NORFOLK, Va. — Old Dominion University announces the launch of Monarch Exchange, a groundbreaking initiative designed to empower student-athletes and revolutionize the way they navigate the burgeoning landscape of Name, Image, and Likeness (NIL) opportunities. This exciting development is part of an expanded partnership with Teamworks, offering a comprehensive suite of integrated software solutions that encompass scheduling, content management, personal branding, academic advising, compliance, and now, an innovative NIL exchange powered by INFLCR.
"In our pursuit of establishing ODU as a leading athletic department in the Sun Belt, it is paramount that we provide the essential infrastructure to support our student-athletes in the dynamic world of NIL," emphasized Dr. Ron Moses, Executive Senior Associate Athletic Director at ODU. "The Monarch Exchange is the cornerstone of this framework, enabling our student-athletes to amplify their personal brands and seize NIL opportunities in the evolving landscape of Division I athletics."
Monarch Exchange, fueled by INFLCR, reimagines the way student-athletes and interested businesses or individuals connect within the NIL domain.
"The Monarch Exchange is a significant development for Old Dominion University student-athletes," said INFLCR General Manager Sean Kelly. "We are excited to see how opportunities within the Exchange enable ODU athletes to monetize their brand and pursue NIL deals at a larger scale."
Accessible to entities nationwide, including hometown supporters of ODU student-athletes, participation in Monarch Exchange comes at no cost. Interested parties can register and explore opportunities by clicking here.
ODU's student-athletes gain effortless entry to Monarch Exchange through their personalized INFLCR app, while businesses and individuals can engage seamlessly via INFLCR's web platform on any device.
In a testament to ODU's commitment to their student-athletes, INFLCR ensures that no transaction fees are levied, guaranteeing that student-athletes retain 100 percent of their earnings.
Upon gaining approval to join Monarch Exchange, registered businesses or individuals can efficiently search, filter, and initiate direct conversations with student-athletes to explore NIL collaborations. Student-athletes are also empowered to take the lead by initiating conversations with registered parties themselves.
As NIL agreements reach fruition, businesses and individuals can securely process payments directly to student-athletes through Monarch Exchange, providing a trustworthy and efficient platform for all stakeholders.
The introduction of Monarch Exchange underscores Old Dominion University's unwavering commitment to fostering a supportive environment for student-athletes and equipping them to thrive in the ever-evolving realm of collegiate athletics.
For further information on Monarch Exchange and details on participation, click here.
About Teamworks
Teamworks, the Operating System for Sports™, powers more than 6,000 sports organizations around the world, including collegiate athletic departments, teams across all major professional leagues, and Olympic and National Governing Bodies. The Teamworks' product suite provides specialized applications to support each stage of the athlete lifecycle, all available through an integrated operating system. Based in Durham, North Carolina, and founded in 2004, Teamworks continues to expand its global presence with employees across ten countries and offices in London, England and Brisbane, Australia. Visit teamworks.com to learn more.
About INFLCR
INFLCR, available on Teamworks' Operating System for Sports™, is the leading athlete brand-building and NIL business management app for over 270 elite collegiate and professional sports organizations. The INFLCR athlete app educates student-athletes, coaches, and staff for the NIL era in a safe and compliant environment, all powered by best-in-class content delivery for student-athletes to access and share content to their social media channels. The INFLCR platform also includes the impactful INFLCR Local Exchange, a school-customized NIL exchange where schools can direct businesses, collectives, and fans seeking to find, communicate with, pay, and report NIL transactions with student-athletes. The INFLCR Local Exchange maximizes the student-athlete wallet share while streamlining compliance and tax reporting responsibilities. To learn more about the INFLCR Local Exchange, please visit teamworks.com/inflcr
Old Dominion Announces Partnership with Teamworks
