Let the Madness … begin. The 2025 NCAA Basketball Tournament tips off in a grand rush on Thursday, with the 16-seeded teams set after the First Four matchups narrowed down the possible 68 to 64.

Determining that the men’s basketball team needs another $1 million came from an analysis of NIL/Revenue Share data for the programs that competed in the 2025 NCAA Sweet 16, Saal explained.

But now, exempt offerings with general solicitation will be much easier using the verification steps in the Latham letter. That provides a meaningful fix in a number of common situations. 9.