It begs the question, when does the NIL 'verbal' become a binding contract?I would at least some just for public commitment as they generate publicity, sell tickets, help in other recruiting, more.
For a top kid I bet $50,000-100,000 upfront is standard.
If there is an upfront standard payment made to the player before he signs, is that 'refundable' if the player reneges and choses a different school?