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The Colin and Samir Show

How College Athlete Vloggers became Millionaires Overnight.

The Colin and Samir Show

Colin and Samir

Business

4.9665 Ratings

🗓️ 12 July 2021

⏱️ 20 minutes

🧾️ Download transcript

Summary

This week, we're talking about how College athletes can now monetize their name image and likeness, most notably - through Social Media.  Do you like stories like these? Check out our newsletter: www.thepublishpress.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

A former UCF football player is seeking donations after his dispute with the NCAA.

0:05.0

I can't play college football, no more scholarship, I can't pay for school.

0:08.0

Declared ineligible this week when he refused the NCAA's compromise of leaving

0:13.0

UCF and his football out of YouTube videos where he does make add revenue.

0:18.0

Starting today the NCAA is changing its long-held policy and will allow athletes to make money from their name, image, and likeness.

0:25.6

You might think football, basketball players, they stand to make the most money.

0:29.3

But all athletes stand a chance to get paid well, especially those with a significant social media following.

0:37.2

As of July 1st, college athletes can now make money

0:39.8

off their name, image, and likeness. And this now means that all the college athletes out there

0:44.4

who have followings on social media can actually monetize it. So we actually covered this story

0:49.1

right when the news broke in our creator economy newsletter called the Publish Press. And in that,

0:54.9

we talked about how this was a massive deal because it essentially expands the size of the creator economy.

1:00.3

So if you're a creator yourself, are interested in the creator economy, there's a lot to

1:03.0

unpack here about how this is going to affect the future. And in this episode, we're going to

1:07.4

speak with a college athlete who's starting to monetize his brand. Mitchell Pelke is a rising junior on the Buckeyes lacrosse team, but most people know him for his YouTube channel.

1:15.6

Now, on this week's episode, because it's all about college athletes monetizing their brands,

1:20.5

we're actually having a college athlete sub in for Colin to roll the intro.

1:25.5

Let's welcome Sedona Prince of Oregon Basketball to roll the intro. Hey, welcome Sedona Prince of Oregon basketball to roll the intro.

1:29.3

Hey, I'm Sedona Prince and Colin and Samir Pabebe to roll this intro.

1:38.6

So prior to this deal, here's how the exchange worked. You're a talented athlete. We're going to

1:43.7

offer you a scholarship. So basically we're going to pay for your school. You're a talented athlete. We're going to offer you a scholarship.

1:45.4

So basically we're going to pay for your school. Is this a hypothetical? Because I was a talented

...

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