Cherry enters the endorsement game, scoring NIL deals that also boost female college athletes

January 3, 2023  |  Nikki Overfelt Chifalu

S’mya Nichols, KU-bound Shawnee Mission West athlete

Partnering with college athletes is a natural elevation of sports apparel company Cherry Co., said Thalia Cherry.

The KC-based brand signed agreements with 18 athletes for NIL (name, image, likeness) endorsement deals, shared Cherry, founder and CEO.

Thalia Cherry, Cherry Co.

“It’s a perfect alignment,” she continued. “We were already working with professional athletes in some capacity. So when the NIL opportunities came available and the restructuring of the policy it was just a win-win for us.

“We really focus on building and elevating athletes through our product, so it was a natural fit.”

In June 2021, according to the NCAA, the governing body of college athletics adopted an interim policy that allows college athletes the opportunity to profit from the use of their name, image, and likeness — although state laws must be followed.

Cherry — who received the KC Innovator Award from Junior Achievement in 2021 and was named to the EBONY Power 100 List in 2020 as a community crusader — said Cherry already has partnered with female and male student athletes at such schools as the University of Kansas, Kansas State University, the University of Missouri, and the University of South Carolina.

Click here to shop new arrivals from Cherry Co.

With a woman-owned company and as a former college athlete herself, Cherry added, she is especially passionate about elevating female athletes. She played volleyball and softball at Bethany College in Kansas.

“I wish it was there and available when I was an athlete,” she said. “I read a white paper early on — when NIL was even in the preliminary stages — which I thought was pretty interesting. It (predicted) that, for female athletes, there will be more equity than any other time within the sports realm.”

According to Opendorse, a NIL technology company, women’s basketball is ranked third behind football and men’s basketball in the top sports by NIL compensation.

Two of Cherry Co.’s major deals with athletes include S’mya Nichols, a five-star basketball player at Shawnee Mission West who has committed to KU, and Serena Sundell, a K-State basketball player from Maryville, Missouri.

“Male athletes are still (entering contracts where) the dollar amount is larger, but more females are receiving opportunities than males,” Cherry added. “I think it’s gonna be intriguing to see some full data because it’s still in the early stages. (Will) it really, truly prove that the White Paper was accurate – that this will create equity for female athletes? … I think it’s gonna be intriguing to see where this all lands. It’s just beginning.”

The NIL partnerships provide female athletes — no matter their sport — an opportunity to pursue their dreams of elevating their own personal brands, Cherry noted. But she sees potential that goes beyond athletics, such as leveraging their resources and network to make connections for athletes in certain career fields.

“Just what really sets us apart is that we really work on developing the whole person and really helping to elevate their goals and aspirations and dreams beyond the sport,” she continued. “I’ve been around the industry long enough to know that that is uniquely different than other companies. Because we really care about them and what their goals and aspirations are.”

On top of benefiting college athletes, Cherry said, NIL partnerships can also benefit smaller sports brands like Cherry Co., which currently sells merchandise at the Made in KC Plaza and Lenexa locations, Halls at Crown Center, and online.

“I think it also gives the opportunity for businesses that are not on the scale of a Nike or Adidas to really enter into the market to really expand their brand,” she added.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , , ,
Featured Business
    Featured Founder

      2023 Startups to Watch

        stats here

        Related Posts on Startland News

        Passing the keys, passion: How a new wave of small biz owners plan to preserve beloved local brands

        By Tommy Felts | March 28, 2024

        Some have been customers; some employees. Now they’re the new owners of popular local restaurants and retail shops. As founders step aside, fresh sets of entrepreneurs step up in hopes of carrying on the goodwill and loyal following these brands have built up, some for decades. John McClelland and his brother-in-law, Johnathan Griffiths, work together…

        Topping expectations: These brothers helped expand Pizza Tascio to 8 locations; now they’re taking over

        By Tommy Felts | March 28, 2024

        Erik Borger hired all three Lombardino brothers in their teens, starting them out as dishwashers at his restaurants in St. Joseph, Missouri.  They quickly took on other positions — front of house, staff scheduling, food and beverage orders and deliveries, and hiring and firing workers. If an employee didn’t show up for a shift, they…

        Nell Hill’s founder returns to retail with ‘this little secret’ — a micro shop with an old-fashioned, in-store experience

        By Tommy Felts | March 28, 2024

        Mary Carol Garrity’s last home furnishings store was 18,000 square feet. Her new one? A “petit bazaar” at just 400. Garrity is teaming up with longtime friend, Rebecca Wood, on diebolt’s in Midtown’s Gillham House Antiques & Furnishings. The shop, which is scheduled for an April 19 soft opening, is expected to offer a “fun…

        Urban designer behind Royals’ Crossroads ballpark pioneered the modern MLB stadium (and he has the bats to prove it)

        By Tommy Felts | March 27, 2024

        It’s difficult to find a Major League Baseball stadium that Earl Santee hasn’t influenced with his philosophy of community-oriented design. Called the “Godfather of ballparks,” Santee — the recently named CEO of Populous and literal architect of the proposed Kansas City Royals ballpark district in the East Crossroads — either designed or renovated two dozen…