Re: Understanding the NIL
Posted: Fri Mar 15, 2024 8:12 pm
I can remember when college basketball was fun. Right now, I have a headache.
Why not give it to a player directly?DeanDome88 wrote: ↑1 month ago Each individual fan should do what they are comfortable with. Personally, I am not going to go back to work to fund the NIL contract of a great college basketball player. The program needs all the fans it has and more. I would never throw shade at someone for just buying tickets and doing 50/50 raffles, visiting the concession stands etc like most fans participate in. The athletic department needs all the revenue it can get. I would not mind if contributions to the NIL collective determined seat availability. In the past, it looked like the NCAA was not going to let that happen. I have not kept up on that point although URI already factors in donations to the athletic department.
I have always attended URI sporting events when I have lived in the local area. I have had season tickets in the past for several years of awful basketball and some quite entertaining football. We cut back to a 5 game package this past season for basketball because of my brother's work schedule but really have enjoyed the football games in the fall. I have never gone to a season ticket holder event for either sport because frankly that stuff does not float my boat. Never picked up my Archie Bobble Head either because I did not want one. I enjoy the games and of course it is much funner when we can beat good competition.
I'm aware that the URI basketball ticket prices would be very good if the team was actually decent and feel like football is a bargain. I'm also fairly certain they will take us for every last dollar they can get once the basketball team improves. Ticket prices could easily double before the end of this decade.
It really is a college basketball arms race and even if you do not think it is already a bit ridiculous eventually it may get to a point that you think is too much. I'm grateful to all of the people who want to participate in that race but quite honestly before I ever gave 30 grand a year or more to the program I'd be heading to Boston to watch the Celtics and some of the best players in the world.
I'm still deciding how much I am willing to contribute to the Collective but it is not going to be some crazy amount.
Yea, I for one want my monthly contribution to go 100% to men’s basketball but there doesn’t seem to be a way to assure that as of now.NYGFan_Section208 wrote: ↑1 month agoGot it. Does the donor get to decide if their RE donation goes to men's or women's hoops? If so, and all want their cash to go to the men's team, will the collective face Title IX problems?LoveThoseRams wrote: ↑1 month agoRhody Excellence is the collective for women's and men's basketball only. Other teams can and some do have their own NIL group.NYGFan_Section208 wrote: ↑1 month ago
So, who directs the money? Who decides if it goes to football, or mens hoops, or women's hoops? The coach(es)? The AD? The Collective?
#scam
They should do it like golf outing prizes...you buy a bunch of tickets and put them in the bag of the prize you want most.
You go online to the collective and you donate money directly to whatever player you want.
#scam...scam to make some fans feel goodRhody15 wrote: ↑1 month agoYea, I for one want my monthly contribution to go 100% to men’s basketball but there doesn’t seem to be a way to assure that as of now.NYGFan_Section208 wrote: ↑1 month agoGot it. Does the donor get to decide if their RE donation goes to men's or women's hoops? If so, and all want their cash to go to the men's team, will the collective face Title IX problems?LoveThoseRams wrote: ↑1 month ago
Rhody Excellence is the collective for women's and men's basketball only. Other teams can and some do have their own NIL group.
How is the collective a scam? Do you want a good basketball team? The money will go to the right places all to benefit the university of Rhode Island athleticsNYGFan_Section208 wrote: ↑1 month ago#scam...scam to make some fans feel goodRhody15 wrote: ↑1 month agoYea, I for one want my monthly contribution to go 100% to men’s basketball but there doesn’t seem to be a way to assure that as of now.NYGFan_Section208 wrote: ↑1 month ago
Got it. Does the donor get to decide if their RE donation goes to men's or women's hoops? If so, and all want their cash to go to the men's team, will the collective face Title IX problems?
It's supposed to be generating money for the previously hosed ath-uh-lete. So, it's going to take the 'new pie' money from the fans and get that to the players, you know, so the U can have a better team...for a price. Just have the players do their own go fund mes, cut out the middle man.Don_Keedick wrote: ↑1 month agoHow is the collective a scam? Do you want a good basketball team? The money will go to the right places all to benefit the university of Rhode Island athletics
yeah, that would be 'transparency'....I don't believe that's part of the equation, or doesn't seem to be anywaysection(105) wrote: ↑1 month ago Sorry, but back to my accountability concerns. The Collective Annual Report would be available to “members, stockholders” etc that contributed? And include things like player X listed with Y amounts? Doubt it.
