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NIL Collective

mthoopsfan said:
hubcap said:
This NIL Collective by IVOVI is a total joke. Nothing was done and no money was given out to players. This is a big problem. MSU already has theirs going and is dishing out money to players. It’s time somebody else takes this over. There is no excuse for the delay in rolling this thing out.

I asked several players if they received anything from it. Not one had.
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So far most of the money is going to the Cheer Squad. More of them are going to NFL these days.
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Exactly. More cheerleaders than players...
 
RoseyMustGo said:
Spanky2 said:
Is IVOVI the only choice? The name itself is a turn off.
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I am going to contact Haslam about our NIL efforts. If I can discuss this with him, I'll let the board know what he says. One would think that the NIL program would be top priority in today's environment.
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Might be helpful to read this first. It doesn't seem like Haslam or any other member of the University staff would be anywhere near this. It's a booster thing, that has emerged from the under-table-days of yore.

Not suggesting or endorsing this guy or his start up. I have no idea what he's been able to do other than what's mentioned in the Kaimin article attached. But from years of making my living as a marketer, I'd suggest they're not putting enough effort into to it to be successful. On the other hand, given current the current economic climate, it may not be as easy as you might think to draw interest and/or funds. But you have to start somewhere, so maybe an actual webpage that folks who are looking to find out what is possible might reference.

http://www.montanakaimin.com/sports/what-you-need-to-know-about-um-s-athlete-likeness-collective/article_964140f0-298e-11ed-a1af-b388167b1585.html
 
bgbigdog said:
RoseyMustGo said:
I am going to contact Haslam about our NIL efforts. If I can discuss this with him, I'll let the board know what he says. One would think that the NIL program would be top priority in today's environment.
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Might be helpful to read this first. It doesn't seem like Haslam or any other member of the University staff would be anywhere near this. It's a booster thing, that has emerged from the under-table-days of yore.

Not suggesting or endorsing this guy or his start up. I have no idea what he's been able to do other than what's mentioned in the Kaimin article attached. But from years of making my living as a marketer, I'd suggest they're not putting enough effort into to it to be successful. On the other hand, given current the current economic climate, it may not be as easy as you might think to draw interest and/or funds. But you have to start somewhere, so maybe an actual webpage that folks who are looking to find out what is possible might reference.

http://www.montanakaimin.com/sports/what-you-need-to-know-about-um-s-athlete-likeness-collective/article_964140f0-298e-11ed-a1af-b388167b1585.html
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Great info. Thanks for the link. I just talked to a fan of the U. of Georgia. He said that their NIL strategy is to ask each alumni/fan to donate $25/month to the NIL fund. That's quite a bit of money for many Montana fans ($300/year). But I think it shows the strategy being used by the bigger schools to fund their NIL.
I agree that the guy who started our NIL fund is not marketing it to the extent needed. I didn't know that our athletic department could not be involved in any way with NIL. Good info.
I think we should put mthoopsfan in charge of NIL. He claims to know, or to be good, or very good friends (his words) with every important person associated with Grizzly athletics. He would be the perfect individual to tackle this NIL thing, instead of wasting his significant money and connections on a message board.
 
RoseyMustGo said:
bgbigdog said:
Might be helpful to read this first. It doesn't seem like Haslam or any other member of the University staff would be anywhere near this. It's a booster thing, that has emerged from the under-table-days of yore.

Not suggesting or endorsing this guy or his start up. I have no idea what he's been able to do other than what's mentioned in the Kaimin article attached. But from years of making my living as a marketer, I'd suggest they're not putting enough effort into to it to be successful. On the other hand, given current the current economic climate, it may not be as easy as you might think to draw interest and/or funds. But you have to start somewhere, so maybe an actual webpage that folks who are looking to find out what is possible might reference.

http://www.montanakaimin.com/sports/what-you-need-to-know-about-um-s-athlete-likeness-collective/article_964140f0-298e-11ed-a1af-b388167b1585.html
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Great info. Thanks for the link. I just talked to a fan of the U. of Georgia. He said that their NIL strategy is to ask each alumni/fan to donate $25/month to the NIL fund. That's quite a bit of money for many Montana fans ($300/year). But I think it shows the strategy being used by the bigger schools to fund their NIL.
I agree that the guy who started our NIL fund is not marketing it to the extent needed. I didn't know that our athletic department could not be involved in any way with NIL. Good info.
I think we should put mthoopsfan in charge of NIL. He claims to know, or to be good, or very good friends (his words) with every important person associated with Grizzly athletics. He would be the perfect individual to tackle this NIL thing, instead of wasting his significant money and connections on a message board.
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You didn't know that schools' athletic departments couldn't be involved with NIL? Now, that's pretty fun. What an astute college football fan you are. Where have you been?
 
hubcap said:
This NIL Collective by IVOVI is a total joke. Nothing was done and no money was given out to players. This is a big problem. MSU already has theirs going and is dishing out money to players. It’s time somebody else takes this over. There is no excuse for the delay in rolling this thing out.

