Elvado
Blue & Gray (over 10,000 posts)
Posts: 10,485
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Post by Elvado on May 5, 2024 4:03:39 GMT -5
Jacob Murrell breaks his MLS duck with a goal in last night’s 2-2 draw.
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Post by hoyasaxaphone on May 4, 2024 22:23:34 GMT -5
I think the whole "private equity" references are misleading. I guess they just mean that NIL givers are rational beings who will give on the basis of seeing the team get better as a result. These are not "private equity guys" looking at alternative investments. Just fans, who have a limit on what they will tolerate in performance on the back of their gifts.
I, personally, find giving money to a collective who will directly fund players abhorrent. I have better things to do with my life and my $$$$. And I worked in private equity. Just say'in.
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SSHoya
Blue & Gray (over 10,000 posts)
"Forget it Jake, it's Chinatown."
Posts: 18,308
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Post by SSHoya on May 4, 2024 22:02:27 GMT -5
MAGA GOP must exile anyone who speaks the truth. Such a cult. Top RNC lawyer resigns after rift grows with Trump The top lawyer at the Republican Party is resigning after he cited conflicts with his other work and with Donald Trump, who grew angry about his criticism of the former president’s false claims that the 2020 election was stolen, people familiar with the situation said Saturday night. www.washingtonpost.com/politics/2024/05/04/trump-rnc-spies-election-fraud/
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RusskyHoya
Diamond Hoya (over 2500 posts)
In Soviet Russia, Hoya Blue Bleeds You!
Posts: 4,606
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Post by RusskyHoya on May 4, 2024 21:48:54 GMT -5
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Post by Lethal_Interjection on May 4, 2024 21:12:04 GMT -5
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EtomicB
Blue & Gray (over 10,000 posts)
Posts: 14,904
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Post by EtomicB on May 4, 2024 20:45:44 GMT -5
They are Georgetown alumni that want miss $20.00 or $30.00 dollars or more. If we want Georgetown to be competitive and win again we have to donate to nil. Put up some money, I didn’t go to school here and am not a wealthy man, I work a shipping and receiving job. I donated to nil. They are millionaires who can donate. Please help get Georgetown University back to winning it’s the new way of college sports. I make just $30.000 a year not a lot, I donated. Come on people on here we can all do something. If it’s $1000 or whatever. Go Hoyas let’s help with this. People of good conscience can debate the pros and cons of collective-based NIL ("the bag") but no one is required to donate to it. A few thoughts: A gift to Hoyas Rising or any other collective that pops up is a gift of trust: they are under no obligation to spend it as you see fit. If a collective wants to spend it on another Georgetown team, you have no say in it. If a collective wants to spend it on a lunch at a steakhouse, you have no say in it. Just as there is no ability to claim a tax deduction, there is no transparency on what they choose to do with your gift. It's an athletic version of a 501 (c)(4). To be fair, the collective works with the basketball office as an arm's length consulting agreement, but unless the donor is closely tied in with those that commit funds, it's a leap of faith. A gift to the Hoya Hoop Club is a gift of expectation: they have an obligation to spend it in the sport you designate it and within the fiscal year of your gift. A gift to the Hoop Club won't go to women's golf or sailing, it will go to the men's basketball program. Thanks to some decisions made long before Ed Cooley became coach, gifts to the Hoop Club provide direct budget support and while your $25 of $50 gift doesn't give you the ability to direct gifts, you have the tacit understanding that 1) it's a tax deduction and 2) it will be used where the department wants it to go, but not to players. Is this a better use of your gift? That's up to each donor. Unlike other schools, NIL at Georgetown is invested in a very small group of high wealth individuals who commit funds to support Ed Cooley. But as I commented earlier, "However, like most PE types, they expect a return, and if they don't get it, they won't fund it any more."
What kind of return are they expecting? Shouldn't their return be whatever ads or events they ask the players to participate in to receive the compensation they've agreed to?
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SSHoya
Blue & Gray (over 10,000 posts)
"Forget it Jake, it's Chinatown."
