If you thought the NIL transfer market in college football already was out of control, just wait until the upcoming battles next month for the top quarterbacks looking to switch schools.
ESPN college football insider Pete Thamel believes the dollar figures during the January cycle could be as much as $5 million for one season.
“This market looks robust already, guys,” Thamel said Friday on College GameDay ahead of Alabama’s playoff win over Oklahoma. “You’ve got Cincinnati’s Brendan Sorsby at [the top], Nebraska’s Dylan Raiola, TCU’s Josh Hoover went in [this week], you have Arizona State’s Sam Leavitt, Florida’s DJ Lagway.”

“So I made some calls today, guys, and sources told me the tip-top of this quarterback market, financially, could reach $5 million for one season. Look, it’s supply and demand. You have all those guys. Sorsby’s been linked early to Texas Tech. Dylan Raiola, there’s some smoke to Louisville, although maybe a [College Football Playoff] team jumps in late there. There have been early links between Indiana and Hoover, assuming that [Heisman Trophy winner Fernando Mendoza] goes pro.”
Thamel also noted that CFP programs such as Oregon and Miami are likely to be looking for a new quarterback for 2026, as well as LSU, with new coach Lane Kiffin looking to make a splash.
“Look, this is what’s going to drive the market,” Thamel said. “Oregon may lose [draft prospect] Dante Moore. Miami will be in the quarterback market again. So will LSU. So, when you really take a look at what could drive this quarterback market, it’s going to be the most expensive in the history of college football.”
Thamel also pointed out that seven of the past nine Heisman winners landed at those schools through the transfer portal, including Mendoza, who moved from Cal to Indiana for this season.
The main transfer portal window is open from Jan. 2-16.


