The 'Players Era Festival' will include eight teams in 2024. In 2025 it's expected to double to 16 teams -- with huge brands

Teams competing in "The Players Era Festival" reportedly will receive $1 million in NIL payouts to divide among its players.

More than 100 college basketball players will be heading to Las Vegas over Thanksgiving week of this year. But unlike most folks in town, they already know they’ll be coming home winners. Eight college basketball teams are set to participate in a new first-of-its-kind tournament that will pay at least $1 million in NIL money each to each team’s roster,

Notre Dame’s men’s basketball team reportedly will have the opportunity to do just that. According to a source, the Irish are one of eight teams that will take part in the inaugural Players Era Festival this November in Las Vegas.