{ Add news
March 2010April 2010May 2010June 2010July 2010
August 2010
September 2010October 2010
November 2010
December 2010
January 2011
February 2011March 2011April 2011May 2011June 2011July 2011August 2011September 2011October 2011November 2011December 2011January 2012February 2012March 2012April 2012May 2012June 2012July 2012August 2012September 2012October 2012November 2012December 2012January 2013February 2013March 2013April 2013May 2013June 2013July 2013August 2013September 2013October 2013November 2013December 2013January 2014February 2014March 2014April 2014May 2014June 2014July 2014August 2014September 2014October 2014November 2014December 2014January 2015February 2015March 2015April 2015May 2015June 2015July 2015August 2015September 2015October 2015November 2015December 2015January 2016February 2016March 2016April 2016May 2016June 2016July 2016August 2016September 2016October 2016November 2016December 2016January 2017February 2017March 2017April 2017May 2017June 2017July 2017August 2017September 2017October 2017November 2017December 2017January 2018February 2018March 2018April 2018May 2018June 2018July 2018August 2018September 2018October 2018November 2018December 2018January 2019February 2019March 2019April 2019May 2019June 2019July 2019August 2019September 2019October 2019November 2019December 2019January 2020February 2020March 2020April 2020May 2020June 2020July 2020August 2020September 2020October 2020November 2020December 2020January 2021February 2021March 2021April 2021May 2021June 2021July 2021August 2021September 2021October 2021November 2021December 2021January 2022February 2022March 2022April 2022May 2022June 2022July 2022August 2022September 2022October 2022November 2022December 2022January 2023February 2023March 2023April 2023May 2023June 2023
News Every Day |

From Angel Reese to little-known locals, you can now pay your favorite college stars directly with the 'Venmo of student athletes'

Angel Reese (right) points to her ring finger as Caitlin Clark walks by at the end of the 2023 National Championship game.
Caitlin Clark (left) and Angel Reese are two of the biggest stars in college basketball.
  • A new Venmo-like app called MyNILPay enables fans to send direct payments to college athletes.
  • CEO Brent Chapman told Insider his app is NCAA compliant thanks to the "quid pro quo" fans receive.
  • Basketball legend Nancy Lieberman said the app helps foster "a level playing field with male athletes."

College athletes have been getting paid thanks to the changing landscape of Name, Image, and Likeness and the brand sponsorships that have followed.

Now, a new Venmo-like app is enabling fans to get in the NIL action.

MyNILpay allows college sports enthusiasts to send direct payments to their favorite NCAA athletes — from stars of March Madness like Angel Reese and Caitlin Clark to the little-known distance runner at a Division-III school.

"It is like Venmo for student athletes," myNILpay CEO Brent Chapman told Insider. "People say to me, 'Why don't they just use Venmo?' Because they can't. Because it's illegal to send them money."

NCAA rules require collegiate athletes to offer a product or service in exchange for receiving money of any kind. In the case of myNILpay, fans receive "a piece of digital art with the athlete's name and digital signature" after submitting a payment.

"That's the quid pro quo," Chapman said. "It's no different than a signed basketball or football or volleyball, right?"

Christopher Newport University's softball team celebrates winning the 2022 Division-III NCAA championship.
Christopher Newport University's softball team celebrates winning the 2022 Division-III NCAA championship.

All NCAA athletes with an email address ending in ".edu" are automatically eligible to receive payments through myNILpay. While it's an obvious money-maker for the big-name quarterback who completes a stunning touchdown pass or the star guard who hits a buzzer-beater, Chapman said he it may be even more impactful for the student athletes most often overlooked by big brands and schools' NIL collectives — which pool funds to distribute NIL opportunities within a given athletic department.

"This was built not for Bryce Young and Archie Manning," Chapman said. "This was built for D-II, D-III, lower D-I, the swimming team, the soccer team, the Olympic sports."

Chapman said that fans of his alma mater's soccer team, for example, have previously had no way to legally contribute to that team specifically. If they were to donate to the athletic department, that money may very well be allocated to the revenue sports.

But with myNILpay, fans can pay the whole team, the star midfielder, or the third-string goalkeeper. Those same athletes can go to their hometowns to raise money on their own behalf.

While they admittedly won't make the millions of dollars afforded to the top money-makers of NIL, those aforementioned athletes could make enough money to substantially change their college experience.

MyNILpay would've made a massive difference for even the biggest college sports stars in years past. Basketball legend Nancy Lieberman — who enjoyed such a prolific collegiate career that the annual award given to the nation's top point guard is named in her honor — told Insider that she was barely scraping by financially back when she was a multi-time national champion and All-American at Old Dominion.

