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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

This is kind of what I’ve been saying. As a parent of two young adults with significant college debt, it’s absurd to me to think that I should have to donate money so that other college kids — who are already going to college for free — can have a higher standard of living than I do.

Besides that, we’ve learned today that the money “normal” fans donate is simply used to provide the standard ration that all players get for doing their public service work. It’s not being used to reel in top-level recruits.

The lack of understanding of how NIL works stuns me.

It’s been explained numerous times.

There are two “sides” to the Swarm. One side collects money to be used for the benefit of various University of Iowa athletic programs. That side takes collections from “normal” (your word) fans and uses that money to provide compensation to athletes for charitable work, appearance fees, autograph sessions, etc. They must “do something to get something.”

The other side to Swarm involves corporate compensation to players for endorsement work. The Swarm partners with, say, Company X to set up a deal with Player Y for that player to promote Company X’s products. The player - with the assistance of Swarm - independently contracts for some type of compensable work.

Did you really think that fans’ contributions to Swarm were used to fill a bag of money to give to recruits in an effort to convince them to sign a Letter of Intent? That’s the epitome of “pay for play.”

Hate the current environment? I’m right there with you.

Decry the notion that athletes who receive full tuition, room, great meal plans, tudors, access to top rec facilities, aren’t “compensated?” I’m right there with you.

That written, the Swarm has been created to benefit U of Iowa sports and to help U of Iowa sports compete in this new era. Of course people can make personal decisions about whether to contribute their money to Swarm and will bring a wide variety of personal beliefs into the decision making process. But it makes no sense to me to be critical of @Tx_Hawk for his efforts to “do it right” and help U of Iowa compete in this new environment.
 
Proctor last night, on March 19:

GJEg3VGXMAAOI9l
Connecting himself to Michael Jordan in any manner is the definition of unintentional comedy.
 
The lack of understanding of how NIL works stuns me.

It’s been explained numerous times.

There are two “sides” to the Swarm. One side collects money to be used for the benefit of various University of Iowa athletic programs. That side takes collections from “normal” (your word) fans and uses that money to provide compensation to athletes for charitable work, appearance fees, autograph sessions, etc. They must “do something to get something.”

The other side to Swarm involves corporate compensation to players for endorsement work. The Swarm partners with, say, Company X to set up a deal with Player Y for that player to promote Company X’s products. The player - with the assistance of Swarm - independently contracts for some type of compensable work.

Did you really think that fans’ contributions to Swarm were used to fill a bag of money to give to recruits in an effort to convince them to sign a Letter of Intent? That’s the epitome of “pay for play.”

Hate the current environment? I’m right there with you.

Decry the notion that athletes who receive full tuition, room, great meal plans, tudors, access to top rec facilities, aren’t “compensated?” I’m right there with you.

That written, the Swarm has been created to benefit U of Iowa sports and to help U of Iowa sports compete in this new era. Of course people can make personal decisions about whether to contribute their money to Swarm and will bring a wide variety of personal beliefs into the decision making process. But it makes no sense to me to be critical of @Tx_Hawk for his efforts to “do it right” and help U of Iowa compete in this new environment.
Is Swarm independently audited ?
 
This is kind of what I’ve been saying. As a parent of two young adults with significant college debt, it’s absurd to me to think that I should have to donate money so that other college kids — who are already going to college for free — can have a higher standard of living than I do.

Besides that, we’ve learned today that the money “normal” fans donate is simply used to provide the standard ration that all players get for doing their public service work. It’s not being used to reel in top-level recruits.
I don’t believe that this is true at all. The size of the warchest is important to kids in the portal and coming out of HS.
 
Unfortunately since these are private contracts with confidentiality clauses, I’m unable to disclose this. I’m not trying to be evasive…just abiding by the contracts.
can you answer if, he got 15% or did he get the total amount offered from the Corp?
 
Unfortunately since these are private contracts with confidentiality clauses, I’m unable to disclose this. I’m not trying to be evasive…just abiding by the contracts.
We must respect that. Corporate donors are big boys, they understand risk and the need to extend themselves when they deem appropriate, but without absolute guarantees.

