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College football, basketball or other? How schools will share revenue

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  • How much capped revenue share money will each team within an athletic department receive? That’s left to schools to decide. Welcome to “Capology.”
  • Conventional wisdom will lead many schools to distribute most of their revenue share allotment to football and men’s basketball, but opportunities exist for deviations.
  • Schools’ autonomy opens the door for some outside-the-box spending ideation. Schools have the chance to identify and spend on the sports that matter most to their fans and school fabric.

They’re playing a new game at college athletic departments. We’ll call it “Capology,” and game play tasks athletic directors to be the banker.

A legal settlement approved June 6 authorizes schools to directly pay athletes from athletic department coffers in the form of revenue sharing, beginning July 1. That revenue sharing will be capped this year at about $20.5 million per school.

Athletes’ separate NIL deals brokered with outside entities won’t count against a school’s revenue share cap.

How much capped revenue share money will each team within an athletic department receive? That’s left to individual schools to decide.

Commissioners from the Power Four conferences plus the rebuilt Pac-12 confirmed their schools retain the authority to determine the percentage breakdown of how they’ll distribute their capped allotment with their teams.

Decisions, decisions, for athletic directors tasked to dole out the dough.

“Things get very political really quick of who gets what resources,” Mississippi State athletic director Zac Selmon said, “but I think you’ve got to continue to invest in programs that generate the revenue. That’s No. 1.

“And No. 2, would be, what’s the fabric of your school? For us, at Mississippi State, baseball is a huge deal.”

Selmon’s assessment holds true to the way many athletic directors view this: The top revenue-generating sports of football and men’s basketball will get the lion’s share of revenue share dollars – about 90% combined across the two sports – with a smaller fraction going to women’s basketball, and other bedrock sports that help form the school’s identity will receive the leftover dollars.

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Within the SEC, at least, it’s widely believed many schools will use a baseline distribution model that uses the settlement’s backpay formula as a guide. Using this model, about 75% of a school’s revenue sharing cap will go to the football program, with about 15% going to men’s basketball, 5% to women’s basketball, and 5% for other sports.

Those 75-15-5-5 percentages, though, are not mandated, either within the SEC or beyond.

The breakdown could vary, as an institution sees fit.

“Conference to conference, school to school, sport revenue share allocations will vary based on several factors,” Oklahoma athletic director Joe Castiglione said.

Schools’ autonomy opens the door for some outside-the-box thinkers to emerge within “Capology.” This, too, is an opportunity for schools to identify and spend on the sports that matter most to their fans, and where they think they can win big.

“We’re giving our institutions discretion,” Big Ten commissioner Tony Petitti said, a sentiment echoed by the other power conference commissioners, “and they want that discretion.”

Conventional wisdom versus outside-the-box spending

Take Wisconsin, as an example.

The Badgers’ women’s basketball team last made the NCAA Tournament 15 years ago. Its robust volleyball program nearly doubles the women’s basketball team’s average attendance. Why shouldn’t Wisconsin zig where others zag and apply a higher percentage of its revenue sharing dollars toward volleyball, and less toward women’s basketball?

I’m thinking that rationale should apply, too, to Nebraska and Penn State, where powerhouse volleyball programs outperform and outdraw women’s basketball.

These Big Ten schools I’ve referenced have not disclosed their distribution percentage plan. I’m just spit-balling some “Capology” spending ideas that could allow schools to further excel in sports where they typically thrive.

Here’s another test subject: Florida women’s basketball last made a Sweet 16 in 1998, and its attendance limps behind SEC peers. The Gators’ softball program is a Women’s College World Series regular. Might Florida be better off spending less than SEC peers on women’s hoops and more on softball, in an attempt to gain separation in a diamond sport that enjoys relevance within the SEC?

In contrast, South Carolina and LSU shouldn’t put women’s basketball on the back burner. There, the women’s basketball teams outperform and outdraw their men’s counterparts. So, should the men’s programs really receive so much more in revenue sharing than the women?

