Nearly $80 million worth of NIL deals cleared for college athletes

Nearly $80 million in name, image and likeness deals were cleared by the newly established College Sports Commission from June through the end of August, the clearinghouse announced on Thursday,

According to a report detailing the commission’s first two months, over 8,000 NIL deals were cleared, with values ranging up to $1.6 million and beyond.

The commission said more than 28,000 college athletes have registered to use the program, called NIL Go, which was created in the wake of the House settlement that allowed universities to distribute payments for the use of NIL directly to athletes. Schools are allowed to spend up to $20.5 million per year to athletes. The deas athletes have with schools do not go through the College Sports Commission. Only deals with external parties must get