10 Million Dollar Club and the Basketball Portal

6,775 Views | 33 Replies | Last: 8 mo ago by greg.w.h
mikesyracuse1
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Worth a read.
For those of you that are following the basketball portal and the NIL payments associated with recruiting, this will shed some light on the current landscape. It's amazing how much it's changed in just three years. Pony up if you want to be competitive to get good players to your program.

How we lookin'?

https://www.cbssports.com/college-basketball/news/the-10-million-club-college-basketballs-portal-recruiting-hits-unthinkable-levels-of-financial-chaos/

Mikesyracuse1
traco
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When Arky hired Cal last year they spent big bucks on a team.
Went to the tournament.
I wouldn't be surprised if they are trying to tell Bucky to budget this year and look to year two.
Belton Ag
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A month or two ago we were having a discussion about whether or not Indiana was still a blue blood. It appears they still believe they are.

Also, it's no wonder McCasland said no even before we asked.
90ags
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Just the simple stmt that a mid-major guy who averages <10pts per game can make $400k/ yr. proves beyond broken.

Why this is so effed up and while college sports has been my fav over pros, it's all just worthless minor league garbage across the board.

Quote:

Here's what $400,000 will get you for one season in 2025: a mid-major guy who averaged fewer than 10 points on a non-NCAA Tournament team. This isn't hypothetical; that very thing has already happened multiple times in recent weeks.
zgolfz85
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I'm well under 6 foot, but have a decent jumper and play defense. I'm really good at riding the bench. I feel like I could make 50k in this crazy era for doing nothing
superunknown
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Glad you posted this. Seriously any college ball fan should read it. That bit about the kid who's onto another school who needs to pay back his broken contract from his prior school...wow!
TxAg76
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Big picture, there's no reason why we can't be in the $10mm category. Is there really a "significant" difference between $7mm vs $10mm? Considering the athletic dept and resources as a whole?

It can be figured out, pretty easy.
It's just a matter of whether we WANT to figure it out.
Matsui
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Interesting
Mr.Milkshake
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Seems like for a -new coach- with NIL in the supposed range that we have, the right play is to go asymmetric.

Year 1 & 2 - Do not spend your bank. Find core guys that will stick around to junior-senior

Year 3 - Launch time based asymmetry attack. Deploy 2 year saved up capital and buy the talent pieces you need.
Gap
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Now to pay for this. Assuming the better seats already cost more, we need to add $2,000 to all 5,000 season ticket holders cost to accomplish this. Nothing should be added to the student ticket burden.
FTAG 2000
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Get the Roku and bucees guys to set up an endowment for a center for basketball excellence.

Put all the funds into buying shares and LEAPs of SOXL and profit.
greg.w.h
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90ags said:

Just the simple stmt that a mid-major guy who averages <10pts per game can make $400k/ yr. proves beyond broken.

Why this is so effed up and while college sports has been my fav over pros, it's all just worthless minor league garbage across the board.

Quote:

Here's what $400,000 will get you for one season in 2025: a mid-major guy who averaged fewer than 10 points on a non-NCAA Tournament team. This isn't hypothetical; that very thing has already happened multiple times in recent weeks.

Also from the article:

"As one general manager at the Power Five level told me this week: "You can't even verify some of these numbers. What's real? What are we bidding against?""
Pumpkinhead
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College basketball insider Jeff Goodman revealed Monday what he understands the Wildcats' payroll for men's basketball players via NIL to be, and it's a huge number.

Goodman said that Kentucky has $12 million in its men's basketball NIL budget.
bobinator
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Mr.Milkshake said:

Seems like for a -new coach- with NIL in the supposed range that we have, the right play is to go asymmetric.

Year 1 & 2 - Do not spend your bank. Find core guys that will stick around to junior-senior

Year 3 - Launch time based asymmetry attack. Deploy 2 year saved up capital and buy the talent pieces you need.
This would not work. You need to set an annual budget, spend it, and then do whatever you can do to try and increase your budget.

In our situation, we can't afford to just go cheap in year one and two or we'll get killed, nobody will want to invest money in a losing team, then nobody will want to play here, and we'll be firing the coach in year three or four and doing this whole thing again.

