media to promote their own brand or merchandise, or 3) the use of social media like Cameo to sell content directly to consumers.
Non-Revenue Sports Are Gaining Traction
There is no question that football student-athletes are seeing the most NIL opportunities (40% of all NIL activity is by football athletes). But the opportunities for non-revenue sport athletes are creeping upwards and account for nearly 50% of the total.
Deal Size
The average compensation per student-athlete per activity was $650. Not as promising is the fact that the rate of "in-kind" deals rose dramatically. Cash deals account for 65% of all NIL activity, while in-kind deals now total 35%.
About Student-Athlete Insights
Founded by SportsBusiness Journal Forty Under 40 Award winner and professor at the University of Vermont's Grossman School of Business Bill Carter, Student-Athlete Insights is the leading educator to athletic departments, service providers, and student-athletes about Name, Image, and Likeness.
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