steverocks35
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Kings were the 3 seed this year?lol. Id take it
Yeah the Kings are major players in the free agent market <eyeroll>
Kings were the 3 seed this year?lol. Id take it
What are you talking about dude? There are no long term fixes.
Huh? Coach K, Boeheim, Jay Wright, Mark Few, Tom Izzo, and a bunch of other guys are proof that there are long-term coaches.
There’s a disconnect somewhere. How is it possible that tech, kstate, TCU, everyone around us can afford to buy players but OU cannot. We have money. We have been in the top 10 revenue for years and we have wealthy donors. What gives?
For one thing, OU has HUGE football faclilities upgrades in the works, thanks to the now-departed Thad Turnipseed. There is not a bottomless pool of money and if you're spending many, many millions on new facilities, financed in large part by donors, it stands to reason there might be less money available for donors to devote to NIL.
There likely is an element of this. Most schools that have a chance to be elite in football have prioritized it, while some lesser schools like Arkansas have prioritized basketball. OU's fanbase has made it clear where most would want the money sent. This board is in the minority.
So you think we can’t compete with tech or Kansas state? They have money for football and basketball. I know football is the priority at OU, as it should be. However, we should still have resources for basketball but it’s mostly ignored. Tech, Kansas state, TCU, etc don’t have more money. So, are our leaders fiscally irresponsible or is it something else? We are clearly failing somewhere along the line. The question is, why? And who.
So you think we can’t compete with tech or Kansas state? They have money for football and basketball. I know football is the priority at OU, as it should be. However, we should still have resources for basketball but it’s mostly ignored. Tech, Kansas state, TCU, etc don’t have more money. So, are our leaders fiscally irresponsible or is it something else? We are clearly failing somewhere along the line. The question is, why? And who.
With Tang involved at KSU, I have suspected the money was flowing since day 1. I believe that any Big XII school that places a high priority on basketball can compete with us (or far exceed) if we place a low priority on it. Our football program has generated a huge profit over the years, but beyond that, I don't really see what makes us inherently more wealthy than any other school in our conference. Money seemingly goes a lot further in basketball, so NIL is a ripe opportunity for non-football powers.
Yes our football team makes a lot more money than most other schools but the profits go to University expenses to cover football and other sports and put some money back into academics. NIL money must come from private sources, not the university itself
I think everyone knows that, but a GREAT deal of the money the athletic department takes in comes from donors. When you ask those donors to give even more--much more--to cover huge facilities upgrades, it can't help but impact how much money goes to NIL. Even the big money donors have limits on how much they can/will pony up.
So with OU striving to simultaneously fund not one but two very expensive new endeavors--major facilities upgrades and NIL--it's not hard to see how the major demands on donors made by the former could negatively impact the latter.
So you think we can’t compete with tech or Kansas state? They have money for football and basketball. I know football is the priority at OU, as it should be. However, we should still have resources for basketball but it’s mostly ignored. Tech, Kansas state, TCU, etc don’t have more money. So, are our leaders fiscally irresponsible or is it something else? We are clearly failing somewhere along the line. The question is, why? And who.
Yep. There is a myth that some of these small Big 12 schools are just dominating us in NIL, and it's not true. At least, it's not something that been proven as true.
Also, the theory that we are somehow at a disadvantage because the school and donors have been funding stadium and practice facility projects is just wrong. KSU is doing the same thing. KU has been doing things to upgrade football facilities, and just announced the big Allen Fieldhouse project a few months ago. TCU and Texas have both opened new basketball arenas recently. Almost every major program, at any given time, is either in the middle of renovations or planning for them. It is a never-ending arms race, and we aren't any worse off than most schools.
Yes our football team makes a lot more money than most other schools but the profits go to University expenses to cover football and other sports and put some money back into academics. NIL money must come from private sources, not the university itself
Also, the theory that we are somehow at a disadvantage because the school and donors have been funding stadium and practice facility projects is just wrong. KSU is doing the same thing.
TCU and Texas have both opened new basketball arenas recently.
Also, the theory that we are somehow at a disadvantage because the school and donors have been funding stadium and practice facility projects is just wrong. KSU is doing the same thing. KU has been doing things to upgrade football facilities, and just announced the big Allen Fieldhouse project a few months ago. TCU and Texas have both opened new basketball arenas recently. Almost every major program, at any given time, is either in the middle of renovations or planning for them. It is a never-ending arms race, and we aren't any worse off than most schools.
The renovation of TCU’s arena happened long before NIL. texas’ arena opened eight months after NIL legislation went into effect, so it’s a safe bet that the fundraising was completed well before NIL. (Also, comparing texas’ fundraising capabilities with OU’s is a non-starter.)
KSU spent $210 mil on facilities upgrades, but that was in 2018, long before NIL. They had a second phase for which $96 mil was raised, but again, that fundraising was completed by Sept 2021, just two months after NIL first went into effect. We can safely assume that virtually the entire $96 mil was raised pre-NIL.
The budget for the Phog Allen renovation is $49 mil. KU's football upgrades are kind of an anomaly: They’re increasing the size of the locker room, adding 14 lockers and increasing the technology in the weight rooms, but most of the $300 mil they’re expecting to spend is not sports-related: They’re adding a conference/convention center and a retail space (it basically sounds like a stadium-adjacent mall). $50 mil of the cost is coming from the state and $150 mil has been guaranteed by KU Endowment because they view the non-football additions as something that will be appealing to prospective students (not student-athletes) and their families.
OU, on the other hand, has committed to $390 million worth of improvements and none of the money is coming from either the state or any general university fund or endowment. It’s all from the athletic department budget and private donations.
I agree it's a never-ending arms race, but because OU is entering the SEC -- and because Turnipseed came in and stirred things up -- OU is, at this moment in time, facing a different level of fundraising challenges than other schools you mentioned.