Tuesday September 26, 2023
The Best Employers in Sports Survey is Now Open!

Miami Men’s Basketball Player Demands Bigger NIL Contract, Threatens to Transfer

  • Miami men’s basketball player Isaiah Wong is reportedly threatening to leave the team if he doesn’t get more NIL compensation.
  • There are little to no enforceable NIL regulations.
Jamie Sabau-USA TODAY Sports
Front Office Sports Today

Writer’s Strike End a Boon for Sports Networks, Agencies

We delve into the potential long-term impact of the five-month strike.
Listen Now
September 26, 2023 | Podcast
Copy Link
Link Copied
Link Copied

Just a few days before the transfer portal closes on May 1, there’s yet another example of how some players and agents appear to be using NIL as a form of pay-for-play.

Miami men’s basketball player Isaiah Wong, who was part of the Canes’ Elite Eight run this year, is reportedly threatening to leave the team if he doesn’t get more NIL compensation.

Wong declared for the NBA draft but maintained his eligibility. But “if Isaiah and his family don’t feel that the NIL number meets their expectations they will be entering the transfer portal tomorrow,” Wong’s NIL agent, Adam Papas, told ESPN. 

“He has seen what incoming Miami Hurricane basketball players are getting in NIL and would like his NIL to reflect that he was a team leader of an Elite Eight team,” Papas said. 

The response didn’t come from Miami’s athletic department, as the school told ESPN it doesn’t directly negotiate deals with athletes. In fact, doing so would be a violation of Florida’s NIL law.

Instead, it came from local billionaire John Ruiz, who said that he has an existing NIL contract with Wong — and that he doesn’t renegotiate. 

Through his companies Cigarette Racing and LifeWallet, Ruiz is involved in 111 NIL deals for Miami athletes, according to The Miami Herald. For example, he announced an NIL deal with incoming Miami men’s player Nijel Pack that included a car and a $800,000 paycheck.

Ruiz also met with former Fresno State basketball players Haley and Hanna Cavinder before they announced they would transfer to Miami, per The Miami Herald. The twins, however, told Front Office Sports at the time that NIL compensation was not a factor in their decision.

How did we get here? In June, the NCAA announced a toothless policy on NIL that included few specific rules other than that NIL deals shouldn’t be used as recruiting inducements or forms of pay-for-play.

Those rules are clearly being broken, but the governing body has little, if any, legal power to try to enforce them. It’s also unclear how state laws will be enforced.

Now, the longtime market that’s existed to pay players has simply found a new avenue in NIL.

Copy Link
Link Copied
Link Copied

What to Read


NHL’s Chris Foster on Amplifying Content Distribution With Automation

Learn how the NHL is using WSC Sports to increase fan engagement.

How Daktronics Helps Elite Athletic Programs Secure Top Talent

How colleges are utilizing Daktronics' displays to elevate recruiting.

WBD Pursues ‘Different’ Strategy For Sports on Max

Company to place all of its live sports on new streaming tier

Colorado's Epic Victory Sets New ESPN Prime Time Viewership Record

Coach Prime Deion Sanders delivered in prime time on ESPN.
podcast thumbnail mobile
Front Office Sports Today

Writer’s Strike End a Boon for Sports Networks, Agencies


Featured Today


Oakland-MLB Relationship Devolves Into Next-Level Toxicity

Commissioner, mayor have very different accounts of July meeting
Jacksonville Jaguars Team President Mark Lamping addressed community members at Strings Sports Brewery on Main Street for the first of 14 planned town hall sessions to present the team's plans for the new "stadium of the future" complex and address the public concerns.
September 25, 2023

Jacksonville Jaguars President Walks Back Stadium ‘Threat’

"Viewing those comments as a threat to leave Jacksonville isn't correct."
Chatri Sityodtong
September 25, 2023

ONE Championship's Quest To Challenge Rival UFC Through U.S. Expansion

Leveraging its Amazon deal, ONE Championship seeks to expand in U.S.
September 24, 2023

Savannah Bananas Break All The Rules To Hit The Mainstream

Team concludes 2023 tour with even-bigger plans for next year


Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Chicago Cubs
New York
Tri Star Sports and Entertainment Group, Inc.
USA - Multiple Locations

Eli Manning: Keep MetLife Field Turf

Eli Manning feels that MetLife Stadium should keep its artificial turf field.
Joe Burrow’s $275 million deal makes him the league’s highest-paid player, with an average annual salary of $55 million per year.
September 11, 2023

The 10 Highest-Paid NFL Quarterbacks

Burrow's $275M extension is second to Patrick Mahomes' Chiefs deal.
Travis Kelce
September 7, 2023

Travis Kelce Talks Positional Values, Players Sports Betting Ahead of NFL Season

Kelce says tight ends should be paid off of production metrics.
Ravens QB Lamar Jackson is by far the NFL's highest paid player for this season.
September 7, 2023

The 25 Highest-Paid NFL Players for 2023

Lamar Jackson will make almost double the second-highest paid player.
September 6, 2023

Mahomes Creating New Model For Athlete Investments

Two-time champion building extensive sports investment portfolio
Philadelphia Eagles linebacker Haason Reddick (7) against the Kansas City Chiefs during Super Bowl LVII at State Farm Stadium.
September 6, 2023

Reddick: Inside Linebacker Pay Going In ‘Right Direction’

Haason Reddick is glad that inside linebackers are hitting new salary heights.
August 31, 2023

Giannis Antetokounmpo’s Sports Empire Is Only Getting Bigger

NBA superstar's investment in TGL team expands business portfolio
Giannis Antetokounmpo and his brothers have invested in LAGC, the TGL golf team owned by the Williams sisters and Alexis Ohanian.
August 30, 2023

Giannis Antetokounmpo Invests in TGL’s Los Angeles Golf Club

LAGC is owned by Alexis Ohanian, Serena, and Venus Williams.