North Carolina freshman Caleb Wilson made waves with his new multimillion-dollar NIL deal before his freshman season with Tar Heels

On Monday, Wilson announced some important news as he agreed to an endorsement deal with athletic brand New Balance. The terms of the deal are not out yet, but ESPN reporter Shams Charania reported that it is a multiyear, multimillion-dollar shoe deal.

North Carolina forward Caleb Wilson signed a "a multiyear, multimillion-dollar" endorsement deal with New Balance, according to ESPN's Shams Charania.