You're trying to play ball in a game that has no rules. No one wants that. And you're not getting any help from the courts. You can only keep your integrity and do the right thing.

Frankly, I'd like to see any money go to guys who have signed up at Iowa from the jump. Transfer portal guys who are snooping around for money can get theirs after they met some commitment to stay; leave if you want, but you get no money. It's held in a trust until you've put in your time. We may lose some because of that, but that's a signal. No one is bigger than the program.
 
I am in this group. Tippie grad out of state. I don’t recall receiving any marketing from Swarm.....
It’s simply a ridiculous concept when much more impactful funds need help more. I have a feeling it’s ridiculous to *most* high earning alumni but obviously can’t prove that
I guess we will disagree. I'm not going to flaunt my credentials on a forum. I don't think it is 'ridiculous' to contribute if you have the financial means and have a continued interest in Iowa football succeeding.

If you are opposing on principle (or just don't really care that much) fine...but you _are posting on an iowa football message board after all, and indirectly discouraging people to donate.
At this point, it appears other schools seem to better understand the need for alumni funds to field competitive teams moving fwd.
 
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He probably did this to get a big raise out of bama's nil. Just like when a coach let's it be known he went on an interview and the AD opens up the schools check book.

I love how he wears that cross necklace, too. one of the 10 commandments, of course, is "thou shall not steal...."

Proctor and his family are something else.
 
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I am in this group. Tippie grad out of state. I don’t recall receiving any marketing from Swarm, but I highly doubt the school is allowed to share my contact info with them. My wife and I donate to Tippie and a couple UIHC-related funds annually. I’m not kidding when I say, Brad could show up on my doorstep, get down on his knees and beg, and we would not donate to Swarm.

It’s simply a ridiculous concept when much more impactful funds need help more. I have a feeling it’s ridiculous to *most* high earning alumni but obviously can’t prove that.

hopefully this changes with Beth in charge
 
It’s simply a ridiculous concept when much more impactful funds need help more. I have a feeling it’s ridiculous to *most* high earning alumni but obviously can’t prove that.

Ridiculous or not . . . it is the current environment of "big time" college athletics.
 
I am in this group. Tippie grad out of state. I don’t recall receiving any marketing from Swarm, but I highly doubt the school is allowed to share my contact info with them. My wife and I donate to Tippie and a couple UIHC-related funds annually. I’m not kidding when I say, Brad could show up on my doorstep, get down on his knees and beg, and we would not donate to Swarm.

It’s simply a ridiculous concept when much more impactful funds need help more. I have a feeling it’s ridiculous to *most* high earning alumni but obviously can’t prove that.
So, what you're saying is " you don't care about the product on the field or the court".

That is your choice, but you hardly speak for the majority of high earning alumni.
 
"To present the data on estimated funding available from NIL Collectives we rely on data from multiple sources as well as certain assumptions regarding the data. Unlike public Universities, virtually all NIL Collectives are privately controlled and have no obligation to publicly report information such as their annual fundraising or how funds are spent. Additionally, most NIL collectives are very protective of their funding.
Accordingly, our estimates are not what specific collectives receive in contributions. Instead, we are providing what we believe to be a reasonable estimate of funding a collective(s) supporting the school might be expected to generate in funding, given the school’s historic level of support from boosters."

