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Arkansas billionaires have created an NIL fund
Posted on 1/26/22 at 9:17 am
Posted on 1/26/22 at 9:17 am
JD Notae is the first to sign with the new Hunt-Family NIL Organization AAC
JB Hunt is a Fortune 500 company with revenues of 12.7 billion in 2020.
More news coming out around 11am CST. Expecting big news today, possibly Walmart and Tyson Foods joining the NIL game as well.
"AAC - Athlete Advocate Consortium. Founded by the Hunt kids and funded through them and other boosters around the state from what I was told.
They’ve been raising money for a while, and announced today. Essentially it’s an NIL organization that will financially benefit players while the players have community driven efforts rather than just advertisements or endorsement deals.
Not sure how much money exactly is available, but that’s what was the big deal from what I was told. Should see a lot of athletes making a lot of money from this. And it’s also cool that it’s community driven."
More about the AAC
"“NIL policy has given college athletes the option to enter the business world, but with great power comes great responsibility,” Bryan Hunt said in a statement. “AAC connects these college athletes with a local nonprofit, not only to give back to a cause they care about but to also bring awareness to all of the good these organizations are doing to help our communities.”
Financial details of Notae’s contract with AAC were not disclosed. An AAC spokesman was not immediately available to answer additional questions.
Notae has chosen to work with Samaritan Community Center, a Northwest Arkansas nonprofit providing food and other resources to families living in need.
“Growing up in a family that struggled to put dinner on the table from time to time, this issue is close to my heart,” Notae said. “I’ve always felt like if I was ever in the position to help another family who needs a little help making sure their kids get good meals I would. AAC has given me the opportunity to put the spotlight on Samaritan Community Center so all the members of our community can see the good work they do and learn about ways they can help.”"
JB Hunt is a Fortune 500 company with revenues of 12.7 billion in 2020.
More news coming out around 11am CST. Expecting big news today, possibly Walmart and Tyson Foods joining the NIL game as well.
"AAC - Athlete Advocate Consortium. Founded by the Hunt kids and funded through them and other boosters around the state from what I was told.
They’ve been raising money for a while, and announced today. Essentially it’s an NIL organization that will financially benefit players while the players have community driven efforts rather than just advertisements or endorsement deals.
Not sure how much money exactly is available, but that’s what was the big deal from what I was told. Should see a lot of athletes making a lot of money from this. And it’s also cool that it’s community driven."
More about the AAC
"“NIL policy has given college athletes the option to enter the business world, but with great power comes great responsibility,” Bryan Hunt said in a statement. “AAC connects these college athletes with a local nonprofit, not only to give back to a cause they care about but to also bring awareness to all of the good these organizations are doing to help our communities.”
Financial details of Notae’s contract with AAC were not disclosed. An AAC spokesman was not immediately available to answer additional questions.
Notae has chosen to work with Samaritan Community Center, a Northwest Arkansas nonprofit providing food and other resources to families living in need.
“Growing up in a family that struggled to put dinner on the table from time to time, this issue is close to my heart,” Notae said. “I’ve always felt like if I was ever in the position to help another family who needs a little help making sure their kids get good meals I would. AAC has given me the opportunity to put the spotlight on Samaritan Community Center so all the members of our community can see the good work they do and learn about ways they can help.”"
This post was edited on 1/26/22 at 9:42 am
Posted on 1/26/22 at 9:21 am to DuckTalesLOL
quote:
possibly Walmart and Tyson Foods joining the NIL game as well.
are you sure? seems like it's just this
Posted on 1/26/22 at 9:23 am to DuckTalesLOL
Good we need more parity. Hopefully NIL spreads the love around
Posted on 1/26/22 at 9:24 am to DuckTalesLOL
Should just go to a NIL salary cap
Posted on 1/26/22 at 9:25 am to DuckTalesLOL
quote:
They’ve been raising money for a while, and announced today. Essentially it’s an NIL organization that will financially benefit players while the players have community driven efforts rather than just advertisements or endorsement deals.
This is a good idea.
Posted on 1/26/22 at 9:26 am to DuckTalesLOL
This would make sense with our unexpected pull in the portal. We got some cream of the crop portal transfers against other NIL rich schools.
Posted on 1/26/22 at 9:40 am to DuckTalesLOL
Walmart cash incoming.
Posted on 1/26/22 at 9:42 am to DuckTalesLOL
Nb4 Ole Piss fan says we should be able to upgrade our hookers now.
Posted on 1/26/22 at 9:48 am to DuckTalesLOL
This explains why A&M is losing recruits. Walmart owner money > oil employee money
Posted on 1/26/22 at 10:07 am to DuckTalesLOL
I propose Alice Walton get a portrait of every Arkansas scholarship athlete for a NIL fee
This post was edited on 1/26/22 at 10:08 am
Posted on 1/26/22 at 10:12 am to DuckTalesLOL
If Walmart and Tyson join in on this then game over for everyone else.
Aggies are even poor compared to those companies
Aggies are even poor compared to those companies
Posted on 1/26/22 at 10:15 am to DuckTalesLOL
Kiss collegiate sports as we know it goodbye. Going to be worse than the NFL. I quit watching those premadonna’s already. Will do the same for college if this is the new trend!!
Posted on 1/26/22 at 10:18 am to DuckTalesLOL
Feels good to hear this stuff. I’m not a fan, but at least they’re trying. Good on HY
Posted on 1/26/22 at 10:27 am to DuckTalesLOL
Sam Pittman finna eat
Posted on 1/26/22 at 10:51 am to DuckTalesLOL
Piggie finally figuring it out
Posted on 1/26/22 at 12:44 pm to DuckTalesLOL
I just can’t imagine spending my hard-earned money on college athletics in 2022.
Posted on 1/26/22 at 1:34 pm to DuckTalesLOL
That is great to hear. Now you shouldn't have an excuse not to get a top 10 recruiting class. I like the charity work they will be doing unlike A&M. Those clowns will clock in at the family YMCA and workout.
Posted on 1/26/22 at 2:58 pm to DuckTalesLOL
This is a smart work-around to some of the restrictions, which will allow Walmart and Walmart Foundation and Walton Family Foundation (if they care to) to donate to a tax-deductible charity.
This is probably the best-case scenario for Arkansas. There's huge money donors, but not a lot of "product placement" opportunities because they're all national brands.
The Hunts are billionaires, they just get lost in the mix since there's so much wealth in NWA.
This is probably the best-case scenario for Arkansas. There's huge money donors, but not a lot of "product placement" opportunities because they're all national brands.
The Hunts are billionaires, they just get lost in the mix since there's so much wealth in NWA.
This post was edited on 1/26/22 at 2:59 pm
Posted on 1/26/22 at 5:56 pm to DuckTalesLOL
At the moment div one has a better free agent market than the NFL. No telling how college football will evolve in the future with a free market.
Posted on 1/26/22 at 6:06 pm to DuckTalesLOL
This is actually a good use of NIL
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