The service will help student-athletes pursue Name, Image & Likeness (NIL) business opportunities.
Ïã¸ÛÁùºÏ²Ê¹ÒÅÆ Athletics, in partnership with INFLCR (pronounced "influencer"), is excited to announce the launch of the Ïã¸ÛÁùºÏ²Ê¹ÒÅÆStags Exchange, which will allow student-athletes to pursue Name, Image, & Likeness (NIL) business opportunities.
Companies can register for the Ïã¸ÛÁùºÏ²Ê¹ÒÅÆStags Exchange via . Examples of possible business deals include public appearances, autograph signings, social media promotion and endorsement, private lessons, and athletic camps.
“We are excited to announce the Ïã¸ÛÁùºÏ²Ê¹ÒÅÆStags Exchange as the first of a multi-layered approach to support our student-athletes’ NIL opportunities and efforts,” said Vice President for Athletics Paul Schlickmann. “It is our hope and belief that local businesses will see first-hand the creative intelligence, relentless work ethic, and entrepreneurial spirit that are consistent traits of our student-athletes and will prove mutually beneficial for their shared goals and objectives. This venture aligns with our University pursuit of modern excellence and our departmental mission to provide a holistic educational experience for our student-athletes.”
In June of 2021 the NCAA approved an NIL policy that allows NCAA student-athletes to be compensated for their name, image and likeness. The Ïã¸ÛÁùºÏ²Ê¹ÒÅÆStags Exchange will be the primary site dedicated to NIL education, opportunities, and reporting. Members of the business community will now be able to partner directly with student-athletes on brand-focused activities, provided they are within legal protocols, follow the Ïã¸ÛÁùºÏ²Ê¹ÒÅÆ NIL policy, and are approved in advance by the Ïã¸ÛÁùºÏ²Ê¹ÒÅÆAthletics Compliance office.
“Ïã¸ÛÁùºÏ²Ê¹ÒÅÆis unlocking a huge opportunity for their student-athletes by investing and building the Local Exchange in partnership with INFLCR,” said Jim Cavale, INFLCR Founder. “The Ïã¸ÛÁùºÏ²Ê¹ÒÅÆStags Exchange empowers their student-athletes to monetize their personal brands with NIL partnerships on a fee-free platform.”
After a business or individual registers on the Ïã¸ÛÁùºÏ²Ê¹ÒÅÆStags Exchange, they will have access to a searchable database of Stags student-athletes, and can filter that database through a variety of criteria. They will have the ability to message the student-athlete directly in the application or request contact information to begin discussions about any potential NIL transaction. INFLCR and Ïã¸ÛÁùºÏ²Ê¹ÒÅÆ Athletics will not be involved in any of the negotiations.
Upon finalization of an NIL deal within the Exchange, student-athletes will then be able to complete a compliance disclosure within the INFLCR app. The app will also include a payment processing tool for the business to securely and directly pay the student-athlete, with no transaction fees. All disclosure and payment data automatically reports to the institution's existing INFLCR compliance portal, and any payments processed using this tool will be reported on a consolidated 1099 that lives in the student-athletes’ INFLCR app for more efficient tax reporting.
Ïã¸ÛÁùºÏ²Ê¹ÒÅÆ INFLCR
INFLCR, a Teamworks product, is the leading athlete brand-building and NIL business management app for elite athletics organizations. The INFLCR 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. INFLCR works with more than 270 collegiate and professional sports organizations.
INFLCR also provides 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 for more information.
INFLCR Local Exchange
INFLCR Local Exchange provides proven technology that offers athletics departments a place to send any business 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 INFLCR account with automated payments and streamlined reporting for tax purposes.
