I'm Betting on Myself.' Why RJ Luis Gave Up Millions to Enter the NBA Draft
Briefly

RJ Luis Jr., a standout player from St. John's University, gained significant attention after entering the transfer portal, receiving lucrative offers between $3 million to $4 million from top programs. Historically, staying in college was risky financially for athletes, but with recent changes in NIL policies and a court settlement allowing schools to pay players directly, many athletes now find it beneficial to remain in college. Despite struggling in his final game and uncertain NBA prospects, Luis opted to stay in the draft, declining attractive transfer opportunities and surprising many insiders.
Luis, a 6-ft. 7-in. junior, was the top player in the transfer market, receiving starting offers in the $3 million to $4 million range for college opportunities.
The approved court settlement paves the way for schools to directly compensate athletes, effectively ending amateurism in college sports and making it more financially viable for athletes to stay.
Read at time.com
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