FRISCO — Texas based company myNILpay launched a new app on May 11, 2023 to provide industry-leading NIL services for all NCAA college student-athletes. myNILpay is a first-of-its-kind software platform that allows any fan an NCAA-compliant method to direct-pay college student-athletes.

"The myNILpay app is simple to use and allows fans to provide support at almost any monetary amount at any time, said myNILpay CEO and Chairman Brent Chapman. Our platform changes the game for fans to be directly involved in supporting their favorite student-athletes."

NSU Assistant AD for External Operations Andrew Fletcher added, "This innovative platform adds another avenue for NSU fans and alumni to support our efforts in providing the best possible experience for our student-athletes."

In exchange for the payment to the athlete, the fan will receive a unique digital asset featuring the athlete's name and digital signature. By digitally signing the asset, the athlete has fulfilled the NCAA quid-pro-quo requirement and does not need to take any other action.

myNILpay is a new way for NSU alumni and fans to engage with student athletes like they have not been able to before.

 
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Restrictions

Student-athletes must not use their name, image and likeness to promote:

Gambling;
Alcohol products;
Tobacco and/or vaping products;
Adult entertainment;
substances banned by the NCAA; or
Products or services that are illegal.

Furthermore, an agreement is restricted if the agreement: 

Is without quid pro quo (e.g., compensation provided for work not performed);
Is contingent upon enrolling or remaining at a particular institution (e.g., recruiting inducement);
Compensates based on athletic participation or achievement (e.g., "pay-for-play");
Requires the student-athlete to engage in name, image and likeness activities during the course of official team activities, which include competitions, practices, and team gatherings and meetings;
Interferes with the student-athlete's academic obligations (e.g., class, exams, or scheduled tutor/mentor sessions);
Extends beyond a student-athlete's athletic eligibility at NSU; or
Is in conflict with a provision of a contract entered into by NSU, NSU Athletics, or an affiliated entity. All employees of NSU, including coaches and athletics department staff members, faculty, etc., are not permitted to compensate or cause compensation to be directed to a student-athlete, a prospective student-athlete, or their family members for name, image and likeness activities.

Please refer to the Name, Image & Likeness (NIL) Policy for more details.