Dusty May encourages Wolverines to invest NIL money in ‘annuities, stocks and bonds’
November 27, 2025
LAS VEGAS — The Wolverines will leave Las Vegas as big winners, not just because of three impressive victories on the basketball court but because of the extra $1 million in NIL funds they earned for winning the Players Era Championship.
In the postgame press conference after Wednesday’s 101-61 win over Gonzaga in the title game, a pair of Michigan players were asked what they planned to buy with the money.
Before they could answer, Michigan coach Dusty May interjected: “Annuities.”
“Honestly, Christmas gifts,” guard Nimari Burnett said. “It’s about that time of year anyway.”
May chimed in again: “Roth IRA.”
“The rest is going to investments,” Burnett said, heeding his coach’s advice. “I’m going to be smart with my money.”
Forward Yaxel Lendeborg said he didn’t want to share his plans and spoil the surprise. “You’ll have to stay tuned. Maybe you’ll see it on social media.”
That’s when May offered one more suggestion: “Stocks and bonds.”
Once players were able to benefit from NIL money, May has been supportive. It’s one of the reasons he signed up for the Players Era event. “I assume in any tournament format, someone’s making the money,” he said Tuesday. “I mean, someone’s benefiting financially. So I also don’t have a problem with players making money for being a part of something like this.”
Once the money comes in, however, he wants his players to be responsible.
“I appreciate NIL,” May said Wednesday. “I appreciate the rev(enue) share and these guys being able to set themselves up for life after basketball — to be able to put a down payment on a house, to be able to do whatever they want to do.
“The only thing I don’t like about NIL is when they buy things that don’t appreciate their age. That’s it.”
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