NIL struggles

[Grbac]

I’m in the minority in my opinion on this. I am glad Etan is pushing against SU. Our basketball program has fallen off so badly compared to our history. We have a guy willing to give but wants the schools blessing. Makes no sense to push him away.
We need every cent we can get for basketball NIL. We have to come up with a big amount every season now. If we want to play with the big boys we have to have big boy resources.

 

[orangefog]

I would prefer that no one takes any inference to anything that I have said to this point. I very much wanted to get the two parties together. I hoped and believed I could have got them together. The reaction I got from people that I have known for in some cases 32 years, was eye opening.

You were in a really tough position. We should all be grateful for your effort. I agree with you, Adam could just donate to a collective, but we all know that isn't his style and he mentions it in this interview. He wants to land THE big guy in each class.

 

[Cuseregular]

Many bs negatives immediately dispelled. That he didn’t donate to SU, donated over $1,000,000 dollar’s overall directly to athletics.

Then others here have said he didn’t pay for the security needs associated with his guests. He dispelled that explaining the university always billed him a week after the games suggesting he paid it.

He paid every penny for the $350,000 suite from demo to using a university contractor paying for literally everything associated for it including all contents food etc which he said is as it should be. It was suggested here he didn’t. Let the university use it for free for other events.

Dudes as transparent as Fran brown, mentioned part of the reason he did what he did was because he felt the need to give back to the area that’s been good to him, this being other directed for the area enhancing the Dome experience by bringing in these celebrities. This while admitting he’s simultaneously building his brand, nothing wrong with that win win scenario.

He never did anything without first checking with compliance, including recruits and the rapper directly refuting comments here, rather getting the greenlight from the University first for EVERYTHING!

Just don’t get the hate from many here nor and especially the jealous hate from the other “donor/donors wife” and that this all stems from a jealous rich person squabble just boggles the mind, such that they’re not going to accept help from a billionaire who will be more than happy (still!) willing to help us with NIL to the tune of $2 million a year, Etc.

And yet Somehow he’s staying loyal to SU and central NY in the face of all this, turning down suitors from other schools who are willing to do things his way. This won’t last forever.

FOR GODS SAKE SU leadership fix this with a meeting of the minds and mend these fences to maximize the chances for success. Help us to help you!

 

[richmondcuse03]

I think the joke is they have these arbitrary rules for a guy who is worth a couple BILLION dollars. I know a guy who is a massive donor to Arizona, and I don’t know exactly what rules Syracuse is putting in place that you are talking about, but I do know, no other school I have heard of is turning away $$ and they will do damn near anything to get it, and sometimes these donors even tell the school pound salt they will do what they want, and their is no oversight to stop it. It appears Adam wants to do it with blessings which I respect but that is in fact rare.

I’d wager a lot of money he is not worth a billion dollars. I know he claims he is worth $1.5b (he says as much on his website, which is a bit of a red flag). But nothing about it adds up.

Even if you take his annual revenue at face value (his website says 750M) and then apply standard margins for that industry…and then assume he owns 100 percent of the company with no other investors or debt…you don’t get to the valuation that supports his net worth being anywhere close to 1.5B unless he’s sitting on tremendous assets or investments elsewhere. Given the lavish lifestyle he lives and the properties he has owned….i don’t think that’s likely. My guess is he’s worth a fraction of what he claims he is.

 

[oldpinepoint]

I’ll just say this, true friends do everything they can to help. In this case if he really wanted help his good friend then he can donate to the collective. Money talk in hoops, NIL talks, having a rapper or HOF QB doesn’t do jack except raise AWs stature. I’m not sure what Etans agenda is but he comes off as an ungrateful dbag.

 

[oldpinepoint]

I’d wager a lot of money he is not worth a billion dollars. I know he claims he is worth $1.5b (he says as much on his website, which is a bit of a red flag). But nothing about it adds up.

Even if you take his annual revenue at face value (his website says 750M) and then apply standard margins for that industry…and then assume he owns 100 percent of the company with no other investors or debt…you don’t get to the valuation that supports his net worth being anywhere close to 1.5B unless he’s sitting on tremendous assets or investments elsewhere. Given the lavish lifestyle he lives and the properties he has owned….i don’t think that’s likely. My guess is he’s worth a fraction of what he claims he

Probably paper assets tied up in his company. Dude is loaded for sure, but let’s say he is worth $1.5 billion, the argument for not donating to a collective is even worse. Go donate $500k it’s a drop in the bucket.

 

[Cuseregular]

I’d wager a lot of money he is not worth a billion dollars. I know he claims he is worth $1.5b (he says as much on his website, which is a bit of a red flag). But nothing about it adds up.

