A Deal Facilitator in NIL Go, formerly referred to as a third-party service provider, is an entity that helps coordinate a deal between a student-athlete and a Deal Sponsor, and makes payment to a student-athlete, their, or their representative on behalf of that same Deal Sponsor.*
In working with a student-athlete on an NIL deal, Facilitators should be prepared to assist in the following ways:
Provide the student-athlete with a contract that clearly outlines the deal terms, including compensation and obligations. The student-athlete will be required to upload a copy of this when they enter their deal in NIL Go.
Respond to questions the student-athlete or their representative may have about the deal terms.
Ensure the student-athlete has the name and email address for a contact with both the Deal Facilitator and the Deal Sponsor. They will be required to enter this information as part of their deal and these email addressed will be used when sending attestation forms, if needed.
Respond to NIL Go attestation requests. If a student-athlete reports a deal and the Facilitator’s associated status with the student-athlete’s institution has not already been confirmed by the school, the Facilitator contact listed by the student-athlete will be emailed a link to an attestation form to complete. They will also be required to describe their business purpose and provide other supporting details. They will only have to do this once per institution. Not responding to an attestation form may seriously delay review of a deal.
Learn more about how to enter a deal with a Facilitator here.
*An entity is not a Deal Facilitator if it is the originating source of any compensation to the student-athlete and/or if it ultimately benefits from use of the student-athlete's NIL. If either or both of these things are true, then the entity is the Deal Sponsor.
What questions are asked on the attestation form?
What questions are asked on the attestation form?
If this is your entity's first time doing a deal being reported to NIL Go, you will be asked to share basic details about your entity and your entity's business purpose:
Name of the entity
The type of entity (Private company, Public company, individual)
Legal form of entity (e.g., corporation, LLC, non-profit)
Principal place of business
If based in the US:
State of incorporation
Tax identification number (EIN)
If based internationally:
Country of incorporation
Business purpose
A business purpose is the reason why your entity was formed and the business activities it conducts or intends to conduct.
Any time you do a deal with a new institution, you will be asked to answer questions about your relationship with that institution, known as your Associated status.
The questions you will be asked to help determine your Associated status can be found here. Institutions are ultimately responsible for determining Associated status based on your form response.