Foxwell leads NBL young guns with lucrative NIL deals

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South East Melbourne Phoenix young gun Owen Foxwell is attracting significant interest from cashed-up US Colleges prepared to pay the rising guard life changing money, reports Matt Logue from Code Sports Basketball.

Code Sports can reveal Foxwell – who starred in the Phoenix’s statement win over the Sydney Kings on Monday – is currently speaking with a number of schools about a potential move to America.

The 22-year-old signed a two-year contract extension with South East Melbourne last year, meaning he is contracted until the end of NBL27. However, it’s believed Foxwell would seriously consider joining a US college team, especially if he receives a lucrative deal.

NIL, which stands for Name, Image and Licence, allows student athletes to legally earn money while playing in college. The money on offer via NIL is mind-blowing. Conservative estimates put men’s college basketball as a US$19 billion industry.

Purdue transfer Oscar Cluff – once an apprentice welder on the Sunshine Coast – is likely Australia’s top earner, with his NIL understood to be between US$1.5-2.5 million.

It’s understood Phoenix officials wouldn’t stand in Foxwell’s way if he received a big money offer to play in the US, which is a real possibility given he already has an established profile having played internationally for the Boomers.

For the full story on Code Sports Basketball, click here.

Foxwell isn't the only NBL talent considering a move to play college basketball, with Illawarra Hawks development player Kobe McDowell-White reportedly set to make the move to the US.

Jonah Antonio, a Hawks injury replacement player but also the head of College Hoops Consult, announced on social media the younger brother of William McDowell-White had an offer from the University of Tennessee at Chattanooga.

Basketball.com.au also understands several more development players from across the league are set to accept lucrative college deals as well as a former development player, who has been a professional for at least three seasons after spending one year at college.