Thursday, July 23, 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

Trump-Backed College Sports Bill Faces Hurdles As Deadline Nears

If it doesn’t pass the Senate by August, it could be dead.
Jul 19, 2026; West Sacramento, California, USA; Athletics shortstop Jacob Wilson (5) hits an RBI single during the ninth inning against the Washington Nationals at Sutter Health Park.

Mark Cuban, Rashaun Williams Firm Buys Stake in A’s

It’s the first investment by Harbinger Sports Partners, which formed last May.
May 14, 2026; Arlington, Texas, USA; Dallas Wings guard Azzi Fudd (35) follows through on a jump shot against the Minnesota Lynx during the second half at College Park Center.
First at FOS

WNBA Union Increases All-Star Prize Money Even With New CBA

The 3-Point Contest winner will take home $70,000.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Chris Bosh on LeBron’s Next Team, Athlete Contract Taxes, and Returning to Court for Charity

0:00

Featured Today

Tom's Watch Bar

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium
July 16, 2026

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
Josh Pate

Josh Pate on Trump Interview Fallout: ‘It’s the President Asking’

Pate knew his interview with the president would be polarizing.
Oct 11, 2025; Los Angeles, California, USA; Michigan Wolverines head coach Sherrone Moore in the second half against the USC Trojans at United Airlines Field at the Los Angeles Memorial Coliseum.
July 20, 2026

Michigan Athletics Investigation of Moore Affair Finds ‘Poor Oversight’

But misconduct was not “widespread throughout the department.”
Mar 20, 2026; Philadelphia, PA, USA; UCLA Bruins guard Donovan Dent (2) dribbles the ball against the UCF Knights in the first half during a first round game of the men's 2026 NCAA Tournament at Xfinity Mobile Arena
July 21, 2026

New NCAA Eligibility Policy Hasn’t Slowed Lawsuits—It’s Triggered More

“I’m getting five emails per minute from 9 a.m. to 5 p.m.”
Sponsored

Inside the EY 2026 Sports Engagement Index: The Real Map of American Sports Participation

EY’s latest index explores how shifting U.S. fan behaviors are expanding the definition of sports engagement.
Michigan athletic director Warde Manuel watches warmups from the field before school's game against Ohio State at Ohio Stadium in Columbus.
July 20, 2026

Warde Manuel to Step Down as Michigan AD

The school announced Warde Manuel is stepping down at the end of the calendar year.
Michigan athletic director Warde Manuel speaks before the Frozen Four semifinals at T-Mobile Arena in Las Vegas on Thursday, April 9, 2026
July 15, 2026

Michigan Leaders Received Reports of Moore’s Affair

Former Michigan football coach Sherrone Moore was fired last December.
May 4, 2017; Columbus, OH, USA; The BYU Cougars against the Long Beach State 49ers at St. John Arena. Mandatory Credit: Joe Maiorana-USA TODAY Sports
July 13, 2026

Why Stephen F. Austin Volleyball Players Are Suing Their School

Both players were cut from the team following the 2025–26 season.
Michigan athletic director Warde Manuel, left, sits and laughs alongside head coach Dusty May and Yaxel Lendeborg during a celebration honoring the team’s NCAA men’s basketball national championship at Crisler Center in Ann Arbor on Saturday, April 11, 2026.
July 13, 2026

Michigan AD’s Position in Question As Investigation Findings Loom

The program has been marred by multiple scandals.