Nike Makes Major Announcement About College Football Star Shedeur Sanders

Capping off potentially the final season of his astonishing collegiate career, Colorado star quarterback Shedeur Sanders has just made the news for another massive development.

Sanders is already the number one ranked athlete in college football in terms of NIL deals and total value, and he's about to break the bank after signing debatably his biggest deal yet.

According to On3 , Nike has announced that they have signed Shedeur Sanders to an NIL deal on Wednesday. Sanders estimated On3 value is currently set at $4.7 million.

Last season, for Colorado, despite being the most sacked quarterback in the entire country, he still managed to throw for 3,230 passing yards, 27 touchdowns, and just three interceptions.

Related: Deion Sanders Details Sons' Distinct Personalities and Chooses Family MVP

The Buffalos open their season on Thursday against FCS powerhouse North Dakota State and have extremely high expectations after falling short of a bowl game last season.

Sanders is currently one of the projected favorites to win the Heisman Award and is ranked as one of the best quarterbacks in the upcoming NFL Draft. His performance on the field this season will be vital to how NFL teams evaluate him at the next level.

However, one thing is certain. Shedeur Sanders never shies away from the opportunity to be in the spotlight. Just like his iconic dad, Deion 'Primetime' Sanders .

Related: Nick Saban's New VRBO Commercial Is Going Viral