There's a lot I didn't know about Iowa Wrestling; thank gawd for HR

[Franisdaman]

I knew of the Hawkeye Wrestling Club, but I didn't know it was its own separate entity and a non profit.

I thought all Iowa wrestlers were on full scholarship. I bet the casual Iowa wrestling fan like me does not know this. After all, look at all of the NCAA National Championships, and these kids are not on full rides? Now it sounds like each major recruit gets maybe 1/2 of a full ride? Just seems odd to me.

A healthy HWC will always be a great recruiting tool for Iowa wrestling because when a wrestler completes his NCAA eligibility, he can train at the HWC.

I am in the finance/accounting field so I wold be interested in seeing the HWC budget, but I assume that is not possible.

 

[eIAhawkeye]

Not sure if this is what you are looking for but since HWC is a non-profit entity, their tax returns are public information. Here is the link for their 2015 fiscal year.

http://990s.foundationcenter.org/990_pdf_archive/237/237302974/237302974_201505_990.pdf

 

[Novakht]

This is what we are up against-

http://990s.foundationcenter.org/990_pdf_archive/251/251408517/251408517_201512_990.pdf

 

[1stplacehawk]

This is what we are up against-

http://990s.foundationcenter.org/990_pdf_archive/251/251408517/251408517_201512_990.pdf

Based on their current year and prior year contributions, it looks as if somebody may have made a 5 million dollar donation.

 

[edquinn06]

WOW NLWC brings in 5-6 million and HWC brings in 500-600 thousand.

 

[1stplacehawk]

WOW NLWC brings in 5-6 million and HWC brings in 500-600 thousand.

They brought in less than us in 2015 but must have had a huge donation or two in 2014. They're certainly not bringing in 5-6 million a year

 

[JohnBasedow]

This is what we are up against-

http://990s.foundationcenter.org/990_pdf_archive/251/251408517/251408517_201512_990.pdf

Wow.

 

[edquinn06]

They brought in less than us in 2015 but must have had a huge donation or two in 2014. They're certainly not bringing in 5-6 million a year

I see. Still impressive.

 

[MVPFAN]

5 million buys a lot of back end scholarships.

 

[Herky96]

Well now we all know we've got catching up to do not only on the mat, but on our end as well. Time to break out the Check Book. National Championships aren't easy or cheap.

 

[Tony Hawk]

This is what we are up against-

http://990s.foundationcenter.org/990_pdf_archive/251/251408517/251408517_201512_990.pdf

Is no one else offended by the 8 year old hand writing of Mr. Hart for being the treasurer of this club... Alright Randy. Who wins the hand writing battle. NLWC or HWC

 

[Hawk170]

I knew of the Hawkeye Wrestling Club, but I didn't know it was its own separate entity and a non profit.

I thought all Iowa wrestlers were on full scholarship. I bet the casual Iowa wrestling fan like me does not know this. After all, look at all of the NCAA National Championships, and these kids are not on full rides? Now it sounds like each major recruit gets maybe 1/2 of a full ride? Just seems odd to me.

A healthy HWC will always be a great recruiting tool for Iowa wrestling because when a wrestler completes his NCAA eligibility, he can train at the HWC.

I am in the finance/accounting field so I wold be interested in seeing the HWC budget, but I assume that is not possible.

If I'd known how far behind we were I would have donated MUCH sooner. Everyone get the word out!

 

[andegre]

If I'd known how far behind we were I would have donated MUCH sooner. Everyone get the word out!

Same here, paint me in the "clueless" corner...

 

[hawki4ever]

This is what we are up against-

http://990s.foundationcenter.org/990_pdf_archive/251/251408517/251408517_201512_990.pdf

On page 10 line 6, who are the persons getting $313,000.00 in compensation as defined by the related code section? Coaches?

 

[Franisdaman]

Same here, paint me in the "clueless" corner...

honestly, i thought the Carver renovation/practice facility was to help BOTH iowa basketball and Iowa wrestling;

why didn't it?????

 

[Franisdaman]

On page 10 line 6, who are the persons getting $313,000.00 in compensation as defined by the related code section? Coaches?

this is why i think people need to be informed before they simply write a blank check

 

[bbwretler]

On page 10 line 6, who are the persons getting $313,000.00 in compensation as defined by the related code section? Coaches?

Pretty sure that would be the athletes.

 

[bbwretler]

honestly, i thought the Carver renovation/practice facility was to help BOTH iowa basketball and Iowa wrestling;

why didn't it?????

