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The Ascension of NIL: Biggest NIL deals for Black College Athletes

  • April 17, 2025
  • Trent Lucas
Biggest NIL deals for Black College Athletes
Image Credit: Dustin Bradford / Stringer | Getty Images
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Amongst the rapidly evolving world of college athletics, Black excellence in NIL deals is a revolutionary wave that is changing not just collegiate sports but all of sports business. Since the NCAA’s landmark policy change in 2021 allowing athletes to gain income from their Name, Image, and Likeness (NIL), we’ve witnessed a historic power shift that has particularly empowered talented Black athletes who otherwise would have had to wait until they became professional athletes to capitalize on their marketability. These changes have ushered in a fresh economic landscape whereby certain college celebrities are earning more than rookie professionals within their sport.  So we thought to highlight some of the biggest NIL deals for Black college athletes. 

A Long Overdue Change

For decades, college athletics operated under an antiquated amateurism model that deprived players of the opportunity to monetize their own persona as universities and the NCAA reaped profits in the billions. The NIL era is a radical solution to this imbalance, one that came much too late for generations of athletes who created staggering amounts of value for which they were not fairly compensated. 

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Having been a college athlete whose time was prior to such options, I can barely imagine the difference that these contracts would have made to our careers during our time. Even being at a smaller school, local deals would’ve still made an impact to our everyday life. Being able to make a salary and, in addition, be better as students and players at the same time would have changed the lives of many of the players, particularly those from less fortunate backgrounds.

The New College Sports Economy

The Black excellence in NIL revolution has unlocked a legitimate market for the commercial value of college athletes, with some of the most high-profile Black players signing deals that exceed rookie pro wages.  Here are some of the we thought to highlight some of the biggest NIL deals for Black college athletes. 

Travis Hunter: The Two-Way Sensation

Travis Hunter of Colorado is one of the most complete NIL success stories in college football. The two-way star who played both cornerback and wide receiver on an elite basis has built up an NIL portfolio that was worth an estimated $4.4 million, according to On3 Sports. Hunter’s deals included agreements with Celsius, Adidas, and American Airlines. His transition to join Coach Deion Sanders from Jackson State (an HBCU) to Colorado represented the new freedom and power players now possess in this new era.

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Shedeur Sanders: The QB Entrepreneur

Quarterback Shedeur Sanders has utilized both his on-field talent and the platform of his famous father to build an NIL empire worth more than $5 million. His endorsement list includes Beats by Dre, Nike, and his own product line of wear. What’s so special about Sanders’ case is the way in which he’s used NIL opportunities to build a personal brand independent of being a shadow of his dad. His entrepreneurial approach has resulted in revenue that dwarfs the endorsement contracts of a host of backup NFL quarterbacks.

Bronny James: The Legacy Builder

While LeBron James’ son Bronny may not have provided the same college on-court impact as other sporting personalities included here, his value through NIL rose to approximately $6.4 million during his brief college stint at USC before pursuing a career in the NBA draft. Bronny‘s case shows how name recognition within the family, social media, and strategic brand alliances create financial avenues aside from playing time. His Nike, Beats by Dre, and PSD Underwear contracts exemplified the use of NIL for players who already have ties to powerful brands.

Jeremiah Smith: The Powerhouse Phenom

Ohio State wide receiver Jeremiah Smith signed up at the university, arguably the most NIL-prepared freshman of all time for college football players. Smith earned endorsement contracts from Fanatics, Beats by Dre, and Ohio-based businesses totaling over $2 million before he ever laced up to play a single snap for Ohio State. While rookie NFL wide receivers must wait out draft week before money hits their pockets, Smith started earning his skills in the bank immediately when he became a college athlete. His valuation has risen to $4 million as he prepares for the 2025 season.

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AJ Dybantsa: Basketball’s Next Frontier

As the top-rated high school basketball prospect in the 2025 class, AJ Dybantsa is the definition of NIL revenue upside as a high school player. Even though he has yet to set foot on a college campus, Dybantsa already negotiated endorsement commitments that will kick in when he does get there, including a possible shoe deal. His situation demonstrates how NIL has extended the revenue calendar for players to begin forging business ties several years prior to the previous generation of players.

The Broader Impact on Black Players

The remarkable impact that these NIL innovations have on Black players from financially distressed backgrounds cannot be emphasized enough. For others, these deals bring immediate financial security and family support that was previously out of reach until professional leagues, maybe never.

The ability to make good money in school has also changed decisions regarding staying in school versus turning pro. Players can develop more holistically in college without the monetary pressure of leaving early for professional games, which may produce more well-rounded players and graduates.

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The Next Decade of Black Excellence In NIL

Looking ahead to the future of NIL, there are several basic questions that remain unanswered: Will colleges begin officially putting NIL opportunities in their recruiting pitch? How will high school athletic associations respond to the increasing monetization of adolescent athletes? Will NIL revenue disparities between revenue and non-revenue sports widen or narrow?

The impact on professional sports might be even more significant, as players who enter the draft will already have established brands and business acumen. Professional leagues may need to reconsider their approach to rookie contracts and promotion because these players will enter with financial portfolios and endorsements.

College athletic departments are also working through this new reality, with some creating defined NIL support staff and others taking a step back. Those institutions that are able to navigate through this new landscape have much to gain in terms of recruiting advantage to hire the best players.

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The transformation that we are witnessing is a revolutionary redefinition of sports economics, with athletes having unprecedented agency over their economic futures. Although there remain issues and problems of exploitation and unequal access to opportunity, the overall movement towards athlete empowerment must be regarded as a desirable trend, particularly for Black athletes who have historically been disproportionately exploited by the college sports system.

As college sports continue to change over the next decade, one thing is clear: Black excellence in NIL deals will continue to reshape the landscape of professional and collegiate sports, creating opportunities and economic upward mobility that a few short years ago were unimaginable.

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