NBA Draft? Nah. He’s Following the Money, Right Back to School.

Published by
Sports Illustrated

By Michael Rosenberg Bacot’s draft stock spiked after a dominant NCAA tournament, but for this business major, riding the NIL bubble and sticking around Chapel Hill is a “no-brainer.” Armando Bacot Jr. is sitting in the Dean Smith Center at the University of North Carolina, explaining that he stayed in school, in part, for the money. He whips out his phone and pulls up some financial charts. From March 1 through June 8, in the months after he led North Carolina to the national championship game, he made a $21,000 profit selling T-shirts capitalizing on his name, image and likeness. His first e…

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