"When I got there, I was poor," Lieberman, who is on the myNILpay board, said. "And when I left there, I was poor."

Nancy Lieberman during a 1979 college game with the Old Dominion Monarchs.
Nancy Lieberman during a 1979 college game with the Old Dominion Monarchs.

"I was representing the United States of America," she added. "I was representing the Olympic team. I was on two Olympic teams. I mean, I didn't have money to buy a pair of shoes or to have nice clothes."

Lieberman said she believes this product could be particularly impactful for the women of collegiate sports, who will have a chance to level the playing field with their male counterparts by nature of their money going directly into their bank accounts rather than through a third party.

Nancy Lieberman hugs Caitlin Clark at the 2023 Final Four.
Lieberman hugs Clark at the 2023 Final Four.

"You have to pass it down," Lieberman said. "At this stage in my life, my job is to use my platform to help open doors for other people."

Read the original article on Insider

Певица Ольга Бузова ответила на предложение руки и сердца

This SSD Is Cooled With Solid-State Cooling

Animated Disney Movie Moments That Have Aged Terribly

The Future Of Mini PCs Thanks To AirJet: Zotac Zbox PI430AJ

Actors That Released Their Career Best And Worst Movie In The Same Year


Read also

People on social media have figured out how to get round Netflix’s password-sharing crackdown

: 3D enters battle for control of Stratasys with $25 per share cash-and-stock offer

Reporter reveals what the ‘most important thing’ is for Alexis Mac Allister when deciding his new club this summer

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

Animated Disney Movie Moments That Have Aged Terribly

Today24.pro — latest news 24/7. You can add your news instantly now — here

News Every Day

Actors That Released Their Career Best And Worst Movie In The Same Year

Sports today

Новости тенниса
Андрей Рублёв

Российский теннисист Рублев обыграл француза Муте и вышел в третий круг «Ролан Гаррос»

Спорт в России и мире

"Спорт-Экспресс": главный тренер "Црвены Звезды" Милоевич может возглавить "Динамо"

All sports news today

Sports in Russia today


ЦСКА заинтересован в форварде "Пани НН" Сулейманове

Новости России

Game News

Oh heck yeah, these gaudy origami PC cases now come with water cooling support


Українські новини

"ПАЕК" допоміг волонтерам доставити військовим "енергетичну їжу", медичні засоби та витратні матеріали

Губернаторы России
Бато Багдаев

Соелма Дагаева, министерство культуры Бурятии: "Представитель БРХК на форуме по Антитеррору"

Сокуров: «Я вычеркнут из профессионального и общественного процесса в России»

Международный турнир по легкой атлетике имени знаменитого советского спортсмена Анатолия Ивановича Зимина прошёл на днях в Московской области, на стадионе Зарайска

5 историй из детства звезд российского шоу-бизнеса

Пикап на базе Lada Niva Travel создали в Москве

В Сети обсуждают работу бывшей возлюбленной Тимати Алены Шишковой

Певица Мария ЗЫКИНА с программой Изысканной музыки!

Оркестр Центрального округа Росгвардии принял участие в проведении государственного экзамена военных дирижеров

Певец Влад Ренгач представил песню «Тебе снова 18»

В центре Калининграда стартовал турнир по теннису, посвященный Александру Волкову

Алексей Смирнов: "Регбийная школьная лига находится на этапе взросления"

Российский теннисист Карацев уступил американцу Тиафо место в третьем круге «Ролан Гарроса»

Анна Блинкова: теннисный экспресс Страсбург – Париж

На чужой GitHub рта не разевай // Татьяна Исакова о разных подходах реализации IT-проектов в госсекторе

Выставка о героях труда открылась в Музее Победы

Российские металлурги интегрировали усилия в сфере цифровизации производства

5 историй из детства звезд российского шоу-бизнеса

Hyundai Creta и KIA Rio из официальных поставок больше не доступны в автосалонах Москвы

РФС: самым убыточным клубом в РПЛ в 2022 году стал московский «Спартак»

Актриса Лидия Грибова умерла спустя два часа после ухода врачей

Продюсер группы «Ласковый май» Андрей Разин заявил, что Юрия Шатунова убили

Госсекретарь США Блинкен солгал о крахе экономики России

Концертный Директор в тарифе Full

Ждем гостей: день открытых дверей проведут в школе искусств «Дар» Рязановского

"112": Никиту Михалкова госпитализировали с жалобами на сердце и одышку

Путин в России и мире

Персональные новости Russian.city

На нет и данных нет // США объявили о новых контрмерах в рамках Договора о стратегических наступательных вооружениях с Россией

News Every Day

The Future Of Mini PCs Thanks To AirJet: Zotac Zbox PI430AJ

Friends of Today24

Музыкальные новости

Персональные новости