The cost of recruiting!
This is some kind of business model where you can spend this level of cash on a weekend for teenagers. Really shows how profitable these programs are to the schools. No way you drop that kind of cash without a solid return.
Wonder where Michigan ranks?
September 16th, 2022 at 10:59 AM ^
Things sure have changed from the ol traditional sit down dinner @ the family table.
September 16th, 2022 at 11:03 AM ^
Or spending the night.
September 16th, 2022 at 11:29 AM ^
How much does it cost to climb a tree?
September 16th, 2022 at 1:21 PM ^
Just some joint pain, but I'm old.
September 16th, 2022 at 1:28 PM ^
What did the Nordin family charge Harbaugh for the sleep over?
September 16th, 2022 at 11:09 PM ^
Not sure, but I'm sure Quinn told him also to do his fucking job!
September 16th, 2022 at 11:06 AM ^
Yeah, sit down at the table and leave an envelope on it when you walk out.
September 16th, 2022 at 11:41 AM ^
I feel like recruiting has fallen into the same trap as so many great black markets before it's time. Once the politicians, finance guys, and lawyers figured out they could make money off it, all of the simplicity and charm was stripped away and out came budgets, contracts, and spreadsheets. I miss the good old days.
September 16th, 2022 at 12:49 PM ^
Yep, the "charm" like a bag full of cash has been "stripped away" for Venmo.
September 16th, 2022 at 3:09 PM ^
I guess the question--one of them--is whether it remains more or less criminal//illicit activity, or is drawn into the light of day. To play devil's advocate: Spending 280 grand on a group of recruits begs the question whether you are treating your students fairly, let alone intelligently. What happens when a Math department tries to lure a future Nobel-Prize winner?
Now--possibly--if this money came out of NIL donations and business arrangements, it would not have to be ADs tapping boosters or department funds to foot the bill (Rick Pitino, come on down!) Maybe someone like Warde, even Jim, would prefer not to be sneaking around doing this kind of thing on the hushhush, just know the protocols/where the pin money is?
Seems like one helluva a lot left to settle here. May take a while.
September 16th, 2022 at 11:49 AM ^
Or getting a new car dropped off in the driveway.
September 16th, 2022 at 11:55 AM ^
Exactly! It just doesn't have the same personal touch now that the bureaucrats are involved.
September 16th, 2022 at 12:52 PM ^
Right, what the hell happened to back alley (behind the car dealership) handshakes and mysterious church donations?
This transparency is killing college football.
September 16th, 2022 at 1:11 PM ^
I think of Hoke with 8 different kinds of meat and sausage and industrial sized bottles of ranch.
September 16th, 2022 at 1:28 PM ^
Here's a man fully in his element:
September 16th, 2022 at 4:30 PM ^
Haha I remember this pic. The Mone family right?
September 16th, 2022 at 5:40 PM ^
I don't know what else has happened in the world, but you win the internet for today
September 16th, 2022 at 2:05 PM ^
Whores cost money
September 16th, 2022 at 11:02 AM ^
They are going to fit in great in the SEC.
September 16th, 2022 at 1:51 PM ^
True, that. But the whole thing is becoming so tiresome. Everything is about money. Not just college athletics or pro sports. Everything is about the almighty dollar.
Or as the supremely prescient Arthur Jensen proclaimed:
https://youtube.com/clip/UgkxMP9Oa0iTyAhcHwVY-pBemQm2ECx8wfXs
Go ahead. Click on it. A guy from a movie in 1976 describing 2022 perfectly.
September 16th, 2022 at 2:09 PM ^
Same as it ever was.
September 16th, 2022 at 11:04 AM ^
There is a link in the article that lists annual recruiting expenses for teams.
https://athleticdirectoru.com/articles/an-analysis-of-football-recruiting-costs/
I question the results tho, no way does OSU spend less than Utah.
September 16th, 2022 at 11:05 AM ^
OSU just misunderstood the annual part. They reported their weekly numbers
September 16th, 2022 at 4:30 PM ^
It's just hard to spend money lavishly in Ohio. How much of a tab can you really run up at a waffle house?
September 16th, 2022 at 11:37 AM ^
i'll eat a lemon if OSU spends less on recruiting than Utah (or us, for that matter). Reports less, maybe...spends less...GTFOH
September 16th, 2022 at 11:40 AM ^
OSU didn't include "goods and services".
September 16th, 2022 at 11:44 AM ^
LOL on Nebraska's ROI here
September 16th, 2022 at 12:26 PM ^
And A&M's too.
September 16th, 2022 at 11:51 AM ^
Tennessee no.3? Wow, what a waste of money.
September 16th, 2022 at 12:05 PM ^
That Georgia number is incredible given that they have a ton of talent right in their home state (and plenty more in the neighboring states). What are they spending it on?
