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Dave Portnoy Says He Won’t Put More NIL Money Into Keeping Michigan QB Bryce Underwood

He cites a murky NIL system, saying he was not party to Underwood’s contract terms.

Overview

  • Portnoy told The Triple Option podcast he is “out” on adding funds if Bryce Underwood seeks to renegotiate or leave.
  • He previously helped facilitate Michigan’s pursuit by connecting with Jolin Zhu and meeting Larry Ellison as part of an NIL push that aided Underwood’s flip to Ann Arbor.
  • Portnoy said he was not involved in the pen-to-paper phase and does not know the specific terms of Underwood’s deal.
  • He characterized NIL as loosely regulated and floated a hypothetical $20 million offer as the kind that could lure a player away.
  • Coverage notes Underwood has not publicly signaled intent to transfer, though the portal could quickly change the situation.