July 2, 2025
By Matt Norlander, CBS Sports: Matchups have been set for the most anticipated regular-season event of the 2025-26 college basketball season, sources told CBS Sports. The Las Vegas-based Players Era Festival will feature 18 teams, all playing three games, with the ultimate prize of an additional $1 million to the team that wins the event.
Every school is already assured $1 million for participating; the straightforward incentive for additional financial rewards for the champion is a trailblazing concept in college sports, enabled by NIL legislation. (Impacts of the House case settlement on Players Era can be read further down in this story.)
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