Sixty-eight schools approach $20.5 million revenue-sharing cap in NIL earnings
2 sources • 1 min read • Latest: Oct 2, 2026, 12:32 AM
Last updated Oct 2, 2026

As of October 2, 2026, sixty-eight schools have reached or are within 5% of the $20.5 million revenue-sharing cap established for the first season of name, image, and likeness (NIL) payments. The substantial figures demonstrate the growing impact of NIL deals in college sports. These new financial avenues have altered the dynamics among athletic departments, providing a boost to revenue streams that were previously non-existent. As schools navigate this new, further developments may arise impacting financial strategies.
- •Sixty-eight schools report close to the $20.5 million revenue-sharing limit.
- •The cap pertains to earnings from NIL payments in the first season.
- •Schools have reached or are within 5% of this revenue threshold.
- •The growth in NIL deals is reshaping college athletics' financial.
- 1:23 AMESPN NCAAF — CSC: 68 schools hit, came close to $20.5 million revenue-sharing limit
"Sixty-eight schools reached or came within 5% of reaching the $20.5 million revenue-sharing cap over the first season of NIL payments.
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