Felt Email - House Settlement
- Thread starter Piratz
- Start date
Well, it’s easy to be cynical but now that the House settlement is finally here, let’s see what Felt, Holloway and SHU can do with it. The situation with men’s hoops is not going to be fixed in one year. It’s going to take a couple years to see at what level we can compete at in the BE— top four, middle of the pack, bottom three? But we have to show some improvement this upcoming season— wins, on court organization, some level of talent upgrade, etc to get the process moving. Pipe dream? Who knows.
I agree on the point that they need to prove it, but disagree it needs to be this prolonged change. This is a P4P pseudo-professional league now, truly year-to-year. Our leadership has known this for quite some time. It’s all about money and raising it with the school now contributing.
They just went 7-25, 2-18 and ranked near the bottom of the COUNTRY in many areas. Patience should be thin already.
No more excuses about facilities or funding for it, etc.
I am more concerned with how much revenue is being shared with Shaheen and Felt. I remain unconvinced we will fully fund the teams. Hope I am clearly proven to be 100% wrong.
And now that Onward and Pirate Blue are merged, are Onward contributions now tax deductible?
And now that Onward and Pirate Blue are merged, are Onward contributions now tax deductible?
I think we agree. Need to see improvement this year but the following year will tell the tale. Two years as painful as that may be. No excuses.
I don't know how much $$ has been given to Sha to fund the roster but I don't believe its $6M.This letter communicates to me that ,as always,SHU is late to the party and short on $$.
This roster is arguably worse than last year. Anyone expecting improvement this year has an IQ that falls somewhere between Neanderthal and Cro-Magnon Man on the evolutionary chart. This is not a competitive roster by any stretch of the imagination.
At this point it's just a matter of weathering the storm and giving Sha one more chance to right the ship next off season.
At this point it's just a matter of weathering the storm and giving Sha one more chance to right the ship next off season.
You are being generous
Im curious as to what was meant by this sentence, since it’s not like we’re talking a free-spending department to begin with:
“We have had to make difficult decisions that include operational reductions.”
“We have had to make difficult decisions that include operational reductions.”
In addition to being an overall worse roster, the problem I see is the type of player. The "junkyard" style basketball everyone says Sha wants to play is incredibly frustrating to watch. I'd rather a team full of unathletic but high IQ players that can play as a team.
Not sure this roster is worse than last year's. It's way heavy with guards and wings that should necessitate a change in style of play.
The good news for me is that I am not too impressed with many other BE teams in the portal as well. St. John's, UCONN, and Creighton did very well. Georgetown and Butler did well, the rest, like Seton Hall, are mediocre.
The school and its strategies are 2 steps behind.
Latest Onward Setonia product????? Pesto.
We're doing Farmer's Market level things and expecting to keep up with the rest of the Big East.
I totally get what you’re saying, but there’s been nothing from the fan base to justify many offerings. We can go back to how they couldn’t even sell out a small allotment of golf hats as a prime example. Of course the school has do a better job cultivating, but the lack of a sizable and dedicated fan base can’t be ignored. It’s all one big problem.
That was my question as well! Also would have been nice to see that sentence from an email or two ago where Felt was committed to winning Big East and National Championships across the board.
Maybe offer something people actually want? That might be a nice change of pace! How many hats does one person really need? Maybe look at what other big time schools offer? Maybe try to get even a little creative?
SHU fanbase is fickle certainly. But coffee, pesto, even golf hats is small time. Steal ideas from other schools who are having more success. A couple of podcasts ago, LCP listed a ton of things that cost almost zero to implement and might actually bring in $$.
The school did a poor job in prepping and executing.
Well for a team that won 7 games and only 2 in the BE, it won’t be as dramatic of a dropoff!
💀
I know absolutely know what you’re saying … totally get it. But you also have to realize how small the audience is. Should more be done to cultivate it? Absolutely. But it’s also not bright in the meantime to offer stuff that won’t sell to anyone. It sucks all around.