It's not a scam at all. 100% false NYG..Don_Keedick wrote: ↑1 month agoHow is the collective a scam? Do you want a good basketball team? The money will go to the right places all to benefit the university of Rhode Island athletics
I’d say in order of importance:Taylor Swift wrote: ↑1 month ago I am green with understanding NIL for this scenario:
- donate $ directly to the program OR donate $ to NIL. Or both?
Is there a determined formula yet?
I do both. Not a huge amount to be transparent. Trying to do my part.Taylor Swift wrote: ↑1 month ago I am green with understanding NIL for this scenario:
- donate $ directly to the program OR donate $ to NIL. Or both?
Is there a determined formula yet?
Here ya go.Billyboy78 wrote: ↑1 month ago How about Cam Estevez gives me an autographed pic and I give him 50 bucks? Then I know my money is going where I want it to go.
I get it that fans need to make a decision whether to give to the University, NIL or both. I also understand that young alum may not have any extra to do any of it.BleedBlue87 wrote: ↑1 month agoI do both. Not a huge amount to be transparent. Trying to do my part.Taylor Swift wrote: ↑1 month ago I am green with understanding NIL for this scenario:
- donate $ directly to the program OR donate $ to NIL. Or both?
Is there a determined formula yet?
On another note, funny to me that some of the most vocal people on this board are some of the same people who are making excuses to not contribute to the NIL...
That sounds like a totally reasonable transaction.Billyboy78 wrote: ↑1 month ago How about Cam Estevez gives me an autographed pic and I give him 50 bucks? Then I know my money is going where I want it to go.
Anyone can do that. Right here.DeanDome88 wrote: ↑1 month agoThat sounds like a totally reasonable transaction.Billyboy78 wrote: ↑1 month ago How about Cam Estevez gives me an autographed pic and I give him 50 bucks? Then I know my money is going where I want it to go.
Right. And Rory and Fou were looking at pay cuts next season when the money is distrubuted. So, they're leaving. It's just a huge business now with thousands of employees. It's all about the money.RF1 wrote: ↑1 month ago Was wondering how much in compensation and benefits the typical URI player now gets and decided to put something together. These numbers are just some ballpark figures.
Stipend $6,000 (NCAA allows up to $5,980)
NIL $30,000 (URI avg - see below)
Tuition/Room & Board $50,000 (out of state URI cost to attend)
Total Avg: $86,000
Would think NIL shares likely have a wide fluctuation. It would then seem very plausible that some of the 18-24 year old URI players are probably presently getting a compensation & benefits package exceeding $100,000. With the pool of NIL money likely to dramatically increase all around the game, this will in turn trickle down to URI. One would think that some URI men's basketball players will therefore soon see some big jumps in their compensation and benefits.
NIL - it has been previously reported that URI players were being paid a total pool of approximately $400,000 for their NIL rights (PC is over $1M). There are potentially 13 scholarship players for these funds to be distributed amongst. If this were averaged out, that would equate to about $30,000 per player. It is however thought that starters or other players that log significant minutes likely get a larger share.
You’re one good woman, LTR!LoveThoseRams wrote: ↑1 month agoI get it that fans need to make a decision whether to give to the University, NIL or both. I also understand that young alum may not have any extra to do any of it.BleedBlue87 wrote: ↑1 month agoI do both. Not a huge amount to be transparent. Trying to do my part.Taylor Swift wrote: ↑1 month ago I am green with understanding NIL for this scenario:
- donate $ directly to the program OR donate $ to NIL. Or both?
Is there a determined formula yet?
On another note, funny to me that some of the most vocal people on this board are some of the same people who are making excuses to not contribute to the NIL...
Also, the donations to URI are tax deductible, while the donations to the Collective are not. EXCEPT...Contributions to the Collective may be tax deductible if you own a company and use it as a marketing expense. (For example, a player tweets about your restaurant or landscaping company, etc.)
Personally, I think the tickets to URI basketball games are very reasonable.
