Former UConn men's basketball coach Kevin Ollie to coach Overtime Elite, a league designed for top prep players

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Scott Gleeson, USA TODAY
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Former Connecticut men's basketball coach Kevin Ollie will be the head coach for Overtime Elite, a new professional basketball league for top high school players ranging from 16 to 18 years old, Ollie announced Monday.

Overtime Elite has a plan to offer a six-figure financial package that includes academic tutoring and a year-round training program. The league will target the nation's top talent – likely three-, four- and five- star recruits. Players would be able to profit from the revenue associated with name, image and likeness for customized jerseys, trading cards and NFTs (non-fungible tokens such as videos).

“I’m ready to get back to what I was born to do: empowering and encouraging and supporting young people, and helping them grow,” Ollie said in a statement. “There’s no better place for me to do that than OTE, an extraordinary league for extraordinary young men. I consider it my mission to help these elite athletes realize their dreams.”

Former Connecticut Huskies head coach Kevin Ollie during a 2018 game.
Former Connecticut Huskies head coach Kevin Ollie during a 2018 game.

If high school players join Overtime Elite, they'd lose their NCAA college eligibility. But they'd be positioned to advance toward the G-League and NBA draft.

Ollie will also serve as the director of player development and work alongside Brandon Williams, a former NBA front-office executive serving as Overtime Elite's executive VP and head of basketball operations.

The 48-year-old Ollie guided the Huskies to a national championship in 2014 and is a 13-year NBA veteran. He left UConn in 2018 amid an NCAA investigation and later filed a lawsuit against Connecticut for $10 million in back pay.

This will be Ollie's first job since his departure from UConn. He built a reputation for mentoring NBA stars prior to his time with the Huskies, with Kevin Durant in 2014 calling him a "game changer" who "changed the culture" of the Oklahoma City Thunder.

NBA teams in the mid-2010s had interest in hiring Ollie as a head coach and recently an NBA team had interest in bringing him in as an assistant coach.

Overtime Elite is expected to have a 40-person operations staff catered to young players, with coaches, sports science and performance personnel, trainers and counselors.

Follow college basketball reporter Scott Gleeson on Twitter @ScottMGleeson.

This article originally appeared on USA TODAY: Kevin Ollie to coach Overtime Elite, designed for top prep players