Taxes need to be raised on sportsbooks too. Iowa has the lowest tax rate of any state other than NV. It's amazing nobody has even lobbied for it.
Money raising for NIL
- Thread starter dafarmer
- Start date
The ex WeWill staff Blum&Co. did great it is now up to the foundation to step up. The foundation loves big money so I'm guessing the poors (me) will not be bothered.
Must have been a decent amount since Copley disappeared off their leadership team shortly after the whole blowup.
I don’t think most understand the levels of f’u money rolling around Texas…or the difference in how these people view money.
They’re not tight, German farmers. Many have money they blow through…many have real wealth. But they spend it much more freely. Probably because it comes easier.
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.
I think people are confusing revenue share with outside NIL deals again. Shocker.
I thankfully don’t have any involvement or shares there any more. But that place should be a case study in fiduciary management run amuck.
The ties between them and CF / We Will isn’t a great look.
There is an ISU branded credit card from the Alumni Association. I don’t have one, but I’ve been getting the solicitations for years.
I agree with you but not many folk make the connections unless it is mentioned by people in the know.
But why aren't they spending it on a good FB team? They are 9th in the conference in attendance in WBB and 16th for MBB. Why would they waste their money on a sport they don't even support well when their football team is mid?
Rich people bragging rights.
Wealthy alumni getting hit up knowing they’ll contribute out of loyalty to the school.
I’ve seen people spend $150k on tile for a bathroom in a house they’ll never spend 3 weeks a year at. That’s not installed…that’s just the tile. They bought the neighbors behind them out for an exercise / bar / entertainment area. $1.5m pre covid. Spent another $250k to bury 150ft of utilities because they didn’t like the overhead wires.
The main house was ugly af. Didn’t matter. Dumped money into it like water.
Makes no sense…but they didn’t care.
Nope. I’m a 3 year donor and haven’t gotten so much as a text from the foundation to donate to the We Will Fund. The JP is more concerned with Cytown than being competitive in Rev sharing
If you look at their class A shares, the volume dropped from 5.5MM or so down to 2.5MM area. Which means over half their members cashed in their shares.
As a Cyclone Club member, I received an email on December 18 informing me that there were other ways of supporting athletics including We Will, the unrestricted fund, and the Champions Circle. The email stated that We Will supports the coaches in their efforts to recruit and retain high caliber athletes. That’s the only thing I’ve seen, but I haven’t given to We Will in the past.
Everyone on this board should be giving to the NIL, that is one of the easiest fixes.
www.foundation.iastate.edu
ascend Portal
I’m a life member, too. I’ve been getting the solicitations for many years. At least now it is email instead of junk mail.
Aha. Well, I gradgiated before there wuz them there Intertubes.
