‘27 IL DL David Folorunsho (Offer)

[tirishman505]

You're never going to convince some people that NIL is a good thing and players are worth whatever someone will pay them.

Yeah, I'm not sure I'll ever understand their perspective. The first thing most people look at when considering a job is the paycheck.

 

[MeanGreenBeans]

Yeah, I'm not sure I'll ever understand their perspective. The first thing most people look at when considering a job is the paycheck.

Selective capitalism is working hard these days when it comes to NIL.

 

[laughingirish92]

You're never going to convince some people that NIL is a good thing and players are worth whatever someone will pay them.

no you aren't going to convince me and some others when kids are being convinced to choose a school for only money and not about fit, culture and if you will get the right coaching and get the right kind of education

 

[TheProspector]

no you aren't going to convince me and some others when kids are being convinced to choose a school for only money and not about fit, culture and if you will get the right coaching and get the right kind of education

It’s up to each kid. Some kids may pass on the fit and culture to max their compensation while others may take a discount for the right fit. No different then you when you select an employer.

 

[MacIrish75]

You're never going to convince some people that NIL is a good thing and players are worth whatever someone will pay them.

I agree with this to a point, but there should be salary caps along with the 1x transfer rule they’re instituting. There has to be some guardrails to this thing.

 

[ndfanatic78]

I agree with this to a point, but there should be salary caps along with the 1x transfer rule they’re instituting. There has to be some guardrails to this thing.

Why?

 

[laughingirish92]

I agree with this to a point, but there should be salary caps along with the 1x transfer rule they’re instituting. There has to be some guardrails to this thing.

yes a salary cap to go with a 1x transfer would put me all aboard with the NIL thing, look coach Saban part left college football because this NIL stuff was getting out of hand

 

[MacIrish75]

Why?

I’d love to see a cap in the MLB, too, it’s not just CFB. I get the opposing perspective, but in CFB, the reality is a majority of schools don’t have boosters with pockets deep enough to keep them relevant. I’m not necessarily “old man yells at cloud” up in arms about it, but I do feel for programs toward the back end of D1 that have been solid over the years that are relegated to mediocrity in the modern landscape of CFB. For every Texas Tech, there’s another school who’s trended in the opposite direction based on their inability to compete in the arms race.

Realistically, the 1x transfer rule might help change my opinion a bit as players won’t be able to jump to four programs in four years based off getting more enticing offers each offseason.

 

[IrishInOntario]

no you aren't going to convince me and some others when kids are being convinced to choose a school for only money and not about fit, culture and if you will get the right coaching and get the right kind of education

Unfortunately, education in many fields is becoming less relavent every year if your primary marker for future success is economic freedom. Of course that's not true in every field, but it is in a lot of them. Outside of the networking aspect of things, which has also diminished in relevance because of social media's proliferation, an ND degree doesn't carry the weight it once did.

The reality is that if you can make $5-$10 million in NIL while you're in college at a school like Texas Tech and you have the correct people in your corner from a financial literacy and investment standpoint, 2x the money (at that price point) + a Texas Tech Degree, becomes more valuable than half the money and an ND degree in a lot fields. We live in a hyper capitalized society, where the freedom to spend your time doing what you're passionate about depends primarily on how much wealth you have working passively for you so that you can work less at the things you hate and spend more time doing what you want to be doing.

It's irrelevant to these players that an ND grad might average an $80,000-$100,000 salary upon graduating, rather than $60,000-$75,000 with a Texas Tech degree. If you can make upwards of $10 million in college between ages 18-22 and invest that money well, even if you don't play in the NFL afterwards, the AVERAGE ND grad is probably never catching up to you financially.

If I make $10 million in college and invest half of it, the compounded growth on $5 million from such a young age will guarantee me financial freedom in the majority of circumstances.

Let's do a little case study. At 22 years old I invest $5 million from after tax (net) income I made playing college football. My goal is two fold. Invest half the money for long term growth so that it compounds in perpetuity and invest the other half with a focus on interest generation that will produce in perpetuity without degrading the asset value.

Hell, I'll use the strategy that my wife and I are using right now, with just under $1 million invested and personnally managed. Not suggesting that it's completely optimized, but it's certainly effective for the sake of this case study.

