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Good stuff from Jerry

Revenue sharing. $20.5 m per year we have to spend or is the most we can spend?

If it’s the former, why isn’t like $12m
Going to men’s bball?

Also we can’t sign player contracts (officially) and pay them directly through school till
early June right?

Are we playing it safe again or are we going balls to the wall player contacting before it’s official?
🙄
 
The shooter from Monmouth is going to make a fortune. But that’s the kind of difference maker you need. Putting a shot maker like that on your team alongside Coleman immediately changes the dynamic for the good.

We need impact players. Pull the trigger. Spend the money. We have this paranoia of wanting to spend it differently instead of impact guys.
 
Schools with big collectives will be “front loading” the players they want early in the process. The reason— they want their rosters lined up before the House settlement goes into effect on June 1.

When the House settlement goes into effect, the FMV rules also take effect which can limit the amount of $$$ a player can receive beyond the rev sharing component.

Will FMV be effective? Who knows. But as of now it could restrain what players can receive and the schools and their collectives want to lock up players sooner rather than later.
 
Lots of positives but I would agree the GM limbo talk is disturbing.

If we already have someone doing that role and we made upgrades in that dept, why not say it? Instead he says we are still talking about it and it’s the sexy thing to do? The sexy thing to do is not to have the worst team in decades and not be five steps slow when many good teams seemingly have a leg up on us. IMHO that was a crappy comment by Felt. Also to highlight that rev sharing WON’T give us a leg us and that we will never beat the big boys in funding is demotivating as hell for next season. We want a top team not a middle NIT team.
Good points HallBall02 --the reality is that SHU does not have a GM and is it not a little late ? Did the "Sha management " believe the Pirates would not need to go hard in the Portal this Year ? Was it because Sha did not want a GM? This is another reason to criticize the failure of Sha not having a real "boss".
The Hall is another step late and I believe another reason a step behind .
 
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Good points HallBall02 --the reality is that SHU does not have a GM and is it not a little late ? Did the "Sha management " believe the Pirates would not need to go hard in the Portal this Year ? Was it because Sha did not want a GM? This is another reason to criticize the failure of Sha not having a real "boss".
The Hall is another step late and I believe another reason a step behind .
Not enough schools have GM’s right now for SHU to be considered behind. Key words being right now.
 
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Many duties that Holloway was doing will now be assigned to this new position. The individual will not have the title GM, but he will be performing many of the same duties freeing Sha to focus on player procurement.

Please guys stop focusing on the negatives. Jerry was incredibly positive about the Hall's direction. But he can't incorporate that in his story as he has to maintain his professionalism.

We are FINALLY on the right track.
Dan,

The concern is your statement, "Sha will focus on player procurement".

Sha does not possess the long term skill of buying talent. Would feel much better, if the new position hires a seasoned GM role to do the talent assessment and purchasing, with Sha focused on providing his feedback and opine on what he needs,and then coaching them up.

Hoping that is the direction this Spring.
 
The shooter from Monmouth is going to make a fortune. But that’s the kind of difference maker you need. Putting a shot maker like that on your team alongside Coleman immediately changes the dynamic for the good.

We need impact players. Pull the trigger. Spend the money. We have this paranoia of wanting to spend it differently instead of impact guys.
I agree. If we really have over $5 Million, go spend some. Don't wait. If there is a difference-maker you like, pay him 10% extra. We need some positives to wash the stink off our Program. Not going to kill us if we overpay a quality player for 1 year.
 
Actually we have one. Just no announcement yet.
If we are talking about the same player, it's more of a lottery ticket type who has yet to have success in college yet. Similar to guys we brought in last year like Scotty & Dual.

The one kid I liked that we had in for a visit just committed to Florida State - not a NIL/ Rev Share powerhouse.

Losing out to Florida State seems like there is still a large disconnect in what's being reported. Either we don't have the $5 Million budget being reported or we have no idea to properly value, negotiate and close any player who has other interest.
 
The shooter from Monmouth is going to make a fortune. But that’s the kind of difference maker you need. Putting a shot maker like that on your team alongside Coleman immediately changes the dynamic for the good.

We need impact players. Pull the trigger. Spend the money. We have this paranoia of wanting to spend it differently instead of impact guys.
I agree with this. I coached youth girls soccer for 15 years, and I can tell you that even one impact player can make a HUGE difference.

I never liked the idea of spreading the NIL around, that’s not going to work. Get 1-2 good to great players, the rest can be supporting cast.
 
If we are talking about the same player, it's more of a lottery ticket type who has yet to have success in college yet. Similar to guys we brought in last year like Scotty & Dual.

