Steward Strategies Steward Strategies

Understanding NIL: A Guide for Arizona Parents of College-Bound Athletes

It all begins with an idea.

Navigating the world of college athletics can be daunting, especially with the introduction of NIL (Name, Image, and Likeness) rights. As new parents preparing to send your child off to college on an athletic scholarship, it’s crucial to understand what NIL is and how it can impact your child's collegiate experience. NIL refers to the rights of athletes to monetize their personal brand by leveraging their name, image, and likeness. This means that college athletes can now receive compensation for endorsements, social media posts, personal appearances, and other promotional activities without jeopardizing their athletic eligibility.

The implementation of NIL rights has revolutionized the landscape of college sports, providing athletes with opportunities to earn income and build their personal brand while pursuing their education. For instance, a student-athlete might sign deals with local businesses, promote products on their social media platforms, or even launch their own merchandise lines. These opportunities not only provide financial benefits but also help athletes develop entrepreneurial skills and business acumen. However, with these opportunities come responsibilities. Athletes must navigate contracts, manage their finances, and comply with NCAA regulations and school policies regarding NIL activities.

As parents, it’s essential to support your child by helping them understand the implications of NIL and ensuring they have the resources to make informed decisions. Encourage your child to seek guidance from their college’s compliance office, which can provide valuable insights and help them stay within the rules. Additionally, consider consulting with professionals such as financial advisors and legal experts to assist your child in managing their NIL activities responsibly. By staying informed and proactive, you can help your child maximize the benefits of NIL while maintaining their focus on academic and athletic success.Don’t worry about sounding professional. Sound like you. There are over 1.5 billion websites out there, but your story is what’s going to separate this one from the rest. If you read the words back and don’t hear your own voice in your head, that’s a good sign you still have more work to do.

Be clear, be confident and don’t overthink it. The beauty of your story is that it’s going to continue to evolve and your site can evolve with it. Your goal should be to make it feel right for right now. Later will take care of itself. It always does.

Read More
Steward Strategies Steward Strategies

First Steps for Arizona Parents When Your AZ High School Athlete is Being Recruited

Your Arizona High School Studentis being recruited. Now What? Learn the first steps to take when your AZ Athlete starts getting engagement from colleges.

When your high school athlete starts getting attention from college recruiters, it's an exciting time filled with opportunities and decisions. As a parent, knowing the first steps to take can help you support your child through this thrilling yet complex process.

1. Educate Yourself and Your Athlete: The first step is to educate yourself and your athlete about the recruitment process. Learn about NCAA rules and regulations, different division levels (D1, D2, D3), and the timelines for recruitment activities. Understanding these basics will help you navigate the process more confidently. Attend workshops, talk to your child’s high school coaches, and read up on college recruiting. It's essential to know what to expect and what your athlete needs to do to remain eligible and attractive to college programs.

2. Foster Communication: Encourage open and regular communication between your athlete and the college coaches. Help your child respond promptly to emails, phone calls, and social media messages from recruiters. Good communication demonstrates interest and professionalism. Additionally, keep an organized record of all communications and visits. This will help track which schools are interested and where your child might want to visit or consider seriously.

3. Assess Academic Standing: Ensure your athlete’s academic records are in order. College coaches look for well-rounded students who can handle the academic rigors of college life alongside their athletic commitments. Verify that your child meets the NCAA eligibility requirements, which include maintaining a certain GPA and completing required core courses. Encourage your child to stay focused on their studies and consider taking standardized tests like the SAT or ACT early. Good academic performance can broaden their opportunities and scholarship options.

By taking these steps, you'll provide a solid foundation for your child as they navigate the exciting journey of college recruitment. Your support and involvement can make a significant difference in helping them achieve their academic and athletic dreams.

Read More
Steward Strategies Steward Strategies

What is NIL? A Guide for Arizona Parents

If you’re a parent of a high school or college athlete in Arizona, you’ve probably heard the buzz about NIL. But what exactly does NIL mean, and how could it affect your child? This guide for Arizona Parents will break it down in simple terms so you can understand how NIL might play a role in your Arizona athlete's future.

What Does NIL Stand For?

NIL stands for Name, Image, and Likeness. These are the three elements that make up an individual’s personal brand. In the world of sports, NIL rights allow athletes to earn money by monetizing their identity through endorsements, sponsorships, and other business opportunities.

For decades, college athletes were prohibited from earning money from their NIL, but that changed in 2021 when the NCAA allowed athletes to profit from their NIL while maintaining their eligibility to play.

How Does NIL Work?

NIL gives athletes the freedom to partner with businesses, sell merchandise, or create sponsored content on social media platforms. Here are some common examples:

  1. Social Media Sponsorships: Athletes promote products or services on Instagram, TikTok, or other platforms in exchange for payment.

  2. Autograph Signings: Fans pay for signed memorabilia, such as jerseys, photos, or sports equipment.

  3. Appearances: Athletes are paid to attend events, such as store openings, sports camps, or charity fundraisers.

  4. Brand Partnerships: Companies collaborate with athletes for marketing campaigns or commercials.

NIL in Arizona: What Parents Should Know

Arizona high school and college athletes can take advantage of NIL opportunities, but there are some important things to keep in mind:

  1. Eligibility Rules: While NIL is widely accepted at the collegiate level, high school athletes in Arizona should check with their school district or the Arizona Interscholastic Association (AIA) to ensure NIL deals don’t jeopardize their eligibility.

