Money raising for NIL

[BCClone]

isnt she currently the chief of staff?

She was (no idea what that entails since it was a position that they never had before and had inhouse counsel already) but doesn’t show on the list anymore.

I suppose the just shy of 50MM loss gets a lot of people fired. Like I said, no way anyone wants to list them as being on their executive team.

 

[xr4ticlone]

She was (no idea what that entails since it was a position that they never had before and had inhouse counsel already) but doesn’t show on the list anymore.

I suppose the just shy of 50MM loss gets a lot of people fired. Like I said, no way anyone wants to list them as being on their executive team.

Well…you’ll have that when you hire 6th grade teachers as VP’s.

*I’m sure it was just a coincidence her husband was a board member.

 

[Sparkplug]

She was (no idea what that entails since it was a position that they never had before and had inhouse counsel already) but doesn’t show on the list anymore.

I suppose the just shy of 50MM loss gets a lot of people fired. Like I said, no way anyone wants to list them as being on their executive team.

The Carroll newspaper did an annual recap of important news in 2025. Her being hired was one of the stories. She spoke late this summer about the role of women in ag and was listed as chief of staff

 

[scyclonekid]

When you shop at hy vee, Fareway etc and at check out it asks do you wanna round up for clarity when paying just have that charity be NIL for Iowa state. Just kidding or do what they did in office space and just move a decimal point to shave some off but not to much at once !!

 

[iowastatefan1929]

I see Michigan St just got a 401million dollar donation from Greg and Dawn Williams. The malinvestment in this country is not going to end well, it never does, its going to end in misery for all. Its not just college sports malinvestment, its so much bigger than that.

 

[AuH2O]

My understanding is that he wants it all to go to the general fund. My understanding of his reasoning is that ISU currently doesn't have the revenue to cover the $20 million rev share and is dipping into reserves, so really the AD needs that money so it can be distributed equitably among sports.

I think if ISU could cover its deficit, he would be more open to direct donations to FB or MBB. I'm not Jamie so this is just a guess.

Not exactly correct.

He has allocations for each sport based on the $20M rev share. But if a donor says they want $X to go to that sport, then it will. However, that means it counts toward the allocation to that sport. For example, if a donor says they want to give $1M to WBB, and the ADs allocation is $750k, that means that $1M goes to WBB and no general AD funds go to WBB (at least as long as their general AD funds are <$20M). It does not mean that WBB gets their AD allocation of $750k PLUS the sport-specific donation of $1M.

Any sport-specific donations go toward those sports, are counted as part of the allocation. If it's over, so be it. AD can't just decide what to do if the donor intent is specified, and he's not going to turn down donations if they specify a sport.

It's a perfectly reasonable approach. There are two approaches to managing general AD donations and sports-specific donations. Both are going to have potential pros and cons for sports, depending on how each of the two categories of donations come in. No matter what, sport-specific donations are going to that sport. The decision is then how to handle general AD donations. you can either say all general AD donations are going to be proportionally divided. Or you can do what Pollard has done, set allocations for each based on $20M, and have sports-specific donations hit that allocation off the top.

People keep raising these allocation figures and are outraged that any AD funds got to sports other than MBB and FB. I suspect that JP has a pretty good idea that each year there have been and will be some level of donations that are earmarked for wrestling, WBB, and other sports. And these allocations he stated are taking that into account. In other words, any general AD donations that are not sports-specific are probably almost, if not completely going to FB and MBB.

 

[AuH2O]

I have a really hard f**king time believing that TCU spent 3.5% or more of their entire revenue share on a women's basketball player.

I think people are confusing revenue share with outside NIL deals again. Shocker.

That or some big donor is a huge WBB and said here's a $750k, go get a high level WBB transfer.

If a donor says they want money spent on a sport, the school isn't going to take it and spend it on a different sport. If not illegal, it's a great way to kill donations.

 

[twincyties]

That or some big donor is a huge WBB and said here's a $750k, go get a high level WBB transfer.

If a donor says they want money spent on a sport, the school isn't going to take it and spend it on a different sport. If not illegal, it's a great way to kill donations.

Agree. Under the new settlement, $750k of revenue share going to one WBB player is $750k not going somewhere else if they're fully funding the $20.5M. If this is a separate, true NIL deal there is no harm in that to the rest of the sports/athletes.

 

[ZorkClone]

Not exactly correct.

He has allocations for each sport based on the $20M rev share. But if a donor says they want $X to go to that sport, then it will. However, that means it counts toward the allocation to that sport. For example, if a donor says they want to give $1M to WBB, and the ADs allocation is $750k, that means that $1M goes to WBB and no general AD funds go to WBB (at least as long as their general AD funds are <$20M). It does not mean that WBB gets their AD allocation of $750k PLUS the sport-specific donation of $1M.

Any sport-specific donations go toward those sports, are counted as part of the allocation. If it's over, so be it. AD can't just decide what to do if the donor intent is specified, and he's not going to turn down donations if they specify a sport.

