After two seasons of falling short in the College Football Playoff semifinals, Michigan has made it to the championship game. At the helm is a Wolverine Matt Wile Jersey fans will never forget: J.J. McCarthy.It's hard to believe the quarterback started as a backup. He played 11 games his freshman season behind Cade McNamara. It was all McCarthy in 2022, though, and he led his squad to another win over Ohio State, a Big Ten championship and a playoff appearance. Third time's the charm, though.This year, he's pa sed for 2,851 yards, 22 touchdowns and four interceptions on a 73.2 completion percentage. His hard work came to fruition when he threw for 221 yards and three touchdowns to help Michigan to a win over Alabama in the Rose Bowl and a berth in the title game.He may not be at the top of the potential NFL Draft quarterback cla s, but McCarthy has etched his name into history in Ann Arbor. He enters the CFP championship potentially for his last appearance in the maize and blue. That leaves just one question: will McCarthy declare for the NFL Draft?MORE:Here's what you need to know.Is J.J. McCarthy entering the NFL Draft?The junior's status regarding the 2024 season has yet to be Jordan Brewer Jersey announced. Unsurprisingly, McCarthy is focused on the CFP championship first before making up his mind.I have not (made a decision) at all, he told reporters in December. Im completely in the present moment, soaking in every single day, enjoying every single practice, every single meeting with my guys."McCarthy's draft stock only improved after Michigan's Rose Bowl win over Alabama. Still, the 2024 draft will feature some talented QBs, including Caleb Williams, Drake Maye, Bo Nix and Washington's Michael Penix Jr., who McCarthy will face in the collegiate championship.MORE:With Jim Harbaugh's future with the Ann Arbor Jersey program in question, that may impact the QB's decision to declare. If Harbaugh takes a position in the NFL, it may encourage McCarthy to enter the draft instead of starting over in a potentially new system at Michigan.But in the world of NIL and fifth-year succe s, anything is po sible. Nix and Penix both used extra years of eligibility to make their teams national contenders, and Georgia's Stetson Bennett showed what was po sible by extending his college career with back-to-back titles.We'll find out more after Monday's game.MORE: J.J. McCarthy NILNIL has changed the game for college football players, and McCarthy is no exception.According to , the Michigan star has an estimated annual value of $1.4 million. That ranks him 11th in college football and 14th nationally. Michigan running back Blake Corum comes in at 40th.McCarthy has signed deals with Brady Brand, an apparel line created by Wolverine legend Tom Brady, as well as Alo Yoga, Topps, and Bose.Despite a handful of big-name deals, McCarthy comes nowhere close to the top of the NIL leaderboard. Bronny James has an annual Ibi Watson Jersey value of $5.9 million while Shedeur Sanders ranks second with a valuation of $4 million. Livvy Dunne, Arch Manning and Caleb Williams round out the top five estimates.MORE:Michigan QB depth chartJ.J. McCarthyJack TuttleJayden DenegalIndiana transfer Jack Tuttle stepped in as McCarthy's backup this year. The sixth-year player has appeared in 20 games throughout his career, including five at Michigan.Sophomore Jayden Denegal has been the Wolverines' third-stringer, appearing in four games this year. His status with the program going forward has not been confirmed, as any po sibility of transferring will wait until after the championship.It's no surprise the QB room is sparse. And if McCarthy declares for the draft, next season will be even more so. Tuttle has yet to be granted another year of eligibility, Willie Henry Jersey but whether he wants it or not is the question. He's suffered through multiple injuries, including a season-ending one to his shoulder in 2022 with the Hoosiers.I dont know if I can play another year; I dont know if Im going to coach, Tuttle . But regardle s, Michigan is going to set me up best for either one of those things. And that was really one of the big reasons I came.If McCarthy decides to enter the NFL Draft, the Wolverines will likely head to the transfer portal for an experienced play-caller.