Vinny Lobdell Donor Group

[Irishsecra1]

Can’t the coaches fund be used to pay the assistants?
We have to have top flight assistants to make all this work, and that takes money that is not NIL.

 

[Orangezoo]

Can’t the coaches fund be used to pay the assistants?
We have to have top flight assistants to make all this work, and that takes money that is not NIL.

Great question actually. In terms of adding players- certain staff additions being locked in with this help may help with bringing in certain guys…

 

[Consigliere]

Just wish they waited until that launched to grab all the momentum that exists now and that has already brought in money to the coaches fund.

Agree completely. Ever since negotiations to transition Orange United to a different group fell apart there has been no channel for grass roots NIL donations. Seems like the strategy with the launch of revenue sharing was to funnel that level of donor to the internal funds managed by CAF - Athletics Opportunity, Athletics Competitive Excellence and individual Coaches’ Funds - and rely on whales and corporate partners to fund true NIL. Somewhat understandable as the $20.5MM in direct payments to athletes was likely unbudgeted in long range plans and cereal challenge for a department that struggles to break even and doesn’t have the benefit of relying on state tax payers to foot the bill. Left a gap in supporting any sport other than football and the two basketball programs immediately and in the escalating arms race of hoops caused those programs to fall behind.

 

[Consigliere]

This is great for GMac and the men. It would be nice for them to do it for Coach Jack. She grew up in Syracuse, played at SU and now is a great leader for the team and university. Even with a 1/3 of the support the men’s program is getting Coach Jack would make the team in to one of best in the acc and a perennial top 25 program.

Coach Jack has the same fund that this initiative feeds. It received over $200k in donations on Giving day - 50x what it received on that day last year. Women’s hoops is also the only program where you can earmark Competitive Excellence (revenue sharing) donations to a specific sport.

 

[Orangezoo]

Agree completely. Ever since negotiations to transition Orange United to a different group fell apart there has been no channel for grass roots NIL donations. Seems like the strategy with the launch of revenue sharing was to funnel that level of donor to the internal funds managed by CAF - Athletics Opportunity, Athletics Competitive Excellence and individual Coaches’ Funds - and rely on whales and corporate partners to fund true NIL. Somewhat understandable as the $20.5MM in direct payments to athletes was likely unbudgeted in long range plans and cereal challenge for a department that struggles to break even and doesn’t have the benefit of relying on state tax payers to foot the bill. Left a gap in supporting any sport other than football and the two basketball programs immediately and in the escalating arms race of hoops caused those programs to fall behind.

Curious if we are having to join our peers in adding more debt to our balance sheet…

 

[Consigliere]

Curious if we are having to join our peers in adding more debt to our balance sheet…

Tough to do at a private school.

 

[Orangezoo]

Tough to do at a private school.

Yeah I mean I’d rather not because for every single one of the public schools over borrowing they all are staring down a bill coming due that will be more and more difficult to swallow.