How it works:
A contribution is made to Fantheon website. The donor designates the school and sport their contribution will go to. All funds will be put towards the incoming class of 2024 to begin with.
For each contribution cycle, Fantheon will maintain a live, public tally of contributions designated for each schools’ athletes that fans, schools, and athletes can use to track fan support. This will be the first national determinant for what an athletes’ fair market value is as determined by the fans.
At the conclusion of each contribution cycle, Fantheon will work with a corporate or collective partner that will facilitate partnerships ensuring fan contributions are directed to the designated schools’ athletes in exchange for NIL services.
Compensation is awarded to the student-athlete upon upon their NIL eligibility per state via an NIL deal with a business, charity, etc. SAs must be enrolled at an institution prior to Aug 1, 2024 to receive Fantheon funds set for the class of ‘24. Student athletes will not be compensated for performance, participation, or as an inducement to select, remain at, or transfer to a specific institution.
If a designated athlete for any reason opts out of receiving funds or cannot fulfill contract obligations, the money will be awarded to another athlete in their place. No refunds will be granted, the money will be received by the contributors’s desired athletic dept. in all circumstances.