Even if you take his annual revenue at face value (his website says 750M) and then apply standard margins for that industry…and then assume he owns 100 percent of the company with no other investors or debt…you don’t get to the valuation that supports his net worth being anywhere close to 1.5B unless he’s sitting on tremendous assets or investments elsewhere. Given the lavish lifestyle he lives and the properties he has owned….i don’t think that’s likely. My guess is he’s worth a fraction of what he claims he is.

Don’t get you people. Criticize rip apart look only for negatives. God bless yas.

Effen dude ready to give $2,000,000 yearly to help for gods sake! Still is! He wants to circle the wagons with others understanding the need to get as much help as possible to compete. Small minded thinking from the top down.

 

[Cuseregular]

I’ll just say this, true friends do everything they can to help. In this case if he really wanted help his good friend then he can donate to the collective. Money talk in hoops, NIL talks, having a rapper or HOF QB doesn’t do jack except raise AWs stature. I’m not sure what Etans agenda is but he comes off as an ungrateful dbag.

Bs it helps with attendance and atmosphere. And what is wrong with yas, they WONT WORK WITH HIM, nor take his $. This Because of the other jealous dopey donor. Wake up!

 

[oldpinepoint]

Bs it helps with attendance and atmosphere. And what is wrong with yas, they WONT WORK WITH HIM, nor take his $ Because of the other donor. Wake up!

That was 4 years ago, In today’s NIL world does that matter. Does recruit xyz care, it’s about the bag first, relationship second, attendance and atmosphere is down the list.

 

[Cuseregular]

That was 4 years ago, In today’s NIL world does that matter. Does recruit xyz care, it’s about the bag first, relationship second, attendance and atmosphere is down the list.

Not for us, us fans. It’s also largely about atmosphere. The university should enhance the atmosphere and juice it up once again. Let the guy do his thing to help them and him. Or it can be a morgue again like last year.

 

[oldpinepoint]

Not for us, us fans. It’s also largely about atmosphere. The university should enhance the atmosphere and juice it up once again. Let the guy do his thing to help them and him. Or it can be a morgue again like last year.

It was a morgue because we were god awful. I think NIL dollars goes a lot further than a celebrity appearance. Preferably they could find common ground but I think the bridge is burned

 

[Cuseregular]

I’ll just say this, true friends do everything they can to help. In this case if he really wanted help his good friend then he can donate to the collective. Money talk in hoops, NIL talks, having a rapper or HOF QB doesn’t do jack except raise AWs stature. I’m not sure what Etans agenda is but he comes off as an ungrateful dbag.

Not at all.

He comes across as someone who wants to maximize the chances for his alma mater’s success, someone who wants to enhance the fan experience from that success and with the environment in the Dome, someone who understands the simple reality that in the modern era you need as much $ as you can.

Did any of you negativists watch the full interview? Doesn’t sound like it

 

[Cuseregular]

It was a morgue because we were god awful. I think NIL dollars goes a lot further than a celebrity appearance. Preferably they could find common ground but I think the bridge is burned

Certainly that’s part of the reason, that’s why some modern day enhancements juicing it up would be beneficial when the team is struggling. No doubt, though that your NIL comment is spot on

 

[AZOrange]

Bs it helps with attendance and atmosphere. And what is wrong with yas, they WONT WORK WITH HIM, nor take his $. This Because of the other jealous dopey donor. Wake up!

Is the other jealous dopey donor Lally? Lol

 

[Cuseregular]

Is the other jealous dopey donor Lally? Lol

Anyone who can’t see the value of putting foolish pride aside to help their university maximize its potential for success, given all the new and unique challenges faced, with need to bring in as much NIL $ as possible to compete, to be blind to all that, yeah that’s dopey.

 

[JonB]

You honestly think we have a top 25 roster right now? I am not saying this isn’t a Tourney team but if you don’t have complete orange blinders on this roster is not one of 25 best in the country.

As far as ratings, this is one of the most talented Syracuse rosters that has ever been assembled. You can look back at every single ratings that every player has had in the rating era and I think this is probably at least in the top five teams in the past 20 years. Nobody knows who’s gonna be top 25. The best Syracuse team in my opinion was in 2010 and they had three guys that were ranked in the top 50 none of them were ranked higher than 40.

 

[cliftonparksufan]

I’d wager a lot of money he is not worth a billion dollars. I know he claims he is worth $1.5b (he says as much on his website, which is a bit of a red flag). But nothing about it adds up.

