UNLV basketball coach walks back ‘team ownership’ comments

By the Editorial Team · Tuesday, July 28, 2026

UNLV basketball coach Josh Pastner clarified that the team is not for sale after suggesting a major donor could "own" the program by investing $10-$12 million to support NIL initiatives and competitiveness. His explanation highlights the growing need for substantial financial backing as college sports navigate new economic models shaped by NIL regulations.

UNLV men’s basketball coach Josh Pastner clarified remarks he made last week about seeking financial backing for the program, emphasizing that the team is not for sale.

During an interview with KTNV, a Las Vegas television station, Pastner described a vision in which a supporter could effectively “own” the Rebels basketball team by providing between $10 million and $12 million in funding. He contrasted this figure with the billion-dollar price tags associated with owning professional NBA franchises, framing the opportunity as an affordable investment that could also offer tax benefits. The coach’s comments aimed to attract substantial investment to support the team’s NIL (name, image, and likeness) initiatives and overall competitive standing.

Pastner, who began coaching at UNLV last season after previous head coaching roles at Memphis and Georgia Tech, subsequently issued a statement on social media to address the reaction to his remarks. He stressed that the Rebels basketball program is not for sale and clarified that his original intent was to illustrate the level of resources, sponsorships, and financial support necessary for a college athletics program to thrive in a rapidly changing sports environment.

The statement sought to correct any misconception that the program might be offered to private ownership. Instead, Pastner underscored the need for increased backing to remain competitive in college basketball’s evolving landscape, particularly as NIL deals reshape funding and recruiting dynamics.

Pastner’s comment and subsequent clarification come as many college programs navigate new financial models following recent NIL regulations, which allow athletes to profit from endorsements. Programs like UNLV are increasingly seeking diverse sources of investment to support athlete compensation, facilities, and overall program development.

Last season, Pastner led the Rebels to an 18-17 record, marking his debut campaign with the program. His efforts to secure enhanced funding reflect broader trends across college sports as coaches and administrators adjust to the shifting economic realities facing NCAA programs.

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