SEC Student-Athletes to Receive Payments Through myNILpay Every Time Head Coaches Say “NIL”
FOR IMMEDIATE RELEASE
SEC Student-Athletes to Receive Payments Through myNILpay Every Time Head Coaches Say “NIL” During Football Media Days
Revolutionary new platform makes NIL the phrase that pays during SEC Football Media Days press conferences by compliantly sending money directly to student-athletes through NIL rights
DALLAS (July 17, 2023) – “NIL” is the phrase that pays during the 2023 SEC Football Media Days. myNILpay, the first-ever digital platform that allows fans to pay NCAA student-athletes directly and compliantly, announced today that it will send money to student-athletes at SEC schools every time the respective school’s head coach says “NIL” during their press conferences at SEC Football Media Days, July 17-20 in Nashville. Utilizing this ground-breaking platform, student-athletes will be randomly selected for payment across each school’s roster of men’s and women’s sports utilizing their Name, Image and Likeness rights.
myNILpay is a patent-pending platform that allows college sports fans to directly pay student-athletes through a seamless, NCAA-compliant method leveraging their NIL rights. It is the only centralized NIL platform that empowers athletes and fans. Athletes receive 90% of the transaction, the highest known pass-through on consumer NIL deals.
“myNILpay was created to serve student-athletes and help them maximize their NIL earning potential,” said Brent Chapman, CEO of myNILpay. “NIL should be a hot topic at SEC Football Media Days, so we’re excited to see how many different athletes will receive direct funds from our platform. We’re proud to put the power of NIL in the hands of all NCAA athletes and broaden opportunities for them to get paid.”
To support student-athletes through myNILpay, fans can download the platform’s app on their mobile devices. Every NCAA-registered athlete is in the database and can be supported by simply entering the amount of money to send. An email is sent directly to the student-athlete’s school email to accept the funds, which are deposited directly into their linked bank account. Upon receipt, the fan will receive a unique digital asset featuring the athlete’s name and digital signature to complete the transaction in compliance with the NCAA quid pro quo requirement. No additional action is needed for the student-athlete.
Since launching in May, myNILpay has assisted student-athletes across all NCAA divisions to monetize their NIL rights directly through the support of college sports fans and school alumni. To begin supporting student-athletes, download the myNILpay app from the Apple App Store, Google Play Store or visit www.mynilpay.com.
myNILpay is the first-ever digital platform that allows fans to pay NCAA student-athletes directly and compliantly. The disruptive payment platform for college athletes allows any fan a NCAA-compliant method to seamlessly fund any of the 500,000+ NCAA student-athletes from over 1,000 schools across all levels (D-I, D-II and D-III), sports and genders through their Name, Image and Likeness (NIL) rights. Download the app to directly support student-athletes by visiting www.myNILpay.org.
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