Rick Ricart’s suburban Columbus, Ohio car dealership has been family-owned for nearly seven decades, but during that lengthy stretch of time, Ricart Automotive had never partnered with an athlete at any level to be a pitch person for its vehicles.
“I thought to myself, ‘This is the No. 1-rated recruit in the history of (Ohio State),” says Ricart. “With a generational talent, and the potential that (Ewers) has and what he can do for this city — national championships, Heisman Trophy race, and the impact he can have on the community with his influence and his outreach… He’s a good representation for our brand and the university.”
Ewers, 18, has yet to take a snap for the Buckeyes this season, and is below starter C.J. Stroud, and Buckeye quarterbacks Kyle McCord and Jack Miller III on the depth chart. But Ricart says after the NCAA changed its rules on name, image and likeness (NIL) policies earlier this year — allowing college players to profit from NIL deals — he took the leap to try and capitalize on a unique partnership opportunity.
“I said, ‘What does Quinn drive?’” says Ricart, referring to the phone call with Ewers’ father. “‘How would he like to drive a 2020 Ford F-250 when he gets to Columbus?’ I offered Quinn the use of the vehicle for three years.”
Ewers, in turn, agreed to partner with Ricart Automotive, and in late August, Ricart posted to his Twitter account a video of him and his new pitchman driving around in Ewers’ shiny white Ford pickup. Ricart even dons a wig in the clip to match Ewers’ now-famous blond mullet.
The Ricart Automotive partnership is just one example of what the future looks like, from a business perspective, for amateur athletes, after decades of NCAA policy prevented college stars from being able to monetize their NIL rights. A Supreme Court ruling earlier this summer opened the door to massive change for amateur athletes and how they’re compensated. And while business owners like Ricart are entering a brave new endorsement world — Ricart calls it the “wild west” — forging deals now while the NIL market is still in its infancy may be the smarter strategy.
“Who knows where the NIL market will go? Some players are only willing to do one-year deals,” says Ricart. “But come the offseason and an opportunity arises, big auto manufacturers get involved, the local dealer might get washed out.”
“These athletes are the cream of the crop, players that have the recruiting grade, beyond-the-field performance, the social media following,” says Ricart. “From a marketing standpoint, these will be desirable individuals for companies that want to partner in the future.”
“Definitely getting our foot in the door and at least establishing that initial relationship (with Ewers) has already proven to have some of those residual effects,” says Ricart.
Ewers, Henderson and Wilson have a combined 95,000-plus Twitter followers, one layer of many marketing strategies Ricart says a business needs to consider when formulating these partnerships.
“I sat down and thought, ‘What makes sense for a car dealership to truly do a partnership like this from a business standpoint?’ There’s media attention, social media posts,” says Ricart. “You almost have to think about it as the level of influence and marketing and what the growing rate would be. What’s the value of the vehicle, the value of appreciation, and the return on that investment when it comes back to us?”
And there is the gamble a business takes on the individual athlete, as well. Ricart says Ewers checked off all the important points in the character department. Now it’s a wait and see game, and what the young quarterback may achieve on the gridiron when that chance finally comes.
“I knew it would be a waiting game with Quinn. But at the same time, to be able to form a partnership with him early, help build his brand, and have him start being able to do good things in the city and community is important,” says Ricart. “A lot of companies are sitting back watching the (NIL) storm unfold. We decided to saddle up, jump in the middle of it. I’m going to ride this thing out, and have a whole lot of fun.”
Source: Forbes
This post was tagged in: ncaa, college football, nil, quarterback
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