Big Ten Conference Schools 2023-24:​

School2023
Conf
2024
Conf
Collective
Funding *
Total
Support
Ticket SalesContributions
IllinoisBig TenBig Ten$ 9,311,667 56,656,994 15,693,517 40,963,477
IndianaBig TenBig Ten$ 13,631,160 82,939,020 21,278,997 61,660,023
IowaBig TenBig Ten$ 9,698,730 59,012,087 26,416,829 32,595,258
MarylandBig TenBig Ten$ 3,735,112 22,726,352 12,735,792 9,990,560
MichiganBig TenBig Ten$ 16,357,054 99,524,766 55,266,135 44,258,631
Michigan StateBig TenBig Ten$ 13,035,471 79,314,544 25,178,673 54,135,871
MinnesotaBig TenBig Ten$ 7,171,424 43,634,648 19,252,536 24,382,112
NebraskaBig TenBig Ten$ 7,973,918 48,517,435 38,946,701 9,570,734
NorthwesternBig TenBig Tenn/an/an/an/a
Ohio StateBig TenBig Ten$ 20,253,400 123,232,149 59,649,921 63,582,228
Penn StateBig TenBig Ten$ 13,793,489 83,926,716 44,678,657 39,248,059
PurdueBig TenBig Ten$ 5,510,579 33,529,207 16,617,614 16,911,593
RutgersBig TenBig Ten$ 3,624,816 22,055,252 13,049,333 9,005,919
WisconsinBig TenBig Ten$ 8,982,406 54,653,602 38,117,093 16,536,509
OregonPac-12Big Ten$ 10,623,807 64,640,729 24,357,945 40,282,784
Southern CalPac-12Big Tenn/an/an/an/a
UCLAPac-12Big Ten$ 5,919,423 36,016,831 17,494,361 18,522,470
WashingtonPac-12Big Ten$ 9,406,794 57,235,798 29,198,790 28,037,008

SEC Conference Schools 2023-24:​


School
2023
Conf
2024
Conf
Collective
Funding *
Total
Support
Ticket SalesContributions
AlabamaSECSEC$ 15,995,406 97,324,316 44,211,016 53,113,300
ArkansasSECSEC$ 11,544,039 70,239,900 48,073,959 22,165,941
AuburnSECSEC$ 11,588,953 70,513,179 34,140,396 36,372,783
FloridaSECSEC$ 15,802,237 96,148,974 34,784,702 61,364,272
GeorgiaSECSEC$ 18,326,566 111,508,298 37,192,353 74,315,945
KentuckySECSEC$ 11,254,204 68,476,390 40,538,111 27,938,279
Louisiana StateSECSEC$ 20,137,141 122,524,769 46,594,942 75,929,827
MississippiSECSEC$ 8,872,378 53,984,130 19,574,652 34,409,478
Mississippi StateSECSEC$ 6,467,166 39,349,578 16,737,350 22,612,228
MissouriSECSEC$ 7,146,859 43,485,183 13,929,479 29,555,704
South CarolinaSECSEC$ 9,554,700 58,135,731 24,301,862 33,833,869
TennesseeSECSEC$ 11,602,164 70,593,563 35,110,289 35,483,274
Texas A & MSECSEC$ 17,228,714 104,828,397 50,624,287 54,204,110
VanderbiltSECSECn/an/an/an/a
OklahomaBig 12SEC$ 14,817,595 90,157,905 46,977,771 43,180,134
TexasBig 12SEC$ 22,272,474 135,517,239 57,543,166 77,974,073

SOURCE: https://nil-ncaa.com/

In this model, it appears they are estimating that a school's projected NIL collective funding should (on average) be 16.4% of TOTAL HISTORIC SUPPORT (ticket sales plus contributions). So basically whether a school's historic collections come more from ticket sale income or contributions, it doesn't effect their NIL collective estimation.
They also do not differentiate corporate vs individual donor contributions in their analysis. So, if these projections are remotely accurate, it at least gives a ballpark for what might be considered a reasonable NIL operation annually at this time for a given school.
 
"To present the data on estimated funding available from NIL Collectives we rely on data from multiple sources as well as certain assumptions regarding the data. Unlike public Universities, virtually all NIL Collectives are privately controlled and have no obligation to publicly report information such as their annual fundraising or how funds are spent. Additionally, most NIL collectives are very protective of their funding.
Accordingly, our estimates are not what specific collectives receive in contributions. Instead, we are providing what we believe to be a reasonable estimate of funding a collective(s) supporting the school might be expected to generate in funding, given the school’s historic level of support from boosters."