This is a year-to-year sport. You get as good as you can, right now.
BuzzFan24
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Mr.Milkshake said:

Year 1 & 2 - Do not spend your bank. Find core guys that will stick around to junior-senior
This is the exact opposite of what you need to do. Under current rules there will be less than 20% of players that "stick around to junior-senior" year. And those players are likely to be the ones that can't get paid elsewhere cause they aren't very good.
bobinator
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Our path the success isn't gaming the system by holding money back, it's spending it in a different way than everyone else is and playing a different kind of basketball.
Pumpkinhead
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bobinator said:

Our path the success isn't gaming the system by holding money back, it's spending it in a different way than everyone else is and playing a different kind of basketball.



Guys, we can't replace Giambi with a single player. But we can replace him in the aggregate. We don't care if our 1B has bad knees and can't throw. All we care about is he gets on base. And Do we care if he gets on base by walking or hitting? No. He gets on base.

We are the card counters in the casino now.
AggieNattie
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Pumpkinhead said:

College basketball insider Jeff Goodman revealed Monday what he understands the Wildcats' payroll for men's basketball players via NIL to be, and it's a huge number.

Goodman said that Kentucky has $12 million in its men's basketball NIL budget.


I've seen that that # is up to $20 million. I know Kentucky has always been a basketball first school, but that's absurd.
bobinator
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All you need to know about Kentucky's NIL situation is they pulled Aberdeen from Florida. Ridiculous.
AggieNattie
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bobinator said:

All you need to know about Kentucky's NIL situation is they pulled Aberdeen from Florida. Ridiculous.

Seems like they are going the OSU route from football and spending the most $ out of anyone else to likely buy a championship next year
greg.w.h
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bobinator said:

Our path the success isn't gaming the system by holding money back, it's spending it in a different way than everyone else is and playing a different kind of basketball.
I like the notion but that's what Buzz was doing and it wasn't what we wanted. It could be with more cash (Dr. Loftin in the Epidode 75 Follow the Money podcast guesses we will commit 10-15% of the revenue sharing payments to men's basketball which probably won't do much.)
JJxvi
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bobinator said:

Our path the success isn't gaming the system by holding money back, it's spending it in a different way than everyone else is and playing a different kind of basketball.


Im a big believer that if you want the most accurate evaluation and roster building then your team should be all transfers, but Ive been wondering, if theres eventually a contrarian path built on traditional recruiting of high school kids. Basically get em earlier than everyone else and trust you will build them up. Requires a coach to actually be a developer of talent though. Maybe he is, he does have two high school kids that made it to the NBA.
Hardworking, Unselfish, Fearless
BuzzFan24
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JJxvi said:

bobinator said:

Our path the success isn't gaming the system by holding money back, it's spending it in a different way than everyone else is and playing a different kind of basketball.


Im a big believer that if you want the most accurate evaluation and roster building then your team should be all transfers, but Ive been wondering, if theres eventually a contrarian path built on traditional recruiting of high school kids. Basically get em earlier than everyone else and trust you will build them up. Requires a coach to actually be a developer of talent though. Maybe he is, he does have two high school kids that made it to the NBA.
Until the rules change, counting on high school kids who don't immediately step in and start is a waste.

As noted above Aberdeen just got pulled to Kentucky coming off a natty and a guaranteed starting spot. MONEY TALKS!
bobinator
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I still think we're too early in this deal to really say there's enough data on anything for sure, and any day now the rules are going to be changing again.

But I do think you need what you might call "program guys" unless you're truly among the elite of the elite.

You need players in that locker room that have been through your offseason, been through your installs, know what the coach expects of the players, etc. Those can either be transfers or high schools guys but you have to find a way to keep some players in your program.

Everyone acts like this is some kind of video game where you just spend the most money, put the players on the floor together, and win. But look at the teams that have been consistently successful the last few years. They aren't all the ones spending the most money, but they're spending it the right way.

I think Pumpkinhead was poking fun with his moneyball analogy but that's exactly where we are. That's why you hire a guy like Bucky who plays a different kind of basketball. Maybe we can recruit to it and get value out of players that are undervalued by the market.

Who knows if it's actually going to work, but I think it's a good thought process.
Pumpkinhead
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Was probably my favorite scene in Moneyball, where Pitt was introducing the new roster building approach to his baffled scouts.

