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The State of NIL for Bama Basketball
Posted on 4/11/25 at 10:43 am
Posted on 4/11/25 at 10:43 am
Alabama is in a great position as far as coaching goes. Nate is the best we have ever had and it isn't close IMO. As far as recruiting and the transfer portal goes..... I like what we have brought in in the last couple of weeks. I also feel like we have been outbid in some of the players we want. My fear is this: Do the "FOG" board of trustees and/or Greg Byrne actually think that Nate is going to stick around and continually get outbid for players that he knows can help him win a National Championship?? I think that is extremely naive if so. Those players will make a difference against the UCONN's and Dukes of the tournament world. I just hope we have more sense than to allow Nate to leave because of these type issues. How many times has Bryant-Denny been upgraded in the 6 years Nate has been on campus? We can't find any money for Basketball?? Come on man!! Discuss......
Posted on 4/11/25 at 11:27 am to Legionfield
I am asking because I dont know but how much revenue does BB bring in compared to FB? I imagine it is reverse at UConn and Duke and NC compared to Bama's numbers. Even Indiana, who has not be relevant in a long time in BB program still makes more from BB than FB
Posted on 4/11/25 at 11:48 am to Legionfield
The national champion, who won playing at best their B game in any given game of the tourney, did so with a bunch of lightly recruited players and a solid NIL budget.
I do not believe we need to spend 3mil or more on individual players to win a title. I also think the money is stupid right now because these days are numbered and the rich shitheads are getting it in under the House settlement wire.
I do not believe we need to spend 3mil or more on individual players to win a title. I also think the money is stupid right now because these days are numbered and the rich shitheads are getting it in under the House settlement wire.
This post was edited on 4/11/25 at 11:49 am
Posted on 4/11/25 at 12:55 pm to mrbroker
I did a personal look/study a few years ago when conf realignment was hot and heavy. Even UK BB produced less than half of the profit football did. Far less revenues as well. Part of that is that the BB HC salaries take up a larger proportion of the revenues produced by their sport. Alabama men’s BB is definitely a money-maker (one of only two on almost any campus) but it doesn’t compare to football. Same almost everywhere in P4.
No one else makes money. Not baseball, softball, gymnastics, W BB, etc. - nothing. That’s why they all bow to the football program. Sarah Patterson used to acknowledge this all of the time. Great coach and wise and proper lady.
This doesn’t mean the non-revenue sports are illegitimate or parasites or meaningless. A university education is supposed to provide such or similar opportunities. But they are distinguished from football and M BB.
No one else makes money. Not baseball, softball, gymnastics, W BB, etc. - nothing. That’s why they all bow to the football program. Sarah Patterson used to acknowledge this all of the time. Great coach and wise and proper lady.
This doesn’t mean the non-revenue sports are illegitimate or parasites or meaningless. A university education is supposed to provide such or similar opportunities. But they are distinguished from football and M BB.
Posted on 4/11/25 at 1:12 pm to mrbroker
quote:
I dont know but how much revenue does BB bring in compared to FB?
I thought revenue doesn't have a direct relationship to NIL though? Or did that change?
For example, if men's basketball makes $10m more one season through tickets/TV etc they can't simply use any of that money for NIL.
In practice, it probably means more donors are directed toward NIL donations but I thought it was still outside of the actual AD budget?
I just assumed the advantage an Indiana has, for example, is not the profit the program makes but the more likelyhood wealthy fans specifically give to basketball NIL?
Posted on 4/11/25 at 1:22 pm to wm72
I think all of this NIL stuff is overblown… at the end of the day the elite coaches will win and players will come to play for them. As long as Nate Oats is our coach we are fine.
Posted on 4/11/25 at 1:47 pm to Legionfield
Who did we get outbid on besides the BYU guy that went for like 3.5?
Posted on 4/11/25 at 1:49 pm to collegefootballisbroken
quote:
I think all of this NIL stuff is overblown… at the end of the day the elite coaches will win and players will come to play for them. As long as Nate Oats is our coach we are fine.
That is my point. I read many articles that claim that we think we have a "Nate Oats discount" so we don't pay as much as some will. My hope is we don't make our NIL decisions based on that supposed discount. I think that was true in Nick Saban's case, but that is a one time type thing. You have to give Nate all the tools he needs or he will be gone.....

This post was edited on 4/11/25 at 1:50 pm
Posted on 4/11/25 at 1:54 pm to Syd
quote:
Who did we get outbid on besides the BYU guy that went for like 3.5?
I know we were in on the (LSU)Chest kid and (UAB)Lendenborg. Michigan and Ole Miss. I know Michigan spends the money. Ole Miss has always spent money as well. The Burries kid went to Arizona. It doesn't take a rocket scientist to figure out we were probably out-bid on one or all of those. We finally have a coach that can get the job done and I just want to hang on to him.
