NIL Command is the fiduciary rating authority for college athlete investment risk. We don't advise programs. We don't represent athletes. We rate assets — with the rigor capital markets demand and NIL has never had.
NIL Command does not advise on deal terms, represent programs, or accept fees from rated parties.
NIL Command operates under a strict conflict-of-interest firewall. We do not accept fees from programs, collectives, agents, or athletes being rated. Our ratings exist to protect capital markets — not to serve any party to a transaction.
The NIL market has matured into a capital market — with the deal volume, legal complexity, and IRS scrutiny to prove it. The infrastructure hasn't kept up.
Three proprietary systems inside every rating. Together they produce the only NIL valuation model built on the same rigor as capital market due diligence.
Most NIL decisions are made on: scouting reports, social media, and regional reputation.
53% of NIL valuation variance is driven by non-athletic factors. The programs losing money in the portal aren't losing it because their scouts are bad. They're losing it because they have no framework for the other half of the decision.
Three stages. Every covered player goes through all three — in the same sequence, with the same rigor, every time.
The Field Scout runs automated research across public data, game film, and performance databases. Four specialist agents — Scout, Profiler, Accountant, Compliance Officer — run sequentially, each building on the last. No agent sees the previous verdict until after it runs. No confirmation bias.
Performance (45%), Market (25%), Brand (20%), and Risk (10%) are scored independently and weighted into a composite. The Mercenary Score engine runs its psycholinguistic analysis in parallel. CPWS is calculated against the efficient benchmark of $218K/WS. A classification is assigned. The verdict is final.
The Verdict agent produces a final report — FMV range, compliance documentation, IRS §4958 memo, asset class designation, and deal structure recommendations. The report is timestamped on issuance and archived permanently. Every prediction is on record. Outcomes are tracked against it.
Read the complete research paper behind the NIL Command rating engine — empirical validation, the CPWS framework, and the full scoring methodology — published on SSRN.
Any firm can produce an analysis after a deal is signed. The only measure that matters for a rating authority is whether the rating was issued before the outcome — and whether it was correct.
The Holt rating was issued 81 days before Arizona signed him. Six independent predictions were embedded in that report. All six confirmed. This is the foundation of what a fiduciary standard requires: a verifiable track record with timestamps, not retroactive analysis.
This is Case Study 001. The validation library grows with every portal window. Every rating NIL Command issues is timestamped, archived, and tracked against real-world outcomes.
NIL Command is not a per-report service. Subscribers access an ongoing, independent rating network with new ratings issued continuously through each portal window.
Annual subscription · Partner referral required
Annual subscription · Direct intake process
Custom contract · Enterprise intake only
NIL Command operates by referral and direct intake only. Submit your institution's email to begin the access request process.
White-glove intake. No automated onboarding. Every subscriber reviewed.