FRISCO, Texas - University of New Orleans Athletics has partnered with INFLCR to launch the Privateer Exchange marketplace to provide industry-leading support for student-athletes to maximize opportunities in the Name, Image, and Likeness (NIL) space Vice President of Athletics and Recreation Tim Duncan and the Southland Conference announced today.
"We are excited to be on the INFLCR team. This historic deal with the Southland Conference is groundbreaking, and what it does is provide ways for our student-athletes to receive compensation for their name, image, and likeness by putting them in direct contact with our business community," said Duncan.
"In turn, business leaders can reach out to our student-athletes directly. They can see how active they are on social media, and how many likes and followers they have. We are very proud of this moment. University of New Orleans Athletics has gotten better today with this deal."
The conference-wide agreement provides tools for all student-athletes to build their brand, manage their NIL, and make local, state, and national connections for NIL deals.
Through Privateer Exchange, powered by INFLCR, student-athletes will have the opportunity to:
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Work with interested parties - such as brands, collectives, donors, fans, and individuals from anywhere in the country – including student-athletes' hometowns directly
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Automatically receive access to The Privateer Exchange through their personalized INFLCR app, while businesses and individuals can access the NIL exchange on any device through INFLCR's web platform
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Earn 100 percent of NIL earnings because there are no transaction fees taken by INFLCR as a result of New Orleans' investment in the platform.
Administrators will also be given visibility into NIL deals and a clear pathway to connect with student-athletes to provide education and guidance.
Registered businesses or individuals can search, filter and initiate direct conversations with student-athletes to discuss NIL opportunities. Student-athletes may also initiate conversations with registered businesses and individuals.
Once the NIL deal between a registered business and student-athlete is completed, the business will use Privateers Exchange to create a transaction that will produce a direct payment to the student-athlete and automate a disclosure to the INFLCR Verified Compliance Ledger.
An additional benefit is that all transactions within the local exchange are consolidated into one 1099 at the end of the year for easier tax reporting purposes for registered businesses and athletes.
HEAD MEN'S BASKETBALL COACH MARK SLESSINGER
"This is an incredible opportunity for our student-athletes. The partnership with an industry leading brand building and NIL app like INFLCR will open many pathways for our team. We believe that the INFLCR Exchange marketplace will provide our student-athletes not only amazing NIL opportunities within our beloved City but also across the country."
HEAD WOMEN'S BASKETBALL COACH TRELANNE POWELL
"Partnering with INFLCR is highly advantageous for the Southland Conference as a whole. At the same time, having the opportunity to tap into this fast-growing and competitive market as an individual entity gives us an edge when it comes to recruiting. I'm excited to witness how having access to a custom-branded NIL Exchange here at the University of New Orleans can help our student-athletes."
HEAD VOLLEYBALL COACH ASHLEY PRESTON
"This is such a great opportunity for my young women to capitalize on their own platforms and stay in line of the ever-evolving NIL realm. I want to thank Chris Grant and Tim Duncan for their visionary leadership both in the conference and at UNO."
INTERIM HEAD CROSS COUNTRY/ TRACK & FIELD COACH BEN HIBBERT
"I think this is a great initiative. In a world where the NCAA is rapidly progressing, I think this important for us to stay ahead. In track and field and cross country, when you're pulling kids from every corner of the country, this gives them a chance to feel support from their people. That goes a long way."
ABOUT NEW ORLEANS ATHLETICS
The mission of New Orleans Privateer Athletics is to produce leaders who: achieve academic excellence; win championships; serve the university and the Greater New Orleans Community with pride and humility.??
ABOUT INFLCR
INFLCR, available on Teamworks' Operating System for SportsTM, is the leading athlete brand-building and NIL business management app for elite sports organizations. The INFLCR athlete app educates student-athletes, coaches, and staff for the NIL era in a safe and compliant environment. Our best-in-class content delivery engine allows student-athletes to access and share content with their fans easily. INFLCR's Exchange helps companies, fans, and collectives easily find, communicate with, pay, and report NIL transactions with student-athletes, maximizing their NIL earning potential and streamlining reporting for their institution and personal tax returns. To learn why over 90,000 student-athletes at 270 elite collegiate and professional sports organizations have partnered with INFLCR, visit teamworks.com/inflcr.
ABOUT TEAMWORKS
Teamworks, the Operating System for SportsTM, powers over 6,000 sports organizations worldwide, including collegiate athletic departments, teams across all major professional leagues, and Olympic and National Governing Bodies. The Teamworks product suite provides specialized applications to support each stage of the athlete lifecycle, all available through an integrated operating system. Based in Durham, North Carolina, and founded in 2004, Teamworks continues to expand its global presence with employees across
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