- NIL Wire
- Posts
- đ March Madness by the NIL Numbers
đ March Madness by the NIL Numbers
Hey there,
Last night, it hit me: We treat College basketball like the stock market, but itâs a game of darts.
Every year, you and I watch the games, we collect data, we listen to the experts. We discuss which teams to buy into, and who will underperform. We meticulously make our picks for who will win it all. And then â like clockwork â our moms inevitably win the family March Madness Bracket by picking winners based on mascots. Itâs a sad but necessary annual liturgy for college basketball fandom; and at the same time, that volatility keeps us coming back every year. Hopefully this time youâve figured out the formula, but I wouldnât count on it.
Speaking of coming back, youâre here for the news, and weâre excited to give it to you. But first, you should check out our sponsor ____. They keep our lights on, so make sure to check their ad out in todayâs edition.
Want to advertise with NIL Wire? Weâre currently taking advertisers! Get your product or brand in front of readers today by emailing us or responding to this email.
If you have any questions or concerns about NIL Wire, we want to hear from you. Hit reply or find us at [email protected] if you want to get in touch.
â Cole, Justin and Collin
KICK-OFF
Menâs March Madness by the Numbers
If you were going to fill out your bracket based solely on team spending, youâd have Duke as the #1 overall seed, followed by UConn at #2, Kentucky at #3, and Michigan State rounding out the top four. In fact, hereâs all sixty-four teams in the fieldâs spending broken down by their seeding:
Here's how the men's basketball budgets of all 68 #MarchMadness teams stack up:
â Lev Akabas (@LevAkabas)
12:29 AM ⢠Mar 18, 2024
This data gives us a look into the relationship between basketball investment and team performance. It doesnât just take NIL into account, by the way. Coaching salaries, facility maintenance, and much more factor into this chart. (More)
Gamecocks Dominate Womenâs Hoops Spending
On the womenâs side, thereâs a clear top-program in terms of money spent: South Carolina. However, the UConn Huskies and LSU Tigers arenât far behind. All these programs are top three seeds:
No. 1 overall seed @GamecockWBB spend the most on their team
âď¸: wp.me/pc2RuA-1lyYok
See how all 68 teams stack up đ
â Lev Akabas (@LevAkabas)
1:42 PM ⢠Mar 18, 2024
The average spend by a #1 seeded womenâs basketball team was $7.32M, which is what schools like Dayton, Iowa State, and Colorado spent on their menâs teams. The chasm between menâs and womenâs basketball spending is wide⌠however, it could be a thinning gap considering how much womenâs hoops has exploded this year. (More)
Is âAmateurâ March Madness Over?
Is this the last âamateurâ March Madness weâll ever have? Sporticoâs Michael McCann thinks so. Thanks to the NCAAâs current whirlwind of issues â antitrust lawsuits, unionization murmurs, and transfer portal mayhem, just to name a few â the 2024 March Madness tournament could very well be the last of its kind.
What would change on the court? Well, not much. These changes would hardly affect the on-court product at all. However everything that goes on off the court could be radically different. If players were salaried employees, and if the transfer portal remained completely untethered⌠well, who knows what could happen to the tournament?
That is, even if March Madness is even still the premiere tournament. With the recently announced Las Vegas invitational competition, which would pay out hundreds of thousands to participating teams through NIL, many are predicting that the post-season could look very different in the near future. (More)
Teaming up with
Influxer, the premier NIL merchandise provider for over 265 universities and 9,000 student-athletes has launched basketball jerseys just in time for tip off. But the jerseys aren't just for the tournament teams and are not just for basketball.
Over the coming weeks, Influxer will be launching all types of jerseys for all sports at ALL universities in which they are licensed! The jerseys speak for themselves being top tier quality and short delivery times, but Influxer won't stop there. The team will continue to launch new items for sale available on all student-athletes collections at all universities.
If you're an administrator interested in learning more about how Influxer can provide your student-athletes and university a winning NIL experience, please contact the team via Contact Us. If you're a student-athlete, sign up here!
