NIL Deals Have a Visibility Problem

Fewer than 1 in 5 Americans have seen, read, or heard about most major Division I NIL deals — and even fewer have bought something because of one. That should alarm everyone in this ecosystem. College athletes are outperforming traditional influencers on every measurable platform metric, yet most brands stop at athlete selection and skip activation entirely. A pro sports endorsement gets a creative brief, a media plan, and a measurement framework. A typical genuine NIL deal gets a DM and a deliverables list. That's not a partnership — that's an assignment. Here's why brands hold the biggest lever in fixing genuine NIL's visibility problem, and what it will take before the only deals left are the synthetic ones.

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Bill Carter
NIL Opportunity Index: The Case for Women's Lacrosse

Most brands chasing NIL opportunities in non-revenue sports are overlooking one of the best cost-per-engagement plays in college athletics. It's not women's soccer or volleyball—it's women's lacrosse. My NIL Research Poll data shows these athletes deliver higher engagement rates, better brand satisfaction scores, and stronger deal completion than their peers. And they're priced 40% below comparable engagement in other sports. Here's why women's lacrosse is the market's most undervalued NIL opportunity.

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Bill Carter
Most NIL Deals Pay Less Than a Used Honda

The median NIL deal is $60—not $60,000. While headlines trumpet seven-figure quarterback contracts, the gap between perceived NIL wealth and reality is poisoning the ecosystem. Brands don't engage because they assume athletes expect fortunes. Universities field complaints about "all this money" while most athletes have earned less than a textbook stipend. And the public resents wealth that doesn't exist. Here's what the data actually shows—and why it matters for brands, universities, and the future of college sports.

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Bill Carter