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re: Would you support a fan supported NIL cooperative, if it helped LSU land more talent?
Posted on 1/7/24 at 6:49 pm to SwampyWaters
Posted on 1/7/24 at 6:49 pm to SwampyWaters
It’s interesting how confused people are by NIL.
The school does not participate in funding NIL. It only benefits from the potential talent. The school does not cut the deals with business to get funding and they don’t cut deals with players to give them money.
Funding NIL comes generally in 2 forms:
1Business to player- business does a deal directly with a player.
2.Collectives like Bayou Traditions where businesses cut deals with collective fund and the fund cuts deals with players. These funds are run by outside people- not the school.
The latter often supports supporting and backup players but certainly not exclusively
Where teams are really benefiting from nil is not so much on the star players but on the other non “star” players and backups.
When it comes to overall funding for nil, lsu is woefully behind. So is Alabama and lots of other sec schools. Sure we have some highly paid athletes like Livy dunne and Jayden Daniels buts relatively top heavy. it’s the supporting cast that are not getting the deals that they could get elsewhere. That’s why depth is and will continue to be an issue unless nil gets revised or we somehow find more business willing to step up.
what has happened in some area is fundraising fatigue. Schools want money, athletic departments want money, and now players want money either directly or from a fund. Not many markets have the deep pockets
The school does not participate in funding NIL. It only benefits from the potential talent. The school does not cut the deals with business to get funding and they don’t cut deals with players to give them money.
Funding NIL comes generally in 2 forms:
1Business to player- business does a deal directly with a player.
2.Collectives like Bayou Traditions where businesses cut deals with collective fund and the fund cuts deals with players. These funds are run by outside people- not the school.
The latter often supports supporting and backup players but certainly not exclusively
Where teams are really benefiting from nil is not so much on the star players but on the other non “star” players and backups.
When it comes to overall funding for nil, lsu is woefully behind. So is Alabama and lots of other sec schools. Sure we have some highly paid athletes like Livy dunne and Jayden Daniels buts relatively top heavy. it’s the supporting cast that are not getting the deals that they could get elsewhere. That’s why depth is and will continue to be an issue unless nil gets revised or we somehow find more business willing to step up.
what has happened in some area is fundraising fatigue. Schools want money, athletic departments want money, and now players want money either directly or from a fund. Not many markets have the deep pockets
This post was edited on 1/7/24 at 7:30 pm
1
Posted on 1/7/24 at 7:15 pm to SlidellCajun
When it comes to collectives, here are the top
Tennessee - Spyro sports group
They also have the volunteer club
Txamu- 12th man fund
Oregon- division street fund
Texas- Texas one fund.
They recently held an event in New Orleans that required 100,000 entry fee. It was over booked.
Members of the fund have guaranteed offensive linemen at least 50,000 a year
Miami- John Ruiz/canes collective..
Fla state- the battles end.
USC- house of victory fund. They regularly host events that cost 1,500 per head or $25,000 per table.
Arkansas- one Arkansas nil fund.
Ole miss - the grove fund.
West Virginia- country roads fund. Heavily focused on basketball.
Texas tech- matador fund.
Auburn- on to victory fund.
Michigan- valiant/ champions circle.
Georgia- classic city fund.
Washington- Mondale futures.
Notice teams absent from the list. LSU, bama, Florida, and other premier sec schools don’t even hit the radar.
These collectives gather sponsorship from business local and nationally and then cut deals with the athletes. The numbers are in the 10’s of millions but will be reaching hundreds of millions per program in the next few years.
Sometimes the money follows the player and sometimes the player follows the money. It’s a Wild West situation right now but one thing is for sure- it favors bigger markets where there is a lot of deep pockets to hit locallly.
Baton Rouge and Louisiana simply does not have that.
Tennessee - Spyro sports group
They also have the volunteer club
Txamu- 12th man fund
Oregon- division street fund
Texas- Texas one fund.
They recently held an event in New Orleans that required 100,000 entry fee. It was over booked.
Members of the fund have guaranteed offensive linemen at least 50,000 a year
Miami- John Ruiz/canes collective..
Fla state- the battles end.
USC- house of victory fund. They regularly host events that cost 1,500 per head or $25,000 per table.
Arkansas- one Arkansas nil fund.
Ole miss - the grove fund.
West Virginia- country roads fund. Heavily focused on basketball.
Texas tech- matador fund.
Auburn- on to victory fund.
Michigan- valiant/ champions circle.
Georgia- classic city fund.
Washington- Mondale futures.
Notice teams absent from the list. LSU, bama, Florida, and other premier sec schools don’t even hit the radar.
These collectives gather sponsorship from business local and nationally and then cut deals with the athletes. The numbers are in the 10’s of millions but will be reaching hundreds of millions per program in the next few years.
Sometimes the money follows the player and sometimes the player follows the money. It’s a Wild West situation right now but one thing is for sure- it favors bigger markets where there is a lot of deep pockets to hit locallly.
Baton Rouge and Louisiana simply does not have that.
This post was edited on 1/7/24 at 7:49 pm
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