The one kid I liked that we had in for a visit just committed to Florida State - not a NIL/ Rev Share powerhouse.

Losing out to Florida State seems like there is still a large disconnect in what's being reported. Either we don't have the $5 Million budget being reported or we have no idea to properly value, negotiate and close any player who has other interest.
Either is possible, both are possible. I trust Shaheen as a head coach, I don't trust him as a program money manager or financial negotiator. Not an indictment on him, but moreso just a general "why would one expect head coaches to be great at either?" feeling.

There is a reason why professional sports have head coaches, scouts, and a GM. They all work together, but they each are also responsible for different things. When dollars and valuation are involved, you need other people involved.
 
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If we are talking about the same player, it's more of a lottery ticket type who has yet to have success in college yet. Similar to guys we brought in last year like Scotty & Dual.

The one kid I liked that we had in for a visit just committed to Florida State - not a NIL/ Rev Share powerhouse.

Losing out to Florida State seems like there is still a large disconnect in what's being reported. Either we don't have the $5 Million budget being reported or we have no idea to properly value, negotiate and close any player who has other interest.
Can’t say Kobe Magee is a “loss” in my opinion until we know who is walking through our door.
 
Can’t say Kobe Magee is a “loss” in my opinion until we know who is walking through our door.
Sure, we will see. But for once it would be nice to see us bring a kid for a visit and be able to land him over other high majors.

Would have been the best shooter we've had in a long time for what was likely a reasonable price (based on his other 2 visits). Always room for a player like that whether he starts or comes off the bench.
 
Not enough schools have GM’s right now for SHU to be considered behind. Key words being right now.
I'm less worried about other schools than I am about Sha negotiating with Agents and players. Many of us believe Sha can coach but does anyone think he's good at negotiating, researching market trends, determining value in a complex market and fitting a quality team within a budget?

Half kidding but I wonder if Sha curses at agents during negotiations? So far it's been said he's laughed at both Samuel and Coleman when they made their requests to stay. Samuel was a very key player that would have made us very good. Sha should have asked for help to keep him or pay him the difference out of his own pocket. He only asked for 300k, maybe 200k over our offer. That's nothing if he better understood the market and had the relationships to go ask a Booster to help him for a key player. That's what a GM is for.

Heck even Felt admits it's a deficiency. And who has been scouting players all year? It seems we are just checking boxes on any player with good stats who doesn't click the "do not contact" box.
 
After reading this article I have a question concerning what is NIL and what is revenue sharing.

It mentions that donors can now make their contributions directly to Pirates Blue tax free due to the change in revenue sharing, because now the school can direct money to the students.

That is NOT revenue sharing to me. That is still fans funding the players. Seton Hall needs to contribute $3-4M of “their own” money, while NIL contributions from the fan base supplement that number.

If we intend to be closer to $3-4m total, then we will once again be on the bottom side of the scale.

Players are commanding $2m+ in the portal. With that inflation we may be lucky to get two starting level players, from established high D1 programs. Everything else would be throwing darts hoping players can step up from low and mid majors.

Please someone correct me if I am completely off base.

I think you're 100% on target. The only thing to add is that beyond the $3-4M, the way I read the agreement is that should the collective distribute in excess of $600 to players, it's subject to review by Deloitte, so even those deals could potentially be scuttled if Deloitte, using whatever system that they have in place, determines that the disbursements are 'pay-for-play" and not "legitimate NIL" deals.
 
If we are talking about the same player, it's more of a lottery ticket type who has yet to have success in college yet. Similar to guys we brought in last year like Scotty & Dual.

The one kid I liked that we had in for a visit just committed to Florida State - not a NIL/ Rev Share powerhouse.

Losing out to Florida State seems like there is still a large disconnect in what's being reported. Either we don't have the $5 Million budget being reported or we have no idea to properly value, negotiate and close any player who has other interest.

I'm less worried about other schools than I am about Sha negotiating with Agents and players. Many of us believe Sha can coach but does anyone think he's good at negotiating, researching market trends, determining value in a complex market and fitting a quality team within a budget?

Half kidding but I wonder if Sha curses at agents during negotiations? So far it's been said he's laughed at both Samuel and Coleman when they made their requests to stay. Samuel was a very key player that would have made us very good. Sha should have asked for help to keep him or pay him the difference out of his own pocket. He only asked for 300k, maybe 200k over our offer. That's nothing if he better understood the market and had the relationships to go ask a Booster to help him for a key player. That's what a GM is for.