I welcome the letter from Bryan. We need to see more of these types of communications. I've been a vocal critic of SHU and how bad our communication and marketing is. This was a step in the right direction IMO.
Maybe asking people what kind of items they would be interested in would be the way to go. Send out a survey to current donors and season ticket holders. It’s not rocket science and something a student worker could easily put together with some input from the higher ups.
Oh, and the audience would be a hell of a lot larger if they would quit pissing everyone off!
They have a well regarded business school on campus. Maybe they can take some courses about how a small mom and prop brand can grow and scale and become more effective. Or the value of marketing, customer engagement, flooding the field, and translating intrinsic value to monetary value.
Some think Providence did well. TBD, in my opinion. And English not being a good coach is very much on the table as well.
Marquette is the fascinating team for me. Didn't go into the portal again, and going with the retention/development route. But after losing Kolek and Iggy to the league, now they are going to lose Kam to the league and two other huge contributors in Joplin and Mitchell who were very good, complimentary, winning players that performed well for many years. That's is a lot to replace in 2 years without getting into the portal, even with expecting kids like Ross to make a jump.
Well it reads like they laid off some athletic department staff because their salaries were needed to pay players. Extremely short-sighted, IMO, if that is the case.
it's simple too late. over he last two decades the school has railroaded any interest or good will among alums. we also do not produce nearly the amount of big time alum like the others schools (nova for instance).
spade is a spade. jury is out. there's no hiding the warts anymore. and with the new landscape it only snowballs until ruin.
the business school is vastly overrated. A stillman degree isn't regarded as anything in the real world. but still if it were me i would be using this as a legitimate use case for the school
they probably had no choice.
it reads like seton hall had nowhere near $6.5m. it sounds like we didn't even have enough to finance this current dregs roster. which is really the most unsurprising news.
I very much doubt that. They may have thought they had no choice, meaning they thought player salaries were the clear best use of that money, but I'm saying in that case they're wrong. Unless that money is the difference between winning big and not (in which case I'm happy to eat crow), they're still going to need a lot of off-the-court help to sell the product and now they're either going to be less productive on that side or they're going to be asking more from people who are already over worked and under paid.
College sports is turning pro and every school is realizing it on the sport side and doing their best to fund that side appropriately, but the schools who realize it on the business side and also fund that side appropriately are the ones who are going to get ahead. I'd argue business side is more important right now. Only so many teams can win, and the ones who dump all their money into the sport side at the expense of the business side, and still don't win, are going to burn through their money and find themselves in a bad spot.
It’s simple. In a few years “college sports” will 100% be professional for all intents and purposes.
The only way I see this going is with either restructuring current NCAA leagues based purely on athletic finance budgets and try to maintain the farce that mid majors and lower majors can compete while under financial control of the school.
Or
Each individual sport at every school will have its own separate owner from the general public just like the pros now. And to continue the farce it will be something like the “South Orange Pirates” presented by and endorsed by Seton Hall University; owned by John Doe. But have minimal to no financial impact from the school.
As usual, Felt's email deals in generalities as his main objective is to avoid being specific with the alumni and fans.
Read the message from Xavier's AD on the same topics and notice how he shares information with Alumni and fans, whether the information is positive or negative. It doesn't take much effort but the tone of his email shows that he values and respects the alumni/fans as crucial partners in the success of Xavier basketball. And by acknowledging their true current position, he makes it clear that its not where they want to be and leads one to believe they are serious about making improvements.
Some examples
1) A brief synopsis of the new coach's strategy to build the team and what he was looking for in the transfer portal.
2) Says the Athletic Department will hold several in-person events this summer for fans to go into more detail on the changing landscape of college sports.
3) Talks about how this spring's Transfer Portal played out and that a handful of schools circumvented the new Rev Share Salary Cap by using money from collectives (outside of Rev Share) to drive up costs and led to the creation of several super teams.
