BREAKING: A first-of-its-kind tournament featuring NIL deals as payouts is coming to college basketball next season.

The 8-team invitational in Vegas will guarantee $1M be split among players on each team—with another $1M to the winning team.

Story » https://t.co/z84v4llmpZ pic.twitter.com/0FaYAhpjmR

— Front Office Sports (@FOS) March 8, 2024