Future NIL

[Hskies4Ever]

We had $1.5 million in NIL last off season on short notice with a goal of $2.5 million for next portal cycle.

With the success of this season, renewed program interest, and the more systematic approach of Bleeding Blue for Good/Storrs Central (to say nothing of the D’Amelio group) I think we more than get there, and I think our recruiting takes another big step forward.

Is this thinking pie in the sky?

 

[ZooCougar]

No. They had a successful proof of concept this season. It showed that investment will produce some good results. I think it will grow.

I’m not sure how much money from crowd sourcing we would get. It sounds like it’s the generosity and largesse of a few really great donors. I think it’s a more fulfilling contribution than redoing a locker room or something.

 

[UConnJim]

All of us need to help with NIL by making any size donation you can afford. Don't expect increases in NIL without more UConn fans contributing.

 

[Scoe]

All of us need to help with NIL by making any size donation you can afford. Don't expect increases in NIL without more UConn fans contributing.

Definetly and Uconn needs to make it easily accessible to all fans, not everyone is up to speed with todays technology and the times.

 

[UConnJim]

Here is a link to UConn NIL for those interested in donating.

Bleeding Blue for Good

 

[DoctorWho85]

I think we'll see a jump in NIL this year. Like you said, this year showed investing translates to immediate results. I'm not saying we'll be a world beater, but there's no reason UConn can't be in the top 25 consistently and sneak into the playoffs a couple times.

 

[RioDog]

Here is a link to UConn NIL for those interested in donating.

Bleeding Blue for Good

Done. Thanks.

 

[Viet Vet]

Here is a link to UConn NIL for those interested in donating.

Bleeding Blue for Good

Has anyone received any professional advice on the tax treatment of donations?

 

[UC70]

We had $1.5 million in NIL last off season on short notice with a goal of $2.5 million for next portal cycle.

With the success of this season, renewed program interest, and the more systematic approach of Bleeding Blue for Good/Storrs Central (to say nothing of the D’Amelio group) I think we more than get there, and I think our recruiting takes another big step forward.

Is this thinking pie in the sky?

It’s not pie in the sky thinking because this is the only way we can compete with the P4. NIL support helps level the playing. I encourage everyone to contribute what they can. We cannot only rely on a few big donors.

 

[uconndogs]

The question then becomes, how quickly can these programs be built and funded in comparison to the bidding that will go on for the talent everyone is seeking. I see a cluster for the first order coming along at many places.

 

[UC70]

All of us need to help with NIL by making any size donation you can afford. Don't expect increases in NIL without more UConn fans contributing.

You are 100% correct. If fans want us to win P4 games then support NIL. Whatever you can afford.

 

[uconndogs]

It’s not pie in the sky thinking because this is the only way we can compete with the P4. NIL support helps level the playing. I encourage everyone to contribute what they can. We cannot only rely on a few big donors.

I shouldn't go here, but what the heck.

I am a long-time UCONN fan and alumn. I hold the school very close. That said, I can think of any number of charitable causes, some of them at UCONN, that I would consider before handing over money so that young people can get paid as professional athletes. It's just not a charitbable cause that interests me.

 

[UC70]

Definetly and Uconn needs to make it easily accessible to all fans, not everyone is up to speed with todays technology and the times.

UConn doesn’t control NIL. It’s called Bleeding Blue for Good. Independent from UConn.

 

[UConnJim]

Has anyone received any professional advice on the tax treatment of donations?

If the NIL Collective is a 501(c)(3), the donations are tax deductible. For UConn, Bleeding Blue for Good is a 501(c)(3) and D'Amelio's Collective is not. BBfG does charitable work and the athletes get compensated.

That said, the IRS is scrutinizing this and could change their view. Some charitable gift funds (Fidelity) will not allow you to donate to a Collective.

 

[UC70]

I shouldn't go here, but what the heck.

I am a long-time UCONN fan and alumn. I hold the school very close. That said, I can think of any number of charitable causes, some of them at UCONN, that I would consider before handing over money so that young people can get paid as professional athletes. It's just not a charitbable cause that interests me.

Let me explain Bleeding Blue for Good. It’s a non-profit that supports UConn NIL. Any athlete that gets paid via B.B.Good does charitable work and is expected to give their time back to community groups. Check out their website.

 

[UC70]

Let me explain Bleeding Blue for Good. It’s a non-profit that supports UConn NIL. Any athlete that gets paid via B.B.Good does charitable work and is expected to give their time back to community groups. Check out their website.

Also, it’s fine if you don’t agree with this type of giving but you can’t expect UConn FB to compete with the big boy schools. Unfortunately, that’s todays reality.

