What is the process - or who is our NIL GM?

[Fly Rodder]

So I see vague references to a high number but does anyone actually know what the number was? To be clear I am not saying it was or wasn't, just trying to firm up a fact here is all.

nothing specific has been reported, but well in excess of half a mill.

Well, yes. The offer didn't meet the demand, which is how deals die. But if the demand is far less than what he'll get in the open market portal, that indicates trouble on the horizon unless the war chest grows.

The open market consists of one team at this step. Just because one team jumps off a bridge, doesn't mean we need to.

In a perfect world with an unlimited checkbook, sure, we give Jesse whatever he wants. At some point, when the price is being driven by someone else's valuation - which may very well be flawed - you walk away.

 

[Fly Rodder]

Back to the point of this thread, I think a GM is a perfectly acceptable position. This doesn't need to be called as such, VP of Basketball Operations would be sufficient. NIL has made the college revenue sports more professional and the teams who are proactive in making that transition are going to be successful. There needs to be strength & nutrition, analytics, contracts, and roster management.

The good news is that SU is a university with lots of students in those fields who would be very happy to be able to put a (paid) senior internship as statistical analyst or contract specialist on their resume to augment professional staff. There needs to be synergy with the communications side of things as well. There are plenty of educational opportunities for careers in professional sports.

 

[AngryOtto]

So I see vague references to a high number but does anyone actually know what the number was? To be clear I am not saying it was or wasn't, just trying to firm up a fact here is all.

Everyone keeps putting it on the university, chancellor, AD, coaches but the school cannot be directly involved in giving NIL to players. That would be pay to play.
Now I know it is clearly happening at other places. But as someone already stated that is an ncaa violation. We all know the ncaa is inept but they still have enforcement power. With the new rules the burden shifts to the schools. We also know the ncaa has no problem going after su with disproportionate punishment compared to other schools.
A lot of people are upset about AW stepping away but there must be a reason the university had concerns. May not be completely valid but it’s the university that gets punished not AW.
Dealing with NIL right now is difficult to say the least if you do not want to risk a potential violation from a governing body that is inconsistent in their enforcement. It’s going to be a bumpy ride for a while.
In the end I’m am an su fan for life. Yes I would like them to win every game but I will be supporting them every game win or loose.

 

[kingtidge]

Everyone keeps putting it on the university, chancellor, AD, coaches but the school cannot be directly involved in giving NIL to players. That would be pay to play.
Now I know it is clearly happening at other places. But as someone already stated that is an ncaa violation. We all know the ncaa is inept but they still have enforcement power. With the new rules the burden shifts to the schools. We also know the ncaa has no problem going after su with disproportionate punishment compared to other schools.
A lot of people are upset about AW stepping away but there must be a reason the university had concerns. May not be completely valid but it’s the university that gets punished not AW.
Dealing with NIL right now is difficult to say the least if you do not want to risk a potential violation from a governing body that is inconsistent in their enforcement. It’s going to be a bumpy ride for a while.
In the end I’m am an su fan for life. Yes I would like them to win every game but I will be supporting them every game win or loose.

But they can be directly involved in making sure players don't get NIL by running off the sugardaddy NIL whale...

You can't have it both ways, I am afraid. They have culpability in assuring our players do NOT get NIL right now.

My gut says we hunker down and support Red as best we can. He will be operating with hand tied behind his back and we'll likely have to settle for tier-2 players and expect to lose any player that develops into a good player to the portal.

...That is until such a time that we have a NIL strategy that is monetized and competitive with the universities and colleges that have better NIL resources (and let's be honest, that may never happen.)

 

[Sbucketball]

Everyone keeps putting it on the university, chancellor, AD, coaches but the school cannot be directly involved in giving NIL to players. That would be pay to play.
Now I know it is clearly happening at other places. But as someone already stated that is an ncaa violation. We all know the ncaa is inept but they still have enforcement power. With the new rules the burden shifts to the schools. We also know the ncaa has no problem going after su with disproportionate punishment compared to other schools.
A lot of people are upset about AW stepping away but there must be a reason the university had concerns. May not be completely valid but it’s the university that gets punished not AW.
Dealing with NIL right now is difficult to say the least if you do not want to risk a potential violation from a governing body that is inconsistent in their enforcement. It’s going to be a bumpy ride for a while.
In the end I’m am an su fan for life. Yes I would like them to win every game but I will be supporting them every game win or loose.

It's up to leadership for each college to secure NIL boosters. If Cuse doesn't have enough NIL money, that's on leadership.

 

[Fly Rodder]

by running off the sugardaddy NIL whale

I have my criticisms of the Admin and AD, but AW isn't that important and he's not integral to SU basketball success.

The NIL environment absolutely has to be managed by the university (generally) and there needs to be coordination. Now, that doesn't mean that the university has to spell it out in black and white that we will manage all NIL contracts between the university and athletes.

 

[Brooky03]

nothing specific has been reported, but well in excess of half a mill.

The open market consists of one team at this step. Just because one team jumps off a bridge, doesn't mean we need to.

In a perfect world with an unlimited checkbook, sure, we give Jesse whatever he wants. At some point, when the price is being driven by someone else's valuation - which may very well be flawed - you walk away.

