
In-Season Men’s College Basketball Tournament to Offer $2M in NIL Deals
The eight-team event will pay out $1M to each school, and another million to the winner.

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Looks like the article was just edited to reflect St. Joseph’s instead of St. John’s.![]()
In-Season Men’s College Basketball Tournament to Offer $2M in NIL Deals
The eight-team event will pay out $1M to each school, and another million to the winner.frontofficesports.com
Exhibit A of Rick Pitino opening doors for us. This would be huge.
And SJU one of the teams in talks to participate:Possible In Season Tournament / $2 Million NIL Payouts
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In-season college basketball invitational to offer $2 million NIL payouts
Another first is coming to the NIL space, this time in college basketball with plans for an in-season tournament with collective payouts.www.on3.com
Exhibit B would be the 300-400 of us who travelled to Charleston. I'm sure TV revenue and the TV audience drawn means alot but the better our fans travel may be a factor also.![]()
In-Season Men’s College Basketball Tournament to Offer $2M in NIL Deals
The eight-team event will pay out $1M to each school, and another million to the winner.frontofficesports.com
Exhibit A of Rick Pitino opening doors for us. This would be huge.
Fyi.. I think found answer to my own question. If interpreting correctly, a team can play in two MTE's, but must be within 5 days of each other. So, perhaps Baha Mar, then right into Vegas a few days later.Really interesting. 10 schools noted as of now for discussion and 8 would be chosen 1st year
Not sure how current rules work tied to multiple team events (MTE) and how many are allowed in one season by same school.
Baha Mar would be a MTE plus this right?
Unofficial take
The original article notes that it would go to current playersThese pundits seem to assume the $1 million goes to current players? Is that the case? I could see some significant but small bonuses (say 25 to 50k) for each or many players but with most of it going to next years pile. I wonder if that will be left to collectives/schools to decide.
Great find. Maybe it's Thanksgiving in Vegas?Fyi.. I think found answer to my own question. If interpreting correctly, a team can play in two MTE's, but must be within 5 days of each other. So, perhaps Baha Mar, then right into Vegas a few days later.View attachment 2306
Yes..this says likely Thanksgiving weekendGreat find. Maybe it's Thanksgiving in Vegas?
And this article says they need to get out of the MTE they're already in.Yes..this says likely Thanksgiving weekend
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New Men’s College Basketball Event to Offer $2 Million in NIL Deals
Proposed Las Vegas event expected to host eight teams in 2024, expanding to 16 in 2025www.si.com