Heck even Felt admits it's a deficiency. And who has been scouting players all year? It seems we are just checking boxes on any player with good stats who doesn't click the "do not contact" box.
The art of negotiation or problem solving is taking the personal emotion out of it. You have to leverage the needs of the needs of the business, not take everything so personally. I think Sha has an issue with this; he manages this the same way he coaches. It's not him vs. the agent. Who cares if the agent get what he wants but we land a difference maker?

And he's stubborn so it's going to take a lot of failure for him to adjust. I'm already not getting the sense last year was enough. Again, maybe I'm misreading this. We will see.
 
The art of negotiation or problem solving is taking the personal emotion out of it. You have to leverage the needs of the needs of the business, not take everything so personally. I think Sha has an issue with this; he manages this the same way he coaches. It's not him vs. the agent. Who cares if the agent get what he wants but we land a difference maker?

And he's stubborn so it's going to take a lot of failure for him to adjust. I'm already not getting the sense last year was enough. Again, maybe I'm misreading this. We will see.

This is the description of someone with an unhealthy ego who leads with emotions.

From what I have seen, this is how Shaheen operates.
 
This is the description of someone with an unhealthy ego who leads with emotions.

From what I have seen, this is how Shaheen operates.
I think the way Sha coaches is not the best for what a GM would do. And that's not Sha's fault per se as he's a basketball coach. That's his expertise.

Felt came from Pirate Blue. He's a guy that cultivated relationships for a living. I'm not sure he's going to be the one to dictate to Sha, who is making nearly $3M to run this program. But nevertheless, his quote to Jerry is spot on:

“Right now we’re working with our coaches to figure out what the best use of that position is,” Felt said. “Is the next thing the general manager? It’s certainly the sexy thing; everybody is hiring one. I’m not saying we’re not doing it – I know what we do need; we need someone who can help with these negotiations and also can help when it comes to salary cap management.”
 
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Pirate Blue donations effectively count as operating revenue so money paid out from that counts towards the $20.5M revenue sharing cap. Donations to Pirate Blue also aren't necessarily going towards paying players as other department expenses get paid from that bucket as well. Donations to the collective, on the other hand, are pretty much guaranteed to be applied to paying players and money paid out from it doesn't count towards the $20.5M cap as it's officially an independent organization. The difference is fairly irrelevant to us as we don't currently have the capability to get even remotely close to the revenue sharing cap but it will be critical to the basketball programs at schools the spend the bulk of their revenue sharing budget on football.
I wouldn't say the difference is entirely irrelevant to the fanbase. "Donating" to one can be a tax deduction vs "contributing" to the other which is not. While that doesn't mean much to the standard ham-n-egger anymore that can and potentially will make a difference to the more affluent types of donors we have.
 
I wouldn't say the difference is entirely irrelevant to the fanbase. "Donating" to one can be a tax deduction vs "contributing" to the other which is not. While that doesn't mean much to the standard ham-n-egger anymore that can and potentially will make a difference to the more affluent types of donors we have.
By "us" I meant Seton Hall - it was poorly worded. I was trying to say Seton Hall doesn't benefit from paying a player out of Onward Setonia funds over Pirate Blue funds, but they would if they expected to reach the revenue sharing cap.
 
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$20.5m is the most we can spend.

And no one is giving us that money. It needs to come off the top of what Seton Hall currently makes from tv deals, sponsorships, ticket sales, merchandise, etc.

If those areas are not generating enough revenue they would have to dip into the money generated from tuition / room and board made off of the general student population.

That’s why schools are looking into tournaments that will pay you money towards your NIL bottomline.

Suppose there is $20.5 million in revenue sharing available per school. In that case, Seton Hall should, at minimum, be allocating $10 million towards Men's basketball even if it has to come out of money generated from tuition, etc. SHU does not have the booster and alumni base willing to compete with other Big East rivals. Revenue sharing allows Seton Hall University to put Men's basketball on a level playing field with its competitors. Revenue sharing allows Seton Hall University to have one of the nation's premier basketball programs if it is willing to commit.

Based on that article, I will assume that Seton Hall University is unwilling to make that commitment. We have the opportunity to put the program in the top 3 in spending in the BE, and the answer is that we're going to try to be middle of the pack (but we all know most likely we'll be in the bottom half). It's so frustrating that the school doesn't realize what its wasting with Men's basketball. This is not just about winning games. There is example after example of small schools seeing incredible increase in revenue, advertising and student applications when teams make runs in the NCAA Tournament. Winning basketball games isn't just about making people feel good. It's good for business of the University.

