NIL expert predicts $50,000 minimum pay for Power 5 players

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NIL expert predicts $50,000 minimum pay for Power 5 players
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Football and men’s basketball players on scholarship in one of the major conferences can expect to soon earn a minimum of $50,000 each year he plays because...

The increasing dollar amounts available to college athletes has also drawn the attention of the NCAA.Football and men’s basketball players on scholarship in one of the major conferences can expect to soon earn a minimum of $50,000 each year he plays because of the influx of cash from so-called booster collectives brokering name, image and likeness deals.

College sports leaders are concerned some collectives have gone beyond paying athletes for activities such as endorsements and appearances and breaking the pay-for-play ban by offering cash to influence athletes’ decisions on where to go to school. NCAA rules prohibit boosters from making contact with prospective recruits.

Michael LeRoy, a University of Illinois labor law professor who researches college athlete compensation, said Lawrence’s projection is spot on.Lawrence said a top, five-star recruit could have NIL earning potential of more than $1 million per year when money coming from sources outside the booster collective is considered, especially if he is a quarterback. Four-star recruits could earn well into the six figures.

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