Opendorse and a top athlete safety and insurance company collaborate to enter the NIL market.
It makes sense that NIL collectives, who set the standard for athlete “free agency” during the transfer window, would search for innovative strategies to safeguard their monetary commitments. Enter Players Health, the top supplier of insurance and athlete safety solutions in sports, who has unveiled a revolutionary line of insurance products intended to completely transform the NIL environment in collegiate athletics.
NIL contract protection, critical injury protection, and the beta launch of PH Portal are among Players Health’s new tools designed to defend the interests of collegiate athletes and collectives during this historic time.AI, a platform for analytics powered by AI.
By controlling risks and lowering the collectives’ exposure to transfer portal liabilities, the NIL contract protection is designed especially for collectives, improving donor and brand confidence.
In the event that a collegiate athlete sustains a catastrophic injury that ends their season, the critical injury protection policy provides financial support, including tuition reimbursement and NIL contract income, to preserve their futures.
The Portal of Ph.AI is a first for the NIL space—a predictive analytics platform driven by AI—that is intended to help collectives and universities reduce the risks involved in athlete transfers via the portal.
Players Health announced a multi-year agreement with Opendorse in addition to their new product offering with the goal of improving financial security and compliance for collegiate athletics. Through this partnership, NIL collectives will receive comprehensive support by utilizing Opendorse’s industry-leading technology and services along with Players Health’s risk management experience.
With today’s NIL Exchange Summit Series in Orlando, Players Health and Opendorse formally launched their relationship. In order to investigate and debate the future of college sports in the NIL age, a new gathering of industry leaders, athletes, marketers, and educators is scheduled.
Burks, Lawrence, Mit Winter (NIL Attorney at Kennyhertz Perry), Olivia Hancock (Founder of ByUS Media), Russell White (President of Oncoor Marketing), Rob Sine (CEO of Blueprint Sports), Hunter Baddour (President of Tennessee collective, Spyre Sports), and Sam Green (NIL content creator) are among the speakers at today’s NIL Exchange.