Isiah Wong’s agent threatens NCAA transfer portal if Miami star doesn’t get better NIL deal

Miami guard Isaiah Wong has threatened to enter the transfer gate if he doesn’t receive a better NIL deal after his team’s Elite Eight berth in the 2022 NCAA tournament, his agent Adam Papas of NEXT Sports Agency says. at ESPN.

Papas said his client – who declared himself for the NBA draft earlier this week but who allegedly wants to return to playing collegiate – will enter the NCAA transfer portal on Friday if he does not get not a better NIL deal.

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“If Isaiah and his family do not believe the NIL number meets their expectations, they will enter the transfer portal tomorrow, while maintaining his NBA draft eligibility and going through the draft process,” Papas said. at ESPN.

“Isaiah would like to stay in Miami,” Papas added. “He had a great season leading his team to the Elite Eight. He saw what new Miami Hurricane basketball players get in NIL and would like his NIL to reflect that he was the team leader. of an Elite Eight team.”

Wong, a rising senior, is a two-time All-ACC player and was the Hurricanes’ second-leading scorer in the 2021-22 season, averaging 15.3 points per game. Wong was also the team’s second-leading scorer in the 2022 NCAA Tournament, averaging 16.3 points per game en route to an exit in the Elite Eight against eventual national champion Kansas. He also averaged 4.3 rebounds, 2.3 assists and 1.3 steals per game.

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Papas told ESPN that Wong’s unhappiness with his current NIL contract has to do with another contract – which he negotiated – for Kansas State transfer Nijel Pack, which includes $800,000 on two years and a car. The deal was negotiated with billionaire John Ruiz, who, according to the Miami Herald, has 111 signed or pending deals with Hurricanes athletes to promote his businesses, LifeWallet and Cigarette Racing.

“Understanding what John Ruiz is trying to do with the NIL space and the city of Miami, we think Isaiah Wong’s value should meet or exceed the value of an inbound transfer,” Papas told ESPN.

Pack was considered the No. 1 player on the transfer portal at the time he signed up to play for Miami.

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Ruiz confirmed to ESPN that he was aware of the situation with Wong but was not renegotiating the deals.

“Isaiah is under contract,” Ruiz told ESPN. “He was treated exceptionally well by LifeWallet. If that’s what he decides (to transfer), I wish him the best of luck, however, I’M NOT renegotiating! I can’t disclose the amount, but what can I say? , is that he was treated very fairly.”

Florida law does not currently allow universities to enter into NIL agreements; a Miami spokesperson declined to comment to ESPN regarding the situation. Papas also confirmed that he has not spoken directly with Miami officials, suggesting the situation is entirely out of the university’s hands.

The current situation is another facet of the transfer portal and the NIL era, which is largely unregulated by the NCAA as it undergoes significant structural reorganization. The deadline to access the portal and be immediately eligible to play next season is Sunday, May 1.

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