Ohio State WR Jeremiah Smith whose current NIL valuation is around $4 Million per On3 has reportedly turned down a tempting jaw-dropping $6.5 million NIL offer from Georgia, reaffirming his commitment to finishing his college career with the Buckeyes . ” I have no plans beyond the Ohio State University

In the ever-evolving world of college athletics, the financial dynamics have shifted dramatically with the advent of Name, Image, and Likeness (NIL) deals. What was once an NCAA landscape dominated by scholarship offers and college football playoff aspirations is now intertwined with multimillion-dollar endorsement deals that can rival those of professional athletes. One player who has become a central figure in this new era is Ohio State wide receiver Jeremiah Smith—a player whose talent, potential, and marketability have made him one of the most sought-after young athletes in the country.
Smith, a standout wide receiver for the Ohio State Buckeyes, is arguably one of the most electrifying players in college football today. With a rare combination of speed, athleticism, and ball skills, Smith has rapidly ascended the ranks of college football’s elite, and his name is frequently mentioned as a potential top pick in the NFL Draft when the time comes. However, in addition to his athletic prowess, Smith has been making headlines off the field, thanks to his incredibly lucrative NIL deals.
As of 2024, Smith’s NIL valuation stands at an astounding $4 million, according to On3, which tracks NIL data. He’s the recipient of numerous endorsement deals, capitalizing on his presence both on and off the field, and he’s become a recognizable figure in the world of college sports marketing. His future was made even more uncertain in recent weeks when reports surfaced that the University of Georgia—long a fierce competitor to Ohio State for top-tier talent—had reportedly extended a jaw-dropping NIL offer of $6.5 million to the star wide receiver.
Despite the enticing financial offer, Smith has reaffirmed his commitment to the Buckeyes, publicly stating, “I have no plans beyond the Ohio State University.” His decision to turn down such an enormous sum to remain with Ohio State speaks to the complexities surrounding NIL in college sports, as well as the values that Smith holds dear as he navigates his college career.
The Rise of Jeremiah Smith: A Star in the Making
Jeremiah Smith’s journey to college football stardom began well before his arrival at Ohio State. Born and raised in Florida, Smith quickly became known as one of the nation’s top high school prospects. During his high school years at Chaminade-Madonna College Preparatory in Hollywood, Florida, Smith’s skill set stood out to college scouts across the country. He displayed exceptional route-running ability, impressive speed, and a knack for making spectacular catches. His combination of physicality and finesse made him a nightmare for defensive backs.
As a senior in high school, Smith had a season that was nothing short of extraordinary. He hauled in over 1,500 receiving yards and scored 20 touchdowns. His talent was undeniable, and it was clear that he was destined for greatness at the next level. By the time he entered the recruiting process, he was considered the No. 1 wide receiver prospect in the nation by many major recruiting services. Ohio State, with its storied history of producing elite wide receivers, was among the first schools to offer Smith a scholarship, and his eventual commitment to the Buckeyes was a monumental victory for Ryan Day and the Ohio State coaching staff.
Smith’s freshman year at Ohio State was a testament to the program’s ability to develop young talent. Despite being in a competitive position group with names like Marvin Harrison Jr. and Emeka Egbuka, Smith quickly proved himself to be a major contributor. In his first season with the Buckeyes, Smith posted impressive numbers, with over 800 yards receiving and 10 touchdowns. His highlight-reel catches and knack for making plays in critical moments made him a household name across college football.
By his sophomore year, Smith had fully blossomed into one of the premier wide receivers in college football. His ability to separate from defenders, paired with his tremendous hands and ability to track the ball in the air, made him an elite weapon for Ohio State’s high-powered offense. His ability to make plays not just in the open field but in contested situations in the red zone elevated his stock even further.
NIL and the Changing Landscape of College Sports
The introduction of NIL rights for college athletes has dramatically altered the landscape of college sports. Beginning in July 2021, the NCAA officially allowed college athletes to profit from their name, image, and likeness. This seismic shift has created new opportunities for athletes to earn significant income while still participating in college sports. Major corporations, local businesses, and online platforms have all turned their attention to the lucrative market of college sports, leading to a surge in NIL deals.
For players like Smith, this new system has unlocked a wealth of possibilities. NIL deals can range from endorsement contracts with national brands to local partnerships with businesses in the athletes’ college towns. However, it’s not just about getting paid—NIL also plays a role in recruitment. Top-tier programs like Ohio State, Alabama, and Georgia are now using NIL packages to attract the best talent in the nation. The larger the NIL package, the more attractive the program becomes to high school recruits and current players.
