Michigan State football, basketball players to receive $500 monthly stipend in new NIL deal with mortgage lender

Sep 8, 2021

Per MLive: Mat Ishbia is already funding a new football practice building on Michigan State’s campus. Now, he’ll be putting some money directly into the pockets of Spartans’ football and basketball players.

Ishbia and his company, United Wholesale Mortgage, will be providing $500 stipends to all football and basketball players at Michigan State for the 2021-22 school year, according to a Wednesday morning announcement from the company.

Source: MLive