K-State Wildcats Basketball: Nijel Pack transfer, NIL money

When previous Kansas Point out guard Nijel Pack revealed his transfer destination on Saturday, the announcement felt additional like a NBA transaction than a faculty basketball participant switching groups.

Pack’s final decision came with much far more than a uncomplicated graphic on social media.

It also arrived with a major payday for the 6-foot guard who averaged 17.4 factors for every video game and earned initial-group All-Big 12 honors whilst playing for the Wildcats as a sophomore.

Shortly soon after Pack announced that he prepared to finish his college or university basketball vocation with the Miami Hurricanes, a South Florida attorney named John H. Ruiz uncovered that Pack has signed a new NIL deal really worth $800,000 with a organization termed LifeWallet.

LifeWallet is a Miami company that features to help its buyers “take regulate of your well being through modern technologies.” Pack will make $400,000 for every yr less than the deal and also obtain a new automobile even though he plays for the Hurricanes.

Welcome to the new school sports landscape wherever players are permitted to gain off their title, impression and likeness.

Pack had some modest NIL discounts though he was a member of the Wildcats. Past year, he promoted Manhattan organizations these types of as a area restaurant and a local auto dealership.

One particular of his last posts on social media as a K-State basketball participant was a image that was an ad for the car dealership.

But he will enter a a lot higher tax bracket now that he is enjoying for Miami.

Pack announced his intentions to transfer absent from K-State shortly right after the Wildcats parted approaches with previous mentor Bruce Weber and hired Jerome Tang Weber’s alternative.

Pacl was assumed to be a person of the greatest names on the transfer current market immediately after eclipsing 30 factors in three distinct game titles last year and primary the Wildcats in scoring when shooting 43.6% from 3-stage variety.

Pack initially explained he would take into account a return to K-State, but that appeared like a very long shot immediately after he reportedly received fascination from traditional powers this kind of as Duke, Gonzaga, Illinois, Ohio Point out and Purdue.

Miami wouldn’t normally stand considerably of a likelihood in a recruiting battle from those people faculties, even while the Hurricanes are coming off an physical appearance in the Elite Eight. But moments are shifting. Miami landed Pack many thanks to a significant support from LifeWallet, which was keen to pay back him virtually $1 million in endorsement money.

Pack will finish his university basketball career getting paid out superior than some professional gamers.

This story was initially published April 23, 2022 6:29 PM.