The B10's Weaponization of clean cash is shifting power dynamics from south to north

[Red_Alert]

 

[osubuckeye89]

Ohio State seems to have settled in this as well. Save the really big NIL offers for transfers or convincing current starters with eligibility to return. It's probably a better route, honestly

Yep I fully agree that the strategy of using the majority of NIL funds to retain players or get more proven transfers is much better than just cutting a bunch of huge checks to HS recruits.

 

[cwerph]

lol. Learn real life

I may not be "smart" like you, but I'm smart enough to know that someone with 8 figures in assets vs someone with $300B don't live by the same rules or treat their assets the same.

You really aren't all that.

 

[fordman84]

I may not be "smart" like you, but I'm smart enough to know that someone with 8 figures in assets vs someone with $300B don't live by the same rules or treat their assets the same.

You really aren't all that.

k

Should probably start with learning to read and comprehend what people are saying.

 

[cwerph]

k

Should probably start with learning to read and comprehend what people are saying.

Ok, I'll start over.

Guys like Phil Knight who have invested in Oregon football for a couple of decades but haven't seen a national championship don't give a rat's ass about selling an asset or two and paying taxes if it means he gets players he thinks will make that happen.

His tax attorneys will figure out the best way to raise the cash that he wants to spend.

Go.

 

[fordman84]

Ok, I'll start over.

Guys like Phil Knight who have invested in Oregon football for a couple of decades but haven't seen a national championship don't give a rat's ass about selling an asset or two and paying taxes if it means he gets players he thinks will make that happen.

His tax attorneys will figure out the best way to raise the cash that he wants to spend.

Go.

as soon as billionaires see little return on investment, billionaires will regulate themselves.

People who get ultra-wealthy didn't do so by throwing good money at bad products.

Granted there are some out there with "fuck you" money and are happy to write million dollar checks each year in order to get access to the team/locker room/ 50 yard line/ etc. But those are few and far between, and not enough to drive an entire NIL program.

Like I said, learn to fucking read and comprehend what I've already said

 

[cwerph]

Like I said, learn to fucking read and comprehend what I've already said

You skipped a significant portion of your argument, which is what I was responding to.

You argued that Phil Knight didn't have enough liquid assets to fund NIL as was suggested. I call bullshit.

Do you think billionaires are all like scrooge mcduck? That they have vaults with all their money in it, as a liquid asset? They don't, they have budgets just like you and me.

See above. Just because on paper they are worth that, doesn't mean they have the liquid funds just laying around to waste on hobbies and pet projects that don't really offer any tangible return.

You argued that someone like Phil Knight would not have enough cash laying around to fund NIL as was suggested. Bullshit again.

Well, then you need to learn. If the funds are liquid then they are missing out on gains. If they aren't liquid then there is going to be pretty big tax implications in liquidating them.

When it was pointed out that the ultra rich on average spend 3% of their wealth on fantasy items, you asked which asset he would liquidate. It literally doesn't matter when you are that old and have that much money. He can't take it with him.

Point to where in that chart someone is going to liquidate 7-figures to pay a kid to play football.

Tell me which part of that chart he is going to liquidate to get that 3% of $35.1b

You tried to internet warrior your wealth to say that Phil Knight handles his money like you. Not a chance.

Congrats on your success, but comparing your wealth to someone like Knight is crazy talk.

You then backtracked and just went back to his lack of liquid assets which is basically saying Phil Knight is just like you. More bullshit.

I'm not saying my wealth compares to his in any way other than neither of us have mattresses stuffed with dollars. You get wealthy by letting your money work for you. He literally has to take money out of a growth medium to spend it on a kid to play football. The kid then owes you nothing. It's a terrible investment, which is why the powerful NIL systems are made up of a large amount of donors like me and not some billionaire.

Learn to remember what you wrote.

 

[fordman84]

You skipped a significant portion of your argument, which is what I was responding to.

You argued that Phil Knight didn't have enough liquid assets to fund NIL as was suggested. I call bullshit.

No I didn't. Never said anything about Phil or any specific billionaire. Learn to read.

You argued that someone like Phil Knight would not have enough cash laying around to fund NIL as was suggested. Bullshit again.

I never argued about a specific billionaire. Again, learn to read.

When it was pointed out that the ultra rich on average spend 3% of their wealth on fantasy items, you asked which asset he would liquidate. It literally doesn't matter when you are that old and have that much money. He can't take it with him.

Yes, which area in your little BS picture is an investor going to take money out of to burn. Still haven't answered.

