Brad Heinrichs(SWARM CEO) is answering questions in this thread. Proctor got $0 from Normal Iowa Fans. “He hadn’t gotten very much yet” from SWARM INC
- Thread starter Franisdaman
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there used to be all kinds of compliance issues for doing things like this, guess the NCAA really has no teeth.
We can't have cake and eat it too.
The wealthier alumni players (more of them obviously in football than basketball) so far haven't donated-or at least haven't announced-donations to Swarm, which irks some fans.
The impoverished fans say they can't afford to donate even if they wanted to.
Others say they already contribute to the cause indirectly by apparel, &/or tickets, etc.
Many more affluent Iowa fans can afford to contribute, but object to the Collective idea on principle of a "broken system" or more deserving causes.
The NIL stats I previously posted demonstrate that schools with a larger alumni base are already at an inherent advantage wrt Collectives due to the sheer larger # of potential donors. [So a school like Indiana with roughly 66% more undergraduates vs Iowa has a more robust NIL system going on now from what I can tell].
Yes, the developmental approach allows Iowa to overachieve relatively in football, but it will only to a point. Yes, the recent Texas A&M saga shows that money alone can't always "buy" a successful program.
However, listening to KF's very clear statement today, even developmental Iowa has a routine targeted important need for collective-funded player retention &/or portal additions.
It appears there is a tipping point upcoming very soon for Iowa. Some will kick-back and watch the boat sink..the message boards will still be here either way for that population.
Life as an Iowa fan is still reasonably good for football. It still brings joy several times a year, and (at the very least) year-round diversion to fans from their "real-life". Discussing the soap opera of sorts brings in thousands of views on these message board threads--even in the off-season.
Until a national system overhaul occurs, improved collective funding (by _whatever means possible) is clearly essential just to maintain Iowa's current performance in upcoming years. Don't listen to me, listen to Kirk.
The wealthier alumni players (more of them obviously in football than basketball) so far haven't donated-or at least haven't announced-donations to Swarm, which irks some fans.
The impoverished fans say they can't afford to donate even if they wanted to.
Others say they already contribute to the cause indirectly by apparel, &/or tickets, etc.
Many more affluent Iowa fans can afford to contribute, but object to the Collective idea on principle of a "broken system" or more deserving causes.
The NIL stats I previously posted demonstrate that schools with a larger alumni base are already at an inherent advantage wrt Collectives due to the sheer larger # of potential donors. [So a school like Indiana with roughly 66% more undergraduates vs Iowa has a more robust NIL system going on now from what I can tell].
Yes, the developmental approach allows Iowa to overachieve relatively in football, but it will only to a point. Yes, the recent Texas A&M saga shows that money alone can't always "buy" a successful program.
However, listening to KF's very clear statement today, even developmental Iowa has a routine targeted important need for collective-funded player retention &/or portal additions.
It appears there is a tipping point upcoming very soon for Iowa. Some will kick-back and watch the boat sink..the message boards will still be here either way for that population.
Life as an Iowa fan is still reasonably good for football. It still brings joy several times a year, and (at the very least) year-round diversion to fans from their "real-life". Discussing the soap opera of sorts brings in thousands of views on these message board threads--even in the off-season.
Until a national system overhaul occurs, improved collective funding (by _whatever means possible) is clearly essential just to maintain Iowa's current performance in upcoming years. Don't listen to me, listen to Kirk.
Former players never got NIL so they won’t donate. I believe Chad Greenway was contacted about his vodka brand partnering with Swarm and he never responded.
Dallas Clark is on the Swarm board.
BirdistheWord
HR Heisman
It’s a good lesson that NIL money distribution needs to be timed carefully.
I do not know the man, but I can tell he serves on the board based upon the info on the Swarm website.
If he's not giving on his own -- and soliciting other donations from his own network -- the Swarm is mishandling its board.
I previously worked for a non-profit. Each board member was required to submit a "give/get" form each year, in which they pledged to give a certain amount, and get a certain amount from their company/network/friends/family. There were no required amounts, and it was different for each board member, but there was an expectation to do at least something.
If the Swarm is not doing something similar with its board, they are missing a fundraising opportunity.
Hopefully the bridge is officially burnt and there won't be a 3rd "commitment."
For that $100k that seemingly would have gone to Proctor, will it be distributed to current roster players, a new recruit, or a combination of the two?
Thanks again for the effort you're putting into The Swarm, Brad.
Will Proctor play 3 years or 4 years in college? Hopefully he grows up and plays his last 2 or 3 years at Bama.
So here’s a question. What if I wanted to give money to help bring players to Iowa, but I don’t want my money to go into the pool that provides the equal stipends that all participating student-athletes get in return for their charity work? My understanding is that this is what the non-profit, collective arm of Swarm does.
Instead, I want to support Swarm Inc, the corporate side of Swarm that connects endorsement deals to specific athletes. Like the deal KP was set to get, or the deals that have been set up to help retain some of our better football players. Is there a way for me to support that?
TBH, and to be fair, I don’t see myself ever joining Swarm as a paid member either way. But if I ever did, I would much rather give money to help Iowa attract/retain a few star players with personalized marketing deals than give money to help provide a stipend to the fourth-string defensive end in exchange for reading books to school kids.
Instead, I want to support Swarm Inc, the corporate side of Swarm that connects endorsement deals to specific athletes. Like the deal KP was set to get, or the deals that have been set up to help retain some of our better football players. Is there a way for me to support that?
TBH, and to be fair, I don’t see myself ever joining Swarm as a paid member either way. But if I ever did, I would much rather give money to help Iowa attract/retain a few star players with personalized marketing deals than give money to help provide a stipend to the fourth-string defensive end in exchange for reading books to school kids.
Anybody can give to Swarm, Inc. We would love your donation there. The only drawback is that your donation will not be tax deductible unless it is run through your business as a marketing expense.
I have confirmed with the corporate sponsor that they are okay using the “Proctor money” on a different player.
What Brent Blum posted over on CyFan in terms of what their collective has done and their goal for this year.
FYI to jump in here. Our budget for We Will for all sports this year was a little under $2 million (money spent July 1, 2023-June 30, 2024). Our goal for next year is more than double that to remain competitive and thanks to Cyclone Nation we are tracking to meet that goal. Where that puts us relative to our peers is hard to know but we are in a much more competitive place and I hope you all know we value your support. We can always use more.
FYI to jump in here. Our budget for We Will for all sports this year was a little under $2 million (money spent July 1, 2023-June 30, 2024). Our goal for next year is more than double that to remain competitive and thanks to Cyclone Nation we are tracking to meet that goal. Where that puts us relative to our peers is hard to know but we are in a much more competitive place and I hope you all know we value your support. We can always use more.
Here is the 58 minute Washed Up Walkon podcast from today, April 1.
Hit the PLAY button in the lower right.
Hit the PLAY button in the lower right.
Thanks for posting, @Franisdaman. Not sure how exciting or informative people will find this episode to be, but I guess it's something to listen to if you are out for a long walk.
This is the equivalent of having NFL fans pay player salaries instead of the team owners.
Schools should be paying the players for NIL, not the fans.
Schools should be paying the players for NIL, not the fans.
Revenue sharing is likely coming.... so these "student" athletes will be making even more money....
Wonder if Ted contributes? He's a billionaire Hawkeye fan.
https://lectures.uiowa.edu/lectures/ted-waite
Hey we mighta sucked and Kirk hit the exits early.
