Did anyone else see the article where Anchor Impact had raised $2.1M (I assume this is spread across all sports), while other top-tier institutions had dedicated up to $5M for their football program alone? I know this has been a recent topic of conversation on the podcast and it further illustrates a hard data point of how much further Vanderbilt has to go. Snip from article below:
Anchor Impact has done that successfully, too. Back in March, Epps said the collective had raised $2.1 million. That number has continued to grow as more fans and donors have been educated on the importance of NIL. The entire Vanderbilt baseball team signed a deal with the collective in September.
What does this means for Vanderbilt?
To compete in the SEC’s NIL collective landscape, Vanderbilt has to stockpile funds. Sources across the nation have indicated to On3 that top-tier NIL collectives will be operating with up to a $5 million annual budget in football.Anchor Impact has done that successfully, too. Back in March, Epps said the collective had raised $2.1 million. That number has continued to grow as more fans and donors have been educated on the importance of NIL. The entire Vanderbilt baseball team signed a deal with the collective in September.
