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Morning Buzz

Start your morning with Buzzcast with Abe Madkour: OKC in the spotlight and it’s not just hoops; Bettman/Daly talk state of NHL and Fenway Sports Group’s development plan around Fenway Park

The NBA Finals between the Thunder and Pacers opens with Game 1 tonight in Oklahoma City, and the matchup stands “in direct opposition to the NBA’s long-standing conventional wisdom that the most famous and influential players shape the championship landscape by assembling super teams in glamorous coastal cities” (WASHINGTON POST, 6/5).
NBA Commissioner Adam Silver said that the upcoming NBA Finals matchup between the Thunder and Pacers is a great thing for the league, saying, “The goal is to have a league where every team is in a position to compete.” Silver: “It’s one thing I really admire about the NFL. If we were going into a Super Bowl and it was Packers against Steelers, you guys would be celebrating that. Those would be storied franchises. People wouldn’t be talking about the fact that Pittsburgh is a small market.” Silver noted it has “been intentional” to “create a system, a collective bargaining agreement, that allows more teams to compete.” Silver: “We’re going to have to go through a process of getting to the point where people are accustomed to tuning into the finals, because the two teams deserve to be there, and it’s the best basketball” (“Breakfast Ball”, FS1, 6/4).
The Pacers announced $5 tickets “are available for Gainbridge Fieldhouse watch parties for the first two games” of the NBA Finals. Game 1 watch party tickets went on sale at 10am ET Wednesday, while Game 2 watch party tickets go on sale at 10am today (INDIANAPOLIS STAR, 6/3).

The Missouri Senate early Thursday approved a more than $1.5B plan “aimed at keeping Kansas City’s professional sports teams from being lured across the state’s western border” to Kansas. Meeting “late into the night” in a special session called by Gov. Mike Kehoe, Senate Republicans “rushed to trade votes for the stadium plan by raising the ante on aid for victims of St. Louis’ May 16 tornado” from Kehoe’s $25M initial offering to $100M. The plan “now heads to the GOP-controlled House,” which is “expected to convene Monday and adopt the plan.” The stadium measure was “approved on a narrow 19-13 vote.” Under the agreement, Missouri “would back about 50%” of the costs for a new ballpark for the Royals ($1B-$2B) and Arrowhead Stadium upgrades for the Chiefs ($1.15B), “making 30 years of bond payments equal to the annual state tax revenue generated by the teams.” Local governments “also would have to provide some aid for the teams.” The state assistance “would cost taxpayers an estimated” $1.5B over 30 years. The teams “have not committed to stay in the state” (ST. LOUIS POST-DISPATCH, 6/5). To qualify, stadiums “must have more than 30,000 seats, must serve a professional baseball or football team, and must cost at least” $500M (KSHB.com, 6/5).

Chicago Sports Network is “expected to launch on Comcast cable Friday on Xfinity’s Ultimate tier,” finally putting the new network on the area’s dominant cable operator after months of negotiations. CHSN launched Oct. 1, 2024, with agreements with Astound/RCN cable and DirecTV satellite and streaming, but it “has been blacked out” for Comcast’s 1 million Chicago-area customers. Xfinity’s Ultimate tier “will cost customers an additional $20 per month.” Customers “had been receiving a monthly credit of $8.85 to offset the loss of NBC Sports Chicago,” which went off the air Sept. 30. While CHSN will air on the Ultimate tier, the Cubs’ Marquee Sports Network is “expected to remain on the Popular tier through the season and move to the Ultimate tier before next season” (CHICAGO SUN-TIMES, 6/5).

The NHL and NHLPA haven’t finalized a new CBA yet, but Commissioner Gary Bettman said prior to Game 1 of the Stanley Cup Final that they are “in really good shape” with more than a year to go before the expiration of the current agreement. Bettman had previously expressed hope that the league and union could have a deal to announce by the start of the Final, but he noted discussions began later than initially anticipated “for a variety of reasons on both sides.”
The commissioner, who has been involved in three work stoppages in his 32-year tenure, said there is “no comparison” between this round of talks and the more contentious negotiations in previous cycles with previous union leadership.
“That’s a testament to [NHLPA Exec Dir] Marty Walsh and [Assistant Exec Dir] Ron Hainsey and people at the Players’ Association who have been working with us, whether it’s on Hockey Fights Cancer with the V Foundation or 4 Nations. I think we’re in a really good place in terms of our relationship.”
