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Another domino has fallen NIL

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Re: Another domino has fallen NIL

Unread post by mike87 » Thu Feb 13, 2025 5:28 pm

I was contributing to TIGMA but when the Football Support Fund through athletics opened, I switched to it just because it had the backing of the university. Same basic premise but seemed to be more stable. Turns out it was/is. Admitted, it's pissing away money, but it doesn't make me drunk or fat so I've spent more on worse.

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Re: Another domino has fallen NIL

Unread post by AppfaninCAALand » Thu Feb 13, 2025 7:20 pm

If it came to pass that the top 30 or so football and basketball programs split off into some sort of pro set up, while everyone else (and even other sports at the big boys) operated on a D2 model, I think I would be fine with that eventually.

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Re: Another domino has fallen NIL

Unread post by ArmantiWaterSafety » Fri Feb 14, 2025 8:23 am

I'm glad to see they made Scholarships/Yosef Club the #1 priority in the "App State Athletics Comprehensive Excellence Priorities." I have yet to see a valid reason why an individual would want to donate to NIL at our level outside of tax purposes. Although, this seems to point to the fact that we know we're permanently in the 2nd tier, which is fine as long as we aim to be the top of the 2nd tier. I just wish we could go back 5 years ago where I could name nearly the entire roster before all the transfers each year. Hard to build a connection with the team when I have no clue who the starters are year-to-year.

https://appstatesports.com/news/2025/2/ ... ities.aspx

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Re: Another domino has fallen NIL

Unread post by bcoach » Fri Feb 21, 2025 2:35 pm

ArmantiWaterSafety wrote:
Fri Feb 14, 2025 8:23 am
I'm glad to see they made Scholarships/Yosef Club the #1 priority in the "App State Athletics Comprehensive Excellence Priorities." I have yet to see a valid reason why an individual would want to donate to NIL at our level outside of tax purposes. Although, this seems to point to the fact that we know we're permanently in the 2nd tier, which is fine as long as we aim to be the top of the 2nd tier. I just wish we could go back 5 years ago where I could name nearly the entire roster before all the transfers each year. Hard to build a connection with the team when I have no clue who the starters are year-to-year.

https://appstatesports.com/news/2025/2/ ... ities.aspx
I think there will be no tax advantage to NIL donations. IRS has said no deductions for money to pay players.

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Re: Another domino has fallen NIL

Unread post by Mjohn1988 » Fri Feb 21, 2025 9:50 pm

ArmantiWaterSafety wrote:
Fri Feb 14, 2025 8:23 am
I'm glad to see they made Scholarships/Yosef Club the #1 priority in the "App State Athletics Comprehensive Excellence Priorities." I have yet to see a valid reason why an individual would want to donate to NIL at our level outside of tax purposes. Although, this seems to point to the fact that we know we're permanently in the 2nd tier, which is fine as long as we aim to be the top of the 2nd tier. I just wish we could go back 5 years ago where I could name nearly the entire roster before all the transfers each year. Hard to build a connection with the team when I have no clue who the starters are year-to-year.

https://appstatesports.com/news/2025/2/ ... ities.aspx
I’ve said it several times, one of the best things about college football was watching players grow from year to year. And watching guys really become a team. If we have turnovers going forward like we had this year I think I’ll start to lose interest. But maybe winning will be enough to keep me interested. I’m honestly not sure.

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Re: Another domino has fallen NIL

Unread post by Bootsy » Sat Feb 22, 2025 8:47 am

goappstate wrote:
Thu Feb 13, 2025 3:47 pm
Can someone give more insight on why TIGMA is ceasing all efforts? Explain it to me like I am a 5th grader LOL.
TIGMA floundered because SANIL made a lot of upfront promises and claims as to how they were going to grow direct/ indirect revenues for the fund, but failed to follow through. A group of high-level App donors were involved with TIGMA and tried hard to make things happen, the SANIL couldn’t/wouldn't fulfill their end of the bargain.

Also, App’s on-field performance last season didn’t help. And when TIGMA was founded in (late 2023?), NIL was still in its infancy. So, I wonder how many App fans were taking a “wait and see” approach to NIL at that point?

Let’s hope the future is very different. On all counts.

