College athletes earned an estimated $917 million in the first year of Name Image and Likeness (NIL) payments, according to new data from Opendorse. At the current growth rate, Opendorse projects the NIL market will produce $1.29 billion in NCAA athlete compensation over the next 12 months.
PepsiCo (PEP) closed the most recent trading day at $166.66, moving -0.04% from the previous trading session.
As investors digest Kellogg's decision to split the food conglomerate into three separate companies, the next question on analysts' minds — who's next?