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Industry Report / NIL Go

NIL Go deal flow

College Sports Commission data, plotted from launch on June 11, 2025 through August 31, 2026. Every NIL Go chart on this page is built from the six primary documents linked below, with 2025-26 revenue-sharing totals from the CSC's year-end CAPS release.

September 2026 reportView source PDFs
Cleared deals
46,478
$582.49M total value
Not cleared
2,296
$156.93M total value
Clearance rate
95.29%
of all submitted deals
In arbitration
1
as of August 31, 2026
Section 01 / Deal clearance

Clearance rates

Clearance rate over time
Cumulative clearance rate at each reporting snapshot
96.87%cleared
Oct '25
3.13% rejected
97.06%cleared
Dec '25
2.94% rejected
96.73%cleared
Feb '26
3.27% rejected
95.84%cleared
Apr '26
4.16% rejected
94.97%cleared
Jun '26
5.03% rejected
95.29%cleared
Aug '26
4.71% rejected

Rejection rate has risen from 3.13% to 4.71%. The not-cleared value grew 15.7× while cleared value grew 6.7× over the same period.

Cleared vs. not cleared deals
Stacked cumulative totals — cleared vs. not cleared
Not cleared & arbitration growth
Cumulative not-cleared count and value, with deals in arbitration
Section 02 / Resolution speed

Resolution trends

Resolution timeframe trends
Share of all deals resolved since launch. The Aug '26 report did not publish since-launch figures.

Jul–Aug '26 only: 68% of deals actioned in the window were resolved within seven days, and 78% of deals submitted since July 1 and actioned by August 31. The CSC actioned an average of more than 200 deals per day, up from 94 in its first year.

24-hour resolution (since launch, as of Jun '26)
41%↓ 12pp from 53%
7-day resolution (since launch, as of Jun '26)
63%↓ 11pp from 74%
Section 03 / Deal value & volume

Cumulative growth

Total deal value ($M)
Cumulative since platform launch
Average deal size
Not-cleared deals average ~5× the size of cleared deals
Period deal activity
Volume and value within each reporting window — labeled by the actual date range covered

Note: the first reporting window covers October 2025 only (1 month). Subsequent windows cover 2 months each. Bars are not equal-duration and should not be read as a like-for-like volume comparison without normalizing for window length.

Section 04 / Platform adoption

Registered users

User growth since launch
Registered users across all categories
Student-Athletes
48,102
+45% since launch
Representatives
6,730
+76% since launch
Institutions
1,383
+11% since launch
Section 05 / 2025-26 revenue sharing (CAPS)

School-paid payments

Revenue-sharing payments come directly from schools and are tracked in the CSC's College Athlete Payment System (CAPS). They are separate from the third-party NIL deals reviewed in NIL Go above. Figures cover the 2025-26 cap year, July 1, 2025 – June 30, 2026.

Revenue-sharing payments
$1.77B
$1.98B total distributions
Athletes covered
34,915
45 sports · 33 conferences
Schools paying athletes
307 of 319
opted-in schools
At or near the cap
68
21% of opted-in schools, within 5% of $20.5M
Where the money went
All $1.98B in distributions tracked in CAPS, by type
  • Revenue-sharing payments$1.77B89.6%
  • New & incremental scholarships$163.5M8.3%
  • Alston Awards$42.03M2.1%
School-paid vs. third-party NIL
2025-26 revenue sharing vs. NIL Go cleared deal value through June 30, 2026
Revenue sharing (CAPS)$1.77B
NIL Go cleared deals$355.2M

Schools paid athletes 5.0× as much through revenue sharing as NIL Go cleared in third-party deals. The average paying school shared $5.77M in revenue sharing against a $20.5M cap. Total distributions averaged about $56,594 per athlete covered. The cap rises to $21.58M for 2026-27.

Source: College Sports Commission press release, October 1, 2026 (collegesportscommission.org/revenue-sharing). NIL Go launched June 11, 2025, so its cleared total includes about three weeks before the cap year began.

Section 06 / Primary documents

Source reports

Original CSC NIL Deal Flow Reports
Every chart on this page is built directly from these primary documents. New reports will be added here as the College Sports Commission publishes them.

Source: College Sports Commission NIL Deal Flow Reports and 2025-26 CAPS year-end release · NIL Go launched June 11, 2025