No, you can't spend $20 million of a $100 million fund per year

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Dec 20, 2024
12:43:11pm

nova_coug_fan All-American

At least not unless you're receiving huge additional infusions of money each year.

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nova_coug_fan

Bio page: nova_coug_fan
Joined: Jan 5, 2013
Last login: Dec 20, 2024
Total posts: 2,415 (4 FO)

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Messages

Author

Time

Hans is sharing stories from insiders that BYU has 9 digit ($100 million+) funds

NYC and Japan

12:31pm

Pretty evident based on how this portal has played out so far.

BGRTHNUMEGO

12:32pm

Hunter Clegg isn’t a good flip?

Zombre

2:44pm

Did Hunter Clegg flip?

Tesla Coug

3:04pm

If we have a $100 Million in available NIL funds and we can't land Lyon's...

Coug

12:38pm

haha, Lyons is for next year and is a 5 star recruit

JOPE

12:44pm

Plus he’s a mission kid. He won’t play CFB for 3-4 more years.

Magneto

2:47pm

Lyons will be back from his mission about the time Retzlaff finishes his eligibility

2FarGone

3:24pm

…or our fans need to get a clue.

thirdgencoug

1:49pm

Did Lyons commit somewhere?

Lcoug

1:59pm

If true, where are the football recruiting results?

nova_coug_fan

12:40pm

lots spent on retaining players too, for example USC offered Glasker a huge amount of money

JOPE

12:54pm

So, USC is engaging in illegal activity?

Muscle IQ

2:55pm

iirc, Ohio State is the highest at around $20 mil a year.

Longseason

12:41pm

Well burning $20 million a year, would exhaust that NIL rather quick.

SnickSnack

12:43pm

Assuming at least some of that is replenished every year.

Longseason

12:46pm

Just need to invest it in the next great Utah MLM!

RBLegend

12:53pm

To your point…

Da Cougars

1:39pm

$13M annually would be huge and allow BYU to compete.

SnickSnack

1:42pm

Cougar Club gets closer to $20M per year. I think we'll spend just as much as the big boys over the next couple of

HarlemCoug

1:45pm

No, you can't spend $20 million of a $100 million fund per year

nova_coug_fan

12:43pm

Hans said in an interview yesterday that

I'mBatman

1:00pm

Jaxson Dart is probably making over $5 million in NIL deals right now

Coug

1:43pm

That was for OL and DL starters. He said Chase Roberts is around the $400-450K

Mabuhay Coug

2:29pm

I don’t believe this for a second.

wildlandfireguy

12:42pm

Folks, he's not saying a $100million budget each year. As an endowment, I believe it.

CalGTR

12:46pm

Even as an endowment that seems like a lot to me unless a lot of it came from

JuicyJam

12:50pm

BYU's endowment is quite a bit more than that. And, this number isn't actually that crazy when you look at how BYU

Bob Vance

1:13pm

Well yeah the real endowment is.

JuicyJam

1:19pm

Before Sy Kimball passed away, he said there was about $17 million in the

75Coug

2:37pm

I don't think it's an endowment but I think it will be treated as one.

shakarocks

1:56pm

Sure. I have no idea what the rules numbers are or how they have things structured.

CalGTR

2:21pm

Hans is still discussing it and said the fund is fairly recent helped by results

NYC and Japan

12:48pm

Where did he say this? Link?

macdizzle

12:55pm

I assume radio

JuicyJam

12:58pm

He has talked about it in nearly every part of the radio program today and

NYC and Japan

1:39pm

This actually makes me sick...this money should be given to those in need.

cb1kenobi

1:01pm

It is.

All-American

1:01pm

You should give me all of your money because I need it more than you do.

kimdaddy35

1:06pm

Yes, let’s just give money to people. It always works. Solves hunger, illness

WallaX2

1:06pm

Reasoning with cougarboarders is so sad.

cb1kenobi

1:13pm

irony is a strong suit of yours.

HarlemCoug

1:51pm

Shouldn't you be serving in a soup kitchen rather than spending time on CB?

HandwovenBox

2:22pm

It’s a stupid system, but it’s just people getting paid what they are worth.

RBLegend

1:07pm

I call this the Judas Argument.

Conan

1:07pm

Under that thinking, no one would ever get money ever if you could always say to give it to those in need. I'm sure

Bob Vance

1:14pm

The university isn't giving the money to anyone. The money doesn't belong to the university or the church. It is being

No touching

1:18pm

Boardname checks out.

AF'er

1:40pm

Totally get that and I'm happy it isn't university and tithing funds. I just...

cb1kenobi

1:52pm

What percent of their total donations do you think Cougar Club members send to BYU? I'd bet it's a small fraction of

HarlemCoug

1:58pm

So people aren't allowed to get paid their market value under your opinion? Interesting

Coug

1:24pm

They should yes...

cb1kenobi

1:53pm

Who says there isn't?

JuicyJam

2:23pm

Apparently he thinks the billions of wealth created by college football each year should go to the universities and

HarlemCoug

1:56pm

No..."he" doesn't. That scandal is something that needs to be addressed on...

cb1kenobi

2:12pm

I love it when people judge and tell others how to spend their money. Thanks!

Atmospheric_Cougar

1:33pm

It's not the school's money. It's private people spending private money.

KayakCoug

1:40pm

I understand this thinking but that isn't how it works at all. This is not

CougaRR4L

1:40pm

BYU and the Church donate many more times this amount through other avenues.

sakar12

1:41pm

Why do you get to decide how others spend their money?

Thrill

1:50pm

RE: This actually makes me sick...this money should be given to those in need.

CougarCanuck76

1:50pm

Well you shouldn’t buy a house or a car bc there are so many that need one

BYU Grounds

1:51pm

It makes you sick? I love CB.

westsidecoug

1:56pm

AJ is in need. In need to leading ByU to the Final Four!

macdizzle

2:00pm

Wow, I'm sorry I've offended so many people here by this post. All I wanted...

cb1kenobi

2:09pm

"Virtual sigh" -> oh brother here we go again... I'll answer your question.

Atmospheric_Cougar

2:23pm

Now we're getting somewhere. That was atmospheric.

cb1kenobi

3:41pm

My problem with your post is that you for some reason think that donors to BYU sports are so shallow that they don't

HarlemCoug

2:53pm

RE: This actually makes me sick...this money should be given to those in need.

Tesla Coug

2:17pm

You realize this is private money, right?

Accipiter

2:52pm

Link?

CougarCanuck76

1:42pm

Has been discuss all through show today. First I heard was about 12:20 (about

NYC and Japan

1:45pm

Thx I'll download and listen later today

CougarCanuck76

1:50pm

Put it all in an interest bearing account so it never runs out. Pay the NIL only

WaffleCheese

1:46pm

Well start using the money!!!

SoValleyCOUG

2:20pm

From all accounts, Pres. Reese is a driving force in the NIL amounts BYU is

Forzaitalia

2:20pm

I’m surprised BYU is okay with Hans divulging NIL $$$ details. The BYU I know would keep that information private—

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