Interesting article on NIL from a real agent
https://www.mlive.com/sports/2024/05/agent-reveals-how-nil-really-works-in-college-sports.html
“A large number of high-major men’s basketball programs are working with a $3 million annual budget to spend on the roster, Poneman said. Only a handful are higher. There are high-majors spending as little as $500,000 and everywhere in between. Spending doesn’t necessarily correlate to winning. Some teams spent less than $1 million last season and had great success; others were at the $3 million mark and missed the NCAA Tournament.”
https://www.mlive.com/sports/2024/05/agent-reveals-how-nil-really-works-in-college-sports.html
“A large number of high-major men’s basketball programs are working with a $3 million annual budget to spend on the roster, Poneman said. Only a handful are higher. There are high-majors spending as little as $500,000 and everywhere in between. Spending doesn’t necessarily correlate to winning. Some teams spent less than $1 million last season and had great success; others were at the $3 million mark and missed the NCAA Tournament.”
