Iowa Star Caitlin Clark’s NIL Deals Are Making Headlines For Obvious Reasons!
Few sportsmen have achieved the level of marketability that Caitlin Clark has while playing for the Iowa Hawkeyes. Although Clark’s NIL arrangements are kept private, like those of other athletes, On3.com estimates the Iowa star’s net worth to be $3.1 million.
Iowa Star Caitlin Clark’s NIL Deals Are Making Headlines For Obvious Reasons!
Major brands including Nike, State Farm, Gatorade, Panini America, Xfinity, and Gainbridge are among the companies with which Clark has partnered on NIL arrangements. According to these estimates, Clark has the highest NIL value of any female collegiate basketball player, followed by Angel Reese, who is valued at $1.8 million.
Clark ranks fourth in the On3 forecasts, slightly behind Livvy Dunne, Bronny James, and Shedeur Sanders. According to Rachel Bachman of The Wall Street Journal, Clark is represented by Excel Sports Management, a business that represents a roster of elite professional athletes.
If Caitlin Clark, Angel Reese and Paige Bueckers can make more money by staying in college through NIL than the WNBA, why not just stay? Staying in school also does more for their individual brand and garners more attention and fanfare.
An interesting decision for them. (Clark…
— Chase Senior (@Chase_Senior) April 2, 2024
The money Clark will make when she eventually joins the WNBA has received a lot of attention. The league is still way behind in terms of remuneration; as the number one overall choice, Clark will still earn a pitiful $77,000. That is, however, insignificant in comparison to the transactions she has previously closed.
She now has many Name Image Likeness (NIL) agreements with some of the most well-known companies worldwide. It’s enough to make Clark the fourth-highest NIL earner in the On3 database and the highest-paid women’s basketball player by a significant margin (Angel Reese is in second place at $1.8M).
I am a huge Caitlin Clark fan. But Saturday was the first time that I pondered whether all the national commercials and NIL money have turned Caitlin Clark into another spoiled, entitled jock. Money, fame, and social media corrupt. pic.twitter.com/qAkXMGRi4C
— Jason Whitlock (@WhitlockJason) March 25, 2024
The only three athletes currently making more than Clark:
- Bronny James, USC guard and son of LeBron James ($4.9M)
- Shedeur Sanders, Colorado QB and son of Deion Sanders ($4.7)
- Livvy Dunne, LSU gymnast and TikTok star ($3.6M)
Here’s a full list of Caitlin Clark’s current NIL deals, in reverse order of the date she was signed:
Xfinity
Date signed: 3/24/24
In Clark’s nationwide TV ad for internet service provider Xfinity, Caitlin Clark: City Planner was contrasted with Caitlin Clark: Basketballer.
Gainbridge
Date signed: 3/5/24
Gainbridge, a money management organization, signed Clark as soon as she declared her intention to participate in the WNBA Draft. Clark will be selected by the Indiana Fever, who hold the first pick and play at the Gainbridge Fieldhouse in Indianapolis.
3 college women’s basketball players that are using NIL the right way.
Caitlin Clark, Angel Reese, and Juju Watkins.
Why?
They’re using their platforms to make a difference. pic.twitter.com/3DmEmLYWQL
— Katie DeFeo (@ktdefeo) March 27, 2024
Panini America
Date signed: 3/6/24
Clark will have signature trading cards when she joins the WNBA thanks to her deal with trading card company Panini.
Gatorade
Date signed: 12/12/23
Midway through the season, the massive sports drink company signed Clark to a multi-year contract and promptly created a limited-edition line of goods featuring the Iowa star.
The BIG3 offered Caitlin Clark $5M to forgo the WNBA and join their league. The highest paid players in the WNBA currently make $242k.
This is obviously a huge difference, but I'd be shocked if someone of Caitlin's stature took the $5m. She made $3.1m in NIL money this past year…
— Tim Michaels – Franchise Consultant (@kickstartmyfran) March 30, 2024
State Farm
Date signed: 10/10/23
Clark signed a NIL contract with State Farm, an insurance firm that has contracts with several NBA players, making him the first collegiate athlete to do so. In her debut ad, she appeared with Jimmy Butler and Reggie Miller.