I want a better product.
I want to feel the way we did in the glory days of Hurley.
I want to walk out of the Ryan center smiling.
I want to watch the nets being cut down at the Ryan after securing the conference champs.
I want the excitement of going to the A10s with a large group of fans, having a great chance of winning.
I want to experience another Selection Sunday with the team.
I am willing and able to contribute to get back there.
Just to clarify, you're saying that if it's no longer true and we're not playing by the rules we should advertise it on our website? I've heard some crazy ideas on here but this one's specialDeanDome88 wrote: ↑1 month ago From the website Q&A:
DOES RHODY EXCELLENCE WORK WITH RECRUITS OR PROSPECTIVE STUDENT-ATHLETES?
No – In compliance with NIL regulations, Rhody Excellence will not meet with, contact, offer a deal, etc. to any prospective student-athlete. Until a student-athlete has signed their NLI and/or the institution has received a deposit of financial aid, they will not be contacted by Rhody Excellence.
If we are still playing by these rules the collective will not be successful. If no longer true update the darn website.
So you'd rather we announce NCAA violations on the website so at least we're following our own rules?section(105) wrote: ↑1 month ago That, if true, doesn’t make me comfortable and confident the money will go where intended. Meaning the collective won’t be following its own rules a. Nice.
They haven't ruled. They issued a temporary order. Massive differencetheblueram wrote: ↑1 month agoThe courts have already ruled and enjoined the NCAA from enforcing the ban on contacting recruits with NIL opportunities. So the Collective can contact recruits, and offer NIL deals prior to the recruit committing.Rhody15 wrote: ↑1 month agoKids will know what they’d be getting before committing. That is a fact.DeanDome88 wrote: ↑1 month ago
We do not need to "save face". The court rulings are in the books. Are they going for it or not? Quit sending mixed signals if you want to raise money!
It may not DIRECTLY from Rhody Excellence, but the message with get through to the recruit before signing.
Assistant coaches, other boosters, support staff, etc etc will replay the message.
The collective has already said it's only being directed to the basketball programs at the current time. As to how that's allocated between the two programs I don't knowNYGFan_Section208 wrote: ↑1 month agoSo, who directs the money? Who decides if it goes to football, or mens hoops, or women's hoops? The coach(es)? The AD? The Collective?LoveThoseRams wrote: ↑1 month agoSorry, long day of lawyering.NYGFan_Section208 wrote: ↑1 month ago
Too much lawyering for my simple mind....
The collective has said....they are not contacting recruits. It's what they said. Should people not believe them?
How does that align with "This is not dispositive of the fact that Rhody Excellence is not contracting recruits."
I mean, we all know they CAN contact recruits, but they have said they are not.
Are you implying that the collective may be lying? Like, it's some kind of wink wink nudge nudge organization?
(Not a lawyer, or a Holiday Inn Express fan, so I may have misconstrued what you meant.)
I am saying that article does not prove that the Collective is now contacting recruits. And I will tell you with confidence that I do not believe that the Collective is contacting recruits.
#scam
They should do it like golf outing prizes...you buy a bunch of tickets and put them in the bag of the prize you want most.
You go online to the collective and you donate money directly to whatever player you want.
Cost to attend is a bullshit number that almost nobody paysRF1 wrote: ↑1 month ago Was wondering how much in compensation and benefits the typical URI player now gets and decided to put something together. These numbers are just some ballpark figures.
Stipend $6,000 (NCAA allows up to $5,980)
NIL $30,000 (URI avg - see below)
Tuition/Room & Board $50,000 (out of state URI cost to attend)
Total Avg: $86,000
Would think NIL shares likely have a wide fluctuation. It would then seem very plausible that some of the 18-24 year old URI players are probably presently getting a compensation & benefits package exceeding $100,000. With the pool of NIL money likely to dramatically increase all around the game, this will in turn trickle down to URI. One would think that some URI men's basketball players will therefore soon see some big jumps in their compensation and benefits.
NIL - it has been previously reported that URI players were being paid a total pool of approximately $400,000 for their NIL rights (PC is over $1M). There are potentially 13 scholarship players for these funds to be distributed amongst. If this were averaged out, that would equate to about $30,000 per player. It is however thought that starters or other players that log significant minutes likely get a larger share.