I asked several players if they received anything from it. Not one had.
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I know for a fact that at least two different players received some NIL money for doing some nonprofit work through the NIL
 
Fahque said:
hubcap said:
This NIL Collective by IVOVI is a total joke. Nothing was done and no money was given out to players. This is a big problem. MSU already has theirs going and is dishing out money to players. It’s time somebody else takes this over. There is no excuse for the delay in rolling this thing out.

I asked several players if they received anything from it. Not one had.
Click to expand...

I know for a fact that at least two different players received some NIL money for doing some nonprofit work through the NIL
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I know of at least one player that received some money through this guy and he took a percentage of the money. Not hardly an NIL payout. Acted more like an agent. The player wasn’t too happy about the arrangement. The NIL payout is supposed to happen across the team. That did not happen. At least 5 other players received money and at least one guy received five figures of payout. None of it occurred through this collective. This NIL Collective is a joke. UM needs to get this figured out or recruiting is going to get even harder.
 
kemajic said:
mthoopsfan said:
Do you think UM would have a huge NIL fund to complete if it moved to FBS?
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How about competing with NDSU today?
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Hell, how about competing with MSU at this point? They’re already light years ahead of us on this issue.
 
hubcap said:
Fahque said:
I know for a fact that at least two different players received some NIL money for doing some nonprofit work through the NIL
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I know of at least one player that received some money through this guy and he took a percentage of the money. Not hardly an NIL payout. Acted more like an agent. The player wasn’t too happy about the arrangement. The NIL payout is supposed to happen across the team. That did not happen. At least 5 other players received money and at least one guy received five figures of payout. None of it occurred through this collective. This NIL Collective is a joke. UM needs to get this figured out or recruiting is going to get even harder.
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Many of the players also turned down opportunities through the NIL so that isn't on the collective, that is on them. The two players I know received money through it received a certain, agreed-upon, amount and the amount that Toby/the NIL received was an additional charge to that.
 
Fahque said:
hubcap said:
I know of at least one player that received some money through this guy and he took a percentage of the money. Not hardly an NIL payout. Acted more like an agent. The player wasn’t too happy about the arrangement. The NIL payout is supposed to happen across the team. That did not happen. At least 5 other players received money and at least one guy received five figures of payout. None of it occurred through this collective. This NIL Collective is a joke. UM needs to get this figured out or recruiting is going to get even harder.
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Many of the players also turned down opportunities through the NIL so that isn't on the collective, that is on them. The two players I know received money through it received a certain, agreed-upon, amount and the amount that Toby/the NIL received was an additional charge to that.
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The latest article I read was in September of 2022 and the nonprofit still hadn’t been setup. Maybe the article was wrong but if that is true, how was he able to take in the money? And if he isn’t taking in any money, how is he able to distribute from the collective. The first article came out in March of 2022. How in the hell does it take so long to set the legal stuff up? No excuse. Again, somebody else needs to take this over.
 
I've always gotten weird vibes from this NIL Collective, so it's not surprising in the least if shady shit is happening and it's not working out.
 
hubcap said:
Fahque said:
Many of the players also turned down opportunities through the NIL so that isn't on the collective, that is on them. The two players I know received money through it received a certain, agreed-upon, amount and the amount that Toby/the NIL received was an additional charge to that.
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The latest article I read was in September of 2022 and the nonprofit still hadn’t been setup. Maybe the article was wrong but if that is true, how was he able to take in the money? And if he isn’t taking in any money, how is he able to distribute from the collective. The first article came out in March of 2022. How in the hell does it take so long to set the legal stuff up? No excuse. Again, somebody else needs to take this over.
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The article was accurate. With the two players who I know did NIL work, it was in September and Toby had not yet set up the collective as a 501(c)(3) and was just operating as a regular business though I am not sure what type of business license he had or what he was registered as. Toby's wanting the collective to become a 501(c)(3) was so that people/businesses/organizations who want to support student athletes by hiring them through the collective to do promotions, commercials, endorsements, etc. could do so through the collective and have it be tax deductible. Not sure where he is in the process as of now though
 
uofmman1122 said:
I've always gotten weird vibes from this NIL Collective, so it's not surprising in the least if shady shit is happening and it's not working out.
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Or perhaps some overly optimistic, naive & incompetent shit is happening and it's not working out. If it were a competent grifter, this site would have a website and you'd be inundated with social media looking to promote it & those benefiting from it.

