NIL Collective

[WichitaHawk]

Need the Steven family involved.

They know how to manipulate their $$$ ;-)

They can use their cocaine profits to fund the NIL.

[WuTheOne]

"Uncle Chuck" donated $6 mill out of the $25 mill it took to renovate the roundhouse. For that he got 20 years of great PR from having his name on basketball broadcasts in a most positive light. He could never have bought that level of positive PR and advertising for $6 mill.

If "Uncle Chuck" were to donate a mill or two a year, he could keep the arena with his name on it prominently publicized nationally. The ROI (return on investment) would be very good from a PR standpoint. Unfortunately, the ROI for political contributions is incredibly higher than the ROI for PR from Shocker basketball.

Maybe Chase will want the arena with his dad's name on it to be nationally relevant.

[rjl]

I agree, much of their endowment is probably restricted, but you are telling me Harvard University is so racist that they can't set aside $100M of their $52 BILLION dollar endowment to give disadvantaged black youths a chance to play basketball while earning a Harvard degree? :)

It really isn't a stretch to believe that they can out raise any university on the planet even if they chose not to earmark a fraction of a percent of their existing endowment toward athletics.

Their men's basketball head coaching position is ALREADY funded by endowment, isn't it?

The big point you are missing is that it's still against the NCAA regulations for the school itself to pay the players money, NIL or otherwise. They can help players get NIL money from 3rd parties, but the school itself can't be the source of the funds and pay the players.

[Kung Wu]

The big point you are missing is that it's still against the NCAA regulations for the school itself to pay the players money, NIL or otherwise. They can help players get NIL money from 3rd parties, but the school itself can't be the source of the funds and pay the players.

Okay. But help me with the definition of 3rd party.

[Maizerunner08]

The big point you are missing is that it's still against the NCAA regulations for the school itself to pay the players money, NIL or otherwise. They can help players get NIL money from 3rd parties, but the school itself can't be the source of the funds and pay the players.

I wouldn't be surprised if some universities set up LLCs and put money in those LLCs.

Shows up as a "Misc Expense"

[shoxlax]

I'm gonna cut him some slack considering he didn't try to transfer until EIGHT other players transferred first. I think he wanted to stay but once Ricky left he knew his last year of eligibility was going to be rough. If it's going to be rough, might as well get paid.

Not that he is alone with his circumstances, but Craig comes from a very unstable upbringing not exactly fraught with money. I think he genuinely likes the university and the community. Staying here gives him the best chance to succeed in life.

[shocker43]

I wouldn't be surprised if some universities set up LLCs and put money in those LLCs.

Shows up as a "Misc Expense"

Ohio State has an NIL collective in their athletic department. The only "rule" is that universities have to follow their state regulations on NIL.

[WstateU]

Not that he is alone with his circumstances, but Craig comes from a very unstable upbringing not exactly fraught with money. I think he genuinely likes the university and the community. Staying here gives him the best chance to succeed in life.

As I’ve mentioned in the past, RCIV’s upside is off the charts. I knew when I watched his high school videos that he might be a special player here; you could see he had athleticism comparable to other Shocker greats. Ricky fits the definition of an ‘under the radar player’ and we were lucky to get him and I’d be thrilled if he returns… hopefully Ricky I II and III agree this is where he needs to be. He has a lot of people in his ear...

[rjl]

Okay. But help me with the definition of 3rd party.

Well, a lot of that is probably up for debate and $550+ per hour lawyers to litigate.

But I think it's pretty safe to assume that a school's very own endowment is akin to the school itself and not a third party.

[rjl]

I wouldn't be surprised if some universities set up LLCs and put money in those LLCs.

Shows up as a "Misc Expense"

I'm not really sure they need to, though. That money would come from big boosters, so why do things the surreptitious, sneaky way when you can bypass the school and have the boosters give straight to the athletes.

[Dan]

I'm not really sure they need to, though. That money would come from big boosters, so why do things the surreptitious, sneaky way when you can bypass the school and have the boosters give straight to the athletes.

The boosters are just diverting some of their standard donations from the school to the NIL collective. It cuts the school out of the fund management and puts boosters squarely into the recruiting game. Lots of bad things to come from this.

[shoxlax]

The boosters are just diverting some of their standard donations from the school to the NIL collective. It cuts the school out of the fund management and puts boosters squarely into the recruiting game. Lots of bad things to come from this.

It also cuts the school out of potential donor money, which makes me question the extent of the reasons Derwood gave for not jumping on board.

[pogo]

An interesting perspective on sports daily in that WSU is unique in the AAC as we don’t have a football team needing nil funding. This begs the question can WSU use that to attract athletes in our non revenue sports after all we are looking at funding mens basketball at this point.

[Shock Top]

An interesting perspective on sports daily in that WSU is unique in the AAC as we don’t have a football team needing nil funding. This begs the question can WSU use that to attract athletes in our non revenue sports after all we are looking at funding mens basketball at this point.

Baseball and Volleyball could benefit tremendously. Softball now too with its recent success.

[Shocker82/85]

To Pogo’s point.

An advantage WSU has without football is that there are only about 80 athletes who play the 5 sports that produce any ticket revenue. It is easy to rank them in revenue producing order. Basketball is far and away number 1. We know from past experience that baseball success would produce a lot of incremental revenue. Baseball players also have the most need because they receive on average less than 1/2 scholarship. Women’s basketball has a lot of potential. Just think what Jackie Stiles would have done for attendance. Improved women’s volleyball would get attendance back to the 3,000 or so a game that it used to enjoy. Softball attendance is limited by the stadium, but you have to be proactive about your star players and it would be worthwhile to spend on a pitcher that can get you to the next level. I think that baseball and the women’s sports have a lot of potential because a lesser amount of money per athlete could make a big impact. In women’s basketball/volleyball if you could keep local girls who are going to the power five, it would make a huge difference in winning and attendance would follow.

If Boatwrong had been proactive, we could have maybe given KU a run for their money with Grady Dick or at least made it expensive for them. I think an emphasis has to be placed on keeping local star high school players, men and women, at home. All revenue sports can benefit, attendance wise, from star local area players being on the team. Men’s basketball has to be emphasized first because it finances the entire program.