The “We Will” Collective

[Macloney]

Beyond who is setting this up, I am curious how these things will run. How do they determine who to pay and how much to pay? Do they have like a board of directors that will sit down with TJ and CMC and negotiate player offers for the next year? I know they are entities outside the school, but ultimately it is the coaches who are identifying who they want to recruit and retain.

What will the administration costs be?

 

[ISUCyclones2015]

Beyond who is setting this up, I am curious how these things will run. How do they determine who to pay and how much to pay? Do they have like a board of directors that will sit down with TJ and CMC and negotiate player offers for the next year? I know they are entities outside the school, but ultimately it is the coaches who are identifying who they want to recruit and retain.

If it goes like KSU or Florida you have three options as a donor:

Specific Player
Specific Team
General Fund which doles it out based on a board of directors (former alumni).

 

[ISUCyclones2015]

What will the administration costs be?

The only one I could find so far is Florida mentioning 10-15% admin costs

 

[nfrine]

Please point out these stupid takes.

Gunner, there is a word limit....

 

[Jer]

Here's an abbreviated version (snippets) of something I posted a few days ago after working with somebody involved in the process. Big disclaimer that these were his early projections with not a lot of precedent to go off of and could end up wildly different.
...

• Small Tier Donors = 1,000 donors at average of $200 per year
• Mid Tier Donors = 25 donors at average of $5,000 per year
• High Tier Donors = 5-8 donors at average of $25,000 per year
• Max Donors = 2 donors at $100,000 per year

Total collective amount = 500K to 600K per year
Direct NIL donations = 200K to 500K per year
...
Based on people he’s talked to at Michigan State, Minnesota, Illinois, Kansas State, Kansas, Northwestern, and Iowa, our projected collective amount (plus high dollar one offs) would be less than half of just the minimum collective projections of any of those competitors (many haven't found the need yet for a collective based on high-roller donors being more than enough). Then, each of those schools has high-roller donors that would cumulatively donate directly at roughly $1.5 to $5 million annually. (Iowa being on the low end of that group)
...
For context, he’s seeing NIL figures ranging from 50-200K for a mid 3-star recruit to 750K for a mid 4-star recruit, and over 1-1.5mil for a 5-star recruit in the transfer portal. Football is heating up to the point that anybody in the Top 150-350 is demanding 75K to 125K or more, with Top 100 to 150 now reaching 500K right out of HS.
...

 

[Cyclonepride]

So this is going to be like, a few elites asking a lot of poors for money situation? Cool.

Guessing those people will be giving 1000 times more than your average Joe, but hate them if you will

 

[Cyclonepride]

Here's an abbreviated version (snippets) of something I posted a few days ago after working with somebody involved in the process. Big disclaimer that these were his early projections with not a lot of precedent to go off of and could end up wildly different.
...

• Small Tier Donors = 1,000 donors at average of $200 per year
• Mid Tier Donors = 25 donors at average of $5,000 per year
• High Tier Donors = 5-8 donors at average of $25,000 per year
• Max Donors = 2 donors at $100,000 per year

Total collective amount = 500K to 600K per year
Direct NIL donations = 200K to 500K per year
...
Based on people he’s talked to at Michigan State, Minnesota, Illinois, Kansas State, Kansas, Northwestern, and Iowa, our projected collective amount (plus high dollar one offs) would be less than half of just the minimum collective projections of any of those competitors (many haven't found the need yet for a collective based on high-roller donors being more than enough). Then, each of those schools has high-roller donors that would cumulatively donate directly at roughly $1.5 to $5 million annually.
...
For context, he’s seeing NIL figures ranging from 50-200K for a mid 3-star recruit to 750K for a mid 4-star recruit, and over 1-1.5mil for a 5-star recruit in the transfer portal. Football is heating up to the point that anybody in the Top 150-350 is demanding 75K to 125K or more, with Top 100 to 150 now reaching 500K right out of HS.
...

Damn, how does a 52 year old out of shape dude get 4 stars?

 

[theshadow]

In before someone gets upset about linking the legacy of Jack Trice to paying players, or something like that.

No worse than using it to promote basketball in Wayne's last season.

 

[cyfan92]

Just casually tried to test the interest in mrs cyfan92 in throwing our money into NIL.

She was mad I asked... I believe her quote was "you want to pay 18 year old's with our money... I'd rather our money be given to hungry children"

Looks like I'm out fam..

 

[cyIclSoneU]

Based on people he’s talked to at Michigan State, Minnesota, Illinois, Kansas State, Kansas, Northwestern, and Iowa, our projected collective amount (plus high dollar one offs) would be less than half of just the minimum collective projections of any of those competitors (many haven't found the need yet for a collective based on high-roller donors being more than enough). Then, each of those schools has high-roller donors that would cumulatively donate directly at roughly $1.5 to $5 million annually. (Iowa being on the low end of that group)

This was always gonna be a very uphill battle for a school with as weak of a donor base as ours.

 

[IOWASTATE]

How much will it cost to become a 4* recruit?

 

[ISUCyclones2015]

Just casually tried to test the interest in mrs cyfan92 in throwing our money into NIL.

