Pulling Back the NIL Curtain
David Ubben, writing for The Athletic, published a fantastic story about what’s going on behind the scenes at Tennessee, where an in-house “college sports collective” is aiming to raise $25 million a year to fund athlete name, image, and likeness deals. Not a typo.
Things that have been included in Tennessee’s NIL deals so far:
Housing
Car rentals
Car washes
Free meals
Car maintenance
Some deals have reached six figures overall for certain athletes. It is still surprising to me that this is all legal and “normal.” Of course, this is just a starting point for NIL deals across college sports.
The schools that are at the forefront of NIL are going to benefit the most. Five-star student-athletes are about to get paid serious cash.
Imagine what it’ll be like in five years.