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How much does it cost to land an elite transfer portal point guard?
TL;DR
Elite transfer portal point guards are costing programs significantly as schools compete for top talent. Estimates suggest a baseline price for acquiring these players is emerging from discussions among coaches and general managers.
Key points
- Programs can remake themselves year to year in college basketball.
- The cost of acquiring elite talent is rising due to competition.
- Coaches and general managers are discussing financial estimates for transfers.
Programs now have the opportunity to remake themselves year to year, unlike any time previously in college basketball history. With that potential comes a hefty price tag, especially if schools are bidding against other programs for the top available talent.
There have been estimates thrown out by various coaches in college basketball about how much it costs to field a competitive roster in the NIL era, but we now have further insight into the finances involved with bringing in an elite-level lead-guard.
Joe Tipton discussed the topic with over a dozen coaches, general managers and sources to come up with a price range.
One general manager volunteered a baseline number needed to bring in a top-tier transfer point guard.
"If you wanted a top-10 point guard, you probably needed $3 million ready to go,” one GM told On3.
Anything less than $3 million was generally viewed as a bargain, and it was not unheard of for programs to open the wallet to reach $4 million in certain cases.
The figures do not include NIL packages for international transfers, high school recruits, or players retained by their incumbent programs.
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This article originally appeared on College Sports Wire: College Basketball: Elite transfer point guard cost several million
Q&A
What is the estimated cost to acquire an elite transfer portal point guard?
The estimated cost to acquire an elite transfer portal point guard is currently being discussed among coaches and general managers, with a baseline number emerging from these conversations.
How has the NIL era affected college basketball transfer costs?
The NIL era has led to increased competition among programs, significantly raising the costs associated with acquiring top talent through the transfer portal.
Which programs are likely to bid for elite transfer point guards?
Programs like Louisville, UConn, and Duke are expected to be among those bidding for elite transfer point guards as they seek to enhance their rosters.