This post was edited on 4/11/25 at 2:00 pm
Posted on 4/11/25 at 2:10 pm to Legionfield
I think we are regarded as a top 10-15 program as far as basketball NIL so this isn’t something I’m concerned about.
Posted on 4/11/25 at 2:35 pm to Bryant91092
As long as Nate is happy I’m happy.
Posted on 4/11/25 at 2:52 pm to mrbroker
quote:
Even Indiana, who has not be relevant in a long time in BB program still makes more from BB than FB
That's bullshite. They make their money with football TV revenue. And Indiana is in the big 10, so it's football driving revenue. Hell, Kentucky football makes way more than their basketball program.
LINK .
Straight from Kentucky. Their football program brings in double what their basketball program brings in.
Posted on 4/11/25 at 3:01 pm to CCTider
quote:
Straight from Kentucky. Their football program brings in double what their basketball program brings in.
I don't think people get that NIL isn't really tied to revenue.
It's all about wealthy donors that give to NIL. Kentucky or Indiana aren't big players in basketball NIL due to revenue but the amount of die hard wealthy fans they have specifically giving to basketball NIL.
Posted on 4/11/25 at 5:00 pm to Legionfield
quote:
I know we were in on the (LSU)Chest kid and (UAB)Lendenborg. Michigan and Ole Miss. I know Michigan spends the money. Ole Miss has always spent money as well. The Burries kid went to Arizona. It doesn't take a rocket scientist to figure out we were probably out-bid on one or all of those.
We aren't going to win them all.
Posted on 4/11/25 at 5:12 pm to imjustafatkid
I agree…just love these last 6 years. LOL
This post was edited on 4/11/25 at 5:24 pm
Posted on 4/11/25 at 5:35 pm to Legionfield
quote:
Ole Miss has always spent money as well.
Historically, Ole Miss has been a garbage basketball program. They finally a great coach l, but only because he's a garbage human being. He'll be gone as soon as he can.
quote:
The Burries kid went to Arizona.
He's been a slight possibility, but we were never the favorites. We also landed Bethea, who but only plays the same role, but it's actually younger than Burries.
quote:The question is, his hard did we press? How much do they want in NIL, and are they worth that price to us?
It doesn't take a rocket scientist to figure out we were probably out-bid on one or all of those.
Posted on 4/11/25 at 5:37 pm to wm72
quote:
I don't think people get that NIL isn't really tied to revenue
Yep. It's fan funded. But there's talk of revenue sharing that may start this season. We'll also get some NIL from the players era tournament.
Posted on 4/11/25 at 5:42 pm to CCTider
All good points and I hope they are true. Ole miss has been buying players for a very long time. Tunsil? It would be interesting to see if football money(NIL or otherwise) flows to basketball at these other “football schools”….
Posted on 4/11/25 at 8:35 pm to Legionfield
Any you guys catch this article in the WSJ about how Duke handles their NIL? They were determined to put the best team on the court. Posting the whole article since its behind a paywall
The Dark Money Behind Duke Basketball
It’s no secret how the best college basketball teams are assembled these days: Follow the money.
It isn’t hard to find. The boosters who spend millions to lure in prized freshmen and coveted transfer players sit courtside at games, while the fundraising collectives that pool money to attract premier talent actively solicit donations online.
But if you’re looking for the money behind the most iconic brand in college basketball, the favorite to win the NCAA tournament and the team that landed future No. 1 NBA pick Cooper Flagg, you’re likely to find nothing at all.
Duke has steamrolled its way to the Final Four because it has one of the greatest collections of players in modern college basketball history. Yet who exactly is paying for a roster that cost millions of dollars to put together remains a gigantic mystery.
In a move that’s highly unusual for a major college program, there’s virtually no online footprint for Duke basketball’s booster collective. That’s not because the Blue Devils have somehow managed to construct a star-studded team without gobs of cash lining players’ pockets, though.
Instead, Duke is in a position to compete for its sixth national championship thanks to a group of high net worth donors who have chosen to operate in a way that makes them unique in the braggadocious world of college sports—by conducting their business from the shadows.
People involved with the operation say the group’s silence is intentional. They say their goal is to give coach Jon Scheyer the resources to compete, to support his vision and never be a distraction from the ultimate goal of winning national championships.
What little evidence there is of the group’s existence is buried deep in corporate records. In March of 2023, two weeks after Scheyer’s first season as Mike Krzyzewski’s replacement ended with a loss in the NCAA tournament’s round of 32, three Duke alumni incorporated a non-profit in Delaware. With an address listed as an office building in Arkansas, they called it “One Vision Futures Fund” and applied to do business in North Carolina, according to state records.
