Andy Carl, Seth Goldblum and Chris Squeri announced the formation of The TUFF Fund, a 501 nonprofit charitable fund utilizing community-focused initiatives and partnerships intent on creating name, image and likeness opportunities for Temple student-athletes, according to a release. The fund is not affiliated with Temple University.
How players sign deals could be a combination of players reaching out to the collective, finding a student-athlete already involved in community service, or a student-athlete with a developed brand that could be mutually beneficial. According to On3, there are more than 120 collectives either known or in the process of being formed as of July 1. Of the 65 Power Five schools, 92 percent have at least one collective or are in the process of forming one.
“We were able to put together experts from our firm on the corporate formation and the tax work,” Wilcoxson said. “Then obviously what our group does in sports law is related to NIL legislation and policy and the guidance we give to our clients. We were able to kind of blend that all together and give them full service guidance as they were putting these ideas together.”
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