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Webmaster [∞]
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TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 7:18 AM
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National Champion [7497]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 7:26 AM
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Fingers crossed
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TigerNet Elite [74530]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 7:32 AM
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that point 3 on enforcement is interesting. I will believe it when I see it. It makes me think of this ankle monitor approach for criminals where no one does their job and they go out to do worse while monitored.
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All-In [10931]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 8:07 AM
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The judge has been working on the “language” of the deal to limit NIL without it impacting the athlete’s earning potential.
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Game Changer [1790]
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New NIL & Revenue Sharing
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Nov 26, 2024, 7:26 AM
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I’m on board.
Let’s GO!
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CU Medallion [18819]
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Thanks David !
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Nov 26, 2024, 7:27 AM
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Game Changer [1666]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 7:42 AM
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Wonder of we can buy back the ones we have lost so far this year?
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All-In [10931]
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Its a day late and a few dollars short.
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Nov 26, 2024, 7:46 AM
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Maybe we should have done this in 2020 instead of playing catch up?! I guess hemorrhaging blue chip commits opens blind eyes. Dabo is like Saul as the scales are lifted from his eyes. Go buy those players back!
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CU Medallion [18981]
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You and other blowhards are apparently oblivious to the fact that Dabo
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Nov 26, 2024, 8:23 AM
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and Clemson were pioneers in the NIL field when it first came into being in 2020 with the creation of an in-house media/branding lab, which has since expanded department wide for all sports and is a model program in the industry. With a fixed amount available considering we can't just #### money when it pleases you, Dabo has chosen to invest what's needed in keeping our developed talent here as opposed to blowing our wad on bidding wars for HS recruits or transfers. With barely a Top 25 overall program budget, Dabo continues to do more with less as he's done every year since he arrived. He could be the highest paid coach and still the best head coaching value in the game based on his consistent results.
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Ring of Honor [21945]
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Yeah, we are so much poorer than the likes of Georgia Tech and Duke football***
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Nov 26, 2024, 8:32 AM
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Tiger Titan [50583]
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Re: Yeah, we are so much poorer than the likes of Georgia Tech and Duke football***
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Nov 26, 2024, 9:30 AM
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Duke has more than $10 BILLION in endowments & GT has more than Clemson in endowments
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Ring of Honor [21945]
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endowments don't necessarily have anything to do with NIL
Nov 26, 2024, 10:53 AM
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HTH
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Orange Blooded [2179]
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Game Changer [1652]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 7:47 AM
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Thank you, David. This is the most in-depth article that I have seen on the financials of athletics at Clemson. Really appreciate the detail. It is very encouraging.
Go Tigers!
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Clemson Sports Icon [55482]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 7:49 AM
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Agree with 74tiger. Point 3 will be interesting because it's supposed to be enforcement now.
Also, will it be public knowledge on who's getting what? Hope it works because this is the new norm. I love the fact that soccer and baseball, other sports get more full schollys. Long overdue.
But does this "cap " mean an athlete cannot go out and make additional money from their nil?
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Tiger Cub [14]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 8:48 AM
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It is my understanding that Deloitte will be used as the company who will be monitoring it. A clearinghouse so to speak for all of College Football.
It has to be a true image and likeness. This is the last year NIL can just pay to play. Starting July 1 everything has to be above board since they are getting paid by schools.
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All-In [10929]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 7:53 AM
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Y'all remember when Collectives ended (not sure why), "110 Society" came out, and we all thought everything was about to change?
Part II coming up?
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Ring of Honor [21313]
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I believe it's because the changes really can't go into
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Nov 26, 2024, 8:39 AM
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effect until the rules are officially altered. Also I think we need to consider this, we're going to spend a boatload of NIL $$ on retaining guys this year. Just off the top of my head: Cade, Antonio, Wesco, Moore, Woods, Terrell, Woodaz, Shepherd, Parker, Tre Williams, Barnes, Sammy. I also believe Capehart returns with his draft status severely hurt by injuries, and he'll cost, as would guys like Leigh, Miller, Parks, Linthicum.
I think we use our money to retain the bulk of our roster this year, as all of those guys are tampering candidates. Question to me is, not this recruiting class, which we knew from the beginning would be small, but whether we finally pay the price for a few portal guys to push this roster into true contention next year? If there is any year for this to happen, this is the year.
