Posted on Might 13, 2023
DALLAS (WBAP/KLIF) – A DFW based mostly entrepreneur is launching an app that enables followers to pay school athletes immediately.
The NIL world in school sports activities lets gamers be paid to be used of their title, picture and likeness. However in could circumstances, its the preferred athletes from the largest colleges who’re getting the offers.
“It permits followers to direct pay pupil athletes in an NCAA compliant method,” sand myNILpay CEO Brent Chapman. “You decide whoever you need to help with a minimal of $20, and ship them the cash.”
The app has been referred to as the Venmo of NIL, however Chapman mentioned it’s totally different as a result of the corporate supplies a digital signature, or digital artwork. Whereas the aim of the app is to pay the participant, the change of the digital artwork permits the app to fulfill NCAA {qualifications}.
“In case you’re sitting on the dangerous and also you’re like that was an amazing shot, you’ll be able to ship them $20 bucks.”
Chapman mentioned the intent is to offer the Division 2 or Division 3 athletes an opportunity to make some cash. He runs the app out of the DFW metroplex.
Hearken to Clayton Neville’s interview with myNILpay CEO Brent Chapman beneath:
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