{"id":51,"date":"2023-05-05T17:07:03","date_gmt":"2023-05-05T17:07:03","guid":{"rendered":"https:\/\/ascjcapstone.com\/spring-2023\/tmmills\/?page_id=51"},"modified":"2023-05-19T03:35:43","modified_gmt":"2023-05-19T03:35:43","slug":"the-branding-gap-how-women-athletes-fall-between-roster-value-and-marketability","status":"publish","type":"page","link":"https:\/\/ascjcapstone.com\/spring-2023\/tmmills\/","title":{"rendered":"How does the money flow two years in the NIL experiment?"},"content":{"rendered":"\n<p>By: Taylor Mills<\/p>\n\n\n\n<p>In June 2022 student-athletes from the University of Southern California were asked to participate in a \u201chype\u201d video for a new company called BLVD LLC. Produced by the media company Stay Doubted, this promotional material aimed to draw investors in to support Name, Image and Likeness (NIL) deals for student-athletes.<\/p>\n\n\n\n<p>Skylar Fields, a now graduate student outside hitter for the volleyball team, was one of the athletes staring in this content.<\/p>\n\n\n\n<p>\u201cIt was kind of weird because there was a collective set of athletes, and we all recorded that video back in the summer, and then it was like there was nothing else from BLVD,\u201d Fields said.<\/p>\n\n\n\n<p>In less than six months, the University would cut ties with this NIL entity, and many athletes were left without support to secure sponsorships or deals while the era for college athlete promotions began.<\/p>\n\n\n\n<p>Name, Image and Likeness\u2014 also known as the \u201cright to publicity\u201d\u2014 was legalized for student-athletes competing within the National Collegiate Athletics Association on June 21, 2021, when the Supreme Court unanimously ruled the NCAA cannot limit athletes\u2019 compensation.<\/p>\n\n\n\n<p>Since this ruling third party entities known as \u201ccollectives\u201d have popped up at universities around the country. Whether for-profit, not-for-profit, or non-profit in label, these organizations claim to pool donor or investor money to facilitate NIL deals for student-athletes. BLVD was the first collective officially recognized by USC, but according to Fields the connections didn\u2019t follow.<\/p>\n\n\n\n<p>\u201cAs athletes we&#8217;re like, this is USC like, we&#8217;re supposed to have all this stuff, have all these connections, and people to be able to do these things for us,\u201d Fields said. \u201cBut it&#8217;s just a slow process.\u201d<\/p>\n\n\n\n<p>Fields ultimately negotiated her own NIL deals. With <a href=\"https:\/\/www.instagram.com\/p\/CjqDJLQMy-d\/\">sponsored content<\/a> from Move Soles and a fitness equipment company called McDavid, she highlighted her engagement on social media in negotiations on top of her standing as a Division I athlete.<\/p>\n\n\n\n<p>Branding or marketability have been the key factors for women college athletes in securing NIL deals. Multiple national surveys studying NIL collectives show these entities are overwhelmingly investing in men\u2019s sports\u2014 particularly men\u2019s football and basketball.<\/p>\n\n\n\n<p>OpenDorse, an online NIL marketplace for athletes, released a 2022<a href=\"https:\/\/biz.opendorse.com\/wp-content\/uploads\/2023\/01\/NIL-and-Women-in-Sports.pdf\"> report<\/a> in January analyzing how NIL compensation is distributed to women athletes. Brands were found to make up 91.7% of the buyer segment for women athletes, and 34% of collectives have engaged in women\u2019s sports.<\/p>\n\n\n\n<p>This April, the college sports news outlet and NIL data aggregator On3<a href=\"https:\/\/www.on3.com\/nil\/news\/nil-collectives-female-athletes-title-ix-women-name-image-likeness-deals\/\"> surveyed<\/a> 23 collectives across the country and found women make up an average of 23% of NIL collectives\u2019 partners.<\/p>\n\n\n\n<p>The distinction between donor-backed and brand-endorsed NIL money boils down to work required. Athletes must consider marketing materials and presentation when working with a sponsor, while donor partnerships may not carry explicit content-creation or storytelling tasks.