The NIL (name, image, and likeness) rules of 2021 now offer college athletes a way to support themselves by getting paid for the use of their name, image, and likeness while staying in school and not choosing the route of professional sports. The NIL has transformed and will continue to transform how fringe NBA draft prospects view the draft and make decisions about their future. There will be ramifications for athletes, college sports programs, the NBA draft, and wealthy individuals who choose to fund NIL deals to support their favorite college team.
March Madness, the colloquial name for the NCAA men’s Basketball Tournament, is aptly named for a variety of reasons, whether it be for the nail-biting, heart-attack-inducing-finishes, or the decrease in worker productivity during the tournament season. The NCAA tournament truly induces Madness. However, perhaps the real reason March Madness is an apt name is because of the sports betting that occurs during the tournament season, with an estimated more than $3 billion wagered.