scholarship offer to play football. The annual scholarship costs at VT runs from around $31k to $51k for a full scholarship depending on whether they are in or out of state and their educational degree program, plus there is more costs for summer school. And a lot of private schools costs are much higher. So, what just out of high school graduate is going to be paid that much in the job market? None, except perhaps in very rare instances.

The schools provide an opportunity for the kids to further their education and enter the job market as educated and employable. The percentages of college players that will actually make significant $ from NIL is likely small. I’ve attached an article that details the percentages of high school and college football players chances of making the NFL and actually making a team. The percentages are very small.

The schools generate a lot of money from the play of the football and men’s basketball, and certain women’s basketball programs just like businesses, but also provide additional benefits like medical, tutoring, and counseling services. Right now the “compensation” and benefits for athletic performance is not taxable.