SMU Athletics Teams Up with Scout to Build the Future of Athlete Financial Empowerment

The forward-thinking program will implement Scout's full suite: revenue-share distribution, cap management tools, financial literacy training, and a mobile player wallet.

DALLAS, July 1, 2025 /PRNewswire/ -- SMU has never been content to follow — and its latest move proves it once again. The university's athletic department has partnered with Scout, an innovative financial technology company built for athletes and university administrators, to lay the groundwork for a new era of student-athlete support.

Through this collaboration, SMU will deploy Scout's complete suite of solutions, including revenue-share distribution, cap management, personalized financial literacy training, and a secure player wallet app for savings, tax withholding, and investment planning.

But this is about more than managing today's challenges — it's about building a system that adapts to what's next.

"At SMU, we're not building for the moment — we're building for the future," said Damon Evans, SMU Director of Athletics. "This partnership with Scout puts the infrastructure in place to support our student-athletes in a dynamic, fast-changing NIL environment, not just now, but for years to come."

Head Football Coach Rhett Lashlee added, "We ask our players to think long-term: to grow, to evolve, to prepare. This partnership is a perfect example of that mindset. The resources Scout provides — from financial coaching to secure payment tools — help our athletes thrive today and lead tomorrow."

"SMU is a university that embraces innovation and moves with purpose," said Michael Haddix, CEO and Founder of Scout. "They aren't chasing trends — they're setting the pace. We're proud to work alongside them to deliver a customizable platform that empowers both athletes and administrators with forward-thinking tools and real-world strategy."

"We look at NIL differently at Scout — for us, it means Name, Image… Lifetime."

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. Its customizable revenue distribution platform serves athletic departments, coaches, and athletes in today's evolving college sports environment.

Learn more at www.scoutftw.com.

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SOURCE Scout