According to Matt Norlander of CBS Sports, here are the nine college basketball programs that will have $10 million in Name, Image and Likeness or NIL money to spend on their roster for the 2024-25 season.
From Norlander’s article, these are the next 14 schools that can spend up to $8 million on their players for the upcoming college basketball campaign.
No programs outside the Power Five conferences were listed. As for Gonzaga, the recruiting site On3 states the Zags have a $322K NIL average valuation. Let’s just say seven to nine rotation players were getting paid around that amount in 2024-25; that would put Gonzaga’s total NIL somewhere in the range of $2 to $3 million. Revenue sharing would have to be thrown in as well. This is all just a subjective assumption, and these amounts are not all the way accurate by any means.
Arden Cravalho is a Gonzaga University graduate from the Bay Area… Follow him on Twitter @a_cravalho