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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 Porcine Human
quote:
are you sure? seems like it's just this
More info coming out later today. More donors have added money to this fund.
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 9:31 am to Billy Blanks
It sounds like Arkansas is trying to send a message that we aren't falling behind and will compete.
Posted on 1/26/22 at 9:36 am to dchog
Winning brings in way more $ than NIL will cost for sure
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 9:46 am to Torqued Pork
Living rent free baby
Posted on 1/26/22 at 9:46 am to kywildcatfanone
quote:I wish. I'll believe it when I see it
Walmart cash incoming.
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 9:48 am to kywildcatfanone
quote:
Walmart cash incoming.
That's not happening. They'll give you a nice job picking up shopping carts in the parking lot but that's about it.
Posted on 1/26/22 at 9:49 am to hiremikeleach
quote:
Living rent free baby
You can't say that after Ole Miss fans have made 10,000 threads about Arkansas the past week
Posted on 1/26/22 at 9:49 am to Torqued Pork
quote:
Nb4 Ole Piss fan says we should be able to upgrade our hookers now.
They are jealous that their Hugh Freeze days are over.
Posted on 1/26/22 at 9:50 am to The Sultan of Swine
Good for the Hawgs, the more money for players the better IMO.
Posted on 1/26/22 at 9:51 am to hiremikeleach
If you believed the hookers crap Arkansas is the one living rent free.
Posted on 1/26/22 at 9:53 am to Porcine Human
Trolling arky is not the same as bringing ole miss up in a thread about Arkansas NIL lol
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