If we retain all of our key guys, we are loaded going into next year, and 2-3 key transfers benefits us far more than 2-3 freshmen
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Ring of Honor [21945]
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Correct me if I'm wrong, but I believe Capehart has exhausted his eligibility***
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Nov 26, 2024, 8:50 AM
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Clemson Sports Icon [55482]
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Re: Correct me if I'm wrong, but I believe Capehart has exhausted his eligibility***
Nov 26, 2024, 9:32 AM
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I think he's gone. He's a redshirt senior. I thought 19 or 20 was our target class this year. At least that's what Dabo had listed for number of positions.
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Clemson Sports Icon [58057]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 7:58 AM
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Thanks David for the update. I still think paying college athletes is wrong, I’ll just have to roll with the punches from now on.
Go Tigers!!! Make bank!!!
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Campus Hero [13496]
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did they check with TNET about this, because the TNET facts have it completely
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Nov 26, 2024, 8:11 AM
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different. Just sayin'
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Ring of Honor [21945]
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Again, sounds like the same ole song and dance
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Nov 26, 2024, 8:20 AM
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110 Society was also said to "position Clemson for the future" and it's positioned us at 30th in recruiting.
Until Clemson or Dabo comes out and says "with your help and NIL donations we will aggressively recruit the portal and top HS talent" not very many normal donors or fans are going to waste and throw their money at the status quo when the program has yet to prove that they are willing to go out and get an impactful roster piece.
This is yet again just more fluff in my opinion. Not only do they not prove it with their actions, they won't even prove it with their words.
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Game Changer [1790]
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Re: Again, sounds like the same ole song and dance
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Nov 26, 2024, 8:30 AM
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Fortunately, you are wrong. I’m sorry to say it that way, but with 105 man roster limit, we have to go into the portal. Absolutely must. And we will. Decisions have been made. We are going to use the portal.
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Ring of Honor [21945]
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Oh, sure now. And so is everyone else in the country.
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Nov 26, 2024, 8:33 AM
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We don't need to go into the portal for NEW scholarship spots. We needed to go in for the holes we already had!
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Freshman [5]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 8:31 AM
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Clemson is capable of adapting to these changes. Sure it’s taken some time in the eyes of fans, but I have no doubts that the Clemson way will prevail. Also, will wash cars and donate all profits to 110, hmu.
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Game Changer [1790]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 8:31 AM
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In other news, we will flip some kids in the next 9 days.
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National Champion [7377]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 8:38 AM
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THIS needs to happen but it is an uphill battle at this late date.
If not, we have to be big players in the early portal period.
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Ring of Honor [22041]
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The revenue sharing is huge.
Nov 26, 2024, 9:20 AM
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Annual NIL fundraising may not be sustainable if the return on investment isn't felt. Are you going to have a $6 million match gift every year? Not likely. It will be interesting to see if IPTAY's "goals" will shrink to allow head way to shift dollars to the 110 society.
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Letterman [199]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
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Nov 26, 2024, 9:32 AM
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I guess I missed the zoom call notification. I will have to go back and scan through my IPTAY emails. I noticed it was not in the latest Orange Update email yesterday. Anyway..
This press release did not really tell me anything new. It did make me more concerned that we are adding another level of bureaucracy "front office" to the football program. So I am guessing that is a VP level/ salary position plus 2 staff positions/ assistants and another administrative secretary. So probably another $750k in salary not counting benefits etc., and probably another 500k in operating budget. So likely 1.5 million to administer revenue that was already accounted for in the program to begin with (20 million in revenue sharing is not "new" money). Hopefully some folks inside the department are going to be retasked or rebranded. But I doubt it.
But the elephant to me in the room is the 20 million. Having the "collective money" now count toward IPTAY, is just a green light to raise the seat equity level. Season ticket prices are also going up.
So my prediction is that we will not hear anything until after this weekend's results. If Clemson wins, and Syracuse beats Miami, they may take advantage of that positive news to roll out a more aggressive price increase (I estimate Seat Equity is going up 15%). If we lose, I bet the announcement is delayed and we find out 2 weeks later that they are going to raise it by 8%, annually for the next 3 years. Because they want to be mindful of inflation and hard economic times.
College sports is the craziest business I have ever seen. If you can get on a major program and have marginal success, the pay and perks are phenomenal.
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CU Medallion [19658]
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Clemson is working toward getting the approach right
Nov 26, 2024, 9:33 AM
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But boosters, fans, players and recruits need to see Coach Swinney, the AD and the BOT on board with competing through NIL and the portal. This has not been the case to date. Winners invest in winners. And winners use all the available tools in the tool box to improve the product and win. Go Tigers!
