Spry 5 – September 2021
Welcome to the official kick off to the Spry Five!
Twice a month the team at Spry will share our thoughts on articles that have caught our eye! With states still updating and passing NIL legislation and cutting edge student-athlete deals being signed every day it is hard to keep up. It is our hope to encourage educated NIL conversations by sharing these small snippets of news.
Cryptocurrency arrives on college campuses
Cryptocurrency is making its way onto college campuses via NIL opportunities. Athletes offer exclusive benefits and trade their value via crypto coins. Learn more in this article that dives deeper into how athletes can take advantage of another NIL category.
Vast majority of NIL deals modest so far, while international athletes continue to be shut out
How do you think NIL is working out for student-athletes? There seem to be unexpected highs and lows in the deals that are occurring across the board. This article discusses how smaller deals are having a big affect and also how international student-athletes are being left out of the NIL conversation.
NIL Education: The Cost of Teaching Business
Now two months into the NIL era, we are starting to identify where some of the gaps exist within the current process. One of those areas seems to be around education.