On a side note, these "NIL" numbers are crazy (to fans, at least) in every sport.
I would not be surprised if the #1 wrestler in the country is getting $1M/year in "NIL." As we know, there are several Iowa wrestling boosters with a lot of money who want this program back on top (just look at the names on/in the wrestling building, for starters).
Iowa boosters are paying the new Iowa QB $1.3M for his ONE YEAR of services and Iowa football won't be winning any championships like Bo hopefully will.
These huge "NIL" deals are great for the kids, obviously; not sure how great they are for the sports, however. This kind of stuff used to give a program the death penalty.
The 1.3 for MG is also just something some local news outlet reported and didn’t have any real info. I’m guessing like a lot of NFL contracts there are bonuses added and could be up to 1.3 million though for hitting win totals, bowl games, big ten title game, and making playoffs. And even if it isn’t and it’s just 1.3 million straight up for one year with revenue sharing and then getting most likely 14 of the 20 mil of it in football plus collective money paying you’re starting qb 1-2 million a year of potentially 20+ million is going to be very standard for P4 schools.