I simply take $2.5 million of the $5 million and invest it in growth focused ETFs (maximizing tax free / sheltered accounts). If invested in a relatively conservative manner, it will double every 7'ish years. So if I make the investment at 22 and don't touch it, by 50 years old I'll have roughly $40 million in "retirement" accounts.

I use the other $2.5 million to purchase income focused ETFs with medium risk, but I'm not worried about the volatility associated with their share price because I never intend to sell them. By using covered calls and light leverage, these funds return me an average of 15-17%% per year, without any meaningful NAV erosion. We'll use 16% as the average return in this case. That's $400,000 in income generation each year, with huge tax benefits for dividends vs employment income. $33,333 per month in pre tax income. Let's say for the sake of the case study that you wind up paying (after deductions and credits) 20% of that monthly income in taxes ($6,666 per month). You wind up with $26,667 of post tax, monthly income to live off of. Now, because you have $2.5 million invested, you can borrow against that money on margin, at favourable interest rates, to constantly buy more stock. There is nothing better than instantly borrowing $100,000 to buy stock "on sale" at a 5%-6% interest rate, then watch it produce 16% in dividends and distributions, while you wait for the stock price to recover, adding to the return potential.

What you've created for yourself is long term wealth in the form of retirement money that grows in the background, combined with excellent cash flow that enables you to live a really comfortable life and continually grow your cash flow through light leverage.

In our society, access to money at a young age is extremely powerful.

 

[ab2cmiller]

Unfortunately, education in many fields is becoming less relavent every year if your primary marker for future success is economic freedom. Of course that's not true in every field, but it is in a lot of them. Outside of the networking aspect of things, which has also dimished in relevance because of social media's proliferation, an ND degree doesn't carry the weight it once did.

The reality is that if you can make $5-$10 million in NIL while you're in college at a school like Texas Tech and you have the correct people in your corner from a financial literacy and investment standpoint, 2x the money (at that price point) + a Texas Tech Degree, becomes more valuable than half the money and an ND degree in a lot fields. We live in a hyper capitalized society, where the freedom to spend your time doing what you're passionate about depends primarily on how much wealth you have working passively for you so that you can work less and do what you want to be doing.

It's irrelevant to these players that an ND grad might average an $80,000-$100,000 salary upon graduating, rather than $60,000-$75,000 with a Texas Tech degree. If you can make upwards of $10 million in college between ages 18-22 and invest that money well, even if you don't play in the NFL afterwards, the AVERAGE ND grad is probably never catching up to you financially.

If I make $10 million in college and invest half of it, the compounded growth on $5 million from such a young age will guarantee me financial freedom in the majority of circumstances.

Let's do a little case study. At 22 years old I invest $5 million from after tax (net) income I made playing college football. My goal is two fold. Invest half the money for long term growth so that it compounds in perpetuity and invest the other half with a focus on interest generation that will produce in perpetuity without degrading the asset value.

Hell, I'll use the strategy that my wife and I are using right now, with just under $1 million invested and personnally managed. Not suggesting that it's completely optimized, but it's certainly effective for the sake of this case study.

I simply take $2.5 million of the $5 million and invest it in growth focused ETFs (maximizing tax free / sheltered accounts). If invested in a relatively conservative manner, it will double every 7'ish years. So if I make the investment at 22 and don't touch it, by 50 years old I'll have roughly $40 million in "retirement" accounts.

I use the other $2.5 million to purchase income focused ETFs with medium risk, but I'm not worried about the volatility associated with their share price because I never intend to sell them. By using covered calls and light leverage, these funds return me an average of 15-17%% per year, without any meaningful NAV erosion. We'll use 16% as the average return in this case. That's $400,000 in income generation each year, with huge tax benefits for dividends vs employment income. $33,333 per month in pre tax income. Let's say for the sake of the case study that you wind up paying (after deductions and credits) 20% of that monthly income in taxes ($6,666 per month). You wind up with $26,667 of post tax, monthly income to live off of. Now, because you have $2.5 million invested, you can borrow against that money on margin, at favourable interest rates, to constantly buy more stock. There is nothing better than instantly borrowing $100,000 to buy stock "on sale" at a 5%-6% interest rate, then watch it produce 16% in dividends and distributions, while you wait for the stock price to recover.

