Tuesday, June 23, 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

NFL Slams Door on Brendan Sorsby’s Supplemental Draft Bid

The league told him to prepare to enter the 2027 NFL Draft instead.
Mar 21, 2026; Storrs, CT, USA; Iowa State Cyclones guard Jada Williams (8) returns then ball against the Syracuse Orange in the first half at Harry A. Gampel Pavilion.

Women’s Basketball Players Blast College Sports Bill

“Where we disagree is—Congress shouldn’t be deciding who makes those rules.”
Jun 16, 2026; Phoenix, Arizona, USA; Los Angeles Angels center fielder Mike Trout (27) looks on in the first inning against the Arizona Diamondbacks at Chase Field.

MLB Owners Proposal Radically Shifts Player Development

Teenaged big-leaguers would become extinct under the latest proposal.
Sen. Ted Cruz (R-TX) listens as Sen. Maria Cantwell (D-WA) speaks during a hearing on the “Protect College Sports Act” before the Senate Commerce Committee, on Capitol Hill in Washington, D.C., U.S., June 3, 2026.

Ten Pro Sports Unions Criticize Bipartisan College Sports Bill

“The bill further silences college athletes’ voices on the job,” the AFL-CIO said.
podcast thumbnail mobile
Front Office Sports Today

6/23/26 – Giannis Traded, NBA Draft Night, Dusty May to Dallas, Messi Breaks World Cup Record

0:00

Featured Today

Why U.S. Open Host Sites Are on a 25-Year Plan

The U.S. Open has already picked out 22 future sites through 2051.
Wisconsin Badgers forward Laila Edwards, left, and defender Caroline Harvey celebrate after Edwards scored against the Minnesota Gophers in the first period in a game Saturday, February 8, 2025, at LaBahn Arena in Madison, Wisconsin.
June 15, 2026

Two Rookies Are Rewriting Women’s Hockey Stardom

Their platforms are a mutual boon for the PWHL and its players.
Ai sports slop
June 5, 2026

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.
June 3, 2026

The Elite High Schools Hosting World Cup Teams

Spain, Morocco, Croatia, and Switzerland chose schools as their tournament base camps.

NCAA Approves New ‘Age-Based’ Eligibility Rule

Two attorneys are preparing lawsuits on behalf of at least 50 players.
Sen. Ted Cruz (R-TX) listens as Sen. Maria Cantwell (D-WA) speaks during a hearing on the “Protect College Sports Act” before the Senate Commerce Committee, on Capitol Hill in Washington, D.C., U.S., June 3, 2026. REUTERS/Evan Vucci
June 16, 2026

Amended College Sports Bill Leaves SEC, Big Ten Concerns Intact

The amended bill doesn’t alleviate the Big Ten and SEC’s biggest concerns.
Jan 28, 2025; Washington, DC, USA; Senator Ted Cruz (R-TX), Chairman of the Senate Committee on Commerce, Science, and Transportation, begins a hearing to examine the Panama Canal and its impact on U.S. trade and national security, focusing on fees and foreign influence on Tuesday, January 28, 2025. Mandatory Credit: Jack Gruber-USA TODAY
June 18, 2026

Landmark College Sports Bill Advances Toward Senate Vote

The SEC and Big Ten remain opposed to the bill.
Sponsored

How Daktronics Is Reshaping the Modern MLB Ballpark Experience

The technology powering baseball’s next chapter.
June 15, 2026

Sorsby Leaves Texas Tech, Declares for NFL Supplemental Draft

The news comes hours after the Big 12 sued Texas Tech.
Texas Tech's Brendan Sorsby goes through warmups before the spring football game, Friday, April 17, 2026, at Jones AT&T Stadium.
June 15, 2026

Big 12 Sues Texas Tech, Texas AG Over Potential Sorsby Sanctions

The lawsuit comes one week after Sorsby was granted an injunction.
Texas Tech's Brendan Sorsby runs with the ball during the spring football game, Friday, April 17, 2026, at Jones AT&T Stadium.
June 12, 2026

Big 12 Mulls Brendan Sorsby Options as Legal Threats Loom

Both Sorsby’s legal team and Texas’s AG sent letters to the conference.
Dec 31, 2025; Las Vegas, NV, USA; Utah Utes quarterback Devon Dampier (4) and tight end JJ Buchanan (81) celebrate after a touchdown against the Nebraska Cornhuskers in the first half during the SRS Distribution Las Vegas Bowl at Allegiant Stadium. Mandatory Credit: Kirby Lee-Imagn Images
June 12, 2026

University of Utah Finalizes Private-Equity Deal

Utah is the first athletic department to sign a private-equity deal.