The Sicatoka Posted July 14, 2023 Share Posted July 14, 2023 UND plans to spend nearly $1 million annually in Alston Awards to athletes The 701 Award will be contingent on academic performance and retention. https://www.grandforksherald.com/sports/und-hockey/und-plans-to-spend-nearly-1-million-annually-in-alston-awards-to-athletes 2 Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted July 14, 2023 Author Share Posted July 14, 2023 Someone tell me again how Chaves and Martinson are not doing things. Quote "The university is assisting us for a period of time, so our fundraisers can get on the road and get donors excited about it," Chaves said. "In the short term, we've already met with certain folks and they're excited about it." The UND Alumni Association and Foundation has launched a webpage seeking donations for the 701 Award. Mike Mannausau, the vice president of the Alumni Association, said his team is currently informing donors about the program, why they're doing it and how it will help. "We made decisions three-to-four years ago to put us in a revenue model where we're able to do this," UND deputy athletic director Erik Martinson said. "We're really proud of what we're trying to do and where we're doing it." 1 1 Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted July 14, 2023 Author Share Posted July 14, 2023 The NCAA sent out a Q&A to members clarifying some NIL activities are impermissible. Here's a sampling of them: Quote Question: Are boosters or a collection of boosters permitted to have contact with prospective student-athletes (PSA) and discuss potential NIL opportunities should the individual decide to attend a particular school? Answer: No. A booster or collection of boosters is not permitted to engage in recruiting activities, including recruiting conversations. When a booster’s interaction with a PSA includes encouraging the PSA to attend an institution, NCAA rules have been violated. Question: It is clear that institutions may not compensate a student-athlete for use of NIL. Is it permissible for an entity closely associated with an institution to compensate student-athletes for use of their NIL? Answer: No. Institutions may not use NIL transactions to compensate student-athletes for athletics participation or achievement or as an improper inducement. Any entity that is so closely aligned with an institution that it is viewed as an extension of the university is subject to the same NIL scrutiny as the institution and must adhere to NCAA rules and policy. This includes the prohibition on compensating student-athletes for use of their NIL. Further, institutions are accountable for such entities since they meet the NCAA’s definition of a booster — even if the group is formed as a separate 501(c)(3). "It would seem, at this moment, the definition of NIL has different interpretations around the country," Chaves said. Quote Link to comment Share on other sites More sharing options...
SWSiouxMN Posted July 14, 2023 Share Posted July 14, 2023 So, what UND is basically saying is this: We have NIL, it just looks a little different. 1 Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted July 14, 2023 Author Share Posted July 14, 2023 1 minute ago, SWSiouxMN said: So, what UND is basically saying is this: We have NIL, it just looks a little different ... ... and is less likely to be found in non-compliance with NCAA rules. 1 Quote Link to comment Share on other sites More sharing options...
Nodak78 Posted July 14, 2023 Share Posted July 14, 2023 This a good thing for all involved. UND, student athletes and donors!!!! Excellent work. Quote Link to comment Share on other sites More sharing options...
AJS Posted July 14, 2023 Share Posted July 14, 2023 This is a huge deal. Great work by Chaves and Co! The $ amount per year is so much more than I anticipated. 1 Quote Link to comment Share on other sites More sharing options...
InHeavenThereIsNoBeer Posted July 14, 2023 Share Posted July 14, 2023 Big deal for competing for recruits vs Big Ten Schools, great news and great timing! Quote Link to comment Share on other sites More sharing options...
forksandspoons Posted July 14, 2023 Share Posted July 14, 2023 Let’s go! Great way to give to UND Athletics and recruit top notch student athletes in all sports! This is awesome! Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted July 14, 2023 Author Share Posted July 14, 2023 18 minutes ago, InHeavenThereIsNoBeer said: Big deal for competing for recruits vs Big Ten Schools, great news and great timing! I'm guessing the timing is no accident or coincidence. 2 Quote Link to comment Share on other sites More sharing options...
forksandspoons Posted July 14, 2023 Share Posted July 14, 2023 Link to donate. You can also choose the sport you want it to go to: https://undfoundation.org/701-award Quote Link to comment Share on other sites More sharing options...
InHeavenThereIsNoBeer Posted July 14, 2023 Share Posted July 14, 2023 50 minutes ago, The Sicatoka said: I'm guessing the timing is no accident or coincidence. Probably not but glad they got it hammered out in time for recruiting to open up in a couple weeks. Quote Link to comment Share on other sites More sharing options...
fightingsioux4life Posted July 14, 2023 Share Posted July 14, 2023 Props to Chaves and Martinson for spearheading this! 1 Quote Link to comment Share on other sites More sharing options...
