An unnamed college football recruit from the class of 2023 has reportedly signed a record-breaking name, image and likeness contract.

According to Stewart Mandel of The Athletic, the 5-star male athlete signed a NIL deal that could pay him $8 million by the end of his junior year.

The contract would pay the athlete $350,000 almost immediately and then give him escalating monthly payouts to the point where he would eventually make over $2 million per year.

Two experts told Mandel they believe the deal is the largest NIL contract ever signed by a non-professional athlete.

The contract is reportedly between the athlete and a school's "NIL collective," but it is stated that "nothing in this agreement constitutes any form of inducement for [the athlete] to enroll at any school and/or join any athletic team," which is required under the NCAA's NIL rules.