College Athletics Branding - Name Image Likeness Rules

Irish'15

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Hi, CPA here, $1M is absolutely a lot of money. I've advised PGA pro's on tax strategies for US/CAD source winnings. A million dollars is a ton of money for damn near everyone. A good barometer of what is "important" to someone is taking 5% of their pre-tax income as a basis for what's material to them. So, unless you're making $20M, $1M is a lot of money to a lot of people.

I would suggest you should reach out to an accountant to obtain perspective.
K smarty pants. Perhaps you should tell MF, our recruits, and his staff that NDs entire recruiting strategy is wrong. That a lot of money at ND isn’t worth more money elsewhere. Are you ready to state this here on the board?

My point was that $1 mill is not a lot for Keeley in the setting of a lot of money + a ND degree, which the original post was in reference to.
 

Whiskeyjack

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Hi, CPA here, $1M is absolutely a lot of money. I've advised PGA pro's on tax strategies for US/CAD source winnings. A million dollars is a ton of money for damn near everyone. A good barometer of what is "important" to someone is taking 5% of their pre-tax income as a basis for what's material to them. So, unless you're making $20M, $1M is a lot of money to a lot of people.

I would suggest you should reach out to an accountant to obtain perspective.
Fun fact: $1 million cash denominated in $1 bills weighs 2,204 pounds. So it is literally a metric ton of money.
 

DONTH8

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Hi, CPA here, $1M is absolutely a lot of money. I've advised PGA pro's on tax strategies for US/CAD source winnings. A million dollars is a ton of money for damn near everyone. A good barometer of what is "important" to someone is taking 5% of their pre-tax income as a basis for what's material to them. So, unless you're making $20M, $1M is a lot of money to a lot of people.

I would suggest you should reach out to an accountant to obtain perspective.
That explains it. @Irish'15 is probably worth $25M. I can see the disconnect now
 

TorontoGold

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K smarty pants. Perhaps you should tell MF, our recruits, and his staff that NDs entire recruiting strategy is wrong. That a lot of money at ND isn’t worth more money elsewhere. Are you ready to state this here on the board?
I'm ready to state that you're concept of value to people is incorrect. I haven't seen the economic/statistical analysis but I'm guessing that yes a degree at ND is worth more than Alabama, but what is the delta between that and the NIL offering? Certainly not enough to scoff at $1M. Which is why your stance is entirely wrong.

To make the assumption that MF is telegraphing his recruiting pitch to you and I is laughable. Of course he isn't going to publicly say "So my pitch to Carnell right now is $350K from Larry Curly Moe LLP for a three NIL agreement" or say "Nah we're just promising an experience, and NIL can go to hell".
 

Irish'15

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I'm ready to state that you're concept of value to people is incorrect. I haven't seen the economic/statistical analysis but I'm guessing that yes a degree at ND is worth more than Alabama, but what is the delta between that and the NIL offering? Certainly not enough to scoff at $1M. Which is why your stance is entirely wrong.

To make the assumption that MF is telegraphing his recruiting pitch to you and I is laughable. Of course he isn't going to publicly say "So my pitch to Carnell right now is $350K from Larry Curly Moe LLP for a three NIL agreement" or say "Nah we're just promising an experience, and NIL can go to hell".
Again, ND isn’t paying these kids chump change. The gulf isn’t as wide as you’re wrongly assuming.
 

benneboy

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Quick question on NIL since I couldn't find the NIL thread. Could it be sold that signing with a collective actually caps your earning potential? I.E. If Tennessee offered Keely 1mill but they own his NIL rights doesn't that prevent him from making any more going forward? Vs if FUND put together x amount + everything you get throughout your college career is yours. Seems like a reasonable pitch to counteract some of this.
 

TorontoGold

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Again, ND isn’t paying these kids chump change. The gulf isn’t as wide as you’re wrongly assuming.
What?

