About Honorarium NIL
Honorarium Believes All College Athletes Should Have the Ability to Benefit from Their Name, Image, and Likeness!
A fan can grant an Honorarium to an athlete or team for content. The Honorarium is then given to the athlete or team at a given school on the Honorarium platform.
How Honorarium Works
Fan likes content on Honorarium
Fan sends an Honorarium of their discretion to their favorite college athlete or team for their content
Honorarium is received.
A percentage of each Honorarium is given to the honored athlete on the platform
Payment of the previous month’s earnings is sent each month within 5 days following the first business day of the month*
What is an Honorarium?
Definition of Honorarium: A payment given for professional services that are rendered normally without charge.
Honorarium’s Vision
Democratize financial compensation among college and Olympic athletes to maximize earning potential.
Honorarium’s Mission
Leverage technology to expand financial opportunities for athletes by building the world's largest interactive community of athletes and their fans.
Fan Tiers
Silver
Fans granting Honorariums between $5.01 and $19.99 at a time.
Gold
Top fans granting Honorariums of $20 or more at a time.
Bronze
Fans granting Honorariums up to $5 at a time.
Benefits
Every college athlete on the Honorarium platform has the potential to make NIL dollars.
D1, D2, D3, and Club/Varsity athletes can use Honorarium.
Build Community!
Fans can help with spending money, bills, food insecurity, student debt, and other social issues facing college students.
NCAA NIL Compliance
Honorarium is a professional service provider (as defined by the NCAA) offering a social platform that provides college fans with a more immersive game-time experience, by giving them the ability to interact with, honor and pay their favorite college athletes in exchange for their content on the Honorarium platform. To satisfy the NCAA's NIL Quid Pro Quo each Honorarium athlete must execute their Universal Honorarium NIL Content Provider agreement and actively engage with fans and upload content to Honorarium.
Honorarium’s Student-Athlete Guide
*Payment Payout Threshold
There is a student-athlete minimum payment payout threshold of $20.00. Each athlete will be paid monthly if their Honorarium Scoreboard reaches $20.00. If the minimum threshold has not been met, their earnings will roll over each month until the threshold is met. Once their threshold has been met, payment will be sent the following month or at the end of each calendar year.
Compensation
For each Honorarium, the “Honored” registered student-athlete receives 85% of the Honorarium, and Honorarium, Inc. receives 15%.