Bettman and Deputy Commissioner Bill Daly took questions for about 20 minutes, touching on a variety of topics:
- Islanders to host make-up event in ’27: Bettman said the league will bring a mid-season league event to UBS Arena in 2027 following the decision to scrap next year’s All-Star Game that the Islanders were slated to host. The league is still figuring out exactly what that event will look like after this year’s 4 Nations Face-Off raised the bar for All-Star events. “We’re still trying to figure out what we can do that will do justice to the level of interest and authenticity that we and the players created in 4 Nations,” Bettman said.
- State tax discrepancies: Daly said league leadership doesn’t “share the level of concern” that some of its clubs (and their fans) have about teams based in lower-tax jurisdictions having an unfair competitive advantage. The impact of income tax rates on competitive success has been a hot topic given the recent success of teams who play in states without state income tax, most notably the Panthers and Lightning in Florida.
- No expansion updates: Daly said the league does not intend to launch a formal expansion process but remains open to appeals from potential ownership groups who “has all the requisite elements that we would look for in expansion franchise.” There has been considerable buzz around Houston and Atlanta as potential markets for the league’s 33rd and 34th teams.
- Bettman staying put: The commissioner said he has no plans to retire anytime soon despite comments earlier this year by Wild owner Craig Leipold saying the league is preparing for Bettman’s retirement in “a couple years.”

MLB Commissioner Rob Manfred said that the league is having “three different sets of conversations” with potential media partners, and he hopes that the short-term national situation is decided in the “next few weeks” leading up to the July 15 All-Star Game in Atlanta.
ESPN’s rights for “Sunday Night Baseball,” the Wild Card Round and the Home Run Derby are up after this season. Two of the potential platforms for those rights, from 2026-28, are Apple TV and NBC, as SBJ reported. Asked whether ESPN could get back in the discussions, Manfred said he would go further.
“Each set of conversations involves a different group of content. They’re not the same,” Manfred said Wednesday at the MLB owners meetings in N.Y. “It’s not like it’s one package that we’re talking to three different people about. We’re talking to three people about different packages.”
On the subject of reach versus dollars in conversations, Manfred said, “Given that we see the ESPN part of it, or what used to be the ESPN part of it, as kind of a bridge to 2028 [when all MLB national media rights deals are up], I would overweight reach on that package, but it’s still a balance.”

President Donald Trump’s proclamation banning travel from 12 countries contains an explicit carve-out for athletes, team personnel and their families traveling to the U.S. for the 2026 FIFA World Cup, as well as the Olympics and other major sporting events.
The order fully restricts the entry of foreign nationals from Afghanistan, Burma, Chad, Republic of the Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen. It also partially restricts travel from Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan and Venezuela.
The exception for the World Cup is especially significant given that one of the 12 banned countries, Iran, has already qualified for the tournament, which will be held next summer in the U.S., Canada and Mexico. At least two other banned countries, Haiti and Libya, have realistic chances of qualifying for the tournament, as does Venezuela. Though the proclamation, which is slated to take effect Monday, would allow athletes and team personnel to enter the country, it would seemingly prevent fans from the 12 banned countries from entering the U.S. to support their teams.
The proclamation raises questions about two major international soccer events beginning this month in the U.S., the FIFA Club World Cup and Concacaf Gold Cup. Neither event is specifically mentioned in the proclamation, which means it would be up to Secretary of State Marco Rubio to determine whether they qualify as “major sporting events.”

An L.A. Superior Court judge on Wednesday “pulled the plug” on Disney’s “efforts to hit the pause button on the so-called poaching” of Justin Connolly by YouTube. That means Connolly “can start” in his new role as as global head of media and sports for the Google-owned platform. Wednesday’s ruling comes “just two days after YouTube clapped back on Disney’s move to stop Connolly from taking his duties” at his old company to his new one. Disney in late May said it would be “extremely prejudicial to Disney for Connolly to breach the contract which he negotiated just a few months ago and switch teams when Disney is working on a new licensing deal with the company that is trying to poach him.” However, YouTube promised that Connolly would “have nothing to do with any licensing deal” (DEADLINE, 6/4).

The decision to use a piece of land in Far West Oak Cliff for the Wings practice facility “will go before the Dallas Park and Recreation Board” today. If the board denies the use of the undeveloped park land, Dallas will “look at another undisclosed option” for the Wings to begin practicing in the city in 2026 (DALLAS MORNING NEWS, 6/4). Sources said that Dallas’ park officials will vote today “on a three-year licensing deal” with USL Atlético Dallas to “use the Cotton Bowl stadium and MoneyGram Soccer Complex for three years” (DALLAS MORNING NEWS, 6/4).

