SBJ has a twitter thread naming all "Power Players" in the NIL space (agents, consultants, collectives, etc). Triump NIL was one of 9 donors/collectives listed. Not exactly sure how one qualifies to be a "Power Player" but it sure sounds good.
NIL Power Players: Collectives & Donors 👏 pic.twitter.com/dqVVtpI2DU— Sports Business Journal (@SBJ) June 19, 2023
The actual write up is pretty short and vague:
Multiple collectives at Virginia Tech have condensed to one with Triumph. Most recently, it acquired Commonwealth NIL to further beef up the NIL ecosystem in Hokie Nation and increase the offers coming to the players. Virginia Tech athletes also boast unique opportunities on the Triumph Digital Network, with personalized channels through which they can connect to supporters.
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Of course Miami is the only one that has a single guy, John Ruiz (whoever that is), and the rest are collectives of some sort.
He's the founder/CEO of LifeWallet.
He's actually pretty fascinating... LifeWallet's stock is down >65% in the last 6 months, and coincidently, Miami's NIL contributions are also down. If you are interested in the economics of random things (like I am), it's definitely a story to watch.
CEO of MSP Recovery, which includes Lifewallet. They specialize in Healthcare reimbursement. He has a pending court case against the NCAA over their classification of him as a booster and penalties levied against Miami over a dinner he had with the Cavinder twins.
Yep, sounds like Miami.
Can their be boosters and illegal benefits in a world with NIL? That free car was payment for a photo on the wall...
Everybody under age 50 wanted the Indentured Servants to be paid. After all, coaches got paid. So here you go. Enjoy.
I mean, I'm good with it.
yes yes how dare we excel in the new landscape that actually provides an opportunity for us to get a leg up on competition
Well, at least you didn't post that yesterday.
Triumph? /s