The University of Maryland is dedicated to equipping its student-athletes with essential resources for navigating the Name, Image, and Likeness (NIL) landscape. Through a partnership with Advance NIL, Maryland has been offering education, consulting, and athlete development programs since September 2023, including recent workshops for various sports teams focusing on financial management, taxes, and contracts.

By the Numbers
  • Maryland partnered with Advance NIL in September 2023.
  • Representatives from Advance recently held workshops for Maryland's basketball, field hockey, football, golf, soccer, and wrestling teams on Feb 14 and 15.
Yes, But

The workshops aimed to educate student-athletes on various aspects of NIL, but some critics may argue that more focus should be placed on the practical implementation of this knowledge in real-life scenarios.

State of Play
  • Advance NIL conducted personalized workshops for different sports teams, ensuring engagement and practical application of lessons.
  • Maryland's football team participated in an interactive financial simulation called "The Money Game" to enhance financial literacy among student-athletes.
  • SECU, the official banking partner of the University of Maryland, provided resources to student-athletes during the financial simulation.
What's Next

Advance and Maryland plan to continue collaborating to offer customized resources to student-athletes, enabling them to leverage their NIL opportunities effectively.

Bottom Line

Maryland's proactive approach to NIL education reflects a commitment to empowering student-athletes with essential knowledge and skills for making informed decisions that could impact their futures significantly.