You tried to internet warrior your wealth to say that Phil Knight handles his money like you. Not a chance.

Never talked about a specific billionaire, closest I got was talking about Berkshire, who you think is warren buffet. Learn to read.

You then backtracked and just went back to his lack of liquid assets which is basically saying Phil Knight is just like you. More bullshit.

You just can't read, so learn that then get back with me.

Learn to remember what you wrote.

You have no clue what you are talking about so just keep adding shit to obfuscate the conversation. Think whatever you want, but if you want to pretend that billionaires just sit on piles of cash and love giving it away for things with no return then you are a fucking idiot.

 

[cwerph]

No I didn't. Never said anything about Phil or any specific billionaire. Learn to read.

I never argued about a specific billionaire. Again, learn to read.

Yes, which area in your little BS picture is an investor going to take money out of to burn. Still haven't answered.

Never talked about a specific billionaire, closest I got was talking about Berkshire, who you think is warren buffet. Learn to read.

You just can't read, so learn that then get back with me.



You have no clue what you are talking about so just keep adding shit to obfuscate the conversation. Think whatever you want, but if you want to pretend that billionaires just sit on piles of cash and love giving it away for things with no return then you are a fucking idiot.

I think that billionaires (as evidenced by my earlier chart) BUDGET for their fantasy/passion. That was the point of the chart. They don't have to liquidate assets to do this stuff. It's built into their financial plan.

 

[fordman84]

I think that billionaires (as evidenced by my earlier chart) BUDGET for their fantasy/passion. That was the point of the chart. They don't have to liquidate assets to do this stuff. It's built into their financial plan.

And I'm telling you that you are wrong. They don't BUDGET to burn large amounts of cash (even if you incorrectly think it is all relative) with no return. Can you find singular examples of those that do? Sure. But nearly every single person who has built wealth like that is wired a certain way and "hey, this sounds fun and might get me laid so let me liquidate this growth investment so I can pay some high school kid to play football for my team of one year" isn't that way.

 

[cwerph]

And I'm telling you that you are wrong. They don't BUDGET to burn large amounts of cash (even if you incorrectly think it is all relative) with no return. Can you find singular examples of those that do? Sure. But nearly every single person who has built wealth like that is wired a certain way and "hey, this sounds fun and might get me laid so let me liquidate this growth investment so I can pay some high school kid to play football for my team of one year" isn't that way.

Phil Knight is over 80 years old. He can and will buy whatever he wants, including a college football roster. It won't even be a blip on his balance sheet. He is my singular example. The guy who just bought Michigan a QB is another.

Hell, I'm going to be 70 this year and last year when my financial guys showed me what I was leaving to my kids, I said, "Screw that. I am going to live a little." They changed the plan so I could spend more and save less, and I still have a 99% chance of having more money when I die than I have now even if I make it to 90 and my wife makes it to 95.

I agree with you that most billionaires won't waste money on NIL.

It only takes one.

That is what you don't get.

 

[MAIZEandBLUE09]

To be clear, if I ever become a billionaire I'm not going to care about investments, I'm going to buy Michigan a death star and do so on an annual basis.

 

[fordman84]

To be clear, if I ever become a billionaire I'm not going to care about investments, I'm going to buy Michigan a death star and do so on an annual basis.

Like I said, there are singular ultra-wealthy that will do that. But to blanket say "that guy has $300B so he will just give hundreds of millions to NIL" is stupid.

It's also why you will never become a billionaire short of a lotto ticket. Sorry, just the facts.

 

[fordman84]

Phil Knight is over 80 years old. He can and will buy whatever he wants, including a college football roster. It won't even be a blip on his balance sheet. He is my singular example. The guy who just bought Michigan a QB is another.

Hell, I'm going to be 70 this year and last year when my financial guys showed me what I was leaving to my kids, I said, "Screw that. I am going to live a little." They changed the plan so I could spend more and save less, and I still have a 99% chance of having more money when I die than I have now even if I make it to 90 and my wife makes it to 95.

I agree with you that most billionaires won't waste money on NIL.

It only takes one.

That is what you don't get.

What you don't get is I've never said there aren't billionaires out there that can and will do this. What I've been arguing against is that billionaires just have cash laying around to waste on stupid shit like an NIL deal.

