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Post “It’s crazy to think we could make a living out of this.”

Friday June 4, 2021

When most of us over a certain age think about NLI endorsements, we think of the star quarterback doing ads for the local car dealership. Those types of deals will surely come, but Blutarsky highlights a vector for income that might be more appealing (and effective) for college athletes: social media.

Just as social media has disintermediated so many other industries, individuals on social media can build and monetize a large number of followers on their own. Simply allowing student-athletes to share in the opportunities realized by others in their peer group will be a major benefit of NLI policies and laws. Sponsorships and endorsements are part of that, but some have even built their own personal brands. For many, the opportunity to cash in on that brand might be during college. To take an extremely local and specific example, think about Rodrigo Blankenship being able to cash in on the “respect the specs” brand during his time in Athens.

The social media vector could be especially important for female student-athletes. Gender inequity has been a concern raised (whether in good faith or not) about NLI income, but often that’s viewing it through the lens of the QB/car dealership endorsement. Several female student-athletes have large social media followings, and those followings are often independent of the success or revenue potential of the woman’s sport.

David Hale wrote a piece earlier this spring illustrating how this might work.

A new study from Temple University’s School of Sport, Tourism and Hospitality Management found the potential for NIL revenue, on average, was actually greater for female college athletes than men, and athletes outside the revenue sports of football and men’s basketball could still cultivate valuable brands.

He features twin sisters on the Fresno State women’s basketball team. Their team went 17-11 last season and makes about $2 million in revenue. But the twins have over 2 million followers on TikTok, and they alone “could have a potential combined income of more than a half-million dollars annually.” Hale also mentions Olivia Dunne, “a freshman gymnast at LSU, whose nearly 5 million combined followers on Instagram, Twitter and TikTok make her one of the most potentially valuable brands in college sports.”

Every student-athlete won’t have millions of social media followers just as every member of the football team won’t get the car dealership deal. NLI is a wide-open market, and schools are quick to shy away from proposals to pool NLI income. You get what you can get, and some will be left out or limited to smaller “in kind” deal. It’s still better than what’s allowed now, and services are already popping up to help student-athletes establish and cultivate their personal brands. Access to the opportunities is what NLI is about and what has been denied student-athletes under the current system.



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