Anyone know what’s up with SUfootball NIL

[Consigliere]

Related question... Did we lose a big chunk of NIL donations when SANIL / Orange United went under last October?

I would assume some amount of donations were lost in the shuttering, just wonder how much??

Or, is there some sort of insurance / reinsurance coverage that kicks in when a collective firm goes under like that to insure debts/obligations are met, or is it all still wild wild West and no safeguards??

Also, if funds were lost, guessing it wouldn't be something available in a transparent disclosure of information. Last thing you want to tell donors is their donation disappeared when the collective went under... But curious if we did have a shortfall of lost funds to deal with??

All I could find in search on the topic was this vague tidbit. Another disbursement firm stepped in and got some of the money to disburse to athletes under contract as intended, but no information on how much and who got what... SANIL was operating around 25 or so collectives I believe for various schools, so there were a bunch of baskets involved when they hit the skids...

• "Nil Funds" / Lost Funds: The shutdown was driven by an inability to sustain operations, leading to an immediate cessation of services for many schools. Other firms, such as Opendorse, stepped in to take over parts of the failed operator to ensure athletes still got paid.

The way it was explained to me is that there was a true up process through which all remaining contractual obligations were paid. Included in this were some football contracts that OUC fronted the money for against anticipated future donations. I do not know if Syracuse had to pay any termination charges per the contract or if they could terminate for convenience with no obligation. All remaining funds were turned over to SU Athletics. I would guess they were credited to the ChampionCuse Athletics Excellence fund. I don’t know if Orange United donations earmarked for specific sports retained that designation post termination.

Originally I was upset with the termination. Process was in motion to transition Orange United to Blueprint Sports so things could have continued and the termination essentially killed the NIL work we did through SyraCRUZ and the Fine Mess. I considered taking over the administration myself as I had done the first two years, but frankly I partnered with Orange United because the administrative burden had become pretty intense and moving tens of thousands of dollars through my personal bank accounts was something I was no longer comfortable doing.
After doing some research on BPS and the much more demanding terms they imposed and reading about issues at other P4 schools I came to understand SUAD’s position.

 

[oldpinepoint]

The way it was explained to me is that there was a true up process through which all remaining contractual obligations were paid. Included in this were some football contracts that OUC fronted the money for against anticipated future donations. I do not know if Syracuse had to pay any termination charges per the contract or if they could terminate for convenience with no obligation. All remaining funds were turned over to SU Athletics. I would guess they were credited to the ChampionCuse Athletics Excellence fund. I don’t know if Orange United donations earmarked for specific sports retained that designation post termination.

Originally I was upset with the termination. Process was in motion to transition Orange United to Blueprint Sports so things could have continued and the termination essentially killed the NIL work we did through SyraCRUZ and the Fine Mess. I considered taking over the administration myself as I had done the first two years, but frankly I partnered with Orange United because the administrative burden had become pretty intense and moving tens of thousands of dollars through my personal bank accounts was something I was no longer comfortable doing.
After doing some research on BPS and the much more demanding terms they imposed and reading about issues at other P4 schools I came to understand SUAD’s position.

Thank you for taking all of that on!

 

[Chip]

I considered taking over the administration myself as I had done the first two years, but frankly I partnered with Orange United because the administrative burden had become pretty intense and moving tens of thousands of dollars through my personal bank accounts was something I was no longer comfortable doing.

 

[kingtidge]

The way it was explained to me is that there was a true up process through which all remaining contractual obligations were paid. Included in this were some football contracts that OUC fronted the money for against anticipated future donations. I do not know if Syracuse had to pay any termination charges per the contract or if they could terminate for convenience with no obligation. All remaining funds were turned over to SU Athletics. I would guess they were credited to the ChampionCuse Athletics Excellence fund. I don’t know if Orange United donations earmarked for specific sports retained that designation post termination.

