termiNIL / Analysis / methodology
Topic

methodology

1 piece of termiNIL analysis on methodology.

Explainer

How NIL Valuations Are Calculated: The Bottom-Up Model, Explained

How NIL valuations actually work: the six-factor bottom-up model that prices all 14,094 FBS players, why top-down budget estimates fail, and what a valuation cannot tell you.

August 19, 2026