ISU needs the House Settlement to get finalized. Once the athletic department can pay the players it will ease the burden on the fans and help even the playing field some (it will still be tilted, but should be better).
Would you give up football NIL
- Thread starter Drew0311
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Sounds good, but in reality that amount would not help the situation out much. Figure ISU has about 8-10,000 people that are season ticket holders or willing to donate to the program, if everyone gave $60 bucks a year, $5 dollars a month, you are talking less than $500,000. ISU could make double that by selling beer at the stadium and Hilton and funneling all that money into NIL. Without a major donor or two, this is not a problem that is going to be fixed by the fan base throwing $5 bucks a month at.
There will be P2’s that underfund football to support basketball at the highest level imo
But we can’t afford to do that. Let’s completely gut the non-revenues before starving football.
I'm sure CMC would be down with this and so would the next football coach who would come in after CMC leaves 30 seconds after you do this. Congrats! You just destroyed ISU FB for the next generation.......
My point is that we have WAAAAY more than 10,000 fans. Completely guessing here, but we probably have somewhere around 3/4 of a million fans across the Country. If even half of our fanbase gave $1 a month, we could nearly double our NIL budget. I know it's not easy to do, but small amounts from a large group can make a difference.
I understand the notion. I think the reality is probably 80% of the donations come from 20% of the base. I suspect if we got 20% of that 750k to donate $5 the numbers are realistic and doable.
If 20% of that number donated $3.50/month, we would double our NIL budget.
I estimate there are only 250,000 alumni. Non-alumni are not going to donate. Some type of legislation is needed. Portal, NIL, network revenue sharing. I have already opted out on watching anything outside the big12. I can watch the NFL and NBA for that level of competition.
Good lord! You didn't deserve any of the vitriol that you've received on this post. Regardless of what all these keyboard warriors say, it is a legitimate question, if all things stay the same.
Here's why. All schools have a budget for their sports (even a Texas whose NIL budget dwarfs ours). I've heard our budget for NIL is about 3 million (I have no clue, but that's a start). I've also heard that we spend roughly a 1/3 of that on MBB. So, what you are asking, I think, is this: Would you be willing to spend all 3 million (if that's the number) on MBB for a Natty?
I did say "if all things stay the same," though, which they are not doing! I heard that the player from KU is wanting 3 million to stay at KU! That would most if not all of our entire NIL budget to get him. If 3 million is his ask, he'll probably take 2; still a large portion of budget. Also, how many (and which) players would we need to give us good odds at a Natty? Don't know. Given the NIL economy's inflation, we probably wouldn't be able to afford it, even if we decided to ditch football's NIL (even for a while).
I think, until the craziness settles down, the best ISU can hope for is two-fold. First, use NIL allotted to MBB for players that will be symbiotic with our existing players (the whole is greater than the parts approach). Second, catch lightning in a bottle on a few one-and-done freshmen.
So, the question isn't at all dumb. I just don't think our total NIL budge could even buy a MBB team that has good odds to compete for a Natty.
Here's why. All schools have a budget for their sports (even a Texas whose NIL budget dwarfs ours). I've heard our budget for NIL is about 3 million (I have no clue, but that's a start). I've also heard that we spend roughly a 1/3 of that on MBB. So, what you are asking, I think, is this: Would you be willing to spend all 3 million (if that's the number) on MBB for a Natty?
I did say "if all things stay the same," though, which they are not doing! I heard that the player from KU is wanting 3 million to stay at KU! That would most if not all of our entire NIL budget to get him. If 3 million is his ask, he'll probably take 2; still a large portion of budget. Also, how many (and which) players would we need to give us good odds at a Natty? Don't know. Given the NIL economy's inflation, we probably wouldn't be able to afford it, even if we decided to ditch football's NIL (even for a while).
I think, until the craziness settles down, the best ISU can hope for is two-fold. First, use NIL allotted to MBB for players that will be symbiotic with our existing players (the whole is greater than the parts approach). Second, catch lightning in a bottle on a few one-and-done freshmen.
So, the question isn't at all dumb. I just don't think our total NIL budge could even buy a MBB team that has good odds to compete for a Natty.
You'd be killing the sport that brings in the majority of the revenue, to do something that not only doesn't guarantee a national championship, it doesn't guarantee better outcomes at all. That seems kinda dumb.
It's a dumb question.
One could argue that in the last 5 years, we've been closer to a FB national championship than a BB national championship.
Preach brother, love this headline!!! Wasting money on a sport that we are barely able to compete in. I would love to be like the Big East and go all in on our basketball program. It could win a National Championship unlike Football. I think the more realistic question is dropping as many sports as possible to direct all your money toward men's basketball and football. Don't waste a penny on anything that is essentially like the WNBA that is a sinkhole for money. Dropping womens sports as well as mens Olympic sports has to be on the table if we want to compete. Save on coaches, facilites, facility maintenance, travel, scholarships, paying athletes, and whatever else is involved that i left out.
I can't help you if you don't understand budgeting and why this is a legitimate question. My answer isn't that we should, but we should at least be asking what goals we are trying to accomplish with the budget that we have. The OP's question was, basically, would a Natty (Final Four, whatever) be worth the budget. If it isn't, at least then we'd be honing in on the next good question; which is: How should the NIL money be allocated?
Not even an option. Football is 85%+ of the current revenue…if that would slip it would impact basketball also.
