{"id":4793,"date":"2022-11-16T12:47:37","date_gmt":"2022-11-16T17:47:37","guid":{"rendered":"https:\/\/magazine.alumni.ncsu.edu\/?p=2467"},"modified":"2024-02-01T16:23:19","modified_gmt":"2024-02-01T21:23:19","slug":"collective-thoughts","status":"publish","type":"post","link":"https:\/\/magazine.ncsu.edu\/2022\/collective-thoughts\/","title":{"rendered":"Collective Thoughts"},"content":{"rendered":"\n

A group of supporters of NC State athletics formed the Pack of Wolves NIL Collective<\/a> in early 2022 to raise money that can be used to pay Wolfpack student-athletes for use of their name, image and likeness (NIL). The collective is similar to those launched to support athletics at other universities in response to a Supreme Court ruling in 2021 opening the door for college athletes to be paid for signing autographs, endorsing businesses or anything else that uses their name, image or likeness.<\/p>\n\n\n\n

Former NC State basketball star Scott Wood \u201913 is executive director of the collective, which operates independent of the university. NC State talked with Wood about how the collective works, what it means for Wolfpack athletes and for college athletics:<\/p>\n\n\n\n

How does the collective work?<\/strong> There are different ways. We have many business sponsors who come in and they\u2019ll target a particular athlete, and they\u2019ll do social media posts for that restaurant or local business, do an event or something like that. We\u2019re also trying to raise funds under an umbrella so we can target particular athletes throughout the university. Or we might have a business sponsor who comes in and says, \u201cI don\u2019t have a particular athlete that I want to be involved with, but I would like to help women\u2019s basketball.\u201d Then women\u2019s basketball can do something for that business sponsor.<\/p>\n\n\n\n

Is most of the money going to athletes in football and basketball because of their higher profile?<\/strong> There\u2019s a lot of eyes on them. So, from a business perspective, they may be able to drive a lot of business through some high-profile athletes. But we\u2019re trying to take care of every student-athlete. That is a long-term goal that is going to require a lot of fundraising, but all of these student-athletes put in the same amount of work.<\/p>\n\n\n\n

How much can a student-athlete at NC State earn through NIL?<\/strong> A lot of it depends on how much the student-athlete wants to do. A lot of these kids don\u2019t have a lot of time, so it\u2019s hard for them to find time to do an autograph signing or some other thing. You see a lot of big numbers out there, but it\u2019s just a lot of speculation.<\/p>\n\n\n\n