Indiana Hoosier star guard Myles Rice stuns NCAA Basketball world, rejects Jaw-dropping $5.4 million NIL offer from Arkansas Razorbacks to remain with Indiana Hoosier; after making the bold decision, Head coach Darian Devries promised to make him the…
In an era dominated by Name, Image, and Likeness (NIL) deals and high-profile transfers, Indiana Hoosiers star guard Myles Rice has made a decision that defies the current trends of college basketball—and the headlines it’s making are just as bold as the move itself.
Rice has officially turned down a staggering $5.4 million NIL offer from the Arkansas Razorbacks, choosing instead to stay in Bloomington and continue his journey with the Hoosiers. The offer, which would have made him one of the highest-paid athletes in the NCAA, was reportedly all but finalized before Rice made his final decision late Wednesday night.
His reason? Loyalty. Legacy. And belief in the program he’s helped reshape.
“I came to Indiana because I believed in what we were building,” Rice said in a statement. “Money can come and go, but the opportunity to be part of something bigger—something lasting—is priceless. I’m here to win, not just to cash out.”
The decision has sparked widespread praise across the basketball world, with fans, analysts, and even former players applauding Rice for choosing commitment over cash. The move also sent a clear message: Indiana is back, and players are buying in.
Head coach Darian DeVries, entering his first full season at the helm, couldn’t hide his enthusiasm.
“Myles isn’t just a phenomenal basketball player—he’s a leader, a competitor, and a culture-setter,” DeVries said. “He made a decision today that shows the kind of person he is. I promised him that if he stayed, we’d make this the team to beat. We’re building this program around him.”
DeVries, known for his gritty, team-first coaching philosophy, has already begun reshaping Indiana into a defensive powerhouse. With Rice leading the charge, the Hoosiers are poised to make a serious run in the Big Ten and beyond.
Rice averaged 17.6 points, 5.2 assists, and 1.8 steals per game last season, becoming a fan favorite with his fearless drives and clutch performances. He was instrumental in Indiana’s resurgence, including key wins over nationally ranked opponents.
Off the court, Rice has become a face of the program—respected for his maturity, humility, and team-first mentality. He’s turned down seven-figure offers before, but this latest deal from Arkansas was, by far, the most lucrative.
Now, with the basketball world watching, Myles Rice is staying put—and Indiana’s championship hopes just got a lot more real.