There’s a report/rumor going around that Carolina has only 6 to 8 million to spend on their roster. If that’s true,we’re a complete joke. We’re running a clown show in Chapel Hill. What an absolute disgrace this program has become. Last year did absolutely nothing to wake this program up. I just shake my head at what we’ve let this program become.
NIL $$$$
- Thread starter CarolinaMagic
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Source….Teams are not spending 15 to 20 million on building basketball teams man…That is a lie….Hell only a few Football Programs are spending that type of money…
6 to 8 million is plenty….
6 to 8 million is plenty….
Sounds right because Football is doing 20 and that what Ohio State was around
So if we are sniffing 8 for basketball then that’s not bad
So if we are sniffing 8 for basketball then that’s not bad
Unless you have a source, we can't really have a conversation on this.
I will just leave it be......
Crazy how nobody tells how much a good college basketball team cost these days. People always say, we are guessing to high. Then you hear reports AJ from BYU got 7 million. Reports Flagg got 5 million. If thos reports are true, then I am guessing the entire squad for Duke had to run 12-15 million.
Again NOBODY tells how much an entire team cost. Sounds worse than when we knew guys were getting paid under the table.
Again NOBODY tells how much an entire team cost. Sounds worse than when we knew guys were getting paid under the table.
Tbh $8 million for UNC basketball is plenty (in the current landscape)
Even the “big spenders” are around $10 mil for their roster
Even the “big spenders” are around $10 mil for their roster
IF we we're paying premium for studs in the portal for all five starting spots, (which of course we are not) you could still have a million left for the rest of the team. There is plenty of confusion whether this money includes the team NIL money that is distributed at the discretion of the coaches.
PG - 1.5M
SG - 1 M
SF - 1 M
PF - 1.5M
C - 2 M
I have no idea how much these guys are being paid, nor how it is structured, but it feels like 8 million is plenty to field a quality college basketball team.
PG - 1.5M
SG - 1 M
SF - 1 M
PF - 1.5M
C - 2 M
I have no idea how much these guys are being paid, nor how it is structured, but it feels like 8 million is plenty to field a quality college basketball team.
Write a check for a few million dollars and help with the situation.
Well this whole nil portal transfer situation just turns me off...I am old school and nothing about this makes me feel good about college bball...glad I got to experience the old days..now just fond memories
Lets wait and see when Rev Share kicks in, some of those big spenders will no longer to keep up with what we can spend.
I thought it would get worse for UNC since the ACC media contract pales compared to what sec and b10 have.
My understanding is some conferences set the distribution % to an individual sport where as the ACC allows the individual schools to set that %. I am not completely sure but there was discussion that the ACC was looking to go to an unequal rev share model to try to keep UNC/Clemson/FSU in the ACC fold so that could as well be a factor. While you know for example SEC teams are going to spend good deal more on a per team basis to protect their cash cow football programs that means their spending on basketball will no longer be infinite, expect teams like Bama and Auburn to take a hit when it comes to basketball NIL while basketball NIL is more likely to increase for ACC programs that have been some what behind. Boiled down, for example, in the SEC Bama NIL will spend on football the same as Ky, Ky will spend on basketball the same as Vandy. But UNC can spend more on basketball for example than BC because the school sets the % rather than the conference setting it and some ACC schools I think will get more than others.
Last season we made a critical mistake in that we held out for some guys (big men) and the 1 guy we really were ready to go hard for never entered the portal, another entered and quickly pulled back out. The wait allowed other guys that would have really helped our area of need to go else where, her who hesitates is lost kind of thing. But with the GM now in place they are not going to wait as long, in other words they wil go hard after a Wolf rather than wait on another guy, in this class maybe go hard for Vesser rather than wait for another guy to maybe enter. And we are simply looking hard at more guys now than Hubert was able to last portal and they are being harder vetted for interest/fit/$$$ than Hubert was able to on his own.
Keep in mind, this GM and his staff got a late start on things to other programs that already had their GM and staff in place that already had a lot of vetting done, we started basically from scratch. The portal closes for a period in less than a week, we can get some catch up when it closes and the rev share aspect will come in to play when it next opens. This is my understanding on how this works, not 100% sure so don't take this as absolute fact but this is how I understand it to work.
Interesting read. I can't link directly to the WSJ site unless you're a subscriber. The article is titled "The Dark Money Behind Duke Basketball." I read it through the MSN news aggregator.
Well, unless you're dook. I've heard figures approaching twice that from pretty good sources.
Of course, it helps when you already have a RICO-level financial operation set up for decades.
These are the people that has been buying players for dook even before NIL….dook had a head start on everyone…
Dook spent 20 million on their whole program a couple of years ago, but that, I think, includes everything. Here is a good article on the new "rules" going into effect soon as long as a Fed judge says OK.
Power schools will outsource enforcing NIL payments to athletes
Skeptics say cash to players for commercial endorsements often far exceeds the service's actual value.
Again, that's not what I'm referring to.Dook spent 20 million on their whole program a couple of years ago, but that, I think, includes everything. Here is a good article on the new "rules" going into effect soon as long as a Fed judge says OK.
Power schools will outsource enforcing NIL payments to athletes
Skeptics say cash to players for commercial endorsements often far exceeds the service's actual value.www.espn.com
dook has been spending under the table for decades from back when it was illegal, and from what i've heard, those recent NIL figures are substantially understated.
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