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VTScoop

Joined: 12/16/2001 Posts: 912
Likes: 5819


Wanted to stay out of this fray, but a major correction here......NIL money


does not come from the same pot as scholarships, salaries, booster donations (to the school), and revenues from ticketing/media rights. That is all property of the school, or the school's Foundation. NIL money is not coming from the school itself. Not sure where this mindset is coming from exactly (not specifically picking on your statement). At no point is the school going to be monetarily involved with NIL dollars. Now, most schools are going to be developing NIL education/access to information, and pathways to handling NIL. But the dollars are not coming from the same spot. The operation of an entire athletic department cannot, all of the sudden, be redirected from operations, to cover some athletes NIL deals.....otherwise, there is not a properly functioning athletic department.

To add to this, the individual donor (considering their priority and access to seats/parking) is not going to be giving up donating to the school and getting official credit for said dollars. That eliminates their ability to get their seats and parking where they wish. And some of the scholarship dollars are restricted, from endowments, to go specifically to athletes in certain sports. That money, if not used for scholarships, cannot be re-allocated to another area (such as NIL).

(In response to this post by MVIII)

Posted: 03/22/2022 at 3:24PM



+9

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Current Thread:
  Its very much true in the current landscape... -- GCHokie34 03/22/2022 4:06PM
  If coach k has room for his grandson and -- GreenvilleVT 03/22/2022 5:51PM
  No, thats correct ** -- GCHokie34 03/22/2022 3:02PM
  Responses to you two main questions -- HokieAl 03/22/2022 2:11PM
  Just making a point -- GCHokie34 03/22/2022 3:55PM
  What’s going on overseas with hoops and Covid? -- GreenvilleVT 03/22/2022 5:49PM
  Cool. Makes sense. ** -- SCHokie1103 03/22/2022 4:12PM
  I dont know whether the sun will come up tomorrow... -- GCHokie34 03/22/2022 3:06PM
  A limit to what? Funds? -- GCHokie34 03/22/2022 3:52PM
  Semantics. It’s coming from the same source. And -- Colonel Jessup 03/22/2022 3:30PM
  For donor benefits I wasn’t suggesting -- Colonel Jessup 03/22/2022 4:30PM
  And a multi million $ coach. ** -- Femoyer Hokie 03/22/2022 5:01PM
  That would be the best thing to come from it... ** -- NokieHokie 03/22/2022 4:45PM
  Hope everything declines ** -- CrystalCoveHokie 03/22/2022 4:25PM
  But you are only looking at one scenario -- HokieAl 03/22/2022 2:52PM
  Im looking at all scenarios... -- GCHokie34 03/22/2022 3:04PM
  Hope you were not frustrated by this -- HokieAl 03/22/2022 3:23PM
  Not at all...I appreciate the discussion -- GCHokie34 03/22/2022 4:00PM
  Seriously? -- MVIII 03/22/2022 3:22PM
  Possible and plausible are two different things... -- GCHokie34 03/22/2022 3:56PM
  This is plausible, not possible. -- MVIII 03/22/2022 4:05PM
  Youre giving teams a discount to compete with you... -- GCHokie34 03/22/2022 4:14PM
  That doesnt make any sense ** -- GCHokie34 03/22/2022 5:34PM
  Roster size is 15, 13 can dress -- MVIII 03/22/2022 3:07PM
  Easy answer...thanks ** -- Hokie622 03/22/2022 3:13PM

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