This has created a scenario where some athletes are faced with significant financial decisions. Should they stay loyal to their college program, or should they take the highest bidder and maximize their earnings before turning professional? The landscape has become much more complex, and players are now required to balance their personal aspirations with the financial opportunities available to them.
The Reported $6.5 Million Offer from Georgia
In a shocking development, rumors began circulating that Georgia had made an aggressive NIL offer to Jeremiah Smith in an attempt to lure him away from Ohio State. According to sources, Georgia was prepared to offer Smith a deal worth up to $6.5 million, making it one of the largest NIL offers ever extended to a college athlete. The offer was reportedly part of a broader strategy by the Bulldogs to secure their place at the top of college football for years to come. With Smith’s talent, he could easily be the centerpiece of Georgia’s offense, potentially taking them to another national championship.
The news sent shockwaves through the college football world, sparking debates over the role of NIL in college recruitment and whether financial considerations are beginning to eclipse loyalty and tradition. With Georgia’s program continuing to thrive under head coach Kirby Smart and the Bulldogs having just won back-to-back national championships, the potential to play in such a high-profile program, in addition to the eye-popping NIL deal, was an enticing proposition for any college athlete.
However, despite the allure of the $6.5 million offer, Smith’s decision to turn it down has proven that loyalty, ambition, and personal values are still powerful forces in college football. Smith responded publicly to the reports, stating, “I have no plans beyond the Ohio State University.” His statement emphasized that while the financial rewards of NIL are tempting, his commitment to Ohio State and his desire to finish his college career with the Buckeyes were far more important to him.
Reaffirming His Commitment to Ohio State
Smith’s decision to stay at Ohio State, despite the massive NIL offer from Georgia, speaks volumes about his character and his connection to the Buckeyes program. While NIL opportunities are certainly a factor in a college athlete’s decision-making process, Smith’s decision highlights the importance of other elements, such as the culture of the program, the relationships he’s built, and his personal goals.
For Ohio State, this commitment is a huge victory. The Buckeyes, who have long been a national powerhouse in college football, have continually emphasized developing athletes who are not just great football players but also well-rounded individuals. Ryan Day, who has built an outstanding program at Ohio State, has created an environment where players like Smith can thrive both on the field and in the business world. Ohio State has consistently provided its athletes with strong NIL opportunities while maintaining the integrity of the program and promoting personal growth and academic success.
Moreover, Smith’s decision to stay could serve as a powerful statement to future recruits. In an era where college athletes are often viewed as mercenaries who follow the biggest paycheck, Smith’s commitment to Ohio State reaffirms that loyalty and tradition still matter. It shows that a program’s culture and the relationships forged within that program can sometimes outweigh the financial rewards offered by rival schools.
The Bigger Picture: What Does This Mean for College Football?
Jeremiah Smith’s decision to stay with Ohio State also has larger implications for the future of college football, particularly as NIL deals continue to reshape the recruiting process. While NIL is a powerful tool for colleges to attract talent, Smith’s case serves as a reminder that college athletes are not solely motivated by money. The decision to remain at Ohio State shows that many players value factors beyond just financial gain.
This may signal a shift in the way NIL is used in recruitment. While it is clear that NIL will continue to play a large role in recruiting and player retention, Smith’s decision could inspire other athletes to prioritize their development and long-term goals over immediate financial compensation. It’s a testament to the fact that college football is still about more than just the money—it’s about legacy, opportunity, and the love of the game.
A Bright Future for Jeremiah Smith and the Buckeyes
Jeremiah Smith’s reaffirmation of his commitment to Ohio State, despite the tempting financial offer from Georgia, is a testament to his character, his loyalty, and his belief in the value of his college experience. With the Buckeyes, he has the chance to continue to develop into one of the premier wide receivers in the nation, while also benefiting from the incredible NIL opportunities that come with playing at a program like Ohio State.
For the Buckeyes, retaining Smith is a major victory, as his presence on the field and off the field will continue to elevate the program. As Smith looks ahead to what promises to be a dazzling college career, his story will undoubtedly serve as an inspiration to other athletes
navigating the new world of NIL deals, showing that, in the end, loyalty and personal goals can still outweigh the financial temptation.