NWSL selected Rank + Rally as its leaguewide retail partner in advance of the 2025 kit design launch for each of its 14 clubs several months ago.
Without sharing specifics, Levy called 2025 kit launch sales “unprecedented.” Rank + Rally — owned by Levy — helped the league roll out an enhanced NWSLShop.com experience, and set up a brand-new, 10,000-square-foot warehouse in Chicago fully dedicated to fulfilling e-commerce orders. The warehouse officially opened this week and is centrally based in the U.S. for the fastest distribution to NWSL fans stretching from coast to coast, including newest clubs in Boston and Denver.
Rank + Rally won a competitive RFP process to earn the NWSL’s business. The Portland Thorns and Chicago Stars were already Rank + Rally team clients, while Levy provides food and beverage service at NWSL venues in Houston, K.C., Portland, Louisville, Seattle, Washington and Utah.

Actors Hugh Jackman and Ryan Reynolds have acquired a controlling stake in SailGP’s Australian team, which is being rebranded to the “Bonds Flying Roos SailGP Team” in line with the signing of its first title sponsor, Australian underwear brand Bonds. The actors join driver, CEO and co-owner Tom Slingsby as leaders of the team.
“I’ve gotten to know [Jackman and Reynolds’] teams really well and have met with Ryan,” Slingsby told SBJ at a press event Thursday morning ahead of SailGP’s N.Y. race on June 7 and 8. “We’re fully positive that they’re going to be really involved.”
Financial terms of the transaction were not disclosed, and a SailGP representative declined to comment. The Australian team is the second SailGP team to sell this year, along with Red Bull Italy, which was recently acquired by an investor cohort organized by Muse Sport at a $45M valuation. The league’s U.S. team is also currently seeking new investment at a $125M pre-money valuation.
“It’s a huge compliment to us around what we’ve built as a property,” SailGP Managing Director Andy Thompson said of increased investor activity around the league. “I don’t like to see this as celebrity investment. This is real, authentic investment. Groups have approached who have seen that the league is at a pivotal point in a sense of the valuations of these teams are likely going to increase significantly over the coming years, and it’s a great time to get in now.”

Rogers Communications “has received all necessary league approvals” to buy out rival Bell’s 37.5% stake in Maple Leaf Sports & Entertainment. Rogers announced Sept. 18 that it was buying Bell’s stake in Toronto-based MLSE, which includes teams in the NHL, NBA, CFL, MLS and AHL. Rogers said Wednesday those five leagues “have signed off on the deal” that would see it “increase its ownership stake in the company” to 75%. The deal also “includes the transfer of NBA TV (Canada) from Bell to Rogers,” and that aspect is “subject to approval from the Canadian Radio-television and Telecommunications Commission” (CP, 6/4).
On the pod this week, Austin Karp and Mollie Cahillane break down the opportunity for the NBA Finals to showcase budding stars who play in smaller TV markets. The duo also discusses whether “Inside the NBA” could change on ESPN next season, and what ESPN talent might make sense to mix in with the current crew. Also, a look at the Stanley Cup Final rematch between Edmonton and Florida and what’s going on with MLB media. Finally, Cahillane catches up with Ally Financial’s Andrea Brimmer to discuss how the brand, a big sponsor in sports, views the media value of the properties it has deals with.
Speed Reads…
Georgia Tech Athletics COO & Exec Deputy AD Jon Palumbo will serve as VP & interim AD for the department. Palumbo currently serves as the day-to-day administrator and liaison for the football program (ATLANTA JOURNAL-CONSTITUTION, 6/4).
Attendance for the Marlins versus Rockies series at loanDepot Park “was unprecedentedly low,” as Wednesday’s paid attendance was 6,261, Monday’s paid attendance was announced at 5,894 and Tuesday evening’s game was 7,583 (MIAMI HERALD, 6/4).
The Eagles have “postponed” their Super Bowl ring ceremony, which originally was scheduled for Friday, according to sources. The reason for the delay “came down to the commissioned jewelers needing more time to finish the rings,” according to a source. Tee new date “remains unclear” (PHILADELPHIA INQUIRER, 6/4).
