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54 minutes ago, MuellerHorn said:

For sure, I'm curious what it was going into Beard's second season (obviously Texas wasn't in the SEC then, but just number wise) and what it would be like with legitimate excitement around the program again.

If Beard were still here, I have no doubt we’d be top or right at the top (probably not above Kentucky) of spending in the SEC. If we hit on the next coach, I expect it will be the same. 

Edited by Burt Macklin
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1 hour ago, MuellerHorn said:

For sure, I'm curious what it was going into Beard's second season (obviously Texas wasn't in the SEC then, but just number wise) and what it would be like with legitimate excitement around the program again.

Beard was getting whatever he wanted. 

Terry’s not getting shorted when it comes to chasing 5 stars from HS. He has a supportive but concerned group of patrons watching things. He’s a terrible fundraiser. 

In any event, Arkansas has a shit ton of NIL backing Caipari and they flat out suck. 

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On 1/16/2025 at 6:34 PM, immamac said:

This is the dumbest shit I've ever read in my life. These people are completely disconnected from reality. 

T9u have read my posts, as well as Futureman, Helobious, and Satyas post, right?

2 hours ago, MuellerHorn said:

Interesting

image.thumb.png.91f8b0f814540c38091dbf4262e8cbab.png

Terry is gone after this season, right?

We're not a basketball program, but we've put a lot of 1st round guys in the league. We aren't a blue blood, but we aren't just meh on the program. 

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37 minutes ago, BurntOrange&White said:

John Travolta Wallet GIF

Yeah, clearly, OU’s recruiting hasn’t taken a step up, nor has Texas taken a step down. Is it because OU doesn’t know how to allocate the funds, yet, between sports and players? Have their donors said they are out once AD money is in? I don’t know and am hoping someone can shed light on 

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34 minutes ago, BurntOrange&White said:

 

it's open season. someone will file a lawsuit to transfer outside the portal 'windows', and they'll win .....

 

BREAKING: The NCAA has reached a settlement agreement in its NIL lawsuit with the University of Tennessee.

NIL collectives can permanently negotiate deals directly with high school and transfer portal players before committing.

The NCAA is officially dead in college athletics.

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4 minutes ago, tx 3 putt said:

 

it's open season. someone will file a lawsuit to transfer outside the portal 'windows', and they'll win .....

 

BREAKING: The NCAA has reached a settlement agreement in its NIL lawsuit with the University of Tennessee.

NIL collectives can permanently negotiate deals directly with high school and transfer portal players before committing.

The NCAA is officially dead in college athletics.

At this point what’s the point of following ncaa rules when all you have to do is sue them? Obviously follow state law and law to protect the 501c3 one fund status but as far as NCAA goes, fuck em 

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On 1/31/2025 at 5:39 PM, Rimbo said:

so, ncaa, what exactly is it that you do here

NCAA enforcement always relied on the schools submitting to it. That worked for decades. Then, Auburn (Can Newton) and TAMU (Manziel) said, in response to (well substantiated) NCAA allegations of cheating - “we’ll see you in court”. The NCAA has always been toothless without the schools willingly submitting. 
 
If there are ever to be rules, again, the enforcement body will have to be submitted to, willingly. My guess is that the rules will have to be set and enforced by whoever is distributing the money. 

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2 minutes ago, BornAndRaised said:

@RGBIII does this have any repercussions for TOF as a 5013c entity? I'm hoping not since they already have the tax designation, but could it get rescinded?

1886430466833604962.webp

 

@SquishMitten can offer a better opinion. The day has always likely been coming, but there's safe harbor for everyone who participated before anything gets rescinded, I believe.

 

 

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I’ve got to do some more reading up on that, but once everybody started copying us (and being fucking idiots and grifters with it), I’ve been waiting for the IRS to change their tune. I still believe the way we’ve run it is absolutely above board and in line with the purpose of a tax exempt organization, but there’s always the chance we get wiped out with an overly broad stroke of policy making.

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And also, yes. As CTJ said, all donations made up until the date we (hypothetically) lose our tax exempt status remain tax exempt. The IRS can’t come back and change that, at least not without a showing of fraud or something, which there absolutely has not been with us…can’t speak for some schools though. I think a few might be puckering up a bit. 

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26 minutes ago, BurntOrange&White said:

Do you think donations would decrease with the potential loss of the 501c3 status?

This is my personal opionion.

That is an inevitability, for at least a chunk, maybe most, of people donating. Keep will donate less if they can't deduct it from their taxes. My hope is that the fall off isn't as huge as one might fear, becuase now that the concept has been proven and results have been given, and the fucking idiots have stopped viewing this as distasteful (to a certain degree), the high from having a resurgent program will keep a lot of donators donating. 

This is also my general hope if the NCAA were ever to get invovled, collective bargaining to become a reality, etc. Texas alumns, finally, have a stark illustratoin of what the SEC was up to in regards to paying players before NIL. We can't shove ourselves back in the locker if the lanscape changes again and yield to the bag hags. 
 

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1 hour ago, BurntOrange&White said:

Do you think donations would decrease with the potential loss of the 501c3 status?

I would imagine so. @closetojumping and @RGBIII might be better situated to answer that since they’re far more involved on the donor side than I am and might have a better idea of how many of the big donors are doing it primarily for tax purposes. Doubt it changes much for the small- to mid-tier guys though. 

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3 hours ago, BurntOrange&White said:

Do you think donations would decrease with the potential loss of the 501c3 status?

This is a certainty. I don't have any special insights on that happening, but I have fairly decent common sense, I hope, and it seems obvious that that would have a generally negative impact on "giving". 

2 hours ago, SydneyCarton said:

This is my personal opionion.

That is an inevitability, for at least a chunk, maybe most, of people donating. Keep will donate less if they can't deduct it from their taxes. My hope is that the fall off isn't as huge as one might fear, becuase now that the concept has been proven and results have been given, and the fucking idiots have stopped viewing this as distasteful (to a certain degree), the high from having a resurgent program will keep a lot of donators donating. 

This is also my general hope if the NCAA were ever to get invovled, collective bargaining to become a reality, etc. Texas alumns, finally, have a stark illustratoin of what the SEC was up to in regards to paying players before NIL. We can't shove ourselves back in the locker if the lanscape changes again and yield to the bag hags. 
 

Without going into details for hopefully obvious reasons, I can say that as of last week, there are two things I feel fine with the board knowing:

1) There's a C-corp in existence under TOF lying fallow. It was requested by some of the larger donors for ease of transition in the event of the IRS rescinding the 501(c)3 status. Folks want to ensure competitiveness for the different UT sports programs regardless of tax benefits. The tax benefits absolutely help, though.

2) While a recent development, Del Conte and the powers-that-be throughout the AD and UT admin have a clear understanding that there is going to be an ongoing need to an active and helpful external NIL program long after the AD is able to start sharing revenue. Thankfully, some of these other dumbass institutions cannot keep their mouths shut and have stated quite clearly that they're going to use NIL collectives as a topper to win talent acquisition after the House Settlement "makes all things otherwise equal". 

2 hours ago, SquishMitten said:

I would imagine so. @closetojumping and @RGBIII might be better situated to answer that since they’re far more involved on the donor side than I am and might have a better idea of how many of the big donors are doing it primarily for tax purposes. Doubt it changes much for the small- to mid-tier guys though. 

Most of the money isn't doing this for tax purposes, but that certainly helps. Like I said, I think losing 501(c)3 status would have a generally negative impact on giving, but I don't think it would be some sort of crushing blow. The past, present and future scenarios have been hashed and rehashed with the bigger donors.

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