No, you aren’t reading that wrong.A college hoops team has decided to lean into this era of NIL and revenue-sharing by putting its squad up for sale, at least according to UNLV head coach Josh Pastner and the athletic department.In a world that is already filled with college boosters helping pay the steep salaries that come with transfer portal players or high school athletes, UNLV is just saying the quiet part out loud when it comes to purchasing an entire team.Another crisis for Bill Belichick: UNC places GM Michael Lombardi on administrative leave amid investigationFor years, there have been Las Vegas entrepreneurs hoping to bring a team to Las Vegas, in hopes of joining the other professional leagues that have found a home in 'Sin City'.But, Josh Pastner is hoping someone will bite on his proposition to ditch the NBA aspirations and put a fraction of that potential costs into college hoops.CLOCK IS TICKING AS SENATORS TED CRUZ, MARIA CANTWELL PUSH FOR SEC, BIG TEN BUY-IN ON COLLEGE SPORTS BILL"Buy the college basketball team.
It’s legal now.You can be the owner of the UNLV Runnin’ Rebels men’s basketball team, and it’s a lot less expensive," Josh Pastner told Taylor Rocha.
"You don’t have to spend over a billion dollars to own our team.I’m asking for $10 to $12 million to own our team, and you still get a great tax write-off.
You can be as involved, and you can tell people you are the owner of the team."Josh Pastner speaks as he is introduced as UNLV's new head basketball coach during a news conference at the Thomas & Mack Center on March 26, 2025, in Las Vegas, Nev.(Getty Images)No, he's not kidding, and I can't say I blame him for trying.In fact, UNLV basketball put together graphics on what you could buy with $10 million, compared to owning your own college program.Running out of time: SEC, Big Ten wait on 'Protect College Sports Act' revisions as August recess nears"The UNLV Runnin' Rebels are one of the most iconic brands in college ba...