Dan posted earlier that Kurtz is contributing to the school but in other areas. We should be thankful for his generosity. Maybe he doesn’t think contributing to the salaries of basketball players the best way of giving back. And is Kurtz the only uber wealthy donor?
Here's the deal
- Thread starter Halldan1
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Max Weinberg was once a student at SHU and is worth north of $40M. Maybe try hitting him up and see if he'll donate $500k to cover the cost of a MAAC player for 1 year.
thats pretty dire. now do that every year, good luck.
weinberg is small fries with what teams are playing with, but i think that's what your post is alluding to.
At the end of the day the final roster construction will show whether we have the money or/and Sha used it effectively. Right now we have only history (which we now know that Sha was dreadfully underfunded). There is also a lot of skepticism based on the mess we have at the leadership and BOR level and Sha’s management of the program with little or no communication.
Dan is sharing what he is told and has to walk a fine line to keep those communication lines open. Not his fault if the information doesn’t shake out or is misleading. Some information is better than none.
The program is at a crossroads right now but the final roster will give a good indication of which direction we are heading.
Dan is sharing what he is told and has to walk a fine line to keep those communication lines open. Not his fault if the information doesn’t shake out or is misleading. Some information is better than none.
The program is at a crossroads right now but the final roster will give a good indication of which direction we are heading.
Yeah let’s see. If we bring in some power transfers and people like Middleton and Aligbe are being recruited over and don’t want to be backups, the tune changes.
Patience is wearing thin for good reason. These guys have been totally inept over the past year. Let’s see how it plays out.
Patience is wearing thin for good reason. These guys have been totally inept over the past year. Let’s see how it plays out.
He doesn’t want to be our sole benefactor. Then we just rely on a $5million Kurtz donation every year. He ever decides to pull his money out and we go back to being broke and he’s a villain in that scenario.
I think having the means to save the program and choosing not to appears more "villainess", from an optics standpoint. Just me though.
Optics, yes, but if he is already donating to the school why should he also have to save the program?
I don't see how a guy is a villain for not wanting to buy college basketball players. I just can't fathom anyone thinking that. If any on our fanbase does, shame on them. Pre-NIL, when "boosters" throughout the South and Midwest were propping up college football programs through "buying" rosters, would anyone here have ever characterized them as "heroic" from an optics perspective. No, they actually would have been more "villainous", if anything. This is the same thing.
It doesn't make you a hero, nor does it make you a villain.
Now donating millions of dollars towards education absolutely has a "heroic" element to that because it is going towards serving kids who may not otherwise have the means to attend college and furthering the educational opportunities for kids.
He doesn't have to, just pointing out that he can either help or not, but not helping because he doesn't want to look like a bad guy for eventually ceasing the help doesn't seem to be a logical consideration.
Agree. That doesn’t seem logical to me either. Do you think SJU fans will hate Repole if he ever backs off on his support?
I mean who knows with fans -- fans come from all stripes. Listen to WFAN for a few hours after a bad loss.
They'd be foolish though to feel that way.
Probably another good reason a financial donor would not want to contribute, especially if your name was out there. Who needs some crazy unhinged fans calling you out publicly? Much safer to fund a library or science building.
That's true, I guess if you are someone who cares. If I had that much money, I don't think I'd give a damn. But, to your point, from what I've read on Repole I think he also donates substantial amounts to the business school and other educational aspects of the university.
A guy by the name of CHUCK FEENEY is the greatest philantropist and one of the great men who have walked this earth recently. He founded the duty free shops. When he sold the company, he and his partner walked away with billions.
Feeney's goal - to give it all away anonymously. Thru a lawsuit, people were able to tie the money back the Mr Feeney. But he gave it all away.
Feeney's goal - to give it all away anonymously. Thru a lawsuit, people were able to tie the money back the Mr Feeney. But he gave it all away.
I tried to get Kurtz's info, I wanted to reach out personally to him, as a only child raised by a single mom tell him how much SHU meant 2 me ya know and just talk ......
That's a nice number especially when you remember that Seton Hall got a slow start on the NIL stuff. Seems like the school is making it a priority, which it absolutely has to. Many of us may not like that reality, but that doesn't make it any less true.
I've heard different things about the UCONN NIL as far as funding goes (collectives, big time donors, or some combination). What is the deal with you guys, because I know Demary, Ball, Reed and the top 5 class you have alone probably required substantial NIL, not even accounting for Stewart, what it Karaban will get if he returns, the Acadia Lewis recruitment, if Malachi can be solid as a rotation/sixth man role, etc.
So we just shut down our not for profit collective and funds were transferred to another collective. The university got a really good jump on the NIL issue so we were out in front on it. We have some deep pocketed supporters, some well position supporters who would be able to help kids down the line in non-monetary fashions, and a pretty rabid fan base . The governor is a big fan of the program as well, so if the House settlement actually goes through at some point, I think we will be as well positioned as we can be.
Semi related question: what are you guys think about the big four commissioners coming out and whining that they need governmental help to fix the NIL issue? Are they just positioning themselves not to be the villains, hopefully protecting them a bit from antitrust suits, or did this the monster that they helped to create get out of hand for them? I do think that the fact that basketball only schools could direct more of their revenue share towards basketball players under the current proposed deal caught them unaware.
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Personally this strikes me as similar to when the baseball owners years ago (allegedly) colluded to not give out high contracts because they couldn’t control themselves.
They are asking for “price controls” that they themselves cannot employ.
They could care less about the “equity” of competition, they only care to have a system that guarantees them the bulk of the revenues and the platitudes.
I’m sure they feel like if they leave things as they are…. You could have rogue “financing” occur (ie Repole, and god forbid the Ivy’s ) decide they want to control the athletic field.
This whole thing reaks, but schools like Seton Hall need some structure around the system…even if it comes with trade offs
It is good and bad.
College sports needs legislation that will likely include an exemption or exception to Antitrust laws. It is the only way to place guardrails on this wild spending and movement between schools.
The non P4 schools could be left in the dust with no one looking out for their interests. If revenue sharing actually helps the Big East, you can be sure the P4 teams will change the rules. As it is, the settlement will be overseen and managed by the p4.
This. If deregulation and de facto free agency was going to benefit the P4 to the exclusion of everyone else, why would they want government intervention? The fact that they're seeking it, if they sincerely are, would seem to be an indication that there was a "oops" moment of realization in their machinations. If they are lobbying the government, it won't be for things that help Seton Hall, or Connecticut for that matter.
It has been written many times over the years that , with rare exceptions, athletic departments run in the red. Even the highest earning schools spend $ like instagram "models" and for them football is like Methamphetamine. Football schools have been impacted greatly by NIL and if left unchecked it will not be sustainable for them or their supporters in the future.
BE schools , except UConn , have much smaller alumni numbers and is a disadvantage. But as a conference we have an advantage with BB that has 13 players and really only need to have 7 good or great ones.
I’m looking forward to these two P5 commits this week
I’m looking forward to these 2 P5 signing this week…
