Fernando Mendoza NIL deals, explained: How much money Indiana star makes from adidas, other sponsors

Jake Mozarsky

Fernando Mendoza NIL deals, explained: How much money Indiana star makes from adidas, other sponsors image

Fernando Mendoza has had a magical 2025 season, leading the Indiana Hoosiers to an undefeated 13-0 regular season and the program’s first outright Big Ten title since 1945. Along with breaking program records as a team, Mendoza has produced a historic season of his own.

The redshirt junior quarterback, a transfer from California, shattered Indiana’s single-season passing marks by completing 71.5% of his passes for 2,980 yards and a nation-leading 33 touchdown passes against just six interceptions. He also proved to be a threat with his legs, adding 240 rushing yards and six rushing touchdowns, putting him second nationally in total touchdowns accounted for (39). His remarkable campaign earned him Big Ten Offensive Player of the Year and Quarterback of the Year honors, along with the Walter Camp Player of the Year award. He also became just the second player in program history to be named a finalist for the Heisman Trophy.

As one of the top players in the nation, Mendoza’s rapid rise has made him a face of the collegiate game’s new financial era. His personal brand — which includes a recent high-profile endorsement deal with Adidas and his exclusive “Mendoza Mania” merchandise line — has soared throughout the season.

Here’s a breakdown of how much the Indiana star has brought in.

MORE: Indiana 2025 College Football Playoff tickets guide

Fernando Mendoza NIL money

According to the latest industry valuations, the Indiana star’s Name, Image, and Likeness (N.I.L.) Portfolio is valued at an estimated $2.6 million, positioning him among the top five highest-valued college football players in the country.

On3 has the quarterback ranked fifth in college football and seventh in its N.I.L 100. He is listed below only four FBS players:

  • Arch Manning, Texas ($5.3 million)
  • Jeremiah Smith, Ohio State ($4.2 million)
  • Carson Beck, Miami ($3.1 million)
  • Bryce Underwood, Michigan ($3 million)

His valuation spiked from an estimated $1.6 million earlier in the year to $2.6 million after the Hoosiers' perfect regular season.

MORE: Who will Indiana play next?

Fernando Mendoza NIL deals

Mendoza has two main NIL partnerships.

Adidas

Ahead of Indiana's 13-10 Big Ten Championship win over No. 2 Ohio State, Mendoza inked a deal with Adidas.

“Excited to share that I’ve accepted an opportunity to join adidas!” Said on LinkedIn. “I’m very grateful for everyone who has supported me along the way and excited to bring my passion for sport, leadership, and work ethic to the Three Stripes. Let’s get to work.” 

He joins a star-studded adidas lineup that includes Ohio State's Jeremiah Smith, Nebraska's Dylan Raiola and Arizona State's Sam Leavitt and Jordyn Tyson.

MORE: How Curt Cignetti turned Indiana into a college football powerhouse

Mendoza Mania

In collaboration with his brother Alberto, who is Indiana's backup signal-caller, Mendoza launched a brand-new "Mendoza Mania" Collection on the Indiana NIL Store.

The initiative carries a deeply personal meaning for Mendoza: a portion of all proceeds from the collection will benefit the National MS Society, honoring his mother who continues her courageous fight against Multiple Sclerosis.

This compassionate focus transforms the quarterback's commercial venture into a vehicle for impact, lending deeper purpose to every piece of "Mendoza Mania" merchandise sold.

By leveraging his national spotlight, Mendoza is driving crucial funds and awareness for the National MS Society's mission to cure the disease and empower those affected to live their best lives. 

MORE: Curt Cignetti's best quotes at Indiana

Fernando Mendoza net worth 2025

Mendoza's net worth is not publicly available. Though, sources report that his net worth is in the hundred thousands, reaching up to $1 million.

This will continue to rise as Mendoza leads Indiana through the College Football Playoff, and down the road, becomes a first round pick in the NFL Draft.

MORE: Fernando Mendoza, Curt Cignetti react to Indiana's rise

Editorial Team