ODU Monarchs

Hello There, Guest! (LoginRegister)

Post Reply 
NIL Discussion
Author Message
The Flagship Offline
All American
*

Posts: 3,362
Joined: May 2012
Reputation: 80
I Root For: Old Dominion
Location:
Post: #41
RE: NIL Discussion
(01-24-2023 05:05 PM)ODU2017 Wrote:  
(01-24-2023 03:56 PM)BigBlueMonarch Wrote:  Found this article interesting. If you hold down the escape button you can beat the pay wall.

One thought I had as I read it was that perhaps ODU is having issue competing in the transfer portal is because other coaches are openly breaking the rules offering NIL dollars to player to transfer that ODU either doesn't, doesn't want to, or cannot match or beat.
Never thought of how this NIL thing may affect the non-revenue sports. Could we see more teams dropped as wrestling was in a money saving effort? Or, perhaps sports moved in to a different division (for example ONLY don't lose your shirt) dropping Women's Lacrosse to D-III to save money.
https://www.nytimes.com/2023/01/24/magaz...hlete.html

Good question. I have been privately wondering where all this NIL money is coming from. Are big money SEC boosters paying into NIL on top of existing school donations or are they redirecting money that would have gone to the school athletic department to a privatized NIL fund?

Huge implications for the viability of non-revenue sports. There's a lot more interest in offering NIL money to 75+ football players compared to even one volleyball player. I get the impression a lot of big donors want to contribute to football over anything else. Now they have an avenue to do just that.
Pretty sure we will find that most NIL donors are redirecting. ODU has a similar situation when it comes to funding capital improvements. It's generally the same amount of incoming money but just dedicated in a different direction.
But not all of the donation money has found an equilibrium yet. Some donations were already set as a multi-year deal and the NIL situation has caused some to dig deeper. But that will likely level off once the original multi-year commitments end. Which means less money going to the school if donors find the NIL landscape appealing. Some have found that their private NIL deals are becoming too diluted because of legal fees (contract). This may lead to the NIL pool being more attractive as long as the donors get most of what they want in return (promos, etc.).
It's a mess out there right now and, like all transitions, it will take a few more years before the leveling off is complete and we get a real good read on all of this.
01-25-2023 07:15 AM
Find all posts by this user Quote this message in a reply
monarx Online
Hall of Famer
*

Posts: 14,396
Joined: May 2012
Reputation: 268
I Root For: ODU
Location:
Post: #42
RE: NIL Discussion
For those of us who thought dropping to D3 might make some sanity of the NIL situation, apparently NIL is for all divisions. This could potentially be a real disruptor. Could we start seeing guys with legit D1 potential going to D2, or even D3 schools simply for the money? Some of these small private schools have some really rich alums. Imagine a school like Emory stealing a guy from Ga Tech simply because some alumnus offered him $500k a year. It could happen. It probably will. This could really start to affect the D3s if they reach out to guys like DLo or Johnson and start throwing around decent money. Seems like todays players would hypothetically rather play for Va Weslyan and get paid 30k a year (plus scholarship) than play for UMES or Loyola Md for just a scholarship and COA but no NIL money.
(This post was last modified: 03-23-2023 09:21 AM by monarx.)
03-23-2023 08:39 AM
Find all posts by this user Quote this message in a reply
Stat Geek Offline
Heisman
*

Posts: 5,203
Joined: Dec 2021
Reputation: 76
I Root For: Old Dominion
Location:
Post: #43
RE: NIL Discussion
Not likely
03-23-2023 08:44 AM
Find all posts by this user Quote this message in a reply
Monarchist13 Offline
Moderator
*

Posts: 16,857
Joined: May 2012
Reputation: 482
I Root For: ODU
Location: 757
Post: #44
RE: NIL Discussion
(03-23-2023 08:39 AM)monarx Wrote:  For those of us who thought dropping to D3 might make some sanity of the NIL situation, apparently NIL is for all divisions. This could potentially be a real disruptor. Could we start seeing guys with legit D1 potential going to D2, or even D3 schools simply for the money? Some of these small private schools have some really rich alums. Imagine a school like Emory stealing a guy from Ga Tech simply because some alumnus offered him $500k a year. It could happen. It probably will. This could really start to affect the D3s if they reach out to guys like DLo or Johnson and start throwing around decent money. Seems like todays players would hypothetically rather play for Va Weslyan and get paid 30k a year (plus scholarship) than play for UMES or Loyola Md for just a scholarship and COA but no NIL money.

