The golden goose is no more.
www.mlive.com
A name, image and likeness deal that paid more than 100 Michigan State athletes thousands of dollars a year is coming to an end.
United Wholesale Mortgage and founder Mat Ishbia areending their NIL deal with Michigan State football, men’s basketball and volleyball players at the end of June, according to a letter recently sent by the company to MSU players.
The company cited Ishbia’s purchase earlier this year of the NBA’s Phoenix Suns and WNBA’s Phoenix Mercury as the reason for ending the program.
“As an owner of two professional sports teams, it was asked that Mat/UWM discontinue this NIL partnership to avoid any actual or perceived conflict of interest,” according to the letter, which does not specify the entity that asked for the termination of the deal.
Michigan State NIL deal ending after Mat Ishbia’s purchase of Phoenix Suns
A program that paid Michigan State football, men's basketball and volleyball players is coming to an end
www.mlive.com
A name, image and likeness deal that paid more than 100 Michigan State athletes thousands of dollars a year is coming to an end.
United Wholesale Mortgage and founder Mat Ishbia areending their NIL deal with Michigan State football, men’s basketball and volleyball players at the end of June, according to a letter recently sent by the company to MSU players.
The company cited Ishbia’s purchase earlier this year of the NBA’s Phoenix Suns and WNBA’s Phoenix Mercury as the reason for ending the program.
“As an owner of two professional sports teams, it was asked that Mat/UWM discontinue this NIL partnership to avoid any actual or perceived conflict of interest,” according to the letter, which does not specify the entity that asked for the termination of the deal.