Florida NIL

Zach Alboverdi posted a pretty good article about Florida's NIL situation.

Right now, for football and basketball, we are over $50 million in NIL. Football is $30+ and basketball is at $20+.

For football, Stricklin said there were 3 or 4 outliers that are ahead of us, but that we are in the second band of spenders. Basketball is near the top. Football and basketball get about 90% of the rev share dollars ($18.5 out of $20.5 total). Football gets $15.4 of rev share and basketball gets $3.075. The rest of the money comes from Florida Victorious.

Basketball seems like it might be a little artificially high with Haugh, Condon and Chinyelu coming back. Haugh himself is making over $8 million. When they leave, football's NIL budget is supposed to go up.

Golden had a pretty good quote about the situation with football too:

quote:

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“It’s incredibly tricky,” Golden said. “For me, I wasn’t born yesterday, man. I know that we at the University of Florida want and need football to be good, and I think getting coach Sumrall here was awesome. I think he’s a great fit and I think he’s already brought great energy on campus. I think people really appreciate the excitement he has about the opportunity. But we need to make sure football gets good guys. We need to make sure that for those six or seven Saturdays in The Swamp in the fall that we’re getting 90,000 in there and that we have the best product we can.

“But I do believe basketball needs to be as high as it can possibly be without taking anything away from football. And that’s just the reality with us being the two revenue sports. We’re able to drive a lot of eyeballs. We’re able to drive a lot of people to campus. Knock on wood, we’ve been selling out almost every home game we have. So, I don’t think we can take away anything from football to put our program forward. But I do think we need to be at the highest level possible outside of that football spend to make sure we maintain being competitive.”

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