Originally I was upset with the termination. Process was in motion to transition Orange United to Blueprint Sports so things could have continued and the termination essentially killed the NIL work we did through SyraCRUZ and the Fine Mess. I considered taking over the administration myself as I had done the first two years, but frankly I partnered with Orange United because the administrative burden had become pretty intense and moving tens of thousands of dollars through my personal bank accounts was something I was no longer comfortable doing.
After doing some research on BPS and the much more demanding terms they imposed and reading about issues at other P4 schools I came to understand SUAD’s position.

Thanks for the detailed insight.

Glad to hear the monies were transferred in full (most likely).

It sounds like SANIL cratered and couldn't fiscally continue to run day-to-day ops without a cash infusion, so glad to hear donations weren't reallocated in an effort to keep the lights on. I would imagine there'd be legal ramifications if they had, of course, but you can't get blood from a stone, as they say.

I would assume the contracts and funds got transferred to ChampionCuse fund as well.

Don't blame you for switching your collective to a NIL management 3rd party either... Trying to run that through traditional, personal banking accounts must have been a headache, tax reporting implications/issues, etc... Must have been a real PITA, so kudos on that.

I do wonder if ChampionCuse honored the donor sport preference on the donor money transfers or if it went into one big kitty that was divvied up by managers.

 

[javadoc]

Thanks for the detailed insight.

Glad to hear the monies were transferred in full (most likely).

It sounds like SANIL cratered and couldn't fiscally continue to run day-to-day ops without a cash infusion, so glad to hear donations weren't reallocated in an effort to keep the lights on. I would imagine there'd be legal ramifications if they had, of course, but you can't get blood from a stone, as they say.

I would assume the contracts and funds got transferred to ChampionCuse fund as well.

Don't blame you for switching your collective to a NIL management 3rd party either... Trying to run that through traditional, personal banking accounts must have been a headache, tax reporting implications/issues, etc... Must have been a real PITA, so kudos on that.

I do wonder if ChampionCuse honored the donor sport preference on the donor money transfers or if it went into one big kitty that was divvied up by managers.

I don’t know how this stuff works. What does it mean for a “SANIL” to “crater”? Does that mean donations for direct NIL ran out? That the “fees” the administrators were taking from the donations to pay their salaries and whatever operational costs they had could not continue and still be able to cover NIL payouts?

 

[bnoro]

Honest question: Wasn’t that statement in regard to recruiting? I have a vague recollection of that, but at my age that is as good as I got.

No. It wasn't made in public, and it wasn't said to a recruit. That's as far as I'll disclose.

 

[kingtidge]

I don’t know how this stuff works. What does it mean for a “SANIL” to “crater”? Does that mean donations for direct NIL ran out? That the “fees” the administrators were taking from the donations to pay their salaries and whatever operational costs they had could not continue and still be able to cover NIL payouts?

Yeah, supposedly they ran out of money to run day-to-day ops for the collectives they managed... So whatever percentage they were making on donations was not enough to cover expenses and cost of doing business, let alone make a profit.

 

[Ttk.gman2]

How many head coaches who have done well at Syracuse have left for other college jobs? I would think if a coach has the support he/she wants, and has opportunities to compete for championships, it’s a pretty good gig.

It’s one of the best gigs you can get

 

[kingtidge]

It’s one of the best gigs you can get

So Providence is funding NIL and school allocation for players combined at about $10.5 mill for their basketball team this season (if reports are correct.). They are also after Hodgson.

We're rumored to be somewhere between $8-9 mill for our combined team outlay this season... And now we have rumblings saying we can't match that amount for next year and NIL is an issue for next year (if our former HOF coach is to be believed.) There are also rumors that the Hodgson deal is done in principle. If true, that would mean we likely met whatever NIL requirements he was looking for in the gig. So hard to know what to believe.

$10 mil is generally considered the minimum NIL number this year to be completive in building a squad in the P4.

If we can't get the funds up to meet that minimum, it's definitely not an attractive job for top tier coaching candidate. NIL bag size is a primary consideration and coaches know they can be setup to fail with light NIL bags.

 

[Cusefan0307]

So Providence is funding NIL and school allocation for players combined at about $10.5 mill for their basketball team this season. They are also after Hodgson.

