Under the deal, Players Era committed to providing $800,000 in NIL compensation to the collective, not $1 million. The remaining $200,000 comes in a separate “event participation agreement” paid directly to the university, which a school spokesperson said will be used to cover the program’s buyout for the Maui Invitational. Although Blueprint was the signatory of the deal, UNLV said it is no longer using the troubled NIL consulting firm for any Players Era-related activity. Though the university insists the documents it provided to Sportico represent the most updated agreements, a Players Era spokesperson contends that more recent revisions have been made. Per the agreements executed in June, UNLV agreed to buy 1,500 tickets to the event—500 for each of the three games—at a total cost of $202,500. The school can resell the tickets at any price but is responsible for absorbing any losses. Those ticketing requirements are mirrored in at least one of the other school’s contracts reviewed by Sportico.
Sportico
This article originally appeared on Hoops Hype: Under the deal, Players Era committed to providing …
AdvertisementAdvertisement
