An NIL company co-founded by former NBA player Kendrick Perkins in February faces scrutiny after an ESPN investigative report found the company used predatory tactics akin to offering high-interest loans.

Kendrick Perkins co-founded a new NIL company called Nilly, adding to the already crowded field of predatory actors in the NIL space.

Perkins' Nilly is being criticized for the way it pays college athletes money in exchange for a portion of their name, image and likeness deals.