In its annual report for last year, there was no hiding its purpose in an era when college athletes get paid for their name, image and likeness. The form says, “Description of nature of business: Sports NIL.”
The address of OVFF, as it’s known, belongs to the office of Duke alum Jeff Fox, the CEO and founder of the investment firm Circumference Group. He’s listed on incorporating documents as one of three executive officers, along with fellow alumni Dan Levitan, co-founder of the venture capital firm Maveron, and Steve Duncker, a former partner at Goldman Sachs.
The three men are no strangers to supporting their alma mater on the hardwood. More than two decades ago, Levitan convinced the school to start the Duke Basketball Venture Capital Co-Investment Fund, which was believed to be the first VC fund supporting a single college sports team.
“Universities are better served by a VC participating in a fund than just giving the same amount directly,” Levitan told The Wall Street Journal in 2006.
That was eons ago in the world of college sports. Well-heeled boosters are no longer limited to funding a new practice facility or chipping in for the coaching staff to get a raise. Now they can actually pay the players.
Which makes Duke’s backers an outlier. In taking a more secretive approach, they have chosen to operate in total silence even though what they’re doing is perfectly legal.
Most collectives loudly broadcast their activities because they’ll take money from anyone with a credit card. Auburn’s “On to Victory,” “Florida Victorious” and Houston’s “LinkingCoogs” all have websites where visitors can become a member and donate to the team within a couple of clicks. Those schools’ athletic departments also publicly promote their collectives.
OVFF has no such digital presence, and its near invisibility stands in stark contrast to Duke’s other booster collective. The Durham Devil’s Club has a website offering memberships that start at $20 a month and lists a number of teams it supports from football to women’s soccer—but notably not the basketball team.
In response to inquiries from the Journal about the collective’s activities, Rachel Baker, the Duke men’s basketball general manager who was hired in 2022 to oversee NIL, says OVFF’s under-the-radar approach is quite intentional. For one, she says, it helps protect the players’ personal lives when boosters aren’t touting how much they’re being paid.
The collective’s membership has been kept small on purpose, too, Baker says. After hearing stories about donors who tried to interfere with team decision making or had strings tied to their capital, OVFF wanted a tightly held group that was happy to invest passively and trust in Scheyer to run the team.
OVFF’s privacy and exclusivity has other benefits, too, Baker says. By not advertising the dollar numbers it throws around, it has allowed the collective to stay nimble in the marketplace of players. The lean operation also means they’ve avoided overhead costs, such as a business manager, with the goal that all the money going in should flow directly back out to the players.
The timing of OVFF’s founding indicates that Duke was actually a bit late to the game of tapping wealthy supporters to pay players. While other schools immediately began forking out money, Duke took a more conservative approach—especially during the wild-west early days of NIL, when the regulations over paying players were unclear.
“When I first met coach Scheyer, one of the first things he told me: ‘We’re not bending any rules,’” Baker says. “We really sat back to survey the market and then make the best Duke decision for how we wanted to move forward.”
Given that the collective was formed after last year’s freshman class had already committed, this marks the first season when its muscle is being fully deployed. It’s no coincidence that this also marks Duke’s return to superpower status.
This Blue Devil roster features what’s undoubtedly a pricey group of talent. Flagg alone reportedly makes millions off NIL, while two of his fellow freshmen, Kon Kneuppel and Khaman Maluach, were five-star recruits who are expected to be first-round NBA picks. The team also added several key veterans in the transfer portal, home to many of the game’s fiercest bidding wars.
Baker declined to give a precise figure for the budget of this year’s roster. But even before NIL, the school was accustomed to donors contributing enormous sums to the basketball team. Duke already had something called the Legacy Fund, created by Krzyzewski to endow the team.
The minimum donation for the Legacy Fund: $1 million.
The Dark Money Behind Duke Basketball
It’s no secret how the best college basketball teams are assembled these days: Follow the money.
It isn’t hard to find. The boosters who spend millions to lure in prized freshmen and coveted transfer players sit courtside at games, while the fundraising collectives that pool money to attract premier talent actively solicit donations online.
But if you’re looking for the money behind the most iconic brand in college basketball, the favorite to win the NCAA tournament and the team that landed future No. 1 NBA pick Cooper Flagg, you’re likely to find nothing at all.
Duke has steamrolled its way to the Final Four because it has one of the greatest collections of players in modern college basketball history. Yet who exactly is paying for a roster that cost millions of dollars to put together remains a gigantic mystery.
In a move that’s highly unusual for a major college program, there’s virtually no online footprint for Duke basketball’s booster collective. That’s not because the Blue Devils have somehow managed to construct a star-studded team without gobs of cash lining players’ pockets, though.
