STATESBORO, Ga. — Georgia Southern University Athletics has announced a partnership with Scout, the fintech company built for athletes and athletic departments. The Eagles will use Scout Command to process revenue share and per diem payments to their athletes.
Athletic departments now pay their athletes in several different ways, and each type of payment has its own rules, schedule and paperwork. For many schools that means a separate process for revenue share and another for per diem, often run out of spreadsheets. Georgia Southern wanted all of it in one system, with a record of every dollar from the time it is committed to the time it is paid.
Scout Command gives the Georgia Southern business office one place to approve payments, track the cap and see what has been paid and what is still owed across all payment types. Roster planning, contract management and a tax center sit in the same platform, so a commitment made to an athlete and the payments that follow it stay connected.
“We’re excited to join forces with Scout, a leader in this new era of college athletics,” said Matt Varnadoe, Senior Associate Athletic Director and CFO at Georgia Southern University. “Their platform brings all the tools, systems, and reporting into one place and we’re thrilled to work alongside the Scout team.”
“Departments are paying athletes in more ways than they were two years ago, and most are doing it with tools that were never built for it,” said Michael Haddix Jr., CEO and Founder of Scout. “Georgia Southern wanted a partner that focuses on finance as their core competency. That is what Scout Command brings to the table and we’re glad to be working with another Sun Belt program.”
On the athlete side, every Eagle gets the Scout app. That is where their payments arrive and where they file taxes, set money aside, invest and set up an LLC if they need one. Scout’s support team is available around the clock, and athletes can reach Scout’s tax and accounting staff directly.
Georgia Southern is one of more than 40 schools working with Scout on athlete payments, taxes and financial education.
Learn more about Scout and how to give your athletes the keys to prioritizing their financial future. Book a call with our team here.
About Scout
Scout is an innovative financial technology company built specifically for athletes. Combining education, one-on-one support, and a mobile app, Scout helps student-athletes navigate taxes, savings, LLC formation, and investment planning. For athletic departments, its end-to-end revenue distribution platform brings every payment type, cap management, contracts, and taxes into one place. Trusted by more than 40 schools nationwide, Scout serves athletes, coaches, and finance teams with the financial infrastructure and education college sports now requires. From the first offer to the final payment, Scout runs the financial side of college sports.
Learn more about Scout and how to give your athletes the keys to prioritizing their financial future. Book a call with our team here.
Learn more at www.investwithscout.com | Media Inquiries: media@investwithscout.com
