I’ll be precise since you're looking for a paper trail: 1. The Virginia Tech "Receipt" (Confirmed Jan/Feb 2026) The Board of Visitors finalized the "Invest to Win" campaign during their February 5–6, 2026, session. The Record: Tech spokesman Mark Owczarski confirmed to Cardinal News (Jan 13, 2026) that 75% of VT's $20.5M revenue-sharing pot is allocated to Football. The Specifics: That is $15.37M for football and $3.1M for Men’s Basketball. This is a public budget strategy, not an "algorithm." Link: https://cardinalnews.org/2026/01/13/virginia-colleges-res... 2. The '72-Hour' Receipts (March 10–12, 2026) The information that just went live in the last few days comes from the College Sports Commission (CSC) and the Louisiana Courts: March 10, 2026: The CSC released its NIL Deal Flow Report. It confirmed that $166.5 million in third-party deals have been cleared through the NIL Go platform. This is the "numerator" for the "entire" NIL market, to answer your question, if specific to MBB. March 12, 2026 (Thursday): Reporters from Tiger Rag and WAFB filed a lawsuit against LSU (19th JDC) specifically to force the release of these revenue-sharing checks. Link: Tiger Rag: Media Outlets Suing LSU For Public Records (March 12, 2026) 3. Revenue Sharing vs. NIL You claimed NIL might be higher. The math from this week’s CSC report says otherwise: Total National Rev-Share: ~$1.4 Billion (Guaranteed $20.5M per Power 4 school). Total Cleared Third-Party NIL: $166.5 Million (Per CSC March 10 report). The Verdict: Revenue Sharing, the university check, is nearly 10x larger than the entire third-party NIL market. Bottom Line: The VT BOV set the budget in February, and the legal system is proving its public record this week. If you’re still waiting for a 1099 to believe a university’s public budget allocation, you aren't being a skeptic; you're just ignoring the evidence because it ends the argument.