Teams competing in 'The Players Era Festival' reportedly will receive $1 million in NIL payouts to divide among its players.
Teams competing in the Players Era Festival reportedly will receive $1 million in NIL payouts to divide between its players.
Plans are being finalized to hold an in-season men's basketball tournament later this year in Las Vegas that would be driven by Programs competing in the eight-team tournament dubbed the Players Era Festival will receive $1 million in NIL payouts to divide among its players.The winning team of the tournament, depending on the bracket format, reportedly will be awarded other NIL opportunities believed to be around $1 million that would be distributed to players.
The NCAA will look to expanded to a 16-team field for the 2025 tournament, with Duke, Gonzaga, Kansas, Michigan, Syracuse and Virginia in consideration.
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