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What should guaranteed money be used for?
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cmett003 Offline
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Post: #1
What should guaranteed money be used for?
With Liberty paying us $1.32 million for the 2018 game, what do you think the guaranteed money we get for games like this should be used for?

Save for the construction of Phase II which expands the new stadium over 30,000
An indoor practice facility?
Cost of Attendance for student athletes?
Increasing coaching salaries?

I think it should be for an indoor practice facility or to move Phase II along.
05-16-2017 10:24 AM
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ODUBB35 Offline
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RE: What should guaranteed money be used for?
Move to Phase II of the stadium. That is our bread and butter for a while.
05-16-2017 10:29 AM
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ODUDrunkard13 Offline
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RE: What should guaranteed money be used for?
I expect it will be used to help cover the eventual next raise for BW and staff.
05-16-2017 10:34 AM
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Gilesfan Offline
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RE: What should guaranteed money be used for?
I think it will be put in the budget and dispersed as needed.
05-16-2017 10:54 AM
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ODUDrunkard13 Offline
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RE: What should guaranteed money be used for?
(05-16-2017 10:54 AM)Gilesfan Wrote:  I think it will be put in the budget and dispersed as needed.

Of course it will be, but that's not a fun answer.
(This post was last modified: 05-16-2017 11:00 AM by ODUDrunkard13.)
05-16-2017 10:55 AM
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ETSUDB8-79 Offline
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Post: #6
RE: What should guaranteed money be used for?
(05-16-2017 10:55 AM)ODUDrunkard13 Wrote:  
(05-16-2017 10:54 AM)Gilesfan Wrote:  I think it will be put in the budget and dispersed as needed.

Of course it will be, but that's not a fun answer.

Allocated for Super Loyal Fan payback for being a 12th Monarch. 04-cheers
05-16-2017 10:58 AM
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ODUDrunkard13 Offline
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RE: What should guaranteed money be used for?
I say we build a massive palapa that can be the center of the second beer garden.
05-16-2017 11:00 AM
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Gilesfan Offline
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Post: #8
RE: What should guaranteed money be used for?
We should use it to start paying recruits under the table.
05-16-2017 11:05 AM
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EverRespect Offline
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RE: What should guaranteed money be used for?
(05-16-2017 11:05 AM)Gilesfan Wrote:  We should use it to start paying recruits under the table.

07-coffee3
05-16-2017 11:08 AM
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ETSUDB8-79 Offline
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RE: What should guaranteed money be used for?
(05-16-2017 11:05 AM)Gilesfan Wrote:  We should use it to start paying recruits under the table.

03-shhhh
05-16-2017 11:09 AM
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monarx Offline
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RE: What should guaranteed money be used for?
Give the assistants small raises, help with COA and put the rest toward the new stadium. Keep in mind, while 1.3 million is a lot of money, it doesn't go as far as it used to.
05-16-2017 11:36 AM
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ODU2K1 Offline
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RE: What should guaranteed money be used for?
Phase II of Foreman 2.0. The sooner that happens the better.
05-16-2017 11:36 AM
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Cyniclone Online
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RE: What should guaranteed money be used for?
Phase 2 isn't getting built with a $1.32M payday. ODU would have to play four buy games every season for five seasons to even make an appreciable dent in the cost difference between Phase 1 and 2. It'd be like winning 50 bucks in the lottery and using it to get incrementally closer to buying a boat.

Take that money and put it somewhere that it can make an immediate impact. Goose the football coaching salaries. Spend a little more on Karen Barefoot's replacement. Put it aside for a boost in hiring JJ's replacement if it comes to that. Buy games -- football or basketball. COA. And there's a bunch of other options that escape my mind, I'm sure.

Point being, this is a drop in the bucket for Phase 2. That's not going to be 100 percent funded by buy games and donations. Use the money in a way that you can experience benefit right away, or at least in the short-term future.
05-16-2017 12:00 PM
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ODUDrunkard13 Offline
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RE: What should guaranteed money be used for?
(05-16-2017 12:00 PM)Cyniclone Wrote:  Use the money in a way that you can experience benefit right away, or at least in the short-term future.

Now is the time to build a dock. Build demand for dock boatgating passes.
05-16-2017 12:04 PM
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cmett003 Offline
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Post: #15
RE: What should guaranteed money be used for?
(05-16-2017 12:00 PM)Cyniclone Wrote:  Phase 2 isn't getting built with a $1.32M payday. ODU would have to play four buy games every season for five seasons to even make an appreciable dent in the cost difference between Phase 1 and 2. It'd be like winning 50 bucks in the lottery and using it to get incrementally closer to buying a boat.

Take that money and put it somewhere that it can make an immediate impact. Goose the football coaching salaries. Spend a little more on Karen Barefoot's replacement. Put it aside for a boost in hiring JJ's replacement if it comes to that. Buy games -- football or basketball. COA. And there's a bunch of other options that escape my mind, I'm sure.

Point being, this is a drop in the bucket for Phase 2. That's not going to be 100 percent funded by buy games and donations. Use the money in a way that you can experience benefit right away, or at least in the short-term future.

I dont think anyone is saying $1.32 mil is covering costs for Phase II but you have to start saving that money at some point. And IMO the sooner the better. When Phase II is done it puts us up near the top of the G5 as far as facilities.
05-16-2017 12:05 PM
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Gilesfan Offline
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Post: #16
RE: What should guaranteed money be used for?
I would venture to guess the issues with Phase 2 is more related to demand than costs, but I could be wrong in that. Maybe a combination of both.
05-16-2017 12:06 PM
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ODUDrunkard13 Offline
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Post: #17
RE: What should guaranteed money be used for?
Let's get this thread back on track. So far the suggestions are Phase II, recruiting bribes, a palapa, boatgating dock, fan redistribution of funds and budgeted expenses. What else?
05-16-2017 12:12 PM
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FTW ODU Offline
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Post: #18
What should guaranteed money be used for?
Buy the massive scoreboard right now. We've gotta replace the current one.
05-16-2017 12:28 PM
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ODU2K1 Offline
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RE: What should guaranteed money be used for?
(05-16-2017 12:28 PM)FTW ODU Wrote:  Buy the massive scoreboard right now. We've gotta replace the current one.

This may be the best idea yet.
05-16-2017 12:51 PM
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DaBigBlue Offline
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Post: #20
RE: What should guaranteed money be used for?
(05-16-2017 12:28 PM)FTW ODU Wrote:  Buy the massive scoreboard right now. We've gotta replace the current one.

Tread Winner.01-ncaabbs
05-16-2017 01:07 PM
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