2024 Silver Waves Media NIL Power Conference
Friday October 18th, 2024
Wynn Las Vegas
Panel #1 – Collectives
Walker Jones = Executive Director, The Grove Collective (Ole Miss)
Dan Furman = President, 502 Circle (Louisville)
- Moderated by Carlie Tarbell = 6th Sense Consulting
2 of the top 10 collectives in the transfer market this offseason
- Ole Miss was the leader in CFB
- Louisville was the leader in MBB
“Everybody wants to win”
- Need to show why donation = success
- Proof of concept is critical
- Green Bay Packers model – everyone owns a part of the team
Fans/Donors don’t get to know the players like they used
- Transfer Portal movements = new team/roster each season
- Fans want to know the guys on the team
Membership model with access just like a subscription service (Netflix, New York Times, etc.)
- Monthly payments in exchange for content, engagement, etc.
Get involved with local & regional businesses within 200 miles of campus
- Owned by donors/alumni & do business already in the area
- Integration with athletes in the local community
Don’t think about what collectives were doing 2 years ago
- “Think about what we are doing now”
- There will still be a need for collectives even with revenue sharing
- NIL + Rev Share = Still a need in the market
Help young people learn skills needed for life & business
- How to dress, talk, budget their time, balance their books, invest, etc
- All skills that can be learned through this NIL world
Rob Sine – Blue Print Sports
- Told story of football player who never smiled because was embarrassed about his teeth - Partnered with local dentist, got braces, & now he can’t stop smiling
- Creating unique, helpful, and impactful NIL connections for student athletes
Panel #2 – NIL Agents
Dan Poneman = NIL Agent, Poneman & Naiditch Representation
Mitch Gilfillan = NIL Lawyer, Quinn Johnston Law Firm
- Moderated by Greg Kristof = 6th Sense Consulting
Attorney-Client privilege agreements = Must be in writing
- Offer → Acceptance → Consideration
- Confidentiality clause should be Clear & Concise
This is the 1st time kids & families are making life-changing decisions
Our job is to help stabilize the ecosystem
- Bad agents = enemies, Good agents = allies
- Some coaches don’t like agents because agents can get more $$ for their kids - Important to get everyone on the same page
– AD/Collective/Coach/Agent/Player
Don’t go on a visit or meeting asking “How much am I getting paid?” - You wouldn’t do that when you go for a job interview
“Your value is what someone is willing to pay you”
College sports isn’t going anywhere, so we have to change & evolve - “If my team beast your team, that means ‘I’m better than you’”
- Fans will always want to support their teams
Panel #3 – How Do Mid-Majors Approach NIL?
Tanner Gardner = Athletic Director, Pepperdine
Wesley Mallette = Athletic Director, UC Riverside
Heath Schroyer = Athletic Director, McNeese State
Mark Orr = Athletic Director, Sacramento State
Adam Tschuor = Athletic Director, Pacific
- Moderated by Glenn Sugiyama = DHR Global
- Moderated by Aaron Torres = Fox Sports
“The answer is: We need more money… Now what’s the question?”
- #1 = NIL, #2 = Nutrition, #3 = Player Development → from Heath Schroyer
The AD has to be the one driving NIL
- They are the one sitting with the donors, alumni, potential employers, etc - Help boost enrollment through the athletic department
Recruitment vs. Retention
- Depends on which one is your focus and how it will shift through NIL - Coaches still need to have good experiences & development to keep kids around
- Must take a deeper look at women’s sports and Olympic sports
- “If we don’t have the kids, nothing else matters”
Building a sustainable & consistent NIL Model
- Not just a 1 year thing, must show growth over time
- NIL + traditional athletic fundraising + multi-media rights
True measure of success = “Are your people smiling”
- Educate the internal department people first
- Don’t take for granted that other departments/donors are educated and understand NIL
“You can’t put a price on access”
- Always be willing to give something before you ask for something
- Fan experiences, donor engagement, athletic department collaboration, etc.