The ECHL has tapped Florida-based Sports Business Advisors to help with a variety of commercial priorities, including revenue generation, enhanced branding and league awareness. SBA will assist the minor hockey league (the hockey equivalent of Double-A baseball) create sponsorship inventory and support tentpole events such as the All-Star Game and Kelly Cup Playoffs. ECHL teams will also have access to SBA’s services (Alex Silverman, SBJ).
Opendorse and Student Athlete Score have inked a technology partnership that will provide universities and their student-athletes with tools to enhance athlete branding, streamline NIL opportunities and drive long-term success. The deal will see Opendorse’s NIL deal facilitation tools be complemented by Student Athlete Score’s real-time marketing data and benchmarking insights (Opendorse).
Quick Hits….
“It can’t be overstated what the Viola family has done for us to implement [what we need]. We need a practice facility? ‘OK. Here you go.’ And it’s beautiful. And to allow us the flexibility to try to do the things that we think are necessary to try to win and to try to have an excellent organization” — Panthers President of Hockey Operations and GM Bill Zito, on how the Panthers have maintained success (MIAMI HERALD, 6/4).
Morning Hot Reads: United behind the Oilers
THE ATHLETIC went with the header, “Amid Canada-U.S. tension, will Canadians cheer for Oilers in Stanley Cup Final?” Now, more than ever, it “looks like” Canadian fans are “willing to hop on the Oilers bandwagon.” An April poll by Angus Reid found 71% of respondents who were Canadian hockey fans said that they “would cheer for any Canadian team to win the Stanley Cup, not just their own.” Canadian nationalism and identity have been “a key theme north of the 49th parallel in 2025.” While Edmonton is still part of Canada and Canada remains a sovereign country, the Oilers “are the nation’s team.”
Also:
Social Scoop…
“Every day Roman Anthony’s not in the big leagues that’s a day that he could have won a game for this team.”@JeffPassan questions the lack of urgency from the Red Sox to call up Roman Anthony. pic.twitter.com/p8lIdEW1x8
— Section 10 Podcast (@Section10Pod) June 5, 2025
“He recalled that before an 1831 revolt, he had a vision of ‘white spirits & black spirits engaged in battle.’”
Off the presses…
The Morning Buzz offers today’s back pages and sports covers from some of North America’s major metropolitan newspapers:
Final Jeopardy…
“Who is Nat Turner?”
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The Cost of NIL
JACKSON, Miss. (WLBT) – Name, image, and likeness.
It has taken athletics across the amateur level by storm nationally, creating an avenue for players to make money from their NIL, particularly in football.
College football, most notably at the NCAA Division I level, has been forever changed because of it, with one SEC coach calling the state of CFB “sick.”
“We’re trying to sound warning bells. There’s a warning that the system that we are in really is sick right now, and college football is sick,” Missouri head football coach Eli Drinkwitz said about NIL on Monday, December 16, ahead of his team’s appearance in the Gator Bowl. “There’s showing signs of this cracking moving forward… Tampering is at the highest levels – there is no such thing as tampering, because there’s no one that’s been punished for tampering. Everybody on my roster is being called.”
In Mississippi, Ole Miss has benefited from its strong NIL movement, the Grove Collective, which is a large reason why the football program is hosting a College Football playoff game in the school’s first-ever appearance.
But how is NIL affecting high school student-athletes in Mississippi?
Thirty-six states in the country are allowing high school student-athletes to profit from their name, image, and likeness.
Mississippi is not one of them.
“NIL is not for high school students,” Rickey Neaves, the Executive Director of the Mississippi High School Activities Association, said. ”They’re much too young to be taking on that responsibility and handling that large sum of money. So, a high school student and our association need to concentrate on number one, being a young person and enjoying school, enjoying the high school experience, and just being a young man or a young lady. And then the rest of it will take care of itself later on. They’re going to have to work and be responsible later on in life, and long enough. So let them be young while they can.”
According to Yahoo Sports, Fazion Brandon, a five-star recruit playing high school football in North Carolina, is allegedly making $1.2 million in NIL money, who signed several highly publicized contracts since his lawsuit.
Tristen Keys, the highest-rated Mississippi recruit in the class of 2026 and a senior at Hattiesburg High School who signed to play CFB at Tennessee, has an NIL valuation of over $500k, according to On3 Sports.
While not naming the said student-athletes, Neaves confirmed that several Mississippi athletes have been approached every year with a large sum of money with NIL deals since its emergence.
$1.2 and $1.4 million to be exact.
