Author Topic: Is the Big Green a dinosaur thanks to NIL?  (Read 781 times)

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Offline HerdEcon

Is the Big Green a dinosaur thanks to NIL?
« on: August 21, 2023, 04:25:14 PM »
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  • Heard an interview over the weekend that was discussing NIL.  During the interview it was said that, thanks to NIL, ALL players at big name P5 programs are now on "scholarship".  Those players that weren't on official scholarship were getting their schooling paid for through NIL groups.  An example was given of a late transfer to a P5 school who didn't get a scholarship because the P5 program had already given out all 85 scholarships for this season.  The transfer's was given a full ride by an NIL group. 

    The 85 scholarship limit is meaningless in the day and age of NIL.  Now, thanks to NIL, Alabama, Texas, Clemson, ND, Ohio State, etc. can put 85 players on official scholarship and 40 additional players on unofficial "NIL scholarship" thereby having a roster of 125 "scholarship" players. 

    Now donors really have to consider whether to donate to organizations like the Big Green or donate to an NIL group.  Why not donate to the NIL group so all 125 players on the roster can get a full ride "scholarship"?   
     

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    Is the Big Green a dinosaur thanks to NIL?
    « on: August 21, 2023, 04:25:14 PM »

    Offline goherd24

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #1 on: August 21, 2023, 04:27:07 PM »
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  • The big green does far more than just provide scholarships for football. So no.

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    « Last Edit: August 21, 2023, 04:33:12 PM by goherd24 »
     
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    Online svherd

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #2 on: August 21, 2023, 04:32:21 PM »
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  • As I understand it, the BG helps with scholly money for ALL athletes on every sports team Marshall has. Most athletes not playing football or men's b'ball will not get NIL money. The minor sports don't get full schollies that I know of, thus the BG monies help them. Marshall will never be able to rely on NIL funds to fully pay scholarships for all athletes. Meaning the BG is more vital than ever. Just my thoughts. Maybe I am missing something.


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    Online Flat Tire 2

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #3 on: August 21, 2023, 04:58:55 PM »
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  • As others have posted the BG supports all athletes at MU. Another point to remember is that the BG guarantees the coach's contracts since the contracts are usually multi year contracts. The BG started did this due to WV law about only having one year contracts.

    We are not going to compete with the P5 schools when it comes to money. MU needs the BG and as goherd nailed it "so no".

     

    Online marshallmark

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #4 on: August 22, 2023, 10:52:08 AM »
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  • Big Green contributions are tax deductible.  NIL contributions are not.  As long as that's the rule, the Big Green (and similar entities) will still get major donations.
    "Tell your friends, I can confirm you held your own against the brothers. :)"

    - E-Man


     
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    Offline HerdEcon

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #5 on: August 22, 2023, 04:17:44 PM »
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  • Big Green contributions are tax deductible.  NIL contributions are not.  As long as that's the rule, the Big Green (and similar entities) will still get major donations.

    I agree and I think that is the winner.  Surprised that point wasn't made earlier. 

    Every player on every team will be on "scholarship" at schools with NIL resources.  Already happening for football and men's basketball.
     

    Offline goherd24

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #6 on: August 22, 2023, 04:18:39 PM »
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  • I agree and I think that is the winner.  Surprised that point wasn't made earlier. 

    Every player on every team will be on "scholarship" at schools with NIL resources.  Already happening for football and men's basketball.
    It's supremely easy to do an NIL deal as an advertisement expense and write it off.

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    Online marshallmark

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #7 on: August 23, 2023, 09:34:05 AM »
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  • It's supremely easy to do an NIL deal as an advertisement expense and write it off.

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    That's true if the donor is a business.  I was talking about direct donations to a NIL Trust like Country Roads or Thunder. 
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    - E-Man


     

    Offline goherd24

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #8 on: August 23, 2023, 09:35:23 AM »
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  • That's true if the donor is a business.  I was talking about direct donations to a NIL Trust like Country Roads or Thunder.
    Anyone with a brain can work around it, and these schools already know, they just form a bogus llc of some kind like Texas A&M did for their donors and boom.

