Thursday, July 2, 2026

‘No Panic In This Stock Market’: St. John’s Competes for Landmark Big East Title

The Red Storm are one win away from their first title in 25 years with a roster built through NIL and the transfer portal.

Mar 14, 2025; New York, NY, USA; St. John's Red Storm forward Zuby Ejiofor (24) celebrates with forward Sadiku Ibine Ayo (2) during the second half against the Marquette Golden Eagles at Madison Square Garden
Brad Penner/Imagn Images

After fighting off Marquette in the Big East semifinal, St. John’s is one win away from its first Big East Tournament championship in 25 years. 

On Saturday night, the Johnnies will play Creighton for the title at Madison Square Garden—the next milestone in a renaissance that the team hopes will continue deep into March. The title game appearance is historic in itself; St. John’s hasn’t so much as made an appearance in a Big East championship game since 2000. 

After the semifinal Friday night, St. John’s coach Rick Pitino told reporters: “There’s no panic in this stock market.”

Pitino was referring to the battle on the hardwood, when the Red Storm fought their way through an early deficit that, at one point, ballooned to 15 points. But he could just as easily have been referencing the NIL (name, image, and likeness) investments donors made this offseason, which helped build a conference championship-caliber roster—and whose value only appears to be rising.

Using NIL donations from multiple collectives, St. John’s built the fourth-ranked transfer class in the nation this past summer. Billionaire alum and Vitaminwater founder Mike Repole, who helped recruit Pitino in 2023, promised to ensure the team would have plenty of NIL money to work with. 

“I let [administrators] know that, listen, you guys would have my cooperation to do whatever it takes to help the university get back in the national spotlight,” Repole told Front Office Sports last week. He’s since become one of the team’s biggest benefactors.

In all, the current roster has earned around $4 million, according to some reports. FOS couldn’t independently confirm the number, but an expert source has said that power conference schools spend around $3 million to $4 million to remain competitive. It’s an impressive number considering that Big East programs, without football dollars, are often considered to have many fewer resources.

Repole, for his part, could be seen enjoying the semifinal win Friday night from his usual seat behind the St. John’s bench—an unobstructed view to his investment paying off. 

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Aug 23, 2025; Phoenix, Arizona, USA; A general view of the MLB logo before the start of a game between the Cincinnati Reds and Arizona Diamondbacks at Chase Field.

New MLBPA Proposal Focuses on Roster Management

The latest labor proposal centered on MLB’s roster management rules.

Pair of Merging D-II Schools Sue Conference That Kicked One Out

Ursuline College’s athletic recruiting and scheduling are being drastically impacted. 
Soccer Football - FIFA World Cup 2026 - Round of 32 - Mexico v Ecuador - Estadio Azteca, Mexico City, Mexico - June 30, 2026 Mexico fan poses for a picture outside the stadium before the match

Why Beating Mexico at the Azteca Is So Hard

England will have to battle not only Mexico, but also altitude challenges.
ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
podcast thumbnail mobile
Front Office Sports Today

7/2/26 – Celtics Trade Jaylen Brown, World Cup Ratings Smash Records, Serena Knee Scare, Bobby Bonilla Day

0:00

Featured Today

Kansas City Chiefs

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.
June 26, 2026

What We Saw Traveling the U.S. for the World Cup Group Stage

The knockout stage begins Sunday.
June 26, 2026

In an Era of $1,000 Tickets, $10 Watch Parties Bring Fans Together

Stadium watch parties now rival home-game experiences.
June 25, 2026

Italian Americans Have Severe World Cup FOMO

Bars and restaurants in Boston, Philly, and beyond are missing the Azzurri.
Indiana Fever guard Lexie Hull (10) celebrates a three-point basket Monday, June 22, 2026, during the game at Gainbridge Fieldhouse in Indianapolis. The Indiana Fever defeated the Phoenix Mercury, 86-77
June 24, 2026

Female Athletes Are Trying to Build the ‘Athleisure of Beauty’

“Performance cosmetics” have emerged alongside the women’s sports boom.

College Sports Roster Spending Soars Beyond $20.5M Rev-Share Cap

The $20.5 million rev-share cap was a new floor for roster costs.
Nov 22, 2025; University Park, Pennsylvania, USA; Penn State Nittany Lions running back Kaytron Allen (13) runs the ball into the end zone for a touchdown during the fourth quarter against the Nebraska Cornhuskers at Beaver Stadium.
June 25, 2026

Court Hands NCAA, Conferences Win in Fight Over NIL Enforcement

Schools are still going above the revenue-sharing cap.
June 26, 2026

West Virginia AD: McAfee’s Value to School ‘Maybe Eight Figures’

The sports media star played at West Virginia nearly two decades ago.
Sponsored

Josh Childress: Why Now Is the Time for NBA Expansion

Josh Childress on why he invested in the Portland Thorns, the case for NBA expansion, and donating to Stanford NIL.
June 25, 2026

The Clippers Have Innovated the NCAA Draft-and-Stash

No. 57 pick Narcisse Ngoy will still play for Auburn this season.
Mar 16, 2026; Dayton, OH, USA; Detailed view of the “NCAA” logo during the Howard Bison a practice session ahead of the first four of the men's 2026 NCAA Tournament at University of Dayton Arena.
June 24, 2026

Players Sue NCAA Over New Five-Year Eligibility Model

The players are suing after being excluded from the new policy.
June 23, 2026

NCAA Approves New ‘Age-Based’ Eligibility Rule

Two attorneys are preparing lawsuits on behalf of at least 50 players.
Mar 21, 2026; Storrs, CT, USA; Iowa State Cyclones guard Jada Williams (8) returns then ball against the Syracuse Orange in the first half at Harry A. Gampel Pavilion.
June 23, 2026

Women’s Basketball Players Blast College Sports Bill

“Where we disagree is—Congress shouldn’t be deciding who makes those rules.”