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It appears that the reality of big money

Posted on 11/23/24 at 7:53 am
Posted by champj3
New Orleans
Member since Feb 2010
288 posts
Posted on 11/23/24 at 7:53 am
College football NIL has landed. LSU really can’t compete in this space with extremely wealthy schools. We aren’t the Yankees or Dodgers payroll, yet we aren’t the Athletics either.

Somewhere in the upper middle class. We will have to win with heart and great coaching.

Situation normal! LSU has always been in this spot.
Posted by dstone12
Texan
Member since Jan 2007
35287 posts
Posted on 11/23/24 at 7:54 am to
The coaching needs to be on discount.


The two need to match.


Can’t imagine paying 10mm for another shite year.
Posted by Lester Earl
3rd Ward
Member since Nov 2003
284889 posts
Posted on 11/23/24 at 7:59 am to
quote:

LSU really can’t compete in this space with extremely wealthy schools


How is the recruiting class so good then
Posted by Coonass
Buckhead
Member since Sep 2005
2785 posts
Posted on 11/23/24 at 8:04 am to
And money is relative.

Louisiana has wealth too. Just as much as other schools. All you need is one Uber wealthy alum who wants to support the school. $50m per year is nothing when your worth hundreds of millions, and plenty (relatively speaking) LSU grads are in that level
Posted by Lester Earl
3rd Ward
Member since Nov 2003
284889 posts
Posted on 11/23/24 at 8:07 am to
LSU is an attractive place thru many different avenues. A singular loss is not concerning but when you lose 3 in a row that likely is going to change the perspective of sone teenagers, especially one from way outside the region
Posted by LSUtwolves
Member since Jun 2016
1069 posts
Posted on 11/23/24 at 8:33 am to
quote:

$50m per year is nothing when your worth hundreds of millions,


Are you fricking retarded
Posted by ibleedprplngld
Lafayette, LA
Member since Jan 2012
4514 posts
Posted on 11/23/24 at 8:42 am to
What’s really concerning is that Underwood is basically resetting the market for a QB at the college level by taking the Michigan gig. EVERY top tier QB out of high school is going to be looking for $2-3M a season from here on out. There’s about to be a massive swing away from HS QBs to proven portal guys, imo. And honestly, for a school like LSU, you’re better off going portal hunting for a QB and dumping your NIL money into skill players.
Posted by 1984Tiger
North Carolina
Member since Apr 2006
7580 posts
Posted on 11/23/24 at 8:49 am to
It’s been here for a couple of years … just ask UF, Miami, UT, etc. who have either dished out big bucks or been bitten by big bucks trying to land the stud QBs. LSU just hadn’t really been in the running until this year.
This post was edited on 11/23/24 at 9:07 am
Posted by The Eric
Member since Sep 2008
22681 posts
Posted on 11/23/24 at 8:53 am to
The fact of the matter is, a multi-billionaire like Phil Knight or The oracle guy could easily buy the top recruits at every position for the foreseeable future.

They could easily create an NIL trust that once it is funded ends up funding itself for the rest of time. They could then buy what they need every year.

This is a problem.

I’m all for capitalism but in the world of sports there has to be some parity.

It’s going to get old watching Texas/Oregon/Michigan buy their way to the final every year.

Posted by mpwilging
Punta Gorda Isles, Florida
Member since Jan 2011
8766 posts
Posted on 11/23/24 at 8:56 am to
quote:

$50m per year is nothing when your worth hundreds of millions, and plenty (relatively speaking) LSU grads are in that level
You know that to clear $50m as an uber wealthy person, you have to make almost double that amount. Making that kind of money isn't easy after the governments (fed, state & local) take their share. This is a foolish take Coonass.
Posted by The Eric
Member since Sep 2008
22681 posts
Posted on 11/23/24 at 9:04 am to
Yeah. I’m hoping he meant 50 million a year is nothing when you’re worth hundreds of billions of dollars.

And like I previously said. If you create a trust that is invested properly you should have enough to fund NIL for the foreseeable future. It’s why you will see teams like ND, Michigan, Texas flourish in the coming years.

Heck Vandy could potentially end up a football powerhouse if they can recognize the landscape.
Posted by lsufanva
sandston virginia
Member since Aug 2009
13084 posts
Posted on 11/23/24 at 9:10 am to
It's not a matter of being unable to compete. Of course we can't compete with some other programs if we are talking pure wealth. That's not what the Underwood situation really was about. It was really about market value. We can compete as long as the values stay within the parameters of market value. See our class. Hard to say we can't compete when we consistently have top 10 classes, even top 5, in the NIL era. The issue is that there will always be someone out there willing to "overpay" the market. Michigan went beyond the market by a great deal. It's an outlier.

