transfer:In an attempt to field an elite roster, the Ohio State Buckeyes have spent…..

In an attempt to field an elite roster, the Ohio State Buckeyes have spent $13 million and counting.

 

According to CFB Focus, the Ohio State Buckeyes’ NIL collectives and the

Boosters have reportedly spent $13 million in NIL money to add and/or retain elite players for their 2024 roster.

They have so far spent this amount of $13 million. Caleb Downs, a transfer defensive back from Alabama Crimson

Tide, is still a target for them. Additionally, they are searching for a few more offensive linemen.

Max Forer, a partner at Miller Nash law firm, compared the current state of non-

intervention to an arms race in an article published on Inside Higher Ed. This is

especially true in light of the laws that have been implemented in the non-intervention realm.

Max Forer, a partner at Miller Nash law firm, compared the current state of non-intervention to an arms race in an article

published on Inside Higher Ed. This is especially true in light of the laws that have been implemented in the non-intervention realm.

It was all very slowly at first because nobody was willing to take many risks. However, more organizations and state

legislatures are now adopting a more assertive stance, according to Forer. “It’s almost like the arms race in facilities,

where you want the best treatment centers or locker rooms, and now you want the best and most protective state legislation.”

When Ohio State Buckeyes head coach Ryan Day addressed the Columbus business community in 2022 about NIL,

he estimated that it would cost $13 million to maintain Ohio State football’s elite status, according to Cleveland.com.

Day didn’t get to that number until this year, but that’s because it’s a requirement of his policy given NIL’s

wild west vibe. Day made a comparison between the lawlessness of NIL and a speed limit in the Cleveland.com article.

Many people will pass you by if the posted speed limit is 45 miles per hour

and you drive at that speed, according to Day. “You’ll be pulled over if you drive too fast.”

At the time, Day stated that elite college quarterbacks were valued $2 million, a claim Nebraska Cornhuskers head coach Matt Rhule echoed.

Day continued by saying that top edge rushers and offensive tackles cost

roughly $1 million. Day was accurate, if a little bit under his 2022 projection—he

 

has now invested $13 million to assemble one of the top collegiate football teams.

Not only have the Ohio State Buckeyes been active in the transfer portal this offseason, but they have also persuaded

a number of players to return for another season rather than enter the NFL draft.

 

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