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    Offline bbcard1

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    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #9 on: August 23, 2023, 10:18:22 AM »
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  • Anyone with a brain can work around it, and these schools already know, they just form a bogus llc of some kind like Texas A&M did for their donors and boom.

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    You've inspired me to form an LLC named Bogus.

    Offline goherd24

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #10 on: August 23, 2023, 10:18:52 AM »
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  • You've inspired me to form an LLC named Bogus.
    Lol that would do the trick!

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    Online s1uggo

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #11 on: August 23, 2023, 11:57:57 AM »
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  • As I understand it, the BG helps with scholly money for ALL athletes on every sports team Marshall has. Most athletes not playing football or men's b'ball will not get NIL money. The minor sports don't get full schollies that I know of, thus the BG monies help them. Marshall will never be able to rely on NIL funds to fully pay scholarships for all athletes. Meaning the BG is more vital than ever. Just my thoughts. Maybe I am missing something.

    this isnt true any athlete can get NIL money.  the Donor can say give this to cross country runners.  Last I heard Track had like $110,000 in their NIL account. The reason most minor sport dont get full scholarships is because of the way the NCAA counts them.  Football, BB are Head Count sports, the others equivalency sports, you can allocate the number of $ to how many people you want.  Say they its 10 athletes equivalent, now you can have 20 on 1/2 scholarships.  Big Green can not supply additional money to the athlete, though NIL can give them whatever they want. 
    Lets face it there are no more rules.
     

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    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #11 on: August 23, 2023, 11:57:57 AM »

    Online svherd

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #12 on: August 23, 2023, 12:17:07 PM »
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  • this isnt true any athlete can get NIL money.  the Donor can say give this to cross country runners.  Last I heard Track had like $110,000 in their NIL account. The reason most minor sport dont get full scholarships is because of the way the NCAA counts them.  Football, BB are Head Count sports, the others equivalency sports, you can allocate the number of $ to how many people you want.  Say they its 10 athletes equivalent, now you can have 20 on 1/2 scholarships.  Big Green can not supply additional money to the athlete, though NIL can give them whatever they want. 
    Lets face it there are no more rules.

    But the BG can help the minor athlete offset costs of schooling that isn't covered by their partial scholarship or award. Correct? That's where they help the most.


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    Online s1uggo

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #13 on: August 23, 2023, 10:06:26 PM »
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  • But the BG can help the minor athlete offset costs of schooling that isn't covered by their partial scholarship or award. Correct? That's where they help the most.
    No they can not. The big green raises money to give to Marshall to fund the scholarships. Somebody has to pay for them. Any money given by the big Green would count against their scholarship
     
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    Offline miltonherdfan

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #14 on: August 24, 2023, 02:51:32 PM »
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  • But the BG can help the minor athlete offset costs of schooling that isn't covered by their partial scholarship or award. Correct? That's where they help the most.



    I think what you stated was the actual intention of NIL. & now it's grown into what it is now.
     
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    Online s1uggo

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #15 on: August 24, 2023, 04:52:00 PM »
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  • I think what you stated was the actual intention of NIL. & now it's grown into what it is now.
    Not really NIL was so kids could sell their name image or likeness and make as much money as possible. They felt if schools were making money from their NIL why shouldn?t the kids?? It?s all about making money
     

    Offline goherd24

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #16 on: August 25, 2023, 12:58:28 AM »
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  • Out of 355 student athletes that receive financial aid, only 146 have full scholarships that pay for everything. We have a long way to go
     

    Offline goherd24

    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #17 on: August 25, 2023, 01:01:47 AM »
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  • Not really NIL was so kids could sell their name image or likeness and make as much money as possible. They felt if schools were making money from their NIL why shouldn?t the kids?? It?s all about making money

    Exactly. So they could make money signing autographs, legally, or do commercials or other advertisements for businesses. Or get a small check for being pictured in a video game. It was never designed to be a recruiting tool. There are specific rules against that too but no one is enforcing it. It's a bunch of garbage. But eventually, it'll be regulated, or it won't. And if it isn't, college sports will decline, imo
     
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    Re: Is the Big Green a dinosaur thanks to NIL?
    « Reply #17 on: August 25, 2023, 01:01:47 AM »