I'd suggest they remove that Q&A from the website as long as the situation is evolving. Will I donate to the new collective if they are not going to the limit of what is legal? I will not. You can do whatever you like with your cash.RhowdyRam02 wrote: ↑1 month agoJust to clarify, you're saying that if it's no longer true and we're not playing by the rules we should advertise it on our website? I've heard some crazy ideas on here but this one's specialDeanDome88 wrote: ↑1 month ago From the website Q&A:
DOES RHODY EXCELLENCE WORK WITH RECRUITS OR PROSPECTIVE STUDENT-ATHLETES?
No – In compliance with NIL regulations, Rhody Excellence will not meet with, contact, offer a deal, etc. to any prospective student-athlete. Until a student-athlete has signed their NLI and/or the institution has received a deposit of financial aid, they will not be contacted by Rhody Excellence.
If we are still playing by these rules the collective will not be successful. If no longer true update the darn website.
I wish I wasn't amongst the almost nobody. It is bs. But, very real bs.RhowdyRam02 wrote: ↑1 month agoCost to attend is a bullshit number that almost nobody paysRF1 wrote: ↑1 month ago Was wondering how much in compensation and benefits the typical URI player now gets and decided to put something together. These numbers are just some ballpark figures.
Stipend $6,000 (NCAA allows up to $5,980)
NIL $30,000 (URI avg - see below)
Tuition/Room & Board $50,000 (out of state URI cost to attend)
Total Avg: $86,000
Would think NIL shares likely have a wide fluctuation. It would then seem very plausible that some of the 18-24 year old URI players are probably presently getting a compensation & benefits package exceeding $100,000. With the pool of NIL money likely to dramatically increase all around the game, this will in turn trickle down to URI. One would think that some URI men's basketball players will therefore soon see some big jumps in their compensation and benefits.
NIL - it has been previously reported that URI players were being paid a total pool of approximately $400,000 for their NIL rights (PC is over $1M). There are potentially 13 scholarship players for these funds to be distributed amongst. If this were averaged out, that would equate to about $30,000 per player. It is however thought that starters or other players that log significant minutes likely get a larger share.
I second this. The cost of attendance is real. How do I become an almost nobody??????NYGFan_Section208 wrote: ↑1 month agoI wish I wasn't amongst the almost nobody. It is bs. But, very real bs.RhowdyRam02 wrote: ↑1 month agoCost to attend is a bullshit number that almost nobody paysRF1 wrote: ↑1 month ago Was wondering how much in compensation and benefits the typical URI player now gets and decided to put something together. These numbers are just some ballpark figures.
Stipend $6,000 (NCAA allows up to $5,980)
NIL $30,000 (URI avg - see below)
Tuition/Room & Board $50,000 (out of state URI cost to attend)
Total Avg: $86,000
Would think NIL shares likely have a wide fluctuation. It would then seem very plausible that some of the 18-24 year old URI players are probably presently getting a compensation & benefits package exceeding $100,000. With the pool of NIL money likely to dramatically increase all around the game, this will in turn trickle down to URI. One would think that some URI men's basketball players will therefore soon see some big jumps in their compensation and benefits.
NIL - it has been previously reported that URI players were being paid a total pool of approximately $400,000 for their NIL rights (PC is over $1M). There are potentially 13 scholarship players for these funds to be distributed amongst. If this were averaged out, that would equate to about $30,000 per player. It is however thought that starters or other players that log significant minutes likely get a larger share.
If accurate, no reason to think it is not, those numbers kinda give the costs of getting off the porch and running with the big dogs. As someone said on here, we are not competing with the major conferences we are competing in the A-10 upper tier.RhowdyRam02 wrote: ↑1 month ago Dayton $1,000,000
St. Louis $750,000
St. Bonaventure $440,000
Loyola Chicago $300,000+
St. Joe's $200,000, a car, plus
There you go. You want an All-Atlantic 10 first or second teamer you're looking at a 6 figure deal, and you need to be in six figures to even be in the top half of the league. Hate it or love it, that's where things stand. If you don't want to play the game and don't want to support Rhody Excellence apply for America East membership now
One of the best players in the league.