How much does Iowa State pay players (revenue share / NIL budget)?
The House revenue-share cap is $20.5M in 2025–26 and $21.58M ($21,583,913) in 2026–27. Iowa State hasn't released how much of that it has actually paid out.
Updated October 16, 2026
Where does your school rank? Iowa State ranks #49 of 68 in annual capacity.
Iowa State: NIL budget, collective payout, football revenue, and head coach salary.
The House revenue-share cap is $20.5M in 2025–26 and $21.58M ($21,583,913) in 2026–27. Iowa State hasn't released how much of that it has actually paid out.
FY2025 football revenue for Iowa State is $60,744,404. FY2025 football spending for Iowa State is $32,337,385. Revenue is what the program brought in. Spending is what it paid out. They are not added together.
Jimmy Rogers's pay at Iowa State is $3,000,000 as of 2026-03. The buyout is $18,000,000 as of February 1, 2026. Source: Iowa State — Jimmy Rogers employment agreement PDF.
Jared Benko is Director of athletics (named; starts Oct. 30, 2026, pending Iowa Board of Regents approval) at Iowa State. Iowa State President David Cook selected Jared Benko as the next director of athletics on Oct. 16, 2026. The title is the Jamie and Ellen Pollard Endowed Director of Athletics. He replaces retiring Jamie Pollard. Benko has been Auburn's executive deputy athletic director for the past two years (Georgia Southern athletic director, 2020-24; Mississippi State deputy athletic director and chief financial officer). He starts Oct. 30, 2026, pending approval by the Iowa Board of Regents. Salary and contract terms were not released. No pay is booked. Sources: Iowa State Athletics; Iowa State News Service; Pete Thamel (ESPN), first report.