With the ability of college athletes to make money outside of scholarships, the gap between the UNLVs and Alabamas of the world is about to widen.
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UNLV said in a news release that it expected to save $1.2 million by taking such a step. The action was taken because of the economic impact of the COVID-19 crisis.
The university is negotiating for a new shoe and apparel contract to replace the one with Nike that expires May 31. Nike had an exclusive negotiating window that ended April 1.
The Blue Devils, featuring five players who are potential first-round NBA draft picks after this season, are 7-2 favorites to win the national championship in April.