The Charlotte 49ers Athletic Department has announced an enhancement of its partnership with INFLCR that will allow its student-athletes to pursue Name, Image, and Likeness (NIL) opportunities.
 
Through the Niner Exchange, companies can register to offer potential business deals for 49ers' student-athletes. Business ventures can include but are not limited to public appearances, autograph signings, social media promotion and endorsement, private lessons, and athletic camps.
 
"We're pleased to launch the Niner Exchange with INFLCR," said 49ers' Director of Athletics Mike Hill. "This is another step to enhance NIL engagement for our student-athletes. We expect the Niner Exchange to be a place where student-athletes can interact with the vibrant corporate environment in Charlotte. This can have value beyond NIL with internships or even post-graduate opportunities."
 
"Charlotte is taking great steps to strengthen its NIL strategy for the benefit of their student-athletes," said Jim Cavale, INFLCR founder. "I am encouraged by their initiative to provide student-athletes with the necessary resources to monetize their NIL opportunities effectively and compliantly."
 
In addition to the business offerings, the Niner Exchange will also include NIL information, education, reporting procedures, and guidelines. Through Niner Exchange, registered corporations will now be able to partner directly with student-athletes to increase brand awareness while ensuring they are meeting all the necessary legal protocols.
 
The Charlotte 49ers Department of Compliance will approve each collaboration and confirm that each meets the 49ers NIL guidelines.
 
The Process
Once registered through the Exchange, businesses can access a searchable database of 49ers' student-athletes that can be filtered for various criteria. Businesses can then message student-athletes directly or request pertinent contact information to discuss the proposal.
 
Once a NIL deal is finalized within the Exchange, student-athletes will complete a compliance disclosure within the INFLCR app. The app will also include a payment processing tool for the business to securely and directly pay the student-athlete with no transaction fee.  All disclosure and payment data will be reported in the institution's compliance portal. Payments processed through this tool will also be included on a consolidated 1099 for the student-athlete to streamline tax reporting.
 
About INFLCR
INFLCR, a Teamworks product, is the leading athlete brand-building and NIL business management app for elite athletic organizations. The INFLCR athlete app educates collegiate student-athletes, coaches, and staff for the NIL era in a safe and compliant environment, all powered by best-in-class content delivery for student-athletes to access and share content to their social media channels. INFLCR works with more than 270 collegiate and professional sports organizations.
 
Impactful new features like the INFLCR Local & Global Exchange allow local and national companies to find, communicate, pay, and report NIL transactions with collegiate student-athletes, maximizing their NIL earning potential with streamlined reporting for their institution and their personal tax returns.
 
Visit www.inflcr.com for more information.
 
INFLCR+ Local Exchange
INFLCR Local Exchange provides proven technology that offers athletics departments a place to send any business or individual interested in starting a NIL conversation with student-athletes and allows businesses to access a school-specific directory to filter and contact specific student-athletes by team, sport, and many other options, including automated NIL transaction compliance and tax reporting. For student-athletes, all NIL business conversations can live in their existing INFLCR account with automated payments and streamlined reporting for tax purposes.