“I think we need to be a little more generous than 5%,” South Carolina coach Dawn Staley told The State newspaper earlier this year, referencing the 5% baseline within the SEC for women’s basketball. “That’s my feel on it.”

Who could blame Staley for believing her team shouldn’t be shortchanged? It’s up to her institution, though, to decide how to divvy up the money. A school could even try to outspend South Carolina women’s basketball to try to accelerate past the Gamecocks.

Many schools will follow conventional wisdom on how dollars should be spent, but the opportunity exists to break from the mold.

Texas Tech revealed it plans to share 17 to 18% with its men’s basketball team, which reached the Elite Eight last season, and 2% to its women’s basketball team, which last reached the NCAA Tournament in 2013.

Priorities, right?

Football will receive most revenue share, but how much?

Consider a school that usually struggles in football. Should it allocate a smaller revenue share percentage to football than its peers and apply more money toward other sports? Perhaps, that’s worth mulling at schools where basketball or Olympic sports shine. Here’s an alternate idea: If you’re lagging in football, spend an even higher percentage of your allotment on football than the baseline, to try to close the talent gap.

Indiana showed how quickly a football team can transform from irrelevant to playoff qualifier in an era in which players may transfer without penalty.

Is it worth the risk to spend big, though, to play catchup, knowing that strategy would reduce the revenue share money available for other sports? That’s a question athletic directors must ponder.

Schools aren’t required to publicly disclose their distribution percentage plan, either, meaning one school won’t necessarily know exactly how its distribution model compares to another school.

Football revenues provide the financial lifeblood of college sports, but nothing says a basketball blueblood couldn’t spend less of its revenue share allotment on football, as compared to the industry standard, and outpace its peers on basketball spending.  

“There will be some institutions that might give 60% to football and 20% to men’s basketball, or any variation one could think of,” Castiglione said, speaking in general terms and not in reference to a particular school. “That’s an institutional choice.”

Just another decision when playing “Capology.”

Blake Toppmeyer is the USA TODAY Network’s national college football columnist. Email him at BToppmeyer@gannett.com and follow him on X @btoppmeyer.





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Expert College Football Betting Locks for 2025 Playoff Semifinal Games

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At long last, only four teams remain. And if we’re being completely honest, it’s not the four teams we saw coming.

Either Ole Miss or Miami will play in the national championship, which is a welcome change of pace given how many college football regulars have competed for a title over the past decade.

On the other side of the bracket, Indiana and Oregon will play in a rematch absolutely no one will be angry about. The Hoosiers won the first matchup on the road, and they’re favored once again. But this is different in every way.

With the pleasantries out of the way, let’s get right to it. Enjoy every remaining college football game while you can.

Fiesta Bowl: Miami (-3.5) vs. Ole Miss

COLLEGE FOOTBALL: DEC 31 College Football Playoff Quarterfinal at the Goodyear Cotton Bowl Classic Miami vs Ohio State

Let’s begin with some praise for both programs, as they created brilliance and drama in a postseason round that needed plenty of both.

With the other games taking on the form of blowouts, Miami pulled one of the biggest upsets in CFP history, and Ole Miss, without its former head coach, did something awfully similar.

This isn’t the semifinal we saw coming, but it’s one we will gladly embrace. And we’re going to be embracing Miami to move forward.

Oh, we’ve doubted this team. We’ve also doubted the head coach. In fairness, Miami has given us reason to doubt over the past few seasons, losing games against teams it shouldn’t lose games against.

None of that matters at this exact moment. The Hurricanes have gone on the road to beat Texas A&M and overwhelmed mighty Ohio State, coming together at the right time.

“Overwhelmed” is indeed the word to use, especially when you see just how well Miami has played in the trenches. The Hurricanes averaged more than four yards per carry against the Buckeyes, one of the nation’s elite run defenses. But the defensive line, which has been the dominant force in both playoff games to date, is where this pick takes form.

