re: Is the Bama NIL collective in bad shape?

Opendorse is largely guessing at those values. Some collectives from Texas, LSU, South Carolina, and Tennessee are their clients.

LINK /

They just take donations (Generally just revenue in government financial statements), ticket sales, and then slap 16% on as NIL collective donations. So for instance, if LSU builds a new athletic stadium then that "collective amount" will increase because state contributions or movement from the University to the AD will be counted as donations. Despite it not actually having any impact on collective money.

I would take that with a massive grain of salt