September 16th, 2022 at 12:57 PM ^
hookers and blow
September 16th, 2022 at 1:30 PM ^
Another post, another picture ...
September 16th, 2022 at 1:39 PM ^
My buddy's first child was born last July - he got a copy of that last Christmas
September 16th, 2022 at 12:10 PM ^
That's just the above table money. Gotta imagine there's a lot more going on behind the scenes.
September 16th, 2022 at 1:40 PM ^
Columbus tattoo parlors don’t charge for recruits in the hope of future goods & services!
September 16th, 2022 at 4:58 PM ^
I think much of the cost is flights in for these kids. Probably a helluva lot easier/more flights getting into Columbus as opposed to Salt Lake City. Also OSU is probably arrogant enough to think that showing up for a game and viewing the facilities is Al a kid needs.
September 16th, 2022 at 6:26 PM ^
Yeah, I imagine it adds up. Pretty much everyone in the world justifies their spending in similar fashion!
September 16th, 2022 at 11:04 AM ^
Should have training session on how to setup a gofundme if they get seriously ill.
September 16th, 2022 at 11:13 AM ^
These Texas figures turn out to be about $ 30K per prospect per visit. Roughly $ 10K per prospect per day.
And, the Georgia number is very interesting - from 2019. I would assume that reflects their entire recruiting budget - all classes - so, making the introductions to prospects who could be high school seniors. But, if you just look at the signed players - Georgia is spending over $ 100K per signee.
A slightly deeper look into Georgia’s spending - since I don’t know if this is aligned with Calendar year, or academic year - but it really shouldn’t matter much. In 2019, Georgia signed 24 players in 2020 - they signed 25. For arguments sake, let’s use 24 players in 2019. They spent about $ 150K per signee. That’s just recruitment - I assume. Not the cost of the scholarship - room & board - books - stipend, etc.
September 16th, 2022 at 11:30 AM ^
Georgia is spending over $ 100K per signee.
Which is peanuts compared to what they were actually spending on signees from "the other" budget. NIL has proven how much bag money was flowing before.
September 16th, 2022 at 12:08 PM ^
I don't know about that. I would imagine players are getting more now that it's legal to do so. There are more schools in the bidding now, and probably more boosters/businesses willing to hand over money knowing that it won't lead to NCAA issues.
September 16th, 2022 at 1:27 PM ^
Yes, NIL has made it so new money will flow in expanding the overall pool. But you don't go from hundreds of thousands to tens of millions simply because "now it's legal". The base and infrastructure was already there.
Texas A&M is a great example. The claim is they spent @ $25M to land the #1 class last year. That type of money didn't just spring up because of NIL. They have been paying guys pretty hefty sums for a while. The questions is did it go from $20 -> $25, $15->$25, or $10 -> $25? I'm positive it didn't go from $100K ->$25M.
September 16th, 2022 at 2:19 PM ^
True blue - what is “fair” compensation for a five star prospect’s handshake? An autograph?
Let’s say I have a mocked up photo of a prospect in a team jersey - for argument’s sake - let’s sat it is an A&M jersey - and, I show it to the prospect. “Hey, could you please sign this for me?”
He signs the photo - and, I give one of his friends a brown paper bag - with a few (let’s say a hundred) Benjamins in it. Then, I say “Thanks. A lot of friends of mine would like your autograph too.”
Under NIL, have any rules been broken? It’s up to him to report any income, and pay taxes on it, Correct?
September 16th, 2022 at 6:23 PM ^
Paying a recruit, not a player? Looks like a violation of NIL rules. (Why go through the brown paper bag intermediary?)
September 17th, 2022 at 5:10 AM ^
Bcn - my scenario is speculation - and reflects a “pre commitment” timing, since - technically,NIL is not “pay for play”. This just shows a cash transaction - and, accounting for it.
September 16th, 2022 at 12:51 PM ^
I wonder how long it'll be before the IRS starts asking to see how much of that is taxable income and gifts that each recruit got?
September 16th, 2022 at 4:07 PM ^
Depends on whether the revenue agents are awake.
September 16th, 2022 at 4:12 PM ^
Gifts are not taxable to the recipient according to the IRS. But the IRS does want a 709 Gift Tax Return filed by the giver for any gift to an individual over $16k in a year. And the giver is not taxed on that gift but it does reduce the amount they are able to give without being taxed on their giving in their lifetime.
Crazy thing is that a giver can give about $12M (in excess of $16k per recipient per year) over the course of their lifetime before their giving becomes taxable. At some point, the ultra rich givers are going to run out of exclusion. Theoretically. I'm sure there are work arounds to avoid that.
September 16th, 2022 at 5:24 PM ^
If there are "workarounds," I have no doubt that Gene Smith and Ryan Day figured them out long ago.
September 17th, 2022 at 3:37 PM ^
Creative response.
/s