Even if you take his annual revenue at face value (his website says 750M) and then apply standard margins for that industry…and then assume he owns 100 percent of the company with no other investors or debt…you don’t get to the valuation that supports his net worth being anywhere close to 1.5B unless he’s sitting on tremendous assets or investments elsewhere. Given the lavish lifestyle he lives and the properties he has owned….i don’t think that’s likely. My guess is he’s worth a fraction of what he claims he is.

Isn't AW a big Crypto guy? He could have theoretically made more from that than all his other businesses/investments combined.

Everyone wanted a peak at Trump's tax returns. I would love to see AW"s. Not that I doubt him one bit, which I don't, but to see what steps a really rich guy will take to avoid paying into the system.

I'm with most people, and hope that something can be worked out.

 

[MamesJungro]

Let me say this again for anyone who doesn’t understand how fundraising actually works: building a sustainable NIL program takes years—and it requires a network of very wealthy people. AW has clearly done well for himself, but a crypto guy and convicted felon running scrap metal yards in Upstate probably isn’t moving in the kind of circles that can sustain a serious NIL operation.

The Lallys, on the other hand, are not only generous donors themselves but also have friends with deep pockets who are willing to give.

So realistically, what should the university do? Side with a guy who only makes flashy gifts, buys Instagram followers, and pays celebrities to sit with him? Or back the family that gives consistently at a much higher level and brings other major donors to the table?

 

[hoopsupstate]

I don’t see what’s so complicated about AW giving to NIL. He wants to donate to help the program. That’s great? Then donate. Donate to the collective. Why won’t he just give to the collective?

 

[orangenauburn]

You would think Etan was a Georgetown troll the way he craps on his alma mater

He wanted to go to school there originally

 

[cliftonparksufan]

Let me say this again for anyone who doesn’t understand how fundraising actually works: building a sustainable NIL program takes years—and it requires a network of very wealthy people. AW has clearly done well for himself, but a crypto guy and convicted felon running scrap metal yards in Upstate probably isn’t moving in the kind of circles that can sustain a serious NIL operation.

The Lallys, on the other hand, are not only generous donors themselves but also have friends with deep pockets who are willing to give.

So realistically, what should the university do? Side with a guy who only makes flashy gifts, buys Instagram followers, and pays celebrities to sit with him? Or back the family that gives consistently at a much higher level and brings other major donors to the table?

Or maybe the school can figure it out, so both donate. Why does it have to be one or the other.

Not only do rich people have big pockets, they also have big egos. Maybe Weitsman wants a building named for him. SU needs to figure it out.

 

[Cusefan78]

Is the other jealous dopey donor Lally? Lol

Yeah, only the guy that has been leading the charge to revitalize the football program. How many millions in donations is he up to compared to aw. Add in he’s an alumni, Yeah, real dope.

 

[Acesn8s]

I’d wager a lot of money he is not worth a billion dollars. I know he claims he is worth $1.5b (he says as much on his website, which is a bit of a red flag). But nothing about it adds up.

Even if you take his annual revenue at face value (his website says 750M) and then apply standard margins for that industry…and then assume he owns 100 percent of the company with no other investors or debt…you don’t get to the valuation that supports his net worth being anywhere close to 1.5B unless he’s sitting on tremendous assets or investments elsewhere. Given the lavish lifestyle he lives and the properties he has owned….i don’t think that’s likely. My guess is he’s worth a fraction of what he claims he is.

Listen I’m not gonna be this guys cheerleader but I’d wager a years salary he has a net worth over a Billion dollars. The guy is buying and selling multi dollar properties like I buy coffee. He has a 30 million plus property in South Florida, 4 restaurants he doesn’t take income from.

 

[Comstock44]

yeah, and he said that he would talk to anyone about this and I called him not once but twice and he didn't return or take my calls. His privilege of course but don't claim you are willing to talk when you aren't.

What are your credentials? You're probably not worth his time.

 

[721Comstock]

Listen I’m not gonna be this guys cheerleader but I’d wager a years salary he has a net worth over a Billion dollars. The guy is buying and selling multi dollar properties like I buy coffee. He has a 30 million plus property in South Florida, 4 restaurants he doesn’t take income from.

And yet - here you are.
Sis, boom, bah!!

Owning a “$30 million plus property in South Florida” doesn’t mean dick.

He may have only put 5-10% down on it, and have a mortgage/loans against the rest.

And with the FL real estate market starting to tank, it may currently have zero or even negative equity.


AW is all about AW.
And people talking about AW.

The last athlete I’m aware of that he actually gave NIL $ to was Dyaisha Fair.
That was years ago.

Again - there is nothing stopping him from donating to NIL via the collectives.

Except his 24/7 need for attention.
And doing that in that manner won’t scratch his itch.