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re: Ross Dellenger article on LSU’s NIL Fund

Posted on 3/14/25 at 9:02 am to
Posted by Chalkywhite84
New orleans
Member since Dec 2016
33869 posts
Posted on 3/14/25 at 9:02 am to
LSU’s collective spent roughly $12 million on its football roster over the last three seasons — combined. For comparison’s sake, the Ole Miss collective spent about $13 million on its roster — last season.


This is all you have to take from the article. Where are all the people claiming lsu wasn't poor when it came to nil?
Posted by Lakeboy7
New Orleans
Member since Jul 2011
28240 posts
Posted on 3/14/25 at 9:03 am to
quote:

claiming lsu wasn't poor when it came to nil?


LSUs fan base is poor, no doubt about that.
Posted by JimTiger72
Member since Jun 2023
16230 posts
Posted on 3/14/25 at 9:05 am to
Safe to say NIL for football is well funded… so no problem giving a little extra to basketball next season. Probably won’t help much, but they weren’t lying about increasing NIL
Posted by Tifway419
Member since Sep 2022
1773 posts
Posted on 3/14/25 at 9:08 am to
quote:

LSU’s collective spent roughly $12 million on its football roster over the last three seasons — combined. For comparison’s sake, the Ole Miss collective spent about $13 million on its roster — last season.
And we still beat their arse.
Posted by CatfishJohn
Member since Jun 2020
18999 posts
Posted on 3/14/25 at 9:13 am to
Texas early on just gave something like 100k to every offensive lineman like a salary.
Posted by baytiger11
Member since Jul 2020
2272 posts
Posted on 3/14/25 at 9:17 am to
quote:

You think Gordon got a bunch more business by spending $2 million on LSU players?
probably not but it was at least transactional in principal, like what NIL was intended to be. they still had obligations to fulfill, even if they were small. Commercials, photo shoots for advertising, etc. putting their face out there with his logo.
Now it’s just finding the next billionaire who can write them a bigger check.
Posted by JimTiger72
Member since Jun 2023
16230 posts
Posted on 3/14/25 at 9:20 am to
quote:

Episcopal guy who went to Dartmouth and lives in the Bay Area.

quote:

a 50-year-old private equity executive in San Francisco worth billions fielded a phone call from someone in South Louisiana.

“Holden,” the voice on the other side said, “Can you help?”

Every fundraising effort has to start somewhere.

This one, in particular, began with Holden Spaht, a Harvard Business School graduate, Baton Rouge native and a mostly unknown figure who has worked in the shadows for years, with a small handful of others, to fund LSU football’s name, image and likeness (NIL) efforts.

quote:

Carlos Spaht, general counsel and former co-manager of the LSU collective Bayou Traditions.

Seems like a smart hire
Posted by JimTiger72
Member since Jun 2023
16230 posts
Posted on 3/14/25 at 9:22 am to
quote:

The cash flow — a majority of it from three to five donors


Thank you Holden Spaht, Pepper Rutland, Todd Graves, Gordon McKernan, Russell Moseley, & others
This post was edited on 3/14/25 at 9:30 am
Posted by LSBoosie
Member since Jun 2020
17049 posts
Posted on 3/14/25 at 9:26 am to
quote:

I think Gordon has more money than he knows what to do with and just wanted to get involved.

Right, by paying players to play at LSU. He was doing the same thing as the billionaires at A&M, Oregon, and Miami, he just doesn't have nearly as much money. Every school knew it was pay to play when it all started. Many schools just underestimated how much money it would take to be competitive. LSU thought they could get by with using Gordon, Graves, and other local guys and they were wrong.
This post was edited on 3/14/25 at 9:28 am
Posted by LSBoosie
Member since Jun 2020
17049 posts
Posted on 3/14/25 at 9:30 am to
quote:

probably not but it was at least transactional in principal, like what NIL was intended to be. they still had obligations to fulfill, even if they were small. Commercials, photo shoots for advertising, etc. putting their face out there with his logo.
Now it’s just finding the next billionaire who can write them a bigger check.

They still have obligations to fulfil. If they didn't, it would be pay-for-play, which is illegal. The difference is instead of getting $100k for an appearance, they get $1,000,000 for an appearance.
Posted by LSUminati
Member since Jan 2017
4040 posts
Posted on 3/14/25 at 9:38 am to
quote:

lad we are upping the money so maybe we can compete
It’s a shame that football has come to this

I've never felt more casual about college football than I do now, by a lot.
Posted by OJsLifeCoach
NYC
Member since Aug 2023
2887 posts
Posted on 3/14/25 at 9:50 am to
quote:

Glad to see it but it’s a damn shame college football has come to this.


