Overlapping roles confuse athletes entering college or the portal.
Agents
Negotiate third-party brand deals, often multi-school or national. Must register in states requiring agent licensure. Typically paid via commission.
Collectives
Pool donor funds for school-focused activations. Should not unlicensed-negotiate national brand deals requiring agent registration where applicable.
Universities
Disclosure, education, sometimes marketplaces — not agents or collective managers.
Coordination
Athletes should loop agents and compliance into collective deals affecting exclusivity or time commitments.