University of Arizona sports fans now have two more ways to help compensate Wildcat athletes.
The school’s athletic department, having already committed to paying all its eligible athletes an extra $5,980 a year in academic-related bonuses starting this fall, announced Thursday it has established the 5980 Fund to help. The UA's Wildcat Club developmental arm is seeking donations for the fund.
People are also reading… All power-conference programs are expected to pay the maximum academic bonuses on top of scholarships and cost-of-attendance stipends in order to remain competitive. Mississippi was the first school to begin payments after the June 2021 ruling, according to Sports Illustrated, while similar vehicles such as Oklahoma State’s POSSE Star Fund have been established to cover the cost of the payments.
For similar reasons, the bonuses aren’t likely to be tied to a particular grade-point average but instead paid fully toward those who are remaining eligible and working toward a degree — so that a recruit can’t be offered a more generous potential bonus somewhere else. Arizona established an in-house NIL platform called Arizona Edge that provides education about NIL and a marketplace portal to find opportunities, while two external outfits have also sprung up: Friends of Wilbur and Wilma and the Arizona Assist club.
Having already reported arranging more than 350 transactions for UA football players, Friends of Wilbur and Wilma announced along with the BPS Foundation a partnership that is intended to expand opportunities for UA athletes with charitable organizations. The BPS Foundation said it has qualified for Section 501 status, one of the first NIL organizations to have received a federal tax exemption.
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