Top Hat Collective - Wake Forest Demon Deacons Collective
Football
Basketball
Top Hat Collective became the first Wake Forest-centric NIL group to launch in April 2022. It was founded by Drew Vandemore, who has a background as a Treasury Services Advisory professional working primarily with large pharmaceutical companies while holding expertise in working capital improvement, banking/finance transformation, and treasury process improvement based in Charlotte, N.C. “Top Hat Collective is a membership collective of fans, sponsors and supporters created to help our athletes monetize their Name, Image, and Likeness in a compliant way,” the collective’s website says. “To do this, Top Hat provides opportunities for our athletes to connect with our members through a variety of methods, including in-person and virtual events, autographs, apparel, NFTs, social media engagement, and more. Prospective members have the option to sign up for a monthly or annual membership, with each level of commitment coming with a varying set of benefits to our members.” The group has a partnership with Athlete Licensing Company for compliance and monetary-related actions such as contracting, payments, tax statements, regulatory compliance, etc.