<!-->--> Another new innovation will be introduced to college sports in the NIL era, this time in the form of a new in-season men’s college basketball tournament that will offer up to $2 million in NIL deals to the participating teams, according to a report by Front Office Sports on Friday. According to On3, the teams that are in talks to participate in the tournament include Alabama, Duke, Florida Atlantic, Houston, Kansas, Oregon, Rutgers, San Diego State, St. John’s, Syracuse and Virginia. The eight-team tournament dubbed “Players Era” is slated for Thanksgiving weekend and will be held at MGM Arena in Las Vegas. What’s more, is that every team included in the tournament will be guaranteed at least $1 million in NIL dollars for participating, per On3. Programs will distribute the cash at their own will, but it must be given to the current team. Meanwhile, the winning team will be eligible to earn another $1 million. Another tournament known as the College Basketball invitational offered NIL agreements a year ago, with the winning school receiving $25,000, the runner-up receiving 10,000 and each team semifinals loser receiving $2,500. [Want great stories delivered right to your inbox? Create or log in to your FOX Sports account, follow leagues, teams and players to receive a personalized newsletter daily.] Get more from College Basketball Follow your favorites to get information about games, news and more Source link
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🏀 Exciting News in College Basketball! 🏀 Athletes of Tomorrow (AOT) is thrilled to see the continued evolution of opportunities for student-athletes, especially in the realm of Name, Image, and Likeness (NIL) deals. As an organization dedicated to empowering young athletes, we're excited to share the latest development in college basketball: the introduction of a groundbreaking in-season tournament offering up to $2 million in NIL deals to participating teams. Named "Players Era," this tournament is set to take place over Thanksgiving weekend at the MGM Arena in Las Vegas, providing a unique platform for student-athletes to showcase their skills both on and off the court. According to reports by Front Office Sports, several esteemed programs including Alabama, Duke, Kansas, and Syracuse are already in talks to participate. This presents an incredible opportunity for athletes to not only compete at a high level but also to secure meaningful NIL agreements that can support their academic and personal development. What sets this tournament apart is its commitment to ensuring every team receives a minimum of $1 million in NIL dollars, with the potential for additional earnings based on performance. Operated by EverWonder Studio and AND1 CEO of basketball Seth Berger, plans are already in motion to expand the tournament to 16 teams by 2025. We're particularly excited to see the potential involvement of programs like Rutgers (which will boast former AOT standout Ace Bailey) and Duke, who boast impressive recruiting classes and top-tier talent. This tournament marks a significant step forward in recognizing the value of student-athletes' contributions and providing them with the support they need to succeed both on and off the court. As we continue to advocate for the holistic development of young athletes, we applaud initiatives like the "Players Era" tournament for creating opportunities that align with our mission of using basketball as a vehicle for academic and personal growth. Stay tuned for more updates as this exciting tournament unfolds, and let's cheer on the next generation of basketball stars as they shine on the national stage! #AthletesOfTomorrow #CollegeBasketball #NILDeals #PlayersEra #EmpoweringAthletes #BasketballDevelopment #Opportunities #AOTCommunity 🔗 https://lnkd.in/eYwHnxAd
In-season college basketball invitational tournament to offer $2 million NIL payouts
foxsports.com
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🌟 Exciting Updates in the College NIL Space!🌟 Over the weekend, some significant developments occurred in the world of NIL (Name, Image, Likeness) for college athletes: 1. Houston Cougars Score Big: Houston’s largest credit union, TDECU, has signed NIL deals with nine players from the University of Houston’s men’s and women’s basketball teams. This initiative, “TDECU Assists,” not only supports student-athletes financially but also involves them in performing acts of kindness on campus, boosting community engagement. This partnership, facilitated by LinkingCoogs, highlights how local businesses are investing in collegiate athletes to build stronger community ties (https://lnkd.in/gVA3kaRb). 2. Showcasing Talent: The Mad Dog Mania Showcase Tournament in Saratoga, NY, featured numerous college coaches scouting for talent. Events like these are becoming increasingly important as they provide high school athletes a platform to secure NIL deals even before stepping onto college campuses. This trend is transforming the recruiting landscape and creating new opportunities for young athletes.(https://lnkd.in/gpJBX3QN). It's an exciting time for college athletics, with significant potential for growth and change. #NIL #CollegeAthletics #StudentAthletes #HoustonCougars #CommunityEngagement #MidMajorPrograms #TalentShowcase #Recruiting #CollegeBasketball Feel free to share your thoughts or any recent NIL developments you’ve come across! 🏀📈
Houston’s largest credit union signs 9 Cougar basketball players to NIL deals
on3.com
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March Madness was at a crossroads Why it matters: To expand or not to expand the NCAA men's and women's basketball tournaments past 68 teams is the big question facing the organization. The answers revolve around not only student-athlete experience and money, but also accessibility. The NCAA's Division I transformation committee is taking aim at eventually including 25% of eligible teams in sanctioned tournaments, but when -- or if -- that will be implemented remains to be seen. Currently, less than 20% of basketball programs end up being invited to participate. Not only that, but which teams would get into an expanded tournament field? Would it be squads from smaller schools, or middling programs in larger conferences? Right now, there are more questions than answers, and it seems to be about as complicated as picking a perfect bracket.
