Thanksgiving Week college hoops week brings new-look Players Era Festival to tournament lineup ...Middle East

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Thanksgiving Week college hoops week brings new-look Players Era Festival to tournament lineup
AP Basketball Writer Eight of the nation’s premier basketball programs are descending on Las Vegas during the traditional Thanksgiving tournament week for a unique event where real money for their school’s name, image and likeness collectives is riding on the outcome. Welcome to a brave new world for college hoops. The three-day Players Era Festival, tipping off Tuesday and organized by RedBird IMI-backed EverWonder Studios, is reimagining old-school holiday tournaments. Every school participating will receive at least $1 million for their NIL collective, with bonuses of $500,000 to the champion, $250,000 to the runner-up, $150,000 for third place and $100,000 for finishing in fourth.

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