In an effort to improve financial literacy, Hofstra and The Athlete Amplifier have partnered for a landmark name, image and likeness (NIL) agreement that will benefit all 46 members of the men's lacrosse team.
Every team member will receive financial compensation from The Athlete Amplifier, which was founded by 1981 Hofstra graduate Joe Rinaldi, who played football at Hofstra in 1978 and 1979, and Cheryl Weaver-Ewing, wife of NBA Hall of Famer Patrick Ewing.
His son, Anthony Rinaldi, is a redshirt freshman on the Pride.
In addition to the NIL deal, every team member will work with Quantum Financial Advisors to open a new investment account through Charles Schwab & Co.
"It was incredibly important to our program that every student-athlete was treated equally and received the same opportunity," Hofstra head coach Seth Tierney said.
The Athlete Amplifier was founded to analyze emerging marketplace trends and offer solutions for high school and college student-athletes looking to leverage NIL opportunities.