American Top Team to Offer Miami CFB Players NIL Contracts Worth Up to $6K a Year

AP Photo/John RaouxAmerican Top Team, a renowned MMA training center, will offer every University of Miami footballer a Name Image, Likeness contract worth up to $6,000 per annum.Gary Ferman from CaneSport.com stated that the deal will pay $500 per monthly and be available to all players in exchange for personal appearances, social media posts and other marketing avenues.American Top Team founder Dan Lambert said he hopes to include small businesses in his plans:Lambert stated that the NIL legislation offers businesses and fans an incredible opportunity to directly affect the lives of these players as well as the national reputation for our team. I originally intended to only enter into deals with a handful of players, but then I realized that there was a much bigger game here. We can reach all players with the right contacts and financial commitment. This will allow us to get the city behind this team. We can BRING BACK SUU."Although $500 per month is not a significant amount of money, especially with deals reaching millions of dollars, it may be enough to provide some comfort for players.A group of small businesses located in Miami could offer similar benefits to players who sign up. This could lead to a lower entry-level salary for Hurricanes' players who aren’t targeted for individual deals.NIL rules will include an adjustment period for players and businesses, so Lambert's idea could be a good one.