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Texas likely broke the bank with wild NIL deal to land 5-star transfer Cam Coleman

Related Topics: Shannon Terry, Michael Masunas, Texas

Every year, the money in the transfer portal keeps going up. Last year, it cost $3-4 million to land a top veteran quarterback. This year, that could be the going rate for the portal’s top wide receiver, Cam Coleman.

Texas landed a commitment from the former five-star on Sunday after he spent two years at Auburn, and On3 founder Shannon Terry, who is presumably plugged into the machinations of the portal market, speculated that Coleman’s deal was likely $3 to $3.5 million or more for one year.

I haven't heard the details yet, but I would think Texas paid $3 to $ 3.