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Brad paying out of pocket?

The fact that the NIL administrator has to pay players OUT OF HIS OWN POCKET says all that needs to be said about where the fanbase is in regards to Fran being the (lame duck) coach and where the program is as a result.

Batshit crazy (bad) that he doesn't have money trickling in from anywhere.
 
A coaching change is the biggest way to actually get NIL funds for basketball.

I don't blame anyone for holding off on giving to basketball NIL until we have a coach to do something with the talent
Max Greenfield Reaction GIF by CBS
 
That's crazy and this dude is a saint for Iowa. Build Brad a statue.





I have zero money to donate right now but if I did... I would.
Good for Brad, but why in the world would you advertise that? Other than making Brad look saint-like, what tangible good does this do? I appreciate the efforts to be transparent, but come on … you’ve got to be smarter than that.

Brad said on this very board a couple weeks ago that he never wanted to use guilt to try to get fans to donate to the Swarm. Well, that’s what comments like this do.
 
Good for Brad, but why in the world would you advertise that? Other than making Brad look saint-like, what tangible good does this do? I appreciate the efforts to be transparent, but come on … you’ve got to be smarter than that.

Brad said on this very board a couple weeks ago that he never wanted to use guilt to try to get fans to donate to the Swarm. Well, that’s what comments like this do.
Very much agreed.

"Why would I f'n go there when they have NO money to pay me!?"
 
I'm kind of torn with the NIL. It seems to me that they get a free education worth thousands and thousands of dollars. Free merch. Free food. They get to travel for free (this is especially true for football bowl games). I just think we have opened a pandora's box and once opened sanity has gone out the window.
You can be torn all you want, but the reality is that NIL is here to stay. If Iowa wants a relevant MBB team something has to change. Does a coaching change do that? Which coach makes you want to donate to the swarm? The Revenue sharing won't completely fix the MBB problem there will have to donations to the Swarm as well.
 
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You can be torn all you want, but the reality is that NIL is here to stay. If Iowa wants a relevant MBB team something has to change. Does a coaching change do that? Which coach makes you want to donate to the swarm? The Revenue sharing won't completely fix the MBB problem there will have to donations to the Swarm as well.
This NIL system is unsustainable. Wait and see.
 
This NIL system is unsustainable. Wait and see.
So obviously no complaints out of you for the product on the court? It may be unsustainable but itis here and Iowa needs to do something to fix the problem, until it goes away, which it won't, because the NCAA has no control over it at all.
 
Players shouldn't be paid. That's gross.
Why the hell not? They generate the money. Please explain why they shouldn't get any of it. Everybody else makes money off these kids, but the players themselves shouldn't get any of the money they generate? That's crazy.

When college sports didn't generate these huge amounts of cash, players weren't paid, coaches weren't paid much, and scholarships were treasured. But that ain't the world we live in now.

What's gross is having college athletes generate hundreds of millions of dollars in revenue for broadcast companies and related businesses, for coaches to get paid millions upon millions, but the athletes themselves to be happy with a scholarship. No, these kids aren't slaves, and thank goodness players like Jordan Bohannon stepped up and helped change things.

Wake up, my friend. Fair is fair. Players deserve to be paid. The problem right now is the system, not the concept. There are no rules, kinda like with the current criminal regime in DC. We need rules. We need laws. We need fairness. And we also need to pay college athletes their fair share of the money they generate. It's really not that hard to understand for anyone with a working brain.
 
So obviously no complaints out of you for the product on the court? It may be unsustainable but itis here and Iowa needs to do something to fix the problem, until it goes away, which it won't, because the NCAA has no control over it at all.
Iowa basketball, at least on the men's side, will always suck. It's a culture of recruiting slow white players from within the state. That shit won't change.
 
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Why the hell not? They generate the money. Please explain why they shouldn't get any of it. Everybody else makes money off these kids, but the players themselves shouldn't get any of the money they generate? That's crazy.

When college sports didn't generate these huge amounts of cash, players weren't paid, coaches weren't paid much, and scholarships were treasured. But that ain't the world we live in now.

What's gross is having college athletes generate hundreds of millions of dollars in revenue for broadcast companies and related businesses, for coaches to get paid millions upon millions, but the athletes themselves to be happy with a scholarship. No, these kids aren't slaves, and thank goodness players like Jordan Bohannon stepped up and helped change things.

