“NILLY gives student-athletes options that I wish I had.”
Kendrick Perkins
NILLY Co-Founder + Brand Ambassador
Kendrick Perkins
NILLY Co-Founder +
Brand Ambassador
NILLY License Payments are designed to enable, empower and enrich student-athletes.
Enable
Student-athletes who want to tap into their NIL value today are given access to upfront license payments by NILLY.
Empower
Partnering with NILLY provides student-athletes with financial education and wellness resources, as well as introductions to financial advisors who can help them invest and plan for the future.
Enrich
Athletes get immediate access to funds that they can use for their specific needs, as well as access to additional NIL earnings sourced by NILLY.
How to Get
Started
If you are a student-athlete interested in getting a NILLY License Payment, our process is simple and straightforward.
You Apply
Complete the student-athlete profile form to provide details about your current school, sport, academic year, position and social media presence.
NILLY Evaluates
Based on the information that you provide, NILLY will use its proprietary methodology to determine your potential future NIL earnings and we can provide you with an upfront NIL License Payment offer.
You Review and Accept (or Reject) Your Offer
Based on NILLY’s analysis, approved student-athletes will receive an offer containing the details of the upfront payment and the ongoing NIL earnings share percentage. You are not obligated to accept the offer, but if you decide to do so, you will be funded within 10 days.
The NILLY Difference
NILLY’s co-founder, NBA great and ESPN analyst Kendrick Perkins, co-created NILLY to provide opportunities for you to more quickly benefit from your name, image and likeness in a way that he and many others didn’t have.
Life happens. If you get injured or stop earning NIL income for any reason, you do not owe anything to NILLY, and you keep your License Payments.
Having access to NIL money that is not tied to any particular team gives you choices. NILLY is school agnostic, meaning that if you decide to change schools, your NILLY deal does not change.
Following the initial payment, you will receive 50% of all NIL amounts earned, until you hit the 1.5x trigger point. If/when you hit the trigger point, your share increases to 90% for the remainder of the 4 year term.
FAQs
We’ve partnered with top industry organizations and service providers including Basepath to make the process as fast and easy as possible.
