Players Era Championship teams to receive more than $1M on average in NIL compensation

Maryland guard Andre Mills drives to the basket against Gonzaga during the second half of an NCAA college basketball match in the Players Era tournament Las Vegas Tuesday Nov AP Photo Eric Gay AP Eric Gay Maryland guard Andre Mills drives to the basket against Gonzaga during the second half of an NCAA college basketball competition in the Players Era tournament Las Vegas Tuesday Nov AP Photo Eric Gay AP Eric Gay LAS VEGAS AP Stopping short of saying every participating college basketball unit in the Players Era Championship will receive at least million in name image and likeness money tournament co-founder Seth Berger mentioned Tuesday the average compensation will be greater than that figure Sportico disclosed earlier in the day that not every school will receive million What I can tell you is that genuinely on average each association is getting over million in guaranteed NIL compensation Berger revealed This is the second year of the tournament which began Monday Each of the eight teams that played in last year s event received at least million organizers have commented This year s field includes men s teams with a four-team women s bracket added Eight of the men s teams are ranked in The Associated Press Top poll and three of the women s teams are in the top four Round-robin play took place on the men s side Monday and Tuesday The championship and third-place games are Wednesday and consolation matchups will be that day and Thursday The women play their semifinals on Wednesday and the championship and third-place event on Thanksgiving The Big Conference has purchased an equity stake in the event and the top eight teams in the standings will receive automatic bids to next year s tournament an agreement that goes through The men s field will increase to teams in with four eight-team quadrants Berger revealed teams have committed to play next year including all competing this week The tournament already has become the prime early-season college basketball destination surpassing the Maui Invitational and Battle Atlantis in The Bahamas during Thanksgiving week Berger however announced it s not his intention to knock those tournaments out of commission First of all I m a college basketball fan Berger stated I love Maui I love Atlantis Why can t they play more college basketball tournaments in November It s fantastic I hope they continue to succeed and have the impact they ve had for years Get poll alerts and updates on the AP Top throughout the season Sign up here and here AP News mobile app AP college basketball https apnews com hub ap-top- -college-basketball-poll and https apnews com hub college-basketball Source