How much does Tennessee 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. Tennessee hasn't released how much of that it has actually paid out.
Updated October 15, 2026
Where does your school rank? Tennessee ranks #3 of 68 in annual capacity.
Tennessee: 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. Tennessee hasn't released how much of that it has actually paid out.
FY2025 football revenue for Tennessee is $162,539,638. FY2025 football spending for Tennessee is $61,240,437. Revenue is what the program brought in. Spending is what it paid out. They are not added together.
Josh Heupel's pay at Tennessee is $9,000,000 as of August 26, 2025. The buyout is $37,500,000. Source: USA TODAY Sports coach salary database (updated Oct. 8, 2025; buyout as of Dec. 1, 2025) + UT Amendment 3 PDF.