Read this closely - $1M is a lot of money for a lot of people. You said that Keeley would be a fool to consider going somewhere for that. You are without a doubt 100% wrong. Even if the difference is 500K that's still incredibly large.
 

NDMD

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Not to break up the Keeley talk.... but who exactly is IRISH 15, and why does he come off as somewhat obnoxious in every single thread I read on here.......????

Sorry, had to ask, please continue !
Brian Driskell’s footstool

Edit: forgot he was the one talking about his hotwife. So he must be Brian Driskell’s cuckold
 
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CanadalovesND

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1 million with proper and smart investments can easily grow substantially in both the short and long term. Fvck, I’m pretty sure I could retire now at 28 with a million dollars in the bank.

Then again, I’m a simple lad with basic needs.
 

Irish'15

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1 million with proper and smart investments can easily grow substantially in both the short and long term. Fvck, I’m pretty sure I could retire now at 28 with a million dollars in the bank.

Then again, I’m a simple lad with basic needs.
At 21, you’d be better off with 500k and a ND degree.
 

CanadalovesND

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Yes, but would you take $1 mill to play at Jackson State or $500k if you were getting a free $60k education and a ND degree? The people perpetuating the lie that highest bidder is the best move are part of the problem.

I know you trying to make a point, but we are not talking about Jackson State here are we.

I’m biased because I’m a ND fan, but obviously I would take less to play at my dream school.
 

Irish'15

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What?

Read this closely - $1M is a lot of money for a lot of people. You said that Keeley would be a fool to consider going somewhere for that. You are without a doubt 100% wrong. Even if the difference is 500K that's still incredibly large.

Sorry, most of the ND grads I know make multiple six figures. You’re out of your mind. And show me the data on how many of these kids invest that $500k. Also, even if they did, let me know how that investment does in Bidens 9% inflationary economy. There’s a reason Keeley hasn’t decomitted and CJ Carr is coming to ND, not chasing NIL deals. Theyre smarter than you. A lot of money at ND is worth more than some more quick cash elsewhere. It’s why our class is #1 smack dab in the middle of NIL Wild West.
 
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Whiskeyjack

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Let's back up.

ND fan on social media says: "Doesn't matter if you offer Keon $1 million. His family wants an ND education."
Mama Keeley responds: "$1 million's a lotta money. We're not so well off that we could just turn that down..."
Irish'15 says: "Keon would be a fool to take that. He'll make more through ND."
Others: "The delta on the 20y ROI of an ND degree is nice, but it ain't anywhere close to $1 million."

All these takes can co-exist peacefully. The choice isn't really Huge Upfront NIL package v. ND brand power. Freeman must be telling these recruits that they can maximize their NIL value at ND, it just won't come in the form of an upfront quid pro quo. So our superior culture, tradition, alumni network and degree value are still working here, but to imply that those alone are sufficient to overcome some of these NIL offers is obviously wrong. We're doing both.
 

DONTH8

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I know you trying to make a point, but we are not talking about Jackson State here are we.

I’m biased because I’m a ND fan, but obviously I would take less to play at my dream school.
I think he has a good point and it's not a bad mindset. The issue I have is while I agree we aren't paying chump dollars, without exact numbers and understanding of promises, I can't make a correct judgment for myself. Maybe $1 million is a substantial enough difference from what he would be guaranteed here that I would say it's a smart idea. Maybe it isn't and I would say he is a fool. But without the information needed to make that judgment, I won't say one way or the other.
 

Whiskeyjack

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I think he has a good point and it's not a bad mindset. The issue I have is while I agree we aren't paying chump dollars, without exact numbers and understanding of promises, I can't make a correct judgment for myself. Maybe $1 million is a substantial enough difference from what he would be guaranteed here that I would say it's a smart idea. Maybe it isn't and I would say he is a fool. But without the information needed to make that judgment, I won't say one way or the other.
I also wish we had more details, but given that we presently have the #1 recruiting class, it's almost guaranteed that whatever FUND is offering is very competitive. Maybe we start getting out-bid as NSD approaches. Maybe FUND fails to follow through on some of its promises and guys transfer out. But as of today, I don't know how you can assume we're not playing the game and doing it well.
 

