TMG provides student athletes and universities with a means of regulation for Name, Image, and Likeness (NIL)
Miami, Florida (May, 2024) – Basepath, the leading NIL operations software company for collectives, universities, and student athletes has been chosen as the exclusive service provider for Teplitzky Management Group (TMG), a sports management group dedicated to guiding high school, collegiate, and professional athletes towards sustainable financial and professional success.
TMG’s recent partnership with Western Illinois University signals their expansion into Division I athletics, with plans to extend their reach to Division II and III with their cutting edge NIL solution service product, TMG Official. TMG Official uses Basepath to provide student athletes with a platform that allows student athletes to leverage university IP, such as logos and marks, in their NIL promotional activities. TMG Official allows sponsors to select a pricing tier and receive a designated number of promotional activations from student athletes. Athletes are encouraged to create and share content in their uniforms, at facilities, and on campus, provided they include the TMG Official watermark on their deliverables to signify university, sponsor, student athlete, and TMG approval.
Basepath serves as an integral part of TMG Official’s operations, facilitating the execution of deals and providing athletes with a digital platform to manage their endorsements effectively. Basepath’s NIL operations software streamlines tasks such as contract management, financial reporting, and content distribution, leaving athletes more time to focus on their athletic and academic endeavors.
“Through Basepath, we will be able to efficiently organize student athletes’ activities, which will help streamline NIL as a whole,” said TMG Founder and Chief Executive Officer Jake Teplitzky. “Basepath and TMG share a commitment to ensuring student-athletes are well-prepared for their futures by equipping them with the tools they need, to help them navigate the evolving landscape of collegiate athletics.”
TMG’s mission centers around providing comprehensive and professional guidance to athletes at all stages of their careers. TMG’s range of services includes assisting athletes with endorsement opportunities, interview training, engagement opportunities, NIL education, NIL program development, and brand building.
Basepath provides financial and operational infrastructure for streamlining an NIL ecosystem for student athletes. The platform redefines college athlete payments, streamlining tasks, ensuring prompt and accurate compensation, and enhancing transparency for athletes and administrators alike.
“We are excited to join forces with TMG to provide athletes with the resources they need to succeed on and off the field,” said Co-Founder and CEO of Basepath Thomas Thomas Jr. “TMG’s dedication to guiding athletes towards sustainable success resonates with our vision of fostering informed and empowered athletes in the NIL era.”
Basepath also offers a Wallet feature for student-athletes. With many NIL marketplaces and businesses paying athletes, a lack of NIL deal disclosures has become a pain point for many in the industry. The Basepath wallet increases disclosure rates by allowing administrators data on their athletes’ income and NIL deals. The wallet consolidates all NIL deals in one place, which improves financial control and estimates 1099 contractor taxes.