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Report: 8 College Teams Have $10 Million Basketball NIL Budgets

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The new era of college basketball is here.

With players being paid and the transfer portal feeling more and more like free agency with each year, coaches, players, fans, and all of those interested in collegiate athletics have had to adjust to the new times. Now, with a new report from 247 Sports’ Travis Branham, we have some more insight into the ever-growing market in college basketball.

Branham reported on Friday that at least eight college basketball teams will have a roster worth $10 million this upcoming season.

 

In addition, The Field of 68’s Jeff Goodman reported some numbers based on a poll that he conducted with head basketball coaches.

 

Goodman also replied to Branham’s initial report, indicating that he believes more teams will have $10 million rosters.

 

Pitt has landed two transfer commitments already this spring, earning commitments from two former Iowa State players. Dishon Jackson, a center, committed first. Then, on Monday, Nojus Indrusaitis committed to the Panthers. Stay tuned for more on PSN.

Jackson is a 6-11, 275-pound senior center, who this past season averaged 8.5 points and 5.1 rebounds per game in 18.7 minutes of action. The year prior, he averaged 11.4 points and 6.1 rebounds. His best two performances last year were a 17-point, 4 rebound game against Kansas and a 14-point, 5-rebound effort against TCU.

Indrusaitis, who spent his high-school years in the Chicago area, was ranked as the No. 96 player and a four-star prospect in the class of 2024 before going to Iowa State. He played for Meanstreets EYBL and also competed for Saint Rita High School in Chicago before going to Brewster Academy.

Sandy Schall, Coldwell Banker

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