These individuals likely played football in the state, with Mississippi consistently ranking in the top five, and even the best in the country in producing four and five-star talent on the gridiron, multiple reports show.
In fact, 12 high school student-athletes are ranked in ESPN’s Top 300 recruits in the nation, with 5 of them being ranked in the top 100.
That amount of money is hard to turn down for anyone, let alone a high school athlete with the opportunity to achieve dreams at the tip of their finger.
Neaves said turning this opportunity down has impacted a select few of student-athletes in the state.
However, there are ways around signing an NIL contract that can’t be accepted until they graduate and are enrolled in a university.
“They can sign an NIL contract. [But] they or their parents cannot receive any money or any goods that can be escrowed, as we call it, into a bank account for when they do graduate,” Neaves stated. “They cannot use their school logo, their school colors. It does not keep them from using their own name, their own image, and their own likeness, but all of that other belongs either to their school or even to the association, so they can’t use that.”
“We do encourage parents to look into that,” he continued. “I had a deal with a couple of student-athletes last year, and my advice to them was, you can’t tell a young man when they’re 17, 18 years old to turn down $1.2 million. What you can tell them is to be very careful, have that money escrowed and waiting on you once you use your eligibility or once you have graduated, and then build your own name, your own legacy, and build off of that.”
No local student-athletes, according to Neaves, have left the state to pursue NIL deals that are eligible to profit from while in high school.
While the NIL movement hasn’t made its way to high school athletics in the Magnolia State, Neaves suggests another entity is directly affecting high school athletics here.
The transfer portal.
It has changed the landscape of amateur athletics forever, with major colleges able to pay millions in NIL contracts for transfers arguably older and more ready-made for a football program – or any other athletics program, for that matter – to win immediately.
While there are no formal, large-scale academic studies that provide a precise, specific percentage of high schoolers affected, this in turn undoubtedly results in fewer roster spots and scholarship offers for talented high school recruits.
In 2023, an analysis done by Gene’s Page shows that SEC programs’ high school signees dipped nearly 11-percent between 2019 and 2021 as the portal gained prominence.
The FootballScoop stated in an article that in 2021, around 400 fewer players across the country signed FBS scholarships compared to the two cycles prior, and the trend has continued.
Neaves proposes that high school athletes in the state are impacted today.
“We need to look at what that is doing to our high school athletes,“ he warned. ”Right now, we have some outstanding high school athletes, both male and female, who are not getting the opportunity to go on to the next level because these people are still hanging around. They’re gaining some of the six and seven-year college athletes, and that’s not letting today’s seniors in the room. One of these days, NIL money is going to run out, and you have, you have juniors and seniors in college that are staying in college because they’re making more money off their NIL than they would make out of working.”
Is there a future for NIL in Mississippi high school sports?
For the possibility of NIL to maneuver its way into Mississippi high school sports, it would first have to start above the MHSAA.
Neaves doubled down that it is not in the picture within the rules of the association, but that “the legislature could pass a bylaw that says student athletes of high school age can do this.”
“If that ever happened, we would have to stay within the rules ourselves. So, we would have to allow it,“ he said. ”I personally hope that does not happen because I think we have the best option for both worlds here. The student athlete can still have [NIL deals] waiting on them when they get out of school at any time in their life, when they are more adapted to [the] use of it and can benefit from it even more.”
It does remain a possibility, however.
More states are trending towards allowing high schoolers to make NIL money.
On November 25, Ohio became the latest state to join the NIL movement.
While it is technically out of Neaves’ control, he does encourage that high school sports remain the same in Mississippi.
“You never know in today’s world what’s going to be coming down the pipe, but I think you have to always look ahead and see what pitfalls are out there.”
“Let’s be realistic. Is a 16 or 17-year-old mature enough to handle a million dollars? No. I know when I was that age, I would have blown it and probably ruined my whole career while doing it. Now, that’s not what everybody would do, but if that happens to one person, that’s one too many.”
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Arch Manning Is Taking A Pay Cut To Help Texas Gain An Edge
© Scott Wachter-Imagn Images
College football has been skidding down a slippery slope since the start of the NIL Era, and the line between that level and the pros gets blurrier with every year that passes. Now, we’ve been treated to our latest shift on that front courtesy of Arch Manning’s decision to take a pay cut ahead of his second season as the starter for Texas.
Next summer will mark the fifth anniversary of the landmark Supreme Court decision that essentially forced the NCAA to abandon its longstanding efforts to prevent students from cashing in on their name, image, and likeness.
