NIL

[Kinish]

Dude donated 30K....good on him.

But begs the question...how much did he make on NIL...and how's that compare to the peanuts our dudes are making? Do we have any guys making any substantial money?

Dude's got a good accountant and is making some good money if he's donating 30k for the year.

 

[Baron Winnebago]

Sipple said this week that Pheldarius decided not to leave Bc he got an NIL deal.

Thank god we're shelling out to keep marginal pass rushers around

 

[vailhusker]

Thank god we're shelling out to keep marginal pass rushers around

Probably looked at the Portal and said we aren't getting any of those guys, so they were like Hey Payne have you ever heard of Dorothy Lynch?

 

[Woodrow F Call]

My favorite is when they come in with a list of expenses.

Supplies- 21,500
Advertising - 6,000
Gas - what did I have last year?

Ok. How about you go home and add up your actual expenses?

Just keep on forcing all of those potential clients to H&R block jimbo

 

[Jim14510]

Just keep on forcing all of those potential clients to H&R block jimbo

I'd rather do that than get preparer penalties. Just make up better numbers and I never question it.

 

[God is a Husker]

My favorite is when they come in with a list of expenses.

Supplies- 21,500
Advertising - 6,000
Gas - what did I have last year?

Ok. How about you go home and add up your actual expenses?

I can’t tell you how many clients I’ve asked for something and they come in with basically shoe box of receipts “I know it’s in here somewhere”.


Yes, they are usually farmers. I hope to God @Woodrow F Call @scotchfrost9697 @rr55 are running a more efficient operation than what we used to call “audit risk clients”.

 

[jw3]

who would honestly be dumb enough to give any of our players NIL money?

 

[Adolph Coors]

I can’t tell you how many clients I’ve asked for something and they come in with basically shoe box of receipts “I know it’s in here somewhere”.


Yes, they are usually farmers. I hope to God @Woodrow F Call @scotchfrost9697 @rr55 are running a more efficient operation than what we used to call “audit risk clients.

fill out my handy dandy red unl record keeping book so you know im dialed in fam

 

[Adolph Coors]

who would honestly be dumb enough to give any of our players NIL money?

this is gonna turn on its head when businesses are blowing money on kids that suck or transfer or it never pays back. i dont think itll stay bigtime like some of these huge NIL deals

 

[God is a Husker]

this is gonna turn on its head when businesses are blowing money on kids that suck or transfer or it never pays back. i dont think itll stay bigtime like some of these huge NIL deals

There is no way they ever see a roi.


I can’t wait for the market to correct and this entire thing collapse in on itself.


Businesses can only take deductions for advertising without any uptick in customers for so long before people start asking questions. (partners, investors, etc)


“I was going to go to Chipotle but after seeing Logan Smothers tweet I better head to Runza.”

“I was gonna order it on Amazon but after seeing the Teddy Prochazka billboard I think I’ll head over to Nebraska furniture mart.”


It just ain’t gonna drive up business and the novelty of wasting money is gonna wear off fast if the economy keeps tanking.

 

[Cash68847]

Dude donated 30K....good on him.

But begs the question...how much did he make on NIL...and how's that compare to the peanuts our dudes are making? Do we have any guys making any substantial money?

I assume the transfer portal will tell the story of NIL money in the future. Teams who spend money will use it as a form of free agency and eat up the good players.

 

[God is a Husker]

I assume the transfer portal will tell the story of NIL money in the future. Teams who spend money will use it as a form of free agency and eat up the good players.

It’s gonna be interesting to see it evolve if the NCAA maintains the requirement of it being a charade of having to be a business paying the player.


Like a lot of big time boosters don’t necessarily have businesses (or the infrastructure) in place to perform these type of deals. Let alone need them.

Ex 1: booster from generational wealth now has to set up some shell to funnel money to players for some made up reason.

Ex 2: booster with a business that has any level of partners or investors can’t be burning through business money without somebody getting upset.


Ex 3: booster can’t be wasting business money on these NIL deals and still expect a bank to look at them like normal when it comes to offering lines of credit. “So looking over your books here Mr. Smith and I see you spent $900,000 on advertising. Did you get any additional business? Oh… it’s just a way to pay players of your favorite sportsball team? I see, well we are going to have to say no for this new loan application at this time. Go Big Red I guess.”

 

[Cash68847]

It’s gonna be interesting to see it evolve if the NCAA maintains the requirement of it being a charade of having to be a business paying the player.


Like a lot of big time boosters don’t necessarily have businesses (or the infrastructure) in place to perform these type of deals. Let alone need them.

Ex 1: booster from generational wealth now has to set up some shell to funnel money to players for some made up reason.

Ex 2: booster with a business that has any level of partners or investors can’t be burning through business money without somebody getting upset.