What you've created for yourself is long term wealth in the form of retirement money that grows in the background, combined with excellent cash flow that enables you to live a really comfortable life and continually grow your cash flow through light leverage.

In our society, access to money at a young at is extremely powerful.

All true. But 99% of these athletes will do nothing remotely close to that. Virtually all will end up wasting it away.

 

[IrishInOntario]

All true. But 99% of these athletes will do nothing remotely close to that. Virtually all will end up wasting it away.

I think that's starting to change a little bit. Financial literary is becoming more common from what I see when interacting with young people. They're certainly not focusing on optimization, but there are more and more young people figuring out that they can work less if they can save money that works for them passively in the background. I also think there are a ton of investment professionals and money managers getting in the ears of these young people. Not all will listen and some will be taken advantage of, but others will get rich while investment firms make good money off them as well.

 

[TorontoGold]

I’d love to see a cap in the MLB, too, it’s not just CFB. I get the opposing perspective, but in CFB, the reality is a majority of schools don’t have boosters with pockets deep enough to keep them relevant. I’m not necessarily “old man yells at cloud” up in arms about it, but I do feel for programs toward the back end of D1 that have been solid over the years that are relegated to mediocrity in the modern landscape of CFB. For every Texas Tech, there’s another school who’s trended in the opposite direction based on their inability to compete in the arms race.

Realistically, the 1x transfer rule might help change my opinion a bit as players won’t be able to jump to four programs in four years based off getting more enticing offers each offseason.

Instead of a salary cap I think a transfer fee payment between schools would be sweet. Obviously it legally can’t inhibit a players ability to change schools but something to pay schools for developing them. I think schools should get “franchise tags” that mirror the offer sheet process in the NHL. Allows the player to receive FMV, and the feeder school to receive compensation.

I think a salary cap is made to suppress wages, and for large institutions I don’t anyone is losing sleep over them paying out a bit more.

 

[Te'o4Heisman]

NIL is not the issue. If they fixed the transfer portal and put more rules and regulations around it you would hear less gripes about NIL. Kids bouncing to a different school for a higher paycheck every year and schools tampering and buying other teams players off their roster is the elephant in the room that needs to be fixed immediately.

 

[CoachB]

I keep clicking this every time it comes to the top thinking it might be news of the actual topic.

Clean up on aisle 7 please.

 

[arrowryan]

 

[Chicago Domer]

Yeah, I'm not sure I'll ever understand their perspective. The first thing most people look at when considering a job is the paycheck.

That’s why there was college sports and then pro. The whole industry has gone haywire, from TV to colleges to NIL.

If the NCAA went back to a simpler time, and they created a semipro league for paid players, the semipro league would be a bust. Then there would would be very little for the players, sort of like baseball is now. What players would understand is that it’s the college name that brings in the money, not the players. The level of play would be meaningless as long as it is competitive.

 

[JD Irish]

It certainly seems like there has been a significant increase in market value for players this recruiting cycle and that ND has not adjusted. That's my inference based on these results, anyway.

 

[CanadalovesND]

It certainly seems like there has been a significant increase in market value for players this recruiting cycle and that ND has not adjusted. That's my inference based on these results, anyway.

I’m curious as to how you came up with that conclusion. Not coming at you, just curious.

 

[NDPhilly]

It certainly seems like there has been a significant increase in market value for players this recruiting cycle and that ND has not adjusted. That's my inference based on these results, anyway.

People literally said the same thing last spring lol

 

[JD Irish]

I’m curious as to how you came up with that conclusion. Not coming at you, just curious.

It is just a guess. But, recruiting is going significantly worse this year - we've missed on our top targets and are now targeting a lot of lower ranked players. The most likely explanations would seem to be that either recruiting efforts have gotten complacent by the staff or ND isn't as competitive this year financially.

 

[IRISHbluehen]

It certainly seems like there has been a significant increase in market value for players this recruiting cycle and that ND has not adjusted. That's my inference based on these results, anyway.

DF coming for one of the big official weekends, 6/12. I don't really think that he would waste his time if ND was that far off the other NIL offers he has received from TT and Miami.

