Jump to content
McDuck

Is NIL fools gold?

Recommended Posts

A couple of blurbs from Football Scoop.  The first is about Ohio State claiming the #1 ranking in NIL deals and includes the following

 

We knew in August, for example, that the average NIL deal for a Division I athlete was $471, with a median of $35. A handful of big deals pushed the marketplace upward; the median deal at the FBS level was just $5 more than the median deal at the Division III level.

 

$471 average?  $35 median?  Although unclear if the amounts are monthly or annual, cumulative or per deal, it still pales in comparison to the monthly stipend included with a scholarship.

 

https://footballscoop.com/news/ohio-state-nil-earnings

 

The second is from last fall and deals with Quinn Ewers getting over a million dollars before he played a snap of college football.  Obviously that deal pushed Ohio State to the top of the NIL rankings.  It would be interesting to see a follow-up now that Ewers has transferred to Texas. 

 

I hope he set aside a tidy sum to pay taxes.  I'm not going to try to calculate Federal tax (are they required to pay FICA on endorsements in addition to income tax?) but a quick glance at State of Ohio rates puts his bill over $40,000 if he got the full amount reported.

 

https://footballscoop.com/news/quinn-ewers-million-dollar-autograph-nil-deal

  • Thanks 1
Link to post
Share on other sites

Thanks for the link. and post. Lots of good information about NIL money. Still wondering why the NCAA narcs are looking at us and Nike. Sure screams hypocrisy.

  • Thumbs Up 1
Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now


×
×
  • Create New...
Top