NILLY is built by a team with years of experience in athletics and finance, led by NBA Champion Kendrick Perkins and the Edly Advisors team.
Kendrick Perkins is an entrepreneur, commentator, analyst and former professional basketball player. During his 15-year NBA career he played for the Boston Celtics, Oklahoma City Thunder, Cleveland Cavaliers and New Orleans Pelicans, winning an NBA Championship with the Celtics in 2008. Having entered the NBA directly out of high school due to financial pressures, Kendrick co-founded NILLY to help student-athletes and their families more quickly and easily access their NIL earnings for their specific needs.
GradReady helps students develop financial skills to successfully complete their education and navigate through life. The courses equip students with the tools to make sound financial decisions about budgeting, borrowing responsibly, establishing good credit and more.
NILLY will use Basepath to manage athlete NIL contracts. Athletes will never have to worry about managing their repayments or reciving their share of NIL income.
NILLY is an affiliate of Edly Advisors LLC., a Registered Investment Advisor and an education-focused fintech company specializing in funding students through Income-Based Repayment loans, Edly has developed an underwriting process for student loans, evaluating a school’s historical outcomes and the student’s academic progress and credit profile to inform lending decisions. NILLY supports an NIL revenue sharing product that allows investors to participate in NIL income.
Getting started with NILLY is fast and easy.
Just follow these simple steps:
Sign Up
Once you’re signed up, you’ll gain access to our database, where you can locate your athlete profile and review your projected NILLY valuation.
Complete your athlete profile
Complete your athlete profile and verify your identity.
Get your NIL valuation
Once your identity is verified, view your upfront NIL license payment valuation. Select the NIL income share your would like to share with NILLY.
Review your contract
Once you have selected your NIL income share percentage that you would like to share with NILLY, your contract documents will be created.
Submit your application
After signing your contracts, complete the final steps and submit your application.
Receiving your payment
Once approved by the NILLY team, complete the final step to receive your upfront NIL license payment.