Welcome to the RAMBLER Local Exchange
Connect and work with athletes from
Loyola University Chicago
What is the RAMBLER Local Exchange?
The Loyola University Chicago RAMBLERExchange is a student-athlete NIL business registry, custom-designed for businesses, donors, alumni, and any other interested NIL dollars wishing to connect with student-athletes. Registered businesses can search, filter and initiate conversations with your student-athletes to discuss an NIL deal. Once the NIL deal between a registered business and your student-athlete is completed, the business will use the RAMBLER Exchange to create a transaction that will produce a direct payment to the student-athlete and automate a disclosure to the INFLCR Verified Compliance Ledger. The institution does not have to get involved in the deal, and all transactions within the exchange are consolidated into the compliance ledger for the school's review. 1099-K's are also sent to the student-athletes who meet the IRS threshold for third party payment reporting requirements.
What is Name, Image & Likeness?
As of July 1, 2021, student-athletes competing in NCAA intercollegiate athletics are permitted to receive compensation for the use of their name, image or likeness (NIL) for commercial activities, including endorsements through traditional and social media, appearances, entrepreneurial activities, in-kind deals, autographs and more, in accordance with NCAA guidelines and Loyola University Chicago NIL protocols.
Does the state of Illinois have an NIL Policy?
Yes. For an overview and FAQ of the state law, CLICK HERE
Can a University employee or coach help arrange a deal for an athlete?
No. University employees, including coaches and members of the athletics department, CANNOT negotiate deals or contracts. However, they can direct student-athletes to NIL related opportunities on the "RAMBLER Exchange"
Does the school or INFLCR take any revenue from NIL transactions in the Local Exchange?
Do you have to be an official university licensee to register?
No, but businesses will not be permitted to use university marks without Loyola Athletics' approval. All requests will be considered individually and may not be approved. Use of Loyola marks may also require the vendor to secure an official Loyola license through our licensing agent, The Collegiate Licensing Company. To learn more, CLICK HERE. Loyola will not consider requests from companies that are direct competitors of our current sponsors. If you have any questions regarding use of marks or the license process, please contact Tom Sorboro, Sr. Associate Athletic Director, at firstname.lastname@example.org.
Who approves your request to register?
Loyola Athletic’s NIL Working Group considers all requests. If you have any questions regarding your approval, please contact Tom Sorboro, Sr. Associate Athletic Director, at email@example.com.
How will I know when I am approved?
You will receive an email from Loyola Athletics verifying your approval. There is no specific timeline for verification approval as all inquiries are handled individually.
When can I start contacting athletes and processing payments?
After being approved by the school, you will be able to contact athletes and process payments.