College Sports Minute: NIL Impacting the NFL Draft

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Transcript

00:00 Sportscaster Rick Harrow. College Minute, but it impacts NIL and it also impacts the NFL.

00:07 Realize that before NIL was introduced in 2021, there were about 128 or so players, underclassmen, who entered the draft.

00:19 This last year, 58. Why the difference?

00:23 Well, NIL money's made it up for a lot of the kids who would have been drafted.

00:27 In fact, in 2023, a fourth-round draft pick would have commanded about a $400,000 guaranteed signing bonus.

00:35 And many of those players in that pool made up to or more than $400,000 in NIL money.

00:42 So the answer is, you know, you get paid more if you're actually in college.

00:46 You improve your skills, maybe improve your draft stock even higher a year later.

00:50 And it fundamentally changes the dynamics of everything regarding NIL Transfer Portal and the draft, Transcendental.

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