2024 UND Football

[shep]

2 hours ago, UNDBIZ said:

$1 million endowment will generate approximately $40,000 per year, so about 2 full scholarships.  Everything helps and those who give are greatly appreciated!

I'm with ya.

Just making the point that the salary for alleged amateurs is out of control.

[The Sicatoka]

3 hours ago, Bison Dan said:

How come hockey got double that?

No one has ever given more to NDSU FB than NDSU BB. 

[UND-FB-FAN]

4 hours ago, Bison Dan said:

How come hockey got double that?

Traditionalism, culture, and, my favorite of all, stupidity. 

[Teeder11]

11 minutes ago, UND-FB-FAN said:

Traditionalism, culture, and, my favorite of all, stupidity. 

The Mikkelsons are far from stupid people. Respectfully, you can spend your millions how you like.

[UND08]

5 hours ago, Bison Dan said:

How come hockey got double that?

Maybe because they don't view investing with Bubba to be worth their money...(ducks to avoid being hit with a tomato or a shoe)...

That's sarcasm btw...

Donors get to do what they want to do with their money.  It's an awesome gift...we should all be extremely grateful!

[The Sicatoka]

Dan threw a grenade hoping to incite a "versus" reaction. Why oblige him? Instead ... 

Be happy for $4,000,000.00 to UND Athletics scholarships plus another $1,000,000.00 for other areas. 

 

If I was a bomb-thrower I'd mention $5M is the same amount as an NDSU bailout from the State last summer ... luv-ya Dan ... 

[Sioux>Bison]

2 hours ago, UND-FB-FAN said:

Traditionalism, culture, and, my favorite of all, stupidity. 

Too bad you are poor

[GoodGood]

11 minutes ago, Sioux>Bison said:

Too bad you are poor

Please expand on that 

[90siouxfan]

Not sure whether Dan is more cringe than the local fans that spit thier vile on a donations.   Sometimes being a part of this community is embarrassing.  Curious if you pathetic wankers would act so rude if you were not anonymous.   My apologies to the Mikkelsen family if they are made aware of some of these comments. I appreciate your gift to the University and wish you well.

[shep]

What business are the Mikkelsons in?

[The Sicatoka]

12 hours ago, shep said:

What business are the Mikkelsons in?

https://edgewoodreit.com/people/dan-mikkelson/

[AJS]

On 6/6/2024 at 8:09 AM, UNDBIZ said:

$1 million endowment will generate approximately $40,000 per year, so about 2 full scholarships.  Everything helps and those who give are greatly appreciated!

Might be a dumb question on my part, but interested how this type of thing works with the yearly athletic budget. Using this as an example, is the $ equivalent of 63 Football scholarships added to the budget each year and if you have 2 as part of the endowment, you have 40K to spend elsewhere? Easier put, the athletic budget won't be 40K less, because the $ is already spoken for, correct?

[The Sicatoka]

Paging @nodak651 ... 

[nodak651]

4 hours ago, AJS said:

Might be a dumb question on my part, but interested how this type of thing works with the yearly athletic budget. Using this as an example, is the $ equivalent of 63 Football scholarships added to the budget each year and if you have 2 as part of the endowment, you have 40K to spend elsewhere? Easier put, the athletic budget won't be 40K less, because the $ is already spoken for, correct?

I don't know anything more than you, but your description is how I understand it to be.  I think scholarships are a line item expense that are treated the same as any other expense.  Like you, I guess, I would be curious to know what the budgeting process for UND athletics looks like - is there a set formula, or does funding from the university fluctuate based on need and/or the opinion of the president (and by how much)?  There's probably a written policy somewhere.  In either case, given that a large portion of the athletics budget is paid for through general funds from the university, the larger the endowments for athletics are, the more flexibility the school has to do things like funding for Alston awards, for example.  The picture below from the 22-23 champions club membership guide provides some basic info about this topic.

 

[jdub27]

53 minutes ago, nodak651 said:

I think scholarships are a line item expense that are treated the same as any other expense.

This is accurate from my understanding. While it is what I consider a "soft" cost, it there is some sort of internal transaction between athletics and the University for that is accounted for.

[The Sicatoka]

Using @UNDBIZ 4% from above, $6M in scholarship costs requires a $150M endowment. 

[UND-FB-FAN]

On 6/6/2024 at 2:25 PM, Teeder11 said:

The Mikkelsons are far from stupid people. Respectfully, you can spend your millions how you like.

Oh, I shall. No follow the leader from me. Independent thought will direct it towards football and basketball.

Anyways, now that that inevitable reaction has somewhat subsided… 

As for Mikkelsens, happy they donated. I don’t know them; my comment was not directed towards them personally. The stupidity is more of a region-wide issue, I’d say.

 

 

 

[sioux24/7]

Kelly mentioned in his post today that Max Gunderson is done, bummer. I know there was a bit of smoke earlier around Adam Zavalney returning. Any truth to that?

[90siouxfan]

3 hours ago, UND-FB-FAN said:

Oh, I shall. No follow the leader from me. Independent thought will direct it towards football and basketball.

Anyways, now that that inevitable reaction has somewhat subsided… 

As for Mikkelsens, happy they donated. I don’t know them; my comment was not directed towards them personally. The stupidity is more of a region-wide issue, I’d say.

 

 

 

most of it lies in the mirror

[nodak651]

Is it still possible to mute people?  Serious question - I can't figure it out.

[iluvdebbies]

44 minutes ago, nodak651 said:

Is it still possible to mute people?  Serious question - I can't figure it out.

Settings>account>ignored users

[UND-FB-FAN]

1 hour ago, 90siouxfan said:

most of it lies in the mirror

Sorry @90siouxfan, but your opinion equally is of no significance whatsoever.

[forksandspoons]

Any ideas? 
 

 

[The Sicatoka]

32 minutes ago, forksandspoons said:

Any ideas? 
 

 

Could be anything, even late-to-the-party recognition of the Mikkelson million to FB.  

I did make a note in the recruits thread about a recent offer.

[AJS]

34 minutes ago, forksandspoons said:

Any ideas? 
 

 

 

Just now, The Sicatoka said:

Could be anything, even late-to-the-party recognition of the Mikkelson million to FB.  

I did make a note in the recruits thread about a recent offer.

My guess is it has to do with a lot of prospects touring today before Camp tomorrow. Hope is it's a big commitment, but timing wise, I'm going with my original thought.