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HBCU Alums Terry Comer, Khalil Thompson Raise $2.25M In Seed Round For College Sports Collectible Platform Giving Back To Players Through NIL

HBCU graduates Terry Comer and Khalil Thompson have secured new funding for their work in the NIL space. In 2021, the pair, who had an interest in college sports, united to launch NIL FanBox, marketed as the only “university-approved, player-endorsed recurring collectibles platform.” It works by sending sports fans 100% authenticated collectibles from their favorite college athletes. Its website mentions that the curated box includes three to five signed collectibles, a “Golden Ticket,” exclusive player merchandise, and digital authentication. One of its partnerships, with The University of Texas at Austin, resulted in the Longhorn FanBox, which is valued at $199 each football season and energizes fans by including “ultra-rare” collectibles and “behind the moment” interviews. Photo Credit: NIL FanBox While NIL FanBox certainly benefits fans, it also supports athletes by allocating a portion of its revenue back to them. NIL FanBox returns more than 30% of its revenue to participating...

Jan 14, 2025

Florida State Men’s Basketball Coach Leonard Hamilton Reportedly Being Sued For Allegedly Not Fulfilling NIL Promises

College basketball coach Leonard Hamilton is being sued for allegedly defrauding several players. According to Yahoo! Sports, former Florida State University (FSU) basketball players Darin Green Jr., Josh Nickelberry, Primo Spears, Cam’Ron Fletcher, De’Ante Green, and Jalen Warley have filed a lawsuit against their former coach. The players claim Hamilton owed them $1.5 million in total through name, image, and likeness (NIL) payments. They say he made promises of payments starting in April 2023, when he held a meeting and allegedly told the players they would receive compensation of $250,000 each. The money was expected to be disbursed by March 2024, but the players claim those funds never materialized even though he continued to assure them that they would be paid. “Every player on the 2023-24 FSU men’s basketball team roster relied on the promises that Hamilton made when they either decided to transfer to FSU or remain enrolled at FSU and play out the season,” the suit said, per...

Dec 31, 2024

Travis Hunter Reportedly Signs With Lil Wayne's Sports Agency

Travis Hunter has a string of victories to celebrate. In December 2024, Hunter was awarded the 2024 Heisman Trophy and became only the second two-way player to receive the honor, following Charles Woodson in 1997, according to the NFL. The award is given to an athlete who is considered the most outstanding player in college football. “First, I want to say I thank God, man I never thought I woulda been in this position,” Hunter said during his acceptance speech. Lil Wayne was also present to celebrate Hunter’s achievement. Hunter revealed he would often play the rapper’s music during pregames and expressed his gratitude. “I’m really appreciative of it, Wayne. You don’t know how you came in, came into our life, man. My fiance loves you. I didn’t know none of your songs until she let me know ’cause I don’t listen to music,” Hunter explained. “She told me you got to listen to this. If you don’t listen to music listen to Wayne, and from that day on that’s all I listen to.” He also told...

Dec 30, 2024

AJ Dybantsa Commits To BYU And Reportedly Secures An NIL Package Valued At Nearly $5M

The future is bright for top high school prospect Anicet “AJ” Dybantsa Jr. The No. 1 recruit in the class of 2025, AJ Dybantsa has already caught the attention of NBA great Kevin Durant , who is impressed by his skill set and has no doubt he will one day be drafted into the NBA. “I got to know him two summers ago between his sophomore and junior year in high school. He came to work out with us. I was impressed by his size and fluidity as a player, his ballhandling. He was shooting jump shots well. He’s got the body type to become a pro in this league for 20 years. It is good to be around him. He has a lot of energy, too,” Durant told Andscape. While there appears to be a foreseeable path towards the pros, Dybantsa will first be taking his talents to college. According to The Athletic, he has committed to Brigham Young University (BYU) located in Provo, UT. He also is the school’s first 5-star recruit, notes KUTV 2 News in Salt Lake City. View this post on Instagram A post shared by...

Dec 23, 2024

Travis Hunter Reportedly Does Not Accept Money From The Colorado Buffaloes' NIL Collective, Instead He Is Its Largest Donor

Travis Hunter has been quietly paying it forward to his University of Colorado Boulder teammates. The 2024 Heisman Trophy Award recipient and Colorado Buffaloes football star has been raking in various name, image, and likeness (NIL) deals, most recently signing a multi-year deal with adidas, as AFROTECH™ previously reported. View this post on Instagram A post shared by adidas Football (@adidasfballus) “Working with adidas is a special opportunity for me and something that I’m really excited about as I look ahead to what’s next,” Hunter said, according to Sports Illustrated. “The partners they currently have are top tier with some of the best young guys like me. I’m pumped to join the three stripes as we continue pushing the boundaries of the sport we all love.” Aaron Seabron, general manager, U.S. Sports & Creation Center Portland (Oregon) at adidas, commented: “…We’re proud to partner with someone whose passion for sport and drive to create impact on and off the field mirrors our...

