hoyas315
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Post by hoyas315 on Apr 19, 2024 14:05:58 GMT -5
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EtomicB
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Post by EtomicB on Apr 20, 2024 9:33:21 GMT -5
I’m here for it but this could get ugly
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FrazierFanatic
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Post by FrazierFanatic on Apr 20, 2024 15:26:27 GMT -5
This is interesting as it gives perspective on what a point guard in the transfer portal is expected to make in NIL, as stated by a current head coach. Surprising that Iowa can't pay somebody $500K when we have a current NIL budget of $4M to recruit. I thought our NIL budget was "reported". Now we "have" $4 million? Quite a jump there. Not to mention that our NIL "budget" is not all to recruit, it includes money to current players. But of course you know that, it just does not fit into your agenda. Such a sad little life you lead.
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Post by HometownHoya on Apr 21, 2024 13:21:52 GMT -5
Random thought, but could we see mid-major or lower become feeder or developmental schools for certain programs. For example, let’s say a NIL collective builds a relationship with GU, GWU, or American and makes an agreement with their coach: players not ready for BE play get steered to a lower program and their players that want to move up get steered to ours. It’d obviously need to be part of the NIL contract with the player but is there anything stopping NIL collectives from doing something like that with multiple schools? Something like a “DC Rising” or even a local AAU team (under the guise of NIL) sponsoring multiple local programs.
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Post by professorhoya on Apr 23, 2024 12:34:05 GMT -5
College sports are no longer academic enterprises. It’s a pay minor pro league and should not be tax exempt. It’s time the NCAA, schools, coaches and players pay up on the multi billion dollar basketball and football TV contracts. “IRS Rules Permit Tax-Free TV Income for College Athletics According to IRS rules, the income that college athletic programs earn from broadcast rights and ticket sales is similar to the museum’s sale of painting reproductions: The broadcasting of these events promotes the various amateur sports, fosters widespread public interest in the benefits of the organization’s nationwide amateur program, and encourages public participation. The sale of rights and the broadcasting of events contribute importantly to the organization’s exempt purpose. Therefore, the sale of the exclusive broadcasting rights isn’t an unrelated trade or business. This rationale seems like a stretch, to say the least. College athletic conferences are similar in most respects to professional sports leagues that collect TV broadcast revenues and distribute them to the members. Most professional sports leagues, such as the National Football League and Major League Baseball, were once tax-exempt “membership” associations under section 501(c)(6) of the IRC. After considerable criticism from Congress, all the major leagues have given up that designation and are now taxable entities. (The PGA Tour remains a 501[c][6] organization). But because college athletic conferences are considered “educational organizations,” they are exempt from tax on their income. Furthermore, since broadcasting companies can deduct the cost of making payments to college athletic conferences on their income tax return, it means that TV income to athletic conferences is never subject to federal income taxes and is effectively subsidized by other taxpayers.” taxfoundation.org/blog/college-sports-tax-free-revenue/
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Post by Lethal_Interjection on Apr 24, 2024 13:53:14 GMT -5
As the world turns...The new norm.
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hoyaboya
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Post by hoyaboya on Apr 25, 2024 17:13:39 GMT -5
If only a Georgetown leader could’ve been involved at a senior NCAA policy making level and had the chance to put things on a better track.
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Post by hoyariv71 on Apr 25, 2024 17:23:36 GMT -5
I think starting next year it should be I transfer for any reason, then any additional transfer, the kid should have to sit a year.
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hoyasaxa2003
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Post by hoyasaxa2003 on Apr 25, 2024 18:45:03 GMT -5
If only a Georgetown leader could’ve been involved at a senior NCAA policy making level and had the chance to put things on a better track. The fact that Jack DeGioia was involved in this at the NCAA level is likely part of the reason why it's a disaster.
