Burton: “We want to be a leader in NIL in Group of Five” | Page 3 | The Boneyard

Burton: “We want to be a leader in NIL in Group of Five”

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Almost all the fanatical fans I know didn't go to UConn. They're fanatical about UConn men's basketball, have always had season tickets...some going back like 50 years.

Don't really understand your point about pro sports. Michigan, Wisconsin, Indiana, Ohio etc. all have pro sports in their states, Connecticut doesn't.
Never went to UConn, grew up in and around New Haven - been following the basketball team for 50 years (though no season tix). As you point out, there are lots of people like me.
 
I am skeptical of the D'amelio collective. 10% goes to overhead per website. So if it gets up to $3 million then $300k for overhead??? That buys a lot of nice dinners and travel expenses and tickets for sporting events. And we get no say in which athletes get the money. Sounds sketchy?!!!!!
I signed up to pay the collective $25/month. I just received a sticker, lanyard, t shirt, and a gift card to Ted’s. They shipped everything to my home out in the West Coast. I doubt that they are making money off of me. Maybe D’Amelio can offer better NIL packages to athletes by leveraging his marketing data when finding larger corporate sponsors.
 


I have a real hard time believing that all of these schools have that kind of money.

Particularly now that we are hearing things about Texas A&M’s NIL being not as big as advertised and Michigan State’s collective folding.
 
I have a real hard time believing that all of these schools have that kind of money.

Particularly now that we are hearing things about Texas A&M’s NIL being not as big as advertised and Michigan State’s collective folding.
Agreed, but I mean Texas A&M's boosters already have to pay $75 million in buyout plus a new coach, so I think that may be understandable as they have their resources directed there instead of NIL. But Michigan State folding and the complaints from places that I thought would have little trouble raising money are interesting.
 
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Agreed, but I mean Texas A&M's boosters already have to pay $75 million in buyout plus a new coach, so I think that may be understandable as they have their resources directed there instead of NIL. But Michigan State folding and the complaints from places that I thought would have little trouble raising money are interesting.

I think we can all agree that Texas A&M is an outlier.

And there is also this:

 
Nope. Sorry.
There should be enough money to support hoops but football will require a major change. A team needs 50 or 70guys who can make an impact, at least a dozen star players and at least two P4 quarterbacks who can actually play well. And that is ami imum if you want a major bowl. NIL is making the rich very richer.
 
I just got my two kids Spring semester tuition bills....not UConn
Just trying to scrape together enough money to get them through school.
I hear you totally. Been there done that. Had 3 in college at same time. (all in NC)

Its rough but your children will definitely appreciate the openings you've given them.

After that, its all on them to sell themselves and be productive/successful. You did your part. Be proud!
 

Jason Belzer says a top tight end is worth around $100k in the portal, but word on the street is that our TE just got around TRIPLE that to go to Tennessee.

So all these numbers are outdated and understated. Chumps like us are trying to adjust to, “the big boys spent $1.5M on transfers last year”… while the big boys have kept growing and are probably spending at least triple what they did last year. We need more money!
 
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The D'Amelio is not a 501c3.

I imagine (as bleeding blue is also gong to participate as an NIL collective) that they will provide confirmation of taxable status for all donations. If a donation to them is directed (by the donor) for NIL us, that donation won't be deductible.
It appears that the IRS has determined that donations to an NIL collective will not be tax deductible because they are not in furtherance of an educational purpose. Burton may initially have qualified for 501(c)3 status, but I don't think that will hold up if the money goes to NIL.
 
Nope. Sorry.
Disagree. The Big East and Hockey East are both power conferences in everything but football. We are independent in football, not a member of a G5 conference.
 
Jason Belzer says a top tight end is worth around $100k in the portal, but word on the street is that our TE just got around TRIPLE that to go to Tennessee.

So all these numbers are outdated and understated. Chumps like us are trying to adjust to, “the big boys spent $1.5M on transfers last year”… while the big boys have kept growing and are probably spending at least triple what they did last year. We need more money!
We are not trying to compete with the big boys, at least not yet. I mean I don't think Burton could have spell it out any easier "We want to be a leader in NIL in GROUP OF FIVE" emphasis on group of 5.
 
Disagree. The Big East and Hockey East are both power conferences in everything but football. We are independent in football, not a member of a G5 conference.
How is Hockey East, a Hockey only conference, a power conference in everything but football?

The Big East is ONLY a high-major in men’s basketball. It is not a high-major or power conference in anything else.
 
We are not trying to compete with the big boys, at least not yet. I mean I don't think Burton could have spell it out any easier "We want to be a leader in NIL in GROUP OF FIVE" emphasis on group of 5.
Exactly. You don’t get promoted for doing your current job, you get promoted for doing the next job in your current title.

If we were creating a NIL pool that mirrored P5’s (a la SMUs as an example) it would become a major positive for us in realignment (and was for SMU). Having an average G5 NIL operation is standard work for where we are at currently.
 
How is Hockey East, a Hockey only conference, a power conference in everything but football?

The Big East is ONLY a high-major in men’s basketball. It is not a high-major or power conference in anything else.
Hockey East is a power conference in hockey. Big East is a power conference in all sports it plays.
 
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Hockey East is a power conference in hockey. Big East is a power conference in all sports it plays.
You’re going to sit here with a straight face and tell me the Big East is a power league in baseball, volleyball, etc? It’s a one bid league.
 
Exactly. You don’t get promoted for doing your current job, you get promoted for doing the next job in your current title.

If we were creating a NIL pool that mirrored P5’s (a la SMUs as an example) it would become a major positive for us in realignment (and was for SMU). Having an average G5 NIL operation is standard work for where we are at currently.
I think we are making the same point in different ways. I want us to look like a power conference school so that we become one.
 
You’re going to sit here with a straight face and tell me the Big East is a power league in baseball, volleyball, etc? It’s a one bid league.
Yes. Plus, you can't see my face
 
I think we are making the same point in different ways. I want us to look like a power conference school so that we become one.
Correct- you have to behave like one in order to get the invite. We’re basically a junior resource who wants to become a manager and is telling our boss that we’ll start acting like a Manager once we get promoted. It doesn’t happen that way.
 
Yes. Plus, you can't see my face
It wouldn’t be the first time people have lied on the internet, that’s for sure.
 
I think we are making the same point in different ways. I want us to look like a power conference school so that we become one.

You can’t fake it till you make it. We need to let go of this strategy.

If you want to prove you can be a P4 football school then be a proven winner at the G5 level in football.
 
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The D'Amelio is not a 501c3.

I imagine (as bleeding blue is also gong to participate as an NIL collective) that they will provide confirmation of taxable status for all donations. If a donation to them is directed (by the donor) for NIL us, that donation won't be deductible.

But it is still NIL related to the extent that the athlete gets the $ for service performed to a charity instead of going directly to the athlete for nothing. Point being is that your $ "might" go further (on a tax effected basis) with BBFG than with DHC given the structure.
 
You’re going to sit here with a straight face and tell me the Big East is a power league in baseball, volleyball, etc? It’s a one bid league.
I think that Xavier also made the NCAA baseball tournament in 2023
 
Did he factor in the outflows? It isn't like you just put $50M in the market and let it ride forever.
I understand. But inflows (cash contributions to the fund from donors) are not counted either. If the $600 million is less than the long-term return from 1995, then either we had poor returns or the cash contributions to the fund are very low. The point being that we don't have the financial muscle to seriously compete in this new environment.
 
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