Oregon reported to have “unlimited” NIL backing from Knight

[18IsTheMan]

However much they had before, Knight is removing all restraint. He’s 86 and pulling out all the stops to win a title.

Nike Founder Phil Knight Providing Alma Mater With ‘Unlimited’ NIL Funding in Hopes of Winning College Football Championship

Nike co-founder Phil Knight is reportedly willing to exhaust his vast resources to ensure the Oregon Ducks football team wins a national championship.

www.mediaite.com

 

[Gamecock Jacque]

However much they had before, Knight is removing all restraint. He’s 86 and pulling out all the stops to win a title.

Nike Founder Phil Knight Providing Alma Mater With ‘Unlimited’ NIL Funding in Hopes of Winning College Football Championship

Nike co-founder Phil Knight is reportedly willing to exhaust his vast resources to ensure the Oregon Ducks football team wins a national championship.

www.mediaite.com

I bet his immediate family are just wild about it.

 

[Cybercock]

However much they had before, Knight is removing all restraint. He’s 86 and pulling out all the stops to win a title.

Nike Founder Phil Knight Providing Alma Mater With ‘Unlimited’ NIL Funding in Hopes of Winning College Football Championship

Nike co-founder Phil Knight is reportedly willing to exhaust his vast resources to ensure the Oregon Ducks football team wins a national championship.

www.mediaite.com

Sad and misguided to waste all that money on a bunch of kids in an effort to win a game.
Imagine the impact one could have on something meaningful

 

[gamecock stock]

Multi-Billionaire investor Warren Buffett is in the process of giving away 99% of his wealth to charitable foundations. One of his sons, Howard Buffett, was asked what was his reaction when his Dad told him that.:

Howard Buffett: "You mean after I stopped crying?"

 

[gamecock stock]

Unless there is something legal to prevent it, a cap on NIL spending is inevitable. In the early 1970s, a cap was placed on the number of scholarships that could be offered. NIL is no different. Failing to do so will destroy the game.

 

[PrestonyteParrot]

Unless there is something legal to prevent it, a cap on NIL spending is inevitable. In the early 1970s, a cap was placed on the number of scholarships that could be offered. NIL is no different. Failing to do so will destroy the game.

Also need an end to ''free agency transfers''!

 

[Harvard Gamecock]

Oh come on, if those same circumstances were applied to us, they would be erecting a statue in his honor in downtown Columbia.
After the parade of course.

 

[KingWard]

Multi-Billionaire investor Warren Buffett is in the process of giving away 99% of his wealth to charitable foundations. One of his sons, Howard Buffett, was asked what was his reaction when his Dad told him that.:

Howard Buffett: "You mean after I stopped crying?"

I like Howard.

 

[Gradstudent]

Forbes had him estimated to be worth $45 billion in December 23.

I bet he ends up giving away less then what he earns in a year in interest in his interest bearing accounts, to support Oregon, probably ends up being pocket change to him. I don't think the family has much to worry about, given that level of net worth, LOL

But it must be nice to have a Phil Knight, associated with your school, I would attend the parade in his honor

 

[Yard_Pimps]

Sad and misguided to waste all that money on a bunch of kids in an effort to win a game.
Imagine the impact one could have on something meaningful

Imagine someone wanting to use their hard earned money for whatever tickles their fancy.

 

[Uscg1984]

Sad and misguided to waste all that money on a bunch of kids in an effort to win a game.
Imagine the impact one could have on something meaningful

For starters, the average U of Oregon graduate does so with $20,139 of federal student loan debt, so there's that. I have no idea how much Knight has given to the general scholarship fund (perhaps it's quite a bit), but it does feel like there are some mixed up priorities when some of the dumbest kids on campus are making millions while most everybody else is going into debt to get their degrees.

 

[Uscg1984]

Imagine someone wanting to use their hard earned money for whatever tickles their fancy.

You can be in favor of somebody spending their money as they see fit while also being in favor of people voicing their opinions about waste.

 

[Uscg1984]

Multi-Billionaire investor Warren Buffett is in the process of giving away 99% of his wealth to charitable foundations.

That's interesting. After years of complaining about how he pays a lower federal tax rate than his secretary, I thought he would just leave it all to the feds. I guess he's not in favor of paying more in taxes after all.

Hopefully, he'll leave the other 1% to that poor secretary who never learned to take advantage of capital gains.

 

[gamecock stock]

That's interesting. After years of complaining about how he pays a lower federal tax rate than his secretary, I thought he would just leave it all to the feds. I guess he's not in favor of paying more in taxes after all.

Hopefully, he'll leave the other 1% to that poor secretary who never learned to take advantage of capital gains.

I don't know about you, but I annually contribute to many charities: St Judes, UNICEF, Matthew 25 Ministries, the Shriners Hospital in Greenville, my local Salvation Army, my local animal shelter, a local children's home for abused children and a local charity that helps the elderly poor with food, utilities and transportation. I intend to add the Easter Seals and No Kid Hungry charities to my giving. I try to contribute to charities that will have a long-lasting impact. To me, that's more useful and important than giving to NIL so that a bunch of kids can score touchdowns. But, that's me. I understand your point because I have read what Buffett has said in the past. But, it's hard for me to be critical of giving millions to worthy charities, because there really are NEEDS out there. If I was a billionaire, I'd give a lot, lot more than I currently give.

 

[Yard_Pimps]

You can be in favor of somebody spending their money as they see fit while also being in favor of people voicing their opinions about waste.

I just don’t see it as waste

 

[Uscg1984]

I just don’t see it as waste

Right. Like Cybercock, you have an opinion on the issue. Nobody's trying to force anyone to do anything.

 

[18IsTheMan]

It's certainly his choice how to use his money. I also think it's a waste. But I think giving 5 cents to NIL would be a waste.

 

[Uscg1984]

I don't know about you, but I annually contribute to many charities: St Judes, UNICEF, Matthew 25 Ministries, the Shriners Hospital in Greenville, my local Salvation Army, my local animal shelter, a local children's home for abused children and a local charity that helps the elderly poor with food, utilities and transportation. I intend to add the Easter Seals and No Kid Hungry charities to my giving. I try to contribute to charities that will have a long-lasting impact. To me, that's more useful and important than giving to NIL so that a bunch of kids can score touchdowns. But, that's me. I understand your point because I have read what Buffett has said in the past. But, it's hard for me to be critical of giving millions to worthy charities, because there really are NEEDS out there. If I was a billionaire, I'd give a lot, lot more than I currently give.

To be clear, I'm not critical of Buffett's plans for his estate. I am merely pointing out the irony that after decades of expressing support for higher tax rates on the uber rich, he isn't electing to pay more in taxes than he absolutely has to. I am sure he is correct in concluding his money will do more overall good in the hands of a charity (even a behemoth foundation) than in the hands of the federal government.