Probably rewatched that scene a hundred times on YouTube over the years. Might now go watch it again now.

I think my second favorite scene is when Philip Seymour Hoffman (the coach) is refusing to play the guy at 1B that Pitt wants him to play, so a frustrated Pitt trades Hoffman's guy to give him no choice. Walks into his office…

"You traded Pena?'

LOL

Billy Trades Peña
Faustus
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Pumpkinhead said:

Was probably my favorite scene in Moneyball, where Pitt was introducing the new roster building approach to his baffled scouts.

Probably rewatched that scene a hundred times on YouTube over the years. Might now go watch it again now.

I think my second favorite scene is when Philip Seymour Hoffman (the coach) is refusing to play the guy at 1B that Pitt wants him to play, so a frustrated Pitt trades Hoffman's guy to give him no choice. Walks into his office…

"You traded Pena?'

LOL

Billy Trades Peña


The flick was a pretty funny career/character assassination of Art Howe regardless of how close or loosely tethered to the truth it was.

Plus Beane got to be played by Pitt. He denied having anything to do with Art's portrayal. Chuckle.

https://www.mercurynews.com/2011/09/27/oakland-as-gm-billy-beane-fires-back-at-angry-art-howe-over-portrayal-in-moneyball/amp/
carl spacklers hat
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I have heard the $20 million figure from a connected UK friend.
People think I'm an idiot or something, because all I do is cut lawns for a living.
CDiem05
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Pretty incredible number!
carl spacklers hat
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If true, yes, its insane.
People think I'm an idiot or something, because all I do is cut lawns for a living.
BigHitterDaLama
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Belton Ag said:

A month or two ago we were having a discussion about whether or not Indiana was still a blue blood. It appears they still believe they are.

Also, it's no wonder McCasland said no even before we asked.
Womble has poured a lot of money into Tech's basketball program. Training facilities rank in the top 3 in the country. McCasland knows this and operates within the Money structure which Beard didn't care to do (cause he wanted the bigger better deal pre NIL) and Mark Adams loathed.

As a Tech alum, also makes me wonder who from Mormon country is throwing all their money into BYU basketball because it is an unknown at this point.
mjschiller
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BigHitter - Jazz owner & Miller Foundation
Marvin J. Schiller
BigHitterDaLama
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mjschiller said:

BigHitter - Jazz owner & Miller Foundation
Thank you
B-1 83
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Who could have predicted this????
Being in TexAgs jail changes a man……..no, not really
greg.w.h
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BigHitterDaLama said:

Belton Ag said:

A month or two ago we were having a discussion about whether or not Indiana was still a blue blood. It appears they still believe they are.

Also, it's no wonder McCasland said no even before we asked.
Womble has poured a lot of money into Tech's basketball program. Training facilities rank in the top 3 in the country. McCasland knows this and operates within the Money structure which Beard didn't care to do (cause he wanted the bigger better deal pre NIL) and Mark Adams loathed.

As a Tech alum, also makes me wonder who from Mormon country is throwing all their money into BYU basketball because it is an unknown at this point.

BigHitterDaLama said:

Belton Ag said:

A month or two ago we were having a discussion about whether or not Indiana was still a blue blood. It appears they still believe they are.

Also, it's no wonder McCasland said no even before we asked.
Womble has poured a lot of money into Tech's basketball program. Training facilities rank in the top 3 in the country. McCasland knows this and operates within the Money structure which Beard didn't care to do (cause he wanted the bigger better deal pre NIL) and Mark Adams loathed.

As a Tech alum, also makes me wonder who from Mormon country is throwing all their money into BYU basketball because it is an unknown at this point.

The Prophet and Elders are offering leadership positions…

…okay, actually:

"Just to be clear, because there are all sorts of strange narratives out there, I would just reiterate that there is absolutely no church or university financial support of any student-athlete agreements. Tithing will never be used to support our athletics department in any way, including revenue sharing with student-athletes."

BYU Advancement Vice President Keith Vorkink, via Deseret News

The writer mentioned us!!!

"For what it's worth, I completely believe that is true. However, to say the Church does not have a role in the finances at BYU is like saying oil does not have a role in the finances at Texas A&M. I digress."

https://brobible.com/sports/article/byu-nil-tithing-money-church-name-image-likeness-booster-transfer-recruiting/
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