Otzelberger to Indiana?

not-the-manager

Active Member
Mar 1, 2023
144
212
43
Wait are you suggesting TJ renegotiated the deal with a lower buyout, which happened in December, because he had already agreed to become IU’s new head coach, even though they’re current coach hadn’t been fired yet?
I was mistaken on when the deal was struck, I didn’t think it was that long ago. In my defense, we can assume Indiana knew they were going to give Woodson an ultimatum before they announced, plus he wasn’t fired, so they definitely talked to him before Feb. 7 (“You can step down or be fired”). But mostly I’m an idiot, thanks for the clarification
 
  • Agree
Reactions: dafarmer

not-the-manager

Active Member
Mar 1, 2023
144
212
43
Usually contract details don't come out until a news organization submits a Freedom of Information Act request and it gets completely processed. It's pretty common that that happens months after a contract extension is announced.
That’s interesting, thank you
 

Mr.G.Spot

Well-Known Member
SuperFanatic
SuperFanatic T2
Apr 22, 2020
5,742
209
113
60
I believe the lower buyout has to do with NIL. I don't completely understand, but my understanding is that by lowering the buyout the school has less liability and therefore can feel better about spending money on NIL. The part I don't understand is that I thought that the buyout when firing a coach was the full length of the remaining contract and the buyout we often talk about is what the new school has to pay you if your coach takes another job.

I'm pretty sure the Quad City newspaper got the details of the contract. That's why we know the buyout is 4 million.
Iowa State generally does not release the contract because newspapers, historically, have filed for disclosure under FOIA. That is what the. QC times did.
 

Marcelason78

Well-Known Member
Mar 4, 2022
3,817
4,450
113
Sounds like there is more of a willingness to bring in Beard

Could be not good feedback from a couple of top candidates
If Indiana is willing to look past his past legal issues, Beard would be the best ‘available’ coach they could hire. No doubt he would win there.
 
  • Like
Reactions: fsanford

brentblum

Administrator
Staff member
SuperFanatic
SuperFanatic T2
Jul 26, 2007
3,016
14,057
113
I donated a few weeks ago. Is it better to not contribute and wait until one of these comes along?
It all adds up. We have donors matching gifts until the Final Four which happens to coincide with the portal :cool: …we’re at about $70,000 now. They agreed to match $200,000. But with everyone stepping up I think could be increased! One donor in particular told me he wanted the entire fanbase to step up and he would do more
 

AuH2O

Well-Known Member
Sep 7, 2013
12,999
20,962
113
That's true I forgot about that saga. Dan Hurley is a ****. Okay it actually doesn't surprise me he'd turn it down. He's not what id call a players coach. I do think you have to be a players coach to reasonably believe you'd have any success at that level
Coach K as well. Basically Hurley, Weight and K, the three college guys they good enough to get a crack at it did actually turn it down. I mean they just hired a podcaster whose coaching resume is 4th graders, so I think you’re overestimating the appeal of the job. It’s def not for everybody.

But the college turnover might make the NBA look more appealing to the top college coaches.
 

FinalFourCy

Well-Known Member
Mar 5, 2017
10,435
10,160
113
41
It all adds up. We have donors matching gifts until the Final Four which happens to coincide with the portal :cool: …we’re at about $70,000 now. They agreed to match $200,000. But with everyone stepping up I think could be increased! One donor in particular told me he wanted the entire fanbase to step up and he would do more
So if 100k+ Cyclone fans each donated $2, we’d have $400k more NIL

I think increasing the odds of being better is worth at least $10 to 25k Cyclones. I mean, as a fanbase we’re going to spend 100 times that in KC next week.

Going to the NCAA 1st round, I’d spend way over $10 for the chance at a better trip. For example, less commute time, better food…winning.

It would be an extremely sad market inefficiency if we don’t match that $200k

I know it’s not exactly the same, but if $10k improved our Final Four odds even 50%, I’d do it. Although I’d bet against us in each round of the tournament as a hedge against my investment.
 
Last edited:

brentblum

Administrator
Staff member
SuperFanatic
SuperFanatic T2
Jul 26, 2007
3,016
14,057
113
So if 100k+ Cyclone fans each donated $2, we’d have $400k more NIL

I think increasing the odds of being better is worth at least $10 to 25k Cyclones. I mean, as a fanbase we’re going to spend 100 times that in KC next week.

Going to the NCAA 1st round, I’d spend way over $10 for the chance at a better trip. For example, less commute time, better food…winning.

