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NCAA Financial Opportunities

NIL, Revenue Sharing and Scholarships: The Money Now in NCAA Hockey

Gavin McKenna's reported $700,000 Penn State package was a July 2025 report, not new news. What still matters for families: NIL, school revenue sharing, removed scholarship limits and CHL eligibility have changed what college hockey can offer, and the details differ school by school.

· Hockey Intelligence | NCAA Financial Opportunities · Beyond The Puck

Background explainer, not breaking news. The McKenna NIL figure discussed below was reported in July 2025. We use it as an example of how college hockey's financial picture has changed, not as a new development.

The July 2025 report that got families' attention

On July 8, 2025, Gavin McKenna — then the reigning CHL Player of the Year with the WHL's Medicine Hat Tigers — announced his commitment to Penn State. Penn State's announcement did not disclose any NIL terms.

In July 2025, College Hockey Insider, The Athletic and ESPN each reported that his NIL package was in the range of about $700,000, and that Michigan State's offer was reportedly $200,000–$300,000 (summary of the reports). These are media reports citing unnamed sources; the figure was not part of Penn State's official announcement. The Athletic described it as the largest NIL deal reported for a college hockey player at the time.

McKenna went on to record 51 points in 35 games for Penn State in 2025–26 and was selected first overall by the Toronto Maple Leafs in the 2026 NHL Draft, according to NHL.com.

Keep it in perspective: this was a generational prospect. A package like this is not a typical college hockey offer, and no one should expect similar amounts.

What actually changed in college hockey

  • NIL (name, image and likeness). College athletes can be paid for the use of their name, image and likeness — for example by businesses or collectives. This is separate from a scholarship.
  • School revenue sharing. Under the court-approved House settlement, Division I schools that opt in may pay athletes directly, starting July 1, 2025. According to College Hockey Inc., the total a school may share is capped at a percentage (22%) of average power-conference athletics revenue. How much of that, if any, goes to hockey is each school's decision.
  • Scholarship limits replaced by roster limits. The NCAA removed sport-specific scholarship limits for participating schools and replaced them with roster limits, so those schools may offer scholarships to every player on the roster. The College Sports Commission publishes each sport's limit.
  • Not every school opted in. Schools that did not opt in cannot pay players directly and remain under the previous scholarship limits; their players can still earn NIL money from outside parties.
  • CHL players can now play NCAA hockey. In November 2024 the NCAA Division I Council allowed Major Junior players to keep NCAA eligibility if they are paid no more than actual and necessary expenses. The change took effect August 1, 2025, which is what made McKenna's move from the WHL to Penn State possible.

Why this still matters for youth hockey families

  • Financial support can now come from several places — athletic scholarships (full or partial), school revenue sharing, and outside NIL deals — and they work differently.
  • Offers vary widely by school, conference, opt-in status and the player's role. Most college hockey players will not receive large NIL packages.
  • The CHL change means college programs and major junior teams now recruit many of the same players, so families face more pathway choices earlier.
  • Roster limits can mean fewer total roster spots at some participating schools, even as more scholarships become possible.

Questions to ask a college program

  • Has your school opted in to the House settlement, and what is the hockey roster limit?
  • Is the scholarship offer full or partial, and is it guaranteed for more than one year?
  • Does the school share revenue with hockey players, and how is it decided?
  • Are there NIL opportunities through the school or outside groups, and who reviews the contracts?
  • What are the tax and eligibility implications of any NIL agreement? (Ask a qualified professional.)

This article is general education, not financial, tax or legal advice, and it is not a prediction of any player's recruitment or earnings.

Weighing junior, college or another pathway? The Personalized Player Hockey Roadmap ($39 one-time) turns your player's age, level and priorities into a written plan. It's educational guidance — not a talent evaluation, and not a guarantee of any scholarship, NIL deal or advancement.

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