Big tournament, bigger money: How the Players Era event is changing college basketball

Posted Nov 24, 2025
The Players Era Festival debuted in 2024 as a groundbreaking, risky, controversial and, in industry circles, widely maligned concept. The eight-team men's basketball tournament promised to pay $1 million to every school — with another million in cash split amongst the teams that finished in the top four. Nothing like it had ever been tried. (CBS Sports)

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