12th man donations drop

8,167 Views | 55 Replies | Last: 8 mo ago by greg.w.h
TXAGBQ76
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Don't forget the "…not another dime folks…"
Kenneth_2003
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hillcountryag86 said:

dermdoc said:

ccolley68 said:

I think the big money donors are still gonna put up big money. And that's a critical component to fund raising. But I think there's a lot of folks like me, the average alum and donor. You might get a couple hundred from me every now and again, and those add up with the large alumni base we have. I will not contribute money to the abomination that college sports has become. I think that situation is going to create some big budget shortcomings for schools.
I think you are correct. Really hard to give money to kids who only care about money.


Not applying judgement to your reasoning whatsoever. I hate what NIL and transfer portal have done to college sports.

But if contributions to NIL dry up, success will too.
Will it though?
Even the schools that are winning (I think) have fan bases that are frustrated by the unlimited free agency that's going on. Donors pour out cash, bring in a roster, and 4 months after the season can hardly name a kid on the squad! It's one of the reasons Saban retired! This game isn't the game he knows. Football, baseball, basketball, it's effectively the same across them all.

The real losers in this are the major non-revenue sports.... Those do have a good number of fans and a lot of "real" "student athletes" that are going to suffer if this system doesn't change because a bunch of football players got their egos hurt.

Let's face it. Most of the kids getting NIL deals were highly likely to see the next level anyway.
trouble
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Let's be real. Saban retired because he didn't have an advantage anymore since it's legal.
TXCityAggie
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I'm not spending a dime to support an 18-year-old who'll be asking for more money in a few months and then jumping into the transfer portal.
ensign_beedrill
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W said:

ensign_beedrill said:

That's being overdramatic. Most of these kids are not making big bucks in NIL. With only 11.7 scholarships to give out, most of our baseball players do not even have their full schooling paid for. Go listen to the "Answering the Call" podcast with Wyatt Henseler. He said he's very much in debt with student loans. I think it is fine, absolutely fine, to use NIL money to make up the difference that the NCAA does not allow. I think all student athletes should have full rides. They are providing great value to the university, they are sacrificing a lot, and I think they deserve it.

Now, when we are able to give everyone full scholarships, I guess that changes. But right now, these baseball players are likely not making much more than enough to pay for their education.
yes and no

the bottom 10 players on the roster are not making much

but the top 10 players...6 figures

especially since A&M went into overpay mode after the coaching change fiasco

of course any remaining schooling/housing/auto costs plus the IRS eat into the 6 figures significantly

The full cost of a college education is easily six figures, even for an in state student at A&M.

Again, I think my mind changes a little when we go to full team scholarships. But for the service they provide our school, for all the work they do, I'm fine with these guys being able to graduate with no debt.
ensign_beedrill
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BiochemAg97 said:

ensign_beedrill said:

Personally, I'm reluctant to donate money to an organization that I know is going to mismanage it like the whole Jimbo fiasco. $77 million is a lot of money and I'm still pretty miffed that it was treated like nothing at all. (I'm more angry that the contract was even made in the first place to put us in that position, but throwing away all that money was just indefensible in my eyes.)


TMF isn't the AD that hired Jimbo, the AD that extended Jimbo, or the Chancellor that insisted the second AD was chosen to keep Jimbo happy.

How much push back do you think TMF actually has on a contract that is between the coach and the university?

Giving money to the 12th Man Foundation is giving money to the athletic department, or am I misguided? I'm sure the AD also gets money from merchandise sales and TV deals, but their ticket and donation money comes through 12MF, right?

Sorry, I didn't mean to suggest the 12MF was actually making the decisions. But they are the ones providing the funds to the people who do, right?
greg.w.h
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OrangeAlert said:

W said:

ensign_beedrill said:

That's being overdramatic. Most of these kids are not making big bucks in NIL. With only 11.7 scholarships to give out, most of our baseball players do not even have their full schooling paid for. Go listen to the "Answering the Call" podcast with Wyatt Henseler. He said he's very much in debt with student loans. I think it is fine, absolutely fine, to use NIL money to make up the difference that the NCAA does not allow. I think all student athletes should have full rides. They are providing great value to the university, they are sacrificing a lot, and I think they deserve it.

Now, when we are able to give everyone full scholarships, I guess that changes. But right now, these baseball players are likely not making much more than enough to pay for their education.
yes and no

the bottom 10 players on the roster are not making much

but the top 10 players...6 figures

especially since A&M went into overpay mode after the coaching change fiasco

of course any remaining schooling/housing/auto costs plus the IRS eat into the 6 figures significantly


NIL will continue to come in until an extended period of underperformance/failure. At that point exasperation and apathy will take over and that school will drop from the competitive ranks. In the end Congress will establish a max amount per year per sport and get control over it. As long as Congress sets it per sport and not per player, the crybabies and their attorneys will have no legitimate case.
Congress will not. Trump might.
greg.w.h
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TXCityAggie said:

I'm not spending a dime to support an 18-year-old who'll be asking for more money in a few months and then jumping into the transfer portal.
Thats fair. But the NCAA repeatedly was found liable for infractions of anti-trust laws. If your proposal is to not participate, bully tor you. But Texas A&M will be following the law just yo spite you!!!