Because it was primarily a basketball driven program. Spearheaded by basketball people on the
Fund raising committee.

 

[WWDMHawkeye]

I knew of the Hawkeye Wrestling Club, but I didn't know it was its own separate entity and a non profit.

I thought all Iowa wrestlers were on full scholarship. I bet the casual Iowa wrestling fan like me does not know this. After all, look at all of the NCAA National Championships, and these kids are not on full rides? Now it sounds like each major recruit gets maybe 1/2 of a full ride? Just seems odd to me.

A healthy HWC will always be a great recruiting tool for Iowa wrestling because when a wrestler completes his NCAA eligibility, he can train at the HWC.

I am in the finance/accounting field so I wold be interested in seeing the HWC budget, but I assume that is not possible.

this is why i think people need to be informed before they simply write a blank check

Of course, it's always important to be informed before making any major financial decision. However, there's no doubt that the HWC needs a significant infusion of funds in order to function at or above the level of other major clubs. At some point, donors to the HWC need to have confidence that the club will put their donations to good use in an ethical and appropriate manner. There's certainly no evidence to the contrary, and it would be in the club's best interest to use its resources wisely, so there's really no incentive for fraudulent activity.

As for pay to specific individuals, that needs to be sorted out case by case and could be substantial in some instances, but ample pay will be necessary to attract world-class talent.

If we have potential financial supporters withholding donations due to skepticism about how resources are deployed, that would be unfortunate. Now is not the time for cynicism; it's a time for action.

By all means, if fans have questions, they should get them answered. But if anyone is skeptical, I hope he/she gets any questions answered to his/her satisfaction and jumps on board, assuming that those questions are answered satisfactorily, as I assume they would be.

 

[Novakht]

1. HWC athletes get a monthly stipend-- money to help them pay rent/bills etc--and still allow them to train and spend time with our collegiate team.This amount varies but is in the range of $2K-3K per athlete per month.

2. Age Group Competitions--costs the University doesn't pick this up. ( cost per student athlete)
a. Fila Jr Nationals $750
b. University Nationals $225
c. Fila Jr World Trials $225
d. University World Trials $250
e. Regionals $150

3.HWC athlete Competitions
a. NYAC $1000
b. Dave Schultz $750
c. US Open $1200
d. World Team Trials $1000
e. World Championships $1600
f.Pan Ams $1100
g. World Cup $1500
h. Olympics $2500

4. Athlete Training Travel
a. Developmental Training Camp $900
b.Pan Am training Camp $750
c.World Cup Camp $800
d. Worlds Training Camp $1100
e. Olympics training camp $1100

The above costs are examples of costs/fees that dont get covered somewhere else and falls on the club.. there are many,many more examples-- last chance tourneys, wrestling tourneys outside of above- we pay for boarding and local travel when foreign training partners come to train with our guys.

In addition--Tom/Terry have never taken a salary from HWC.

I haven't even discussed coaches much-- top level coaches in other clubs are making 100K- 200K per year.

Pretty sure I am missing many things and the above totals are all approx--just to give you an idea.

 

[pablow]

On page 10 line 6, who are the persons getting $313,000.00 in compensation as defined by the related code section? Coaches?

This is what caught my eye. NLWC paid $433,186 in salaries, compensation, and employee benefits in 2015. HWC in 2014 was $0.00 in that category. Could these be ill disguised deferred scholarships? It certainly is financial incentive to their athletes. Who's getting this money?

 

[IAChief32]

It's true though...you can watch wrestling all your life and not know the actual inner workings of the system because there is not a lot of info out there but so much good info on here.

 

[edquinn06]

Thought someone mentioned that the NLWC members are considered coaches and get $60,000 a year to train/coach.

 

[bbwretler]

This is what caught my eye. NLWC paid $433,186 in salaries, compensation, and employee benefits in 2015. HWC in 2014 was $0.00 in that category. Could these be ill disguised deferred scholarships? It certainly is financial incentive to their athletes. Who's getting this money?

It's not deferred scholarships, it's the payments made to the post graduate wrestlers on the HWC that enables them to compete. You may be thinking about a different program with deferred scholarships.

 

[Pennstate1985]

1. HWC athletes get a monthly stipend-- money to help them pay rent/bills etc--and still allow them to train and spend time with our collegiate team.This amount varies but is in the range of $2K-3K per athlete per month.