Just be happy you root for a school than can keep up. Must suck for so many other fanbases
This post was edited on 3/14/25 at 4:12 pm
Posted by cbree88
South Louisiana
Member since Feb 2010
9769 posts
Posted on 3/14/25 at 9:56 am to
quote:

We can have an unlimited budget, but it’s still BK who has to prepare these guys


We have a future hall of fame college football head coach on our sidelines, and yet there are thousands of idiots in our fanbase who treat him like he’s Curly Hallman and think it’s impossible to win with him.

Never change, LSU fans. Never change


Try to think of him as Andy Reid. Most people thought he was just a good coach who just couldn’t win the big game for the first 20 years of his career. That finally changed when he got Patrick Mahomes and won the Super Bowl. There’s a bunch of revisionist history out there now acting as if everyone always knew Reid was a championship caliber coach when it was actually just the opposite.
This post was edited on 3/14/25 at 10:02 am
Posted by BilJ
Member since Sep 2003
162089 posts
Posted on 3/14/25 at 9:57 am to
quote:

frick these entitled 18-20 year olds demanding money like this


too much money involved in the last 10-15 years with the TV contracts getting absurd to expect them to not want a cut...and rightfully so

The current system sucks but its a direct result of greedy universities wanting to hoard for as long as possible instead of accepting the inevitable
Posted by Wichita Co Tiger
Texas
Member since Apr 2023
3739 posts
Posted on 3/14/25 at 9:58 am to
quote:

I've never felt more casual about college football than I do now, by a lot.


Same. Pretty much feeling about it like I do the nfl. I’ll cheer for the uniform but sadly aware that the players aren’t invested in the team or program. It’s just business
Posted by cbree88
South Louisiana
Member since Feb 2010
9769 posts
Posted on 3/14/25 at 9:59 am to
quote:

For years, LSU’s NIL fund trailed its SEC peers.


How do we know this is actually true?

I hate articles like this that treat suspicions and opinions and facts when in actuality no one except a select few people within the program knows how much money we’ve had in NIL since 2021.
Posted by GeauxLSU4
New Orleans
Member since Feb 2012
11974 posts
Posted on 3/14/25 at 10:03 am to
quote:

They still have obligations to fulfil

Do they? Please show me all of the obligations the LSU football roster is fulfilling

quote:

If they didn't, it would be pay-for-play, which is illegal.

Illegal according to whom? The NCAA has no jurisdiction in the NIL world. The Supreme Court already told them so.
Posted by JimTiger72
Member since Jun 2023
16230 posts
Posted on 3/14/25 at 10:08 am to
quote:

I hate articles like this that treat suspicions and opinions and facts when in actuality no one except a select few people within the program knows how much money we’ve had in NIL since 2021.


Except they have the facts…
quote:

The $13 million is more than the collective distributed the past three football rosters combined: $5.5 million last year, about $4 million in 2023 and $2 million in 2022.
Posted by MontanaTiger
Montana
Member since Oct 2008
3938 posts
Posted on 3/14/25 at 10:22 am to
quote:

He expects NIL to continue to exist in the revenue-share era as programs attempt to exceed the revenue-share cap by finding authentic deals for their athletes.


Does this mean that revenue-sharing and NIL will exist side-by-side? Seems like there still will be no actual ‘salary cap’. The rich schools will still be able to out-spend everyone else. Doesn’t seem like this really changes anything.
Posted by JiminyCricket
Member since Jun 2017
5960 posts
Posted on 3/14/25 at 10:29 am to
quote:

We have a future hall of fame college football head coach on our sidelines, and yet there are thousands of idiots in our fanbase who treat him like he’s Curly Hallman and think it’s impossible to win with him.

Never change, LSU fans. Never change


Try to think of him as Andy Reid. Most people thought he was just a good coach who just couldn’t win the big game for the first 20 years of his career. That finally changed when he got Patrick Mahomes and won the Super Bowl. There’s a bunch of revisionist history out there now acting as if everyone always knew Reid was a championship caliber coach when it was actually just the opposite.



I remember vividly philly fans aching to fire Reid because he "could never get over the top."
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