Oh, it will have its work cut out for it against Ole Miss. Quarterback Trinidad Chambliss was absolutely sensational against Georgia, and he’ll be slippery once again. Even with his wideouts and targets dropping balls, Chambliss found a way.

Still, this feels like a different challenge. The Miami defense isn’t just good up front. The Hurricanes are also sensational on the back end. And the ability to run the ball behind a dominant offensive line creates a unique challenge for Ole Miss.

Speaking of challenges, the Ole Miss staff is likely to undergo more changes, with assistants poised to leave for LSU to work under Lane Kiffin. That’s a significant disruption given how little time these teams have to prepare.

Look for Miami to dominate time of possession, kill clock and torment Chambliss just enough. With that in mind, we’re also leaning toward the under, leaning on a Miami defense that should once again be the star of the show.

Peach Bowl: Oregon (+4) vs. Indiana

College Football Playoff Quarterfinal - Capital One Orange Bowl: Oregon v Texas Tech

Don’t assume the second coming of this delightful matchup will go like the first game did, but let’s take inventory on what we saw months ago.

Indiana went to Eugene and won 30-20, though neither offense was particularly sharp. Both quarterbacks—Oregon’s Dante Moore and Indiana’s Fernando Mendoza, perhaps the first two QBs taken in next year’s draft—combined to throw three interceptions. Mendoza, the eventual Heisman winner, threw a pick-six.

The defenses ruled, and they likely will again. These two teams combined to allow just three points last round. Oregon shut out Texas Tech, forcing four turnovers in the process.

Indiana limited Alabama to 193 yards and three points, dominating the Crimson Tide in a way we haven’t seen in many, many years. The Hoosiers limited Alabama to 23 yards rushing on 17 carries, and the defense sacked Ty Simpson three times.

Now, this total sits in the mid-40s, which feels about right. This game features a wealth of offensive firepower, although both defenses have the ability to be elite.

As for location, this one seems somewhat relevant.

While the Peach Bowl will be a neutral site, don’t be surprised if the crowd is more Indiana-heavy. It’s not an easy trip from Eugene. It’s even harder for those considering making a trip to the national championship in Miami a week later, if they get that far.

Despite the first outcome and the long travel, this feels like a field-goal game. Even the first matchup, which was ultimately decided by 10 points, was tight throughout.

Indiana has been absolutely sensational, and there is no reason to believe that will stop here. Oregon, however, just played one of the best defenses in the country, found success and still left a lot of points out there. That experience should help plenty.

Since the line was posted, it has moved slightly in Indiana’s favor. Given how sensational this team played against Alabama, this should come as no surprise.

Still, it feels a tad high. Oregon is more than capable of pulling off the upset, and the Ducks should find success on both sides of the field.

Close game. Fabulous game. Enjoy this one regardless of what side you land on.



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How much LSU football offered transfer portal QB Brendan Sorsby

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Jan. 7, 2026, 11:51 a.m. CT



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Two Crazy Ideas to ‘Fix’ College Football

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Does college football need fixing? That could be argued.

It’s inarguable that there are broken aspects to the sport (see the calendar), but at the same time, the sport is gobbling up as much money as it ever has.

As I reflect on the last year, I’ve come up with two whacky ways I think college football could improve on some of its issues. I stayed away from the calendar and the portal because everyone at this point knows something has to give there.

1. NIL-Incentive-Based Preseason Bowl Games

I’m typing this out with a quad box on my TV that features three bowl games (this was written on Dec. 31), so just know if the bowl system doesn’t innovate, I’ll still be here for it.

With that said, there is no denying that the bowl season has been losing its luster over the past decade or so. So, let’s try to find a way to spruce things up. My suggestion (which I don’t think is necessarily original): move them to the next preseason.

That may sound all sorts of backward, but is it more backward than a team having to turn down a bowl because they don’t have enough players to field a team? Is it more backward than a handful of teams going into bowl season with cobbled together coaching staffs because their coach left for another job?