Ex 3: booster can’t be wasting business money on these NIL deals and still expect a bank to look at them like normal when it comes to offering lines of credit. “So looking over your books here Mr. Smith and I see you spent $900,000 on advertising. Did you get any additional business? Oh… it’s just a way to pay players of your favorite sportsball team? I see, well we are going to have to say no for this new loan application at this time. Go Big Red I guess.”

Texas seems to have it figured out so far. I’ll give them credit on that front.

 

[Huskerbuck85]

1. I thought the idea was to get high profile recruits with NIL

2. I thought it was supposed to be used to keep great FB players (we currently have none worth NIL)

3. Why not use it to steal verified great players from other schools who can’t afford them?

Am I wrong on any of the above?

 

[Cash68847]

1. I thought the idea was to get high profile recruits with NIL

2. I thought it was supposed to be used to keep great FB players (we currently have none worth NIL)

3. Why not use it to steal verified great players from other schools who can’t afford them?

Am I wrong on any of the above?

I don’t think you are wrong. If Nebraska is a player in NIL I would hope they could fill voids by using #3. For example if there is a good lineman at a Mac school we should be paying that guy to come in for a year or two since we have a big need there and so on at other certain positions.

 

[God is a Husker]

Texas seems to have it figured out so far. I’ll give them credit on that front.

Right, for now.

Texas just went 5-7 in the terrible Big 12.

If they keep sucking or get worse when they join the SEC are boosters gonna bend over backwards to pay for players that may or may not even be good?


Like I said in my other posts, not all boosters are created equal. 1 booster that averages a larger annual donation to the school might not be able to waste as much money per year on NIL as a booster who is smaller but has a business that’s more conducive to funnel money. (Easy example would be some booster from generational oil money. He is probably on some sort of trust fund fixed income and is in charge of an annual donation from the fund to a charity of his choice but he can’t suddenly start paying players directly)




There are very few mega rich boosters who’s businesses have no partners/investors and even fewer that are liquid enough to start paying out random new contracts every year.


Nebraska example: Larry the Cable Guy ain’t in a position to start cutting $100,000 checks from a business. His winery and other businesses are either partnerships or non-profits. He is the norm of boosters, I can’t imagine there are tons of boosters that can burn business money annually without it eventually having to stop.

 

[DuckSker]

TOP 5 BABY. RUNZA’S AND RADIO INTERVIEWS WITH DEAN

 

[Cash68847]

Right, for now.

Texas just went 5-7 in the terrible Big 12.

If they keep sucking or get worse when they join the SEC are boosters gonna bend over backwards to pay for players that may or may not even be good?


Like I said in my other posts, not all boosters are created equal. 1 booster that averages a larger annual donation to the school might not be able to waste as much money per year on NIL as a booster who is smaller but has a business that’s more conducive to funnel money. (Easy example would be some booster from generational oil money. He is probably on some sort of trust fund fixed income and is in charge of an annual donation from the fund to a charity of his choice but he can’t suddenly start paying players directly)




There are very few mega rich boosters who’s businesses have no partners/investors and even fewer that are liquid enough to start paying out random new contracts every year.


Nebraska example: Larry the Cable Guy ain’t in a position to start cutting $100,000 checks from a business. His winery and other businesses are either partnerships or non-profits. He is the norm of boosters, I can’t imagine there are tons of boosters that can burn business money annually without it eventually having to stop.

The boosters will just keep firing the coach at Texas until they find a good coach. They want to win. I’m sure the big players will find a way to pay players.

 

[God is a Husker]

The boosters will just keep firing the coach at Texas until they find a good coach. They want to win. I’m sure the big players will find a way to pay players.

I agree but it’s different now.


$100 handshakes and under the table cash are totally different than these huge NIL deals we are seeing.


And like I said, the boosters that can pressure an admin on coaching hires aren’t always the same boosters who can pay for these NIL deals.



I keep repeating myself but it’s going to be so interesting to see how this thing evolves. To me it seems like it can’t last, at least at the current amount of money we are seeing. (Like $100,000 per OL at Texas? That’s not sustainable. As I said before there is eventually going to be a chain in the process that snaps and ends that level of money burning. Even “oil money” likely has other family members/trust beneficiaries who are not as thrilled with seeing the Trust account balance get bled dry cuz somebody is a huge UT football fan.)

 

[Cash68847]

I agree but it’s different now.


$100 handshakes and under the table cash are totally different than these huge NIL deals we are seeing.


And like I said, the boosters that can pressure an admin on coaching hires aren’t always the same boosters who can pay for these NIL deals.



I keep repeating myself but it’s going to be so interesting to see how this thing evolves. To me it seems like it can’t last, at least at the current amount of money we are seeing. (Like $100,000 per OL at Texas? That’s not sustainable. As I said before there is eventually going to be a chain in the process that snaps and ends that level of money burning. Even “oil money” likely has other family members/trust beneficiaries who are not as thrilled with seeing the Trust account balance get bled dry cuz somebody is a huge UT football fan.)

It would be interesting to see how Texas boosters specifically did the deal for their offensive line and Ewers?