SWSiouxMN Posted July 14, 2023 Share Posted July 14, 2023 30 minutes ago, forksandspoons said: Link to donate. You can also choose the sport you want it to go to: https://undfoundation.org/701-award This to me, is the 2nd most important piece. 2 Quote Link to comment Share on other sites More sharing options...
nodakvindy Posted July 14, 2023 Share Posted July 14, 2023 Glad to see UND is focusing on the academic side and particularly that there is a benefit for loyalty. NIL collectives are just a pandora's box, and while the NCAA may not be regulating them well, you can bet the IRS will be. I fully expect in a couple of years, "student-athletes" being bankrupt from tax fines and penalties, much like pro athletes are with terrible investments. Don't know what kind of requirements the U has, but it wouldn't be a terrible idea for all incoming athletes to get a boot camp in finance, media training and social media much like the pro sports leagues do with incoming rookies. 2 Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted July 14, 2023 Author Share Posted July 14, 2023 UND's 701 Awards - capped at $5980 a year; by comparison ... Quote The NIL technology company Opendorse found that among NIL deals completed or disclosed through its platform from July 1, 2021 through Aug. 31, 2022, Division I athletes earned an average of $3,063. https://www.on3.com/college/wisconsin-badgers/news/alston-awards-ncaa-v-alston-supreme-court-of-the-united-states-brett-kavanaugh/ 3 Quote Link to comment Share on other sites More sharing options...
andtheHomeoftheSIOUX!! Posted July 14, 2023 Share Posted July 14, 2023 1 minute ago, The Sicatoka said: UND's 701 Awards - capped at $5980 a year; by comparison ... https://www.on3.com/college/wisconsin-badgers/news/alston-awards-ncaa-v-alston-supreme-court-of-the-united-states-brett-kavanaugh/ Some quick math shows that $1,000,000 (the approximate figure used in the Herald article) divided by $5,980 is just over 167. Any idea how many student athletes are at UND? Quote Link to comment Share on other sites More sharing options...
jdub27 Posted July 14, 2023 Share Posted July 14, 2023 29 minutes ago, andtheHomeoftheSIOUX!! said: Some quick math shows that $1,000,000 (the approximate figure used in the Herald article) divided by $5,980 is just over 167. Any idea how many student athletes are at UND? About double that. 2022 EADA report showed 341 in unduplicated participation numbers, however 7 of those were practice players. Each team will get an allocation of funds to give out as the coaches deem appropriate (assuming eligibility criteria per the guidelines is met). Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted July 14, 2023 Author Share Posted July 14, 2023 37 minutes ago, andtheHomeoftheSIOUX!! said: Any idea how many student athletes are at UND? Total: 215M, 198W for 413 Unduplicated* head count: 188M, 153W for 341 *This is a head count. If an individual participates on more than one team, count that individual only once on this line. <- This is where your CC and ITF and OTF teams are much the same people. Quote Link to comment Share on other sites More sharing options...
CarpeRemote Posted July 15, 2023 Share Posted July 15, 2023 12 hours ago, SWSiouxMN said: So, what UND is basically saying is this: We have NIL, it just looks a little different. It’s definitely not NIL, there is a cap, and for hockey fans the team will see only a fraction of the $. It won’t compete with Michigan’s NIL for the top players but it’s a very good thing and it helps, well done UND. I’ll set up a revolving donation. The article put the worst possible slant on charitable collectives, but the big ones like Ohio State’s are run very well and will comply with IRS rules. I donate and never planned to deduct. The Texas collective already has a disclaimer about deductibility Since there’s little interest in a UND collective our players will need to do it on their own. Players with a lot of social media followers should monetize it. There’s a lot of businesses that would pay UND hockey players monthly, including car leases, for various forms of advertising—social media, billboards, … 1 Quote Link to comment Share on other sites More sharing options...
NoiseInsideMyHead Posted July 15, 2023 Share Posted July 15, 2023 22 hours ago, The Sicatoka said: UND plans to spend nearly $1 million annually in Alston Awards to athletes The 701 Award will be contingent on academic performance and retention. https://www.grandforksherald.com/sports/und-hockey/und-plans-to-spend-nearly-1-million-annually-in-alston-awards-to-athletes From the photo in the linked article, looks like Mom in Row A is utterly horrified and doesn't want Junior to hear any part of what Bill is saying. Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted July 16, 2023 Author Share Posted July 16, 2023 That’s one of our nattering nabobs of negativism being protected from learning Chaves gets important work done. 1 Quote Link to comment Share on other sites More sharing options...
The Sicatoka Posted July 17, 2023 Author Share Posted July 17, 2023 Full story, no paywall: https://sports.yahoo.com/und-plans-spend-nearly-1-003200880.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAI33thZ9HM9aQw5sbV9dtGMPSmSK1DuDsV0HeTtTueE6oYqkxeZRMQ70HxL369JfVxfXF0UIxtQJ-5WaoVrU5bt4gqOmCA3Q6twELzUKBqTcbj4RVYGirgIhF17huMJo_WMi_q1hoGMFPDr4QW1TK-kSYJ0oAZHVGD2kIRdIulw- Quote Link to comment Share on other sites More sharing options...
AJS Posted July 18, 2023 Share Posted July 18, 2023 4 Quote Link to comment Share on other sites More sharing options...
Dustin Posted July 18, 2023 Share Posted July 18, 2023 Pretty damn cool that we are leading the way with this. 2 Quote Link to comment Share on other sites More sharing options...
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