Half a mil for a player who might never see an NBA roster is bananas. If that was the number, I’m glad he’s leaving.

 

[AZOrange]

Or Cuse ponied up to the value that they thought he was worth and Jesse disagreed.

I mean that’s already been reported

 

[AZOrange]

Half a mil for a player who might never see an NBA roster is bananas. If that was the number, I’m glad he’s leaving.

Yeah none of this makes any sense. It needs to settle down. They are making more than G League which most of them will never see. There’s NFW Girard is getting 400-500k

 

[Cusefan0307]

Half a mil for a player who might never see an NBA roster is bananas. If that was the number, I’m glad he’s leaving.

It probably was well north of that.

 

[hoopsupstate]

Yeah none of this makes any sense. It needs to settle down. They are making more than G League which most of them will never see. There’s NFW Girard is getting 400-500k

Devo says things. He also said Jesse was definitely staying.

 

[tptcuse]

I mean that’s already been reported

Do you know who specifically says no to the player when a large number is floated, since the coach/university theoretically cannot do so?

 

[AZOrange]

Do you know who specifically says no to the player when a large number is floated, since the coach/university theoretically cannot do so?

I don’t know who is managing the collective. My guess is that’s part of the problem

 

[tptcuse]

I don’t know who is managing the collective. My guess is that’s part of the problem

But someone had to say no that is not the coach, correct?

 

[rrlbees]

I don’t know who is managing the collective. My guess is that’s part of the problem

Each collective has “leads” that manage it. For 315 it’s Mike Bristol and another gentleman whose name escapes me, but I believe is on the website.

 

[Consigliere]

It probably was well north of that.

It’s second hand, but I have heard that NIL concerns at Syracuse had put together an approved package well into the six figures. And deals have been floated from other schools well more than double that.

 

[Consigliere]

Each collective has “leads” that manage it. For 315 it’s Mike Bristol and another gentleman whose name escapes me, but I believe is on the website.

Tony DeSorbo

 

[MSOrange]

Each collective has “leads” that manage it. For 315 it’s Mike Bristol and another gentleman whose name escapes me, but I believe is on the website.

Tony DeSorbo

315 Foundation provides ‘new and different’ opportunity for Syracuse athletes

The 315 Foundation allows Syracuse fans to make tax deductible donations directly to the school’s sports teams.

dailyorange.com

 

[81South]

The SEC school boosters have crazy deep pockets. They are licking their chops with NIL.

 

[Cusefan0307]

It’s second hand, but I have heard that NIL concerns at Syracuse had put together an approved package well into the six figures. And deals have been floated from other schools well more than double that.

Same. I heard a couple hundred thousand more. Either way it was more.

 

[tptcuse]

Sorry to belabor the point, but nobody is answering the question. How can everyone be saying that "the University" or "the staff" decided that Jesse's number was too high when it is the collective that is really deciding? Who actually makes the decision and tells the player/family? Is it these two guys on the 315 Collective website?

 

[pwong]

I know Duke hired their GM of NIL and roster management last summer, think Kentucky created the position middle of last season? Think other teams will quickly jump on the same boat.

 

[Consigliere]

Mark Wheeler from Compliance is the point person for NIL issues at Syracuse and is very helpful navigating the waters. He, nor anyone from the University can be directly involved with brokering deals. This includes any coaches giving explicit instruction that we need to find $xxxx for player Y, though I am sure this information has informal channels to get out.
Weitsman does not contribute through the 315Foundation to my knowledge. Certainly not in his offers to recruits. The 315 Foundation collects donations earmarked to specific teams and funds initiatives for players to provide a service to a 501c charity. I believe they can direct this solicitation to individual players or blanket to teams.
Commercial deals or those not supporting a charity are NOT run through the two main collectives. Any business, or individual, can request access to a portal and once approved, can offer transactions to individual players. That is the approach we use with the SyraCRUZ tailgate and with our guest athletes. At onetime I was told by a player that SU wanted all commercial transactions to go through the portal. That service aggregates annual earnings into a single 1099 for each athlete and provides relevant compliance reporting to the University.
I am sure there are other cases where the formal process is skirted but that is obviously not preferred.

 

[Nicknack]

Sorry to belabor the point, but nobody is answering the question. How can everyone be saying that "the University" or "the staff" decided that Jesse's number was too high when it is the collective that is really deciding? Who actually makes the decision and tells the player/family? Is it these two guys on the 315 Collective website?

I've asked that question on the board before, never have gotten a direct response because obviously, very few know.

As for some who are saying Jesse was asking an amount that far exceeded his worth... how is that so? If some schools are willing to pay that amount, it seems to me that we were not willing to pay market value. Isn't this like real estate? Sellers dictate what is a fair market price. Just because it's too much to pay for us doesn't mean it's unreasonable.

 

[tptcuse]

I've asked that question on the board before, never have gotten a direct response because obviously, very few know.

As for some who are saying Jesse was asking an amount that far exceeded his worth... how is that so? If some schools are willing to pay that amount, it seems to me that we were not willing to pay market value. Isn't this like real estate? Sellers dictate what is a fair market price. Just because it's too much to pay for us doesn't mean it's unreasonable.

From the posts I have read, it seems like someone decided the amount he was asking for was more than he is worth to Syracuse next season. Nobody seems willing to say who that person/people are.