Quarterback Nico Iamaleava and the NIL collective that pays him on behalf of Tennessee are negotiating a new multimillion-dollar NIL deal, according to an On3 report.

The timing is causing a bit of a stir as the transfer portal opens April 16, and the Vols’ Orange and White Game is set for Saturday at Neyland Stadium.

According to the Knox News, Iamaleava signed a $2 million NIL contract in 2022. However, as the report states, the NIL market has changed for quarterbacks since that deal.

Since a redshirt season in 2023, he has played in 18 games – 14 as a starter – and has thrown for 2,930 yards and 21 touchdowns with only five interceptions.

Last season. Iamaleava threw for 2,616 yards and 19 touchdowns and 5 picks as the Vols went 10-3 and advanced to its first College Football Playoff.

Mark Heim is a reporter for The Alabama Media Group. Follow him on Twitter @Mark_Heim. He can be heard on “The Opening Kickoff” on WNSP-FM 105.5 FM in Mobile or on the free Sound of Mobile App from 6 to 9 a.m. daily.