Tuesday, September 1, 2026

How USC Star QB Caleb Williams Evaluates NIL Deals

  • To evaluate deals, the Heisman candidate has a small army of trusted confidants.
  • Williams’ criteria revolves around brands with which he can create a “genuine relationship.”
Athletic Brewing

The entire college career of USC quarterback Caleb Williams has taken place during the name, image, and likeness era. As a result, he’s been able to capitalize on his Heisman candidacy and platform at a Power 5 school in one of the nation’s largest media markets.

Williams boasts an NIL value of $2.1 million according to On3 — the third highest in college football.  While he told Front Office Sports he isn’t a fan of abstract NIL valuations, the deals he’s signed suggest his ranking, at least, isn’t far off. 

Williams has landed partnerships with the likes of Fanatics, Beats by Dre, Athletic Brewing, and Beverly Hills real estate private equity fund Hawkins Way Capital. He even invested in a company, becoming the part-owner of male grooming brand Faculty.

How has he built his illustrious portfolio?

The sophomore said he didn’t want to rush into inking deals. Instead, he’s built a small army of trusted confidants to evaluate and negotiate deals as well as produce content.

Williams wants to create a “genuine relationship.” Those are the types of questions he asks himself: Does he use the brand? Would he like to? Was he interested in the company growing up?

“And then, make sure everyone understood that my commitment to what I like to do — what I love to do — is play football,” he said. If a brand demanded too much of his time, he wouldn’t sign.

“I actually don’t spend as much time [on NIL] as you might think,” Williams said. His team takes care of most of that so he can focus on football, his teammates, and schoolwork.

Top 2023 MLB Draft Prospect Is Taking A Different Approach to NIL

Chase Dollander is focusing on resources that improve his recovery.
September 26, 2022

Williams’ deal with Beats was one of his favorites — not only because of his personal affinity for the brand, but also because he was able to give players and athletic department staff headphones.

Williams said that the NCAA’s previous prohibition on NIL rules was “absurd,” and that he felt it’s created an overall positive change in college sports. 

“I spend 13 hours on average at the school,” he said. “I have no problems with it…but we don’t have other time to possibly provide for our family.”

“I think it’s awesome for players to make money for themselves.”

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

One Clemson Football Player’s Fight for Eligibility—and a ‘Second Chance’

Tristan Smith will suit up for the Tigers against LSU this Saturday.

In LSU-SEC Legal Battle, No One Is Backing Down

All parties are standing firm as a pivotal court hearing looms.
Aug 29, 2026; Dublin, Co. Dublin, IRL; North Carolina Tar Heels head coach Bill Belichick stands on the sidleline against the TCU Horned Frogs in the first half at Aviva Stadium. Mandatory Credit: Laszlo Geczo-Imagn Images

UNC Overcomes Preseason Drama As Bill Belichick Earns Signature Win

UNC GM Michael Lombardi was placed on paid leave in July.
Jul 17, 2026; Charlotte, NC, USA; North Carolina head coach Bill Belichick talks with the media during interviews at Hilton Charlotte Uptown.

CFB Week 0 Opens With Bill Belichick Watch

Year 2 at UNC begins with less buzz and more baggage.
podcast thumbnail mobile
Front Office Sports Today

9/1/26 – LIV Golf’s Bankruptcy Bet, Messi Retires, Seahawks $9.6B Sale

0:00

Featured Today

Aug 3, 2026; Washington, D.C., USA; Alexandra Eala (PHI) kisses the championship trophy during the trophy ceremony after her match against Jessica Pegula (USA) (not pictured) in the women's singles final of the 2026 Mubadala DC Open at Rock Creek Park Tennis Center. Mandatory Credit: Geoff Burke-Imagn Images

How Alex Eala Turned the Philippines Into a Tennis Nation

A December homecoming match could break tennis’s attendance record.
August 26, 2026

Deshaun Watson Has Done the Impossible: Unite Browns Fans

Watson was named the starter after complaining boos were “personal.”
August 23, 2026

Dan Snyder ‘Invisible’ in NFL Three Years After Commanders Sale

Snyder has had little to no contact with former NFL associates.
Soccer Football - Premier League - Arsenal v Burnley - Emirates Stadium, London, Britain - May 18, 2026 Arsenal's Kai Havertz scores their first goal past Burnley's Max Weiss
August 21, 2026

Why the Premier League’s Star-Power Shortage Doesn’t Matter

The world’s richest soccer league doesn’t rely on big stars to dominate.
August 12, 2026

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Dec 20, 2025; Oxford, MS, USA; Mississippi Rebels tight end Dae'Quan Wright (8) runs after the catch against the Tulane Green Wave during the first half of a game at Vaught-Hemingway Stadium

The Week That Broke College Football: Everything to Know

Football has been turned upside down as NFL players try to return.
August 26, 2026

Gov. Landry: SEC ‘Creating a Legal Mess’ Over Athlete Eligibility

“Don’t hate the player,” the Louisiana governor said. “Hate the game.”
Oct 8, 2025; Memphis, Tennessee, USA; Memphis Grizzlies forward Cedric Coward (23) drives to the basket as Boston Celtics guard RJ Luis Jr. (12) defends during the fourth quarter at FedExForum
August 27, 2026

College Basketball In Crosshairs of Pro-Athlete Eligibility Chaos

The Big 12, SEC, and ACC have extended bans to include basketball.
Sponsored

Kerri Walsh Jennings’s Playbook for the Future of Volleyball

The former gold medalist talks NCAA, the Olympics, & investing in volleyball.
August 26, 2026

LSU, Players Gearing Up for Potential Battle With SEC

The SEC wants to block players who went pro from returning.
August 25, 2026

Ukrainian Player Leaves LSU After Kim Mulkey Signs Russian

LSU says Koval is withdrawing as a student, but transferring is tricky.
Dec 20, 2025; Oxford, MS, USA; Mississippi Rebels tight end Dae'Quan Wright (8) runs after a catch as Tulane Green Wave linebacker Sam Howard (15) makes the tackle during the third quarter at Vaught-Hemingway Stadium
August 25, 2026

Big Ten, SEC Ban NFL Players From Returning

Other power conferences and the American are considering the same move.
August 21, 2026

Appeals Court Pauses Fifth Year of Eligibility Order

An appeals court has yet to make a final decision.