Report: Grambling’s Historic NIL Deal Will Pay All Of Its Scholarship Athletes
Grambling State University is making history by being the first university to announce a name, image and likeness (NIL) deal that will benefit all of its scholarship student-athletes.
According to ESPN’s Pete Thamel, the deal will provide an annual income for each scholarship athlete at the HBCU for the NIL. Citing an anonymous source, Thamel reports that the deal is believed to be the first of its kind. It’s unclear how much money each athlete would receive.
According to NOLA.com, Urban Edge Network and Athlyt are two companies that have committed to fund the deal.
NIL deals went into effect starting in July 2021 and allow student athletes at various NCAA schools to use their own personal brands to benefit themselves through social media, merchandising and more.
Grambling football is currently in transition as they’ve hired former NFL coach Hue Jackson to replace Broderick Fobbs to helm the football program.
The report comes in the wake of two more Southern commitments switching their enrollment to the Louisiana school.