Category Archives: News

Illinois Basketball: NFTs are the next step in Illini NIL growth

by Zain Bando Illinois basketball is taking the next step in NIL endorsements with the NextName NFT partnership. The Illini are off to a fast start at 6-2, as it remained at No. 16 in the fourth week of the AP Top 25. Coupled with the on-court success also comes future marketing opportunities for the program. Illinois’ athletic department has been […]

Father and son create platform for University of Illinois athletes to receive compensation by selling NFTs of themselves

Steve Thayer (right) and his son Ryan Thayer founded NextName to sell digital collectible images of college athletes and teams, which provide a financial support to players.

By Myrna Petlicki, Pioneer Press, Dec 04, 2022 Steve Thayer and his son Ryan Thayer wanted to offer financial help to athletes from their alma mater, the University of Illinois. They found the answer when a Supreme Court ruling last year allowed college athletes to receive compensation for the use of their name, image, or […]

NCAA Clarifies NIL Rules for Institutions

By Steven Thayer On October 26, 2022, the NCAA’s Division I Board of Directors unanimously voted to clarify how schools and collectives can be involved with the name, image and likeness (NIL) activities of enrolled student-athletes.  The Board found it necessary to provide additional guidance to schools and booster organizations on a number of key […]

NextName hopes to be a part of NFT growth in NIL

NIL Deal

BY STEVEN MCAVOY Julia Roberts once said, “never underestimate the power of dinner.” Steve and Ryan Thayer can attest. In November 2021, Steve, an alumni of the University of Illinois attended a dinner hosted by the university alongside various friends and boosters. The biggest topic of discussion was NIL. “The University put together a dinner […]

NextName signs Illinois men’s basketball team to NIL deals

Illinois Mens basketball

Pete Nakos • 10/18/22 Illinois men’s basketball has entered the NFT space. The entire Fighting Illini team has inked NIL deals with NextName, a company that creates digital collectibles. The men’s basketball program is not the first Illinois team to sign with NextName. The Fighting Illini football, women’s volleyball, women’s soccer and men’s and women’s […]

Two Naperville college athletes sign with NextName

Illinois Womens Volleyball Classic Team Token

Now, fans can support them directly with unique digital collectibles Ann Pitcher, patch.com Naperville residents and University of Illinois volleyball players Sophie Gregus and Caroline Barnes have jumped into the new NIL space by officially signing a ‘name, image, likeness’ (NIL) deal with NextName. NextName offers fans the opportunity to support them through the sale […]

College athlete NFTs are on the market, starting with Illini

NextName

Watch on YouTube by: Scarlett O’Hara CHAMPAIGN, Ill. (WCIA) – A new company wants to connect fans with the world of college sports – digitally. They’re also giving student athletes a way to make money from their name, image and likeness. If it weren’t for scholarships, college athletes would’ve played for free – until last […]

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