Azzi Fudd: how I learned to use NIL for transformation, not just transactions | Fortune
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Azzi Fudd: how I learned to use NIL for transformation, not just transactions | Fortune
"NIL has grown into a billion-dollar market, yet most partnerships often follow a familiar pattern of short-term brand endorsements. Five years in, and I've seen how easy it is for NIL to turn into a cycle of quick deals and short-term wins."
"NIL shouldn't just be about monetizing attention. It should be about building something that lasts. Early on, I thought the best opportunities were the biggest ones or the ones everyone else could see."
"That's what made my time with Madison Reed so meaningful. It wasn't just about partnering with a brand; it was about being in the room, receiving equity in the business and having an opportunity to potentially become one of the brand's first franchisees."
The NCAA's NIL rule changes have transformed the landscape for student athletes, creating a billion-dollar market. However, many partnerships focus on short-term endorsements. Women athletes, despite significant engagement, represent only 32% of NIL submissions. The emphasis should shift from merely monetizing attention to building lasting relationships. A personal journey reflects a shift in mindset towards valuing experiences that foster growth and ownership, exemplified by a meaningful partnership with Madison Reed that offered equity and potential franchise opportunities.
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