Dec 17, 2024

Travis Hunter, Who Reportedly Has An NIL Valuation Of $5.2M, Secures A Multi-Year Deal With Adidas

It’s Travis Hunter’s winning season. The University of Colorado Boulder football player took home the 2024 Defensive Player of the Year award for the Buffaloes on Dec. 5, 2024. What’s more, he is rumored to be the top choice for the Heisman Trophy and is expected to be among the top prospects for the 2025 NFL Draft, Sports Illustrated reports. Multi-Year Deal Adidas Deal Hunter’s latest win includes signing a multi-year NIL deal with adidas, which will extend into his NFL career, notes Boardroom. The athlete has been seen sporting the apparel line on his podcast, Twitch channel, and during pregame warm-ups. View this post on Instagram A post shared by adidas Football (@adidasfballus) “Working with adidas is a special opportunity for me and something that I’m really excited about as I look ahead to what’s next,” Hunter expressed, per another Sports Illustrated report. “The partners they currently have are top tier with some of the best young guys like me. I’m pumped to join the three...

Dec 13, 2024

Angel Reese's Former Agents Said She Wouldn't Make More Than $2K In NIL Deals, Today She's Shattered Those Expectations

WNBA star Angel Reese has exceeded the expectations of her former agents. During a panel discussion at ComplexCon 2024, Nov. 16-17, in Las Vegas, NV, the Chicago Sky player looked back on the discouraging advice she received from her former agents, who had low expectations for her success with name, image, and likeness (NIL) deals. “I used to be with an agency, and I’m not with the agency anymore,” the 22-year-old explained on the panel, moderated by Speedy Morman , according to Complex. “And initially when I was with the agency, that specific agency told me I was never going to make over $2,000. … And that was when NIL first started.” Reese would prove those agents wrong. She has secured a slew of NIL deals with companies that include: Wingstop McDonald’s Raising Cane’s Amazon Sonic Bose Banter by Piercing Pagoda TurboTax Xfinity JanSport Outback Steakhouse In April 2024, her NIL valuation had reached $1.8 million, notes The Street. Reese is now working with new agents, Jeanine...

Nov 21, 2024

20-Year-Old LSU Basketball Player Flau'jae Johnson Purchases 20 Acres Of Land As A Part Of Her Goal To Create Generational Wealth

Flau’jae Johnson is putting down roots in more ways than one. On Friday, the Louisiana State University (LSU) basketball guard and rapper shared that she has purchased 20 acres of land, a significant step toward turning her dreams into reality. In a celebratory Instagram post , Johnson said, “GOD IS AMAZING! I Done Got Addicted To The Acres. 20 Years Old With a total of 20 Acres !! Generational Wealth Fr @HomeDepot, what’s up?? Help me make some dreams a reality!”   View this post on Instagram   A post shared by Big 4️⃣ (@flaujae) For Johnson, her dreams reach far beyond her talents of music and basketball. “This land represents more than just an investment for me—it’s about building something bigger than basketball or music. I want to create opportunities for my community and leave a legacy that shows young women, especially young Black women, that we can do it all. Owning 20 acres at my age is proof that with vision and hard work, we can break boundaries and build the future we...

Oct 15, 2024

Terrell Davis Reveals How His First Major Check And A Former Teammate Taught Him Lessons On Managing Money During His Multi-Million-Dollar NFL Career

Two-time Super Bowl champion Terrell Davis is taking the lessons of his past and educating the next generation of athletes. The San Diego, CA-native was once a student-athlete, playing for Long Beach State University in California before transferring to the University of Georgia after Long Beach’s football program was shut down. In 1995, Davis’ talents would bring him to the bright lights of the NFL field, with him being drafted by the Denver Broncos. The team signed him under a three-year contract valued at $484,000, which included a $38,000 signing bonus, mentioned Spotrac. Early Financial Mishaps He recalled having no prior financial education when he entered the league, but he had a realization about money management through veteran teammate Simon Raynard Fletcher who one day was driving him to a nearby hotel following training camp. “I noticed on the passenger side of his car when I got in, it was a bunch of envelopes and there was a bunch of checks,” Davis told AFROTECH™. “I...

Oct 4, 2024

Reggie Bush Sues USC, Pac-12, And NCAA Over Alleged NIL Violations, Seeking Fair Treatment For All College Athletes

Reggie Bush is taking legal action against several organizations he claims failed to acknowledge his contributions when they benefited from his name, image, and likeness (NIL) . According to ESPN, Bush, a former USC running back and 2005 Heisman Trophy winner, announced the lawsuit on Monday against the university, the Pac-12, and the NCAA . His legal team claims the organizations profited significantly from Bush’s popularity through TV contracts, merchandise sales, and media rights — even after he went to the NFL. “This case is not just about seeking justice for Reggie Bush,” said attorney Evan Selik, per the outlet. “It’s about setting a precedent for the fair treatment of all college athletes. Our goal is to rectify this injustice and pave the way for a system where athletes are rightfully recognized, compensated, and treated fairly for their contributions.” Bush completed his college football career and entered the NFL draft in 2006, when the New Orleans Saints selected him as...

