I vehemently disagree with this post, in its entirety.
Don’t confuse the last 25 years of Miami basketball with how things have to be. Ideally, this new arena is a big step into pushing MBB forward.
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I prefer to be optimistic about our future also. NIL and portal and who knows what comes next are here and gone quickly. I mean is NIL even a thing at this point? At some point things will settle down and there will be more structure. Basketball teams only have 5 starters and rich teams are not going to keep 15 each. It would be too expensive and good players are going to want to play and have chances to be a star and have the ball in their hands. They are not going to want to be option number 11. There are always going to be good players available for our level.
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I was told that the plans call for a 6,000 seat Arena. I also was told that there would be two underground practice facilities, one for the men, one for the women. They want to be able to hold a wide variety of other events in the Arena and still have a place for the teams to get their work in.
I know that in this thread people have thrown out all kinds of things they would prefer and why, but I really think the process has moved beyond the brainstorming period and they have come up with a plan liked by the Administration, the Athletic department, and the Board of Trustees. Financially they have good reasons for building now instead of pouring $80 million into Millett. Plus the donor money has been committed to this particular plan. If we lose the donor (s) then this will end up costing the school far more money. That is not good for anybody, including the Faculty hoping for a raise.
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I think this is likely right. The next couple years things will shake out, with the practical and legal details of the new framework becoming clearer. Just as importantly, players will have a better idea of when it makes sense to jump to a new school, something lacking now which IMO will result in fewer departures than we see now.
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Good point about knowing when it’s a good idea to jump to a new school. Seems like a fairly high percentage of those who enter the portal have their expectations fall short.
If anyone doesn’t think the NIL is still a thing, ask Michigan U. Their collective just bought a new QB for next year. $10 million plus incentives.
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With respect to basketball only (not including other possible functions), I really think a 6,000 seat arena is a perfect size.
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I agree. How many floor seats could be put in for concerts, etc?
It’s still a thing, but like the old song sang “it’s your thing, do what you wanna do.” We don’t have to play this dumb NIL game like everyone else. We should decide what works for us. Joe Morehead who just beat Toledo in football said something along these lines: “we have no NIL money so the kids who come here come with a chance to play. Nothing more.” Dude just summed up what I think is our advantage. Great campus. Great academic rep. Great coaches. Great tradition. And… we can actually pay a little. We can win with this dynamic. Prolly pretty big.
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Money talks
When this first started it was all about making money off your name, image,and likeness (NIL). Now it seems to have changed to just out and out paying the players. That is what I mean when I say is NIL still a thing.
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Ellison went to Illinois and then a bit at Univ of Chicago, but NOT Michigan. Interesting…
This is a complete joke and waste of money. This is not what college sports is supposed to be or represent. I am extremely disappointed to see the destruction of college sports over the past 25+ years. This will only get worse until the system implodes. I’m waiting for the bigger contract deal report for Underwood to go to OSU next.
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That dude will be making like 10x more than Brock Purdy this season lol, what a joke.
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I’m not sure how the arena thread has turned into an NIL thread, but I think there are some inaccurate thoughts being thrown around.
If you think Miami doesn’t have a handful of guys getting paid, you’re wrong. And if you think Miami’s collective doesn’t realize that holding onto the right guy can change a basketball season, you’re also wrong. The difference is the budget. OSU can buy at least 85 football players and 13 basketball players. Miami has to be deliberate. But there’s a reason Miami hasn’t been as decimated as most teams in the MAC, along with recruiting the right guys and having some coaching consistency.
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Jive, you seem to have some insights here. Can you divulge the total amount of Miami football NIL money this year and how that compares to other MAC schools?
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Not as final a “done deal”, as you think.
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So elaborate.
The initial strategy of the Redbrick NIL fund is to focus $$ on saving key existing players - this season the fund was able to compensate 3 key players that I am aware of - all 3 had options to go elsewhere. I won’t share more details here, but the goal for next season is to save more existing players from transferring. It’s very early for the fund and the idea is to grow corporate and individual participation each year.
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Great to hear your info. Even better that we are able to pay NIL to our most important players. Bball must be in a position to retain the foundation of our roster in order to sustain a successful, winning program long term.
Thanks.
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I would like to make a contribution to this fund- please send me contact info
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