Big Ten Conference Schools 2023-24:​

School2023
Conf
2024
Conf
Collective
Funding *
Total
Support
Ticket SalesContributions
IllinoisBig TenBig Ten$ 9,311,667 56,656,994 15,693,517 40,963,477
IndianaBig TenBig Ten$ 13,631,160 82,939,020 21,278,997 61,660,023
IowaBig TenBig Ten$ 9,698,730 59,012,087 26,416,829 32,595,258
MarylandBig TenBig Ten$ 3,735,112 22,726,352 12,735,792 9,990,560
MichiganBig TenBig Ten$ 16,357,054 99,524,766 55,266,135 44,258,631
Michigan StateBig TenBig Ten$ 13,035,471 79,314,544 25,178,673 54,135,871
MinnesotaBig TenBig Ten$ 7,171,424 43,634,648 19,252,536 24,382,112
NebraskaBig TenBig Ten$ 7,973,918 48,517,435 38,946,701 9,570,734
NorthwesternBig TenBig Tenn/an/an/an/a
Ohio StateBig TenBig Ten$ 20,253,400 123,232,149 59,649,921 63,582,228
Penn StateBig TenBig Ten$ 13,793,489 83,926,716 44,678,657 39,248,059
PurdueBig TenBig Ten$ 5,510,579 33,529,207 16,617,614 16,911,593
RutgersBig TenBig Ten$ 3,624,816 22,055,252 13,049,333 9,005,919
WisconsinBig TenBig Ten$ 8,982,406 54,653,602 38,117,093 16,536,509
OregonPac-12Big Ten$ 10,623,807 64,640,729 24,357,945 40,282,784
Southern CalPac-12Big Tenn/an/an/an/a
UCLAPac-12Big Ten$ 5,919,423 36,016,831 17,494,361 18,522,470
WashingtonPac-12Big Ten$ 9,406,794 57,235,798 29,198,790 28,037,008

SEC Conference Schools 2023-24:​


School
2023
Conf
2024
Conf
Collective
Funding *
Total
Support
Ticket SalesContributions
AlabamaSECSEC$ 15,995,406 97,324,316 44,211,016 53,113,300
ArkansasSECSEC$ 11,544,039 70,239,900 48,073,959 22,165,941
AuburnSECSEC$ 11,588,953 70,513,179 34,140,396 36,372,783
FloridaSECSEC$ 15,802,237 96,148,974 34,784,702 61,364,272
GeorgiaSECSEC$ 18,326,566 111,508,298 37,192,353 74,315,945
KentuckySECSEC$ 11,254,204 68,476,390 40,538,111 27,938,279
Louisiana StateSECSEC$ 20,137,141 122,524,769 46,594,942 75,929,827
MississippiSECSEC$ 8,872,378 53,984,130 19,574,652 34,409,478
Mississippi StateSECSEC$ 6,467,166 39,349,578 16,737,350 22,612,228
MissouriSECSEC$ 7,146,859 43,485,183 13,929,479 29,555,704
South CarolinaSECSEC$ 9,554,700 58,135,731 24,301,862 33,833,869
TennesseeSECSEC$ 11,602,164 70,593,563 35,110,289 35,483,274
Texas A & MSECSEC$ 17,228,714 104,828,397 50,624,287 54,204,110
VanderbiltSECSECn/an/an/an/a
OklahomaBig 12SEC$ 14,817,595 90,157,905 46,977,771 43,180,134
TexasBig 12SEC$ 22,272,474 135,517,239 57,543,166 77,974,073

SOURCE: https://nil-ncaa.com/

In this model, it appears they are estimating that a school's projected NIL collective funding should (on average) be 16.4% of TOTAL HISTORIC SUPPORT (ticket sales plus contributions). So basically whether a school's historic collections come more from ticket sale income or contributions, it doesn't effect their NIL collective estimation.
They also do not differentiate corporate vs individual donor contributions in their analysis. So, if these projections are remotely accurate, it at least gives a ballpark for what might be considered a reasonable NIL operation annually at this time for a given school.
Illinois a little shocking.
 
Connecting himself to Michael Jordan in any manner is the definition of unintentional comedy.
Speaks volumes he post something like that. As for other post about class. From a pretty reliable source doesn’t sound like his attendance was that great. Obviously not why he left but I’m thinking he was use to not having to attend.
 
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