College Basketball Crown's unique trophy unveiled as tournament nears tip-off

The College Basketball Crown trophy has been revealed, and the tournament starts on Monday. Craig Carton, Danny Parkins, Greg Jennings and John Fanta discuss the tournament and ask who might win it all.

The College Basketball Crown unveiled a unique trophy that will be handed to the winners of the 16-team men’s postseason tournament in Las Vegas next month.

The trophy is an actual crown and the first wearable piece of hardware of its kind in postseason college basketball. The gold crown was unveiled on FOX Sports’ "Breakfast Ball" on Friday morning with the tournament getting ready to tip off on Monday.

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Sixteen teams will compete for the College Basketball Crown on FOX Sports and FS1. (FOX Sports)

The crown’s unveiling came in the midst of a week of huge news surrounding the tournament.

The tournament will include a name, image and likeness (NIL) prize pool that will award the winning school with a $300,000 NIL package. The second-place school will earn a $100,000 package, and the two semifinalists will earn $50,000 through the Vivid Seats Ambassador Program.

"We're trying to raise the experience for student-athletes," FOX Sports executive vice president Jordan Bazant said on Tuesday. "College football has evolved in so many ways. There's no big-game bowl experience for basketball programs. We have 12 NBA teams coming to this event, if not more. If you're in the NCAA Tournament or the NIT, you can't send someone to every game. At our event, you can, and we'll have NBA people at every single game. It's exposure that they wouldn't otherwise have.

"For our programs, this is their first game and first week