We're rumored to be somewhere between $8-9 mill for our combined team outlay this season... And now we have rumblings saying we can't match that amount for next year and NIL is an issue for next year (if our former HOF coach is to be believed.) There are also rumors that the Hodgson deal is done in principle. If true, that would mean we likely met whatever NIL requirements he was looking for in the gig. So hard to know what to believe.

$10 mil is generally considered the minimum NIL number this year to be completive in building a squad in the P4.

If we can't get the funds up to meet that minimum, it's definitely not an attractive job for top tier coaching candidates. You have to pay to play and coaches know they can be setup to fail with light NIL bags.

Agent negotiating ploys.

 

[kingtidge]

Agent negotiating ploys.

What is?

 

[Cusefan0307]

What is?

The information being fed to Goodman.

 

[kingtidge]

The information being fed to Goodman.

Ok, so how much did Providence actually spend on their 2025/26 team?

 

[Cusefan0307]

Ok, so how much did Providence actually spend on their 2025/26 team?

Not more than UConn who spent 12 and definitely not more than 10.

 

[richmondcuse03]

Yeah, supposedly they ran out of money to run day-to-day ops for the collectives they managed... So whatever percentage they were making on donations was not enough to cover expenses and cost of doing business, let alone make a profit.

It was incredibly poorly run. They charged a fair amount as an admin fee and still couldn’t make it work. I’m sure some execs and others came out fine but in hindsight, we never should have done a deal with them. They claimed all the overhead would go to creating content and all this stuff….but nothing was ever created.

 

[gmoney44]

No. It wasn't made in public, and it wasn't said to a recruit. That's as far as I'll disclose.

If Fran wins and moves on to a bigger program so be it. At least it means we probably had a couple good seasons.

As of now he is one more train wreck season away from being fired from SU and back to being a position coach.

 

[JRHEETER]

So Providence is funding NIL and school allocation for players combined at about $10.5 mill for their basketball team this season (if reports are correct.). They are also after Hodgson.

We're rumored to be somewhere between $8-9 mill for our combined team outlay this season... And now we have rumblings saying we can't match that amount for next year and NIL is an issue for next year (if our former HOF coach is to be believed.) There are also rumors that the Hodgson deal is done in principle. If true, that would mean we likely met whatever NIL requirements he was looking for in the gig. So hard to know what to believe.

$10 mil is generally considered the minimum NIL number this year to be completive in building a squad in the P4.

If we can't get the funds up to meet that minimum, it's definitely not an attractive job for top tier coaching candidate. NIL bag size is a primary consideration and coaches know they can be setup to fail with light NIL bags.

Think we are getting revenue sharing and NIL confused.

Revenue sharing is generally what Providence is talking about. Providence does not have a football team, therefore they can allocate more of the 20 million ALL schools are allowed to spend on pay for play. That 20 million is for ALL sports.

NIL is stuff that is paid OUTSIDE of the school. It must go through a clearing house and technically can not be “pay for play”. There needs to be some type of business deal associated with it such as an appearance at a tailgate, a commercial etc.

Syracuse is sending, like most schools with football, a significant amount of their revenue share money to football. A smaller amount to Mens bbball an even smaller amount to women’s basketball and the rest split between the remaining Olympic sports.

When JB talks about “NIL” issues he is referring to OUTSIDE of revenue sharing that is paid by the school. Basketball has no collective (like football does). Basketball used to rely heavily on Orange United and its NIL deals. This is where JB is referring to what we don’t have a lot of money and we need more.

 

[bnoro]

If Fran wins and moves on to a bigger program so be it. At least it means we probably had a couple good seasons.

As of now he is one more train wreck season away from being fired from SU and back to being a position coach.

Every coach is one more train wreck season away from being "back to a position coach".

 

[Ttk.gman2]

So Providence is funding NIL and school allocation for players combined at about $10.5 mill for their basketball team this season (if reports are correct.). They are also after Hodgson.

