• Loading stock data...
Friday, July 26, 2024
Join us this September for Tuned In Request to Attend

Why Pro Teams Are Investing in NIL

  • Pro baseball and hockey teams have found value in endorsement deals with local college athletes.
  • But they can't sign deals with athletes who play their own sports.
Photo: Rachel Baumann/Design: Alex Brooks

On Aug. 28, University of Georgia gymnast Rachel Baumann went to an Atlanta Braves game. She posted a carousel of photos on Instagram in a Braves T-shirt and did a Q&A on her story. 

But Baumann wasn’t just a regular fan enjoying a game. She’s one of the first college athletes to sign an NIL deal with a professional sports team. As a part of the “Braves Athlete” program, Baumann got paid to show her 9,000-plus followers what the game-day experience was like.

Pro baseball and hockey teams have found value in endorsement deals with local college athletes — both from women’s and men’s teams.

“It’s still so new, and we’re really learning,” Braves Senior Director of Marketing and Innovation, Greg Mize, told FOS. But “we’re having a blast doing it.”

At the Ballpark or the Rink

Miami quarterback D’Eriq King was the first college athlete to sign an NIL deal with a pro team, the Florida Panthers, in early August. 

Last week, the team announced they’re also giving every single one of the over 200 Florida Atlantic University women’s sports athletes an opportunity to apply for their “FLA Athlete” NIL program. The Panthers’ FAU deals will be facilitated through NIL marketplace Dreamfield.

Athletes will create social media posts from games and wear team-issued apparel. King in particular is collaborating on a merchandise design, art, and a concession item.

King gets “a base amount” and “royalties and commissions” on top of that, as well as a potential bonus for “overall performance and collaboration,” Panthers Chief Strategy Officer Sam Doerr told FOS. A Panthers spokesperson said the FAU athletes will each get the same amount in the form of a stipend and T-shirts. 

The Braves chose Baumann and Georgia Tech quarterback Jordan Yates through Instagram. For promoting the in-game experience the athletes will receive T-shirts, and 10% of each ticket purchased through unique links the team issued them, Mize said.

An Enticing Opportunity

Teams believe college athletes — especially if they’re local — can help expand their fan bases and convince more college-aged people to attend games.

The Braves chose Yates and Baumann not just because of the schools they attend, but also because of their high engagement rates on social media. 

“So many people come to the games for so many different reasons,” Mize said. “And one of those reasons is the social aspect of it. We see a lot of college-aged kids, young professionals … they’re not sitting down all nine innings and locked on every single pitch. They’re socializing.”

The Panthers chose King because of his previous NIL experience and his story. But they’re also hoping King will help the Panthers tap into a football-crazed area.

“For a hockey team in a non-traditional market, and I would say a market where football sort of dominates … we thought it was a chance to break into a different demographic and market,” Doerr said.

A Bright Future

When the season is over, teams will evaluate their programs’ success. The Braves aren’t focused on ticket sales, per se. Ultimately, it’s “how these athletes are connecting the Braves to their followers,” Mize said.

While the Panthers will look at social stats, attendance, and merchandise sales, they’re also going to evaluate using their “gut feel,” Doerr said.

He already considers the FLA Athlete program a success because it put the team in the spotlight. It’s been awhile since the Panthers were a top story, he said. “We were on the front page. We were trending on Twitter. We had over a million just organic impressions on Twitter alone the day we announced.”

Regardless of how things shake out, Mize and Doerr believe the trend will only grow in the coming months. Doerr said between 10-15 teams from various sports, as well as two league offices, have asked for his advice on NIL programs of their own.

A Grey Area?

You may be wondering why the Panthers and Braves aren’t signing athletes who play hockey and baseball.

MLB told teams not to sign baseball players, Mize said. And in the Panthers’ case, “It’s an understanding we’re kind of operating off of,” Doerr said. 

Why? “It could lead to issues regarding athletes only wanting to play for certain pro teams and telling other teams not to draft them,” Kennyhertz Perry sports attorney Mit Winter told FOS. 

But between state laws, school policies, and the NCAA’s vague rules, Winter isn’t aware of any specific rule prohibiting teams from signing deals with athletes in their sports.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Landmark Settlement Proposal Filed in House v. NCAA Case

The NCAA is one step closer to allowing schools to pay their players.
Teahupo'o Tahiti Surfing

Olympic Surfing Crashes on Tahiti Like a Wave

For Teahupo‘o’s locals, the Olympics are a mixed blessing.
Green Bay Packers quarterback Brett Favre calls an audible during the second quarter of their game against the San Francisco 49ers Sunday, December 10, 2006 at Monster Park in San Francisco, Calif.. Packers11 4 Packer Plus Hoffman

‘Down to the Wire’: The Window to Charge Brett Favre Is Closing

Prosecutors could have less than three months to charge the quarterback.

Texas Tech Poaches Softball Star With $1 Million NIL Deal

It’s more money than most college football players get.
podcast thumbnail mobile
Front Office Sports Today

Olympics Open: What Athletes Can Do With 15 Minutes of Fame

0:00

Featured Today

The Perfect Storm Propelling ‘EA Sports College Football’ to Early Success

Growing fandom and a long wait have already reaped dividends for EA.
July 22, 2024

The FTC Noncompete Ruling Could Change MMA As We Know It

Fighters could see their options—and earnings—grow.
July 21, 2024

O No Canada: The Next Big Sports Betting Scandal Could Erupt North of the Border

‘It’s open-season for match-fixing up there.’
July 20, 2024

The Road to the Return of ‘EA Sports College Football’

This summer, the biggest development in college sports is virtual.

Big Ten Commissioner: Why Staying Put With 18 Members Is Plenty—for Now

Big Ten commissioner Tony Petitti is focused on properly integrating the new schools into the conference.
Jul 15, 2024; Dallas, TX, USA; LSU head coach Brian Kelly speaking at Omni Dallas Hotel.
July 18, 2024

SEC Football Coaches Say Their Rosters Will Cost $15 Million. But Will They Get It?

It remains unclear how the House settlement will be disrtibuted.
July 22, 2024

ACC Commissioner: FSU, Clemson Lawsuits ‘Incredibly Harmful’

Jim Phillips laid into FSU and Clemson during football media days.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
July 18, 2024

College Football Playoff’s Next Era: Why Further Expansion Is on Hold

Twelve teams will make the playoff this season.
July 10, 2024

Pac-12 Media Days Evolve Into a Cocktail Party at the Bellagio

The two-team ‘zombie conference’ is still hosting a football media day.
July 9, 2024

Big 12’s New Era Kicks Off: Expansion, Private Equity, and Global Ambitions

The new 16-team conference is holding media days in Las Vegas.
July 9, 2024

Arch Manning Will Be in EA’s ‘College Football 25’ After All

The NCAA’s most famous backup had previously opted out.