It's a perfectly reasonable approach. There are two approaches to managing general AD donations and sports-specific donations. Both are going to have potential pros and cons for sports, depending on how each of the two categories of donations come in. No matter what, sport-specific donations are going to that sport. The decision is then how to handle general AD donations. you can either say all general AD donations are going to be proportionally divided. Or you can do what Pollard has done, set allocations for each based on $20M, and have sports-specific donations hit that allocation off the top.

People keep raising these allocation figures and are outraged that any AD funds got to sports other than MBB and FB. I suspect that JP has a pretty good idea that each year there have been and will be some level of donations that are earmarked for wrestling, WBB, and other sports. And these allocations he stated are taking that into account. In other words, any general AD donations that are not sports-specific are probably almost, if not completely going to FB and MBB.

Much better said then me.

Apparently, what you said is rare in athletic departments, but I see good sense in some of it. For example, the Player's Era tournament payout. We got $1M dollars to play in it and that went towards next year's MBB allocation rather than paying this year's players. To me it makes sense that tournament money would go to the future, because the players have already agreed to play for ISU for what was offered. My understanding is that most of the other participates paid their current guys with it.

I think a great misunderstanding has wound a lot of people up. People seemed to believe Jamie was turning money down.

 

[AuH2O]

Much better said then me.

Apparently, what you said is rare in athletic departments, but I see good sense in some of it. For example, the Player's Era tournament payout. We got $1M dollars to play in it and that went towards next year's MBB allocation rather than paying this year's players. To me it makes sense that tournament money would go to the future, because the players have already agreed to play for ISU for what was offered. My understanding is that most of the other participates paid their current guys with it.

I think a great misunderstanding has wound a lot of people up. People seemed to believe Jamie was turning money down.

Not only the thought that Pollard was turning money down, but that he was taking truly discretionary money and spending it on sports other than MBB and FB. If at all, it's going to be very small amounts due to the fact that sports-specific donations (which absolutely exist for wrestling and WBB) count toward that allocation.

I don't know this, but people into wrestling have said that it's pretty common understanding among donors that target wrestling and JP that they are pretty much on their own in getting the rev share for wrestling raised.

 

[BCClone]

Not only the thought that Pollard was turning money down, but that he was taking truly discretionary money and spending it on sports other than MBB and FB. If at all, it's going to be very small amounts due to the fact that sports-specific donations (which absolutely exist for wrestling and WBB) count toward that allocation.

I don't know this, but people into wrestling have said that it's pretty common understanding among donors that target wrestling and JP that they are pretty much on their own in getting the rev share for wrestling raised.

Dresser has specifically said they get whatever they raise up to a million dollars. They are on their own for that amount.

 

[HeiseRiser]

Come on Brock throw a couple millions in

I have to wonder if some of our big money pro athletes aren't fans of the way college sports are heading right now.

 

[StPaulCyclone]

Has anyone asked JP about setting up direct basketball and football giving options? Or is he 100% against that?

There are options to donate directly to the major sports.

 

[cyfan92]

There are options to donate directly to the major sports.

Link please

 

[StPaulCyclone]

Link please

https://www.foundation.iastate.edu/s/give
Screenshot:

 

[cyclone87]

Much better said then me.

Apparently, what you said is rare in athletic departments, but I see good sense in some of it. For example, the Player's Era tournament payout. We got $1M dollars to play in it and that went towards next year's MBB allocation rather than paying this year's players. To me it makes sense that tournament money would go to the future, because the players have already agreed to play for ISU for what was offered. My understanding is that most of the other participates paid their current guys with it.

I think a great misunderstanding has wound a lot of people up. People seemed to believe Jamie was turning money down.

I think it makes sense to budget the $1 mil you get for participating to next year NIL. I think if they would have placed and won extra it should go to the players though.

 

[ZorkClone]

I think it makes sense to budget the $1 mil you get for participating to next year NIL. I think if they would have placed and won extra it should go to the players though.

Why though?

 

[CycloneT]

I have to wonder if some of our big money pro athletes aren't fans of the way college sports are heading right now.

Why would you throw serious money at something with 0 ROI. It’s how these athletes go bankrupt.

If they are smart just invest and then make a huge donation 30 years dow the line and get a building with your name on it

 

[flycy]

Much better said then me.

Apparently, what you said is rare in athletic departments, but I see good sense in some of it. For example, the Player's Era tournament payout. We got $1M dollars to play in it and that went towards next year's MBB allocation rather than paying this year's players. To me it makes sense that tournament money would go to the future, because the players have already agreed to play for ISU for what was offered. My understanding is that most of the other participates paid their current guys with it.

I think a great misunderstanding has wound a lot of people up. People seemed to believe Jamie was turning money down.

I'm pretty sure the million went to this year's allocation to the men's players as it was known going into the season, if they had won the tournament and the extra mil it would have gone to next year's basketball roster.

 

[deadeyededric]

Here’s what fans don’t realize…tickets in Ames are dirt cheap.

As I’ve looked at Texas games and even dismal OSU tickets this fall…we’re 1/2 to 1/4 of the prices of Baylor or TCU for similar seats.

Fastest way to raise money…ticket prices.

There has to be a demand first. You can raise ticket prices but then you'll have to buy giant tarps to cover the empty upper deck seats.