And the sort of cash it would take to buy a natty for a team that isn't already contending, meaning the kind of team that would need a billionaires help, would be mind blowing. Northwestern was mentioned earlier so I'll use them. Do you have any idea the kind of money it would take to buy them a natty through NIL? You would need $100m up front at the minimum to pull that off, and then probably $25-$50m to maintain. You need to convince the right coach and staff and then convince multiple 5* and upper 4* at each position to come in all at once, plus depth for injuries. I don't care how many billions you are worth, no one is spending that kind of money year after year just to see their team have a good shot at a natty. MAYBE Phil Knight would because he actually can get a return on that investment, but no other one is going to do that. Not even Pickens gave that much to the Okie State for athletics. Yes he gave $120m for the stadium that now has his name, but that was for the stadium costs. He gave over half a billion in total to the school, but less than 1/4 of that went to athletics.

 

[cwerph]

What you don't get is I've never said there aren't billionaires out there that can and will do this. What I've been arguing against is that billionaires just have cash laying around to waste on stupid shit like an NIL deal.

And the sort of cash it would take to buy a natty for a team that isn't already contending, meaning the kind of team that would need a billionaires help, would be mind blowing. Northwestern was mentioned earlier so I'll use them. Do you have any idea the kind of money it would take to buy them a natty through NIL? You would need $100m up front at the minimum to pull that off, and then probably $25-$50m to maintain. You need to convince the right coach and staff and then convince multiple 5* and upper 4* at each position to come in all at once, plus depth for injuries. I don't care how many billions you are worth, no one is spending that kind of money year after year just to see their team have a good shot at a natty. MAYBE Phil Knight would because he actually can get a return on that investment, but no other one is going to do that. Not even Pickens gave that much to the Okie State for athletics. Yes he gave $120m for the stadium that now has his name, but that was for the stadium costs. He gave over half a billion in total to the school, but less than 1/4 of that went to athletics.

You don't need near $100M. Ohio State spent (famously) about $20 million this year. Despite the fairy tale being told by ESPN, most of that was on roster retention, not acquiring players. They are one of the most consistent high-profile football schools in the NCAA.

Two years ago, Ryan Day said it would take a steady flow of about $13-14 Million to cover NIL. That has jumped considerably because (gasp) benefactors at schools like Oregon and Miami are spreading cash like manure.

Michigan did pretty much the same thing last year on a much lower budget but now they have entered the big-spender market as well.

Will it be higher next year? No one knows because of the "House Settlement" case that is taking forever to flesh out.

Guys who buy programs like this won't throw good money after bad. They won't stop giving, though. They will get the coach fired and try to find the next great coach even if they have to fund a $75 million dollar buy-out to do so.

 

[osubuckeye89]

 

[osubuckeye89]

You don't need near $100M. Ohio State spent (famously) about $20 million this year. Despite the fairy tale being told by ESPN, most of that was on roster retention, not acquiring players. They are one of the most consistent high-profile football schools in the NCAA.

Two years ago, Ryan Day said it would take a steady flow of about $13-14 Million to cover NIL. That has jumped considerably because (gasp) benefactors at schools like Oregon and Miami are spreading cash like manure.

Michigan did pretty much the same thing last year on a much lower budget but now they have entered the big-spender market as well.

Will it be higher next year? No one knows because of the "House Settlement" case that is taking forever to flesh out.

Guys who buy programs like this won't throw good money after bad. They won't stop giving, though. They will get the coach fired and try to find the next great coach even if they have to fund a $75 million dollar buy-out to do so.

Ohio State didn't even spend the most money in the B1G. Oregon did lol. But the narrative of course is it's only Ohio State out trying to "buy a championship"

What has spending cash like wild fire gotten Oregon & Miami so far? I guess it got Oregon into the playoffs, it got Miami a pop tart bowl loss lol. I don't think just writing every check you can is ever going to be a long term 100% winning strategy when it comes to winning national titles. Oregon will definitely keep doing it just because they can though. I think the Miami money will eventually get tired of losing and pull back some.

 

[Wild Turkey]

The big difference isn’t the money but the speed. B1G teams have finally figured out how key it is and closed the “SEC Speed” gap.

The second issue is QB play but that will correct.

 

[osubuckeye89]

The big difference isn’t the money but the speed. B1G teams have finally figured out how key it is and closed the “SEC Speed” gap.

The second issue is QB play but that will correct.

It's not speed that's always been a myth. The real gap was on the OL and DLs.

Ohio State had plenty of speed on the 2006 team but Florida's OL and DL being superior killed us. Same in 2007 vs LSU.

 

[michaeljordan_fan]

It's not speed that's always been a myth. The real gap was on the OL and DLs.

Ohio State had plenty of speed on the 2006 team but Florida's OL and DL being superior killed us. Same in 2007 vs LSU.

Yup. Oregon has always had speed as well.