https://www.sportsbusinessjournal.com/Daily/Issues/2022/02/17/Marketing-and-Sponsorship/NIL-data.aspx
 
AZGrizFan said:
kemajic said:
How about competing with NDSU today?
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Hell, how about competing with MSU at this point? They’re already light years ahead of us on this issue.
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Years ago, Montana decided to keep their flagship universities' athletic departments under institutional control solely rather than cede them to foundations rendering both forever and always to small college level competitions. I was surprised while attending the Sugar Bowl how many people felt the Big 12 was losing billions by not stealing both Wyoming and MSU due to the amount of money in Jackson and Moonlight Basin on a interim basis while they visit their vacation homes.

PR is more than a little aware of what happens when disgruntled academic individuals refuse to cede control of athletic departments to foundations. His school will never appear in the top ten (or any school in that conference) again. Small College participation schools stuck playing each other or Patriot League patsies. But Harvard and Yale have decent Crew...and neither Montana Flagship schools have rowing! (UM should instead of having Rodeo but I digress).

NIL Collectives are wonderful in that they place the funding for athletes directly into those individuals instrumental in fund raising for the entire athletic department foundations rather than leaving it to a state controlled bunch of yo yos such as those at the Montana BOR. It's a good thing the institution can't have a thing to do with the NIL Collectives established for the athletes! Could you imagine Helena involved with them!!!!

College football is not just the window or front porch to a university, it is its lifeblood. There are more billionaires in and out of the Gallatin Valley on a daily basis than all of Missoula, Flathead and Lake County combined (except when Spanos is there and DeBartolo could gives a rat's ass about Griz football).

https://www.cbssports.com/college-football/news/inside-the-world-of-collectives-using-name-image-and-likeness-to-pay-college-athletes-influence-programs/
 
I had posted this back in late August after speaking directly to Toby Weida about all of it. His heart is in the right place and he’s trying to get this up and running the right way. These things do take some time but I don’t think he’s being sneaky or weird about it in any way. He has a nephew on the Griz roster as well:



I had a good conversation yesterday with Toby Weida. Toby is heading up and organizing IV0VI (406) Sports, which is the new NIL Collective Organization for Griz athletes.

A Collective provides an opportunity for Griz athletes to get connected to businesses, companies, or non profit groups and be compensated for Name, Image, and Likeness opportunities. We, as fans, have an opportunity to give $ and support this collective. If you own a business and want promotion from a Griz athlete, you have that opportunity to coordinate through this Collective as well.

This particular collective will have two arms, a general fund as well as an advertising fund. Toby is also organizing an effort to line up Griz athletes with non-profits across the state. In order for a Griz athlete to collect any type of NIL compensation, they have to provide something in return (an appearance, social media promotion, etc). They can’t just be “paid to play”. So this model allows them to collect $ from the collective and then provide NIL services to non-profits. It’s a pretty good idea and model in my opinion.

Toby has accountants lined up and is taking steps to make any donations tax deductible by setting up our collective as a non profit itself. Below is an article that McFeeley in Fargo just released on how Toby and the Griz are ahead of the curve on this in terms of FCS Collectives. It’s a good read. It sounds like Toby will have everything set up and ready to go in October/November. I would encourage all to consider donating to this cause.
 
hubcap said:
Fahque said:
I know for a fact that at least two different players received some NIL money for doing some nonprofit work through the NIL
Click to expand...

I know of at least one player that received some money through this guy and he took a percentage of the money. Not hardly an NIL payout. Acted more like an agent. The player wasn’t too happy about the arrangement. The NIL payout is supposed to happen across the team. That did not happen. At least 5 other players received money and at least one guy received five figures of payout. None of it occurred through this collective. This NIL Collective is a joke. UM needs to get this figured out or recruiting is going to get even harder.
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If this is all true we really need to take care of this. This isn’t just an inconvenience. Schools that don’t have their NIL payouts and process figured out and functioning are going to fall behind rapidly. Are people looking into this guy?
 
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