Jul 31, 2023
The University of Miami continues to stay at the center of the NIL drama — in an increasingly negative light.
Miami became the first school to receive sanctions involving NIL earlier this year, and now top Hurricanes donor John Ruiz and his health insurance claims company LifeWallet are potentially under federal investigation, according to the Miami Herald. Ruiz has refuted the report.
While one report pointed out that about 80% of Miami’s NIL deals are no longer tied to LifeWallet, Ruiz still distributed more than $10 million in deals in the first year of NIL.
Source: Front Office Sports