We're rumored to be somewhere between $8-9 mill for our combined team outlay this season... And now we have rumblings saying we can't match that amount for next year and NIL is an issue for next year (if our former HOF coach is to be believed.) There are also rumors that the Hodgson deal is done in principle. If true, that would mean we likely met whatever NIL requirements he was looking for in the gig. So hard to know what to believe.

$10 mil is generally considered the minimum NIL number this year to be completive in building a squad in the P4.

If we can't get the funds up to meet that minimum, it's definitely not an attractive job for top tier coaching candidate. NIL bag size is a primary consideration and coaches know they can be setup to fail with light NIL bags.

I was speaking on football not basketball my opinion on basketball Is entirely different but I like the way football is going. I think we have a big year this year.

 

[kingtidge]

Think we are getting revenue sharing and NIL confused.

Revenue sharing is generally what Providence is talking about. Providence does not have a football team, therefore they can allocate more of the 20 million ALL schools are allowed to spend on pay for play. That 20 million is for ALL sports.

NIL is stuff that is paid OUTSIDE of the school. It must go through a clearing house and technically can not be “pay for play”. There needs to be some type of business deal associated with it such as an appearance at a tailgate, a commercial etc.

Syracuse is sending, like most schools with football, a significant amount of their revenue share money to football. A smaller amount to Mens bbball an even smaller amount to women’s basketball and the rest split between the remaining Olympic sports.

When JB talks about “NIL” issues he is referring to OUTSIDE of revenue sharing that is paid by the school. Basketball has no collective (like football does). Basketball used to rely heavily on Orange United and its NIL deals. This is where JB is referring to what we don’t have a lot of money and we need more.

Not confused at all.

The combined NIL + school rev share allocation for a program is what matters.

It's also what everyone is talking about when they say "available NIL" for a team.

It's technically a combo of both, but that's the just the lingo. It's not one or the other, it's both together.

Are you saying that JB means we need a minimum of $10 mill in NIL specifically for basketball and that + another $4-5 mill in school-funded rev share would put our needed combined total to around $15 mil, and that is what he meant we need for a minimum?

I think that's a pertinent question because I didn't take his comments that way, but I may have misinterpreted.

Also, JB did come out LY in Feb (I believe) in an interview in support of Red and said he did not have enough NIL in 2024-25 and that for 2025-26 it was sorted, and adequate NIL was now available for next season. He suggested Red should be given the benefit of the doubt and given the chance to build a roster with adequate NIL funds (paraphrasing, but that was the gist.)...

Then he came out last week said Red didn't have enough NIL this season, blamed the players for the lackluster performance ,and contradicted himself, of course.

 

[kingtidge]

I was speaking on football not basketball my opinion on basketball Is entirely different but I like the way football is going. I think we have a big year this year.

Right now, the football NIL collective is shut down and is rumored that they may not be paying players / not cutting the next round of NIL checks due for payment.

 

[SU in Hershey]

No. It wasn't made in public, and it wasn't said to a recruit. That's as far as I'll disclose.

That’s fine. Thank you for the reply.

 

[illi3]

If Fran wins and moves on to a bigger program so be it. At least it means we probably had a couple good seasons.

As of now he is one more train wreck season away from being fired from SU and back to being a position coach.

I tend to agree. If you told me three years ago that Fran could head someplace bigger because we had 2 top 5 ACC finishes I would have signed up REAL fast.

 

[Archimedes]

Right now, the football NIL collective is shut down and is rumored that they are not paying players / not cutting the next round of NIL checks due for payment.

Isn't that breach of contract? Could guys walk? Personally, I gotta believe someone or some entity would step in before it ever came to that.

 

[richmondcuse03]

Right now, the football NIL collective is shut down and is rumored that they are not paying players / not cutting the next round of NIL checks due for payment.

that’s not quite right and a stretch. it’ll be fixed and guys will be paid. Worse case scenario we lost a few whales but not all. The reason you see all the instagram posts is because meiers creek is still in and they’re a big donor. So keep supporting them.