1 March 2024

Trendy Texts

Business, World, Economy, Tech, Sports News

Markquis Nowell's NIL deal worth

How much is Markquis Nowell’s NIL deal worth?

Markquis Nowell solidified his status as a March Madness hero. The point guard for Kansas State broke the NCAA single-game tournament record with 19 assists against Michigan State in the Sweet 16. To help the Wildcats advance to the regional final, where they ultimately lost to Florida Atlantic, he added 20 points as well.

In New York City, Nowell still had his day in the spotlight. His social media following has skyrocketed, resulting in an influx of followers on Instagram that is currently north of 117,000. On March 29, 2023, he declared that he would participate in the NBA Tournament. 

Markquis Nowell NIL Deal

The Kansas State star’s NIL valuation of $598,000 places him among the top 10 in college basketball. With a burgeoning social media following, his value is also expanding.

The NIL 100, the first of its kind and de facto NIL ranking of the best 100 high school and college players determined by their NIL Valuations, places Markquis Nowell‘s valuation at No. 71. He had the best rating of all Kansas State athletes.

The main index in the sector that determines the average market NIL value for high school and collegiate athletes is called the On3 NIL Valuation. The On3 NIL Valuation, a proprietary system, uses dynamic data points targeted at three main categories – performance, impact, and exposure – to determine an athlete’s NIL value.

Markquis Nowell’s Brand Endorsement Deals

He currently has a NIL agreement with the fast food company Wingstop.

Nowell identified the wing restaurant as one of his favourite dining establishments in an Instagram video. In the past few months, Wingstop has signed multiple contracts with athletes, demonstrating its intense activity in the NIL market.

Markquis Nowell's NIL deal worth
Kansas State Men’s Basketball vs. Kentucky, March 19, 2023. NCAA Men’s Basketball Tournament Round 2. (Photo: Lathe Cobb/K-State Sports)

Nowell has previously activated a NIL. The point guard had a collaboration with Charlie Hustle that was made possible by Wildcat NIL, as well as a deal with Robbins Motor Company and his own T-shirt. He received all-Big 12 recognition after averaging 16 points per game and led the league in assists. He was named to the Associated Press third-team All-American. It is anticipated that the former Little Rock transfer would go undrafted in the NBA Playoffs in May.

Markquis Nowell’s Net Worth

By 2023, he had managed to accumulate a net worth of almost $1 million.

Markquis Nowell’s paycheck as a professional basketball player serves as his main source of income. While it is challenging to estimate his exact earnings, G League players normally make between $35,000 and $50,000 each season, with players from other countries earning considerably more.

Although there is no publicly available information on any such contracts, Nowell might get additional income via endorsement or sponsorship partnerships in addition to his basketball wage. He may use his expanding social media following to advertise companies and goods.