10,000 Small Businesses Voices
Date signed: 3/16/23
Clark, a representative of Goldman Sachs, made an appearance in a lobbying ad urging the federal government to renew the Small Business Administration’s authorization.
Caitlin Clark has been unbelievable for collegiate women’s basketball… worth every damn penny of NIL money she’s getting.
— Mackenzie Bishop (@abrazomack) April 2, 2024
Buick
Signed on March 13, 23.
During the NCAA women’s tournament last year, Buick signed Clark to a multi-year contract after realizing her NIL potential.
Nike
Date signed: 10/10/22
Since Nike signed Clark in 2022, there have been no shortage of advertising initiatives, such as this enormous billboard in Iowa City.
No one in college basketball moves the needle quite like Caitlin Clark does! Such a breath of fresh air in this NIL/transfer portal era. What a night for women’s hoops. Can’t wait to see the viewership numbers this one posts.
— Bobby Trosset (@bobbybaltim0re) April 2, 2024
H.R. Block
Date signed: 3/1/22
For H&R Block, Clark created a series of inspirational social media postings that exhorted young ladies to pursue their sporting dreams.
The Hy-Vee
Date signed: 1/18/22
Hy-Vee, a network of grocery stores in the Midwest, features a store-brand cereal called after the Iowa celebrity, Clark’s first NIL contract.
In collegiate athletics, the advent of the NIL period has made it possible for athletes to maximize their income. However, it has also made it more difficult for student-athletes to earn a living.
Caitlin Clark reportedly made $3.1M this season in NIL money pic.twitter.com/CIlAMkliZe
— SGG Media (@SGG_hq) April 1, 2024
While attending college, athletes are allowed to receive compensation from sponsorships and endorsements. It’s likely that you saw her State Farm advertisement during March Madness, which is just one of the several instances of the celebrity using her fame for personal gain.
The more intricate aspect involves athletes receiving compensation from university-affiliated collectives. Although Iowa does not allow Clark to receive a check, schools have gotten past this restriction by collaborating with boosters who manage the collectives.
Caitlin Clark is multi-millionaire from NIL deals, and it’s only going up https://t.co/SmrtpJhn6Q
— SB Nation (@SBNation) April 1, 2024
How much does Caitlin Clark make in Nil?
Clark earns an estimated NIL of $3.1 million, which places her above all other female basketball players. With 1.5 million social media followers, Clark has no affiliations with Gatorade, State Farm, Nike (NKE), or Xfinity. On Monday night in the Elite Eight round, Iowa takes on the LSU Tigers, headed by Angel Reese.
Caitlin Clark’s Incredible $3.1M NIL Value Ranks 4th Among College Athleteshttps://t.co/oaKwKh7J0P
— Eccker Sports | NIL Education (@EcckerSports) March 29, 2024
What is Caitlin Clark career high?
When Clark played Michigan at Iowa City on February 15, 2024, she scored 49 points, her career high.
How does Caitlin Clark make money?
According to On3, Caitlin now has 12 NIL agreements with well-known companies, such as Nike, Gatorade, State Farm, Buick, and more. She earns thousands of dollars a month from each of these collaborations, and two of them were even inked in the last few weeks (since she broke the NCAA Division 1 scoring record), according to the site.
Following TMZ’s claim on March 27, rapper Ice Cube verified that his three-on-three basketball club, the Big3 club, had made Caitlin an offer.
Give me one good reason Caitlin Clark can’t compete in the NBA. pic.twitter.com/08zx47c2Og
— Hoops (@HoopMixOnly) March 28, 2024
“We intended the offer to remain private while Caitlin plays for the championship,” he wrote on X (formerly Twitter). “But I won’t deny what’s now already out there: BIG3 made a historic offer to Caitlin Clark. Why wouldn’t we? Caitlin is a generational athlete who can achieve tremendous success in the BIG3.”
According to TMZ, the offer is reportedly for $5 million, which would increase her net worth even further. The rapper said that she may still play in the WNBA as an option to going overseas in the off-season.
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