<\/p>\n\n\n\n<p>\u201cIt&#8217;s disappointing to see the lack of investment from collectives in women athletes when we see just how successful they can become not only from their follower count, but the money that they&#8217;re bringing in\u201d said Shannon Scovel, a Journalism PhD candidate at the University of Maryland.<\/p>\n\n\n\n<p>Scovel researches how women athletes are represented in the media for their business deals and social media presence. Media outlets\u2019 NIL value estimates based on athletes\u2019 roster position versus brand visibility can affect how brands see investment potential.<\/p>\n\n\n\n<p>On3\u2019s NIL valuation tracker for USC exemplifies this trend.<\/p>\n\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/13788438\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><\/div>\n\n\n\n<p>*<a href=\"https:\/\/www.on3.com\/nil\/deals\/\" data-type=\"URL\" data-id=\"https:\/\/www.on3.com\/nil\/deals\/\">Sourced <\/a>from On3 NIL Tracker<\/p>\n\n\n\n<p>Note the gender disparity.<\/p>\n\n\n\n<p>According to Andy Wittry, a NIL and sports business reporter for On3, the valuation is an algorithmically-calculated number factoring in athletes\u2019 sport, social media engagement and university branding. Some high-ranking football athletes on the outlet\u2019s NIL valuation chart don\u2019t even have public social media presences, but football\u2019s popularity in the donor marketplace makes up for it.<\/p>\n\n\n\n<p>\u201cFor a lot of male athletes their value and their financial opportunities, it&#8217;s just tied to their athletic prowess,\u201d Wittry said. \u201cBecause you&#8217;re good at football or because you&#8217;re good at men&#8217;s basketball or baseball or whatever sport, that that gives you value. Where a lot of the traditional brand deals [are], it&#8217;s for your role as a brand ambassador or as a spokesperson. That&#8217;s more tied to the person, and how marketable are you and what is your social media following. That&#8217;s where a lot of women have to do more work.\u201d<\/p>\n\n\n\n<div class=\"flourish-embed flourish-chart\" data-src=\"visualisation\/13816102\"><script src=\"https:\/\/public.flourish.studio\/resources\/embed.js\"><\/script><\/div>\n\n\n\n<p>*<a href=\"https:\/\/www.on3.com\/nil\/deals\/\" data-type=\"URL\" data-id=\"https:\/\/www.on3.com\/nil\/deals\/\">Sourced <\/a>from On3 NIL Tracker<\/p>\n\n\n\n<p>Balancing practices, workouts and a full class schedule, some student-athletes cannot afford to seek out deals themselves or record content. For lesser-known sports such as water polo or lacrosse, negotiating for notoriety can fall heavily on a student-athlete without the support of a collective or business consultant.<\/p>\n\n\n\n<p>\u201cIt was hard to reach out to companies as a kind of ask like, \u2018Oh, can you sponsor me? And I&#8217;ll post and you send me free stuff?\u2019\u201d Grace Tehaney, a senior driver on the USC water polo team said. \u201cThat&#8217;s very awkward. And for other athletes, they get more opportunities, especially male athletes.\u201d<\/p>\n\n\n\n<p>Tehaney did not know about BLVD, or other collective options since made available to student athletes.<\/p>\n\n\n\n<p>Just this spring, three new collectives were announced aiming to partner with USC athletes. One, named The Tommy Group, was founded by ex-pro footballer Keshawn Johnson and five other high-powered USC alumni. According to the group\u2019s founding <a href=\"https:\/\/www.thetommygrp.com\/press-news-and-blog\/introducing-the-tommy-group\">announcement<\/a>, these entrepreneurs and investors came together over \u201ca profound appreciation for the USC football community.\u201d The group launched with an event at the supper club Delilah\u2014 a property of one of the investors, John Terzian.<\/p>\n\n\n\n<p>Junior quarterback and Heisman winner Caleb Williams alongside football head coach Lincoln Riley and several other teammates <a href=\"https:\/\/www.nildealnow.com\/tommy-group-launch-party-usc-football-team\/\">attended<\/a> the event. According to the same founding press release, The Tommy Group now works with Williams and the football roster.