Bayou Traditions Question

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Do you know if they have any administration fees and if so how much?

Do they offer any type of reporting as to who and how much they are funding?

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Good questions which I don't know the answer to. However, there is a "Contact Us" link on the BT homepage. When you click on it (at the top center of the page) a new page opens which gives you the opportunity to ask them questions. You might give that a try.

Bayou Traditions Collective Home Page

I signed up for the natty club 20$, but haven’t been charged yet. It’s super confusing, says it could go up to 45$ if you use the discount shopping links. I don’t know. Just take my money but give me some merch is all I want

Keep us posted on what they say if you don’t mind! ..I’m thinking about doing a monthly subscription as well.

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there is no real way to know what the market for collectives or for NIL really looks like.

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For collectives that operate as 501(c)(3) nonprofits, I believe their financials are public record. I’m not sure if any of them have been around long enough yet for those financials to actually be disclosed but I presume we will eventually see figures from at least some of them.

That being said, the IRS said last year that many (most?) of the NIL collectives applying for 501(c)(3) exemption don’t qualify for tax exemption because their charitable missions aren’t actually their primary purpose. So I’m also not sure how this will effect disclosure.

I think we’ll eventually have enough data between public records and voluntary disclosures to have some idea of the overall landscape, but that will take time and it’ll probably be a very incomplete picture.

I found an old link (January 30, 2023) from NOLA.com which goes into some detail about the creation of Bayou Tradition Collective.

I don't think it answers your specific questions but it does explain how the Collective works in coordinating its activities with LSU and what it is prohibited from doing.

NOLA.com 1/30/23

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I think we’ll eventually have enough data between public records and voluntary disclosures to have some idea of the overall landscape, but that will take time and it’ll probably be a very incomplete picture.

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I think the last clause there is very important. To think there won’t be more loopholes would be naive — NIL itself is a loophole.

And a virtually unregulatable, zero-sum market (only one team can win it all) will hypothetically inflate to limit of supply.

So recruiting budget will depend on a combination of local population, local economy, and big donors (the issue with big donors though, a lot of that money used to go to Athletic Departments).