Thursday, July 9, 2026

Reader Mailbag: Is the NIL Era Out of Control?

Readers had a lot to say about the news that billionaire Larry Ellison gave millions to woo a top quarterback to Michigan, and what it says about CFB recruitment in the NIL era.

Michigan signee Bryce Underwood smiles during national signing day at Belleville High School in Belleville on Wednesday, Dec. 4, 2024.
Junfu Han/Imagn Images

Bryce Underwood, the No. 1 college football prospect in the country, flipped his commitment from LSU to his hometown Michigan last month. It was a major shake-up in the recruiting landscape—although not entirely surprising amid the free-for-all frenzy of the NIL (name, image, and likeness) dealmaking era. 

The part that did raise eyebrows: Oracle founder Larry Ellison played a key role in Underwood’s pivot, providing “invaluable guidance and financial resources.” The exact amount of the quarterback’s NIL deal—reportedly between $10 million and $12 million from the Michigan NIL collective Champions Circle—is not publicly confirmed, but Ellison likely gave a lion’s share of the money. And Ellison isn’t even an alum—his partner Jolin (aka Keren Zhu) is.

What’s clear is that college football’s billionaire backer era has begun. The floodgates are open, and the very definition of NCAA recruitment is morphing into something different. As The New York Times asked in October, in a piece focused on Deion Sanders and the University of Colorado, “Does a multibillion-dollar sports enterprise attached to American universities make any sense?”

FOS readers had plenty of input on this divisive topic in response to last Sunday’s column. The biggest question they probed: Is this a problem?

It’s a Problem 

“This story should scare everyone in college athletics. There’s no question the transfer portal and the NIL have created a new era. This is clearly now a pay-for-play reality, regardless of the vehicle—NIL, House settlement, or otherwise. It is professional athletics, but without any form of regulation. The NCAA has become a fading, if wholly non-existent, voice in college sports and the vacuum left is being filled with collectives, billionaires, media contracts, the CFP and agents. My prediction for the next big wave in college football? Corruption.

“Oversight and regulation will have to come from somewhere. But I don’t expect Congress to act anytime soon and I don’t see any other body interested in the job. … Please keep reporting on these developments. College football is rapidly becoming something I no longer recognize, and that for me, is a loss.” —Rem Nivens

“Makes me wonder how many stories are/will be out there about 18-year-olds and their families who don’t have the wherewithal to handle their NIL windfalls. I’m sure a whole subculture of unsavory characters is growing to ‘help’ with the issues all that money brings with it, with some ugly results. I’m sure there will be plenty of players/families surprised by their tax bills, too …” —Joe Lynch

“Yes, it is troubling. There are impoverished kids who want to go to college but don’t get involved in the seeming scam of NIL to get a foot in the door.” —Barbara Shaidnagle

“I feel that the influx of all this money is going to ruin CFB. There have to be some limits. Maybe limit the amount given and a portion goes to others on the team? Use the money for scholarships to all players. Delay portions of the payment until after graduation. There really needs to be some structure. Or just let them go pro straight from high school. Keep college as an amateur game. Additionally, there should be transfer limits. If you transfer via the portal, you are required to stay for two years unless the coach changes jobs.” —Tim Bernstein

Jun 6, 2024; Eugene, OR, USA; A NCAA logo flag at the NCAA Track and Field Championships at Hayward Field.
Kirby Lee/Imagn Images

This Is Fine 

“NIL has just become a recruiting tool. A Michigan alum will always cheer for Michigan no matter if Ellison buys them a shiny new QB. NIL is great for the student (cough, cough) athlete. But no capitalist ever stood up a successful football minor league. The college brand is driving the dollars, not the athlete.” —Brian Sambirsky

“I fully support college athletes shaking down the entire system for however much they can squeeze, and using their newfound leverage. As an alum of a hopelessly sports-irrelevant school, I have no dog in this fight except the interests of justice. These athletes were exploited for a century by a system that chewed them up, spat them out, and facilitated a microscopic minority to go on to riches in the pros. The hypocrisy of college sports is always what frosted me most about it. Everyone else could get paid handsomely, except the very people who put their bodies on the line. We’ve now replaced the previous era of shady dealings with above-the-table deals known to all, with budgets and price tags announced. So, no, I will shed no tears for that change—sunlight is a great disinfectant. This NIL system, kludged-together as it is, improves the overall morality of college sports, and lessens its propensity for corruption.” —Steve Estes