It was a fairly inevitable development and one that was poised to have a dramatic impact on the landscape of college sports. While most fans agreed that student-athletes deserved to make some money, the ways in which they’re now able to do so have slowly but surely eroded the spirit of collegiate athletics as the concept of amateurism becomes a memory of the past.
That evolution has been marked by a number of tangible signposts, and the latest stake has been pounded into the ground courtesy of Arch Manning.
Arch Manning is taking a pay cut to allow Texas to use more of its House settlement funds on other talent
Earlier this week, we were treated to the latest piece of evidence that college football is basically a pro sport when USC went out of its way to announce running back Waymond Jordan had re-signed with the program after deciding to return to the Trojans for a second season.
We’ve reached a point where every player is effectively a free agent when their season comes to an end due to the transfer portal, and schools now have even more money they can use to try to poach and retain talent in the wake of the House settlement that will allow athletic departments to redistribute up to $20.5 million in revenue to athletes during the current academic year.
According to Texas Insider, the University of Texas is setting aside around $14 million for its football program next season. Arch Manning will undoubtedly receive a significant chunk of that sum, but the outlet spoke with sources who say the quarterback will accept “a reduced compensation” from the Longhorns so they can spend more money on other players in pursuit of a national championship.
Manning certainly isn’t hurting for cash, as he reportedly received at least $3.5 million this season thanks to NIL deals with companies including Red Bull, Uber, and Warby Parker.
It’s a commendable move for a QB who will be looking to improve after largely failing to meet the admittedly lofty expectations surrounding him during a campaign where the Longhorns went 9-3, but it’s also one that shows the sport has firmly reached the point of no return.
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Texas QB asks for less NIL money to help boost roster
Updated Dec. 19, 2025, 10:54 a.m. CT
There are plenty of examples of a star in pro sports taking less money in order to help the overall roster. But it isn’t something that’s hit college football yet … until now, thanks to Arch Manning. Manning has asked to take a reduced portion of the Longhorns’ direct payout pool.
Manning’s aim at taking less NIL funds is to help improve the roster around him. Just like Patrick Mahomes, who regularly gives up millions to help the Kansas City Chief’s roster. Tom Brady did it with New England. Dirk Nowitzki, Tim Duncan, LeBron James, Kevin Durant, Jalen Brunson, Aaron Rodgers and Ben Roethlisberger have all helped the rosters around them by taking less.
In the pros, there are salary caps to negotiate. While college has no salary cap (yet), there is a finite amount in the NIL house pool. Texas can only spend what it has available. And while that pool is one of the biggest in the nation, Texas still follows a budget.
No doubt, Manning will be hoping the Texas coaching staff uses some of the freed up football revenue sharing funds on the offensive line. The line struggled in front of Manning all season and certainly inhibited his development early in the season.
Two offensive linemen are gone after the Citrus Bowl and Texas might lose a third. Left tackle Trevor Goosby was named first-team All-SEC is now contemplating going pro. Running back Jadan Baugh from Florida is also on Texas’ radar. The talented RB won’t be cheap.
Of course, it’s not like Manning will starve. The redshirt sophomore has one of the highest NIL valuations in nation. Manning has NIL deals with Red Bull, Panani, Uber and Warby Parker. Manning made north of $3.5 million in NIL deals in 2025, according to the Houston Chronicle.
With a big name that attracts major brands, Manning doesn’t need his big deals supplemented. But most college athletes are paid by the common pool of funds. Manning frees up some of that money for transfers.
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College football’s highest-paid player takes a pay cut to chase 2026 championship
Much like the NBA in the 2010s, once the actual season ends for college football, the real drama begins off the field. Since the conclusion of the regular season, many players have already announced whether they’ll enter the transfer portal or re-sign NIL and rev-share deals with their current teams.
There is no real contract system set up for college athletics the way there is in professional sports, where deals can be signed for four or five years, binding both sides. In college football, every player is basically a free agent every offseason and has the power to re-negotiate their deal or enter the transfer portal if they can’t agree to terms with their school. However, perhaps the most famous athlete in all of college sports is now deciding to reduce his salary, not increase it, as he plans to return for 2026.
That would be Texas quarterback Arch Manning. According to Sporting News and On3, Manning entered the 2025 college football season as, reportedly, the highest-paid player in the entire sport. On3’s NIL valuation database had Manning as the highest-valued player in the country heading into the year, and despite some dips in play, Manning still remains No. 1 in On3’s NIL100 rating the top 100 highest-valued college athletes. His current value is listed at $5.3 million.

