Signing Day Sports Retains Rights as “National Recruiting Partner” to U.S. Army Bowl Through 2026 in New Deal
January 31 2025 - 6:30AM
Signing Day Sports, Inc. (“Signing Day Sports” or the “Company”)
(NYSE American: SGN), the developer of the Signing Day Sports
app and platform to aid high school athletes in the recruitment
process, today announced the signing of a new Sponsorship Agreement
with the U.S. Army Bowl, extending its rights as “National
Recruiting Partner”. The Sponsorship Agreement solidifies Signing
Day Sports’ role as manager of the U.S. Army Bowl’s National
Combines and specified Regional Combines, enables the Company to
promote its app and services, and provides revenue-sharing
opportunities.
“Our collaboration with the U.S. Army Bowl and the U.S. Army
Bowl’s owner, Goat Farm Sports, has already brought over 8,000 new
football users into our SaaS model app,” said Jeff Hecklinski,
President of Signing Day Sports. “We are ecstatic to be able to
finalize a new Sponsorship Agreement, strengthening the business
relationship between Goat Farm Sports and Signing Day Sports. We
want to thank Goat Farm Sports for their continued trust and
support of Signing Day Sports. Based on our prior collaboration as
National Recruiting Partner to the U.S. Army Bowl in 2022, 2023 and
2024, we believe that we have created and grown one of the
best-known high school football combine series in the country. With
the technology of Signing Day Sports and the brand of the U.S. Army
Bowl, we have been able to help provide complete and necessary
services to student-athletes and their families around the country
to help them successfully navigate the college recruiting
landscape. Over the past year alone, we have worked with almost
4,000 student-athletes and their families. Through our
comprehensive webinars, individual informational sessions, and
other outreach, we have helped student-athletes reach their goals
of playing college football. We are excited to continue our growth
and success alongside Goat Farm Sports and the U.S. Army Bowl in
the coming years.”
Nearly 3,000 student-athletes participated in the 2024 U.S. Army
Bowl Regional Combines, and projections exceed 4,000 in 2025.
Signing Day Sports will continue to operate the U.S. Army Bowl
National Combine in December 2025, now the largest high school
football combine in the country. The Company will receive a $60
stipend for each athlete who attends the National Combine and pays
the full registration fee. Signing Day Sports will manage specified
regional combines, retaining all earnings and absorbing all costs
directly with minimal overhead. Regional combines may feature an
official U.S. Army Bowl academy, at which the Company will feature
a 1-day combine managed and operated by the Company. The Company
will receive $135 of any academy fee and commissions for assisting
with academy sales. Every participant will receive their
video-verified data from their combine in their Signing Day Sports
app and, after their free trial period ends, will be added to the
app to continue with their recruiting profile. Through the app,
athletes will be able to search and communicate directly with
coaches from around the country through the newly updated coaches
search tab found in the app.
A copy of the Sponsorship Agreement was filed as an exhibit to
the Current Report on Form 8-K filed by Signing Day Sports with the
U.S. Securities and Exchange Commission (“SEC”) on January 30,
2025.
Student-athletes interested in participating in the U.S. Army
Regional Combine series can register at
sdscombines.com.
About Signing Day Sports
Signing Day Sports' mission is to help
student-athletes achieve their goal of playing college sports.
Signing Day Sports' app allows student-athletes to build their
Signing Day Sports' recruitment profile, which includes information
college coaches need to evaluate and verify them through video
technology. For more information on Signing Day Sports, go to
https://bit.ly/SigningDaySports.
Forward-Looking Statements
This press release contains "forward-looking
statements" that are subject to substantial risks and
uncertainties. All statements, other than statements of historical
fact, contained in this press release are forward-looking
statements. Forward-looking statements contained in this press
release may be identified by the use of words such as "may,"
"could," "will," "should," "would," "expect," "plan," "intend,"
"anticipate," "believe," "estimate," "predict," "potential,"
"project" or "continue" or the negative of these terms or other
comparable terminology. These statements are only predictions. You
should not place undue reliance on forward-looking statements
because they involve known and unknown risks, uncertainties and
other factors. You should not place undue reliance on
forward-looking statements because they involve known and unknown
risks, uncertainties and other factors, including without
limitation, the Company’s ability to realize the expected benefits
of its collaboration with the owner of the U.S. Army Bowl; the
ability of the collaboration to yield significant revenues or other
value for the Company; the Company’s ability to execute the
collaboration strategy as expected; the number of student-athletes
who will use and purchase subscriptions to the Company’s app
through the Company’s U.S. Army Bowl collaboration; the Company's
ability to obtain additional funding to develop additional services
and offerings; market acceptance of the Company's offerings;
competition from existing online offerings or new offerings that
may emerge; impacts from strategic changes to the Company’s
business on its net sales, revenues, income from continuing
operations, or other results of operations; the Company's ability
to attract new users and customers, increase the rate of
subscription renewals, and slow the rate of user attrition; the
Company's ability and third parties' abilities to protect
intellectual property rights; the Company's ability to adequately
support future growth; the Company's ability to comply with user
data privacy laws and other current or anticipated legal
requirements; and the Company's ability to attract and retain key
personnel to manage its business effectively. Further
information regarding factors which could affect the
forward-looking statements can be found under “Risk Factors” and
sections containing cautionary statements relating to
forward-looking statements in the Company’s periodic reports which
are filed with the Securities and Exchange Commission. These risks,
uncertainties and other factors are, in some cases, beyond our
control and could materially affect results. If one or more of
these risks, uncertainties or other factors become applicable, or
if our underlying assumptions prove to be incorrect, actual events
or results may vary significantly from those implied or projected
by the forward-looking statements. No forward-looking statement is
a guarantee of future performance. Forward-looking statements
contained in this announcement are made as of this date, and the
Company undertakes no duty to update such information except as
required under applicable law.
Investor Contacts:Crescendo Communications,
LLC212-671-1020SGN@crescendo-ir.com
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