Seton Hall is unserious about its basketball programs. There are many people working at SHU and people like HallDan that love the school and have the best intentions in their heart for the school and program, but the people who need to be willing to commit to men's basketball are unwilling to. It's sad. We have the potential to be a premier basketball program in the BE and in the entire nation and the people who need to commit don't want to.
 
like in we are cutting 5 mill out of our education expenses and using it to pay players? really?

i think if the number you need is 10 mill and we would need to take lots of money from other buckets, that is the time to say so long
 
like in we are cutting 5 mill out of our education expenses and using it to pay players? really?

i think if the number you need is 10 mill and we would need to take lots of money from other buckets, that is the time to say so long

Yup. I'd rather students continue to get EOF, MLK.Jr scholarships, etc than pay for professional players to not go to class, pretend to be students, and wear SHU gear 30 nights a year.
 
That $20.5M number is top cap. What kind of budget does Seton Hall have to provide money in revenue sharing format is the question. How high can they go?

Then the ongoing NIL challenge we have with the lack of big time donors. There's also supposed to be some sort of work by Deloitte to determine NIL valuations.
 
That $20.5M number is top cap. What kind of budget does Seton Hall have to provide money in revenue sharing format is the question. How high can they go?

Then the ongoing NIL challenge we have with the lack of big time donors. There's also supposed to be some sort of work by Deloitte to determine NIL valuations.
We have a lack of big time donors because Seton Hall is clueless about fundraising. We have people who want to chase unicorns, who do not want to cultivate new donors and who don’t want to be bothered with smaller donors (just see what Mike Walsh went through as Exhibit A). The people in power to make things happen are afraid of success. Not exactly what we need!
 
like in we are cutting 5 mill out of our education expenses and using it to pay players? really?

i think if the number you need is 10 mill and we would need to take lots of money from other buckets, that is the time to say so long
Yup -- absolute insanity to think otherwise.
 
Yup. Sha probably doesn't want a "general manager" -- so to deal with an egomaniac, you create a "subordinate" position that does the same thing. Ya know, for appearance sake lol
I wouldn’t be surprised if this is true. I have no truly inside info but I have heard from sources that do, that Sha is a control freak. This would make sense in hiring someone to a position other than a GM thereby not ceding too much power to someone who Sha would ultimately have to report to. I like sha as a coach but he obviously needs help navigating this new world that college basketball finds itself in.
 
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like in we are cutting 5 mill out of our education expenses and using it to pay players? really?

i think if the number you need is 10 mill and we would need to take lots of money from other buckets, that is the time to say so long

if the University doesn't want to commit to the only sport that can improve applications, admissions, donations, TV and advertising revenue, and brand exposure, then yes you're right, it should absolutely drop basketball. Just drop out of the Big East, go become a D-3 school in all sports instead of wasting the fans time and money.

Look at this tweet. Again, I ask: For a small catholic school in NJ, why is Seton Hall not leveraging the ONE sport that can help achieve this for them? Do you all have any idea what a consistent top 25 team making second weekend runs would do to help the overall school? Taking $5 million now to help fill the basketball NIL budget is a drop in the bucket compared to what they will be generating if they do this the right way.

 
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It helped SHU as much as any school I can think of. The SHU I went to was not thought of as highly as it was after 89 and PJs success. I have said that here countless times.

But it if it requires us to take 5 million out of the educational operating budget to field a good team, I have a huge issue with that. 5mil this year, ten in a few years. Other schools using finds donated by alums and fans, but SHU firing professors?
 
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We have a lack of big time donors because Seton Hall is clueless about fundraising. We have people who want to chase unicorns, who do not want to cultivate new donors and who don’t want to be bothered with smaller donors (just see what Mike Walsh went through as Exhibit A). The people in power to make things happen are afraid of success. Not exactly what we need!
we have a small alumni base. and maybe seton hall just doesn't produce successful people like other schools. were not really that good of a school. so take that apply the % that even like the school enough to donate. the handful of people that are still left must be so proud to dump money into this wretched basketball team and a school that has a massive embarrassing scandal outstanding.

good times
 
we have a small alumni base. and maybe seton hall just doesn't produce successful people like other schools. were not really that good of a school. so take that apply the % that even like the school enough to donate. the handful of people that are still left must be so proud to dump money into this wretched basketball team and a school that has a massive embarrassing scandal outstanding.

good times
that being said maybe this will get all those involved to start taking it more seriously
 
It helped SHU as much as any school I can think of. The SHU I went to was not thought of as highly as it was after 89 and PJs success. I have said that here countless times.

But it if it requires us to take 5 million out of the educational operating budget to field a good team, I have a huge issue with that. 5mil this year, ten in a few years. Other schools using finds donated by alums and fans, but SHU firing professors?
I think that’s just the new reality. SHU can only go so far without properties NIL. The revenue sharing won’t do it alone.

Right now SHU is spinning this to save their own reputations but everyone knows this is not enough.
 
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