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Paw Master [17864]
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yep just spitballing here
Nov 26, 2024, 11:04 AM
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say someone had one billion to donate. why would they unless they see the funds going towards top players in recruiting and the portal
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Orange Blooded [2153]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
Nov 26, 2024, 9:34 AM
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Thanks David. Great article and very informative
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Head Coach [974]
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I truly think that we need to just have a cap on all positions
Nov 26, 2024, 9:37 AM
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Make it where these kids can earn good money but all QBs get up to $X, all WRs get up to $X, all OL get up to $X, all DL get up to $X and so on. Then have the schools set a "bonus"pay" if they reach a certain target throughout the yr or reach the CFP or win a bowl game. Give incentives just like the coaches get. These $10M checks for a high school QB who has never stepped foot on a CFB field suited up is ridiculous and not sustainable for anyone. I'm glad Clemson is trying to compete but it's just not ever gonna be able to hang with USC, UGA, Bama, OSU, Mich, Miami, ect in terms of money not to mention all these smaller schools.
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Ring of Honor [22040]
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Excellent article. I think the biggest divide on TNET has been these issues.
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Nov 26, 2024, 10:17 AM
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I think these changes are necessary to compete at the highest level AND be committed to having a top educational experience.
I never felt like they had to be mutually exclusive. I mean you have NFL pros coming back to finish their degrees. It's a smart thing to make your money AND get a quality education.
I think this is what will ultimately separate Clemson from the pack when the dust settles on this new era of college (pro w/ college) football.
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Dynasty Maker [3115]
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So, the NFL.
Nov 26, 2024, 10:39 AM
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1. Paid athletes, not student athletes.
2. Revenue sharing defined by a set of agreed upon standards, not actual performance.
3. A player's association with collective bargaining and enforcement power. Because it's the players who stand to lose when NIL is abused, not the schools (or brands -- what do we even call these teams anymore?)
Ok. If those are the rules, then I'd say Clemson is in a good position, given Clemson's ability to generate quite a bit of local revenue, and the value of the Clemson brand, which translates into a robust merchandising/licensing rev stream.
Not to mention, Clemson's principled stance on the portal and NIL which, at the core, is geared to serve the players and their families, not the greed/avarice/win-at-all-costs mindsets of a few well-heeled donors and bandwagon fans.
And many of y'all think Dabo Swinney isn't worth his salary?
Stand back and watch.
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Campus Hero [13395]
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Point 3 is the key to the future of Clemson football and the sport in general.
Nov 26, 2024, 10:51 AM
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Because if it isn't implemented and strongly enforced, this "cap" on the revenue sharing is meaningless.
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Paw Warrior [4833]
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A day late and a dollar short.***
Nov 26, 2024, 12:12 PM
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Standout [244]
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Re: TNET: Clemson embraces new NIL, revenue landscape but the upcoming months are critical
Nov 26, 2024, 12:34 PM
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So can the schools raise the $20.5 million by “selling” their name, image, and likeness? Could Michelin or Millikan cough up some money and get to use Clemson images as they see fit? I’m not suggesting we rename Memorial Stadium, but just allow a business sponsor to associate themselves with Clemson football for a fee.
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All-Pro [768]
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1 little nugget in there that is a very important one
Nov 26, 2024, 1:16 PM
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110 society dollars go to iptay prioirity points. I am all for a free market society but there are very few individuals who can compete with corporate donors. The days of regular people being able to afford to go to all home games are coming to an end. It was inevitable I guess.
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110%er [3640]
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Re: 1 little nugget in there that is a very important one
Nov 26, 2024, 1:43 PM
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Isn’t IPTAY priority points pretty minor compared to the actual giving levels? This sounds like a fringe benefit type deal because IPTAY still can’t take the donations and redirect to the collective. That’s the real game changer that’s needed to generate a consistent $12-15M annually of 3rd party NIL above and beyond the revenue share dollars allocated to football. All revenue sharing is creating is a new floor for player compensation. The blue bloods are still going to collect massive amounts from their boosters to flip HS recruits and bid up transfers in the portal.
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All-Pro [768]
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for now it is , this will be the first salvo in eventually moving the iptay
Nov 26, 2024, 3:36 PM
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model to NIL....the giving levels will drastically change
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Replies: 41
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