The way Penn State athletics has operated has left the basketball program well behind in the NIL era.
Smith was the last man cut from Canada's World Juniors roster last year.
Kennedy Martin and Alexis Stucky have been named to the preseason All-Big Ten Team.
The 2025-26 fiscal year closed out a four-year total of $353.1 million in gifts, which doubled the previous periods record.
It's Martin's third year in a row on the watchlist.
Onvo will use the deal to leverage NIL for Penn State student-athletes through digital channels.