NIL in college sports is quickly turning a select few athletes into overnight millionaires before they even start college. One college football prospect just earned a crisp $8 million - more than many professional football players.
Stewart Mandel of The Athletic reported this past week that a 2023 college football recruit has signed an NIL deal worth upwards of $8 million. It is believed to be the largest NIL deal signed by a non-professional athlete thus far.
The number of NIL deals - and the value of them - are on the rise throughout the country. We've seen some companies give entire swaths of college teams full college scholarships under the new rules.
But some college sports fans don't seem to like how the students are getting paid. The replies to Mandel's tweet are full of people objecting to NIL as well as some people defending it:
For decades it was against NCAA rules for college athletes to get almost any money relating to their athletic performance in the name of "amateurism". Tons of athletes lost scholarships and countless more suffered other punishments under those rules.
NIL was recently introduced, which allows players to use their name, image and likeness to get compensation.
But it was inevitable that NIL would morph into "pay for play" in almost every way but name.
We'll have to wait and see how long it takes for the NCAA to start changing its policies here - and how hard they go when they do.