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Imago

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Imago

College basketball’s version of LIV Golf arrived last year — the Players Era Festival — and it wasted no time shaking things up. Launched with just eight teams, the Las Vegas–based, NIL-powered event immediately disrupted the nonconference landscape. Its arrival has already put serious pressure on the traditional holiday tournaments that once ruled early-season college hoops. And the reason programs are suddenly lining up for it? Simple. Money. A whole lot of it. So, how much are teams and players actually making from the Players Era Festival?

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According to Jeff Goodman’s post on X, Players Era founder Seth Berger revealed that on average, every team will earn more than $1 million in NIL compensation.

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“With the NIL opportunities, the kids actually have to perform activations, marketing services, social media postings, and so we make sure that each kid, each athlete is meeting fair-market value for that,” said Berger to ESPN. “And again, it’s in excess of a million dollars on average per team.”

(This is a developing news…)

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