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Figured this deserved its own thread since it's been a pretty big topic recently. Most of the coaches agreed that what everyone is hearing about NIL packages is exaggerated but since the kids and their families hear these figures they then ask for the moon. So there's a lot of negotiating for these packages. One coach said the largest ask for NIL that's he's experienced was for $5 million. I wonder what recruit that was? I have a guess.
"The same player who got $50,000 a few years ago is now getting $200,000 -- and the player who got $200,000 a few years ago is probably asking for a million and nearly getting it," one coach told me. "I used to have a good NIL package. About $2.5 million. That used to be good. But it's nothing now compared to some SEC and Big 12 schools. I swear some schools are spending $6 or $7 million in the transfer portal. We can't do that at my place. But that's about what it takes now."
"The same player who got $50,000 a few years ago is now getting $200,000 -- and the player who got $200,000 a few years ago is probably asking for a million and nearly getting it," one coach told me. "I used to have a good NIL package. About $2.5 million. That used to be good. But it's nothing now compared to some SEC and Big 12 schools. I swear some schools are spending $6 or $7 million in the transfer portal. We can't do that at my place. But that's about what it takes now."
Candid Coaches: What is the most amount of NIL money someone has asked you or your staff to pay for a player?
We asked college basketball coaches how much NIL money they are being asked to arrange to sign top recruits
www.cbssports.com