Transfer Portal w IU Interest

[Pagoda]

39 minutes ago, WayneFleekHoosier said:

While I’ll agree on the surface. It’s staggering. But it’s become the cost of doing business and when you look at the top teams/programs and look at what they are spending, it means we need to up our contributions to keep stride. Maybe we wanted 12.  Maybe we find we need to do 16-18. Idk. Other programs seem to find ways.  Hoping we can keep up with the Jones until some more realistic cap is figured out. A lot of these Nil payments get funneled through Not for profits and therefore can become tax loopholes for the extreme wealthy to make charitable donations.  I don’t like it one bit but I strongly believe this is what is happening at many institutions. (Stuhoo or someone can correct me if I’m way off base here)

Last year was ~$10M, if we are around $13M that’s a nice 30% increase.  Especially with a not so great first season.

We need to inspire our donors with some results.  That’s what football did.  Make a S16 and I bet we get up over $15M for our bball roster.  Frankly I find it amazing IUBB has what it has right now given the awful return in terms of wins IUBB donations have generated.

[IvanRenkosillegitimatechild]

56 minutes ago, IUHoosier5 said:

FWIW 2 days ago a new account, @DavidLeeb6, said Burton was waiting for Indiana to pay him $2-3M and then in the replies went to bat against a Houston fan with “sources” saying Houston would get Burton. Lee told the Houston fan “you’ll see soon” that he was duped by Burton’s own brother…

Playing out nicely so far. $2.6M would be great if he wants to be in this system 

He also said Sherrill would be on campus sometime this week and then apparently now today peers is reporting it.

[HoosierHoopster]

1 hour ago, skhoosier2 said:

If we only have 14m investing half that in two guys is risky that’s all I’m saying. It would be one thing if we only needed two guys but we basically have Trent on the bench lol and 3 freshman incoming. I hope we sign them but I hope we don’t blow the budget and we are able to get 7 guys that can compete. 

My impression - we have no idea what we actually have. It’s all just guesswork.
 

We just missed the tourney because of lack of the level of talent needed. Just go get it, break out the bank, that’s the investment we need right now to build, then when we’re winning the program will once again weigh more heavily along with portal money 

[Asha’man]

1 hour ago, skhoosier2 said:

Wow 3+ for Burton and 4 for Sherrell?  That’s a lot invested in two players…half the budget and you have to sign several more. 

Yeah for sure. They want 3 impact guys too. Better have more funds. Listened to the hysterics podcast where they interviewed Rabby last weekend. Eric seemed to believe that the money would be there if needed. Basically IU needed to be budget minded but if there was a bidding war for a key player the money would be available. Which is why I think we lead for Sherrill. It won’t be for every recruit but for the impact guys he made it sound like it would be. 

[AZ Hoosier]

17 minutes ago, Pagoda said:

Last year was ~$10M, if we are around $13M that’s a nice 30% increase.  Especially with a not so great first season.

We need to inspire our donors with some results.  That’s what football did.  Make a S16 and I bet we get up over $15M for our bball roster.  Frankly I find it amazing IUBB has what it has right now given the awful return in terms of wins IUBB donations have generated.

Big picture is important: football is ~$35M, MBB is $13M or whatever, add in the other sports we’re $50M+ vs the $21M rev share “cap”.  I know for a fact we are playing all the NIL “games,” and I don’t even need to say that the numbers tell the story.

This is pretty darn good for AD with a 55K football stadium.

So, CDD, show some results and you get more money.

The $10M to $13M jump this year seems reasonable. (Don't see either numbers confirmed anywhere). But it appears that the cost of doing business has risen again this year. Curious if the $3M bump (if those numbers are accurate) if it's really an increase or merely keeping up. This talk of $4-6M for any given player is nuts. There's no way this can continue much longer - how long before the house of cards crashes?

[WayneFleekHoosier]

6 minutes ago, Pagoda said:

Last year was ~$10M, if we are around $13M that’s a nice 30% increase.  Especially with a not so great first season.

