NCAA set to introduce new tournament from next season with NIL pay out deals.
The National Collegiate Athletic Association (NCAA) is set to introduce a new tournament which will take the form of the NBA’s in-season tournament. According to reports, the new tournament is expected to offer close to $2 million in NIL deals to the teams participating. The 8 teams will receive $1 million split among the players on each team with the remaining $1 million awarded to the winning team. Some of the team in talks to participate in the tournament include Duke, Alabama, Florida Atlantic, Houston, Kansas, San Diego, Rutgers and Oregon.
This is wild: the NCAA will introduce a new tournament next season with NIL deals as payouts 🤯
“The 8-team invitational in Las Vegas will guarantee $1M be split among players on each team—with another $1M to the winning team.”
(via @FOS) pic.twitter.com/Z2bUtFcx7t
— Legion Hoops (@LegionHoops) March 9, 2024