It would be an extremely sad market inefficiency if we don’t match that $200k
Thank you.
 
  • Like
Reactions: nrg4isu

ClonesTwenty1

Well-Known Member
May 23, 2018
17,806
21,820
113
It all adds up. We have donors matching gifts until the Final Four which happens to coincide with the portal :cool: …we’re at about $70,000 now. They agreed to match $200,000. But with everyone stepping up I think could be increased! One donor in particular told me he wanted the entire fanbase to step up and he would do more
Where do we donate?
 

FinalFourCy

Well-Known Member
Mar 5, 2017
10,435
10,160
113
41
Wewillcollective.com …thank you!

For those that may not be familiar with We Will and NIL, how capable is earmarking for MBB?


Do you know of any NIL collectives/AD that do options?

Say, an investor gives $xx but has the right to some portion of that back if some condition not met- ideally revenue for the AD, but also certain number of wins, certain players retained or acquired. You sold an option.

For player retention or acquisition, it would be more conventional for you to buy an option, the right to such funds, if they’re needed (in other words, successful retention or acquisition and costs incurred). Basically, you’re buying insurance in case of some event occurring and you need funds, or either by paying fans a premium or more likey with fans donating the coverage.

But given the counterparty risk in crowdsourcing such obligations , you’d need to get the funds first, at least in escrow, with return of funds if the event didn’t occur.

I feel like it would be easier to crowdsource NIL if small donors felt like they had certainty, removing the feeling their donation is too small to make certain something happens while also mitigating the public good nature of NIL

Obviously wins and rights to revenue are harder to sell an option on, as if we don’t win and the AD has the obligation to pay back, we’re in a jam, but that’s not too different than what we’re going to need to do with PE, and better than anytime we borrow now to make more in the future
 
Last edited:

NorthCyd

Well-Known Member
SuperFanatic
SuperFanatic T2
Aug 22, 2011
21,153
35,703
113
Yes, IU basketball takes a backseat to no one, outside of the majority of the B1G, ACC, SEC, and Big XII teams. But other than those teams, absolutely no one!
Found this in the responses to that tweet. I'm sure not every Hoosier fan feels this way, but there is definitely a lot who do. It really is the equivalent of Nebraska football, although maybe worse because it's been even longer since anyone considered IU mens basketball perennially one of the best in the sport.

 

deadeyededric

Well-Known Member
Dec 12, 2009
15,836
13,622
113
Parts Unknown
Coach K as well. Basically Hurley, Weight and K, the three college guys they good enough to get a crack at it did actually turn it down. I mean they just hired a podcaster whose coaching resume is 4th graders, so I think you’re overestimating the appeal of the job. It’s def not for everybody.

But the college turnover might make the NBA look more appealing to the top college coaches.
That was the entire point of what I said. Its hard for people who don't live in NBA markets or states to realize how much bigger the NBA is than college basketball also. I expect people in places like Iowa and Nebraska to think nobody watches pro sports and the college sports is superior in every way. If Des Moines had an NBA team ISU basketball wouldn't be what it is.
 
Last edited:

brentblum

Administrator
Staff member
SuperFanatic
SuperFanatic T2
Jul 26, 2007
3,016
14,057
113
For those that may not be familiar with We Will and NIL, how capable is earmarking for MBB?


Do you know of any NIL collectives/AD that do options?

Say, an investor gives $xx but has the right to some portion of that back if some condition not met- ideally revenue for the AD, but also certain number of wins, certain players retained or acquired. You sold an option.

For player retention or acquisition, it would be more conventional for you to buy an option, the right to such funds, if they’re needed (in other words, successful retention or acquisition and costs incurred). Basically, you’re buying insurance in case of some event occurring and you need funds, or either by paying fans a premium or more likey with fans donating the coverage.

But given the counterparty risk in crowdsourcing such obligations , you’d need to get the funds first, at least in escrow, with return of funds if the event didn’t occur.

I feel like it would be easier to crowdsource NIL if small donors felt like they had certainty, removing the feeling their donation is too small to make certain something happens while also mitigating the public good nature of NIL

Obviously wins and rights to revenue are harder to sell an option on, as if we don’t win and the AD has the obligation to pay back, we’re in a jam, but that’s not too different than what we’re going to need to do with PE, and better than anytime we borrow now to make more in the future
All great ideas but it boils down to trust the people involved to do what’s best for the program and Iowa State. On our website you can earmark just for MBB or just email me at [email protected] and I can make sure. And trust me every dollar helps right now with what we are up against.
 
  • Like
Reactions: FinalFourCy