- Aug 28, 2014
- 16,541
- 26,097
So Napier seems to be really pushing the Gator Collective for NIL. That's a good thing. And for their part the Gator Collective thinks they are way ahead of what is being done at other places. That leaves a lot of questions though. What % of donations go to the athletes for example.
Learn About The Gator Collective | Florida Athlete NIL
What percentage of pledges go to the athletes?
Between 85-90%. Our overhead costs are very low since much of the work is being done pro bono. The GatorCollective has one hourly employee to assist with administrative and bookkeeping matters. We have retained legal counsel to ensure compliance withNIL law, and we have other expenses related to IT, marketing materials, content creation (photography and videography), and fan engagement experiences. The goal has always been, and will continue to be, to get the most lucrative NIL deals to the athletes. Our Advisory Board was created to reassure the fans that this is happening.
Are all contracts the same? Is the money divided up equally?
No. The contracts vary based on the specific athlete and the requirements of the athlete under the contract. For example, an athlete who appears in person at a fan engagement event would earn more compensation than an athlete who posts on social media. Additionally, higher profile athletes may receive more compensation than lesser-known athletes. Each deal is individually negotiated and agreed upon by the athletes and The Gator Collective.
Are the contracts exclusive with The Gator Collective?
No. The contracts are intentionally not exclusive. We want the athletes to have the opportunity to do the most they can in this new NIL world. In fact, we promote their deals with other groups and businesses on our social media.
What happens if an athlete transfers or otherwise leaves the program?
The agreements are limited in time and scope to provide protection for member funds in the situation where an athlete may transfer or no longer participates in the athletic program. The agreements can’t be canceled, but we specifically structure the agreements to minimize these risks.
Is The Gator Collective affiliated with the University of Florida?
While The Gator Collective exists exclusively for the benefit of Gator athletes and fans, it is not affiliated with the University of Florida. It is a third party created to work with Gator athletes.
Are you able to sign recruits to NIL deals?
No.NIL law prohibits compensation paid to athletes to encourage attendance at a particular institution. The Gator Collective welcomes the opportunity to work with the athletes once they are enrolled.
What’s the best way to keep up with The Gator Collective?
While we send out periodic emails to our members, our Twitter and Instagram pages are the best way to obtain the most current information about our athletes and our operations.
Am I able to make a one-time contribution?
Absolutely. We accept contributions from both individuals and businesses. Please contact us at [email protected].
Are there different levels of access based on the amount my pledge?
No. Every fan's situation is different. If we all do what we can, the collective impact can be huge. Do what works for you, and you still get full access.
I’d like to obtain autographed memorabilia or personalized content. Can you help with that?
Yes. We can work with you to arrange specific NIL deals with the athletes.
I’d like to create an NIL deal for a player to represent my business. Can you do that?
Yes. We have the framework set up to facilitate these types of opportunities for businesses. We can help with the creative media and all agreements have been reviewed by legal counsel to ensure compliance with NIL laws.
How can I get more involved?
If you would like to help promote the mission of The Gator Collective or donate services to our organization, please contact us at [email protected]. This is a team effort, and we appreciate any help we can get!
Learn About The Gator Collective | Florida Athlete NIL
What percentage of pledges go to the athletes?
Between 85-90%. Our overhead costs are very low since much of the work is being done pro bono. The GatorCollective has one hourly employee to assist with administrative and bookkeeping matters. We have retained legal counsel to ensure compliance withNIL law, and we have other expenses related to IT, marketing materials, content creation (photography and videography), and fan engagement experiences. The goal has always been, and will continue to be, to get the most lucrative NIL deals to the athletes. Our Advisory Board was created to reassure the fans that this is happening.
Are all contracts the same? Is the money divided up equally?
No. The contracts vary based on the specific athlete and the requirements of the athlete under the contract. For example, an athlete who appears in person at a fan engagement event would earn more compensation than an athlete who posts on social media. Additionally, higher profile athletes may receive more compensation than lesser-known athletes. Each deal is individually negotiated and agreed upon by the athletes and The Gator Collective.
Are the contracts exclusive with The Gator Collective?
No. The contracts are intentionally not exclusive. We want the athletes to have the opportunity to do the most they can in this new NIL world. In fact, we promote their deals with other groups and businesses on our social media.
What happens if an athlete transfers or otherwise leaves the program?
The agreements are limited in time and scope to provide protection for member funds in the situation where an athlete may transfer or no longer participates in the athletic program. The agreements can’t be canceled, but we specifically structure the agreements to minimize these risks.
Is The Gator Collective affiliated with the University of Florida?
While The Gator Collective exists exclusively for the benefit of Gator athletes and fans, it is not affiliated with the University of Florida. It is a third party created to work with Gator athletes.
Are you able to sign recruits to NIL deals?
No.NIL law prohibits compensation paid to athletes to encourage attendance at a particular institution. The Gator Collective welcomes the opportunity to work with the athletes once they are enrolled.
What’s the best way to keep up with The Gator Collective?
While we send out periodic emails to our members, our Twitter and Instagram pages are the best way to obtain the most current information about our athletes and our operations.
Am I able to make a one-time contribution?
Absolutely. We accept contributions from both individuals and businesses. Please contact us at [email protected].
Are there different levels of access based on the amount my pledge?
No. Every fan's situation is different. If we all do what we can, the collective impact can be huge. Do what works for you, and you still get full access.
I’d like to obtain autographed memorabilia or personalized content. Can you help with that?
Yes. We can work with you to arrange specific NIL deals with the athletes.
I’d like to create an NIL deal for a player to represent my business. Can you do that?
Yes. We have the framework set up to facilitate these types of opportunities for businesses. We can help with the creative media and all agreements have been reviewed by legal counsel to ensure compliance with NIL laws.
How can I get more involved?
If you would like to help promote the mission of The Gator Collective or donate services to our organization, please contact us at [email protected]. This is a team effort, and we appreciate any help we can get!