2. Age Group Competitions--costs the University doesn't pick this up. ( cost per student athlete)
a. Fila Jr Nationals $750
b. University Nationals $225
c. Fila Jr World Trials $225
d. University World Trials $250
e. Regionals $150

3.HWC athlete Competitions
a. NYAC $1000
b. Dave Schultz $750
c. US Open $1200
d. World Team Trials $1000
e. World Championships $1600
f.Pan Ams $1100
g. World Cup $1500
h. Olympics $2500

4. Athlete Training Travel
a. Developmental Training Camp $900
b.Pan Am training Camp $750
c.World Cup Camp $800
d. Worlds Training Camp $1100
e. Olympics training camp $1100

The above costs are examples of costs/fees that dont get covered somewhere else and falls on the club.. there are many,many more examples-- last chance tourneys, wrestling tourneys outside of above- we pay for boarding and local travel when foreign training partners come to train with our guys.

In addition--Tom/Terry have never taken a salary from HWC.

I haven't even discussed coaches much-- top level coaches in other clubs are making 100K- 200K per year.

Pretty sure I am missing many things and the above totals are all approx--just to give you an idea.

Great post. Two questions arise in my mind about your post. One, I would imagine a DT gets much more than $2-3k per month. Maybe $8-10k for world ranked guys. Two, I was under the impression that university paid coaches could not receive compensation from a RTC for reasons related to conflicts of interest and arms length transactions. We all know they have major say in how the RTC is run but cannot have a stipulated role or salary. True?

 

[Jackhawk87]

It's not deferred scholarships, it's the payments made to the post graduate wrestlers on the HWC that enables them to compete. You may be thinking about a different program with deferred scholarships.

Thought someone mentioned that the NLWC members are considered coaches and get $60,000 a year to train/coach.

Hadn't heard the $60K number, but if they are paying each member training there a significant amount as a "coach", this could be where the slush fund comes in to pay off the loans not covered by scholarships after graduation. They may be able to get a top 10 PFP wrestler to come for a 25% scholly if he knows he is going to get paid $60k per year to train (oops, I mean coach) in the NLWC after he graduates.

Just wild speculation though. I have no idea if this is true or not.

 

[Huck]

I assume there isn't a limit to how much you can pay a club athlete?
Here's who they have listed on their roster for the NLWC
NLWC Resident Athletes:

Jordan Conaway

Franklin Gomez

Mark McKnight

Nico Megaludis

Frank Molinaro

David Taylor

Jake Varner

U.S. Army WCAP Athletes

Matt Brown

Vlad Dombrovskiy

Victor Terrell

Seems if you have 5-6 million sitting in your budget, you feel pretty safe paying quite a bit more to your athletes to train/coach with your club. Can't blame kids for going to PSU if your getting a non-full ride full ride. Now we just have to build our HWC budget up there to compete and overtake them.

 

[hawki4ever]

It's not deferred scholarships, it's the payments made to the post graduate wrestlers on the HWC that enables them to compete. You may be thinking about a different program with deferred scholarships.

We are not talking about the HWC, this is from the NLWC.

 

[Mendoza77]

I assume there isn't a limit to how much you can pay a club athlete?

There would be no limit because the clubs are nonprofit organizations that are not connected to the universities and thus not subject to NCAA rules.

 

[Flying_Tiger]

The one catch is that you absolutely cannot guarantee to a recruit a paid position with a club after graduation. That is a clear NCAA violation. What's most likely occurring is that the guys are made aware of the opportunities after graduation if they have a successful college career. I imagine this is the loophole we have been hearing about. Not really sure how the NCAA can close it without dismantling the RTC system.

 

[bbwretler]

The one catch is that you absolutely cannot guarantee to a recruit a paid position with a club after graduation. That is a clear NCAA violation. What's most likely occurring is that the guys are made aware of the opportunities after graduation if they have a successful college career. I imagine this is the loophole we have been hearing about. Not really sure how the NCAA can close it without dismantling the RTC system.

Very true. Perhaps a cap on the amount that can be paid to a post graduate wrestler who continues with a club sponsored by and associated with a college with an NCAA wrestling program. Where they continue to practice and work out with collegiate wrestlers in the same venue.

 

[bbwretler]

It's not deferred scholarships, it's the payments made to the post graduate wrestlers on the HWC that enables them to compete. You may be thinking about a different program with deferred scholarships.

You are right. I miss read it. It most likely is the extra amount paid to PS post graduate wrestlers as they define it as assistant coaching salaries. HWC had none so ours would be zero. That is one area that possibly could be modified by the NCAA since everything is still being done on a college campus using college facilities and directly connected with collegiate wrestlers.