To me DF is pretty close to a can't miss kind of guy as he comes from the region, is a big time DT prospect, and has a good number of pro-ND people around him. If they think he is worth opening the checkbook, then they shouldn't hesitate. But I also don't think a single soul here knew who he was before he was offered in January lol.

I think the way the class came together last year down the May/June stretch run should garner the staff/admin the benefit of the doubt. At this point last year, Finley was trending away, JOB was gonna end up at Oregon, Golden was waiting too long to commit, Grubbs was a lame duck, Gino wouldn't offer a 27 guy, etc.

 

[NDhoosier]

It is just a guess. But, recruiting is going significantly worse this year - we've missed on our top targets and are now targeting a lot of lower ranked players. The most likely explanations would seem to be that either recruiting efforts have gotten complacent by the staff or ND isn't as competitive this year financially.

Its like Deja Vu... from last year right around this time.

 

[Katzenboyer]

It is just a guess. But, recruiting is going significantly worse this year - we've missed on our top targets and are now targeting a lot of lower ranked players. The most likely explanations would seem to be that either recruiting efforts have gotten complacent by the staff or ND isn't as competitive this year financially.

 

[irishnd31]

 

[notredomer23]

It is just a guess. But, recruiting is going significantly worse this year - we've missed on our top targets and are now targeting a lot of lower ranked players. The most likely explanations would seem to be that either recruiting efforts have gotten complacent by the staff or ND isn't as competitive this year financially.

Would argue it’s much more to do with the fact it’s April 19th and they just replaced their entire defensive staff.

At this date last year ND had 11 commits. 1 5 star but at this point the rest of the class was like most other ND classes- good but not elite. They didn’t turn it up til May and officials.

ND has 8 composite 4 star commits right now. Of course we want more Joey O’Brien and Ian Premer type wins and they will come in OV season.

 

[Dale]

It certainly seems like there has been a significant increase in market value for players this recruiting cycle and that ND has not adjusted. That's my inference based on these results, anyway.

Which recruits does this apply to?

Do you think for example, two of the top corners in the country came cheap? Or signing Jarrard while Georgia pushed to flip him didn’t take anything? The Top 100 OL didn’t cost much? Julius Jones, Parks, Folorunsho ain’t gonna cost much?

 

[GoldenAura]

It certainly seems like there has been a significant increase in market value for players this recruiting cycle and that ND has not adjusted. That's my inference based on these results, anyway.

It is just a guess. But, recruiting is going significantly worse this year - we've missed on our top targets and are now targeting a lot of lower ranked players. The most likely explanations would seem to be that either recruiting efforts have gotten complacent by the staff or ND isn't as competitive this year financially.

 

[tirishman505]

That’s why there was college sports and then pro. The whole industry has gone haywire, from TV to colleges to NIL.

If the NCAA went back to a simpler time, and they created a semipro league for paid players, the semipro league would be a bust. Then there would would be very little for the players, sort of like baseball is now. What players would understand is that it’s the college name that brings in the money, not the players. The level of play would be meaningless as long as it is competitive.

Sure, but the origin of all of this is the amount of money the schools are raking in off of football. If they want to give back the TV money along with all of the other revenue that comes from monetizing their rights, the college vs pro distinction makes sense, the "student-athlete" distinction makes sense.

But if their business model closely adheres to the NFL model, it's reasonable for the costs of generating that revenue to follow suit. My prediction is that athletes' comp will continue to rise until they settle around the NFL mark, who's avg comp + benefits run about 50-60% of revenue. If traditional expenses like tuition and room board etc are 8 milion or so, double that to account for travel and other personal overhead, we're looking at team "payroll" in the $40-$50mil range. Right now only the very top spending schools are coming close to that. We'll probably see a compression in coaching wages and eventually the separation of the schools that can invest in that level from everyone else.

 

[arrowryan]

Anything good?

 

[Irish Man3]

Anything good?

Called ND his “dream school” and it would seem Miami and ND are a notch above anyone else. They’re also his last two visits and he seems like a very impressionable kid.

Enjoyed his time and meeting Partridge and seeing how he would be used in the defense which was described as 3T and big end.

My own opinion, I think he ends up at ND. I think he’s enjoying the process and schools are throwing big money around and it’s enticing but a lot to sort though.