Yes, all levels of athletes can take NIL money for advertisers. But no one is creating a collective for D3 sports.
03-23-2023 09:24 AM
Find all posts by this user Quote this message in a reply
EverRespect Offline
Free Kaplony
*

Posts: 31,322
Joined: May 2012
Reputation: 1156
I Root For: ODU
Location:
Post: #45
RE: NIL Discussion
If someone is worth $500k per year, someone in the P5 is going to pay it so the kid won't be going to a rich D3 school. What bothers me is we are losing people over $20k.

If I accept that JJ is a great Xs and Os coach but the recruiting and turnover is pretty much out of his control due to NIL and the portal. And I accept that raising the $500k money (now ~$1M knowing he has another extension) is no object and has nothing to do with why he is still here. Why is $20k such an object to raise to retain players or recruit proven contributors from elsewhere? That's 25 athletes we can fund with the $500k. We aren't going to get Bryce Young, but we could certainly be in play for some of the top (and proven) FCS football players or top (and proven) basketball players from schools like Kennesaw State. Kids like Trey Freeman that we used to be able to get and retain.

But nobody wanted to have that discussion in the other thread.
03-23-2023 10:58 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: #46
RE: NIL Discussion
Would love to know how a typical NIL agreement is structured. I assume it's only for the time the player is at school x, so could that school theoretically tell the player they have to agree to stay for x number years? Can the value of the NIL go up or down based on players performance? Is he a 1099? Is it a legally binding contract? if so what happens if the player breaks it?
Lots of questions, guess time will answer most of them

Also, Hemphil had a reputation of being a big sports enthusiast. I doubt that has changed. He has to deal with realities none of us have any clue about.
03-23-2023 12:24 PM
Find all posts by this user Quote this message in a reply
ODone Offline
Bench Warmer
*

Posts: 121
Joined: Jan 2020
Reputation: 13
I Root For: ODU
Location:
Post: #47
RE: NIL Discussion
(03-23-2023 12:24 PM)VB Monarch Wrote:  Would love to know how a typical NIL agreement is structured. I assume it's only for the time the player is at school x, so could that school theoretically tell the player they have to agree to stay for x number years? Can the value of the NIL go up or down based on players performance? Is he a 1099? Is it a legally binding contract? if so what happens if the player breaks it?
Lots of questions, guess time will answer most of them

Also, Hemphil had a reputation of being a big sports enthusiast. I doubt that has changed. He has to deal with realities none of us have any clue about.

More likely than players breaking agreements, are these ambiguous collectives breaking (and apparently that's already happening). 17-year-olds and dudes with deep pockets entering into unstructured financial deals is potentially bad setup for the youngsters overall, I would imagine. I think some elite kids are going to get paid and a ton of money, and others are going to get used and abused as they walk away from good situations chasing $20,000 promises. I hope guys like Long get that dang money up front.
03-23-2023 12:49 PM
Find all posts by this user Quote this message in a reply
Monarchblue Online
Heisman
*

Posts: 8,676
Joined: May 2012
Reputation: 170
I Root For: ODU
Location:
Post: #48
RE: NIL Discussion
(03-23-2023 10:58 AM)EverRespect Wrote:  If someone is worth $500k per year, someone in the P5 is going to pay it so the kid won't be going to a rich D3 school. What bothers me is we are losing people over $20k.

If I accept that JJ is a great Xs and Os coach but the recruiting and turnover is pretty much out of his control due to NIL and the portal. And I accept that raising the $500k money (now ~$1M knowing he has another extension) is no object and has nothing to do with why he is still here. Why is $20k such an object to raise to retain players or recruit proven contributors from elsewhere? That's 25 athletes we can fund with the $500k. We aren't going to get Bryce Young, but we could certainly be in play for some of the top (and proven) FCS football players or top (and proven) basketball players from schools like Kennesaw State. Kids like Trey Freeman that we used to be able to get and retain.

But nobody wanted to have that discussion in the other thread.