<\/p>\n\n\n\n<p>USC Football, despite losing the Pac-12 Championship and the Goodyear Cotton Bowl, remains the top-earning NIL team on campus. Tehaney\u2019s water polo team competed in the 2022 National Championship and won the 2021 NCAA title.<\/p>\n\n\n\n<p>\u201cEven though we are ranked number one, we have won multiple national championships, we don&#8217;t get any of the hype of all the other sports that are below,\u201d Tehaney said. \u201cI don&#8217;t think that saying, \u2018Oh, yeah, I&#8217;m part of the U.S. Women&#8217;s water polo team or ranked number one in the nation\u2026\u2019 I don&#8217;t think people respect it as much.\u201d<\/p>\n\n\n\n<p>Women\u2019s college athletics is seeing a period of high growth. The 2023 Women\u2019s March Madness final game <a href=\"https:\/\/www.nytimes.com\/2023\/04\/03\/sports\/ncaabasketball\/lsu-iowa-womens-tournament-ratings-record.html\">averaged<\/a> 9.92 million viewers\u2014 a new ratings record. Louisiana State University women\u2019s basketball <a href=\"https:\/\/www.greenvilleonline.com\/story\/sports\/college\/usc\/2023\/01\/25\/south-carolina-lsu-womens-basketball-sellout-colonial-life-arena-columbia\/69840785007\/\">games<\/a> and gymnastics <a href=\"https:\/\/www.5newsonline.com\/article\/sports\/ncaa\/university-of-arkansas\/gymbacks-upset-7-lsu-in-front-of-sold-out-crownd-arkansas-sports\/527-e6289495-906f-4bad-afab-1c2bac2d1d0c#:~:text=FAYETTEVILLE%2C%20Ark.,program%20record%20at%20Barnhill%20Arena.\">meets<\/a> are selling out\u2014 due in part to the popularity of athletes like basketball forward Angel Reese and gymnast Olivia Dunne.<\/p>\n\n\n\n<p>According to Scovel, the NIL market gap between men and women athletes reflects a broader underestimate of women\u2019s sports. <\/p>\n\n\n\n<p>\u201cWe&#8217;ve seen that investment can inspire audience interest,\u201d Scovel said. \u201cThey could tap into this sort of untapped market and be proactive in the space. We know that there are models of this working, So now I think it&#8217;s just a matter of getting that message out there that investing in women is a is a profitable business decision.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"NIL and Title IX \u2014 How university promotion of collectives can blur regulatory lines\" width=\"525\" height=\"295\" src=\"https:\/\/www.youtube.com\/embed\/JPt-ie206Mc?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>By: Taylor Mills In June 2022 student-athletes from the University of Southern California were asked to participate in a \u201chype\u201d video for a new company called BLVD LLC. Produced by the media company Stay Doubted, this promotional material aimed to draw investors in to support Name, Image and Likeness (NIL) deals for student-athletes. Skylar Fields, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/ascjcapstone.com\/spring-2023\/tmmills\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;How does the money flow two years in the NIL experiment?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-51","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/ascjcapstone.com\/spring-2023\/tmmills\/index.php\/wp-json\/wp\/v2\/pages\/51","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ascjcapstone.com\/spring-2023\/tmmills\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ascjcapstone.com\/spring-2023\/tmmills\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ascjcapstone.com\/spring-2023\/tmmills\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ascjcapstone.com\/spring-2023\/tmmills\/index.php\/wp-json\/wp\/v2\/comments?post=51"}],"version-history":[{"count":14,"href":"https:\/\/ascjcapstone.com\/spring-2023\/tmmills\/index.php\/wp-json\/wp\/v2\/pages\/51\/revisions"}],"predecessor-version":[{"id":92,"href":"https:\/\/ascjcapstone.com\/spring-2023\/tmmills\/index.php\/wp-json\/wp\/v2\/pages\/51\/revisions\/92"}],"wp:attachment":[{"href":"https:\/\/ascjcapstone.com\/spring-2023\/tmmills\/index.php\/wp-json\/wp\/v2\/media?parent=51"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}