College quarterback's NIL compensation nears $4 million amid new NFT partnership
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Texas quarterback Quinn Ewers has launched an NFT campaign with Metabillia that will pay him a total of $1 million, Yahoo Finance has learned. As a result, the 19-year-old's total compensation through name, image, and likeness (NIL) deals is now approaching the $4 million mark.
The average NIL quarterback sponsorship pays the athlete $2,466 per deal, according to Opendorse. Ewers's $1 million sponsorship is broken into 12 payments of various amounts well above the average on top of 50% revenue share. College athletes were cleared to profit from their NIL on June 30, 2021, when the NCAA made the groundbreaking decision to approve an interim policy that would allow all student-athletes to profit from their NIL.
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