After the initial reports, many Wolverines fans praised Barstool Sports president Dave Portnoy for securing the No. 1 recruit in the country for the maize and blue due to his outspoken desire to handle the NIL for a transfer quarterback, but that doesn’t speak to what actually happened.

Ellison, who ranks No. 2 on Forbes’ real-time billionaires list, is not a Michigan alumni but the Wolverines apparently hold a special place in his heart. That’s because his current wife, Jolin Ellison, bleeds maize and blue.

Billionaire Larry Ellison is linked to helping fund the NIL deal that led to Bryce Underwood flipping his recruitment from LSU to the University of Michigan.