Some say NIL ruined college basketball, but March Madness viewership paints a different story
By Matt Reed

The discussion of NIL has already become a massive talking point just a few days into the transfer portal opening up for the next college basketball season, however, the NCAA Tournament isn't even close to being over yet.
As the Sweet 16 nears this week with lots of great matchups on tap, there's been significant talk from experts and analysts about how college basketball is being ruined by NIL and the transfer portal, but somehow the games are seeing near-record viewership numbers and that indicates an entirely different narrative.
RELATED: The NCAA men's basketball transfer portal has been absolutely chaotic
While the NBA is having tough times finding ways to engage their fans and keep them involved over the course of a long regular season, March Madness hasn't been this big in decades.
TBS, CBS, TNT, and truTV viewership through the second round of March Madness is averaging 9.4 million viewers.
— Front Office Sports (@FOS) March 25, 2025
It's the most-watched tournament in 32 years 📺 pic.twitter.com/ThstBzb9lX
In fact, the first two rounds of this year's NCAA Tournament have averaged over 9.4 million viewers, which is the highest the games have seen in over 30 years.
While some pundits like Stephen A. Smith have suggested the lack of upsets and Cinderella stories is bad for the game, people are still watching the big-time schools like Duke, Florida, Kentucky and others that are still competing in this year's tournament.
"If this continues, it will be the death of college basketball." 😯@stephenasmith weighs in on college basketball not having Cinderella teams pic.twitter.com/Km2HlCCjRv
— First Take (@FirstTake) March 24, 2025
The one main reason why Smith and others have gotten this narrative entirely wrong is that NIL has not only helped college stars build up their financial portfolios, but it's also increased exposure on the players themselves because there are more talented players than ever before.
While the business side of things has gotten messy, especially with the transfer portal opening up during the NCAA Tournament, we're at a point now where schools like BYU, Purdue and others are able to compete for big-time players because they have significant NIL Collectives that can bring in stars.
It's impossible to say if this will continue over time, and maybe it will turn into a college football situation where schools like Alabama, Georgia, Ohio State and Michigan win the recruiting battles every year, but for. now this doesn't seem to be the case in the slighest.
In fact, Rutgers was a perfect example this season after adding Ace Bailey and Dylan Harper - two projected top-5 picks in the NBA Draft. Neither player is playing in March Madness because the Scarlet Knights finished outside the top 10 in the BIg Ten and couldn't qualify.
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