We need to inspire our donors with some results.  That’s what football did.  Make a S16 and I bet we get up over $15M for our bball roster.  Frankly I find it amazing IUBB has what it has right now given the awful return in terms of wins IUBB donations have generated.

The discussion I’d like to see had is how and through who these NIL payments get paid. For example. Hoosiers for good. Is a not for profit. So, say for a hypothetical example a donor gives HFG 5 million and tells HFG to do what they want with it. They then keep 10% (as an example) then funnel that money to athetes who can actually help the organization (by an appearance). 
 

So you get a tax write off for the extremely wealthy that benefits tha wealthy, benefits the charity, and funds the players all at the same time. 
 

My belief is that this happens at schools. Maybe even Indiana (not necessarily HFG). The dollar amounts can be viewed differently then. 

[Asha’man]

10 minutes ago, Pagoda said:

Last year was ~$10M, if we are around $13M that’s a nice 30% increase.  Especially with a not so great first season.

We need to inspire our donors with some results.  That’s what football did.  Make a S16 and I bet we get up over $15M for our bball roster.  Frankly I find it amazing IUBB has what it has right now given the awful return in terms of wins IUBB donations have generated.

I get what you’re saying but IU is still a basketball school. The big donors have that basketball passion. So I think it’s easier to get them to pony up for some NIL to meet the market if needed. Football needed to prove it because the passion wasn’t there to begin with. Also, people say this year sucked. But like I said elsewhere, DeVries had half the talent Woody got his final year and had similar results. Give him the same backing Woody got and watch out. That’s the sales pitch I’m sending the donors. Also Ryan Carr has connections to the Simon family because of his years at the Pacers. Their name is on the basketball arena. I’m sure they will help their guy out. 

[Pagoda]

1 minute ago, AZ Hoosier said:

The $10M to $13M jump this year seems reasonable. (Don't see either numbers confirmed anywhere). But it appears that the cost of doing business has risen again this year. Curious if the $3M bump (if those numbers are accurate) if it's really an increase of merely keeping up. This talk of $4-6M for any given player is nuts. There's no way this can continue much longer - how long before the house of cards crashes?

Number confirmations are rare.  There is inflation for sure.  I think inflation adjusted we are still up a little over last season.

Source: trust me bro :-)

[8bucks]

4 minutes ago, WayneFleekHoosier said:

The discussion I’d like to see had is how and through who these NIL payments get paid. For example. Hoosiers for good. Is a not for profit. So, say for a hypothetical example a donor gives HFG 5 million and tells HFG to do what they want with it. They then keep 10% (as an example) then funnel that money to athetes who can actually help the organization (by an appearance). 
 

So you get a tax write off for the extremely wealthy that benefits tha wealthy, benefits the charity, and funds the players all at the same time. 
 

My belief is that this happens at schools. Maybe even Indiana (not necessarily HFG). The dollar amounts can be viewed differently then. 

Hoosier Dentists for Good need to step up is what I have heard. 

[Pagoda]

4 minutes ago, WayneFleekHoosier said:

The discussion I’d like to see had is how and through who these NIL payments get paid. For example. Hoosiers for good. Is a not for profit. So, say for a hypothetical example a donor gives HFG 5 million and tells HFG to do what they want with it. They then keep 10% (as an example) then funnel that money to athetes who can actually help the organization (by an appearance). 
 

So you get a tax write off for the extremely wealthy that benefits tha wealthy, benefits the charity, and funds the players all at the same time. 
 

My belief is that this happens at schools. Maybe even Indiana (not necessarily HFG). The dollar amounts can be viewed differently then. 

Not sure on tax treatment.

But I know overall IU is playing all the NIL “games.”  Our football NIL is impressive.  As an athletic dept we’re like $50M+ in total athlete comp vs the $21M rev share cap.

