Hercy Miller, the former Minnehaha Academy point guard who will play at Tennessee State next season, announced Friday that he has signed a $2 million contract with a Los Angeles-based company called Web Apps America.
Company founder Marcus Brown said in a phone interview that the deal is for four years and the recent NCAA ruling surrounding athletes being able to profit off their name, image and likeness opened the doors for the partnership.
"We have been thinking about it, we brought it to his attention fairly recently, not too long ago," Brown said.
The deal with Miller came one day after the NCAA made its landmark ruling, allowing athletes to make money off social media posts, endorsements, autographs, appearances and sponsorships.
And while several collegiate athletes started announcing deals they had signed, Miller's marked the first time a former Minnesota prep athlete gave a glimpse into the kind of money a collegiate athlete could attract.
Miller, who is the son of rapper Master P, confirmed he signed the deal to TMZ and said he plans to use part of his earnings to give back to others.
"I learned from my dad, I'm going to start off by giving back to the community and everyone around me," Miller said to TMZ. "I have a camp July 21. I'm doing a camp. I'm giving back to the kids and giving out school supplies."
Miller also noted he's going to get a Tesla, but lease it, not buy.