SAN JOSE, CA – JANUARY 05: Alabama Crimson Tide wide receiver Jerry Jeudy (4) with the Facebook … [+] Activation during the Alabama Crimson Tide’s Media Day for the College Football Playoff National Championship on January 5, 2019, at the SAP Center in San Jose, CA. (Photo by Chris Williams/Icon Sportswire via Getty Images)

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It’s September and the college football season is underway. Today, we have some early trend lines from Opendorse on how well the athlete endorsement industry (NIL) is faring.

From July 1-August 31, the top three NIL activities are: posting content (47.8%), licensing rights (19.1%) and signing things (autographs) (12.8%).

Looking at the gender comparison across NCAA Divisions:

           NCAA Division I – Men lead the women 80.3% to 19,7%

           NCAA Division II – Women lead the men 66.9% to 33.1%

           NCAA Division III—Men lead the women 84.3% to 15.7%

The average compensation for all athletes across all three Divisions is $458.74.

Several things jumped out in this very early read of the landscape. It is surprising that providing instruction wasn’t higher on the list (0.4%), as athletes running their own camps and clinics was one of the advantages most cited by advocates. It could be because the July 1 start date did not allow for time to ramp up summer camps and clinics. Look for that to change in 2022.

BATON ROUGE, LOUISIANA – OCTOBER 24: Derek Stingley Jr. #24 of the LSU Tigers in action against the … [+] South Carolina Gamecocks during a game at Tiger Stadium on October 24, 2020 in Baton Rouge, Louisiana. (Photo by Jonathan Bachman/Getty Images)

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There has been a lot of talk around car deals, including the very fancy Ford Shelby GT LSU star cornerback Derek Stingley accepted earlier this summer. I asked Opendorse CEO, Blake Lawrence, about how these arrangements work. Via email, he told me: “Car deals make headlines, but they make up a tiny portion of the NIL activities occurring in the market today. So for every high-value car deal, there are potentially thousands of deals with compensation of $100 or less.”

He elaborated, “there certainly are nuances to every car deal. Most fans don’t realize that it’s likely that the cars are “leased” to the athlete, with the amount of the lease counted towards the athlete’s compensation total. If an athlete has received a $10,000 car lease in-kind, in exchange for ‘NIL’ activities, the $10,000 will be included (in the total)”. In fact, these arrangements are similar to the “courtesy cars” the coaches and administrators have been receiving from dealerships for decades.

Also surprising are two other early trends—signing autographs and/or appearances somewhere are way down the list. Advocates predicted these two areas might rise to the top; but with only 1.7% and 1.2% of total activities falling into those categories so far, clearly the interest isn’t there just yet. Lawrence told me, seasonality plays a role in NIL earning potential.”

It’s important to keep in mind that this is one data set; there are other companies in this space as well.

According to Opendorse, for the time period from July 1-August 31, 2021:

The Top Conferences for Total NIL Compensation:

1.    Big Ten

2.    ACC

3.    SEC

4.    Big 12

5.    Pac-12

6.    Mountain West

7.    AAC

8.    Big East

9.    Mid-America Intercollegiate Athletics Conference

10. C-USA

11. SWAC

12. A-10

13. Sun Belt

14. MAC

15. Chicagoland Collegiate Athletic Conference

16. Horizon League

17. American Rivers Conference

18. Southern Conference

19. Centennial Conference

20. WAC

21. South Atlantic Conference

22. MAAC

23. Ivy League

24. Independents

25. America East

Top Sports for NIL Compensation (Total Compensation by sport)

1.    Football 60.1%

2.    Women’s Volleyball 9.8%

3.    Men’s Basketball 9.7%

4.    Women’s Basketball 2.3 %

5.    Men’s Swimming and Diving 2.1%

6.    Softball 1.9%

7.    Men’s Tennis 1.8%

8.    Men’s Lacrosse 1.4%

9.    Men’s Soccer 1.2%

10. Women’s Ice Hockey 1.2%

11. Women’s Soccer 1.1%

12. Women’s Field Hockey 1.0%

13. These sports listed are currently less than 1% of the market:

·     Women’s Gymnastics

·     Baseball

·     Women’s Track and Field

·     Men’s Wrestling

·     Men’s Gymnastics

·     Men’s Track and Field

·     Men’s Golf

·     Women’s Tennis

·     Women’s Golf

·     Women’s Swimming

·     Men’s Ice Hockey

·     Women’s Lacrosse

·     Women’s Rowing

When asked where he sees both the deals and strategy going over the next six months, Lawrence said “For individual sports, seasonality and success will always drive interest. But the entire NIL market will only grow over the next six months. 

“We’re beginning to see long-term commitments from brands and advertisers exceeding seven-figures to engage groups of college athletes. These brands will naturally become more comfortable with the rules and machinations of the market and increase spends in the near term.”

For athletes looking to cash in, early trends point towards maximizing your opportunities and exposure during the season. There’s only one drawback; you have to also make time for classes, practice, weights, study tables, team meetings, etc.

It’s great to be a college athlete.

Source: When It Comes To NIL Value, Football Is Still King, But Women Rule In Division II

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