$90MM in NIL Deals in 6 months! · KICKERSCAMP: Kicking Skool

$90MM in NIL Deals in 6 months!

This commentary comes from ON3... just information that's good to know as the new NCAA world of college sports continues to develop.

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The College Sports Commission released its latest data Thursday from the NIL Go clearinghouse.

More than 12,000 total deals worth over $87.5 million have been cleared since June 11 to Nov. 1. The data released also highlights that only 394 deals valued at $10 million have not been cleared over that timespan.

According to the report, deals that the College Sports Commission deemed "not cleared" will not move forward. The average NIL deal that has been cleared is worth $7,186.88. In October alone, NIL Go cleared more than 3,300 deals worth a total of $24.95 million. None of the deals landed in arbitration.

The report also said 33,247 athletes are registered on the NIL Go platform, along with 1,251 institution users. Since the clearinghouse launched in June following approval of the House settlement, 53% of the deals were resolved within 24 hours, and 74% of the resolved deals were resolved within a week.

The College Sports Commission also highlighted in the report that of the more than 3,300 deals cleared last month, they were cleared 21% faster than in September. It's an important note as the clearinghouse has come under scrutiny from NIL collectives, agents and administrators for its delays in approving deals.

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