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Miami Star Malachi Toney Signs With JPMorgan Chase, and His NIL Value Now Sits at $2 Million

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One of the biggest banks in America just hired a college sophomore to teach young people about money. Miami Hurricanes wide receiver Malachi Toney has signed an NIL partnership with JPMorgan Chase, announced through his Instagram on October 28.

The deal has a personal hook. It centers on scam and fraud awareness for young adults, and Toney says he nearly fell for a fake brand deal himself before learning how the business works. That is exactly the kind of story a bank wants attached to its name with young customers.

Chase joins a portfolio that is already stacked for a player his age. Toney’s deals include Red Bull, announced the week before, adidas from early September, FIT House Brands, Hellstar and Leaf Trading Cards. He is represented by the agency NETWORK, and his On3 NIL Valuation now stands at $2 million.

The football explains the market. Through seven games, Toney’s 66 catches lead all of college football’s top division, and his 952 receiving yards and 11 touchdowns both rank third in the nation. As a freshman he caught 109 passes for 1,211 yards and 10 touchdowns. Miami is 7-0 and sitting on top of the ACC.

The money, in plain words: brands are no longer waiting for players to turn pro. A receiver producing like this, at a program winning like this, is a marketing asset right now, and at $2 million in measured value, Toney is priced like one.

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Tom Lee Called 7,700 by Christmas. The Market Got There in October, So He Moved His Target to 8,000

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October 29, 2026

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Wall Street’s loudest bull just got his number early. Last December, Fundstrat strategist Tom Lee set a year-end 2026 target of 7,700 for the S&P 500, one of the most bullish calls on the Street at the time. On October 20, the index closed at 7,713, hitting Lee’s year-end number with more than two months to spare. Lee has since raised his target to 8,000.

To be clear on whose view this is: these are Lee’s calls, made publicly by Fundstrat, and we are reporting them the way we report any analyst’s call, with his name on them. They are not our recommendation, and this article is not financial advice.

The interesting part is the gap between the call and the product. Lee’s Granny Shots ETF, ticker GRNY, built around Fundstrat’s themes and holding 42 large-cap U.S. stocks, is up 10.4 percent this year. That trails the S&P 500’s 12.7 percent gain and the Nasdaq-100’s 16.8 percent, in the very year his headline call landed. In 2025 the fund returned 24 percent, ahead of the index’s 17.7 percent.

He is not alone in that gap. In the first half of 2026, 67 percent of U.S. large-cap funds did worse than the S&P 500 itself, according to the S&P Dow Jones Indices scorecard.

The money, in plain words: calling the market right and beating the market are two different skills. Lee nailed the first one this year. The second one is beating almost everybody, including, so far, him.

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