NEWS—The revolutionary college basketball NIL tournament set to be staged this year is nearly finalized, sources tell @CBSSports. Seven of the eight schools are on board, and plans are to double the field to 16 in 2025. Details/reporting w/ @dennisdoddcbs:https://t.co/cFGRL1nkpt— Matt Norlander (@MattNorlander) May 7, 2024
This has multiple posts explaining the process and scope but bottom line each school participating receives $1M to put into NIL. The players have to participate in non-basketball activities in Vegas and probably social media to meet the parameters of NIL. If equally distributed across the 13 scholarship spots, that would add $76,923.07 to each players NIL deal.
Apparently 7 of 8 spots are spoken for but Young should try to grab that 8th spot or at a minimum be in the conversation for the potential expansion of this early season tournament.

Comments
which 7 teams already have a seat at the table? VT absolutely needs to try getting to this table, IMO
Alabama, Houston, Notre Dame, Oregon, Rutgers, San Diego State, Texas A&M
VT won't sniff this. Rich get richer. UCONN, Zona, Kansas, Duke, MSU, Carolina, yadda yadaa yadda
So it's basically like an NBA internship for a week
Cooooolll
If there is one thing thats unlimited, its middle east oil money.
we could stop buying gas...and then...well...you know