Indiana Hoosier star guard Myles Rice signs game-changing contract with Rival Team, set to Transform their..
In a stunning turn of events that has sent shockwaves through the college basketball world, Indiana Hoosiers standout guard Myles Rice has signed a game-changing contract with a long-time rival program, signaling a dramatic shift in the power dynamic of college hoops.
Rice, who played a pivotal role in Indiana’s recent resurgence, has agreed to a landmark NIL (Name, Image, and Likeness) and transfer deal with the Michigan Wolverines, according to multiple sources close to both programs. The deal is said to include a lucrative multi-year NIL package reportedly worth over $3 million, along with guaranteed leadership opportunities and creative control over community initiatives and branding.
“A New Chapter — and a New Challenge”
The 6-foot-3 junior guard, known for his explosiveness, court vision, and unshakable poise under pressure, made the announcement in a video posted to social media Thursday morning.
“This was one of the hardest decisions of my life,” Rice said. “Indiana gave me everything — love, loyalty, belief. But I’ve chosen to take on a new challenge. I’m joining a program with a clear vision, and together, we’re going to build something special.”
Though Rice didn’t directly name Michigan in the video, the Wolverines confirmed the news minutes later with a bold graphic captioned: “The Future Has Arrived.”
A Rivalry Rekindled
Rice’s move to Ann Arbor instantly intensifies one of college basketball’s most storied rivalries. Indiana and Michigan have a long history of battles on the hardwood, and this transfer is likely to stoke emotions on both sides.
“It stings,” said one IU fan on social media. “Myles was our guy. But the game is changing — and so are the loyalties.”
A Program-Changer
Michigan head coach Juwan Howard praised Rice as “the exact piece we’ve been waiting for” and hinted at a revamped, fast-paced system designed to elevate the Wolverines back to national prominence.
“Myles is a winner, plain and simple,” Howard said. “He brings leadership, elite playmaking, and a fierce competitive spirit. He’s not just joining our program — he’s helping reshape it.”
Rice averaged 17.4 points, 5.9 assists, and 2.1 steals last season while leading Indiana to the Sweet 16. His arrival in Michigan is expected to immediately boost the team’s backcourt, which struggled with consistency last season.
A Sign of the Times
The deal is the latest example of how NIL and the transfer portal continue to redefine college athletics, allowing student-athletes more control over their futures — and more visibility in their business decisions.
“This is more than basketball,” Rice said. “It’s about legacy, impact, and using my platform to lead — on and off the court.”