Posts: 18,308
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Post by SSHoya on May 4, 2024 20:06:46 GMT -5
They are Georgetown alumni that want miss $20.00 or $30.00 dollars or more. If we want Georgetown to be competitive and win again we have to donate to nil. Put up some money, I didn’t go to school here and am not a wealthy man, I work a shipping and receiving job. I donated to nil. They are millionaires who can donate. Please help get Georgetown University back to winning it’s the new way of college sports. I make just $30.000 a year not a lot, I donated. Come on people on here we can all do something. If it’s $1000 or whatever. Go Hoyas let’s help with this. People of good conscience can debate the pros and cons of collective-based NIL ("the bag") but no one is required to donate to it. A few thoughts: A gift to Hoyas Rising or any other collective that pops up is a gift of trust: they are under no obligation to spend it as you see fit. If a collective wants to spend it on another Georgetown team, you have no say in it. If a collective wants to spend it on a lunch at a steakhouse, you have no say in it. Just as there is no ability to claim a tax deduction, there is no transparency on what they choose to do with your gift. It's an athletic version of a 501 (c)(4). To be fair, the collective works with the basketball office as an arm's length consulting agreement, but unless the donor is closely tied in with those that commit funds, it's a leap of faith. A gift to the Hoya Hoop Club is a gift of expectation: they have an obligation to spend it in the sport you designate it and within the fiscal year of your gift. A gift to the Hoop Club won't go to women's golf or sailing, it will go to the men's basketball program. Thanks to some decisions made long before Ed Cooley became coach, gifts to the Hoop Club provide direct budget support and while your $25 of $50 gift doesn't give you the ability to direct gifts, you have the tacit understanding that 1) it's a tax deduction and 2) it will be used where the department wants it to go, but not to players. Is this a better use of your gift? That's up to each donor. Unlike other schools, NIL at Georgetown is invested in a very small group of high wealth individuals who commit funds to support Ed Cooley. But as I commented earlier, "However, like most PE types, they expect a return, and if they don't get it, they won't fund it any more." Caveat: If you donate to the Hoop Club in order to retain your season tickets, it is not tax deductible. At the end of 2017, the federal government passed the Tax Cuts and Jobs Act, which among its many laws, no longer allows for a tax-deduction for any contribution tied to the purchase of season tickets.
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DanMcQ
Moderator
Posts: 30,553
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Post by DanMcQ on May 4, 2024 19:14:28 GMT -5
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DFW HOYA
Platinum Hoya (over 5000 posts)
Posts: 5,753
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Post by DFW HOYA on May 4, 2024 18:57:53 GMT -5
They are Georgetown alumni that want miss $20.00 or $30.00 dollars or more. If we want Georgetown to be competitive and win again we have to donate to nil. Put up some money, I didn’t go to school here and am not a wealthy man, I work a shipping and receiving job. I donated to nil. They are millionaires who can donate. Please help get Georgetown University back to winning it’s the new way of college sports. I make just $30.000 a year not a lot, I donated. Come on people on here we can all do something. If it’s $1000 or whatever. Go Hoyas let’s help with this. People of good conscience can debate the pros and cons of collective-based NIL ("the bag") but no one is required to donate to it. A few thoughts: A gift to Hoyas Rising or any other collective that pops up is a gift of trust: they are under no obligation to spend it as you see fit. If a collective wants to spend it on another Georgetown team, you have no say in it. If a collective wants to spend it on a lunch at a steakhouse, you have no say in it. Just as there is no ability to claim a tax deduction, there is no transparency on what they choose to do with your gift. It's an athletic version of a 501 (c)(4). To be fair, the collective works with the basketball office as an arm's length consulting agreement, but unless the donor is closely tied in with those that commit funds, it's a leap of faith. A gift to the Hoya Hoop Club is a gift of expectation: they have an obligation to spend it in the sport you designate it and within the fiscal year of your gift. A gift to the Hoop Club won't go to women's golf or sailing, it will go to the men's basketball program. Thanks to some decisions made long before Ed Cooley became coach, gifts to the Hoop Club provide direct budget support and while your $25 of $50 gift doesn't give you the ability to direct gifts, you have the tacit understanding that 1) it's a tax deduction and 2) it will be used where the department wants it to go, but not to players. Is this a better use of your gift? That's up to each donor. Unlike other schools, NIL at Georgetown is invested in a very small group of high wealth individuals who commit funds to support Ed Cooley. But as I commented earlier, "However, like most PE types, they expect a return, and if they don't get it, they won't fund it any more."
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Post by FrazierFanatic on May 4, 2024 18:54:02 GMT -5
Gutted it out when everything was slipping away. A proud program. Congratulations on 6 straight.
Now hopefully some noise in the NCAA'S!
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Post by jctnhoya4ever on May 4, 2024 18:37:08 GMT -5
Thanks dfw and moderators.
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Elvado
Blue & Gray (over 10,000 posts)
Posts: 10,485
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Post by Elvado on May 4, 2024 18:28:54 GMT -5
11-10 OT win
Way to go boys!!!
6 straight titles.
