Yep. I made maybe 5000 dollars every summer working a job at UVa (big money in 1989-1993) and UVa gave me a grant in aid for 4 years to play basketball. I identify soley with UVa 31 years later and thats special
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Has anyone posted this yet? It seems like FSU is hanging Leonard Hamilton out to dry, but he probably should have known better than personally promising to fund raise NIL. What a shit show the NCAA has created with all of this.
When Coach Hamilton proves they didnt do the work to get the āpromisedā NIL it will make me happy. Now if these players were out doing appearances and podcasts etc for their NIL it becomes a different story
Lawyers reaching here is my guess
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Fantastic article in The Athletic is relevant here:
Itās Getting Ugly
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Youāre probably right, but regardless of outcome, itās an indictment of the current environment that the head coach 1) felt that he needed to personally hit up business partners to raise money to keep his players happy and 2) also has to deal with the hassle of a lawsuit as a result of the first.
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Just read that the Dartmouth players withdrew their unionization effort, in recognition of current political realities at the NLRB.
So those of you who think that collective bargaining would be one of the possible tickets out of our current broken system will have to wait at least 4 more years.
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Maybe a little deceiving, I donāt know. Thatās based on a article that was floating around the other day. VCU said theyāll have $4-5 million available for players through revenue sharing. PR they want out there. Available and using are different thingsā¦depends who the players are most likely.
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Got to imagine they wanna keep at least a little cash on hand incase of a late addition or other random college basketball activity
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Yeah, I was/am surprised that became such a story. But the PR strategy worked. Every national college hoops outlet has run with it.
āLocal school is gonna do the thing they can now do. Details at 11.ā
Once you dig in, thereās sort of an interesting story about hoops only schools, post House, but that takeaway will be buried.
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Itās good PR, given that if the football schools stick to a similar distribution for revenue sharing as the proposed House settlement backpay formula (which most are anchoring on), they will be spending around $3.6 mil on menās basketball. Basing that on what Texas Tech has said about their revenue sharing plan:
In a joint interview Friday, Hocutt and deputy AD Jonathan Botros said Tech will distribute about 74% to football players, 17-18% to menās basketball, 2% to womenās basketball, 1.9% to baseball and smaller percentages to other sports. In dollar amounts, itās about $15.1 million to football, $3.6 million to menās basketball and less than $500,000 each to the other teams
I wonder if there will be a race to get some collective deals across the line before the clearinghouse kicks in.
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Lo Davis said heād be focused on the legit/traditional NIL stuff going forward. But Iām not sure about the temporal element.
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If there is a donor who has given Tony Elliott a huge donation to go out and employ football talent (we are seeing first hand the players we are getting from the money), I would think theres at least 10 donors out there who would do the same for menās basketball. We just have to have a coach who is on board with this method and reasoning like a Nate Oats. Heās getting kids because heās paying these kids not because Alabama basketball is a lucrative brandā¦
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Basketball has the money it needs ātaken care ofā
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Letās be real, NIL isnāt the issue with this squad. We are paying TJ Power multiple six figs. We offered Trent Perry and Aidan Maheny $300k plus to sign. Thatās my concern about if we were to keep Ron. Even if it was all Tonyās fault we put together a crappy roster despite the fact that we were seemingly willing to throw money at guys. You need to make sure you are pursuing and paying the right guys.
I love what weāre seeing with football. It gives us (aka CavFutures) a blueprint for how to use NIL successfully for basketball. We should be even more successful at using NIL as a tool for good with hoops.
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Yup college programs will find out just like the pros have that money canāt fix everything. You still need to build a talented team and scout etc to get the right pieces.
Not to code switch but you think Oklahoma and Michigan arent spending on NIL or even worst Oklahoma st? All 3 spent loads of money and all 3 failed to land the right players and in the Cowboys case they ended up with the same record as the hoos despiste outspending Virginia likely 3-1.
Thereās plenty of evidence that UVa paid well with NIL @HoozGotNext has referenced it numerous times. But when you spend on the wrong pieces it doesnāt matter how much you spend.
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upper mid I think. From what I heard, his price was setā¦no negotiating. You either agreed or didnāt bother to recruit him. A lot of transfers (agents?) take that approach.
I think Perry was probably around $250, he was trying to squeeze more so maybe 300. Mahaney was more like 6-700. He supposedly took less than he was asking to go to UConn.
Seems like money makes a lot of difference in getting mid level transfers. I think thatās what weāre seeing in football. With the new funding, combined with on-field opportunity, suddenly itās easy to get lots of good players. Same in hoopsā¦it made Saunders and Dai Dai easy to get. But the higher up the ladder you go, itās becomes more of just a prerequisite to be considered and less of a factor in the actual decisions.
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Not being a mathemetician but that says 7 fitty to me
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God help us if weāre paying TJP anywhere close to that.
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