[Treebound]

A few points as I was on campus for parents weekend:

1) I have heard from the leadership of Lifetime Cardinal that it is now a legit 501 3c
2) Other teams have had charter flights to the east coast, but it's rare.  That said, it saved the athletes significant time on multi game trips.  Baseball should be interesting given their schedule and their great start!
3) Andrew Luck and Sam are doing a fantastic job of getting the word out around fundraising.  With rosters and the accompanying scholarships growing for most sports, there is a ton of fundraising going on for endowed scholarships.   
4) Raising $13 -$18M for NIL is likely what is needed to compete in this new world
5) This whole thing likely winds up going towards a collective bargaining agreement - it's the wild west right now.

interesting data points, one observation and one question

- my SWAG at the cost of an endowed scholarship today is ~$1.6m (~$80K payout at 5%, but maybe in the new world order that can shrink and become what's paid on need based aid for the individual or maybe the average price for all students instead of a full price scholarship since the University says not many pay full price and based on typical family income levels and assets for those with family incomes <$100K and <$150K, many pay much less than full price).  

-is the $13m-$18m in NIL just for football?  Seems low for all sports, and $13m-$18m seems maybe ok at the high end for football based on what some others have reported as needed at other Universities (~$20m/year) to be competitive

82, I think that number is just for football...for now.  I would hope that with Duke giving $8M to their new quarterback, that our more well off alums can help get us to the $20M number you mention.   NIL is going to really tilt the football world (along with some other sports) to one of the haves and have nots.

[Treebound]

A few points as I was on campus for parents weekend:

1) I have heard from the leadership of Lifetime Cardinal that it is now a legit 501 3c
2) Other teams have had charter flights to the east coast, but it's rare.  That said, it saved the athletes significant time on multi game trips.  Baseball should be interesting given their schedule and their great start!
3) Andrew Luck and Sam are doing a fantastic job of getting the word out around fundraising.  With rosters and the accompanying scholarships growing for most sports, there is a ton of fundraising going on for endowed scholarships.   
4) Raising $13 -$18M for NIL is likely what is needed to compete in this new world
5) This whole thing likely winds up going towards a collective bargaining agreement - it's the wild west right now.

interesting data points, one observation and one question

- my SWAG at the cost of an endowed scholarship today is ~$1.6m (~$80K payout at 5%, but maybe in the new world order that can shrink and become what's paid on need based aid for the individual or maybe the average price for all students instead of a full price scholarship since the University says not many pay full price and based on typical family income levels and assets for those with family incomes <$100K and <$150K, many pay much less than full price).  

-is the $13m-$18m in NIL just for football?  Seems low for all sports, and $13m-$18m seems maybe ok at the high end for football based on what some others have reported as needed at other Universities (~$20m/year) to be competitive

82, I think that number is just for football...for now.  I would hope that with Duke giving $8M to their new quarterback, that our more well off alums can help get us to the $20M number you mention.   NIL is going to really tilt the football world (along with some other sports) to one of the haves and have nots.