A thought I had on how ND could flex it's muscle and start something that I don't think is being done.
Setup the 4 for 40 Fund.
Why
This method of showing the players how investing your money and taking a forward looking approach to their "value". Players overtime will see that the initial gratification of receiving $50K doesn't compete with a $61K (5% ROR over 4 years). Gives players exposure to the financial services industry and give them a taste of what managing your personal finances looks like.
Ownership structure
It would be a private investment fund that would be managed by a group of trusted ND affiliated advisors that the school would sign off on. Each recruiting class would be "gifted" a subscription of units to the fund and be entitled to receive distributions from the fund as they are earned (dividends/interest/CG's). A small portion of the fund would be set aside for ownership by the management entity so that some gains can be channeled back up to maintain the fund.
What happens with transfers
The players will recognize their full subscription value in tranches over the course of their career, each year they will receive 25%/33% depending on degree progression. This incentivizes completing your degree.
Funding structure
Like any PE fund it will be managed by the fund manager. The manager will obtain financing for the recruiting class before the first day of fall classes and then gift in kind it too the fund on behalf of the recruiting class. The total value of the contribution will be evenly split between the players and represent their ACB of their fund ownership.
Example - Total funding received for the 2025 class valued at - ~$50K a recruit, so $1.25M needs to be raised. I'm not sure how attainable that is, but just a random number used. Then, a chunk of money put into the fund to cover trading/audit/professional fee costs contributed by the manager.
Appeal to recruits
You know you're going to get at least your $50K, so will help keep depth pieces in the fold longer and guarantees a minimum for all players. The parents will love it as it gives them at least some security in knowing their kids have someone looking out for their financial interest and be able to view statements showing the fund performance.
Appeal to ND
Not a strict acquisition fee payment, incentivizes getting your degree, can flex it's donor base and gives them a unique offering. Can have alumni volunteer their time or provide insight on investments.
Who knows if this even makes any sense or could actually be done in practice.