Ranking NIL, Recruiting Powerhouses: Texas Tech, Texas Longhorns, USC Surprising Rank

USC Trojans still rank among the top spenders in college football’s growing Name, Image, and Likeness (NIL) world, but they fall just short of cracking the top five in spending heading into the 2025 season. Programs such as the Texas Longhorns, Texas Tech Red Raiders, Ohio State Buckeyes, Oregon Ducks, Texas A&M Aggies, Miami Hurricanes, Michigan Wolverines, Tennessee Volunteers, and Auburn Tigers lead the way.
Nov 16, 2024; Los Angeles, California, USA; Southern California Trojans head coach Lincoln Riley watches game action against the Nebraska Cornhuskers during the second half at the Los Angeles Memorial Coliseum. Mandatory Credit: Gary A. Vasquez-Imagn Images
Nov 16, 2024; Los Angeles, California, USA; Southern California Trojans head coach Lincoln Riley watches game action against the Nebraska Cornhuskers during the second half at the Los Angeles Memorial Coliseum. Mandatory Credit: Gary A. Vasquez-Imagn Images | Gary A. Vasquez-Imagn Images

The USC Trojans find themselves just outside the top five in college football programs spending the most on NIL deals, according to a recent survey. Despite landing major recruiting wins like five-star tight end Mark Bowman, whose Name, Image, and Likeness (NIL) package reportedly could reach between $8 million and $10 million, USC’s overall roster spending has not yet cracked the upper echelon of college football’s biggest spenders.

In a recent survey, On3's Pete Nakos asked 17 key stakeholders across college football, including head coaches, administrators, general managers, NIL collectives, and agents, asking which programs they believed spent the most money to build their 2025 rosters. Texas, Texas Tech, and Ohio State topped the list with USC receiving votes but ranking seventh overall.

USC Trojans Outside Top 5 In College Football NIL Spending Rankings.
Nov 16, 2024; Los Angeles, California, USA; Southern California Trojans head coach Lincoln Riley watches game action against the Nebraska Cornhuskers during the second half at the Los Angeles Memorial Coliseum. Mandatory Credit: Gary A. Vasquez-Imagn Images | Gary A. Vasquez-Imagn Images

The survey reflects the evolving landscape of college football recruiting, where booster groups and institutional revenue sharing have combined to fuel soaring NIL expenditures. While the Trojans have made headlines with Bowman’s unprecedented NIL deal, a key factor in securing one of the nation’s top recruiting classes, this singular splash has not translated into USC becoming a top overall spender in NIL payouts across their full roster.

Led by coach Lincoln Riley and general manager Chad Bowden, USC has built strong recruiting momentum, securing 27 commitments for the 2026 class, including multiple top prospects from Southern California. Bowman’s commitment remains a standout NIL story, highlighting the program’s ability to attract elite talent with lucrative financial backing.

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USC Trojans Outside Top 5 In College Football NIL Spending Rankings.
Dec 27, 2024; Las Vegas, NV, USA; Southern California Trojans wide receiver Ja'Kobi Lane (8) carries the ball against Texas A&M Aggies defensive back Dezz Ricks (10) in the second half at Allegiant Stadium. Mandatory Credit: Kirby Lee-Imagn Images | Kirby Lee-Imagn Images

Still, the broader competition in NIL spending is fierce. Programs such as Texas, Texas Tech, and Ohio State reportedly spend north of $25 million annually on NIL deals, dwarfing USC’s known commitments. This dynamic suggests that while the Trojans are leveraging high-profile deals effectively, other programs have deployed deeper, more widespread NIL investments to construct their rosters.

USC's position outside the top five spenders could mean a few different things.

For one, that means there is more to use, but they're struggling to land certain recruits. Just because you're set on spending a large sum doesn't mean some other program can't offer the same, and you'll still lose out on the recruit. Or USC has limits, even for a program based out of Los Angeles.

It is highly unlikely USC can't keep up with the top spenders, so it's all about recruiting.

USC Trojans Outside Top 5 In College Football NIL Spending Rankings
Dec 27, 2024; Las Vegas, NV, USA; Southern California Trojans quarterback Jayden Maiava (14) throws the ball against the Texas A&M Aggies in the first half at Allegiant Stadium. Mandatory Credit: Kirby Lee-Imagn Images | Kirby Lee-Imagn Images

As college football continues to adjust to the new era of athlete compensation, USC’s ability to remain competitive both on the field and in the NIL marketplace will be critical. The Bowman deal showcased their potential to make major NIL moves, but breaking fully into the top tier of NIL spenders may require broader roster investment or sustained high-profile signings in the coming seasons.

In a NIL-driven landscape, USC remains a major player. However, this latest survey reminds fans and insiders alike that the arms race for top-tier talent is as heated as ever, with many programs pushing the limits to build championship-caliber teams. The Trojans will need to continue evolving their NIL strategy if they want to climb higher in the rankings of college football’s biggest spenders.

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Nathan Fusco
NATHAN FUSCO

Nathan Fusco is a staff writer for Trojans on SI, part of the Sports Illustrated network. He covers USC athletics with an emphasis on recruiting and daily updates. A digital media veteran with over a decade of experience, Fusco began his career as a founding editor at DBLTAP, helping to build the esports brand into an industry leader for Minute Media while producing international event coverage and branded content for partners such as Mountain Dew, KIA, and Best Buy. He built an influencer network that drove millions of monthly sessions, helping DBLTAP become a finalist for “Best Coverage Site” at the 2018 Esports Industry Awards. He later served as Content Manager for Imprint Events Group, leading national digital strategy across multiple markets.