Almost all the fanatical fans I know didn't go to UConn. They're fanatical about UConn men's basketball, have always had season tickets...some going back like 50 years.
Florida also has many more Public Institutions including 2 state flagship Universities.
I imagine that the use of the donation will be the determining factor for Bleeding Blue contributions.
My idea is that just because CT has the greatest per capita income the wealth is concentrated in fewer individuals. A state with a greater (much greater) population may actually have more high earning individuals than CT willing to contribute to an NIL program.
I agree- and actually only having only 1 state Flagship should make it easier to concentrate dollars rather than Michigan/MSU, Florida/FSU etc..
Interesting viewpoint on fanatical fans. Due to the small size of CT relative to midwest states, the average fan here probably has a shorter drive to pro sports than in WI OH etc. UConn football is not a sub for pro sports since we have good access on this area.
10% for a non-profit startup charity's overhead is very low let alone for a for profit organization. In general, QuickBooks recommends that a nonprofit should try not to exceed an overhead ratio of greater than 35%. It’s often recommended that you should attempt to reach an overhead rate of less than 10%. Anywhere between these two rates is the standard breadth you’ll find most nonprofits
The D'Amelio is not a 501c3.
Never went to UConn, grew up in and around New Haven - been following the basketball team for 50 years (though no season tix). As you point out, there are lots of people like me.
I signed up to pay the collective $25/month. I just received a sticker, lanyard, t shirt, and a gift card to Ted’s. They shipped everything to my home out in the West Coast. I doubt that they are making money off of me. Maybe D’Amelio can offer better NIL packages to athletes by leveraging his marketing data when finding larger corporate sponsors.
Agreed, but I mean Texas A&M's boosters already have to pay $75 million in buyout plus a new coach, so I think that may be understandable as they have their resources directed there instead of NIL. But Michigan State folding and the complaints from places that I thought would have little trouble raising money are interesting.
There should be enough money to support hoops but football will require a major change. A team needs 50 or 70guys who can make an impact, at least a dozen star players and at least two P4 quarterbacks who can actually play well. And that is ami imum if you want a major bowl. NIL is making the rich very richer.
Yeah, I think the donors put the money I to the coaches rather than the players.
I hear you totally. Been there done that. Had 3 in college at same time. (all in NC)
It appears that the IRS has determined that donations to an NIL collective will not be tax deductible because they are not in furtherance of an educational purpose. Burton may initially have qualified for 501(c)3 status, but I don't think that will hold up if the money goes to NIL.
Disagree. The Big East and Hockey East are both power conferences in everything but football. We are independent in football, not a member of a G5 conference.
We are not trying to compete with the big boys, at least not yet. I mean I don't think Burton could have spell it out any easier "We want to be a leader in NIL in GROUP OF FIVE" emphasis on group of 5.