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DFW HOYA
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Post by DFW HOYA on Apr 25, 2024 18:55:44 GMT -5
If only a Georgetown leader could’ve been involved at a senior NCAA policy making level and had the chance to put things on a better track. The NCAA tried to head this off for three years but the Allston decision and the moves by southern state legislatures to essentially supersede NCAA rules makes it very difficult for the NCAA to police anyone without threat of a class lawsuit or an outright withdrawal of much of Division I, and even that wouldn't put the genie beck in the bottle. The way to fix it is some combination of university presidents and Congress saying "no", but both groups essentially can't govern right now.
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jackofjoy
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Post by jackofjoy on Apr 25, 2024 20:36:27 GMT -5
This is interesting as it gives perspective on what a point guard in the transfer portal is expected to make in NIL, as stated by a current head coach. Surprising that Iowa can't pay somebody $500K when we have a current NIL budget of $4M to recruit. Nah, you don’t get to keep doing this. Pick a number, you’ve moved from $4mm to $6mm to $5mm. Why don’t we take the “reported” numbers and cut them in half. Probably closer. And I hope Jayden Epps got $500k just to pi$$ people off…
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EtomicB
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Post by EtomicB on Apr 25, 2024 23:01:07 GMT -5
"Nick Saban weighs in on NIL, revenue sharing in college football during time on Capitol Hill... “Well, all the things that I believed in for all these years, 50 years of coaching, no longer exist in college athletics,” he said. “So it always was about developing players. It was always about helping people when you’re successful in life. My wife even said to me, we have all the recruits over on Sunday with their parents for breakfast. And she would always meet with the mothers and talk about how she was going to help and impact their sons and how they would be well taken care of. “And she came to me, like right before our retirement and said, ‘Why are we doing this?’ And I said, ‘What do you mean?’ She said, ‘All they care about is how much you’re going to pay them.'”... “It’s whoever wants to pay, the most money raised, the most money to buy the most players is going to have the best opportunity to win,” Saban said Tuesday. www.on3.com/nil/news/nick-saban-alabama-crimson-tide-capitol-hill-nil-revenue-sharing-employment/This guy actually went in front of Congress to complain about NIL...
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DanMcQ
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Post by DanMcQ on Apr 27, 2024 10:36:45 GMT -5
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drquigley
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Post by drquigley on Apr 27, 2024 10:47:39 GMT -5
I have to wonder what all this NIL money does not just to the coaches and the future of college basketball but what it does to the other members of the team. How do you bust your butt to help the team win when the few NIL babies on the team are living large on their NIL money. Especially if things are not going well and you look around and a bunch of your teammates are already thinking about transferring and NIL money. And finally, how in the world are these "students" actually in any way representing the colleges they are "attending".
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jackofjoy
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Post by jackofjoy on Apr 27, 2024 15:37:39 GMT -5
Might have already been posted but will the portal/NIL etc changes also bring a change to when teams can start practicing? Would seem like a constant influx of new faces each year would warrant a longer preseason practice period. I'm sure the NCAA will hide under the cover of "athlete safety" or some nonsense.
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prhoya
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Post by prhoya on Apr 27, 2024 23:17:18 GMT -5
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jackofjoy
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Post by jackofjoy on Apr 28, 2024 7:06:25 GMT -5
Cliff O is getting $1.5mm?
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thedragon
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Post by thedragon on Apr 28, 2024 9:42:12 GMT -5
Cliff O is getting $1.5mm? That's what he supposedly asked for. No one has been willing to hit his #.
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hoyasaxa2003
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Post by hoyasaxa2003 on Apr 28, 2024 12:38:08 GMT -5
I was curious about how On3 does their valuations, and this is what their website says: That would explain Bronny James' value, as his basketball ability doesn't warrant being one of the top guys. But exposure might.
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SFHoya99
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Post by SFHoya99 on Apr 28, 2024 14:02:19 GMT -5
I was curious about how On3 does their valuations, and this is what their website says: That would explain Bronny James' value, as his basketball ability doesn't warrant being one of the top guys. But exposure might. I think any valuation that puts value on the actual "marketing" component is a pretty big mistake. Bronny might actually be the one player in men's basketball where that's not true -- but in general, this is people paying for performance and what really matters is how rabid the wealthy donors of a program are.
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