Definitions by Deadring
Fede
In the college basketball NIL world, 1 Fede = $1Million dollars in NIL money. 1 Fede = $1M, 2 Fedes is $2M. It references the obscure amount of NIL money paid to tall big portal targets. Federiko Federiko received large amounts from both Texas Tech and Texas A&M, where he undelivered in his basketball play. In the portal world, fans starting using the term to represent the thow away money given to players; usually an overpay.