ODU Monarchs

Hello There, Guest! (LoginRegister)

Post Reply 
NIL Discussion
Author Message
Monarchist13 Offline
Moderator
*

Posts: 17,009
Joined: May 2012
Reputation: 487
I Root For: ODU
Location: 757
Post: #201
RE: NIL Discussion
(05-19-2023 05:03 AM)VB Monarch Wrote:  So if I understand (questionable) Hendersons deal is a NIL between him and HyVal. The collective is something different? Where a player is paid from a pool of money with no one particular sponsor?

The collective was formed by a group of business owners who are willing to give our athletes money. They don't anticipate seeing a return on their investment, they just want to support ODU as much as possible. However, they will have athletes do different promotional events, commercials, appearances, etc so it can remain above board.

I don't know if this promotional event has anything to do with the collective and Henderson. I just know he has a deal with the collective. And since HyVal is one of the best sponsors of ODU athletics, one might assume they are involved with the collective.
(This post was last modified: 05-19-2023 08:41 AM by Monarchist13.)
05-19-2023 08:25 AM
Find all posts by this user Quote this message in a reply
VB Monarch Offline
All American
*

Posts: 2,938
Joined: Dec 2018
Reputation: 49
I Root For: Old Dominion
Location: Almost six feet deep
Post: #202
RE: NIL Discussion
Then how do individual fans (donors) fit in? If I wanted to donate $$ to the collective could I?
05-19-2023 08:35 AM
Find all posts by this user Quote this message in a reply
monarx Online
Hall of Famer
*

Posts: 14,500
Joined: May 2012
Reputation: 274
I Root For: ODU
Location:
Post: #203
RE: NIL Discussion
(05-19-2023 08:25 AM)Monarchist13 Wrote:  
(05-19-2023 05:03 AM)VB Monarch Wrote:  So if I understand (questionable) Hendersons deal is a NIL between him and HyVal. The collective is something different? Where a player is paid from a pool of money with no one particular sponsor?

The collective is a group of business owners who are willing to give our athletes money. They don't anticipate seeing a return on their investment, they just want to support ODU as much as possible. However, they will have athletes do different promotional events, commercials, appearances, etc so it can remain above board.

I don't know if this promotional event has anything to do with the collective and Henderson. I just know he has a deal with the collective. And since HyVal is one of the best sponsors of ODU athletics, one might assume they are involved with the collective.

Do you know if there will be a way for individuals to give smaller donations to the collective (say $500 or less,) or is that sort of smaller giving not even worth the collective's time?
05-19-2023 08:38 AM
Find all posts by this user Quote this message in a reply
Monarchist13 Offline
Moderator
*

Posts: 17,009
Joined: May 2012
Reputation: 487
I Root For: ODU
Location: 757
Post: #204
RE: NIL Discussion
(05-19-2023 08:35 AM)VB Monarch Wrote:  Then how do individual fans (donors) fit in? If I wanted to donate $$ to the collective could I?

If they decided to start fundraising outside of the major donors, since they are a 501c3 they could collect funds from fans and disburse them to the student athletes as part of their regular business with student athletes. But until they go public, that would need to be done privately by working through contacts inside the collective.
(This post was last modified: 05-19-2023 08:40 AM by Monarchist13.)
05-19-2023 08:40 AM
Find all posts by this user Quote this message in a reply
Monarchist13 Offline
Moderator
*

Posts: 17,009
Joined: May 2012
Reputation: 487
I Root For: ODU
Location: 757
Post: #205
RE: NIL Discussion
I'm no lawyer but that seems fairly unenforceable without the federal government getting involved.



link: https://twitter.com/RossDellenger/status...63904?s=20
06-27-2023 01:07 PM
Find all posts by this user Quote this message in a reply
monarx Online
Hall of Famer
*

Posts: 14,500
Joined: May 2012
Reputation: 274
I Root For: ODU
Location:
Post: #206
RE: NIL Discussion
https://www.si.com/college/2023/05/30/se...hot-topics

A fascinating article found on that same guy's twitter feed. The average P5 football player gets $10k to $50K NIL money, with five or more per team typically making over $100k each.
06-27-2023 01:30 PM
Find all posts by this user Quote this message in a reply
Nukesquad Offline
1st String
*

Posts: 1,549
Joined: May 2013
Reputation: 24
I Root For: ODU
Location:
Post: #207
RE: NIL Discussion
(06-27-2023 01:30 PM)monarx Wrote:  https://www.si.com/college/2023/05/30/se...hot-topics

A fascinating article found on that same guy's twitter feed. The average P5 football player gets $10k to $50K NIL money, with five or more per team typically making over $100k each.