IrishLion

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K smarty pants. Perhaps you should tell MF, our recruits, and his staff that NDs entire recruiting strategy is wrong. That a lot of money at ND isn’t worth more money elsewhere. Are you ready to state this here on the board?

My point was that $1 mill is not a lot for Keeley in the setting of a lot of money + a ND degree, which the original post was in reference to.

This is actually a much better way to get to the point you were making, without sounding like a snob about the financial impact a cool milli could have on a kid's life.


dr-evil-one-billion-dollars.gif
 

Irish'15

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I think he has a good point and it's not a bad mindset. The issue I have is while I agree we aren't paying chump dollars, without exact numbers and understanding of promises, I can't make a correct judgment for myself. Maybe $1 million is a substantial enough difference from what he would be guaranteed here that I would say it's a smart idea. Maybe it isn't and I would say he is a fool. But without the information needed to make that judgment, I won't say one way or the other.
The devil is in the details my friend. We have the #1 class and CJ Carr ain’t playing NIL bags.
 

DONTH8

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I also wish we had more details, but given that we presently have the #1 recruiting class, it's almost guaranteed that whatever FUND is offering is very competitive. Maybe we start getting out-bid as NSD approaches. Maybe FUND fails to follow through on some of its promises and guys transfer out. But as of today, I don't know how you can assume we're not playing the game and doing it well.
I agree that we are competitive, and your earlier post is spot on in terms of what you could gain by coming to the university. Heck, if you come here and win a Natty or ball out, 25 years from now you will still be making NIL money like Rocket Ismail and others. But maybe $1 million is substantially more than the current going rate for a top DL. Which is why I cant say if he would be making a good decision or a bad one.
 

Whiskeyjack

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I agree that we are competitive, and your earlier post is spot on in terms of what you could gain by coming to the university. Heck, if you come here and win a Natty or ball out, 25 years from now you will still be making NIL money like Rocket Ismail and others. But maybe $1 million is substantially more than the current going rate for a top DL. Which is why I cant say if he would be making a good decision or a bad one.
Ryan Day recently opined that it'd cost $13m in NIL to keep his class together. He estimated elite edge rushers and OTs at $1m/ per. TIFWIW, but FUND must be aware of these numbers.
 

House16

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Sorry, most of the ND grads I know make multiple six figures. You’re out of your mind. And show me the data on how many of these kids invest that $500k. Also, even if they did, let me know how that investment does in Bidens 9% inflationary economy. There’s a reason Keeley hasn’t decomitted and CJ Carr is coming to ND, not chasing NIL deals. Theyre smarter than you. A lot of money at ND is worth more than some more quick cash elsewhere. It’s why our class is #1 smack dab in the middle of NIL Wild West.
This is flawed logic. Since most of the people who attend selective colleges have other characteristics that make them more likely to earn a lot of money after graduation, of course graduates of top colleges earn more than graduates of non-top colleges. Lots of studies (most famously this one) show that there's no statistically significant effect on earnings of going to top colleges vs. state schools. Now I loved ND and would choose it again, just not because I think it netted me a million dollars in lifetime earnings over going to my state school.

Also: in high-inflation environments, you absolutely want to get paid up front and invest it, not wait till later. There's a reason folks in interwar Germany demanded they get paid every day. The money was worth way a lot less later!
 

notredomer23

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Bla bla bla. The idiots disliking and and bashing me for spitting facts are the real narcissists. You think you’re smarter than Jack, Freeman, his staff and all of the recruits and their families that see the obvious advantages of ND over all others. Go ahead, continue stating how financially stupid these kids and their families are. The facts are hitting you in the face. ND has the #1 class. ND is going to land a 5 star QB today. The best DL In the country is still committed to Notre Dame. I guess admit you believe you are smarter than everyone involved in the current success. Dummies.

