Among 112 athletes with published contract values, we could not detect a relationship between audience size and what schools and collectives pay, after accounting for on-field production and program scale.
College athletes are often advised to grow their following and engagement to attract sponsors. NIL Club, for example, describes follower thresholds for brand deals:
“Many brand deals are only available to athletes who meet certain follower counts or engagement benchmarks, so growing your audience can open doors that were not there before.”
NIL Club, How to Grow Your Social Media as a College Athlete
Follower counts can help athletes qualify for brand deals, where sponsors pay to reach an audience. Our study examines a different source of income: payments from schools and collectives.
Commercial money is what brands pay for endorsements. Roster pay is what the school and its collective pay to have the athlete on the team, and since revenue sharing began it has become the dominant number for football and basketball athletes at this level.
Our roster‑pay benchmarks come from ESPN’s survey of more than 20 college general managers and agents (College football 2025: How much does each position cost?). They run from $200K–$400K for a tight end to $1M–$2M for a quarterback. The athletes in this study carry school and collective contracts between $500K and $6.5M. In the three years before revenue sharing existed, a top‑25 football earner in the commercial market did roughly 22 paid activities a year (Opendorse, NIL at 3, covering July 2021 to June 2024).
Across 54 programs whose funders we could verify, 51 booster foundations raised $1.69B and 12 NIL collectives raised $98.3M, a 17‑to‑1 gap (NIL Collectives Are 5.5% of the Money). A single athletic association out‑raised every identified collective combined. Those filings describe organizational revenue. They do not report individual athlete compensation.
Brands value the audience an athlete can reach. Schools and collectives also consider what that athlete contributes to the team. A factor that predicts endorsement income may have a different relationship with roster pay.
We tested whether follower count added information about roster pay after accounting for position, on-field production, and program revenue.
On-field production and program scale were associated with roster pay. We could not detect an association with follower count or engagement rate.
The estimates below use a common scale, roughly the difference between an average and an above-average value for each factor. The production estimate was about three times the follower-count estimate, and its range excluded zero.
All four factors enter the same model and use a common scale. Each bar shows the range consistent with the data. A range that crosses zero means we cannot distinguish the estimate from no association.
The follower-count range runs from about −7% to +20%. It includes zero and also includes associations large enough to matter commercially. The estimate remained small across the tests, but the sample is too limited to conclude that followers have no relationship with roster pay.
These results give athletes little reason to expect that growing an Instagram following alone will increase school or collective pay. Performance had a clearer relationship with roster pay in this sample.
For athletes and advisers, follower growth remains relevant to brand deals. Roster pay should be assessed separately, using the athlete's position, production, and program.
For valuations, the results support including production and program scale. They provide less support for placing heavy weight on followers when estimating roster pay.
The study covers 112 athletes and uses four measurements: pay, audience, production and program scale.
On3’s published NIL valuations. In July 2026 On3 changed these from estimates of an athlete’s marketing potential to figures that track what schools and collectives pay. Values run from $500K to $6.5M, median $2.0M.
Instagram follower count, plus an engagement rate across roughly 30 recent posts. Engagement is a median, not an average: one post announcing a transfer can outperform an athlete’s normal output tenfold, and an average lets that single moment set their whole figure. Followers run from 78 to 750,336, median 26,126.
Where an athlete ranks against everyone else playing their position, from ESPN’s published season statistics. A quarterback is ranked against quarterbacks, a receiver against receivers.
How much money the school’s athletics department brings in, as a percentile against other programs, from the U.S. Department of Education’s Equity in Athletics Disclosure Act survey.
The model tests whether audience is associated with pay after accounting for position, production, and program scale. These controls reduce differences caused by comparing athletes at different positions or in programs with different resources.
Pay is log‑transformed, so every result reads directly as a percentage change in pay. The four factors are put on a common scale so their sizes can be compared, and each is reported with the range the data cannot rule out.
Civly NIL Valuation compares a proposed deal with similar athletes and the market in which they compete.
Civly Athletics Research · prepared August 4, 2026. Figures reflect data available on that date. The source revises published valuations continuously. Sample: 112 athletes with both a published contract value and a measured audience. Of these, 66 had all four factors measured.
Institutional funding figures from Civly’s newsroom analysis, NIL Collectives Are 5.5% of the Money, linking the U.S. Department of Education’s EADA survey to IRS Form 990 filings.
Findings describe association in observed data and are not investment, contractual, or compliance advice.