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There Will Be 8-Team College Hoops Tourney Next Season With $2M NIL Money To The Winner
by Larry Leo
March 9, 202410 Comments
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College sports feels like it's changing fast... quote:
The tournament operator is guaranteeing that sponsors and other tournament partners will offer each school a total of $1 million in NIL money for participating. That money will be funneled to collectives, boosters, or other NIL entities, and the coaches and teams will be able to distribute that money however they see fit, as long as the money goes to current players. The winning team will be eligible to earn another $1 million, to be distributed in the same way.
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(Barstool Sports) Filed Under: SEC Basketball
Originally published on SECRant.com
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