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[QUOTE="BBFGExecDir, post: 4992167, member: 13274"]
There is a chance that the IRS takes away 501(c)(3) status for non-profit NIL collectives, which would require a for-profit alternative. We needed to find the best "product" to sell. We have access, so we try to monetize access. Having this model allows us to engage with corporate sponsors, which I intend to make our primary revenue stream for NIL as soon as possible (you may have saw that FedEx is giving like $5m to Memphis' NIL effort). That's where we need to move. Companies will be able to advertise on the site (need subscribers for that to be worthwhile), in our email newsletters, at our fundraising events, at our charity events, and with UConn athletes, whereby I will be acting as a pseudo-agent on behalf of the athletes to get them money/endorsement deals with Connecticut companies.

Finally - with the total dollar amounts trending the way they are, and BBFG answering directly to the IRS, there is a limit on what we can pay per event and a worry that we can't hit the total dollar amount. For-profit collectives don't have those restraints and have infinitely more flexibility.
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