Alabama Set to Play in NIL Event

The schedule is coming into frame for Alabama men's basketball, with a date set for the Tide's matchup against Creighton in Tuscaloosa already set. The Tide learned what multi-team event they will play in 2024, and it's the first of its kind.

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According to Matt Norlander of CBS Sports, Alabama Men's Basketball will be playing in an NIL-based multi-team event during the 2024-2025 men's basketball season.

Other teams in the event include Houston, Notre Dame, Oregon, Rutgers, San Diego State, Texas A&M, and one more unnamed team. Each team will receive $1 Million just for participating in the tournament, and "huge additional NIL money will go to the winners," according to Norlander.

The event will take place over Thanksgiving week in November in Las Vegas. Direct pay-for-play is still illegal according to the NCAA, but one NCAA source said to Norlander, "We will be very good about making sure this is fully compliant."

It's the first of its kind, with schools breaking deals with future multi-team events to attempt to play in the NIL-based one multiple times, despite NCAA rules stating that teams can not play in the same MTE over the course of four years.

If all goes will with the 2024 event, Norlander reports that the event could increase to a larger field in 2025, with teams such as Duke and Gonzaga, among others, already in discussions to join the field in 2025.

You can read the full article by Matt Norlander and Dennis Dodd of CBS Sports here.