Here’s my idea: Based off conference finishes, teams will be slotted into bowl games to start the next season. Using the Texas Bowl as an example, say it hosts the third-place finisher in the Big 12 and the fifth-place finisher in the SEC (would’ve provided a Utah vs. Texas matchup based on this season’s results). Then, the Texas Bowl’s sponsor would have to pony up some money (how much, I have no idea) for some NIL during next season’s games.

You could argue that the roster that makes the bowl should get the NIL, which I won’t put up much of a fight arguing about, but it going to the next season’s roster would benefit the program going into the offseason. Coaches would be able to recruit the portal with, “Oh, and we’re in the X Bowl, which pays out X.” Maybe it would also be enough to keep some of the players undecided about hopping in the portal to stay in a spot.

It’s a reward to the program for having a good season that they now have the extra recruiting tool and a reward for players in that they get paid. AND it provides The College Football Playoff committee more potentially relevant interconference data points come the end of the year. It’s a win-win-win, as far as I’m concerned.

Things that would need to be figured out:

For one, a lot of teams already have nonconference games scheduled way in advance, so you’d have to deconstruct some of those deals.

Secondly, teams ineligible for a bowl would have a relatively quick turnaround to get a game scheduled. But basically every other college sport puts schedules together much quicker than football, so I think you’d be able to work around that.

2. Region-Based Promotion, Relegation

From a fun idea that could somewhat realistically be implemented smoothly to something that is bat-poop crazy that the powers that be would never agree to.

This prompt is sort of two in one, as it would take conferences realigning (again) plus the implementation of a European soccer-esque promotion-relegation system.

Starting with the conferences, nothing makes sense anymore. USC is in the same conference as Rutgers, despite the two schools having about a 40-hour drive between them. Cal and Miami share a conference despite having about a 45-hour drive between them.

I say the conferences should come together (already not going to happen) and divide schools up based on geography. Not just the Power Five, either. The American Conference hosts UTSA (San Antonio, Texas) and Army  (West Point, New York). Conference USA has New Mexico State and Delaware. Those leagues don’t have the TV revenue to afford such travel expenses as easily.

So, the Power Five returns (welcome back, Pac-12!), and each of those league’s get paired with a Group of Five conference. The winner of the Group of Five conference and the last-place team in the Power Conference would switch leagues (or potentially play a winner-take-all postseason game?). Base media rights payouts would be uniform across the P5 leagues (again, never going to happen) and in the G5.

Let’s say it’s Pac-12/Mountain West, Big 12/American, Big Ten/MAC, SEC/Sun Belt and ACC/Conference USA.

I still think the college football regular season means a lot, but this would only add to that for literally every team. There’s even intrigue for teams having bad seasons. A late November game between two teams that are 2-9 might be must-see TV.

Aside from helping with travel costs for schools and fans, the regionality of things would also bring back some rivalries and create others.

Take the state of Texas, for example. There are six Group of Five programs in the Lone Star State, and those six schools are in three difference conferences. Rice (Houston, Texas) shares a conference with Temple (Philadelphia, Pennsylvania) but not with Sam Houston (Huntsville, Texas). I imagine a lot of players on those G5 Texas teams know one another and would probably very much like to prove that their college team is better than someone they grew up playing in high school. Same for regular students. Say Joe and Bob grew up as friends in Dallas. One went down to Texas State for college and the other went to North Texas. That game has a new level of care to it for bragging rights over your buddy.

Things that would need to be figured out:

Money means this idea is dead on arrival. Schools in the Big Ten or SEC right now would have no interest in sharing their portion of the pie, even if it was for the betterment of the sport. Could you imagine one of those Big Ten teams who woke up on third base despite basically never being relevant in football agreeing to a system that could have them relegated to the MAC? No way. College Football Playoff payouts to the league would have to be big with the regionality of things. The more teams that league gets in, the more money that league gets to divvy among its schools.