I think at or level the focus should really be on keeping players, not going out and buying players. We just need to be able to keep enough in the pot to match an offer for a solid player. If we have a start we aren't going to match it, and we aren't going to recruit great players with the level of funding that we are likely able to pull together, but I think we should be able to get enough together to keep the guys that we want to keep, for the most part.
03-23-2023 12:54 PM
Find all posts by this user Quote this message in a reply
Monarchist13 Offline
Moderator
*

Posts: 16,857
Joined: May 2012
Reputation: 482
I Root For: ODU
Location: 757
Post: #49
RE: NIL Discussion
FWIW, ODU has an NIL page on its' website with state law information, a contact form and a direct link to the NIL portal.
https://odusports.com/sports/2023/1/25/N...department
03-23-2023 04:04 PM
Find all posts by this user Quote this message in a reply
JJMonarch Offline
1st String
*

Posts: 1,441
Joined: Mar 2013
Reputation: 59
I Root For: Old Dominion
Location:
Post: #50
RE: NIL Discussion
It’s ironic the way these NIL agreements have become such a focus of the college sports world but I don’t suppose it surprises anyone. What’s interesting to me is I believe the spirit of the NIL gave college athletes an opportunity to make some $ understanding that other college students could earn $ working while attending school. But I wonder what % of college students that work part time jobs would actually be able to make say $20,000 in a school year much less $100,000 as has been reported that Jennings is getting at VT.

This sounds really old fashioned but I worked a part time job every year at ODU ( early 70’s) and the best job was my senior year as sports editor of the Mace and Crown which paid my tuition. Other PT jobs were $10.00 a game for the Tidewater Red Wings, Sears ( min wage), writing game summaries for the athletic director that he could turn in to The Va Pilot on sports they didn’t have the time to cover ( swimming, field hockey, wrestling, etc), in which I was paid by the number of articles written.
Times have certainly changed though but my point is it would have made a lot more sense if the NCAA could have set some parameters on what kids should make with NIL deals ( and it should have been along the lines of what other students earn working part time). Understandably there are 4 and 5 star kids that may be worth millions some day but I don’t get where players should be allowed to earn that much money playing any college sport. If they are worth that much let them sign a pro contract someplace. But of course that will never happen because college sports are worth as much to ESPN as pro sports. At any rate, that’s my frustration of the day. Let’s hope that some level of sanity will resume in college sports someday while us old guys are still around to enjoy it with some confidence that our beloved school has a chance to compete.
03-23-2023 05:35 PM
Find all posts by this user Quote this message in a reply
EverRespect Offline
Free Kaplony
*

Posts: 31,322
Joined: May 2012
Reputation: 1156
I Root For: ODU
Location:
Post: #51
RE: NIL Discussion
(03-23-2023 05:35 PM)JJMonarch Wrote:  It’s ironic the way these NIL agreements have become such a focus of the college sports world but I don’t suppose it surprises anyone. What’s interesting to me is I believe the spirit of the NIL gave college athletes an opportunity to make some $ understanding that other college students could earn $ working while attending school. But I wonder what % of college students that work part time jobs would actually be able to make say $20,000 in a school year much less $100,000 as has been reported that Jennings is getting at VT.

This sounds really old fashioned but I worked a part time job every year at ODU ( early 70’s) and the best job was my senior year as sports editor of the Mace and Crown which paid my tuition. Other PT jobs were $10.00 a game for the Tidewater Red Wings, Sears ( min wage), writing game summaries for the athletic director that he could turn in to The Va Pilot on sports they didn’t have the time to cover ( swimming, field hockey, wrestling, etc), in which I was paid by the number of articles written.
Times have certainly changed though but my point is it would have made a lot more sense if the NCAA could have set some parameters on what kids should make with NIL deals ( and it should have been along the lines of what other students earn working part time). Understandably there are 4 and 5 star kids that may be worth millions some day but I don’t get where players should be allowed to earn that much money playing any college sport. If they are worth that much let them sign a pro contract someplace. But of course that will never happen because college sports are worth as much to ESPN as pro sports. At any rate, that’s my frustration of the day. Let’s hope that some level of sanity will resume in college sports someday while us old guys are still around to enjoy it with some confidence that our beloved school has a chance to compete.

I might be wrong, but I thought the spirit of it was premised on the argument that people were profiting on their labor and they should get their share of that. For example, if Alabama, Nike, or whoever profits $10M in Bryce Young jerseys, he should get a cut. At a more local level, he should be able to make a commercial for the local Ford dealership and get compensated. The system seems to have been set up where the schools make the deals using a funding pool, as opposed to the athletes making the deals with the entities of interest. While the effectiveness of this set up is questionable, I think the spirit is exactly what it says, Name, Image and Likeness. It was probably set up the way it was over concerns that someone like Nike or ESPN would pay Bryce Young directly $10M to go to Alabama and the schools and the NCAA would lose control. It's probably where we are eventually heading. But I could be wrong, just pontificating.
03-24-2023 08:03 AM
Find all posts by this user Quote this message in a reply
BigBlueMonarch Offline
King of All Things Unimportant
*