Wake up, my friend. Fair is fair. Players deserve to be paid. The problem right now is the system, not the concept. There are no rules, kinda like with the current criminal regime in DC. We need rules. We need laws. We need fairness. And we also need to pay college athletes their fair share of the money they generate. It's really not that hard to understand for anyone with a working brain.
The issue in my mind isn't the payment of players but its current source. Why the hell should fans be expected to pay to watch the players and also fund said players while the schools/conferences get to reap all of the financial windfalls? I get this will partially be changing with revenue sharing but then athletic departments will be bitching about lost profits. So now ticket prices increase even more to "make up" that difference. Where did the TV money go before sharing? If everything goes down in flames so be it at this point. Greedy see you next Tuesdays in charge of everything.
 
They are getting paid through education costs. If they want NIL money go for it. But in doing so forfiet your academic money. One way or another but not both. The average cost of a four year education is somewhere between $153.000-$243,512. As an examle a Harvard education will cost you $226,200-$349,800. A four year education from Iowa is somewhere between $107,532.00 (in state) - $195,384 (out of state). Like i said, if you are getting paid through NIL you have to pay for your education, or at least part of it.
 
Why the hell not? They generate the money. Please explain why they shouldn't get any of it. Everybody else makes money off these kids, but the players themselves shouldn't get any of the money they generate? That's crazy.

When college sports didn't generate these huge amounts of cash, players weren't paid, coaches weren't paid much, and scholarships were treasured. But that ain't the world we live in now.

What's gross is having college athletes generate hundreds of millions of dollars in revenue for broadcast companies and related businesses, for coaches to get paid millions upon millions, but the athletes themselves to be happy with a scholarship. No, these kids aren't slaves, and thank goodness players like Jordan Bohannon stepped up and helped change things.

Wake up, my friend. Fair is fair. Players deserve to be paid. The problem right now is the system, not the concept. There are no rules, kinda like with the current criminal regime in DC. We need rules. We need laws. We need fairness. And we also need to pay college athletes their fair share of the money they generate. It's really not that hard to understand for anyone with a working brain.
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Iowa basketball, at least on the men's side, will always suck. It's a culture of recruiting slow white players from within the state. That shit won't change.
You honestly believe that won't change with a new coach? Have you looked at Fran's most recent class? I know one year is not a trend but you can't say only slow white players from Iowa. I get it with the current makeup of the roster.
 
I seldom watch Iowa MBB, but I watched the beginning and end of the Oregon game.
My thoughts...the first 10 minutes of the game bore no resemblance to the last 8 minutes regarding the players on the floor.
Is that typically the way it goes since Owen has been out?
The shots of Carver were depressing and so was the volume of cheering.
From a non rabid fan, it's pretty obvious a change in coaching is needed to bring some hope that things can improve.
Related to OP...it's impossible to see NIL funds growing with the current situation.
 
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Good for Brad, but why in the world would you advertise that? Other than making Brad look saint-like, what tangible good does this do? I appreciate the efforts to be transparent, but come on … you’ve got to be smarter than that.

Brad said on this very board a couple weeks ago that he never wanted to use guilt to try to get fans to donate to the Swarm. Well, that’s what comments like this do.
Agreed. Such a bad look.
 
The fact that the NIL administrator has to pay players OUT OF HIS OWN POCKET says all that needs to be said about where the fanbase is in regards to Fran being the (lame duck) coach and where the program is as a result.

Batshit crazy (bad) that he doesn't have money trickling in from anywhere.
This is more an indictment on our fanbase than on Fran IMO.

Shows that Fran has basically no financial resources to work with.

I agree that change is overdue. And I agree fran wasn’t pulling in great talent before NIL (partly because he wasn’t paying players under the table). But Brads comments show how the FANS have made this an unattractive position for coaches/players. Why would any decent coach want to come here if they are fourth fiddle and have no money to work with?

Yah yah yah - we don’t pay because we don’t like Fran. But lack of fan support only makes the program shittier. It is surely not helping us turn things around
 
This NIL system is unsustainable. Wait and see.

NIL will be based on sharing a percentage of revenue with players---so that is sustainable. What might not be sustainable is the high ratings college sports achieve that generate the money. I personally am turned off by NIL and the non-level playing field. I didn't bother to watch any of the college football playoffs and I might not watch NCAA tourney in basketball.

