Utah NIL Collective Goes Into Overdrive For Athletes With Vehicles For Gymnastics, Basketball Teams
Utah is again setting the standard when it comes to group NIL deals for teams in Salt Lake City. After an NIL deal with the 'Crimson Collective' provided vehicles for the Utah football team, three other teams are getting in on the fun.
In a monumental moment for the Utah men's and women's basketball teams, along with gymnastic squad, each member was awarded a 2024 vehicle. The announcement was made Tuesday, to the surprise of each player, with vehicles waiting for them on the court.
After being told to be at the arena for meetings, athletes were ushered in for the massive unveiling.
One of the biggest components to this new deal was the focus on women's athletics, coming off the October announcement for the football team.
Will Utah Players Pay For New Rides?
One of the bigger questions folks have when deals like this are announced center around who is paying for these expenditures. Well, thanks to donors and the 'Crimson Collective', each athlete will receive a paid-for lease on a 2024 vehicle. Also, each athlete has to take care of the taxes, with the lease and insurance paid for by the collective.
In addition, this move by the Utah collective is monumental in the women's NIL space, and the vehicles are just as nice. Each student-athlete will pick from a 2024 Jeep Grand Cherokee L Limited Edition or a 2024 Dodge Ram 1500 Big Horn truck
These vehicles aren't cheap, costing over $50,000 each. But, this was another way for Utah to create waves in the NIL world, and it will pay off down the road. It was announced in October that every member of the 85-man football roster would have their pick of two vehicles.
Lastly, this is a great look for the Utah program. If anything, this could lead other collectives to follow suit, upping the NIL competition.