Promotion-relegation also isn’t as smooth an idea in college sports as it is professional sports because of A, the transfer portal, and B, eligibility. If a Group of Five team was good enough to win its league, the difference in P5 media rights money and G5 media rights money would need to be enough for the G5 team to retain at least portions of its roster rather than the whole thing getting blown up, forcing an underfunded team into a stronger league while having to replace a large chunk of the roster. But even if that money is enough for rising G5 schools to retain their rosters, what if that G5 school was filled with seniors?

Then would anyone belong to any conference anymore? Or is it sort of like the NFL but rather than AFC and NFC its Big 12, SEC, etc.?

It’s messy, there is no doubt, but if somehow the whole system was reset, I think this system would be a ton of fun.



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Indiana football gets big Mark Cuban NIL donation as transfer portal heats up

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Indiana’s ascendence to the top of the college football world is nothing short of stunning, as Curt Cignetti arrived in Bloomington and immediately turned into a contender. Cignetti’s displays a powerful ability to get buy-in from all levels of the program, from players to the administration to boosters, tapping into Indiana’s alumni base to get the Hoosiers closer to the nation’s top programs in spending. 

Among the alumni that Cignetti convinced to invest in the program is billionaire Mark Cuban. The investor and now-minority owner in the Dallas Mavericks has plenty of cash on hand after selling the majority stake in the Mavs, and after never giving to his alma mater’s athletics department previously, Cuban made back-to-back major donations to help the Hoosiers compete in the portal. 

Cuban confirmed he sent in another donation prior to the opening of the transfer portal on Jan. 2, telling Front Office Sports he “already committed for this portal.” While he wouldn’t confirm how much he gave, he did hint that it was a bigger gift than last year — “Let’s just say they are happier this year than last year.” 

That investment from Cuban and others has already paid major dividends for the Indiana program. After a playoff berth in 2024, the Hoosiers improved even further in 2025, landing the No. 1 overall seed in the College Football Playoff after an undefeated season and winning the Big Ten championship. They’re now the favorites to win it all and will look to punch their ticket to their first national title game in a rematch with No. 5 Oregon on Friday night in the Peach Bowl. 

The transfer portal played a huge role in Indiana’s success, as Cignetti brought much of his James Madison team with him in addition to a number of key players via the portal — most notably Heisman Trophy winning quarterback Fernando Mendoza. 

While the on-field focus remains the Ducks, the Hoosiers are aggressive once again in the portal for 2026. Indiana’s put together another big portal haul, ranking fourth in 247Sports’ transfer portal class rankings, putting Cuban’s money to good use by landing nine commits. The headliners so far are TCU quarterback Josh Hoover and Michigan State wide receiver Nick Marsh, as they look to reload at key positions on offense to stay on top of the Big Ten. 





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Florida Coach Jon Sumrall Can’t Hand Out Shoes, But Can Pay Players ‘Whatever’

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The NIL era continues to be wild.

Since the NIL era began in college athletics back in 2021, the landscape of college sports has often been described as ‘The Wild, Wild West.’ As we enter 2026, that phrase doesn’t do the current situation any form of justice. There were at least some laws in the Wild, Wild West.

While there are rules – it would be more accurate to just call them guidelines – when it comes to what you can and can not do regarding NIL, they very much feel optional at this point in the proceedings. 

Newly appointed Florida head coach Jon Sumrall recently joined Jonathan Hutton and Chad Withrow on OutKick’s Hot Mic and gave a very real example of just how little sense said NIL guidelines make.

With Florida being sponsored by the Jordan brand, one would imagine that Sumrall could hand out as many pairs of shoes as humanly possible to players after their careers wrap up in Gainesville. But no, that isn’t the case at all.

“We give out Jordan Brand shoes here, because we’re a Jumpman school,” Sumrall noted. “So, that’s like a cool, hip thing. And I’ve got all those Jordans on my desk here, but we can’t give them to the players after their careers are over because the monetary value is too great. It’s called an extra-benefit.”

“I’m like, the shoes are worth a couple-hundred bucks, I don’t know maybe a couple thousand bucks, I don’t know how much they’re worth. But, we’re already paying these dudes. Why can’t we give them these shoes?”

