Months after the 12th Man Foundation, the independent 501(c)(3) nonprofit fundraising organization that supports Texas A&M, announced a bold NIL

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On3 NIL

Texas A&M, 12th Man Foundation mum on bold, announced NIL fund

As the fast-evolving NIL Era moves into year three, Jim Cavale, founder and CEO of industry-leading INFLCR, believes collectives

inflcr-founder-jim-cavale-believes-progressive-collective-model-the-future-of-nil

INFLCR founder believes progressive collective model the future of NIL

Collectives have become the leading source of compensation in the first two years of NIL.   Donors and stakeholders thought they had collectives

most transformative NIL collectives

On3's top 20 most ambitious NIL collectives

Saturday marks the two-year anniversary of the NCAA's NIL Era and many coaches and administrators continue to call, to no avail, for a federal bill

Greg Sankey

Will the SEC continue with its fractured state-by-state NIL approach?

The brainstorming began last fall in Lubbock, Texas. There was Cody Campbell, co-founder of a Texas Tech-focused NIL collective, athletic director

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The new NIL collective model: 'It's illegal. But it's the future.'

Add Texas to the list of states that have signed sweeping NIL reform on the local level aimed directly at bypassing oversight by the NCAA.

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Texas Gov. Greg Abbott signs transformative NIL bill

As the NCAA pleads for federal legislation, states continue to rapidly pursue – and pass – sweeping reforms on the local level aimed directly at

texas-legislature-set-to-send-transformative-nil-bill-to-governor-greg-abbott

Texas legislature set to send transformative NIL bill to governor

As the second year of the NCAA's name, image and likeness era comes to a close, at least 30 NIL collectives no longer exist in their original form

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Why at least 30 NIL collectives have merged, folded or been acquired

DALLAS – As states continue to revamp laws to allow schools and fundraising foundations that form collectives to source NIL deals for

ncaa-president-warns-nil-could-lead-to-title-ix-implications-for-school-affiliated-collectives

NCAA president warns NIL could lead to Title IX implications for school-affiliated collectives

Less than two weeks after the launch of Texas A&M's 12th Man+ Fund, the NCAA distributed a email Monday to member schools reinforcing its

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NCAA email to institutions reinforces NIL standards

The 12th Man Foundation, which Texas A&M says “funds more than half of the athletics department's annual operating budget,” announced in

Texas A&M believed to be first with official booster group funding NIL

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AUG. 9 2023 UPDATE: When the 12th Man+ Fund launched in February 2023, it was heralded as the next evolution of NIL collectives. A booster-funded entity run through Texas A&M's fundraising arm, the 12th Man Foundation, the fund became the closest public link between a traditional athletic department fundraising effort and NIL-related donor dollars. Expectations were set that boosters could earn priority points for their donation. The new Texas state NIL law, which went into effect July 1, provided protection for the 12th Man+ Fund to operate with protections against the NCAA, which released guidance in the last six months quietly targeting the operation. However, the decision was made in August 2023 to discontinue the foundation’s NIL operations after discussing the IRS memo released in early June. A 501(c)(3) entity since the 1980s, the 12th Man Fund has led funding initiatives for scholarships, programs and facilities in College Station. PREVIOUS INFORMATION: The 12th Man+ Fund was launched publicly in February 2023 to “further the 12th Man Foundation’s mission while enhancing the student-athlete experience at Texas A&M through name, image and likeness opportunities.” With a contribution, 12th Man+ Fund’s website says “supporters can create NIL opportunities for Aggie student-athletes and help ensure Texas A&M Athletics has a competitive edge.” The 12th Man+ Fund says it operates under the 12th Man Foundation’s 501(c)(3) status, making it a charitable organization that is independent from the university or A&M’s Athletic Department. According to Texas Senate Bill 1385, which legalized NIL compensation for collegiate athletes in the state on July 1, 2021, universities cannot enter into or negotiate NIL contracts with their own athletes. According to the 12th Man Foundation’s description of the new program, “The Foundation’s NIL-related activities are not conducted on behalf of Texas A&M University or Texas A&M Athletics at any time. The Foundation will not communicate with or involve the University regarding negotiations with student-athletes related to NIL activities. The Foundation may communicate with the University regarding general compliance matters.” Travis Dabney, President and CEO of the 12th Man Foundation, said the 12th Man Foundation’s goal is not to consolidate NIL funds and is supportive of working alongside other collectives or funds.

Travis Dabney

President, CEO of the 12th Man Foundation

The 12th Man+ Fund

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