Thursday, May 14, 2026

Ohio State’s $20M NIL Roster Just Won the National Championship

The Buckeyes, who won a national title Monday night, are believed to have one of the highest NIL “payrolls” in all of college sports. 

The Columbus Dispatch

ATLANTA — A common colloquialism states that money doesn’t buy happiness. Ohio State fans might beg to differ.

The Buckeyes, who won the College Football Playoff national title against Notre Dame on Monday night by a score of 34–23, used about $20 million in NIL (name, image, and likeness) funds to build their championship-caliber roster. 

Ohio State is believed to have one of the highest NIL “payrolls” in all of college sports this year, offering more money to their football players than most other schools allotted in NIL earnings to their entire athletic departments combined. 

Among their big guns: “THE Foundation,” a collective of boosters and donors that has both a nonprofit and for-profit arm, as well as the 1870 Society. An athletic department representative previously declined a Front Office Sports request for comment on the collective strategy surrounding the school, but head coach Ryan Day was reportedly deeply involved in fundraising.

The combination of an unregulated transfer portal and NIL earnings have created a new era of “unrestricted free agency” in college football this year, which many teams use to completely rebuild their rosters. Ohio State certainly did that: quarterback Will Howard transferred from Kansas State, and star wide receiver Jeremiah Smith arrived fresh out of high school. But the Buckeyes also have plenty of returning players, some of whom opted to stay in Columbus instead of transferring or declaring for the NFL Draft. 

Take defensive end Jack Sawyer, for example. Sawyer was Ryan Day’s first commit in 2019, and has stayed with the team his entire career. As one of the team’s captains, he was reported to be on a mission this past offseason to convince as many of his teammates as possible to return for one more year.

Sawyer, a lifelong Ohio State fan, may not have needed NIL to cement his returnk. But it’s a nice added perk: Sawyer told Front Office Sports over the weekend that the program has provided “great opportunities” all season in terms of NIL.

In addition to what he may be receiving from collective opportunities or other brand deals, he has been earning some passive NIL income this week with a merchandise drop commemorating his “scoop n’ score” play during the Cotton Bowl that helped punch the Buckeyes’ ticket to the national championship. “It’s definitely opened a lot of doors for a lot of us,” Sawyer said Saturday. 

Perhaps a national championship was one of them.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Netflix Deepens Its NFL Ties With Expanded Five-Game Package

The streaming giant significantly increased its presence with the league.
Los Angeles, CA - May 8, 2026 - LAPC: Stephen A Smith and Skip Bayless on the set of First Take.

‘First Take’ Ratings Up 24% for Skip Bayless Return

The episode marked Bayless’s first ESPN appearance in a decade.

How Sports Graphic Designers Are Grappling With the Rise of AI Art

The release of ChatGPT 2.0 Images sparked a conversation among sports designers.
Mar 15, 2025; Charlotte, NC, USA; ACC commissioner Jim Phillips hands the championship trophy to Duke Blue Devils head coach Jon Scheyer after the 2025 ACC Conference Championship game against the Louisville Cardinals at Spectrum Center. Mandatory Credit: Jim Dedmon-Imagn Images

ACC Backs Duke-Amazon Deal Despite Big Ten Concerns

ACC commissioner Jim Phillips revealed ESPN was involved in the discussions.

Featured Today

Collectible Cups Are Sending Sports Fans Into a Frenzy

The drink is secondary to the wild vessel it comes in.
Matt Palumb
May 8, 2026

Pro Lacrosse’s Top Ref Is As Famous As the Players

The last celebrity referee is in the Premier Lacrosse League.
May 2, 2026; Atlanta, Georgia, USA; Atlanta United midfielder Saba Lobjanidze (11) reacts to his goal against the CF Montréal in the first half at Mercedes-Benz Stadium. Mandatory Credit
May 7, 2026

How Atlanta Unexpectedly Became the Epicenter of U.S. Soccer

U.S. Soccer is opening a new national HQ in Georgia.
Tottenham Hotspur
May 6, 2026

Tottenham Hotspur Is Facing a Billion-Dollar Disaster

A seemingly improbable drop to England’s second tier is a tangible possibility.

ACC Still Holding Off on Private Equity Despite Big 12 Leap

“To date, there’s nothing that has made sense,” Jim Phillips said Wednesday.
May 12, 2026

NCAA Warns Baseball Coaches About Canceling Games to Boost Stats

A myriad of Power Four schools canceled games against lower-ranked opponents.
Mar 11, 2026; Charlotte, NC, USA; Florida State Seminoles forward Alex Steen (25) reacts with guard Robert McCray V. (6) in the first half at Spectrum Center.
May 13, 2026

FSU Tests New Revenue Model as Schools Cut Sports

“Cutting sports isn’t part of the equation for us.”
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
Oct 11, 2025; College Park, Maryland, USA; Nebraska Cornhuskers quarterback Dylan Raiola (15) throws during the second half against the Maryland Terrapins at SECU Stadium.
May 11, 2026

CSC Wins Key NIL Arbitration in Nebraska Football Case

The case centered around deals offered to 18 football players.
Jun 18, 2021; Omaha, Nebraska, USA; Ryan Lochte after the Men’s 200m Individual Medley Finals during the U.S. Olympic Team Trials Swimming competition at CHI Health Center Omaha. Mandatory Credit: Rob Schumacher-USA TODAY Sports
May 11, 2026

Ryan Lochte to Coach College Swimming at $34 an Hour

Missouri State announced it hired the 12-time Olympic medalist on Sunday.
May 8, 2026

Ex-Ohio University Football Coach Sues School Over Firing

Smith admitted to having a romantic relationship with an undergraduate.
exclusive
May 8, 2026

What Illinois’s $20M Jumbotron Says About the Future of CFB Stadiums

Illinois installed the largest video display in college football in January.