Harry Geller is perfect for this.
The Class of ’81 graduate has turned his career-long talent for entrepreneurship into a vital program of assistance for the Maryland men’s basketball team. He is the driving force behind the Turtle NIL collective and the Turtle Athletic Foundation – both programs designed to provide for Name, Image and Likeness funding for student-athletes.
For the past two seasons, collegiate student-athletes have been able to receive money for use of their name, image or likeness from businesses, community service projects, merchandise sales or other opportunities. The NCAA has mandated that university athletic departments must not be involved in soliciting funds or the management of these programs.
This is where an expert and 30-year Terrapin Club member like Geller becomes so valuable. Having founded more than a dozen multimillion-dollar companies, he was an entrepreneur-in-residence at the Robert H. Smith School of Business’ Dingman Center for Entrepreneurship.
“When the NCAA announced the opening of the Name, Image and Likeness program for amateur athletes, Coach (Mark) Turgeon said he didn’t know how to manage this,” said Geller. One of Geller’s most popular lecture series was how to start a business in three days for less than $1,000.
“I talked with Coach and said we should just form a direct marketing agency, and I could put this thing together in three days. I knew I had to put my money where my mouth was. In three days we had the URL, the trademark, the IRS number and the website.
“Our initial thought with Turtle NIL (www.turtlenil.com) was we would raise some funds from the very engaged boosters, particularly in basketball,” Geller said. “We would use that money to help find marketing deals for the players where they could capitalize on their name, image and likeness.”