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Post by dariantownesvanzandt on May 4, 2024 17:50:10 GMT -5
I don't know if we'll get Cliff tomorrow, but I hope whatever pile of cash we've allocated for him gets used either way.
I think there are combinations of transfers still out there that could be better for us in the near & long term than Cliff + scraps (if that's what we'd be left with after adding him).
You just hope we have time to get involved (or have already been?) with 2 or 3 more guys (5, 4, 1?) that are B+ level talents instead of having to settle for C & D roster fillers.
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iowa80
Golden Hoya (over 1000 posts)
Posts: 2,402
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Post by iowa80 on May 4, 2024 17:32:43 GMT -5
Goldstein is close to the mark, but it’s certainly a sad commentary on the state of college athletics when participants can universally be regarded as “free labor.”
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Elvado
Blue & Gray (over 10,000 posts)
Posts: 10,485
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Post by Elvado on May 4, 2024 17:22:20 GMT -5
8-1 lead blown
8-8 at half.
Regroup boys.
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iowa80
Golden Hoya (over 1000 posts)
Posts: 2,402
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Post by iowa80 on May 4, 2024 17:16:30 GMT -5
As a university with one of the lowest endowments in the country for a school of its stature and history, it is not hard to see why big bucks are not flowing out of alumni to the NIL bag. I don't think that Georgetown does a good job at connecting with alumni or courting their interests. And the University has stumbled through any series of administrative embarrassments and redirections that have turned off alumni on the school. My class generally shakes its head in bewilderment looking at what Georgetown has become these days. My son who graduated 30 years later has very little affinity or linkages to the University. My sense is that there is a real minority of Georgetown alums these days who care anything at all about the basketball program, while the rest are either largely turned off on the University or focused on more important things. The movement of college basketball away from a student athlete model to a pay for play model exacerbates this trend in my view for Georgetown alums, but likely works in favor of schools where alumni identification with college athletic programs is the highest, academics are somewhat secondary, and alumni remain relatively local and engaged in the life of the University. I have cared about the program for 56 years but I am not paying for NIL. I’d also speculate that there are a good number of (local) alums who care about the program and show it by buying season tickets that require somewhat hefty seat “donations.” Query whether this route for giving is in essence competitive with funding for NIL.
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Post by jctnhoya4ever on May 4, 2024 16:50:37 GMT -5
They are Georgetown alumni that want miss $20.00 or $30.00 dollars or more. If we want Georgetown to be competitive and win again we have to donate to nil. Put up some money, I didn’t go to school here and am not a wealthy man, I work a shipping and receiving job. I donated to nil. They are millionaires who can donate. Please help get Georgetown University back to winning it’s the new way of college sports. I make just$30.000 a year not a lot, I donated. Come on people on here we can all do something. If it’s $1000 or whatever. Go Hoyas let’s help with this.
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kettlehill
Golden Hoya (over 1000 posts)
Posts: 1,144
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Post by kettlehill on May 4, 2024 16:43:39 GMT -5
I suspect that we had a decent shot at Cliff...until RJ announced his return for a fifth year. We have a great looking new PG, but RJ is just the best- and a 5th year. No doubt, of all the players in the portal, Cliff would be what we need most
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Post by augustusfinknottle on May 4, 2024 16:20:01 GMT -5
“They can beat anybody” is coachspeak for “We ain’t losin’ to this team”.
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drquigley
Diamond Hoya (over 2500 posts)
Posts: 3,382
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Post by drquigley on May 4, 2024 16:16:26 GMT -5
In the old days, i.e. before NIL and Transfer Portal, I might have agreed with you. But I will find it hard to treat "kids" who have transferred 2-3 times and making hundreds of thousands (millions?) in NIL money with kid gloves. Especially since most of these "students" are never getting a GU degree. Yeah, that's one component, and while I don't particularly feel the need to incessantly bash college athletes, I can at least understand what you are saying. But the other component that you haven't touched on is that these are supposed to be guys you want to root for since you are a fan of the team and they are on the team. Not saying there is no room for criticism, but the incessant bashing of particular players really sucks. Dante Harris wasn't making hundreds of thousands of dollars when he got bashed incessantly by this same poster. But you go ahead and defend it if you want. I agree that I will always root for these guys just because they are wearing blue and gray. But if we get a true mercenary, i.e a guy who transferred in for a big NIL check, then if he stinks up the joint I will vent my criticism of him to the point of bashing. I think of Hunter Dickenson. Considering how much NIL money he was reported to have gotten if I were a Kansas alum I would have been hard pressed not to bash.
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