TSUN NIL Article
- Thread starter BulldogLegacy
- Start date
First thought: "It sure warms my heart to see om fail"
Second thought: "I don't pretend to know any specifics, but it sure feels like we're so far behind them in this NIL/portal nonsense that we're about to get lapped."
Third thought: "Even still, I do enjoy laughing at them - 17 ole miss"
Second thought: "I don't pretend to know any specifics, but it sure feels like we're so far behind them in this NIL/portal nonsense that we're about to get lapped."
Third thought: "Even still, I do enjoy laughing at them - 17 ole miss"
If Catherine B isn't already a Sixpacker, we need to be recruiting her to the board. Dayum!
I believe you found our Faulkner
Two things come to mind
1) I don’t believe that they “only” spent $10M on this roster
2) Even if they did, it wasn’t just $10M. It was $10M + the other $15M they’re burning this year on coaches
1) I don’t believe that they “only” spent $10M on this roster
2) Even if they did, it wasn’t just $10M. It was $10M + the other $15M they’re burning this year on coaches
They took out a loan that 3 or 4 signed for to do this hoping that additional money would come in to cover the expense this year. If it doesn't they won't have the money next year and will still partially owe for this year. Big gamble but I will say that they have been getting graduates to sign up for $20 and $25 a month draft by the hundreds so that helps going forward. We need to get our people to at least sign up for $25 a month draft.
I’m damn impressed with her husband’s writing style
After hearing all their bull **** for 9 months I for one glad the bubble popped. I am going to give them grief if they don't make the play off. they have to win out to do it. GA is a tall order.
There is a sucker born everyday. Half the collective is under 30. Any bets on how many ran up credit card debt for this? I hope GA puts it on them and Arkansas is a crazy place to play. Lose a couple games players start making business decisions on plays. All this and they had an easy schedule.
She's a pretty famous commenter on there and known for her writing style. So much so they did an article on her and she even wrote for them for a minute. Big LSU'er.
Who knows. Completely unverified, but possibly true. I've been hearing all about this loan that's gonna come due and bankrupt them for over 2 years now. Apparently, it's a long-term loan. **
Seriously, I fully expect they will double us in NIL spending again next year, and again the year after.
Not doubting your son, but what did he do there to give him access. Sounds like a tall tail. I know a guy that was football manager during Freezes time, and he has limited information.
I swear. I need to know what bank they are using because I want that rate.
I have doubts about a huge loan they took out. Even with what they "allegedly" spent, no one, not even the hardest core UM fan, really thought they'd unseat UGA to win a conference championship or get to the national championship game. What they did expect was to make the playoff.
Win out and they still make the playoff, although likely won't win the conference nor get near the title game.
Win out and they still make the playoff, although likely won't win the conference nor get near the title game.
I know several people in the banking business and they tell me it’s true.
Are any of those people loan officers for the banks they work at? If so, ask them how difficult it can be to get a business loan for one of their customer's to pass through the bank's credit department. Even if credit sends it through, it can still get killed at corp loan committee if one of the big dogs doesnt feel like its a good investment for the bank.
So my question is, what kind of bank would be comfortable loaning a large sum of money to an NIL collective? There is literally no return on investment for the bank.
I always figured most of their NIL was financed by the infamous Dickie Scruggs’ stash.
There is a sucker born everyday. Half the collective is under 30. Any bets on how many ran up credit card debt for this? I hope GA puts it on them and Arkansas is a crazy place to play. Lose a couple games players start making business decisions on plays. All this and they had an easy schedule
As long as we're talking about NIL, please allow me to remind you of our chase team fundraiser. The post is stickied to the top of the page. It's a chance to kill two birds with one stone...help us raise money for more cameras and if msu wins - have a donation made to our NIL.
About 90% of the Hotty Toddy crowd in Oxford are 1 missed pay check from going under.
My gut is that the Grove Collective took out a loan that was guaranteed personally by 10-20 boosters under the assumption that after the House Case was settle that the loan could be rolled into the Athletic Department and/or Loyalty Foundation similar that the way that the Bulldog Collective is kinda joining forces with MSU Athletics and those boosters would not ever personally be on the hook for the $. They felt like they would have unlimited revenue in the Athletic Department following a playoff run. I know BLACK HELICOPTERS, but we are talking about Ole Miss so you almost expect some crooked-a$$ House of Zeus shenanigans.
I think we will surpass 10MM this portal cycle without a loan.
some of y’all need to understand we ain’t po ol state.
some of y’all need to understand we ain’t po ol state.
This is who is running Grove collective…. Walker jones
www.retaildive.com
WSJ: Under Armour fires 2 execs after internal review
Unnamed sources told the Journal the executives were in CEO Kevin Plank's "inner circle" and spent marketing funds on gifts for athletes and nights out.
I doubt a bank makes the loan based on the collective. I guess it’s possible a loan could be in the name of the collective but the only way a loan like this gets made is several highly liquid guys either sign a guarantee or become co-borrowers. Someone with deep pockets is willing to put their net worth on the line, banks will make a loan for nearly any reason.
I heard about this from a car dealer in Ms who is a big OM booster. He claimed That he was asked to sign on to help guarantee the loan. He said that he declined. This was months before I saw it on the message boards.
The Fourth Manning**This is who is running Grove collective…. Walker jones
WSJ: Under Armour fires 2 execs after internal review
Unnamed sources told the Journal the executives were in CEO Kevin Plank's "inner circle" and spent marketing funds on gifts for athletes and nights out.
I didn’t ask the name of the bank that lended the money. Some of them frequent this board so I will leave it them for additional comments. I doubt that they will comment since they are very professional people and sharing this type of information would be inappropriate.
Depends on the collateral & the guarantee. If the right guy(s) are guaranteeing the loan,
shocking that Walker Jones was involved in any improprieties.This is who is running Grove collective…. Walker jones
WSJ: Under Armour fires 2 execs after internal review
Unnamed sources told the Journal the executives were in CEO Kevin Plank's "inner circle" and spent marketing funds on gifts for athletes and nights out.