  2. Contracts: Any agreement your athlete enters should be reviewed carefully to ensure it's fair and legally sound. Some deals might require the involvement of a lawyer or agent.

  3. Taxes: Income earned through NIL is taxable, so it’s crucial to track earnings and set aside money for taxes.

  4. Brand Management: NIL success often depends on an athlete’s public image. Encourage your child to maintain a clean online presence and stay mindful of their reputation.

How Can Parents Support Their Athlete?

As a parent, your role is critical in guiding your athlete through the NIL process. Here are a few tips to help:

  • Educate Yourself: Stay informed about NIL regulations and opportunities.

  • Teach Financial Literacy: Help your child understand how to budget, save, and invest their NIL earnings responsibly.

  • Seek Professional Advice: Consider consulting with agents, lawyers, or financial advisors who specialize in NIL deals.

  • Encourage Focus: Remind your athlete to prioritize academics and sports performance while exploring NIL opportunities.

NIL: A New Era for Athletes

NIL opens up exciting opportunities for athletes to build their personal brand and earn income while pursuing their passion. For parents, it’s essential to approach NIL with a balance of enthusiasm and caution. With the right guidance, your athlete can take full advantage of NIL while staying grounded and focused on their future.

If you have specific questions about NIL opportunities in Arizona, reach out to local organizations, schools, or legal professionals who specialize in athlete support.

Read More
Steward Strategies Steward Strategies

How to get the first NIL Deal.

Name, Image, and Likeness (NIL) opportunities have created an exciting new frontier for athletes at the high school and college levels. Landing your first NIL deal might seem overwhelming, but with the right approach, you can secure a partnership that aligns with your personal brand. Here’s how to get started.

1. Understand Your Brand

Your personal brand is the foundation of any NIL deal. Ask yourself:

  • What makes me unique?
    Do you have a specific skill, personality trait, or passion that stands out?

  • Who is my audience?
    Are your followers mostly athletes, students, or fans of a specific sport?

  • What values do I represent?
    Companies want to work with athletes who align with their mission and values.

Tip: Take inventory of your social media presence. Ensure your profiles are professional, engaging, and showcase your personality.

2. Grow Your Online Presence

Brands are more likely to partner with athletes who have a strong online following. Here’s how to grow your influence:

  • Post Regularly: Share content that reflects your life as an athlete, such as training sessions, game highlights, and personal milestones.

  • Engage with Followers: Respond to comments, answer questions, and create polls or Q&A sessions to interact with your audience.

  • Collaborate: Work with other athletes, creators, or influencers to expand your reach.

Pro Tip: Focus on quality over quantity. A smaller, highly engaged audience can be just as valuable as a large following.

3. Research Potential Partners

Look for companies or brands that align with your sport, interests, or personal values. Start with:

  • Local Businesses: Restaurants, gyms, or apparel stores in your community often want to support local athletes.

  • Sports-Related Brands: Companies that sell gear, supplements, or training equipment.

  • Niche Markets: If you’re passionate about something specific, such as sustainability or mental health, look for brands in those areas.

Tip: Follow and engage with these brands on social media to get on their radar.

4. Create a Pitch

Once you’ve identified potential partners, reach out with a professional pitch. Here’s what to include:

  • Introduction: Who you are, what sport you play, and where you’re located.

  • Why You’re a Good Fit: Highlight your unique qualities and how your audience aligns with their target market.

  • Ideas for Collaboration: Suggest specific ways you could work together, such as promoting their products on social media or attending events.

  • Contact Information: Make it easy for them to respond and connect with you.

Example Pitch:

"Hi [Brand Name], my name is [Your Name], and I’m a [sport] athlete at [school/team]. I’m a big fan of your [specific product or service] and would love the opportunity to collaborate. My audience of [X followers] aligns closely with your brand, and I’d be excited to promote your products through social media posts or local events. Let me know if you’d be interested in working together!"

5. Leverage Your Network

Don’t underestimate the power of connections. Reach out to:

  • Coaches: They often have relationships with local businesses or alumni who may want to sponsor athletes.

  • Teammates: Collaborate with teammates who have NIL deals to learn from their experience or explore group opportunities.

  • Family and Friends: Ask for introductions to business owners or professionals who might be interested in partnerships.

6. Stay Professional

Approach NIL deals with the mindset of a business professional. This includes:

  • Being Reliable: Meet deadlines, follow through on commitments, and deliver quality work.

  • Communicating Clearly: Respond to messages promptly and professionally.

  • Understanding Contracts: Review agreements carefully, and don’t hesitate to consult a lawyer or trusted advisor.

7. Start Small

Your first NIL deal doesn’t have to be with a major brand. Small partnerships with local businesses can help you gain experience, build credibility, and open the door to larger opportunities in the future.

Final Thoughts

Getting your first NIL deal is all about taking initiative, building your brand, and finding opportunities that align with your goals. By starting small, staying authentic, and treating NIL like a business, you’ll set yourself up for long-term success.

Remember, the most important part of any NIL deal is staying true to who you are as an athlete and individual. That’s what will make brands want to partner with you.

Read More