Started By
Message

re: Can LSU compete in a money war

Posted on 12/20/21 at 9:10 am to
Posted by rob62
Member since Sep 2016
5165 posts
Posted on 12/20/21 at 9:10 am to
No LSU can only afford to buy out coaches for 26.5 million and pay a new coach’s contract at &100,000,000.

Then can only pay a Women’s Basketball Coach $2,500,000.00 to coach a program which loses over 5 million per year.

Then can pay a Baseball Coach 1.5 million.

Of course LSU can afford whatever needed. Lol.

This post was edited on 12/20/21 at 9:11 am
Posted by TigerDM
Baton Rouge
Member since Aug 2013
1609 posts
Posted on 12/20/21 at 9:14 am to
I think the NIL situation among others is why we hired Kelly instead of a younger, less experienced coach. With many of the very highly ranked players getting big NIL money before they have actually proved themselves, we had to have a very experienced coach that is going to hold these players accountable and not just play them because a large booster has paid them allot of money.
Posted by ibldprplgld
Member since Feb 2008
25082 posts
Posted on 12/20/21 at 9:42 am to
quote:

As indicated, we have lots of Tards who think that because we have some wealthy donors, we have unlimited resources…


No school has unlimited resources.

And yes, LSU has money enough to play with the big boys. With NIL rollout, this was a delicate time to have a coaching change, so we’re behind the ball… for now. But you’re either kidding yourself or a negatiger if you think LSU can’t play ball with the best.
Posted by MintBerry Crunch
Member since Nov 2010
4864 posts
Posted on 12/20/21 at 9:57 am to
quote:

now they can disguise these amounts given by big money boosters as tax-deductable dontations to a nonprofit


No they can't. NIL money has to be paid directly to the athlete.
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 12/20/21 at 10:02 am to
Has nothing to do with LSU and everything to do with alumni and donors.

You have to wonder how many of those dudes in LA even agree with the idea of these guys getting paid in the first place
But, yeah. I’m pretty stunned at LSU getting dunked on with it considering how far ahead they were.
Posted by geauxtigers33
Baton Rouge
Member since Jan 2014
13734 posts
Posted on 12/20/21 at 10:02 am to
quote:

To make matters worse, now they can disguise these amounts given by big money boosters as tax-deductable dontations to a nonprofit. So now we have big money tech and oil alumni that can use this as a tax writeoff on top of everything elss.


The money for NIL does not come from the school or any foundation associated with the school. The money is directly from the corporation to the players for a service. So it is not a donation and it is not tax deductible.
Posted by Earnest_P
Member since Aug 2021
3557 posts
Posted on 12/20/21 at 10:07 am to
quote:

We've been doing it for decades. Players have always gotten paid. You think they came to lsu for free when bama and the like offered big $?


I don’t think they were being paid the amount players are getting now. Do you really think that?

And if we can’t compete in this era, boy did we waste a lot of money on a coach.
Posted by ibldprplgld
Member since Feb 2008
25082 posts
Posted on 12/20/21 at 10:07 am to
When I say “school” I include the booster network. Only the NCAA is stupid or oblivious enough to think the schools aren’t directing these payments
Posted by rob62
Member since Sep 2016
5165 posts
Posted on 12/20/21 at 10:09 am to
Look LSU will be fine. What some of you don’t seem to understand is NIL was not the problem.

NIL or no NIL, LSU had a lame duck coaching staff for 3 months during prime recruiting season. Offering NIL to players who don’t know who the Head Coach, OC, DC, and position coaches are is a problem.

It is just that simple.
This post was edited on 12/20/21 at 10:10 am
Posted by geauxtigers33
Baton Rouge
Member since Jan 2014
13734 posts
Posted on 12/20/21 at 10:09 am to
quote:

I don’t think they were being paid the amount players are getting now. Do you really think that?


At the top no but I would bet that 90 percent of the players are getting roughly what they already were.
Posted by Whodat1
Madisonville, LA
Member since Feb 2007
465 posts
Posted on 12/20/21 at 10:13 am to
aTm has 33 billion in endowments
Lsu has 500 million in endowments

Look who has the number one recruiting class the first year NIL hits... its not an accident.