Do you have any advice on timeshares?
 

Irish'15

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This is flawed logic. Since most of the people who attend selective colleges have other characteristics that make them more likely to earn a lot of money after graduation, of course graduates of top colleges earn more than graduates of non-top colleges. Lots of studies (most famously this one) show that there's no statistically significant effect on earnings of going to top colleges vs. state schools. Now I loved ND and would choose it again, just not because I think it netted me a million dollars in lifetime earnings over going to my state school.

Also: in high-inflation environments, you absolutely want to get paid up front and invest it, not wait till later. There's a reason folks in interwar Germany demanded they get paid every day. The money was worth way a lot less later!
Bla bla bla. Those disliking and bashing me for spitting facts are the real narcissists. You think you’re smarter than Jack, Freeman, his staff and all of the recruits and their families that see the obvious advantages of ND over all others. Go ahead, continue stating how financially stupid these kids and their families are. The facts are hitting you in the face. ND has the #1 class. ND is going to land a 5 star QB today. The best DL In the country is still committed to Notre Dame. I guess admit you believe you are smarter than everyone involved in the current success. Pathetic.
 

IrishLion

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Big Freeman guy I take it. Explain why CJ Carr is stupid for picking ND. I’m all ears.
Are you okay?

You're making a point, giving recruits credit for being smart enough to see the ND opportunity for what it is... but no one is saying ND recruits are stupid for *not* jumping at $1M offers.

You're making up a straw man for the sake of your poorly-worded take on $1M not being a lot of money.

It IS a lot of money. But you are right that it isn't the only consideration at play, and it doesn't HAVE to seem like a lot of money when you consider the 40-year ROI.

But quit trying to pick fights and make non-existent arguments with people to try and turn this around on others.
 

Irish'15

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Are you okay?

You're making a point, giving recruits credit for being smart enough to see the ND opportunity for what it is... but no one is saying ND recruits are stupid for *not* jumping at $1M offers.

You're making up a straw man for the sake of your poorly-worded take on $1M not being a lot of money.

It IS a lot of money. But you are right that it isn't the only consideration at play, and it doesn't HAVE to seem like a lot of money when you consider the 40-year ROI.

But quit trying to pick fights and make non-existent arguments with people to try and turn this around on others.
I said it isn’t a lot of money in the context of a post about for Keeley. And it was argued that Keeley is better off elsewhere. I disagree.
 

Irish#1

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Bla bla bla. Those disliking and bashing me for spitting facts are the real narcissists. You think you’re smarter than Jack, Freeman, his staff and all of the recruits and their families that see the obvious advantages of ND over all others. Go ahead, continue stating how financially stupid these kids and their families are. The facts are hitting you in the face. ND has the #1 class. ND is going to land a 5 star QB today. The best DL In the country is still committed to Notre Dame. I guess admit you believe you are smarter than everyone involved in the current success. Pathetic.
I'm glad you could look away $1M in the blink of an eye and I get what you're saying, but those may not be advantages to the recruit and their family.
 

IrishLax

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I’m sorry you don’t see the value of a lot of money and a ND degree. Perhaps you should like a less academic institution. Pretentious? This kid will make more money than you and I combined. Gag me.

You sound like the kind of guy that would take $1 million now vs $10 mill in 5 years. For that, I can see why you think the way you do.
Look man… I have a high tolerance for being tone deaf or pretentious. I coach and played a “country club” sport. I have 17 year olds showing up to practice in Range Rovers and some high schools we play have tuitions higher than Notre Dame’s.

Pretending a million dollars ain’t shit is an all time bad take. At 18 if you invest that and don’t touch it until retirement that would be an incredible nest egg. Even in my 30s doing just fine financially being offered a million dollars could get me to modify behavior in many instances, especially incremental choices.

Let’s not be obtuse that compensation matters.
 
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