[Pagoda]

6 minutes ago, Asha’man said:

I get what you’re saying but IU is still a basketball school. The big donors have that basketball passion. So I think it’s easier to get them to pony up for some NIL to meet the market if needed. Football needed to prove it because the passion wasn’t there to begin with. Also, people say this year sucked. But like I said elsewhere, DeVries had half the talent Woody got his final year and had similar results. Give him the same backing Woody got and watch out. That’s the sales pitch I’m sending the donors. Also Ryan Carr has connections to the Simon family because of his years at the Pacers. Their name is on the basketball arena. I’m sure they will help their guy out. 

Big donors see two tourneys in ten years.

Vs. IUFB?  B1G Title, Rose, Peach, Natty.  There is no comparison.  It’s not like we don’t like football, we’ve just never had it.

I think IU is funding MBB pretty darn well.  If they can show a pulse the money will go up because I agree the passion is still there somewhere.

[Hoosierfanyuh]

Numbers are always estimations I think we’re dealing with more than we’re saying and trying to get it on the low. Just my guess 

[Kentuckysucks]

25 minutes ago, Asha’man said:

I get what you’re saying but IU is still a basketball school. The big donors have that basketball passion. So I think it’s easier to get them to pony up for some NIL to meet the market if needed. Football needed to prove it because the passion wasn’t there to begin with. Also, people say this year sucked. But like I said elsewhere, DeVries had half the talent Woody got his final year and had similar results. Give him the same backing Woody got and watch out. That’s the sales pitch I’m sending the donors. Also Ryan Carr has connections to the Simon family because of his years at the Pacers. Their name is on the basketball arena. I’m sure they will help their guy out. 

That's the key.  Convincing donors that they will get a good return on their investment.  If we were guaranteed to make the FF next year I'm confident Dolson would have no issues raising $20M.  

[Golfman25]

1 hour ago, rayl456 said:

How does anyone know what amount of money is available?  Has IU come out and openly stated the figure?  I’m just asking out of plain old senile ignorance.  LOL

Most of it is just rumors.

[Golfman25]

54 minutes ago, WayneFleekHoosier said:

The discussion I’d like to see had is how and through who these NIL payments get paid. For example. Hoosiers for good. Is a not for profit. So, say for a hypothetical example a donor gives HFG 5 million and tells HFG to do what they want with it. They then keep 10% (as an example) then funnel that money to athetes who can actually help the organization (by an appearance). 
 

So you get a tax write off for the extremely wealthy that benefits tha wealthy, benefits the charity, and funds the players all at the same time. 
 

My belief is that this happens at schools. Maybe even Indiana (not necessarily HFG). The dollar amounts can be viewed differently then. 

Wasn’t the a proposal or rule that the NIL deals would be reviewed for commercial viability.  In other words they would have to at least appear to be legitimate.  Not just a few million for a “no show” job.  

[Rico]

7 minutes ago, Golfman25 said:

Most of it is just rumors.

[AZ Hoosier]

44 minutes ago, Hoosierfanyuh said:

Numbers are always estimations I think we’re dealing with more than we’re saying and trying to get it on the low. Just my guess 

Going cheap never works out. There's a very fine line between overpaying and missing out by a couple of dollars.

[Golfman25]

3 minutes ago, Rico said:

Fifty percent of the board has no idea what that is.  :  ]

[HoosierDevils]

2 minutes ago, Golfman25 said:

Wasn’t the a proposal or rule that the NIL deals would be reviewed for commercial viability.  In other words they would have to at least appear to be legitimate.  Not just a few million for a “no show” job.  

If I’m not mistaken this is what the Ivy League does. Amounts greater than 5k are reviewed and have to be shown to have a direct commercial purpose. (It’s  what’s gutted Princeton’s program.)

[AZ Hoosier]

4 minutes ago, Golfman25 said:

Wasn’t the a proposal or rule that the NIL deals would be reviewed for commercial viability.  In other words they would have to at least appear to be legitimate.  Not just a few million for a “no show” job.  

Whatever the discussion is/was/will be, this is, pure and simply, pay for play. Period. NCAA be dam*ed.