NEW YORK, NY & CHARLOTTESVILLE, VA (APRIL 25, 2022)
– FanJolt, a new experiential platform creating memorable interactions between fans and a curated list of premier talent to support their favorite causes, and Cav Futures, a Virginia non-stock corporation providing an inclusive marketplace for University of Virginia athletes to capitalize on their Name, Image, and Likeness (NIL), have partnered to develop the app’s channel dedicated to college student-athletes. Cav Futures is the first national NIL collective to join the FanJolt platform.
Since July 2021, the NCAA has allowed college athletes to benefit from their name, image, and likeness in a manner consistent with applicable laws and regulations. Federal NIL legislation has been introduced but not yet passed by Congress. NCAA rules and penalties around avoiding “pay-for-play” scenarios and improper inducements to student-athletes tied to choosing to attend a particular university remain in effect.
FanJolt connects its users with top names in sports, business, music, social media, comedy, and pop culture.Aaron Judge, Annika Sörenstam, Ashanti, Chevy Chase, Daymond John, Jewel, Kevin O’Leary, Rafael Nadal, Taylor Heinicke are among stars on the app’s inaugural roster.
Organizations supported by FanJolt include the Rafa Nadal Foundation, Aaron Judge’s #AllRise Foundation, Patrick Mahomes’ 15 and the Mahomies Foundation, Tua Tagovailoa’s Tua Foundation, and Jewel’s Inspiring Children Foundation, with more to be identified by participating talent.
About FanJolt
FanJolt is the ultimate destination for live access and to create memorable moments between fans and their favorite celebrities in sports, music, entertainment, and pop culture while supporting important causes. The new FanJolt app creates the most direct encounters with celebrities at every price point, including live broadcasts, social media follows, and recorded videos, with one on one video chat requests coming soon. Deriving its name from one of its unique features, FanJolt offers broadcast participants the special opportunity to be “Jolted” on screen for a one-on-one conversation with their favorite celebrity. A full talent list can be found at FanJolt.com or on the FanJolt app available at the Apple App store. FanJolt also allows talent and fans to engage to serve the greater good, with a portion of the proceeds from identified experiences going to philanthropic causes through the FanJolt Foundation, a fiscally sponsored project of the Player Philanthropy Fund, a 501(c)(3) tax-exempt organization.
About Cav Futures
Cav Futures is a not-for-profit organization helping University of Virginia student-athletes capitalize on their Name, Image, and Likeness (NIL) and offer a university, state, federal, and NCAA-compliant marketplace for sponsors to engage. The collective provides long-term support of community activism, marketplace education, career development, and professional networking. See how UVA is manifesting the NIL future at cavalierfutures.com.
