Hercy Miller, son of hip-hop mogul Master P., has enough money to buy a Tesla.
On Friday, Miller announced that he signed a reported $2 million endorsement deal the day after the NCAA made it official that athletes can legally profit from their name and likeness.
“It was a 2 million dollar deal. It’s incredible. This is gonna change the way college athletes want to stay in school,” Master P. told TMZ.
Miller, an incoming freshman basketball player at Tennessee State, hinted months earlier that some sort of deal was already on the table and would be agreed to once the NCAA authorized students to earn money from endorsements.
“I signed a deal with an American technology company. “Like my dad said, it’s a blessing,” said Miller, who explained that he will use some of the earnings for charity and buy a Telsa.
Miller is one of several HBCU athletes who’ve inked endorsement deals less than 36 hours after the NIL ruling.