Dana Pump – The Pump Group
- 25 years of the Harold & Carole Pump Foundation
- 2 Boys, 1 Ball, 1 Dream
- “People give to people” = It’s all about your relationships
- Take care of people’s children, and they will give you whatever you want
- “Support the people that support you”
- Touch people 3 times before you ask them for anything, especially $$
Panel #4 – How Can Collectives & Departments Coexist?
Matt King = President of Basketball Operations, Arizona
Doug Stewart = GM/Chief of Staff, BYU
Luke Bosso = Athletic Director, IU Indianapolis
Ed Kull = Athletic Director, St. Johns
Derrick Coles = NIL, NCAA
- Moderated by Glenn Sugiyama = DHR Global
There’s a shift in how we communicate with NIL
- Donors → Fans → Consumers
Hiring the position = Is it team specific or for the entire athletic dept? - Someone that can ask the right questions and get a “YES”
- Philanthropic model vs. Revenue-Generation model
o Philanthropic model is dying out in college sports
o They are no longer “struggling college kids”
Don’t restrict yourself and your knowledge
- Know everyone and everything so that nothing is a surprise
Tap into the donors by introducing them to your team
- Provide them basketball experiences
- “Fountain of Youth” – taking a 50 year old back to their 18-22 college days
Must understand P&L (Profit & Loss)
- Generating Revenue – Managing Expenses = Keeping Every Promise - Donors = Investors in your “startup”
Providing a fan experience is “Battling the Couch”
- Why should a fan get off their couch, into their car, and come to a game?
Jack McGinley – NBA Operations Analyst
- Undergraduate Advisory Committee
- Provides data and draft feedback for prospective NBA players from college
Seth Berger – Players Era
KJ Morton – Victory Logistics
- “Sometimes it takes simplicity to deal with complexity”
One on One with Ed Kull & Glen Sugiyama
- “Figure out who you want to be, then you can figure out how you want to get there.”
Panel #5 – Financial Sollutions & the House Ruling
Chris Grant = Commissioner, Southland Conference
Debbie Spander = CEO, Insight Sports Advisors
Mike Haddix = CEO, Scout
- Moderated by Alan Akina = TeamUP
House Update
- $20-$22 million in additional revenue per school
- $3 million in additional scholarship money
- Cutting sports/scholarships/staff/travel
“There is still a world of opportunity out there”
- Student Athlete → College Athlete
- University $ goes up, but the collective with stay alive
- Money flowing to WBB, Gymnastics, and VB
10 years ago, you would never get into a car with a stranger, now we have UBER - It’s a new normal
- 10 years ago was NCAA, now we are turning into a pro league
Panel #6 – Innovations in Women’s NIL
Courtney Clements = General Manager, West Coast Elite
Lauren Hoselton = VP of Marketing/Founder, The Grove Collective/Total NIL Aisha Foy = NIL Coach
Maddie Salamone = VP, College Football Players Association - Moderated by Patty Medina = American University
Prepare for NIL the same way you prepare to be a player
- Work on your skills, education, & getting reps in the NIL space
Developing the athlete outside of sports
- Monetizing DEIB
- Taking advantage of social media presence
- Find out what makes you marketable
Thomas Thomas – Basepath
- Managing payments and systems for NIL
Kevin Tarca – ROY
- NIL platform to pay players directly
Kevin Barefoot – Teamworks
Kevin Keranen – Athlete.ai
- Recruiting profiles/highlight tapes
Derrick Coles – NCAA NIL
- ACC = Agents, Collectives, & Contracts
- About 92% of D1 schools have a collective
- Some schools have multiple, more than 1 for every school in D1 - Morality clause in contracts → Students need to read these carefully! - We are doing BAD BUSINESS
Keynote Speaker
Adrian Wojnarowski = General Manager, St. Bonaventure’s “People don’t have brands, they have reputations”
“We are not creating an environment of entitlement…”
- “We are creating an environment of expectation”