If the endowment money can be funneled to local advertisers we will struggle to compete.
Posted by geauxtigers33
Baton Rouge
Member since Jan 2014
13734 posts
Posted on 12/20/21 at 10:22 am to
After 2022 It will go back to where they can still only sign 25 recruits are transfers a year so as it always has been you just need to be in the top 5 you don’t necessarily have to have the number one class.
Posted by Swampcat
Member since Dec 2003
10266 posts
Posted on 12/20/21 at 10:22 am to
quote:

LSU consistently has one of the 4 or 5 highest paid coaches in football The highest allotment of salary given to assistants One of the highest grossing college football teams in America So yes. Stop with this shite already


This!!!
Posted by Tiger1991
Member since Nov 2008
409 posts
Posted on 12/20/21 at 10:25 am to
No chancd
Posted by BIG CAT
louisiana
Member since Jan 2005
3575 posts
Posted on 12/20/21 at 10:30 am to
if we can pay O 17M To chase Hos we can pay players
Posted by rob62
Member since Sep 2016
5165 posts
Posted on 12/20/21 at 10:31 am to
quote:

aTm has 33 billion in endowments


First A&M’s endowment is approximately
12 billion. Stop making crap up.

Endowments are for specific Academic purposes. They are not for athletics.

LSU Athletics are independent from Academic Funds and I seriously doubt anyone outside of the Administration and Scott Woodward knows how much is available but based on the financial commitment for coaching changes and Football Facilities in just the past 2 years it is obvious there is serious commitment from Major Donors. The sky is not falling.
Posted by Thorny
Montgomery, AL
Member since May 2008
1914 posts
Posted on 12/20/21 at 12:07 pm to
Considering the top boosters, I suspect every top-half Power-5 school has enough money among boosters and alumni (not always the same people) to compete evenly in NIL deals.

It comes down to willpower.

Right now, it looks like A&M is dominant, but only because their boosters were more organized and more willing to spend money right now. Is that going to continue? I'm not so sure.

Consider Bo Nix. Right as NIL started, he signed a deal with Milo's Tea. In the six months since then, living in Montgomery, I've seen exactly 0 ads where Nix is hawking sweet tea. Nothing. Now, he's headed to Oregon, not exactly the hotbed for southern sweet tea.

From an economic stand-point, the money Nix got was wasted by Milo's. Sure, they got some props for supporting the QB at a school very important to their market. But, their money never generated advertisements and didn't ensure their spokesman stayed at that same school.

Somewhere along the line, the businessmen involved will figure out the ROI for NIL won't be as great as they originally thought, and the amount of money on the table will stabilize to a "what are we willing to pay" level. Sure, you will still see some natural players, like sporting goods stores like Tiger Mania or Bama Fever-Tiger Pride ponying out dollars, because having players doing signing sessions at their stores improves their bottom line. But, you're not likely to see the ridiculous deals we see now in recruiting.

More likely is that businesses will provide a relatively small amount during recruiting, and then when a player separates himself, the deals will roll in.

Well, that's my prediction anyway.

GEAUX TIGERS
Posted by Jb1994
Member since Sep 2018
2116 posts
Posted on 12/20/21 at 2:44 pm to
quote:

I don’t think they were being paid the amount players are getting now. 

We will never know this, but I can't imagine boosters are more willing to spend now than they where over the past few years.

quote:

boy did we waste a lot of money on a coach.

I couldn't respectfully disagree anymore. We've tried the trash coach and good recruiting class the last two seasons. It resulted in a .500 record. Coaching absolutely still matters regardless of how much talent. You saw bama slap Georgia around and they'll do it again in January. Jimbo will perpetually be an 8-4 to 10-2 coach
Posted by nitwit
Member since Oct 2007
12266 posts
Posted on 12/20/21 at 2:51 pm to
We were paying a trash coach eight million dollars a year.
Respectfully, we were paying too much for (trash) coaching no matter how you look at it.
Posted by wasteland
City of peace
Member since Apr 2011
5603 posts
Posted on 1/22/22 at 4:56 pm to
What an idiot
first pageprev pagePage 4 of 4Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram