I'll try to get the source. $7 million does seem kind of low but I don't have a good sense on an NIL budget. For example, is every player and recruit getting paid? Assume a payroll of 100 roughly, 80 on the team and 20 recruits just to work with round numbers then that is $70,000 per player/recruit. Clearly not enough for our star players and high end recruits but too much for other players. What are we paying Allar? That would help get a perspective. Is he getting a million? What does Pribula get, Grunk? QB is the most important position so they have to be getting paid pretty well. Are there players getting nothing? Does a guy on the 3rd string get anything? Whst about the bottom 5 ranked incoming recruits? How much? I just don't have any baseline to make even reasonable projections.
The $57 million is insane but believable.
You think they could have spent $20-$25 million to keep Egbuka, Henderson and JTT then another $10-$15 million on their recruiting class and portal. Then the last $15-$20 million on keeping the rest of the team happy. Just a total swag but you can eat up money fast when you are paying guys NFL type salaries.