The NCAA Tournament wants to expand without losing its soul. It will be a delicate needle to thread
apnews.com
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College admission advisor to students and families worldwide. Experienced educator and student mentor.
When it comes to collegiate sports, Division I schools tend towards cutting programs in non-revenue generating sports to save costs, while Division III schools tend towards adding athletic programs to boost enrollment. #GreatCollegeAdvice #NCAA #CollegeAthletics
Betting big on sports to help balance the budget
insidehighered.com
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When it comes to collegiate sports, Division I schools tend towards cutting programs in non-revenue generating sports to save costs, while Division III schools tend towards adding athletic programs to boost enrollment. #GreatCollegeAdvice #NCAA #CollegeAthletics
Betting big on sports to help balance the budget
insidehighered.com
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Exciting news in the world of college baseball! The current scholarship restriction of 11.7 is expected to increase, with rosters expanding to 34 players. I believe this change will positively impact Black Americans signing to play college baseball, opening doors for many talented athletes. However, it's crucial to understand that while the scholarship amount may increase, not every college or university will have the funds to offer these scholarships. This change will significantly benefit well-resourced institutions, but we must remain vigilant to ensure equitable opportunities across all schools. At the end of the day, our LEAD Center For Youth Ambassadors can only sign one scholarship, and Kelli and I are committed to doing everything we can, proactively and deliberately, to ensure that each of our Ambassadors can receive a college education if they choose to attend, opting out of the MLB Draft to go to college at no cost to them or their family. What are your thoughts on this development? Let's discuss how we can continue to support our young athletes in achieving their dreams. [Read more about this change here](https://lnkd.in/e5HtapnZ) --- What do you think?
Sources: NCAA to increase scholarships for sports, with football getting roster limit of 105 players
sports.yahoo.com
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Lucy Valeski from The States Newsroom says that “NIL will probably be on many athletes’ minds when looking at schools. When athletes visit programs, they may weigh how much money a program could offer them, from outside sponsorships to potentially a direct check. Some have speculated that athletic programs will have to spend more money to get and keep the best players.” My 2 big question are how will families navigate this sort of thing and what will actually stand from this ruling? With tons of info out right now from different ADs on how this will impact title IX as well is there going to be an easy solution? The answer is no. There is a lot of work to be done to sort all this out. There is no going back now. It’s certainly a new horizon for collegiate athletics and the college athlete. https://lnkd.in/gWUNqu5N
‘A new era of college athletics’: Speaker Tate and MSU coaches talk changes in NCAA
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With a lot of movement in the U.S. youth sports industry recently, this is yet another interesting one for the benefit of the athlete, but with potentially massive implications on the #collegesports & athletics landscape in the 🇺🇸. #CollegeRecruitment #StudentAthletes #AthleteRecruitment
A historic moment for US College Sports with global implications - as this will start re-routing youth player pathways worldwide. 💪The competitive economics of US College sports is set to make it the world’s largest youth sporting talent magnet. 🏀 Basketball leagues around the globe may struggle to retain local talents, while niche sports like netball may face challenges attracting top young athletes. ⚽️ Football Academies globally will have new customers, and the still forming US soccer leagues will encounter fresh competition for talents. How long until we see Transfermarkt GmbH & Co. KG adding US colleges to it’s platform? And will women’s college players be paid more than men due to title IX? #USCollegeSports #YouthAthletes #playerdevelopment
Thamel: It's a new day for college sports, but the future remains unclear
espn.com
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#Collegesports in the U.S. hasn't become any less dynamic & interesting, considering the recent dynamic developments within youth sports , as well as the NCAA & the Power 5 conferences agreeing to settlement terms. #️⃣ Setting the scene for future athletes to get paid vs. their current status as "amateurs" #️⃣ Implications for the college sports market overall ⬇ Read below ⬇ Smarthlete #CollegeRecruitment #StudentAthletes #AthleteRecruitment
A historic moment for US College Sports with global implications - as this will start re-routing youth player pathways worldwide. 💪The competitive economics of US College sports is set to make it the world’s largest youth sporting talent magnet. 🏀 Basketball leagues around the globe may struggle to retain local talents, while niche sports like netball may face challenges attracting top young athletes. ⚽️ Football Academies globally will have new customers, and the still forming US soccer leagues will encounter fresh competition for talents. How long until we see Transfermarkt GmbH & Co. KG adding US colleges to it’s platform? And will women’s college players be paid more than men due to title IX? #USCollegeSports #YouthAthletes #playerdevelopment
Thamel: It's a new day for college sports, but the future remains unclear
espn.com
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Have you heard about how NIL (Name, Image, Likeness) deals are revolutionizing college sports? A prime example is the University of Michigan football program, which has seen a remarkable boost thanks to NIL opportunities. NIL deals aren't just about individual gains; they're transforming entire teams. At U of M, these deals have brought new energy and resources, strengthening the program and enhancing the overall experience for athletes. This is a testament to the power of NIL in reshaping the landscape of college athletics, fostering not just individual success but also contributing to the growth and vitality of entire sports programs. For a detailed look at Michigan's experience and more insights into the NIL era, check out this fascinating read: How NIL Money Made Michigan Football Program Even Stronger. #NILImpact #CollegeFootball #MichiganFootball https://lnkd.in/eU7weZB4
How Michigan Football Is Thriving Under NIL
si.com
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