How much does Michigan 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. Michigan hasn't released how much of that it has actually paid out.
Updated August 27, 2026
Where does your school rank? Michigan ranks #4 of 68 in annual capacity.
Michigan: 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. Michigan hasn't released how much of that it has actually paid out.
FY2025 football revenue for Michigan is $175,299,592. FY2025 football spending for Michigan is $61,663,186. Revenue is what the program brought in. Spending is what it paid out. They are not added together.
Kyle Whittingham's pay at Michigan is $8,000,000 as of January 23, 2026. The buyout is an estimated $30,750,000 as of January 1, 2026. Source: Detroit Free Press (Jan. 23, 2026), quoting Whittingham memorandum of understanding via FOIA.