She was mad I asked... I believe her quote was "you want to pay 18 year old's with our money... I'd rather our money be given to hungry children"

Looks like I'm out fam..

Shabazz Napier would like a word about being hungry

 

[Cyrealist]

Here's an abbreviated version (snippets) of something I posted a few days ago after working with somebody involved in the process. Big disclaimer that these were his early projections with not a lot of precedent to go off of and could end up wildly different.
...

• Small Tier Donors = 1,000 donors at average of $200 per year
• Mid Tier Donors = 25 donors at average of $5,000 per year
• High Tier Donors = 5-8 donors at average of $25,000 per year
• Max Donors = 2 donors at $100,000 per year

Total collective amount = 500K to 600K per year
Direct NIL donations = 200K to 500K per year
...
Based on people he’s talked to at Michigan State, Minnesota, Illinois, Kansas State, Kansas, Northwestern, and Iowa, our projected collective amount (plus high dollar one offs) would be less than half of just the minimum collective projections of any of those competitors (many haven't found the need yet for a collective based on high-roller donors being more than enough). Then, each of those schools has high-roller donors that would cumulatively donate directly at roughly $1.5 to $5 million annually. (Iowa being on the low end of that group)
...
For context, he’s seeing NIL figures ranging from 50-200K for a mid 3-star recruit to 750K for a mid 4-star recruit, and over 1-1.5mil for a 5-star recruit in the transfer portal. Football is heating up to the point that anybody in the Top 150-350 is demanding 75K to 125K or more, with Top 100 to 150 now reaching 500K right out of HS.
...

If those numbers are anywhere close to accurate, I'm out. It was fun while it lasted. 130 years is a pretty good run. This is about as far from Jack Trice as one can get.

 

[CascadeClone]

So this is going to be like, a few elites asking a lot of poors for money situation? Cool.

To each according to his need, from each according to his ability. Always works, every time!

 

[cyfan92]

Shabazz Napier would like a word about being hungry

I lived with a track student athlete in the early 2010's.. His family was poorer than poor and he was WELL taken care of thru stipend and food allowances.. That story was the biggest farce in the world and also not a problem in 2022 with current NCAA guidelines

 

[brett108]

Here's an abbreviated version (snippets) of something I posted a few days ago after working with somebody involved in the process. Big disclaimer that these were his early projections with not a lot of precedent to go off of and could end up wildly different.
...

• Small Tier Donors = 1,000 donors at average of $200 per year
• Mid Tier Donors = 25 donors at average of $5,000 per year
• High Tier Donors = 5-8 donors at average of $25,000 per year
• Max Donors = 2 donors at $100,000 per year

Total collective amount = 500K to 600K per year
Direct NIL donations = 200K to 500K per year
...
Based on people he’s talked to at Michigan State, Minnesota, Illinois, Kansas State, Kansas, Northwestern, and Iowa, our projected collective amount (plus high dollar one offs) would be less than half of just the minimum collective projections of any of those competitors (many haven't found the need yet for a collective based on high-roller donors being more than enough). Then, each of those schools has high-roller donors that would cumulatively donate directly at roughly $1.5 to $5 million annually. (Iowa being on the low end of that group)
...
For context, he’s seeing NIL figures ranging from 50-200K for a mid 3-star recruit to 750K for a mid 4-star recruit, and over 1-1.5mil for a 5-star recruit in the transfer portal. Football is heating up to the point that anybody in the Top 150-350 is demanding 75K to 125K or more, with Top 100 to 150 now reaching 500K right out of HS.
...

I'm with you but explain to me who the high roller donors are at Kansas State? They are not brimming with state of the art facilities in Manhattan, KS. And Northwestern likely has wealthy alums but they have never dumped cash into their AD. To say we are at half of Kansas State seems absurd.

 

[TheHelgo]

maybe some heavyweight will front load the collective with $5 Mil or something. I saw in the twitter comments that there is some thought it could be tax deductible in some fashion (filtering through charities, who then hire the athletes to promote). If that is actually feasible, I could justify (with my wife) making annual donations to this.

 

[isutrevman]

Just casually tried to test the interest in mrs cyfan92 in throwing our money into NIL.

She was mad I asked... I believe her quote was "you want to pay 18 year old's with our money... I'd rather our money be given to hungry children"

Looks like I'm out fam..

Your wife isn't wrong, but that logic could be applied to 90% of the things people buy. Tell her that, I'm sure she'll come around.

 

[ISUCyclones2015]

Your wife isn't wrong, but that logic could be applied to 90% of the things people buy. Tell her that, I'm sure she'll come around.

"That wedding ring could feed a lot of hungry children if we sold it"

 

[CascadeClone]

If those numbers are anywhere close to accurate, I'm out. It was fun while it lasted. 130 years is a pretty good run. This is about as far from Jack Trice as one can get.

I don't see a huge distinction between putting $200 to the AD vs putting $200 to this fund. 6 of 1, as they say.

I don't love it either, and I am not sure I will donate, or even continue in the NCC or buying season tix. But that has more to do with my sports interest waning as I age, than another $200 annual. Every year I care a little less about sports in general.