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Post by grayman on Sept 6, 2023 11:46:09 GMT -8
Then some of it should be used to enhance athletic recruiting and retention.
It can't be used for NIL deals but there has to be some allowable ways to take advantage of the payday in this area.
I will say that NIL million for a million plan that looks like a great addition and a major step in the right direction.
Obviously, OSU could spend more on recruiting specialists if that is a need. Marketing?
Any ideas out there?
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ftd
Junior
"I think real leaders show up when times are hard." Trent Bray 11/29/2023
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Post by ftd on Sept 6, 2023 14:39:29 GMT -8
Then some of it should be used to enhance athletic recruiting and retention. It can't be used for NIL deals but there has to be some allowable ways to take advantage of the payday in this area. I will say that NIL million for a million plan that looks like a great addition and a major step in the right direction. Obviously, OSU could spend more on recruiting specialists if that is a need. Marketing? Any ideas out there? paying coaches so they don't bail when we get much lower media revenue? |
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Post by grayman on Sept 6, 2023 14:52:22 GMT -8
Then some of it should be used to enhance athletic recruiting and retention. It can't be used for NIL deals but there has to be some allowable ways to take advantage of the payday in this area. I will say that NIL million for a million plan that looks like a great addition and a major step in the right direction. Obviously, OSU could spend more on recruiting specialists if that is a need. Marketing? Any ideas out there? paying coaches so they don't bail when we get much lower media revenue? I got so focused on recruiting and retention that I overlooked one of the more obvious avenues to take, LOL. For sure, you retain coaches and you have a better chance of keeping a roster intact and continuing to build via recruiting. |
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Post by jrbeavo on Sept 6, 2023 15:25:18 GMT -8
Then some of it should be used to enhance athletic recruiting and retention. It can't be used for NIL deals but there has to be some allowable ways to take advantage of the payday in this area. I will say that NIL million for a million plan that looks like a great addition and a major step in the right direction. Obviously, OSU could spend more on recruiting specialists if that is a need. Marketing? Any ideas out there? The more money the AD has, the less important it is for donors to direct their discretionary $ there and can direct it to private NIL funds. |
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Post by grayman on Sept 6, 2023 15:29:17 GMT -8
Then some of it should be used to enhance athletic recruiting and retention. It can't be used for NIL deals but there has to be some allowable ways to take advantage of the payday in this area. I will say that NIL million for a million plan that looks like a great addition and a major step in the right direction. Obviously, OSU could spend more on recruiting specialists if that is a need. Marketing? Any ideas out there? The more money the AD has, the less important it is for donors to direct their discretionary $ there and can direct it to private NIL funds. Good point. And that absolutely needs to happen to retain guys and keep recruiting at a decent level. |
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ftd
Junior
"I think real leaders show up when times are hard." Trent Bray 11/29/2023
Posts: 2,517
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Post by ftd on Sept 6, 2023 15:38:18 GMT -8
The more money the AD has, the less important it is for donors to direct their discretionary $ there and can direct it to private NIL funds. Good point. And that absolutely needs to happen to retain guys and keep recruiting at a decent level. Check the salaries of P12 Football/Hoops head coaches vs MWC...ugly. I think 9'r is seventh nights paid in the Pac and is about 3x more that Boise State's HC... Tinkle is a about 2.5x SDSU HC... If we can keep paying our HC their current salaries we will be OK, but if we have to drop to MWC amounts...UGGGHHH... Anybody know if the contracts we have with the coaches are based on remaining in a P5 (4) conference? Being on the hoops for Smith/Tinkle/Rueck/Chanam salaries will suck w/o media money Here lies the problem..... |
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Post by Henry Skrimshander on Sept 6, 2023 15:51:46 GMT -8
Put some of it in an endowment. Have to set up some kind of consistent, dependable long-term revenue stream.
NIL money is given, then spent immediately. Donations do not fund coaching salaries, capital projects, or annual operations. To me, it's the least-effective use of my dollar. Other's mileage probably varies.
