Jacob Singer is a student at the University of Michigan majoring in Political Science. He is a Michigan Football and Basketball Writer for Maize and Brew
The new era of NIL has crept into college basketball, and we now have tournaments with prize money that goes to the pockets of the winning team.
The Michigan Wolverines were selected to play in the Players Era Festival basketball tournament in 2025, a college basketball tournament at the MGM Grand in Las Vegas, Nevada. Each team will receive at least $1 million in NIL opportunities outside of the competition, and the winning team has a chance at additional money.