The issue is that our entire athletic department is dependent on a competitive football team. Football profits about $25M and men’s basketball profits about $7M. Everything else loses money.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.
If football loses revenue, we aren’t just uncompetitive in football, we don’t compete in women’s basketball, wrestling, etc.
We’d be better off taking the basketball revenue and putting it to football, which I’m not advocating.