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Post by drunkandstoopidbeav on Sept 6, 2023 16:02:44 GMT -8
Good point. And that absolutely needs to happen to retain guys and keep recruiting at a decent level. Check the salaries of P12 Football/Hoops head coaches vs MWC...ugly. I think 9'r is seventh nights paid in the Pac and is about 3x more that Boise State's HC... Tinkle is a about 2.5x SDSU HC... If we can keep paying our HC their current salaries we will be OK, but if we have to drop to MWC amounts...UGGGHHH... Anybody know if the contracts we have with the coaches are based on remaining in a P5 (4) conference? Being on the hoops for Smith/Tinkle/Rueck/Chanam salaries will suck w/o media money Here lies the problem..... I think there were articles where Barnes had said he felt coaches' salaries were pretty much secured through the length of the contracts by private donations/assurances. The real question is what happens down the line and keeping coaches if/when other teams come calling. |
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Post by korculabeav on Sept 6, 2023 18:25:46 GMT -8
Then some of it should be used to enhance athletic recruiting and retention. It can't be used for NIL deals but there has to be some allowable ways to take advantage of the payday in this area. I will say that NIL million for a million plan that looks like a great addition and a major step in the right direction. Obviously, OSU could spend more on recruiting specialists if that is a need. Marketing? Any ideas out there? There is no “cash” or magical bucket of gold. Barnes is frustrated the conference isn’t sharing any financial info because it means nothing exists. There is no money to use to leverage for rebuilding a conference, paying to get back into a P4 conference or use for NIL. We are focked and time to plan around the reduced athletic budget. |
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Post by korculabeav on Sept 6, 2023 18:26:35 GMT -8
Put some of it in an endowment. Have to set up some kind of consistent, dependable long-term revenue stream. NIL money is given, then spent immediately. Donations do not fund coaching salaries, capital projects, or annual operations. To me, it's the least-effective use of my dollar. Other's mileage probably varies. What endowment? We are not Stanford. |
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Post by Henry Skrimshander on Sept 6, 2023 19:43:59 GMT -8
Put some of it in an endowment. Have to set up some kind of consistent, dependable long-term revenue stream. NIL money is given, then spent immediately. Donations do not fund coaching salaries, capital projects, or annual operations. To me, it's the least-effective use of my dollar. Other's mileage probably varies. What endowment? We are not Stanford. What endowment? Exactly. Time to start one. Stanford is hardly the only university to have an athletic endowment. |
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Post by bennyskid on Sept 6, 2023 19:46:48 GMT -8
The last I saw, OSU's endowment is over $800 million, with future commitments pushing it well over a billion. I have never seen what, if any, portion of that is dedicated to sports.
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Post by grayman on Sept 6, 2023 20:55:36 GMT -8
Then some of it should be used to enhance athletic recruiting and retention. It can't be used for NIL deals but there has to be some allowable ways to take advantage of the payday in this area. I will say that NIL million for a million plan that looks like a great addition and a major step in the right direction. Obviously, OSU could spend more on recruiting specialists if that is a need. Marketing? Any ideas out there? There is no “cash” or magical bucket of gold. Barnes is frustrated the conference isn’t sharing any financial info because it means nothing exists. There is no money to use to leverage for rebuilding a conference, paying to get back into a P4 conference or use for NIL. We are focked and time to plan around the reduced athletic budget. Not sure where you're getting the info that is no cash. That's patently false. The Pac-12 is due NCAA men's basketball tournament payouts, CFP payouts and have two years left on the Rose Bowl contract with ESPN. There are also non-cash assets that could be liquidated. There will be money coming in. The big question is whether or all the available money will go to Oregon State and WSU as the Pac-2 or all the teams that made up the Pac-12 through 8/1/24 (IIRC on the date). Then there is the question of how much is actually going to be available. |
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Post by orangeattack on Sept 6, 2023 21:37:03 GMT -8
There is no “cash” or magical bucket of gold. Barnes is frustrated the conference isn’t sharing any financial info because it means nothing exists. There is no money to use to leverage for rebuilding a conference, paying to get back into a P4 conference or use for NIL. We are focked and time to plan around the reduced athletic budget. Not sure where you're getting the info that is no cash. That's patently false. The Pac-12 is due NCAA men's basketball tournament payouts, CFP payouts and have two years left on the Rose Bowl contract with ESPN. There are also non-cash assets that could be liquidated. There will be money coming in. The big question is whether or all the available money will go to Oregon State and WSU as the Pac-2 or all the teams that made up the Pac-12 through 8/1/24 (IIRC on the date). Then there is the question of how much is actually going to be available. I believe the concern is that there is no actual cash because the liabilities outweigh the assets. The Pac12 is in the middle of a few sticky legal battles currently which may have a fair bit of exposure to risk. |
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Post by grayman on Sept 6, 2023 21:57:50 GMT -8
That's part of what I was getting at with the how much of it will be available question.
But one of the lawsuits in question is directed at USC and names the Pac-12..it's possible that nothing at all will come out of that one.
But the overall point is we know for a fact that there is money that will be paid out.
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