4) Says that for the 25/26 season their Rev Share amount is not what they hoped for. He states specifics saying they are in the middle of the pack in the Big East, 15% lower than the average (avg for BE is said to be $5.7M). He states that the goal is to be among the top BE teams and planning has already begun to get there for the 26/27 season. (Read the 3 paragraphs below).
XAVIER'S PLACE IN COLLEGE ATHLETICS
House-related planning had a profound effect on this spring's transfer portal activity in college basketball and other sports. A handful of schools and collectives used the coming revenue sharing rules to circumvent the expected revenue sharing cap by essentially dumping available collective cash into the marketplace, which had an impact on roster construction across college basketball. The net effect has been the creation of some super teams, at least on paper.
Whether through the House settlement or eventual collective bargaining, what played out this spring will even out as greater regulation is brought to college athletics. Xavier navigated successfully the early years of NIL, and I believe in our approach and plan toward revenue sharing. The reality, though, is that our 2025-26 team NIL/revenue sharing cap is in the middle grouping of the Big East, off the league average by 15%. I know our shared expectation for Xavier Basketball is to be among the top teams and competing for the Big East title. With this in mind, we have already started conversations and planning for 2026-27.
Because of your support, Xavier has been competitive and successful in the NIL era and will remain so in the revenue sharing world. Every Division 1 institution has built its NIL approach on the generosity of alumni, donors and new business opportunities. Xavier's strategies have been similar, and we have taken several ideas from you and our peers.
Read the message from Xavier's AD on the same topics and notice how he shares information with Alumni and fans, whether the information is positive or negative. It doesn't take much effort but the tone of his email shows that he values and respects the alumni/fans as crucial partners in the success of Xavier basketball. And by acknowledging their true current position, he makes it clear that its not where they want to be and leads one to believe they are serious about making improvements.
Some examples
1) A brief synopsis of the new coach's strategy to build the team and what he was looking for in the transfer portal.
2) Says the Athletic Department will hold several in-person events this summer for fans to go into more detail on the changing landscape of college sports.
3) Talks about how this spring's Transfer Portal played out and that a handful of schools circumvented the new Rev Share Salary Cap by using money from collectives (outside of Rev Share) to drive up costs and led to the creation of several super teams.
4) Says that for the 25/26 season their Rev Share amount is not what they hoped for. He states specifics saying they are in the middle of the pack in the Big East, 15% lower than the average (avg for BE is said to be $5.7M). He states that the goal is to be among the top BE teams and planning has already begun to get there for the 26/27 season. (Read the 3 paragraphs below).
XAVIER'S PLACE IN COLLEGE ATHLETICS
House-related planning had a profound effect on this spring's transfer portal activity in college basketball and other sports. A handful of schools and collectives used the coming revenue sharing rules to circumvent the expected revenue sharing cap by essentially dumping available collective cash into the marketplace, which had an impact on roster construction across college basketball. The net effect has been the creation of some super teams, at least on paper.
Whether through the House settlement or eventual collective bargaining, what played out this spring will even out as greater regulation is brought to college athletics. Xavier navigated successfully the early years of NIL, and I believe in our approach and plan toward revenue sharing. The reality, though, is that our 2025-26 team NIL/revenue sharing cap is in the middle grouping of the Big East, off the league average by 15%. I know our shared expectation for Xavier Basketball is to be among the top teams and competing for the Big East title. With this in mind, we have already started conversations and planning for 2026-27.
Because of your support, Xavier has been competitive and successful in the NIL era and will remain so in the revenue sharing world. Every Division 1 institution has built its NIL approach on the generosity of alumni, donors and new business opportunities. Xavier's strategies have been similar, and we have taken several ideas from you and our peers.
While I would appreciate more transparency, maybe Felt and the powers-that-be have given up on "partnering" with the alumni. who have been notoriously tight-fisted, aside from a wealthy few who have come through for them time and again.
Xavier is doing well because it has the right people in the right place and the support of their administration and those are key elements in today world .
The problem with this is that's the same audience that you need to buy tickets and support the program beyond donating.
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