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Re: Another domino has fallen NIL

Unread post by bcoach » Sat Feb 22, 2025 10:00 am

Bootsy wrote:
Sat Feb 22, 2025 8:47 am
goappstate wrote:
Thu Feb 13, 2025 3:47 pm
Can someone give more insight on why TIGMA is ceasing all efforts? Explain it to me like I am a 5th grader LOL.
TIGMA floundered because SANIL made a lot of upfront promises and claims as to how they were going to grow direct/ indirect revenues for the fund, but failed to follow through. A group of high-level App donors were involved with TIGMA and tried hard to make things happen, the SANIL couldn’t/wouldn't fulfill their end of the bargain.

Also, App’s on-field performance last season didn’t help. And when TIGMA was founded in (late 2023?), NIL was still in its infancy. So, I wonder how many App fans were taking a “wait and see” approach to NIL at that point?

Let’s hope the future is very different. On all counts.
and then there is this
https://www.sportico.com/leagues/colleg ... 234818791/

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Re: Another domino has fallen NIL

Unread post by Mjohn1988 » Sun Feb 23, 2025 2:14 pm

bcoach wrote:
Sat Feb 22, 2025 10:00 am
Bootsy wrote:
Sat Feb 22, 2025 8:47 am
goappstate wrote:
Thu Feb 13, 2025 3:47 pm
Can someone give more insight on why TIGMA is ceasing all efforts? Explain it to me like I am a 5th grader LOL.
TIGMA floundered because SANIL made a lot of upfront promises and claims as to how they were going to grow direct/ indirect revenues for the fund, but failed to follow through. A group of high-level App donors were involved with TIGMA and tried hard to make things happen, the SANIL couldn’t/wouldn't fulfill their end of the bargain.

Also, App’s on-field performance last season didn’t help. And when TIGMA was founded in (late 2023?), NIL was still in its infancy. So, I wonder how many App fans were taking a “wait and see” approach to NIL at that point?

Let’s hope the future is very different. On all counts.
and then there is this
https://www.sportico.com/leagues/colleg ... 234818791/
I’m baffled by how any group associated with NIL payments can be a “non profit”. I get that the collectives don’t make money but how would they qualify as a “non profit”. The payments going to players for NIL don’t qualify as charitable contributions. The way I see it, collectives closing down is part of the solution not part of the problem.

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Re: Another domino has fallen NIL

Unread post by Saint3333 » Sun Feb 23, 2025 2:39 pm

Non-profits do not automatically qualify for 501(c) status. Difference in being a non-taxable entity vs a charity that donations to that entity are tax deductible.

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Re: Another domino has fallen NIL

Unread post by Stonewall » Sun Feb 23, 2025 8:16 pm

Revenue sharing is apparently the way forward.

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Re: Another domino has fallen NIL

Unread post by bcoach » Sun Feb 23, 2025 8:27 pm

Stonewall wrote:
Sun Feb 23, 2025 8:16 pm
Revenue sharing is apparently the way forward.
The only thing missing is the revenue.

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Re: Another domino has fallen NIL

Unread post by VNova » Sun Feb 23, 2025 11:01 pm

bcoach wrote:
Sun Feb 23, 2025 8:27 pm
Stonewall wrote:
Sun Feb 23, 2025 8:16 pm
Revenue sharing is apparently the way forward.
The only thing missing is the revenue.
There’s revenue, but hardly any profit…in most cases it barely, if it even does, covers current expenses.

Revenue sharing is going to hurt. Profit sharing less so.

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Re: Another domino has fallen NIL

Unread post by Stonewall » Mon Feb 24, 2025 7:14 am

$2,000,000

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Re: Another domino has fallen NIL

Unread post by bcoach » Mon Feb 24, 2025 8:28 am

VNova wrote:
Sun Feb 23, 2025 11:01 pm
bcoach wrote:
Sun Feb 23, 2025 8:27 pm
Stonewall wrote:
Sun Feb 23, 2025 8:16 pm
Revenue sharing is apparently the way forward.
The only thing missing is the revenue.
There’s revenue, but hardly any profit…in most cases it barely, if it even does, covers current expenses.