Instead, Duke is in a position to compete for its sixth national championship thanks to a group of high net worth donors who have chosen to operate in a way that makes them unique in the braggadocious world of college sports—by conducting their business from the shadows.
People involved with the operation say the group’s silence is intentional. They say their goal is to give coach Jon Scheyer the resources to compete, to support his vision and never be a distraction from the ultimate goal of winning national championships.
What little evidence there is of the group’s existence is buried deep in corporate records. In March of 2023, two weeks after Scheyer’s first season as Mike Krzyzewski’s replacement ended with a loss in the NCAA tournament’s round of 32, three Duke alumni incorporated a non-profit in Delaware. With an address listed as an office building in Arkansas, they called it “One Vision Futures Fund” and applied to do business in North Carolina, according to state records.
In its annual report for last year, there was no hiding its purpose in an era when college athletes get paid for their name, image and likeness. The form says, “Description of nature of business: Sports NIL.”
The address of OVFF, as it’s known, belongs to the office of Duke alum Jeff Fox, the CEO and founder of the investment firm Circumference Group. He’s listed on incorporating documents as one of three executive officers, along with fellow alumni Dan Levitan, co-founder of the venture capital firm Maveron, and Steve Duncker, a former partner at Goldman Sachs.
The three men are no strangers to supporting their alma mater on the hardwood. More than two decades ago, Levitan convinced the school to start the Duke Basketball Venture Capital Co-Investment Fund, which was believed to be the first VC fund supporting a single college sports team.
“Universities are better served by a VC participating in a fund than just giving the same amount directly,” Levitan told The Wall Street Journal in 2006.
That was eons ago in the world of college sports. Well-heeled boosters are no longer limited to funding a new practice facility or chipping in for the coaching staff to get a raise. Now they can actually pay the players.
Which makes Duke’s backers an outlier. In taking a more secretive approach, they have chosen to operate in total silence even though what they’re doing is perfectly legal.
Most collectives loudly broadcast their activities because they’ll take money from anyone with a credit card. Auburn’s “On to Victory,” “Florida Victorious” and Houston’s “LinkingCoogs” all have websites where visitors can become a member and donate to the team within a couple of clicks. Those schools’ athletic departments also publicly promote their collectives.
OVFF has no such digital presence, and its near invisibility stands in stark contrast to Duke’s other booster collective. The Durham Devil’s Club has a website offering memberships that start at $20 a month and lists a number of teams it supports from football to women’s soccer—but notably not the basketball team.
In response to inquiries from the Journal about the collective’s activities, Rachel Baker, the Duke men’s basketball general manager who was hired in 2022 to oversee NIL, says OVFF’s under-the-radar approach is quite intentional. For one, she says, it helps protect the players’ personal lives when boosters aren’t touting how much they’re being paid.
The collective’s membership has been kept small on purpose, too, Baker says. After hearing stories about donors who tried to interfere with team decision making or had strings tied to their capital, OVFF wanted a tightly held group that was happy to invest passively and trust in Scheyer to run the team.
OVFF’s privacy and exclusivity has other benefits, too, Baker says. By not advertising the dollar numbers it throws around, it has allowed the collective to stay nimble in the marketplace of players. The lean operation also means they’ve avoided overhead costs, such as a business manager, with the goal that all the money going in should flow directly back out to the players.
The timing of OVFF’s founding indicates that Duke was actually a bit late to the game of tapping wealthy supporters to pay players. While other schools immediately began forking out money, Duke took a more conservative approach—especially during the wild-west early days of NIL, when the regulations over paying players were unclear.
“When I first met coach Scheyer, one of the first things he told me: ‘We’re not bending any rules,’” Baker says. “We really sat back to survey the market and then make the best Duke decision for how we wanted to move forward.”
Given that the collective was formed after last year’s freshman class had already committed, this marks the first season when its muscle is being fully deployed. It’s no coincidence that this also marks Duke’s return to superpower status.
This Blue Devil roster features what’s undoubtedly a pricey group of talent. Flagg alone reportedly makes millions off NIL, while two of his fellow freshmen, Kon Kneuppel and Khaman Maluach, were five-star recruits who are expected to be first-round NBA picks. The team also added several key veterans in the transfer portal, home to many of the game’s fiercest bidding wars.
Baker declined to give a precise figure for the budget of this year’s roster. But even before NIL, the school was accustomed to donors contributing enormous sums to the basketball team. Duke already had something called the Legacy Fund, created by Krzyzewski to endow the team.
The minimum donation for the Legacy Fund: $1 million.
Posted on 4/14/25 at 7:08 pm to 14&Counting
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