WHATâS TRENDING
Ups and Downs
The womenâs basketball coaching market is skyrocketing thanks to increased nationwide popularity. LSUâs personalities, Caitlin Clark, and more have combined for a golden age in womenâs hoops đ
USC football commit JuJu Lewis has reaffirmed his Leaf deal by giving the company exclusive NIL rights. in 2023, the top ranked recruit threw 48 touchdowns and only two interceptions. đ
South Carolinaâs MiLaysia Fulwiley just signed an NIL agreement with Steph Curryâs brand. After winning the SEC tournamentâs MVP honors, the star freshman looks to lead the Gamecocks to a championship this month đ
DOWN TO BUSINESS
Keeping That Energy
Cal basketballâs Mia Mastrov is one of the most followed womenâs players in the country, boasting over one million followers on her social media. Itâs no wonder, then, that Accelerator Active Energy tapped her as their newest NIL energy drink spokesperson.
Mastrov is not the first high-profile name to rep the brand. Full-time trophy boyfriend and part-time NFL superstar Travis Kelce also sponsors the drink brand, not to mention LSUâs unquestioned NIL queen Livvy Dunne. Mastrovâs squad wonât get a shot at competing in the March Madness tournament, but sheâll likely be happy cashing checks nonetheless. (More)
Providence guard âTicket Gainesâ â yes, thatâs his name â agreed to an NIL deal with ticket broker StubHub in what seems to be a match made in heaven. Unfortunately, the 6â7 basketball stud will not be able to promote his NIL in March Madness, as Providence didnât make the cut.
The NCAA sent an update to their rules for two-time transfers as the portal opened on Monday. The memo affirms the rule change put in place as a result of the injunction resulting from a lawsuit in West Virginia.
COLLECTIVE 101
UCLA Wants to Re-Join the Big Dance
For the first time in four years, the UCLA menâs basketball team wonât be playing in March Madness. The school has won more national championships than anyone in college basketball history, so it goes without saying that the schoolâs collective is looking to change things around.
The Men of Westwood NIL collective just launched a donation matching campaign to get the school the talent it so desperately needs. Until Friday, all NIL giving will be matched by some secret donors until they reach their goal of $100K.
As of Wednesday, theyâre a little over 30% of the way there. Itâs been tougher than one might think to raise NIL funds for the Bruins, so itâs yet to be seen if theyâll hit that goal. (More)
Syracuse just launched a football-only NIL fund to bolster new head coach Fran Brownâs operation. For a small $150K fee, you can enjoy a one-on-one meal with coach Brown.
Florida Atlanticâs head football coach Tom Herman tapped former Ohio State Buckeye Cardale Jones for NIL consultation. âCardale has actually flown to Boca as a consultant if you will with our collective,â he said of his former player.
ATHLETE SPOTLIGHT
Sydney Parrish
Introducing Sydney Parrish, the Indiana women's basketball star who's not only dominating the court but also social media. With an impressive following of 345,000 across platforms, Sydney's influence transcends basketball. She's strategically leveraging her reach to secure game-changing NIL deals with powerhouse brands like Ritz Crackers, Raising Canes, The NIL Store and many more.
From captivating highlights to engaging with fans online, Sydney Parrish is redefining what it means to be a student-athlete, setting the stage for a future where athletes like her wield influence.
NIL BLITZ
âŚď¸ Topps releases first ever March Madness cards
âŚď¸ Charleston basketball player brings diabetes awareness through NIL
âŚď¸ USC hoopers sign deal with Morgan & Morgan
âŚď¸ Why Kirby Smart is worried about development, not NIL
BATTER UP
Todayâs Poll Question:
Which Big East tam was the biggest March Madness Snub this year? |
Last Editionâs Poll Results:
Which #1 seed has the best chance of winning March Madness?
Houston - 18%
North Carolina - 20%
UConn - 40%
Purdue - 22%
âI think youâre starting to see schools that typically have not invested in womenâs basketball coaches that have not had success be willing to do so.â