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1/18/2024 7:27 pm  #181


Re: GW's NIL Collective: Friends of George + General Discussion

Alum '04 wrote:

GWRising wrote:

I am fine with the questions in advance. It's potentially a larger audience and zoom calls with many participants randomly asking questions can often become unwieldy. If you have additional questions I am sure there will be a forum to ask them. The idea behind advanced questions is to keep it moving (given the finite time) and to try to eliminate redundant or similar questions. This isn't some press conference with hard hitting journalism.

Then why wouldn't you take questions via say email during the event? You're still screening questions. Only accepting questions in advance prevents viewers from submitting questions as they arise from new information.

Due to interest of time - if you have to read questions that may be embedded in a longer email often with a statement included. What if you got a hundred questions on the spot. How do you decide which ones to answer? And yes, some questions are not appropriate. No one is going to tell you how much James Bishop has earned in NIL. Why? Because you just let the competition know what GW pays its better players and also provided information that James may not want out there. There are certain aspects to this that cannot be openly addressed.

However, I am quite certain that if someone has additional questions that can be answered there will be another forum to ask them.. 

 

 

1/19/2024 8:53 am  #182


Re: GW's NIL Collective: Friends of George + General Discussion

I had something else come up and wasn't able to join the call.
I would appreciate a summary of any important points. 

 

1/22/2024 3:15 pm  #183


Re: GW's NIL Collective: Friends of George + General Discussion

Given that NILs don’t have to disclose their donors, is there anything preventing a school with means from paying their coach an extra, say $2 million a year, and then the coach putting $2 million of personal money into the NIL as a de facto way of the school funding its own NIL program?

 

1/22/2024 4:06 pm  #184


Re: GW's NIL Collective: Friends of George + General Discussion

One of those things that you can do, but could blow up in your face.

FC, other tidbits that I can recall (I was multitasking): Focus on protecting the team and GW.  Doing everything as conservatively as possible. Raised "in the mid six figures" last year. Two ways to donate:  Through non profit work where the student athlete will have to work at a non-profit for the money (tax deductible), or, run-of-the-mill NIL.  International students can't do the former.  Targeted towards men's hoops, but available to all student athletes.

 

1/22/2024 4:12 pm  #185


Re: GW's NIL Collective: Friends of George + General Discussion

Free Quebec wrote:

Given that NILs don’t have to disclose their donors, is there anything preventing a school with means from paying their coach an extra, say $2 million a year, and then the coach putting $2 million of personal money into the NIL as a de facto way of the school funding its own NIL program?

Tax planners, attorneys, and the IRS would love you! 

I joined the call, and if you are familiar with the NIL environment, there really wasn't much new to explain beyond the university's desire to help athletes understand the financial consequences and needs of making more money and distributing NIL opportunities beyond MBB.  

Last edited by Merrick (1/22/2024 4:15 pm)

 

1/22/2024 6:06 pm  #186


Re: GW's NIL Collective: Friends of George + General Discussion

BM wrote:

Two ways to donate:  Through non profit work where the student athlete will have to work at a non-profit for the money (tax deductible), or, run-of-the-mill NIL.  International students can't do the former.  Targeted towards men's hoops, but available to all student athletes.

If you are interested in donating via the non-profit, here is the link https://bpsfoundation.net/donations/georgewashingtonuniversity/

For the international kids, they said it was easy to do this year because our MTE was in the Bahamas so the NIL work could be done in conjunction.. Might be harder the years we stay within the US.

     Thread Starter
 

1/22/2024 7:06 pm  #187


Re: GW's NIL Collective: Friends of George + General Discussion

Thanks for the info.

 

4/10/2024 1:59 pm  #188


Re: GW's NIL Collective: Friends of George + General Discussion

Given all the conversation lately about NIL and transfers and coaches, I decided to start doing a monthly donation to FoG: https://fogcollective.com/ - direct link to donate https://bpsfoundation.net/donations/georgewashingtonuniversity/

 

4/11/2024 9:34 am  #189


Re: GW's NIL Collective: Friends of George + General Discussion

squid wrote:

Given all the conversation lately about NIL and transfers and coaches, I decided to start doing a monthly donation to FoG: https://fogcollective.com/ - direct link to donate https://bpsfoundation.net/donations/georgewashingtonuniversity/

Are they providing you with anything for the monthly donation?  The website seems pretty bare bones

 

4/11/2024 5:33 pm  #190


Re: GW's NIL Collective: Friends of George + General Discussion

The Ross-Man! wrote:

squid wrote:

Given all the conversation lately about NIL and transfers and coaches, I decided to start doing a monthly donation to FoG: https://fogcollective.com/ - direct link to donate https://bpsfoundation.net/donations/georgewashingtonuniversity/

Are they providing you with anything for the monthly donation?  The website seems pretty bare bones

This is the only reason that's keeping me from donating too - I'm sure they're all figuring it out, but some sort of guidance would be helpful. I know they operate in a different stratosphere, but look at all the resources and information UConn's put together here, for example.

 

4/11/2024 6:14 pm  #191


Re: GW's NIL Collective: Friends of George + General Discussion

trops_fc wrote:

The Ross-Man! wrote:

squid wrote:

Given all the conversation lately about NIL and transfers and coaches, I decided to start doing a monthly donation to FoG: https://fogcollective.com/ - direct link to donate https://bpsfoundation.net/donations/georgewashingtonuniversity/

Are they providing you with anything for the monthly donation?  The website seems pretty bare bones

This is the only reason that's keeping me from donating too - I'm sure they're all figuring it out, but some sort of guidance would be helpful. I know they operate in a different stratosphere, but look at all the resources and information UConn's put together here, for example.

 LOL. UConn has $5 million dollars in NIL money and has won 2 straight national championships - it's not in just a different stratosphere - it's in a different universe. How about we compare apples to apples? Show me what other A-10 teams are doing.

 

4/11/2024 7:01 pm  #192


Re: GW's NIL Collective: Friends of George + General Discussion

GWRising wrote:

trops_fc wrote:

The Ross-Man! wrote:


Are they providing you with anything for the monthly donation?  The website seems pretty bare bones

This is the only reason that's keeping me from donating too - I'm sure they're all figuring it out, but some sort of guidance would be helpful. I know they operate in a different stratosphere, but look at all the resources and information UConn's put together here, for example.

 LOL. UConn has $5 million dollars in NIL money and has won 2 straight national championships - it's not in just a different stratosphere - it's in a different universe. How about we compare apples to apples? Show me what other A-10 teams are doing.

I’d say UMass has a pretty sophisticated Collective. One thing they do is have all the athletes they sponsor on their website and the date they signed: https://www.themasscollective.com/athletes

One thing that FOG could do that all other fundraising organizations do is in person events. Why not rent out Tonic sometime this summer with the FOG-sponsored players in attendance? Or have a FOG-donor only open practice?

In my personal experience, putting faces to names and building relationships goes a long way.

     Thread Starter
 

5/13/2024 8:45 am  #193


Re: GW's NIL Collective: Friends of George + General Discussion

Washington just signed Utah State's Great Osobor for a reported $2 million.  So for those on here who are annoyed we are signing the likes of Stretch or Castro, $2 million is the going rate for a skilled Center from an equivalent conference.

Also, Osobor is from the UK so whatever speedbumps existed getting Interntional kids NIL money has been figured out.

     Thread Starter
 

5/16/2024 10:03 am  #194


Re: GW's NIL Collective: Friends of George + General Discussion

Good to see this. Get involved!

Last edited by Florida Colonial (5/16/2024 10:05 am)

 

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