UNDER CONSTRUCTION...UNDER CONSTRUCTION
UNDER CONSTRUCTION...UNDER CONSTRUCTION
DU Lacrosse Corp. raises money to provide community-based NIL opportunities to lacrosse student-athletes. The organization and its contributors are primarily DU Lacrosse alumni, DU Lacrosse fans, and parties interested in the westward expansion of lacrosse opportunities. DU Lacrosse Corp. is a proud founding member of the Crimson & Gold Collective that helps facilitate NIL contracts and provides educational resources to student-athletes regarding NIL.
Crimson & Gold Collective is a shared services entity used by the various DU sport members. It is a collection of DU supporters providing advice and expertise primarily pro-bono. The collective facilitates NIL contracts and provides education to student-athletes on NIL. DU Lacrosse Corp. is a member of Crimson & Gold Collective LLC.
Basically none. Contributions to Crimson & Gold Collective designated for "Men's Lacrosse" are transferred straight to DU Lacrosse Corp. minus any credit card or bank fees. It is preferred and recommended that contributions exceeding $1,000.00 be mailed to, ACH transferred to, or wired to DU Lacrosse Corp.
The bylaws of DU Lacrosse Corp. require funds to be donated to The University of Denver Men's Lacrosse Fund upon the dissolution of the organization.
In contrast to the multi-million dollar deals you may have heard of in the news, DU Lacrosse Corp. and the Crimson & Gold Collective are not in the business of making student-athletes rich. Payments are intended to help student-athletes balance their academic and athletic responsibilities and to offer a campus experience commensurate with other students at the University of Denver.
Activities include working for local non-profits, running lacrosse camps, and other community-building efforts right here in Denver. We also offer the opportunity to promote your business. Potential services include product promotions, event attendance, social media posts, ambassadorships, and more.
We understand the frustration with the NIL landscape, but it’s clear that these new rules are here to stay. Under this reality, DU Lacrosse Corp. and the Crimson & Gold Collective offer fans and alumni of University of Denver athletics an avenue to level the playing field and make a difference in the lives of our athletes.
100% of funds contributed to DU Lacrosse Corp. benefit the men's lacrosse program.
Yes, student-athletes can still receive scholarships if they earn money through NIL opportunities, as long as they comply with NCAA rules and regulations.
Yes, as of July 1, 2021, it is legal for student-athletes to monetize their personal brand and image under NCAA rules and regulations, as long as they comply with the guidelines and restrictions.
Student-athletes may only be compensated for activities of value. These activities can include ambassadorship, sports camps, clinics, autograph signings, merchandise sales, event attendance, product licensing, social media posts, and other similar endeavors.
Contributions to DU Lacrosse Corp. or the Crimson & Gold Collective are not tax deductible. Both organizations have taken a conservative approach to the rapidly evolving NIL space and are for-profit entities from the IRS's perspective. Both entity's bylaws require funds only be allocated to promoting DU sports. DU Lacrosse Corp. bylaws require the promotion of DU lacrosse.
We are diligent in reminding donors that NIL funding should be in addition to donations to the University of Denver and the Pioneer Athletic Fund. We work closely with the university to ensure we are adding value to our athletic programs, and not diminishing university resources.
Following NCAA rules and regulations, the DU Lacrosse Corp. remains an independent third party that collaborates with DU student-athletes but is not affiliated with the university.
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