Drake completed his Master's Thesis, "How NIL and the Transfer Portal Changed Competitive Balance in College Basketball." Here's what he found from his research:
College athletics are evolving rapidly following the implementation of Name, Image, and Likeness (NIL) rules and the expansion transfer portal. This paper examines how this shifting incentive structures have affected the collegiate basketball recruiting landscape. Using an intensity-based difference-in-differences framework, I analyze changes in the distribution of 3-, 4-, and 5-star recruits between “Power” and “Non-Power programs” before and after the 2021 policy change. I find that there is a significant reallocation of talent, as 3-stars high school recruits are substituting away from power schools. Furthermore, when including transfers, 4-star players are more concentrated at power programs. Overall, these results demonstrate that after NIL and transfer portal changes, recruiting outcomes changed for schools in power conferences relative to schools in nonpower conferences.
We are incredibly proud of his hard work and this huge accomplishment. You can read the entire thesis here. I especially love the dedication: To my parents, for their endless love and support, and to my Nana, Dr. Jean Karlen, for inspiring my academic journey.
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