The House settlement today is designed between scholarships and compensation for school use of student athlete name, image, and likeness to share roughly 50% of revenue with football/men's basketball to the extent those sports are revenue positive.

External NIL should be limited going forward to true sponsorship deals and each deal is to be reviewed by a Deloitte organized commission for review to ascertain that it is compliant with those rules.

But NCAA rules are made to be bent if not completely shattered…
AggieArchitect04
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W said:

ensign_beedrill said:

That's being overdramatic. Most of these kids are not making big bucks in NIL. With only 11.7 scholarships to give out, most of our baseball players do not even have their full schooling paid for. Go listen to the "Answering the Call" podcast with Wyatt Henseler. He said he's very much in debt with student loans. I think it is fine, absolutely fine, to use NIL money to make up the difference that the NCAA does not allow. I think all student athletes should have full rides. They are providing great value to the university, they are sacrificing a lot, and I think they deserve it.

Now, when we are able to give everyone full scholarships, I guess that changes. But right now, these baseball players are likely not making much more than enough to pay for their education.
yes and no

the bottom 10 players on the roster are not making much

but the top 10 players...6 figures

especially since A&M went into overpay mode after the coaching change fiasco

of course any remaining schooling/housing/auto costs plus the IRS eat into the 6 figures significantly
Welcome to adulthood boys!

My expenses and taxes really eat into my salary too.
greg.w.h
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BiochemAg97 said:

ensign_beedrill said:

Personally, I'm reluctant to donate money to an organization that I know is going to mismanage it like the whole Jimbo fiasco. $77 million is a lot of money and I'm still pretty miffed that it was treated like nothing at all. (I'm more angry that the contract was even made in the first place to put us in that position, but throwing away all that money was just indefensible in my eyes.)


TMF isn't the AD that hired Jimbo, the AD that extended Jimbo, or the Chancellor that insisted the second AD was chosen to keep Jimbo happy.

How much push back do you think TMF actually has on a contract that is between the coach and the university?
The TMF agreed only to pay for the the immediate upfront clause on the buyout. That tells you what they thought…
20ag07
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Quote:

Giving money to the 12th Man Foundation is giving money to the athletic department, or am I misguided? I'm sure the AD also gets money from merchandise sales and TV deals, but their ticket and donation money comes through 12MF, right?

Sorry, I didn't mean to suggest the 12MF was actually making the decisions. But they are the ones providing the funds to the people who do, right?
The AD brought in $230M last year, and $140M came from the 12MF.

The 12MF is also sitting on $230M of cash that has not been transferred over. So it's all a shell game you'll never make sense of.
jja79
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I must have missed that success.
TexasRebel
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Disposable income has depleted and purse strings have been tightened.

The entertainment industry gets hit hardest just before the service industry.
Gradaggie05
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Well back then the lions lost a year of eligibility if they transferred. Granted, Rome did have better facilities. But Carthage was closer to home. TV $ killed the whole thing…





Divining Rod said:



i imagine what a conversation with Christ will go like when he shows all these millionaires the families that died in poverty and the NIL money they paid to 18 year old tatted hip hoppers so they could entertain.

Is it really that different than paying admission to the Colliseum to watch the Christians be fed to the lions?

We really havent come that far.
Squadron7
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Quote:

In the end Congress will establish a max amount per year per sport and get control over it.

Then we will just have the old system again where we pay players under the table.
Bondag
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Stupid IRS laws that your donation that you pay to have the rights to buy tickets are no longer tax deductible.
greg.w.h
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Bondag said:

Stupid IRS laws that your donation that you pay to have the rights to buy tickets are no longer tax deductible.
Or another way of looking at it is why should you buy tickets or seat advantages and deduct those? Wouldn't you prefer fewer tax carve outs and lower marginal rates?
Bondag
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greg.w.h said:

Bondag said:

Stupid IRS laws that your donation that you pay to have the rights to buy tickets are no longer tax deductible.
Or another way of looking at it is why should you buy tickets or seat advantages and deduct those? Wouldn't you prefer fewer tax carve outs and lower marginal rates?


Yea. But until that happens I want to write off tickets.
greg.w.h
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Bondag said:

greg.w.h said:

Bondag said:

Stupid IRS laws that your donation that you pay to have the rights to buy tickets are no longer tax deductible.
Or another way of looking at it is why should you buy tickets or seat advantages and deduct those? Wouldn't you prefer fewer tax carve outs and lower marginal rates?


Yea. But until that happens I want to write off tickets.
You're the problem then not the solution. The write off changed in 2017 as part of Trump's tax cuts…
Tex100
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Once revenue sharing I expect it to reverse because ticket prices will go up
greg.w.h
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Tex100 said:

Once revenue sharing I expect it to reverse because ticket prices will go up

If we win they will go up more due to increased demand. If we don't win raising prices merely suppresses demand in an elastically priced market…
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