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Dec 23, 2024
12:46
:46
pm
Celeritas
All-American
That fund is likely an endowment that they use proceeds from to fund NIL.
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Celeritas
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Celeritas
Joined
Jul 16, 2003
Last login
Dec 23, 2024
Total posts
4,555 (156 FO)
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Messages
Author
Time
A few thoughts on BYU and NIL with some insights from people who know things
macdizzle
Dec 23, 10:05am
That fund is likely an endowment that they use proceeds from to fund NIL.
Celeritas
Dec 23, 12:46pm
That's right. It's not like they have that each year obviously. BUT it appears
macdizzle
Dec 23, 12:51pm
How much of 100,000,000 million is "spendable" each year to keep the endowment
StantonMac
Dec 23, 1:20pm
BYU-managed endowment funds make up to 4.5% of the principal available per year.
Cosmos-beard-card
Dec 23, 2:20pm
Why spend any of the principle? Keep going. Blow it up to $1B and draw NIL funds
ninja math
2:27am
I want to believe this is true
MyTwoCents
Dec 23, 1:08pm
I know 2 of these guys that "people have never heard of" so just imagine how
Thrill
Dec 23, 4:48pm
I know my fair share of centi-millionaire mormons
MyTwoCents
Dec 23, 7:38pm
Maybe you could work on that for us?!
Cosmos-beard-card
Dec 23, 8:07pm
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