Revenue sharing is going to hurt. Profit sharing less so.
That is my point. The revenue is not there to add much more in expenses. If you add player salary who are you not going to pay?

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Re: Another domino has fallen NIL

Unread post by BambooRdApp » Mon Feb 24, 2025 8:36 am

bcoach wrote:
Mon Feb 24, 2025 8:28 am
VNova wrote:
Sun Feb 23, 2025 11:01 pm
bcoach wrote:
Sun Feb 23, 2025 8:27 pm
Stonewall wrote:
Sun Feb 23, 2025 8:16 pm
Revenue sharing is apparently the way forward.
The only thing missing is the revenue.
There’s revenue, but hardly any profit…in most cases it barely, if it even does, covers current expenses.

Revenue sharing is going to hurt. Profit sharing less so.
That is my point. The revenue is not there to add much more in expenses. If you add player salary who are you not going to pay?
It's a decision. How much can we charge for fannies in seats and not out price ourselves....and hopefully TV contracts continue to improve
Today I Give My All For Appalachian State!!
#FreeMillerHillForMoMoney!!

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Re: Another domino has fallen NIL

Unread post by NewApp » Mon Feb 24, 2025 5:18 pm

Do we have any present athletes who are receiving significant NIL money?
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Re: Another domino has fallen NIL

Unread post by Mjohn1988 » Tue Mar 04, 2025 8:28 pm

NewApp wrote:
Mon Feb 24, 2025 5:18 pm
Do we have any present athletes who are receiving significant NIL money?
I have no idea but I don’t think there will end up being much “NIL” money being tossed around in the G5. I think our problem as a whole, the G5, will be losing players to the P4. If NIL continues the way it is we will just become a farm league for the P4. But I also think some of the shine on the whole NIL thing will wear off in the P4 too. Some folks will throw money into it for a few years win nothing and stop throwing money away.

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Re: Another domino has fallen NIL

Unread post by AppSt94 » Tue Mar 04, 2025 9:29 pm

NewApp wrote:
Mon Feb 24, 2025 5:18 pm
Do we have any present athletes who are receiving significant NIL money?
Define “significant”.

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Re: Another domino has fallen NIL

Unread post by Bigdaddyg1 » Wed Mar 05, 2025 7:53 am

I don’t see how a school like App could possibly really make “significant” NIL or even profit sharing work. For one we can’t possibly have enough excess profit to even pay out.
Also, theoretically if we accumulate what I call stupid money (money arbitrarily thrown at athletes for maybe a couple of extra wins) how can it possibly be fairly distributed? Human nature tells me there has to be locker room resentment- maybe not as much now but it will get worse. Publicly some players say they are happy that another guy “got the bag” but privately they can’t be overjoyed especially if the majority of the “regular guys” who bust their tails in practice get very little because they aren’t the studs. Maybe I’m wrong or simply out of touch with the currrent reality but how on earth could App athletics possibly generate enough extra cash to dole it out?

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Re: Another domino has fallen NIL

Unread post by BambooRdApp » Wed Mar 05, 2025 8:13 am

Bigdaddyg1 wrote:
Wed Mar 05, 2025 7:53 am
I don’t see how a school like App could possibly really make “significant” NIL or even profit sharing work. For one we can’t possibly have enough excess profit to even pay out.
Also, theoretically if we accumulate what I call stupid money (money arbitrarily thrown at athletes for maybe a couple of extra wins) how can it possibly be fairly distributed? Human nature tells me there has to be locker room resentment- maybe not as much now but it will get worse. Publicly some players say they are happy that another guy “got the bag” but privately they can’t be overjoyed especially if the majority of the “regular guys” who bust their tails in practice get very little because they aren’t the studs. Maybe I’m wrong or simply out of touch with the currrent reality but how on earth could App athletics possibly generate enough extra cash to dole it out?
Locker room resentment...every Power school is dealing with it... every NFL team deals with it. QBs typically make more than anyone else..just my opinion...but everyone has to deal with that in some form or fashion...the dollars may differ...but the nil football dollars between Rutgers and Ohio State is probably significantly different..
Today I Give My All For Appalachian State!!
#FreeMillerHillForMoMoney!!

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