Posts: 2,259
Joined: May 2012
Reputation: 35
I Root For: Old Dominion University
Location: Frederick, Maryland
Post: #52
RE: NIL Discussion
The NCAA eff'd this whole thing up. Because they were money hungry instead of giving profits back to the athletes we now have a free for all that is going to destroy everything that made college sports great. They could still put a clamp on all this but will sit on their hands. I think Wood and the NCAA are just waiting for the P5 to break away and the NCAA will reformulate around the remaining schools.
03-24-2023 11:57 AM
Find all posts by this user Quote this message in a reply
monarx Online
Hall of Famer
*

Posts: 14,396
Joined: May 2012
Reputation: 268
I Root For: ODU
Location:
Post: #53
RE: NIL Discussion
(03-24-2023 11:57 AM)BigBlueMonarch Wrote:  The NCAA eff'd this whole thing up. Because they were money hungry instead of giving profits back to the athletes we now have a free for all that is going to destroy everything that made college sports great. They could still put a clamp on all this but will sit on their hands. I think Wood and the NCAA are just waiting for the P5 to break away and the NCAA will reformulate around the remaining schools.

I think that will happen, but it could take a while. I'd guess 5-10 years. I hope Wood isn't content to stink for another decade while this all gets sorted out.
03-24-2023 12:30 PM
Find all posts by this user Quote this message in a reply
JJMonarch Offline
1st String
*

Posts: 1,441
Joined: Mar 2013
Reputation: 59
I Root For: Old Dominion
Location:
Post: #54
RE: NIL Discussion
(03-24-2023 08:03 AM)EverRespect Wrote:  
(03-23-2023 05:35 PM)JJMonarch Wrote:  It’s ironic the way these NIL agreements have become such a focus of the college sports world but I don’t suppose it surprises anyone. What’s interesting to me is I believe the spirit of the NIL gave college athletes an opportunity to make some $ understanding that other college students could earn $ working while attending school. But I wonder what % of college students that work part time jobs would actually be able to make say $20,000 in a school year much less $100,000 as has been reported that Jennings is getting at VT.

This sounds really old fashioned but I worked a part time job every year at ODU ( early 70’s) and the best job was my senior year as sports editor of the Mace and Crown which paid my tuition. Other PT jobs were $10.00 a game for the Tidewater Red Wings, Sears ( min wage), writing game summaries for the athletic director that he could turn in to The Va Pilot on sports they didn’t have the time to cover ( swimming, field hockey, wrestling, etc), in which I was paid by the number of articles written.
Times have certainly changed though but my point is it would have made a lot more sense if the NCAA could have set some parameters on what kids should make with NIL deals ( and it should have been along the lines of what other students earn working part time). Understandably there are 4 and 5 star kids that may be worth millions some day but I don’t get where players should be allowed to earn that much money playing any college sport. If they are worth that much let them sign a pro contract someplace. But of course that will never happen because college sports are worth as much to ESPN as pro sports. At any rate, that’s my frustration of the day. Let’s hope that some level of sanity will resume in college sports someday while us old guys are still around to enjoy it with some confidence that our beloved school has a chance to compete.

I might be wrong, but I thought the spirit of it was premised on the argument that people were profiting on their labor and they should get their share of that. For example, if Alabama, Nike, or whoever profits $10M in Bryce Young jerseys, he should get a cut. At a more local level, he should be able to make a commercial for the local Ford dealership and get compensated. The system seems to have been set up where the schools make the deals using a funding pool, as opposed to the athletes making the deals with the entities of interest. While the effectiveness of this set up is questionable, I think the spirit is exactly what it says, Name, Image and Likeness. It was probably set up the way it was over concerns that someone like Nike or ESPN would pay Bryce Young directly $10M to go to Alabama and the schools and the NCAA would lose control. It's probably where we are eventually heading. But I could be wrong, just pontificating.

I am sure you are correct. I seem to remember in the discussions of NIL the argument was often that student athletes did not have the opportunity to earn money with a Part time job as other college students could, but your thoughts make sense for the bigger picture.
03-24-2023 05:47 PM
Find all posts by this user Quote this message in a reply
bluelight Offline
1st String
*

