If you want to own a College Basketball team, UNLV is up for sale in wild, but smart, $10 million proposition

Chief congressional correspondent Chad Pergram reports from Capitol Hill where a Senate panel is set to mark up NIL legislation, aiming to regulate college sports amidst ongoing 'chaos.' Former Alabama football coach Nick Saban criticizes the current system for prioritizing money over development, while Sen. Cynthia Lummis, R-Wyo., voices concerns that smaller schools will struggle to retain talent like Josh Allen against larger institutions with significant donor bases.

Forget about owning an NBA team in Las Vegas, just buy the UNLV basketball team.

No, you aren’t reading that wrong. A college hoops team has decided to lean into this era of NIL and revenue-sharing by putting its squad up for sale, at least according to UNLV head coach Josh Pastner and the athletic department.

In a world that is already filled with college boosters helping pay the steep salaries that come with transfer portal players or high school athletes, UNLV is just saying the quiet part out loud when it comes to purchasing an entire team.

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For years, there have been Las Vegas entrepreneurs hoping to bring a team to Las Vegas, in hopes of joining the other professional leagues that have found a home in 'Sin City'.

But, Josh Pastner is hoping someone will bite on his proposition to ditch the NBA aspirations and put a fraction of that potential costs into college hoops.

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"Buy the college basketball team. It’s legal now. You can be the owner of the UNLV Runnin’ Rebels men’s basketball team, and it’s a lot less expensive," Josh Pastner told