Want to help Tennessee NIL (Spyre Sports)?

#76
#76
TNnative said:
Oh, BS! I am not donating to NIL. If I am gonna donate to anything, it will be sick kids, disease research, or something else that I know will be well invested. Not to buy tacos.
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I don’t blame you but there are plenty that have extra and want UT to be competitive
 
#77
#77
stillavol said:
Will they be putting out monthly or quarterly statements to those who contribute? Since the university hired them, I assume they have received quite a bit of money from the big time boosters? While I'm sure they are probably legit, showing expenses, staff salaries, etc should be required. As mentioned before if 100k sign up for $20 a month, that's over 20 million a year. A good chunk of change with no regulations it seems.
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The University didn’t and cannot hire them. This is them “coordinating NIL deals”. They’re basically the new central handler/bag man and we’re all contributing bag men

This is just a legal way to do what all the top schools were already doing. Now we have an opportunity to reach a much bigger donor base (us) since it’s legal to openly solicit donations. We’re one of the few schools doing this (the only one I’ve heard), which puts us ahead of the game.

And honestly we should remain at the top since we have one of the largest and passionate fan bases even in tough times. That will only increase with more success
 
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#79
#79
707 Athletes on scholarship at UT (350 men, 357 women) Say there's another 293 walkons, $50M would average $50K per athlete on top of the $25k education for the schollys.
 
#82
#82
TNnative said:
Oh, BS! I am not donating to NIL. If I am gonna donate to anything, it will be sick kids, disease research, or something else that I know will be well invested. Not to buy tacos.
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If you are in a position to only donate to one or the other then you've made the right choice. I think this is a good idea and a small price if you want to see UT win. Still, we'll give a lot more to charity than this.... we gave more to the local crisis pregnancy center alone than we would give to this....
 
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#85
#85
T2P_Priceless said:
The University didn’t and cannot hire them. This is them “coordinating NIL deals”. They’re basically the new central handler/bag man and we’re all contributing bag men

This is just a legal way to do what all the top schools were already doing. Now we have an opportunity to reach a much bigger donor base (us) since it’s legal to openly solicit donations. We’re one of the few schools doing this (the only one I’ve heard), which puts us ahead of the game.

And honestly we should remain at the top since we have one of the largest and passionate fan bases even in tough times. That will only increase with more success
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Sounds like there are no regulations and I guess the same at other schools. Though other schools seemed to be funded by major boosters (not the fans). Just curious if they have released the players names they signed deals with.
 
#86
#86
Spyre is just one mechanism to fill NIL coffers, but not the only one. Spyre takes the approach of funding directly from fans while others are corporate/business sponsors. Spyre will likely also have competition. That entities are taking such an approach does not mean corporate & booster NIL entities aren't operating and will continue to expand. Rather, it should be seen as a counterbalance to schools in regions with a larger corporate base.

Further, while schools cannot pay players, they can form non-compensated partnerships with NIL entities, and assist athletes with the challenge of creating and managing a brand. For example:
"Tennessee Athletics has initiated multiple strategic partnerships aimed at proactively equipping its student-athletes with the most comprehensive collection of resources to capitalize on impending Name, Image and Likeness (NIL) legislation.

In addition to securing the services and expertise of leading-edge NIL-focused firm Altius Sports Partners, Tennessee Athletics also has worked closely with on-campus experts to enhance the university’s for-credit Entrepreneurship minor in UT’s Haslam College of Business. A recent leadership gift from an anonymous Tennessee Fund donor has been earmarked for continued development of the university’s NIL-centric academic programming as well.

“Educating our student-athletes is the key to helping them maximize their opportunities relative to NIL,” Tennessee Vice Chancellor/Director of Athletics Danny White said. “As an institution of higher learning, it was important that our NIL program include a comprehensive educational component. This program assures current and future Vols and Lady Vols that the University of Tennessee is prepared to guide them in effectively managing, expanding and enhancing the value of their personal brands.” more at
Tennessee Athletics Deploying Comprehensive NIL Resources for Student-Athletes, Expanding Entrepreneurship Minor with Haslam College of Business - University of Tennessee Athletics

College football as we knew it, is dead. You can either accept it for what it is and support it, or complain and belly-ache about why you aren't, and whine about the state of the program. But - at $19.51 a month - you don't get to do both.

Or find another pastime.
 
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#87
#87
NCFisher said:
Spyre is just one mechanism to fill NIL coffers, but not the only one. Spyre takes the approach of funding directly from fans while others are corporate/business sponsors. Spyre will likely also have competition. That entities are taking such an approach does not mean corporate & booster NIL entities aren't operating and will continue to expand. Rather, it should be seen as a counterbalance to schools in regions with a larger corporate base.

Further, while schools cannot pay players, they can form non-compensated partnerships with NIL entities, and assist athletes with the challenge of creating and managing a brand. For example:
"Tennessee Athletics has initiated multiple strategic partnerships aimed at proactively equipping its student-athletes with the most comprehensive collection of resources to capitalize on impending Name, Image and Likeness (NIL) legislation.

In addition to securing the services and expertise of leading-edge NIL-focused firm Altius Sports Partners, Tennessee Athletics also has worked closely with on-campus experts to enhance the university’s for-credit Entrepreneurship minor in UT’s Haslam College of Business. A recent leadership gift from an anonymous Tennessee Fund donor has been earmarked for continued development of the university’s NIL-centric academic programming as well.

“Educating our student-athletes is the key to helping them maximize their opportunities relative to NIL,” Tennessee Vice Chancellor/Director of Athletics Danny White said. “As an institution of higher learning, it was important that our NIL program include a comprehensive educational component. This program assures current and future Vols and Lady Vols that the University of Tennessee is prepared to guide them in effectively managing, expanding and enhancing the value of their personal brands.” more at
Tennessee Athletics Deploying Comprehensive NIL Resources for Student-Athletes, Expanding Entrepreneurship Minor with Haslam College of Business - University of Tennessee Athletics

College football as we knew it, is dead. You can either accept it for what it is and support it, or complain and belly-ache about why you aren't, and whine about the state of the program. But - at $19.51 a month - you don't get to do both.

Or find another pastime.
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Did the 19.51 donation.

Once Spyre gets more established and I feel like I can trust them, I'll increase my donation.

Not sure if they allow custom donations.
 
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#93
#93
I’m a grown-arse man, so I don’t wear jerseys, but I’m SOOOOORELY tempted by that Heath Shuler drip.
 
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#98
#98
Let the fans donate to spyre and let the boosters build the buildings. 30,000 donate 19.51 that's over 500,000 a month. It's really not that unfeasible a number.
 
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