That’s a valid question, coach.

Many players are being paid six to seven figures per season to play, and are paid that sum regardless of performance, but handing out a pair or two of shoes that your team is already sponsored by is a no-no.

Good luck trying to make that make any sense.

The funniest piece in all of this is that someone at Florida likely had to tell Sumrall shortly after he was hired that he wasn’t allowed to hand out shoes. The look on his face when he was told that had to have been priceless.





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Demond Williams Jr. Entering Portal Could Start NIL Legal Battle With Washington

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A fresh NIL deal signed last week is now at the center of a potential legal battle as Washington challenges the quarterback’s attempt to leave football program.

Demond Williams Jr. signed a new NIL contract with Washington just days ago to return for the 2026 season as the Huskies starting quarterback. On Tuesday night, the football program was shocked to see on social media that Williams had announced his intentions to enter the transfer portal. 

In a post on Instagram, Williams said that entering the portal was “best for me and my future” where he proclaimed that he was now planning on leaving Seattle. 

But there’s one big problem for the quarterback, and it all centers around the revenue-sharing contract he signed with the school. 

Trinidad Chambliss’ Ole Miss Future Hinges On NCAA Waiver — New NIL Deal Raises Stakes With Potential Lawsuit

His announcement came as a shock to those within the Washington football building, according to multiple sources. When you consider the fact he just signed a new deal, it’s not hard to imagine the reactions within the program. 

Sources also told OutKick that the school has no reason to let Williams out of his agreement, which could end up carrying a heavy financial burden if taken to court. Right now, Washington is exploring its options when it comes to legal remedies around the situation. 

The crux could come down to whether Washington will now have the rights to his NIL, meaning he would not technically be able to sign the same type of agreement with a different school. This could also mean the Huskies would own Demond’s rights pertaining to NIL, which could lead to Williams paying the school a substantial amount of money to play somewhere else next season. 

After passing for over 3,000 yards and 25 touchdowns last season, the Huskies negotiated a new deal for Williams, which he had signed within the past week. 

Now, we could have a major battle playing out while the transfer portal continues to produce interesting storylines, along with seven-figure deals. 

In the case of Washington, the school uses a template that is provided by the Big Ten in signing Demond Williams. If you remember, this is the same type of agreement that Wisconsin used two years ago when signing Xavier Lucas. 

Wisconsin Accuses Miami Of Tampering With Xavier Lucas, Has Full Support Of Big Ten

The Wisconsin transfer ended up leaving Madison, and then enrolling at Miami as a non-student athlete in hopes of skirting the contract. 

The school said that Xavier Lucas entered into a ‘binding two-year NIL agreement’ with Lucas, along with a deal also executed between the DB and the Badgers collective. 

Washington Prepared To Legally Fight To Uphold Contract

For Demond, the school could come after him for liquidated damages in this case. According to multiple sources, Washington is prepared to fight this through legal remedies, while also looking into other schools for potential tampering. 

One prominent NIL attorney spoke with OutKick on Tuesday night, and had this to say about where we are now in terms of contracts with schools, compared to past years. 

“This isn’t like it was when you were dealing with collectives and funneling money. You are now dealing with legitimate contracts and legitimate attorneys or general counsel from major universities. The stakes are larger, which means the liability is greater. 

“If you don’t have real attorneys from the players’ side reviewing your contract, you’re opening yourself to potential litigation.” 

Jon Sumrall Has A ‘Common Sense’ Way To Fix College Football, Hopes To Replicate Ole Miss’ NIL Strategy

Also, officials at Washington are gathering evidence that another school made contact with Williams after he had signed his new deal with the Huskies. 

Even though this does play out behind the scenes every so often, this has been a hot-button topic around athletic departments on Tuesday night. There have been plenty of threats made by athletes, through their representatives, in these cases before pertaining to negotiations. 

But, having an athlete sign a deal, and then potentially be shopped around in this era might not end up turning out how Demond Williams might’ve hoped. 





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