Syracuse NIL Situation

[Orangezoo]

Disagree on UL. The Yum / Papa John's crowd want the arena full plus horse money is a lot. NIL is a light investment for the payoff.

The former I would say there’s a debate( in terms of how much) but agree on the horse money as I’m familiar with that world and the kind of wealth around it down there. That said they won’t be patient with Kelsey at all if a 20 million dollar roster is still not winning the ACC and bowing out before the sweet 16…

 

[Bayside44]

The former I would say there’s a debate( in terms of how much) but agree on the horse money as I’m familiar with that world and the kind of wealth around it down there. That said they won’t be patient with Kelsey at all if a 20 million dollar roster is still not winning the ACC and bowing out before the sweet 16…

Oh I agree 100% with the coach, everyone is just one better coach away from greatness

 

[Orangezoo]

Oh I agree 100% with the coach, everyone is just one better coach away from greatness

Yeah… Louisville is going deep into the bullpen to get there maybe they are done yet ..

 

[UnknownOrange]

the system is broken and the adults in the room need to get it under control (they wont)

 

[Sherman20]

Wanted to make a point in regards to our transfer portal season so far…

I know for a fact we had 8 million dollars in NIL money last year. Or at least… somewhere around that number.

Evan Miya research shows a 65% increase in transfer portal buying price this year. Talked to a couple different people from all walks of cbb. Unanimous that this is good and accurate work.

Follow me for a second. 8 million with 65% increase = 13.25 million. This means that to match what we had last year relative to this years market, we need 13+. Don’t think we have that folks unless I’m really really missing something.

Two thoughts. A) We are weaker than we thought NIL wise before the portal opened. No freak-outs please! Gerry is going to have this team punching above their weight to meet expectations. B) Man how did we not sniff the tournament last year .

It just makes me roll my eyes, though, that they didn’t think the prices would increase from last year. Like come on. I get that they didn’t think 65%, but 20-30% seems reasonable based on the Wild West, no guardrails market. Also, some folks are calling BS on the 65% increase assertion. That may just be for top 50 guys or centers only.

 

[kirbivore]

One more point.

65% increase per year isn’t sustainable right? Right?

For Syracuse and many many others, absolutely.

But here’s my “Margin Call” moment. You know who it is sustainable for?

Michigan- funded by Larry Ellison among many other stupidly rich folks

Arkansas, Louisville, etc- backed by corporations.

You think the market is going to correct itself, but it’s not. Because… those schools are essentially in competition with each other writing blank checks. And everybody else is sprinting to catch up year after year.

This is where I see this thing ending badly. This model survives now.. but 10, 15, 20 years from now the only ones surviving will be those select schools who have substantially more money to pull from. Talking billions vs millions here hypothetically.

Curious what others thoughts are on this.

That's one of the reasons Saban quit Alabama. In the paying players over the table era there are more millionaires in Texas than Alabama.

 

[richmondcuse03]

It just makes me roll my eyes, though, that they didn’t think the prices would increase from last year. Like come on. I get that they didn’t think 65%, but 20-30% seems reasonable based on the Wild West, no guardrails market. Also, some folks are calling BS on the 65% increase assertion. That may just be for top 50 guys or centers only.

I think 65% is for top folks and it's not an average of everything.

Also guys who stay generally get less -- no different with most jobs but there's a huge benefit for a school like Syracuse to recruit the HS ranks and pay to retain your top talent (like we're doing on FB side). But that puts you in an impossible spot when you fire your coach...so probably should have moved on sooner from Red but different topic.

 

[Newhouser]

One more point.

65% increase per year isn’t sustainable right? Right?

For Syracuse and many many others, absolutely.

But here’s my “Margin Call” moment. You know who it is sustainable for?

Michigan- funded by Larry Ellison among many other stupidly rich folks

Arkansas, Louisville, etc- backed by corporations.

You think the market is going to correct itself, but it’s not. Because… those schools are essentially in competition with each other writing blank checks. And everybody else is sprinting to catch up year after year.

This is where I see this thing ending badly. This model survives now.. but 10, 15, 20 years from now the only ones surviving will be those select schools who have substantially more money to pull from. Talking billions vs millions here hypothetically.

Curious what others thoughts are on this.

I think that you are correct and that in the next 10 years the tiers will be separated by money spent and SU will not be near the Top tier. Follow up question - IF you believe that the market isn't going to correct itself, and that SU can't keep up - what inspires a fan to keep contributing? Feels like we are giving money to save land line phones in the battle against smart phones.

 

[35kcuse]

I think that you are correct and that in the next 10 years the tiers will be separated by money spent and SU will not be near the Top tier. Follow up question - IF you believe that the market isn't going to correct itself, and that SU can't keep up - what inspires a fan to keep contributing? Feels like we are giving money to save land line phones in the battle against smart phones.

It’s a great question. I think that for contributing to be of value to someone, they need ROI. I think Blair has to create a system of donators getting some sort of return whether that be meeting players, parties, whatever it has to be (on a larger scale than what they are doing). Because the large scope of things is not great, but if there is some sort of personal interest besides just throwing money towards the team, I think that could keep people hooked.