We Are NIL emphasizes the future of Penn State’s athletes, as the collective offers insurance to players, so it sets them up for success should something happen to them during their playing career. “What if the guy is banking on the next level and something happens? If you start out with a half a million dollars in your pocket as a 21, 22-year-old college student, guess what? You’ve got a really nice start on life,” Krentzman said.

Instead, We Are NIL is now working to offer football players permanent total disability insurance. When the collective re-launched earlier this month, it was believed to be the first to buy disability insurance for athletes. Right tackle Caedan Wallace was the first player to be insured through the collective. Safety Ji’Ayir Brown has done work through the collective but was already insured separately, said Michael Krentzman, founder of We Are NIL.

While NIL collectives continue to pop up across the country, there is one in State College that is taking a different approach. The ‘WE ARE…’ Collective, formerly known as the Nittany Commonwealth, is finding its own lane within the space.

Penn State football players will benefit from a new booster-driven collective known as “We Are NIL,” which intends to provide the team’s top performers with rare permanent disability insurance.

Now, through the We Are NIL Collective, Penn State players are covered by insurance in case of a devastating injury. The collective has agreed to offer disability insurance to players on the Penn State football team. The organization hopes to raise between $6-10 million in funding.

The “We Are NIL” collective purchased permanent total disability insurance for Penn State football offensive tackle Caedan Wallace, as announced by the group in a press release Tuesday.

A name, image, and likeness collective at Penn State, called We Are NIL, could potentially be a model for offering one of the most important benefits to football players: disability insurance.

The WE ARE... Collective announces the signing of Penn State safety Ji’Ayir Brown as part of its targeted efforts to attract the...

State College, PA: In response to the opportunity of collegiate Student Athletes to benefit financially from the use of their...