 

[uconndogs]

Also, it’s fine if you don’t agree with this type of giving but you can’t expect UConn FB to compete with the big boy schools. Unfortunately, that’s todays reality.

Very reasonable post. Thank you. And you are exactly right, it is today's reality and speaking for myself as a fan, it's not a model that interests me. I don't think it is where institutions of higher learning should be seeking to have resources allocated.

One fan's opinion......

 

[UC70]

Very reasonable post. Thank you. And you are exactly right, it is today's reality and speaking for myself as a fan, it's not a model that interests me. I don't think it is where institutions of higher learning should be seeking to have resources allocated.

One fan's opinion......

You’re welcome. Many people don’t like this new reality so you’re not alone. College athletics is a big business at the highest level. Also keep in mind the NIL we’re discussion are not University resources, rather it’s money from independent collectives such as Bleeding Blue for Good. That said, in the very near future schools will be able to pay athletes directly as well. We can all decide to become fans of the Ivy League because they do the “student-Athlete” model the best.

 

[maple]

Let me explain Bleeding Blue for Good. It’s a non-profit that supports UConn NIL. Any athlete that gets paid via B.B.Good does charitable work and is expected to give their time back to community groups. Check out their website.

I really like the way BBFG operates. It's a win-win for everyone.

 

[businesslawyer]

I shouldn't go here, but what the heck.

I am a long-time UCONN fan and alumn. I hold the school very close. That said, I can think of any number of charitable causes, some of them at UCONN, that I would consider before handing over money so that young people can get paid as professional athletes. It's just not a charitbable cause that interests me.

That, by the way, is a perfectly rational position. As opposed to the current structure of intercollegiate athletics, which is entirely irrational. That having been said, I do wonder why one would feel the need to make that point on a bulletin board supporting a college athletic team.

 

[uconndogs]

That, by the way, is a perfectly rational position. As opposed to the current structure of intercollegiate athletics, which is entirely irrational. That having been said, I do wonder why one would feel the need to make that point on a bulletin board supporting a college athletic team.

I think this is an entirely appropriate venue to have this conversation….and I am supportive of UCONN and its athletic programs. If I have not been clear, my criticism isn’t directed at UCONN, it is directed at the pay for play system that has emerged throughout college athletics.

Frankly, I think fans should be talking about this, because this has the potential to be ruinous to many athletic departments, including UCONN.

 

[UC70]

That, by the way, is a perfectly rational position. As opposed to the current structure of intercollegiate athletics, which is entirely irrational. That having been said, I do wonder why one would feel the need to make that point on a bulletin board supporting a college athletic team.

Well, if you feel the structure of intercollegiate athletics is “irrational” why do you follow and participate in the support of it? The very fact that attend and support UConn athletics inherently indicates you support intercollegiate athletics. Other options exist, like the Ivy League at the college level and local high school sports. And why would you invest so much time in this forum if you don’t support and believe in the value of intercollegiate athletics?

 

[UC70]

I think this is an entirely appropriate venue to have this conversation….and I am supportive of UCONN and its athletic programs. If I have not been clear, my criticism isn’t directed at UCONN, it is directed at the pay for play system that has emerged throughout college athletics.

Frankly, I think fans should be talking about this, because this has the potential to be ruinous to many athletic departments, including UCONN.

Look, there are many cons to where collegiate athletics has moved to. It is what it is. There are other options for fans: follow and support the olympic sports where athletes receive far less $ and more closely represent “student athletes” or follow the Ivy League, like Yale. There are other entertaining options that align with your personal values.

 

[giddyup]

The only flaw in “the more NIL money next year” means we get better is everybody is saying the same thing… do there will be NIL competitive inflation not necessarily more buying power.

 

[RioDog]

No virtue-signaling or intent to change minds here. Just my two cents.

Actually really enjoying this discussion. I appreciate UConndog's position and am sympathetic to it. I agree that this forum is a legitimate place to have this discussion (maybe a separate thread, but whatever). My take is this; UConndog's point about giving dollars to other deserving recipients at a university is well-taken. I wish NIL didn't exist so choosing between different places to give wasn't necessary, but UC70's point is also well-taken; This is the current reality. I also still believe that student athletics, as grotesque as the money side has become, continues to provide direct and indirect benefits to institutions and their stakeholders. I also believe that there is a significant number of folks who would not send any money in the direction of a university (I understand that the collective is NOT the University; just speaking in broad terms) except as a contribution to support athletics.

Full disclosure: Have just made my first contribution to BBfG. I contribute to the general fund at the university where I am on the faculty. Could I give more to my school if I didn't give to BBfG? Sure. I think both are worthwhile.