Spry Announces Partnership with St. Edward’s University to Help School Manage Compliance with the Name, Image, and Likeness (NIL) Movement
Spry, a technology solution designed to help colleges and universities navigate the rapidly evolving Name, Image, and Likeness (NIL) landscape, announced today an agreement with St. Edward’s University, an NCAA Division II school in Austin, Texas, to help the school’s athletic department manage compliance issues that arise as student-athletes sign contracts to leverage their NIL.
“The recent legislation permits student-athletes at all colleges and universities to earn compensation from their name, image, and likeness. It is important for all athletic departments to have the resources to successfully manage NIL activities,” said Lyle Adams, the founder and CEO of Spry. “We are here to provide a robust, cost-effective solution so that the St. Edward’s athletics department can easily adapt to the evolving NIL space.”
With over 63 conference titles, St. Edward’s University has a history of success and is committed to empowering their student-athletes in the NIL landscape.
Spry has been very active in the NIL space since launching almost two years ago as the only compliance-focused solution for athletic departments. It has signed on some of the largest colleges and universities in the country, such as Penn State University (Penn State Making a STATEment on Name, Image and Likeness – Penn State University Athletics (gopsusports.com)) and Wake Forest (Wake Forest Athletics Partners with Spry for NIL Compliance Management – Wake Forest University Athletics (godeacs.com), while also partnering with smaller schools, such as St. Edward’s.
About St. Edward’s University
The St. Edward’s University athletic department has a long history of success in both competition and the classroom. Currently a member of NCAA Division II and the Lone Star Conference, St. Edward’s University has captured 63 conference titles, advanced to the national championship 120 times while producing 118 All-Americans and 141 Academic All-Americans.
St. Edward’s University is recognized as one of “America’s Best Colleges” by U.S. News & World Report and by Forbes and the Center for College Affordability and Productivity. Located in Austin, Texas, with a network of partner universities around the world, St. Edward’s is a diverse community that offers undergraduate and graduate programs designed to inspire students with a global perspective. St. Edward’s is a private, liberal arts, Catholic university in the Holy Cross tradition with more than 5,300 students.
About Spry Payment Systems, Inc.
Spry Payment Systems, Inc. (Spry) is a third-party technology solution designed to navigate the rapidly changing Name, Image, and Likeness (NIL) landscape. With a focus on more than just connecting student-athletes with sponsors and brands, the Spry system helps member institutions and student-athletes stay compliant with NCAA rules while helping student-athletes maximize their opportunities. Founded by Lyle Adams, a former varsity soccer player at Wake Forest University and one of the first engineers at Uber, Spry is uniquely qualified to serve in NIL space