Considering that many UH graduates are first generation graduates, I doubt many of us were handed down money or have money lying around to contribute to NIL.
We need to change this in the next few years by hitting up our wealthy graduates and businesses.
I donât see a pullback amongst the major collectives supporting the blue bloods anytime soon. I think the largely self-sustainable model many of the major collectives are seeking is to develop more of an investment portfolio of somewhere in the $200-300M range (minimum) that they invest in different things to get a ~7-10% yearly ROI. From there they can then pay out their yearly NIL allotment as the ROI profit made on that $200M+ portfolio so they donât necessarily need large yearly cash infusion from donors. Reasonably stable model.
Say they make 10% that year on a $200M portfolio then they have $20M in profit to fund NIL for their school. Obviously that $200M+ portfolio base value target can grow or drop based on a variety of factors. But just like a rich family is basically set for life once they get to a critical level of wealth since a very large amount of $ makes enough once smartly invested to âlive onâ so will the top collectives. They will sustain and even keep growing these high NIL yearly allotments as time goes on because of this. Donât underestimate rich people with a common goal doing rich people things.
Lower end collectives like UH will struggle to grow towards a sustainable model as we donât have critical funds to âlet the money grow the moneyâ and will be more donor based year to year. There will be heavy pressure to use NIL funds that are available to keep up with more stable blue blood collectives and save a few players from getting poached or to bring in a few players to help us keep up on the field.
Again, as I posted above, this will result in an increasingly marked pull away of the blue bloods from everyone else. Those 12 teams in the playoff will have 9-10 teams that come from the same 15 bluebloods.
You are arguing against NIL (compensation for players) and also saying that paying large sums of money to teenage boys is bad for society. The obvious conclusion therefore is that compensating people what their talent can stipulate is bad for society. Itâs very easy to put 2 and 2 together.
Actually, yes in part. A playerâs NIL value is largely correlated with their athletic talent and prowess. The better the player the more value they have to their NIL.
If I am head of a non-profit and the person in charge of donations performed as poorly as the one at LinkingCoogs, I would be making a change. That person is barely known in Houston by the right people and wasnât a star athlete. Wrong person for the job and the results show it.
Sorry, logic fail there my friend. That conclusion youâve drawn is not true or what I said. First
off, kids is a subset of people. I said kids. And if you spend time around teenagers, whom I call kids, you will understand of how they donât think things through, are impulsive, and risk takers. Even
the straight A kids.
Literally none of this matters. Compensate people what they earn and are worth. Period. These âkidsâ generate billions of dollars. And them getting their rightful cut and share of that money, whether itâs 10 bucks or 10 million, is not bad for society no matter how you try to spin it acting as if there is not already thousands of âkidsâ that can access great wealth and money.
Well now we donât know if thatâll end up being a good thing for Jimbo. Thank goodness heâs not a teenage boy or he might be reckless with all that moolah. Much less likely to ruin society. He can count his multi-millions for doing nothing like the good American citizen he is.
As alumni, we are looking at this from an economics, capitalistic slant. These gen Zâers do not think that way. As a business that looksto hire, they do not want to work, if they do they want too much. Most our of college want part of the company. A good example is Wliiams at USC, thinking he will #1 in the draft, and wants part of the company out of college. That is a gen Z mentality.
Heâs donated over 10 million to my hospital so Iâll keep my mouth shut
Ho much do you think he is laughing every time he gets one of those bi-weekly paychecks for $270,000 while he is binging Lost for the 4th time, for the next 7 years?
Yeah, employee ownership is such a Gen Z mentality. touches finger to ear⊠Oh Iâm being told that employee ownership is a concept hundreds of years old and has been a relevant part of American economics for decades. Guess Gen Z is way older than any of us thought.