Sep 24, 2024

College QB Shedeur Sanders Retains Top Spot For NIL Earners In 2024 With An Estimated $5.1M Valuation

College football quarterback Shedeur Sanders still remains at the top of name, image, and likeness (NIL) earners. As AFROTECH™ previously reported, Shedeur was listed at the top of the 2023 college football season, with an approximate $3.8 million valuation. This was also the highest NIL valuation at the time. In 2024, not much has changed. Shedeur — who now plays for the University of Colorado and is being led by his father and head coach Deion Sanders — has a NIL valuation that has soared to an estimated $5.1 million , according to the latest data from On3. He is joined by his teammate, Travis Hunter, who is ranked third with an estimated $3.1 million valuation. View this post on Instagram A post shared by On3 NIL (@on3nil) Signing To Nike The news follows just weeks after Shedeur made history as the first college football player to sign an NIL deal with Nike. His presence within the athletic apparel giant is now a family affair, as his father is also signed to a deal with the...

Sep 19, 2024

College Football Star Travis Hunter Signs 'Smartest NIL Deal Ever' With NerdWallet And Will Put 20% Of Earnings In Savings Account

College football player Travis Hunter has made wise financial decision with his latest name, image, and likeness (NIL) deal. NerdWallet Wide receiver for the Colorado Buffaloes, Hunter will now be working with finance platform NerdWallet, joining USC basketball superstar JuJu Watkins, Sports Illustrated reported. He is the first football athlete on their roster. The conditions for signing an NIL deal with NerdWallet include stipulations that the athlete must fulfill a smart money action and release publicly the terms of their contract. Hunter was given three smart money options and he moved forward with the plan to place 20% of his earnings into a savings account. “Preparation is the key to success both on and off the field, and I’m excited to plan for a strong financial future with the help of NerdWallet,” the NCAA athlete said in a statement. “The opportunity to earn and be smarter with managing my NIL money in the right bank account while playing football was too good to pass...

Sep 19, 2024

Shedeur Sanders Becomes The First College Football Player To Sign An NIL Deal With Nike, Following In His Father's Footsteps — 'Now It's A Family Business'

Shedeur Sanders follows in his father’s footsteps by signing a deal with Nike. Deion Sanders, the head football coach at the University of Colorado , first signed to Nike in the 1990s and the partnership led to his own signature shoes, reports CBS Sports. Deion would later part ways with the shoe retailer, cementing a long-term partnership with Under Armour. In 2023, he made a comeback to Nike, paving the way for a fresh collection of footwear, such as a new version of the “Varsity Maize” Nike Air DT Max ’96,  Complex mentions. View this post on Instagram A post shared by @COACHPRIME (@deionsanders) Deion’s legacy at Nike will now also include his son Shedeur, who has cemented a name, image, and likeness (NIL) deal. He becomes the first college football player to sign with Nike, according to Andscape. Per On3, Shedeur current NIL valuation is said to be $4.7 million. “Now it’s a family business,” a shared statement reads via Instagram. View this post on Instagram A post shared by...

Aug 28, 2024

Mother Of Faizon Brandon, A High School Quarterback And Top-Ranked Recruit, Files Lawsuit Over North Carolina's NIL Restrictions

Rolanda Brandon has filed a lawsuit due to North Carolina’s NIL restrictions. She is the mother of Faizon Brandon, a quarterback at Grimsley High School and the nationa’s top-ranked recruit in the 2026 class, according to ABC11. The high school player intends to play for the University of Tennessee upon graduating in the fall of 2025, which he affirmed through a verbal commitment, per CBS Sports. The journey toward higher learning is often met with great excitement for athletes and name, image, and likeness (NIL) deals have further energized the sports arena for both college and some high school students. However, this may not have been the case for Faizon. The Athletic Narrative states that while high school students can engage in NIL deals, the eligibility is subject to state laws and the specific rules of their schools or sports teams. Rolanda is now suing the state of North Carolina due to the barriers around NIL deals, The Charlotte Observer reports. This has prevented Faizon...

Aug 28, 2024

College Football Player Josh Petty Is Set To Earn At Least $800K Yearly With A Roster Value NIL Deal At Georgia Tech, Report Says

Josh Petty has received a significant name, image, and likeness (NIL) deal that was hard to pass up. Petty is an offensive lineman from Fellowship Christian School in Roswell, GA, and was a No. 8 prospect for Georgia Institute of Technology (Georgia Tech), according to data released by 247Sports. Committing To Georgia Tech Announced on Aug. 12, 2024, Petty plans to take his football talents to Georgia Tech in Atlanta, GA, with an official commitment. For the school, this reportedly becomes its second-highest ranking recruit ever, The Atlanta Journal-Constitution reports. “Georgia Tech is feeling like home and is my home,” Petty expressed, per the outlet. “They’ve got guys over there that make it feel authentic. They’ve got everything over there that’s been amazing. Staying in Atlanta is huge. It’ll definitely help with that feeling-at-home piece, but the friendly faces and the smiles and everything that goes on inside that building is more important to me as far as the home factor.”...

Aug 15, 2024