Thursday, August 13, 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

Mar 26, 2026; Los Angeles, California, USA; Los Angeles Dodgers owner and chairman Mark Walter walks on the field after the game against the Arizona Diamondbacks at Dodger Stadium.

‘Totally Nuts’: Mark Walter’s Lightning-Fast Lakers Flip

“It is the fastest flip I know of,” a sports economist tells FOS.
Mar 15, 2024; Las Vegas, NV, USA; FS1 announcer Jason Benetti during the game between the Colorado Buffaloes and the Washington State Cougars at T-Mobile Arena. Mandatory Credit: Kirby Lee-USA TODAY Sports
Exclusive

Jason Benetti Will Call NBA Games for NBC This Season

Benetti will supplement NBC’s roster, not replace any of its NBA voices.
Varsity Brands

Varsity Brands CEO on PE Ownership and the Business of Cheer

Varsity includes a cheerleading business and an athletic apparel division.
May 10, 2026; Philadelphia, Pennsylvania, USA; New York Knicks center Karl-Anthony Towns (32) controls the ball against Philadelphia 76ers center Joel Embiid (21) in the second quarter during game four of the second round of the 2026 NBA Playoffs at Xfinity Mobile Arena.

NBA Cup Schedule Sets Up Clashes With World Series, NFL, CFB

The league will be part of a packed late fall sports calendar.
podcast thumbnail mobile
Front Office Sports Today

Lakers’ Shocking $12.5B Sale, Cuban Drops Mavs Suit, Field of Dreams Tickets Soar

0:00

Featured Today

Trendy Golf Hat Divide Is More Than a Fashion Fight

As golf has gotten trendier, so has the sport’s style.
Joey Spallina of the Maryland Whipsnakes
August 6, 2026

How Eye Black Became ‘War Paint’ on the Field

“You’re going into battle, doing something you only do on game days.”
August 6, 2026

Tom Brady Explains His Aggressive Push Into Trading Cards

Brady talked to FOS about his eponymous card company.
FILE PHOTO: Cricket - Indian Premier League - IPL - Mumbai Indians v Chennai Super Kings - Wankhede Stadium, Mumbai, India - April 23, 2026 Mumbai Indians' Suryakumar Yadav in action
August 5, 2026

India Is Stealing Cricket’s Throne From England and Australia

India’s insatiable appetite for cricket has shifted the traditional locus of power.
WPBL
July 30, 2026

Who’s Playing Women’s Professional Baseball?

Sixty players from 11 countries are descending on Illinois for six weeks.
North Carolina Tar Heels guard Seth Trimble (7) drives to the basket Thursday, March 19, 2026, during the NCAA Men’s Basketball Tournament first round game against the VCU Rams at Bon Secours Wellness Arena in Greenville, South Carolina.

Athletes Capitalizing As NCAA Fights to Overturn New Eligibility Ruling

An appeals court will consider whether to pause the initial ruling.
Inside NCAA Headquarters located in Indianapolis on Friday, March 10, 2023. Ncaa President Charlie Baker
August 11, 2026

NCAA Loses First Appeal of Class of 2022 Eligibility Injunction

The NCAA lost its first battle to get the ruling overturned.
Mar 21, 2026; Orlando, Florida, USA; Orlando Magic guard Desmond Bane (3) reacts after a play against the Los Angeles Lakers in the fourth quarter at Kia Center. Mandatory Credit: Nathan Ray Seebeck-Imagn Images
August 11, 2026

Desmond Bane Wants College Basketball to Add a Salary Cap

Bane is TCU’s chief basketball officer.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses his Champions Fund launch and finding success after football.
U.S. Senator Ted Cruz (R-TX) talks to reporters at the U.S. Capitol in Washington, D.C., U.S., August 6, 2026.
August 7, 2026

College Sports Bill Faces Steep Hurdles Before August Recess

The Congressional Black Caucus said it would not support the bill.
Dec 16, 2025; Lubbock, Texas, USA; Northern Colorado Bears forarwd Brock Wisne (14) dribbles the ball against Texas Tech Red Raiders forward JT Toppin (15) in the second half at United Supermarkets Arena
August 7, 2026

How NCAA-Athlete Eligibility Limbo Has Sown ‘Actual Chaos’

Coaches, GMs, and lawyers are still trying to sift through the upheaval.
Akron Zips football student-fans cheer before the game against Wyoming, Aug. 28, 2025, at InfoCision Stadium in Akron, Ohio.
August 5, 2026

Viral Akron Football Promo Attracts Celebrity Season-Ticket Buyers

Zips tickets are selling fast after a chance to play offensive coordinator.
U.S. Senator Eric Schmitt (R-MO) questions FBI Director Kash Patel as he testifies before a Senate Judiciary Committee hearing on oversight of the Federal Bureau of Investigation, on Capitol Hill in Washington, D.C., U.S., September 16, 2025.
August 5, 2026

New College Sports Bill Wouldn’t Form New Enforcement Body

The College Sports Commission would be tasked with enforcing the rules.