Where will Iowa basketball spending rank in transfer portal?
Iowa is going to be playing in the transfer portal this offseason. Just how much are the Hawkeyes willing to spend?
You have to pay to play. That's the way the new world of college sports works, especially football and men's basketball, the two moneymakers for programs across the country. The financial aspect of competing is looming larger than ever now, and to win in those sports, it requires serious financial backing.
It costs now to recruit top talent from high school and even more to lure in top talent from the transfer portal, which can infuse instant upgrades to a roster. The Iowa Hawkeyes had a portal-heavy roster this year during their magical Elite 8 run during March Madness and will once again be shopping for more high-end talent. Iowa won't just be among the big spenders in the Big Ten, but On3's Pete Nakos believes Iowa is going to be among those big spenders in the sport of college basketball, potentially nearing double-figures in the millions.
The Next Tier: $8 to $10 million Louisville , Texas A&M , Iowa , St. Louis, Providence and BYU make up the next tier of top spenders, all expected to spend over $8 million and can touch $10 million if they want. Other top spenders of note will likely be Virginia and Washington, among others.
Alabama was in the $8 to $10 million range this season, and the Crimson Tide are expected to have similar funding available. They will be able to crack into the next tier if they need to, sources said. - Pete Nakos, On3 Iowa's first priority via the transfer portal is replacing the crater-sized hole in the starting lineup left by point guard Bennett Stirtz, who carried this team at times this year and was the engine that made this team go.