Posts: 1,459
Joined: Apr 2013
Reputation: 10
I Root For: ODU
Location:
Post: #55
RE: NIL Discussion
I am not an expert on this NIL status or when it started. To me it is wrong and definitely will hurt schools like ODU. I do believe when Dr. Selig hired Blaine Taylor to fund raise the NIL should have been in the discussion, at least. If Wood has the money to hire Blaine, they should have worked hard to find a way to help ODU, even if it was only basketball. As I look at it today, it appears Wood has dragged his feet again. I am not even sure if something can be done this late, which put ODU behind again. At least try to find a way. Wood has had two coaches in revenue sports, that he let them drag on for 10 years each. Wood is not a Dr. Jarrett, at least he cared abouts sports, and not just money. I feel sorry for the fans, who lead the league again in attendance. As long as this AD is in charge, I fear the revenue programs will steady drop considering football is very tough in the SunBelt and basketball will continue to have it's 5 or 6 transfer each year.
04-02-2023 06:44 PM
Find all posts by this user Quote this message in a reply
Justice2318 Online
Special Teams
*

Posts: 568
Joined: Jul 2015
Reputation: 9
I Root For: Old Dominion
Location:
Post: #56
RE: NIL Discussion
We need one of the Local Breweries to do this with a Monarch Themed Beer

04-03-2023 02:29 PM
Find all posts by this user Quote this message in a reply
Monarchist13 Offline
Moderator
*

Posts: 16,857
Joined: May 2012
Reputation: 482
I Root For: ODU
Location: 757
Post: #57
RE: NIL Discussion
(04-03-2023 02:29 PM)Justice2318 Wrote:  We need one of the Local Breweries to do this with a Monarch Themed Beer


Nice idea and a good write off for the brewery but they’ll need to sell 100k pints to make $10k for the fund.
04-03-2023 02:36 PM
Find all posts by this user Quote this message in a reply
monarx Online
Hall of Famer
*

Posts: 14,396
Joined: May 2012
Reputation: 268
I Root For: ODU
Location:
Post: #58
RE: NIL Discussion
(04-03-2023 02:36 PM)Monarchist13 Wrote:  
(04-03-2023 02:29 PM)Justice2318 Wrote:  We need one of the Local Breweries to do this with a Monarch Themed Beer


Nice idea and a good write off for the brewery but they’ll need to sell 100k pints to make $10k for the fund.

We just need the Monarch themed beer they've been promising us for years already.
04-03-2023 02:58 PM
Find all posts by this user Quote this message in a reply
Justice2318 Online
Special Teams
*

Posts: 568
Joined: Jul 2015
Reputation: 9
I Root For: Old Dominion
Location:
Post: #59
RE: NIL Discussion
(04-03-2023 02:36 PM)Monarchist13 Wrote:  
(04-03-2023 02:29 PM)Justice2318 Wrote:  We need one of the Local Breweries to do this with a Monarch Themed Beer


Nice idea and a good write off for the brewery but they’ll need to sell 100k pints to make $10k for the fund.

I get that but something is better than nothing. Thought is was a neat idea.
04-03-2023 03:39 PM
Find all posts by this user Quote this message in a reply
Mo Blue Den You Offline
1st String
*

Posts: 1,501
Joined: Jan 2015
Reputation: 41
I Root For: Old Dominion
Location:
Post: #60
RE: NIL Discussion
(04-25-2023 09:23 AM)Chillie Willie Wrote:  
(04-25-2023 08:46 AM)Stat Geek Wrote:  For posters that are concerned that we don't shoot for the stars...

We had Isaih Evans on campus for an unofficial visit. Hes the 10th rated prospect in the class with unofficial visits to ODU, NC State, and Clemson. Duke offered and was his first official visit.

https://247sports.com/Player/Isaiah-Evans-46116361/

That’s good news. I guess it’s a small victory to get someone of that caliber to come to campus.

In an effort not to sidetrack the recruiting thread I've brought my conversation here.

First off, I think its incredible we got this Isaiah Evans on campus. Hats off to the staff.

Second, I agree and think the new asst. coaches are doing a great job elevating and recruiting better talents.

Here comes the brick wall in our way IMO. By ESPN hes rated as the 35th best player in the country and 10th best by 247. I feel like this guy will be making money before he ever steps on a college campus. At the same time, if he transfers, he's likely to score another pretty solid payout.

I understand having to try with guys but lets be real, now that NIL money is here can we even compete? I remember years back we had Jeff in the home of Bam Adebayo whos currently playing for the Heat up 3-1 against the Bucks. Dude is a stud. At the time in 2015/16 we had posters arguing why waste resources on a player we know we wont land. I understand both sides to that argument but still thought we did the right thing by going to visit him.

Now with todays landscape, I almost do feel like its a waste of our resources, especially if we cant offer deals to these types of players (just facts not whining). I understand theres previous commitments to other Athletic projects but my question is, can we really compete? Even if these guys happen to transfer?

Money isnt everything but I feel players of his caliber will always have suitors lined up with bags.
04-25-2023 12:35 PM
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.