Basepath, the prominent NIL operations software provider, has unveiled a strategic collaboration with LONE STAR NIL, an initiative exclusively designed to benefit student-athletes in Texas-based colleges and universities.
As the nation's pioneering NIL program with a concentrated statewide approach, LONE STAR NIL is dedicated to fostering enrollment, retention, and graduation at in-state educational institutions. The program serves as a direct link connecting Texan student-athletes with local businesses, charities, and communities. Apart from aiding student-athletes in navigating NIL activities, LONE STAR NIL is committed to facilitating opportunities in professional development, community service, and charitable initiatives, forging connections between high-achieving individuals and the vibrant Texas business community.
Distinctively, LONE STAR NIL diverges from the conventional focus on institutional boosters and supporters for NIL support, opting instead to target Texas-based companies, both large and small. These companies are encouraged to align their brands with successful college student-athletes. LONE STAR NIL agreements can complement a student-athlete's existing name, image, and likeness opportunities, offering engagement options for those with limited or no previous options.
Tom Burnett, the Founder and CEO of LONE STAR NIL, expressed enthusiasm about the partnership, citing Basepath as the leading NIL operations software provider. "Basepath allows for a forward-thinking approach when connecting student-athletes with NIL deals, along with a user-friendly platform for both LONE STAR NIL and our partner student-athletes."
Under this collaboration, LONE STAR NIL will leverage Basepath's athlete operations software for task assignment, activity analysis through a dashboard, and contract automation via DocuSign integration. Basepath's wallet app is identified as an ideal tool for student-athletes to consolidate their NIL deals, manage income, estimate taxes, and access financial support. The software ensures compliance with both state and NCAA regulations.
Thomas Thomas Jr., CEO, and Co-Founder of Basepath expressed excitement about the partnership, praising LONE STAR NIL's innovative model focused on Texas student-athletes and businesses, believing it will bring significant value to the entire Texas athletics community.
LONE STAR NIL is open to eligible Texan student-athletes across 116 in-state public and private universities and colleges, spanning NCAA Division I to the state's extensive network of community and junior colleges.
About LONE STAR NIL
Based in sports-centric Frisco, Texas, LONE STAR NIL is the nation’s newest NCAA-permissible name, image and likeness opportunity for college student-athletes. An original concept established for the exclusive benefit of Texas-based students enrolled at any of the 116 in-state universities and colleges. LONE STAR NIL works to keep homegrown talent in Texas, aids our state campuses in enrolling, retaining and graduating students, and directly connects young people to the robust Texas workforce and economy. LONE STAR NIL is a division of Southwest Sports Partners, LLC, a Frisco-based athletics consulting and events services firm founded by President/CEO Tom Burnett, a native Texan, former NCAA Division I conference commissioner and recent chair of the NCAA Men’s Basketball Committee that administers March Madness and the Final Four.
Basepath is the leading provider of NIL operations software for collectives, universities, agents, and student-athletes. On the mobile app, Basepath Wallet helps athletes manage their NIL finances, employment income, and university grants. Collectives supported by Basepath include University of Louisville 502Circle Collective and Foundation, University of Illinois ICON For Illini, University of Minnesota Collective Dinkytown, Florida State University Rising Spear Collective and Iowa State We Will Collective.