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Ohio State star Jeremiah Smith's plan for first NFL paycheck perfectly explains the NIL era
Ohio State receiver Jeremiah Smith. Adam Cairns/Columbus Dispatch / USA TODAY NETWORK via Imagn Images

Ohio State star Jeremiah Smith's plan for first NFL paycheck perfectly explains the NIL era

Ohio State Buckeyes wide receiver Jeremiah Smith is going to receive a paycheck from an NFL team soon.

Smith is entering his junior season at Ohio State, and he's likely going to be a top-10 pick in the 2027 NFL Draft. For as good as he looked at OSU, there's a chance he goes in the top five.

All 32 teams would gladly take a wide receiver like Smith. He's got Hall of Fame potential, and he's not even out of college yet. With that said, the college ranks have been good for the 6-foot-3, 223-pound wideout out of Miami Gardens, Florida.

There used to be a time when a star college football player had to wait to "cash in" on his talent. Being a student-athlete used to mean having a scholarship. Now it means getting paid by your school via revenue sharing. For the stars, it also means getting millions via NIL deals.

So, yes, Smith will soon get an NFL paycheck. He doesn't necessarily need it, though.

He was recently asked what his first NFL paycheck will go toward, and his answer was very telling of what life is like for elite athletes in the NIL era.

“I think I’m gonna save it,” Smith said. “There’s no reason for me to spend it. I was blessed to come in the NIL era, spend whatever endorsements I get once I get to the NFL.”

Let's say Smith goes No. 5 overall in next year's draft.

This year's No. 5 overall pick was (ironically) Ohio State linebacker Arvell Reese, who went to the New York Giants. He's getting a four-year, fully guaranteed contract with the Giants worth $45.6 million. That includes a $29.6 signing bonus and a $11.4 million AAV.

That's life-changing money, of course, but it's worth noting that Ohio State recently spent $5 million to keep Smith around for 2026. Reese will get paid $8.3 million as a rookie for the Giants.

That's not much different in the grand scheme of things when we're talking about millions.

The NFL is the goal for elite football players like Smith, of course, and the guaranteed salaries, contracts and endorsement potential make being a star in the NFL so much more lucrative than being a star in college.

It's not like it used to be, though. Smith got life-changing money already just by showing up in Columbus.

That's why he can think about saving his first NFL paycheck, which would be life-changing money for just about anyone else in the world.

Andrew Kulha

Andrew Kulha is probably the only sports writer you know who also doubles as a mortician. Spooky! @KulhaSports

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