 

[Pennstate1985]

Since the RTC is not affiliated with the NCAA, and since the athlete would be post graduate, I believe the NCAA attempting to regulate such a thing would be illegal. You cannot tell someone where they can work and how much they can make when they are no longer under your jurisdiction.

 

[Flying_Tiger]

True, but they can make things more difficult by severing the relationship with the college team completely and making it a violation to even mention the club during the recruiting process. May not completely end the practice but could curtail it to some degree. Obviously as a PSU fan, I hope they don't mess with this at all. One of Cael's biggest accomplishments is what he has done with the NLWC and is one of the reasons he is doing so well recruiting.

 

[bbwretler]

Since the RTC is not affiliated with the NCAA, and since the athlete would be post graduate, I believe the NCAA attempting to regulate such a thing would be illegal. You cannot tell someone where they can work and how much they can make when they are no longer under your jurisdiction.

Think you are wrong as they are using college facilities and interacting with collegiate wrestlers. Just like the NCAA did a number of years ago when they limited that same participation between club and NCAA eligible wrestlers. Not saying they will but the NCAA has a history and they could eliminate RTC wrestlers training with collegiate wrestlers on a college campus entirely if the decided to.

 

[Pennstate1985]

Think you are wrong as they are using college facilities and interacting with collegiate wrestlers. Just like the NCAA did a number of years ago when they limited that same participation between club and NCAA eligible wrestlers. Not saying they will but the NCAA has a history and they could eliminate RTC wrestlers training with collegiate wrestlers on a college campus entirely if the decided to.

I agree with this post, but it isn't what you originally said. You stated that, "Perhaps a cap on the amount that can be paid to a post graduate wrestler who continues with a club sponsored by and associated with a college with an NCAA wrestling program. Where they continue to practice and work out with collegiate wrestlers in the same venue." That is where I disagreed. The NCAA can limit interaction between the RTC and the school, but they cannot set salary limits on a post grad wrestler and his RTC.

 

[Agoodnap]

With all of this talk about the HWC and how it supports the RTC for post graduate wrestlers and in conjunction talk about the NLWC I was wondering if Iowa had another club that supports the team? At PSU we have two clubs; the NLWC which supports the RTC and the Penn State Wrestling Club (PSWC) which supports the team. Many of you are familiar with the PSWC website which has nice coverage of tournament brackets. Each year the PSWC holds a banquet and presents a check to the Head Coach. This year over 750 people attended the banquet and the PSWC presented Cael with a check for ~$105,000. Does Iowa have such a club?

 

[Pennstate1985]

With all of this talk about the HWC and how it supports the RTC for post graduate wrestlers and in conjunction talk about the NLWC I was wondering if Iowa had another club that supports the team? At PSU we have two clubs; the NLWC which supports the RTC and the Penn State Wrestling Club (PSWC) which supports the team. Many of you are familiar with the PSWC website which has nice coverage of tournament brackets. Each year the PSWC holds a banquet and presents a check to the Head Coach. This year over 750 people attended the banquet and the PSWC presented Cael with a check for ~$105,000. Does Iowa have such a club.

What are the allowable uses of such a check from the PSWC or any similar organization? Does the NCAA have rules for this too?

 

[IAChief32]

With all of this talk about the HWC and how it supports the RTC for post graduate wrestlers and in conjunction talk about the NLWC I was wondering if Iowa had another club that supports the team? At PSU we have two clubs; the NLWC which supports the RTC and the Penn State Wrestling Club (PSWC) which supports the team. Many of you are familiar with the PSWC website which has nice coverage of tournament brackets. Each year the PSWC holds a banquet and presents a check to the Head Coach. This year over 750 people attended the banquet and the PSWC presented Cael with a check for ~$105,000. Does Iowa have such a club.

You're posting in it BTW, PSWC website is dope

 

[bbwretler]

I agree with this post, but it isn't what you originally said. You stated that, "Perhaps a cap on the amount that can be paid to a post graduate wrestler who continues with a club sponsored by and associated with a college with an NCAA wrestling program. Where they continue to practice and work out with collegiate wrestlers in the same venue." That is where I disagreed. The NCAA can limit interaction between the RTC and the school, but they cannot set salary limits on a post grad wrestler and his RTC.

And a cap could be imposed if the NCAA so desires. Just mandate that any post graduate wrestler receiving more than a $30,000 stipend would not be allowed to participate in that college's wrestling room or with the undergraduate wrestlers there. So that is what I said.