But according to a report that came out Friday morning, Manning actually will accept less money from Texas’ direct revenue share next season in an attempt to help the team better equip themselves for a 2026 national championship run after disappointing their CFP expectations in 2025. It’s important to note that Manning’s endorsement deals, nor money from any NIL collective, are impacted by this.
“Sources tell Inside Texas that star quarterback has agreed to a reduced compensation amount from Texas’ House settlement revenue sharing pool in 2026,” On3 ‘s Justin Wells published on Friday. “This ostensibly doesn’t affect his compensation from fair market NIL, commonly referred to by Texas administrators as ‘real NIL.’ Manning has partnerships with Warby Parker, Waymo, Vuori, and Red Bull and is one of the most high-profile college athletes regardless of sport.”
This move here is noble by Manning but also makes most sense for the team. As Wells mentioned above, Manning is heavily partnered with national brands and is the unique college athlete who brings his own marketability to the table, outside of his performance. This is a guy that can generate millions of dollars from endorsements and public partnerships — what Texas admins consider “real NIL.”
Essentially, Texas can guarantee Manning less raw money via the rev-share route but still assure him that he’ll get his money through other NIL means. Then, the Longhorns can take that guaranteed rev-share money and use it on high-level players who may not have the same name recognition or personal brand as Manning.
More on College Football HQ
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Boise State transfers, NIL money, portal plan
For most people, this time of year is about spending time with family and enjoying some well-earned time off, maybe with a glass of eggnog and a holiday movie.
That will be the case for most of the Boise State football squad, which earned itself a long Christmas break after winning the Mountain West championship for a third straight year and playing in the LA Bowl last weekend — one of the earliest postseason games on the schedule.
But for head coach Spencer Danielson and his staff, this time of year is also about keeping the football family together for the following season and trying not to let the stress ruin a visit from Old St. Nick.
Despite the fact that college football’s bowl season and playoffs go deep into January, the transfer portal opens on Jan. 2 and runs through Jan. 16. That means players who are looking to move are already declaring their intentions — whether their reason is playing time, money or location — and being courted by programs across the nation.
After Boise State’s berth in the College Football Playoff last year, which led to the Fiesta Bowl on New Year’s Eve, the Broncos had to contend with some players going to the portal, such as wide receiver Prince Strachan (USC), linebacker Andrew Simpson (UNC) and defensive tackle Braxton Fely, who ultimately returned.
Things are somewhat less stressful this year, but the next couple of weeks won’t be that restful, either.
Here’s where Boise State stands from a recruitment and Name, Image and Likeness standpoint as the Broncos look to retool for 2026.
How does Boise State approach NIL?
A big indicator of where Boise State stands in the new whirlwind of college athletics is how much NIL money the program is able to dish out. Unfortunately, like most programs, it is tight-lipped about spending power.
Former offensive coordinator Dirk Koetter said last January that Boise State’s 2024 NIL budget was just shy of $2 million. Given Boise State pocketed at least $3 million for traveling to the Fiesta Bowl, and there was $8 million paid to the Mountain West to be distributed among its teams, Danielson’s team likely saw a bump in its spending power.
Danielson said that Boise State would see an increase in NIL spending from 2025 to 2026, but that it’s still not enough.
“Is it where we absolutely need to be? No, there’s still a lot of meat on the bone; we need to continue to push,” Danielson said Wednesday. “But it is an increase from last season, and I’m excited to continue to do that in the years to come.”
Danielson said he and his staff are busy prepping for the portal — including working with current players to keep them — but they won’t actively meet with anyone until at least Jan. 2.
The coach said Wednesday that some teams are already reaching out to players and attempting to cut deals, but he has made it clear that Boise State will play by the rules and not be involved in underhanded activity.
“If someone on social media says, ‘Hey, I’m going to transfer,’ we are going to log that to know, ‘Hey, blank player’s leaving, let’s look at some film and see,’” Danielson said. “But we are going to have zero communication with that young man until he’s on the board. … When the portal opens up on January 2, we can have communication.”
What is Boise State looking for in a transfer?
When asked which specific positions the Broncos might try to enhance throught the portal, Danielson again remained coy.
“We’re going to really look at it holistically, and we’ve got some spots left,” Danielson said. “I’m really, really proud of the class that we got coming in as freshmen, and we’ve got a few spots left that we’ll be looking at the transfer portal for.”