“You’re shining a light on the bigger, better version of the thing SEC schools have been doing for decades under the table? Spare me. Now, because the real schools with real money are throwing their hat into the fray, it’s a problem? And what of the $20 million-plus roster Ohio State just put together all to go 10-2 and yet somehow still earn a CFP bid? Where was the outcry then? Shouldn’t that be mentioned here? The problem you’re alluding to is likely to end up with overseas money infiltrating a lesser program to compete with the big boys, like Manchester City has done in England. Then sure, you can make your claims. This isn’t that. Go Blue.” —Mike Salerno

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

Bears’ Indiana Stadium Plans in ‘Red Zone,’ Governor Says

The NFL team is drawing closer to a long-awaited stadium decision.
Mar 16, 2026; Dayton, OH, USA; Detailed view of the “NCAA” logo during the Howard Bison a practice session ahead of the first four of the men's 2026 NCAA Tournament at University of Dayton Arena.

Judge Orders NCAA to Grandfather Athletes Into Eligibility Model

The ruling could grant another year of eligibility to thousands of athletes.
Feb 8, 2026; Santa Clara, CA, USA; Seattle Seahawks wide receiver Cooper Kupp (10) catches a pass against New England Patriots cornerback Marcus Jones (25) in the first half in Super Bowl LX at Levi's Stadium.

Two Bidders Pull Ahead in Seahawks Sale Process

One of the two groups includes at least one former Seahawks player.
July 5, 2026; East Rutherford, New Jersey, U.S.; Brazil's Endrick looks dejected after the match as Brazil are eliminated from the World Cup. Mandatory Credit: Caean Couto-Imagn Images

How to Survive a Premature World Cup Exit

What can history tell us about disappointing World Cup exits?
podcast thumbnail mobile
Front Office Sports Today

Record Betting on USMNT Loss, U.S. Soccer Splits Payout, Potential LIV Golf Layoffs, Bieber headlines World Cup halftime

0:00

Featured Today

Pillow Fight Championship

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.
July 2, 2026

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
Kansas City Chiefs
July 1, 2026

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.
June 26, 2026

What We Saw Traveling the U.S. for the World Cup Group Stage

The knockout stage begins Sunday.
June 26, 2026

In an Era of $1,000 Tickets, $10 Watch Parties Bring Fans Together

Stadium watch parties now rival home-game experiences.

Is Big 12’s $20M Monster Jersey Patch Deal Too Cheap?

The deal, heralded as the first of its kind, drew criticism.
Nov 25, 2016; Pullman, WA, USA; General view of the Pac-12 logo on the field before the game between the Washington Huskies and the Washington State Cougars at Martin Stadium. Mandatory Credit: James Snook-USA TODAY Sports
July 6, 2026

New Pac-12 Only FBS Conference Not Hosting Media Days

The Pac-12 is expanding from two to eight teams this season.
Aug 30, 2025; Colorado Springs, Colorado, USA; Bucknell Bison tight end Charlie Kreinbucher (82) runs the ball against Air Force Falcons defensive back Roger Jones Jr. (5) in the first quarter at Falcon Stadium.
July 8, 2026

Criminal Case Against Former Bucknell Coach Could Set Precedent

A Bucknell football player died in 2024 after collapsing at practice.
Sponsored

Josh Childress: Why Now Is the Time for NBA Expansion

Josh Childress on why he invested in the Portland Thorns, the case for NBA expansion, and donating to Stanford NIL.
July 5, 2026

FBI Arrests Ex-College Hoops Player in Multimillion-Dollar Fraud Case

Kerr Kriisa played for Kentucky, West Virginia, Cincinnati, and Arizona between 2020 and 2026.
July 2, 2026

Pair of Merging D-II Schools Sue Conference That Kicked One Out

Ursuline College’s athletic recruiting and scheduling are being drastically impacted. 
June 28, 2026

College Sports Roster Spending Soars Beyond $20.5M Rev-Share Cap

The $20.5 million rev-share cap was a new floor for roster costs.
June 26, 2026

West Virginia AD: McAfee’s Value to School ‘Maybe Eight Figures’

The sports media star played at West Virginia nearly two decades ago.