The supreme court removed restrictions on NIL/compensation and made it a free market. The only thing that can reverse that is legislation to go back to a system of student athletes or come up with a new system.

Getting Congress to doing anything at all seems unlikely until revenues
tank and there is no money being generated for Non-revenue sports and they start being gutted. We all need to adjust to NIL realities if we want to watch a non-losing product.

Getting rid of Fran would be good start as he doesn't exactly have cutting edge mentality and is absoluted dog crap marketer/fund raiser for NIL.
 
The fact that the NIL administrator has to pay players OUT OF HIS OWN POCKET says all that needs to be said about where the fanbase is in regards to Fran being the (lame duck) coach and where the program is as a result.

Batshit crazy (bad) that he doesn't have money trickling in from anywhere.

Brad Heinrichs is the unpaid CEO and founder of Iowa's one and only collective..

Imagine if Brad had not stepped up and created a collective? Would anyone have?

An example of how crazy this has all become: reports are that we are paying Mark Gronowski $1.3M for one season. Brad had to get donors lined up for that deal, obviously.

As Brad stated, he spends a ton of FREE time AND money running SWARM.
 
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They are getting paid through education costs. If they want NIL money go for it. But in doing so forfiet your academic money. One way or another but not both. The average cost of a four year education is somewhere between $153.000-$243,512. As an examle a Harvard education will cost you $226,200-$349,800. A four year education from Iowa is somewhere between $107,532.00 (in state) - $195,384 (out of state). Like i said, if you are getting paid through NIL you have to pay for your education, or at least part of it.
John Bacon did a study and written several books over the years on B1G football, Michigan and so on. These numbers are from 2018. Do you continue this craziness and cover 5-year players' costs at $800+ and NIL(pay to play)? Or do you cut back on what freebies the players get? Or how about the universities figure this out and put a cap on pay to play.

The department’s single biggest cost is tuition. Contrary to popular belief, the department does not get “free passes” for its scholarship athletes, but pays retail — no discounts — for every athlete. Fifty-seven of Michigan’s 85 scholarship players are out-of-state, and most of them go three semesters per year. In 2018-19 the athletic department will spend $26.3 million for athletic scholarships — its biggest operating cost —with $6.4 million going to football scholarships, or $74,294 per scholarship player.

Put those two numbers together, and Michigan spends $159,966 per scholarship player per year — or a few bucks shy of $800,000 for their five years on campus. If you included all the expenses devoted to athletes excluded above, you could probably get to $1 million per five-year out-of-state player pretty quickly.
 
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On July 23, 2022, Brad Heinrichs, the SWARM CEO, wrote this:

I’m...trying to help Iowa athletics...be successful, and I’m trying to help all viable charities...to also be successful.

Yes, I have put $100k in to this at the onset, and that number continues to climb and I’m not taking a penny out of it.

Bash me if you want….and if somebody else wants to step up in a huge way and take this on then let me know. Until then, Go effing Hawks!


 
its a freakin' mess, that's for sure.

but I doubt these players will be giving anything up, including that free tuition, free housing and free food 24 hrs/day, 7 days a week.
You are absolutely right. Once the genie is out, it's out. But given that society is increasingly dealing with austerity and perhaps a recession or depression, I'm curious to see how people who have lost their incomes or have taken pay cuts are going to show up for games on a consistent basis.
 
You are absolutely right. Once the genie is out, it's out. But given that society is increasingly dealing with austerity and perhaps a recession or depression, I'm curious to see how people who have lost their incomes or have taken pay cuts are going to show up for games on a consistent basis.
Thats exactly what will happen A couple rich folk that donate Millions of $ will expect a return , If that doesnt happen over a few years then they will pull there$ out and say no more. It probably will be sooner than later to be honest. The teams that win every year; Ohio State, Michigan etc. will probably do ok but the shoe will drop for non championship level teams!
 
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You are absolutely right. Once the genie is out, it's out. But given that society is increasingly dealing with austerity and perhaps a recession or depression, I'm curious to see how people who have lost their incomes or have taken pay cuts are going to show up for games on a consistent basis.

If I missed anything, someone surely let me know.

Players will be getting:

* NIL payments
* Revenue sharing
* Free tuition
* Free housing
* Free food 24/7
* Free training facility access
* Free physical therapy
* Free personal training
* Free coaching
* Free tutoring
 
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