Tuesday, June 16, 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

Sorsby Leaves Texas Tech, Declares for NFL Supplemental Draft

The news comes hours after the Big 12 sued Texas Tech.

Dallas Stars ‘Getting Married’ to Plano With $3B Arena Move

The NHL team sees its forthcoming home city as a regional hub.

America’s World Cup Opening Weekend Was (Mostly) a Success

Attendance is high even though tickets were pricey.

Can the Knicks Get Another Enormous Star Discount?

Karl-Anthony Towns is up next for an extension.

Featured Today

Wisconsin Badgers forward Laila Edwards, left, and defender Caroline Harvey celebrate after Edwards scored against the Minnesota Gophers in the first period in a game Saturday, February 8, 2025, at LaBahn Arena in Madison, Wisconsin.

Two Rookies Are Rewriting Women’s Hockey Stardom

Their platforms are a mutual boon for the PWHL and its players.
Ai sports slop
June 5, 2026

How Sports Became Ground Zero for AI Slop

The category is the perfect breeding ground for AI content churn.
FILE PHOTO: Soccer Football - FIFA World Cup - UEFA Qualifiers - Group A - Germany v Luxembourg - Rhein-Neckar-Arena, Sinsheim, Germany - October 10, 2025 Germany coach Julian Nagelsmann
June 4, 2026

‘Weird Corners of the World’: How to Find a World Cup Coach

National associations look for a winning record—and also hope for serendipity.
June 3, 2026

The Elite High Schools Hosting World Cup Teams

Spain, Morocco, Croatia, and Switzerland chose schools as their tournament base camps.
Texas Tech's Brendan Sorsby goes through warmups before the spring football game, Friday, April 17, 2026, at Jones AT&T Stadium.

Big 12 Sues Texas Tech, Texas AG Over Potential Sorsby Sanctions

The lawsuit comes one week after Sorsby was granted an injunction.
Dec 31, 2025; Las Vegas, NV, USA; Utah Utes quarterback Devon Dampier (4) and tight end JJ Buchanan (81) celebrate after a touchdown against the Nebraska Cornhuskers in the first half during the SRS Distribution Las Vegas Bowl at Allegiant Stadium. Mandatory Credit: Kirby Lee-Imagn Images
June 12, 2026

University of Utah Finalizes Private-Equity Deal

Utah is the first athletic department to sign a private-equity deal.
Texas Tech's Brendan Sorsby runs with the ball during the spring football game, Friday, April 17, 2026, at Jones AT&T Stadium.
June 12, 2026

Big 12 Mulls Brendan Sorsby Options as Legal Threats Loom

Both Sorsby’s legal team and Texas’s AG sent letters to the conference.
Sponsored

How Long Acre Tavern Is Built to Handle Soccer’s Biggest Moments

Learn how Spectrum Business helps keep Long Acre Tavern in Times Square connected and ready to serve soccer fans from around the world.
Jun 5, 2026; Morgantown, WV, USA; West Virginia Mountaineers fans sing “Country Roads” after defeating the Cal Poly Mustangs at Kendrick Family Ballpark. Mandatory Credit: Ben Queen-Imagn Images
June 12, 2026

How Troy and West Virginia Baseball Met Unprecedented Demand

Troy and West Virginia open Men’s College World Series play on Friday.
Apr 18, 2026; Athens, GA, USA; Georgia Bulldogs running back Dwight Phillips Jr reacts after scoring a touchdown during the Georgia Spring football game at Sanford Stadium.
June 11, 2026

One Year After House Settlement, NIL Enforcement Is Still Muddled

Problems include long wait-times, rules disputes, and a new lawsuit.
June 10, 2026

Texas Tech Boycott Could Cost Non-Conference Opponents Millions

Oregon State would have to pay Texas Tech $1 million to cancel its matchup.
June 10, 2026

Sorsby Ruling Could Become Flashpoint for College Sports Bill

It’s unclear if the bill would prevent Sorsby from suing for eligibility.