The NIL Revolution | A Star Tribune series examining how the name, image and likeness era is transforming college sports: startribune.com/nil.
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Five bucks for every autograph. Twenty grand for a podcast appearance. Social media posts in exchange for $10,000. An autographed hockey sweater: Another ten grand. Football players making thousands for going to lunch with donors.
The details in 272 endorsement deals recently signed by Gophers athletes are fascinating. They reveal the power of the NIL policy changes in college sports, showing how student-athletes can profit — from pocket money to mortgage payments — off of their name, image or likeness.
Student-athletes are required to disclose their NIL deals to athletic departments, which organize the data and share it with the NCAA for tracking purposes. The Star Tribune obtained the University of Minnesota student-athlete NIL reports dating from August 2022 to January of this year, and here are five more things to know about the deals going down in Dinkytown:
Gophers women scoring deals
The women on campus are outpacing their male Gophers counterparts by a healthy margin in the number of NIL deals signed: 61% of deals in this timeframe were signed by women; 39% by men. We can’t say, however, women are earning more because total dollar amounts can’t be derived from this data, for two reasons: (1) many of the endorsement agreements are rate-based (several athletes, for example, make 4% commission on sales of shirts with their name on it); and (2) the data is both incomplete and heavily redacted. Removed from these reports per privacy laws, at Minnesota and any other university, are: the athlete’s name, the name of the sponsoring company or donor and the exact date of the deal. Each of these 272 Gophers NIL deals does list a sport, though, and women’s sports at the U of M are ahead in this count.
Twenty-one deals in these reports show an athlete making $5,000 or more, and the gender split on those high-dollar deals was 11 deals for men, 10 for women. Women seem to be at least keeping pace with the men at the U, if not leading.
Missing details
Some of the other fine print in this data shows just how vague and seemingly unorganized and unchecked reporting of NIL endorsement deals has become. A Gophers softball player wrote “Merchandise” in the description field and “4%” as the amount she will be paid. A volleyball player wrote she was “posting on my social media” for an “unknown percentage.” More than 30 endorsement deals have “unclear” listed as the financial compensation. Some say the NIL era feels like the “wild west.” These data reports used by the NCAA and member schools don’t do much to change that reputation.