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flag The Big 12 and Players Era secure a $50M deal, guaranteeing 8 teams entry into the 2026 32-team basketball tournament with $1M NIL payouts each.

flag The Big 12 Conference and Players Era have formed a $50 million equity partnership, securing automatic entry for eight Big 12 teams in the 2026 expanded 32-team Players Era Championship, with each team guaranteed $1 million in NIL compensation. flag The tournament, held in Las Vegas and broadcast on TNT, TruTV, and Max, features 18 men’s teams this year, including Houston, Iowa State, Kansas, and Baylor, and includes a four-team women’s event with Duke, South Carolina, Texas, and UCLA. flag The deal, effective over six years, aims to boost exposure, fan engagement, and NIL opportunities for college basketball programs.

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