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In-season college basketball invitational to offer $2 million NIL payouts

By Pete Nakos, On3: Another first is coming to the NIL space, this time in college basketball.

A new in-season men’s college basketball tournament will offer up to $2 million in NIL deals to participating teams. The news was first reported by Front Office Sports. A source told On3 that AlabamaDukeFlorida AtlanticHoustonKansasOregonRutgersSan Diego StateSt. John’sSyracuse and Virginia are all in talks to participate.

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