If it were purely about total wealth, Texas, TAM and even the Ivy League schools would dominate the landscape. They don't. Curves generally eliminate the highest and lowest score to determine the median. The reason, outliers. You don't judge the masses by the actions of the individual. Texas had every opportunity to match or better the amount Oregon is paying DK Moore. They chose not to, not because they couldn't, but because they didn't want to reset the market. Same applies in the Underwood situation in my opinion. Michigan reset the market, we chose not to.
GA Tech reset the market for an OT with the million they are gonna give Petty. Other schools have to adjust to that as other kids now know what he's getting. Same will apply to the Underwood deal. Most schools will choose not to ante up at that level. Considering the tremendous amount of negatives far outweighing the positives, they will choose so wisely.

Our gripe with LSU in the Underwood situation shouldn't be, and likely isn't, about us choosing not to give 3 million per, with the player holding all power in renegotiations yearly, to Underwood but instead with the incessant talk that we'd match any offer made. They lied plain and simple. That doesn't imply they made the wrong decision.

The biggest gripe overall is the lack of any semblance of trust being put into anything any of these kids or their parents say or any thing an insider reports. It's a tough to accept that the entire charade is a con job by all involved and that we continue to fall for it even knowing that. Underwood is to LSU fans what covid was to most Americans, the wakeup call. Anyone that chooses to continue being bamboozled deserves the angst they will inevitably have in the end.

Just my opinion
Posted by ibleedprplngld
Lafayette, LA
Member since Jan 2012
4514 posts
Posted on 11/23/24 at 9:35 am to
quote:

The fact of the matter is, a multi-billionaire like Phil Knight or The oracle guy could easily buy the top recruits at every position for the foreseeable future.


LSU has a prominent Alum with that same level of power in Todd Graves. I think it’s more about the collectives and how they chose to distribute funds.
Posted by tigerbait1.6
Baton Rouge
Member since Feb 2013
4183 posts
Posted on 11/23/24 at 9:39 am to
Why do people keep saying LSU doesn’t have the money. We have LARGE boosters. Boosters after the Kentucky blowout a few years back were at the team hotel writing blank checks to get O out. Money is not an issue for us. It’s what we decide to do with that money that’s the issue
Posted by Amused Lurker
Atlanta
Member since Dec 2015
1855 posts
Posted on 11/23/24 at 9:48 am to
Assuming LSU fires Kelly, LSU will still have to pay $10m per year for a head coach or hire a coordinator willing to step in for less. Brian Kelly is not the highest paid coach and the pool of candidates who the school would entertain are all making close to that figure now. I don’t understand this thought that LSU won’t be paying $10m per year. Coaches have agents….
Posted by dstone12
Texan
Member since Jan 2007
35287 posts
Posted on 11/23/24 at 9:51 am to
I think going forward LSU will backload a contract.

No need to just will 10mm to a guy. They need to earn the incentives just like we all do.
Posted by Shameless
Member since Jan 2017
907 posts
Posted on 11/23/24 at 9:55 am to
quote:

LSU just hadn’t really been in the running until this year.


Pre-NIL I think but I remember LSU being in it for Caleb Williams, up to a certain point at least. Was he ever committed to LSU? Can’t recall
Posted by Alt26
Member since Mar 2010
32054 posts
Posted on 11/23/24 at 10:02 am to
It’s a matter of figuring out how to be most efficient with the money. I know BK is getting a ton of shite, but from a business perspective I understand him not wanting to overpay for an average DT, or pay a megaton for an unproven QB.

The NFL got to that point with rookie QBs. The market forced teams to pay a ton to 1st round QBs. Many times the teams didn’t get a ROI and it cratered their salary cap for years.

QB is the most important position. But you still have to have good players elsewhere. I have no doubt LSU set a very reasonable number for the top QB prospect…with the understanding they still have to pay other players and didn’t want to let one guy inflate the entire market for the team. A desperate Michigan paid more for a hometown kid. One that will get a lot of front end money with literally nothing to tie him to the school beyond 1 season (if that). The data is becoming clear that you can win at a high level with a proven, experienced transfer QB if you have the team around him. Maybe the better approach for LSU will be to reserve funds for a proven commodity at some positions and not blow it all on more fickle/unproven HS recruits
Posted by RGT
Member since Aug 2024
590 posts
Posted on 11/23/24 at 11:43 am to
Hasn`t anyone paid attention to LSU over the years.All this BS about
having no money is nonsense.It has allways come down to what they want
to spend the money on.Bk has said he isn`t getting into bidding wars with
these players.He understands he has to fill a 85 man roster and having to
take into consideration the mindset of the whole team,not 1 player.You
better be very careful paying 1 guy 10 mil and everybody else chump change. Its all about balance in your program.
As far as the money ,how many times when LSU needed $ to payoff coaches
have they come up with it.Everytime thats how many.They have it if they
want to spend it.
Posted by nwallb9
Member since Oct 2024
135 posts
Posted on 11/23/24 at 12:06 pm to
The big buyouts for coaches really need to stop.
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