Right. House Settlement says Universities can share up to $20.5M in revenues with student athletes. Coyne says Gophers are allocating House Settlement cash to Football, mens' and women's basketball, and mens' hockey and women's volleyball. Supposed allocation to Football is about 75%, or at least $15M. If you spread $15M over every one of the 105 players on the roster, you get an average pay of just under $143K per player. If base pay for every player on the 105 person roster is set at, say, $50,000, that would still leave $9.75M to spread among selected players as enhanced salary based on perceived value.
This House Settlement money is separate and distinct from NIL money. It is certainly mathematically possible that Drake is getting $2.4M in pay from the University (under the House Settlement) and that he could be receiving other NIL funds from boosters or a collective. Other players, such as Koi, and potential transfers such as UMD TE Dehnicke, are now negotiating in that marketplace.
Ohio State was rumored to have about $35M in NIL money pre-House settlement. Add $15M in House Settlement revenue sharing, putting OSU at $50M+, and the Gophers will still be at a significant, relative disadvantage to the Buckeyes. But the P4 schools, as a group---which has the most revenue to share--is fairly quickly pulling away from the rest of college football, at least in terms of player pay,