'Player's Bracket' is a new app created by Fanstreme that allows fans to donate money to their favorite college athletes. While universities make a great deal of money from advertising, ticket sales and other events involving college athletes, the players themselves do not earn a dime. This app allows players to collect money from fans who want to financially support the college athletes.
Player's Bracket is an app that essentially functions as a sponsorship machine for college athletes. Fans simply choose their favorite player and select how much money they wish to donate. The donations are then held in a trust until after the player has graduated college. Alternatively, players can choose to have the money donated to a charity in their name.
The app ultimately serves as a way to combat the ongoing issue of how college athletes are compensated for their efforts.
College Athlete Payment Platforms
The Player’s Bracket App Lets Fans Donate Money to Athletes
Trend Themes
1. Fan-sponsored College Athletes - A trend in which fans have the ability to directly support their favorite college athletes financially, through platforms like the Player's Bracket app.
2. Disruptive Sponsorship Models - A trend in which innovative platforms like Player's Bracket are disrupting traditional sponsorship models in college athletics.
3. Financial Empowerment of College Athletes - A trend towards empowering college athletes to earn money through fan donations, providing a potential solution to the issue of college athlete compensation.
Industry Implications
1. Sports Technology - The sports technology industry can explore opportunities to develop and enhance platforms like Player's Bracket that facilitate financial support for college athletes.
2. Digital Payments - The digital payments industry can benefit from partnering with platforms like Player's Bracket to streamline the donation process and ensure secure transactions between fans and athletes.
3. Collegiate Athletics - The collegiate athletics industry should consider embracing disruptive innovations like the Player's Bracket app to address the long-standing issue of compensating college athletes.