The No. 3 quarterback in the nation per 247 Sports can now be considered to be worth $1 million.

Nico Iamaleava, the No. 4 overall player in the 2023 class and a Tennessee Volunteers football commit, surpassed On3 Sports’ NIL Valuation mark Tuesday, becoming just the 15th NCAA athlete to eclipse the threshold.

On3 Sports maintains that Iamaleava passed into the millions after his performance at the OT7 7 on 7 league. Iamaleava ranks second among high school quarterbacks in the NIL rankings, behind only Texas quarterback commit Arch Manning.

Bronny James, son of Lebron James, leads all high school and NCAA athletes with an NIL value of $6.4 million.