P5 basketball is looking very similar. I am predicting that the P5 to G5 gap will only increase as this is the new normal. G5 schools will be able to get a handful of FB/MBB recruits at the $10-20k range, but that will be it. We have already seen (and will only become more and more prevalent) that G5 schools will just be the stepping stone to P5 and won't be able to retain younger talent. And P5 players on the lower pay-scale will be making decisions on if the $$ to stay or taking little/no pay to transfer & play more at the G5 level.
06-27-2023 02:35 PM
Find all posts by this user Quote this message in a reply
ODU2017 Offline
1st String
*

Posts: 1,662
Joined: Jun 2017
Reputation: 100
I Root For: Old Dominion University
Location:
Post: #208
RE: NIL Discussion
(06-27-2023 01:07 PM)Monarchist13 Wrote:  I'm no lawyer but that seems fairly unenforceable without the federal government getting involved.



link: https://twitter.com/RossDellenger/status...63904?s=20

What a mess. Many P5s lack the deep donor network required to fund both NIL and school athletic donations. Look out for some scandal where an athletic department funnels funding to NIL. NCAA sanctions… school files a lawsuit… system goes kaboom.
06-27-2023 04:48 PM
Find all posts by this user Quote this message in a reply
Justice2318 Offline
Special Teams
*

Posts: 581
Joined: Jul 2015
Reputation: 9
I Root For: Old Dominion
Location:
Post: #209
RE: NIL Discussion
06-28-2023 11:23 AM
Find all posts by this user Quote this message in a reply
Retroview1955 Offline
1st String
*

Posts: 1,121
Joined: Nov 2016
Reputation: 21
I Root For: ODU
Location:
Post: #210
RE: NIL Discussion
(06-27-2023 02:35 PM)Nukesquad Wrote:  
(06-27-2023 01:30 PM)monarx Wrote:  https://www.si.com/college/2023/05/30/se...hot-topics

A fascinating article found on that same guy's twitter feed. The average P5 football player gets $10k to $50K NIL money, with five or more per team typically making over $100k each.

P5 basketball is looking very similar. I am predicting that the P5 to G5 gap will only increase as this is the new normal. G5 schools will be able to get a handful of FB/MBB recruits at the $10-20k range, but that will be it. We have already seen (and will only become more and more prevalent) that G5 schools will just be the stepping stone to P5 and won't be able to retain younger talent. And P5 players on the lower pay-scale will be making decisions on if the $$ to stay or taking little/no pay to transfer & play more at the G5 level.
So I guess there's no point for G5 sports anymore, huh?
06-30-2023 12:22 AM
Find all posts by this user Quote this message in a reply
ODU2017 Offline
1st String
*

Posts: 1,662
Joined: Jun 2017
Reputation: 100
I Root For: Old Dominion University
Location:
Post: #211
RE: NIL Discussion
(06-30-2023 12:22 AM)Retroview1955 Wrote:  
(06-27-2023 02:35 PM)Nukesquad Wrote:  
(06-27-2023 01:30 PM)monarx Wrote:  https://www.si.com/college/2023/05/30/se...hot-topics

A fascinating article found on that same guy's twitter feed. The average P5 football player gets $10k to $50K NIL money, with five or more per team typically making over $100k each.

P5 basketball is looking very similar. I am predicting that the P5 to G5 gap will only increase as this is the new normal. G5 schools will be able to get a handful of FB/MBB recruits at the $10-20k range, but that will be it. We have already seen (and will only become more and more prevalent) that G5 schools will just be the stepping stone to P5 and won't be able to retain younger talent. And P5 players on the lower pay-scale will be making decisions on if the $$ to stay or taking little/no pay to transfer & play more at the G5 level.
So I guess there's no point for G5 sports anymore, huh?

I think offering athletics for young adults is a positive good for athletes, students and the community. But the more money is involved in decisions the more the whole thing becomes just a business. Sports has sentimental intrinsic value in a way business does not. The business-first mindset is driving NCAA sports to become a national 32 team junior NFL.
06-30-2023 01:36 AM
Find all posts by this user Quote this message in a reply
ODUalum78 Online
Overseer of the Unwashed Masses
*

Posts: 9,346
Joined: May 2012
Reputation: 158
I Root For: ODU
Location: Chesterfield, Va

Lion's Den Poster of the Year
Post: #212
RE: NIL Discussion
Oh, boy

Quote:the NCAA strongly clarifies its NIL policy by warning schools that (1) they must follow NCAA rules even if they conflict with state laws........

At the Power 5 level, especially the small number of elite programs, the courtroom arena is about to become as prolific for spectators as are the actual athletics.

03-banghead03-banghead03-banghead
06-30-2023 12:20 PM
Find all posts by this user Quote this message in a reply
ODU2017 Offline
1st String
*

Posts: 1,662
Joined: Jun 2017
Reputation: 100
I Root For: Old Dominion University
Location:
Post: #213
RE: NIL Discussion
(06-30-2023 12:20 PM)ODUalum78 Wrote:  Oh, boy

Quote:the NCAA strongly clarifies its NIL policy by warning schools that (1) they must follow NCAA rules even if they conflict with state laws........

At the Power 5 level, especially the small number of elite programs, the courtroom arena is about to become as prolific for spectators as are the actual athletics.

03-banghead03-banghead03-banghead

Fans lament the loss of historic rivalries brought about by realignment. But they are really just too narrowminded to appreciate the new passionate rivalries created between mega brands and the NCAA. Who's to say if there is more heart stopping drama in a Hail Mary pass or a brilliant deposition? Put it on TV so the fans can cheer for their favorite attorney.
06-30-2023 01:47 PM
Find all posts by this user Quote this message in a reply
Mr.BigBlue Offline
All American
*

Posts: 4,830
Joined: May 2012
Reputation: 37
I Root For: Old Dominion
Location:
Post: #214
RE: NIL Discussion
You can become part of a collective or approach the Athletic Admin about forming your own collective. Individuals can put money into a collective as along as the disbursement follows certain rules. BTW...as you have seen above those rules are virtually impossible to enforce or follow. My recommendation is to keep it separate from your personal finances.
07-01-2023 05:56 AM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.