Sports

Georgia Football Players Made Six Figures In 3 Hours Through NFTs, Top College Athletes To Now Sign Deals

#NIL
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In the world of NIL and NFTs, there is a lot of money to be made by college athletes in the digital space. A staggering $174 million(+) has been spent on Non-Fungible Tokens since November of 2017, and now a group of NCAA athletes are trying to cash-in.

More than 50 athletes from top collegiate athletic programs have signed NIL deals for NFTs with The Players’ Lounge. The deal includes LSU quarterback Myles Brennan, Auburn quarterback T.J. Finley, Alabama safety Terrion Arnold, LSU gymnast Ragan Smith, LSU first-baseman Tre’ Morgan, Texas track star Tyra Gittens and Texas baseball player Tanner Witt, among others.

The group of athletes signed deals with The Players’ Lounge, which was formed by former Georgia football players Aaron Murray and Keith Marshall, as well as brothers Ty Friz and Trent Frix. Exact terms of the deals are undisclosed, however, there is a lot of money to be made.

Recently, 11 members of the Bulldogs’ national championship team worked with The Players’ Lounge for an NFT launch with DGD Mafia. It sold out in three hours and raised more than $305,000 in sales.

As a result of the massive success of the launch, all 11 Georgia athletes received $28,000. That’s quite the paycheck for a college student.

After The Players’ Lounge’s incredible successful NFT launch with DGD Mafia, the interest in digital communities skyrocketed.

Since the launch, the Players’ Lounge signed 13 athletes at LSU and is soon to launch communities at Alabama, Auburn, Oklahoma, Texas and North Carolina. They only plan to grow from there.

NFTs are the newest trend in the NIL era. Collectives like The Players’ Lounge sell a limited number of NFTs to a specific fanbase and then split the profits with the athletes.

An NFT, formally known as a non-fungible token, is a digital asset that represents real-world objects. They are digital representations of things like art, music and videos that are bought and sold online.

As the trend continues to grow, athletes are getting in on the rise and making quite a bit of money in the process. Here is a link to The Players’ Lounge and here the list of players who have signed with The Players’ Lounge:

Alabama:

  • Brian Branch
  • Terrion Arnold
  • Cameron Latu
  • Malachi Moore
  • Kristian Story
  • Trey Sanders

Auburn:

  • Keiondre Jones
  • Tyler Fromm
  • Shedrick Jackson
  • Owen Pappoe
  • Derick Hall
  • T.J. Finley
  • Nehemiah Pritchett

Louisiana State University:

  • Myles Brennan
  • Kayshon Boutte
  • Sami Durante
  • Blake Money
  • Corey Kiner
  • Mike Jones Jr.
  • Tre’ Morgan
  • Jaray Jenkins
  • Malik Nabers
  • Jaquelin Roy
  • John Emery Jr.
  • Will Campbell
  • B.J. Ojulari

North Carolina:

  • Tony Grimes
  • Myles Murphy
  • Storm Duck
  • Drake Maye
  • Bryson Nesbit
  • Ja’Qurious Conley

Oklahoma:

  • D.J. Graham
  • Trey Morgan
  • Joshua Eaton
  • Ragan Smith
  • Drake Stoops
  • Jalen Redmond
  • Billy Bowman
  • Woodi Washington
  • Danny Stutsman
  • Theo Wease
  • Marvin Mims

Texas:

  • Jaylon Guilbeau
  • Andrew Jones
  • Tyra Gittens
  • Tanner Witt
  • Justice Finkley
  • DeMarvion Overshown
  • Anthony Cook
  • Luke Brockermeyer
  • Jordan Whitington