He added that the program is also evaluating junior college players, but isn’t going to “recruit a lot of them.”
Danielson already said BSU would not pursue a quarterback, putting his trust in starter Maddux Madsen and primary backup Max Cutforth, as well as the incoming freshmen.
Speculating on some of the team’s other needs, a veteran wide receiver is probably on the wish list. The only upperclassman set to return in 2026 is redshirt junior Chris Marshall. Behind him are exciting but more inexperienced underclassmen Cam Bates, Quinton Brown and Qumonte Williams Jr.
A good chunk of the starting offensive line needs to be replaced, with starting left tackle Kage Casey heading to the NFL Draft, and center-turned-left-tackle Mason Randolph and backup-turned-starting-center Zach Holmes both graduating.
Team captain Marco Notarainni is graduating at linebacker, but redshirt sophomore Boen Phelps made big leaps in 2025. Still, depth at that position is always crucial.
Players declare for the NFL Draft
Casey announced his intention to declare for the draft and opted out of Boise State’s LA Bowl loss to Washington. Casey didn’t even travel with the team to Southern California, and Danielson confirmed on Wednesday that he decided to keep Casey away from the team to avoid any distractions.
Fifth-year cornerback A’Marion McCoy, who missed the last month of the season with an injury, announced on his Instagram that he was declaring for the draft as well. McCoy ended the 2025 season with four interceptions, including a three-game streak of interceptions through October.
Junior safety Ty Benefield also could try to make it in the NFL. Benefield filed paperwork with the league last week to receive a draft projection and make a decision, and Danielson has said he will support whatever the team’s leading tackler from 2025 wants to do.
“It’s not a question of if he would be drafted, it’s a question of when,” Danielson said. “And he and his family are going to go through it and pray through it, and we’re going to go through that process in the next few weeks.”
Are any players leaving Boise State?
Several backups already have announced their intention to enter the transfer portal, including redshirt junior kick specialist Jarrett Reeser and redshirt junior offensive tackle Hall Schmidt.
Danielson said he doesn’t expect any major players to attempt to leave the program. One player who could be a target of other programs with lots of NIL money to spend is Benefield, but Danielson is confident that won’t happen if he decided to return for another college football season.
“I do believe that Ty and his family know, through how he’s been able to develop here, how he’s been able to play, the amount of NFL attention he has right now,” Danielson said. “If he decides not to go to the NFL, I believe that we would absolutely have a really good shot to keep him here, because he knows the best thing for his long-term future is being here.”
Danielson also has repeatedly said that a large chunk of the program’s NIL budget goes toward retaining and rewarding current players.
Boise State currently operates a tiered NIL model that provides a consistent package for players based on where the coaching staff believes each player is developmentally. Some of those groups include “guys that haven’t played, to played a little bit, to guys that are on the rise, to guys that are all-league,” Danielson said.
“I believe we’re going to find a way to give our guys really good offers. But more importantly, I need them to want to be here.”
NIL
WATCH | Ole Miss AD Keith Carter on College Football Playoffs, SEC Schedule, NIL, Rev Share and more
OXFORD, Miss. — The Rebel Walk’s Kam Wicker and Zach Moreth sat down this week with Ole Miss Vice Chancellor for Intercollegiate Athletics Keith Carter for an episode of The Rebel Talk, covering a wide range of topics relevant to Rebel fans.
Carter discussed the evolving landscape of college athletics, including NIL, revenue sharing, and the College Football Playoff, offering insight into where Ole Miss fits in a rapidly changing environment.
The Rebels’ athletics director also provided additional details on Ole Miss’ recent Request for Proposals (RFP), which seeks a development team to lead a transformative, multi-asset public-private partnership aimed at reshaping the areas surrounding Vaught-Hemingway Stadium and the campus edge.
In addition to the business of college athletics, Carter shared a more personal side, giving the hosts a glimpse into how he spends what little free time he has away from the office.
WATCH the full episode below:
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Evelyn Van Pelt
Evelyn has covered sports for over two decades, beginning her journalism career as a sports writer for a newspaper in Austin, Texas. She attended Texas A&M and majored in English. Evelyn’s love for Ole Miss began when her daughter Katie attended the university on a volleyball scholarship. Evelyn created the Rebel Walk in 2013 and has served as publisher and managing editor since its inception. Email Evie at: Evie@TheRebelWalk.com
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