For years, it was ingrained in student-athletes to say “no” to the car dealership that invited them to their grand opening, the pizza place that wanted them to wear their T-shirt, the sports memorabilia store that wanted their autographs, and even the local elementary school or hospital that was planning a fundraiser.
A failure to say “no” could result in massive NCAA penalties, including ineligibility, suspensions, forfeiture of games and vanquishing of championships.
Now, new NCAA rules that allow student-athletes to say “yes” have changed the entire landscape of college athletics. The rule change – prompted by a change in state law in several states – took effect in July.
For the student-athletes, who are now permitted to profit financially off their name, image and likeness – known as “NIL” opportunities – it is an exciting time. However, with new opportunities come risks.
That’s where Kim Whitler, an associate professor of business administration at the University of Virginia’s Darden School of Business, comes in.
An expert in marketing and brand strategy, Whitler and McIntire School of Commerce alumnus Jay Hodgkins are creating a self-guided workbook that is geared specifically for UVA student-athletes who will be navigating tricky new terrain.
The book, written in partnership with UVA Athletics via a grant from Darden Dean Scott Beardsley, has a working title of “Designing, Activating, and Monetizing Your Athlete Brand.”
Available in the spring, the book will walk 鶹ƽ 750 student-athletes through four steps: one, setting a vision/goals; two, designing your brand; three, activating your brand; and four, monetizing your brand.
Whitler said the concept came from conversations she had with Ted White, 鶹ƽ deputy athletics director for strategic advancement, in which she championed the idea of “teaching the student-athletes to fish, rather than giving them a fish.”
White said Whitler was the perfect person to help guide not just the student-athletes, but the athletic department as a whole through uncharted waters.
“She’s an incredibly talented expert in her field, so I knew she could help us analyze the landscape and come up with a strategy that would help each of our students take advantage of short-term opportunities, while protecting their long-term interests,” White said. “More importantly though, what I quickly learned was that our philosophies were completely aligned and that she is an incredibly generous person.
“Kim took a seed of an idea, assembled a terrific team, involved current and former student-athletes, and produced an invaluable resource in an absurdly tight window of time. As a result, UVA student-athletes will have access to the best content available, developed specifically for them by someone who truly has their best interests in mind – both short-term and long-term.”
In writing the workbook, Whitler complemented her years of field and research experience with feedback from a number of former UVA student-athletes, including men’s basketball stars Ty Jerome and Kyle Guy (both now in the NBA) and basketball walk-ons Thomas Rogers and Grant Kersey.
White said the genius of the book is in its engaging format, but the beauty of the book is in its scalability.