More NIL fun!

[xudash]

The numbers you quote have zero meaning. Zero.

I say this every time. And then it’s like yes, but….

There are no buts. At all the schools have the latitude to account and report using whichever methodology they decide upon. The only expectation is that each school does it consistent with their own methodology of the past.

The number mean nothings.

Conclusions drawn from the number mean nothing.

Feeling drawn from the conclusions mean nothing.

So, how many years did you spend at Arthur Anderson?

[Xville]

So, how many years did you spend at Arthur Anderson?

I agree in that x can still survive and even thrive in this environment. It’s the same as it ever was, x will need to punch a little above their weight in some aspects, but they can and as long as miller is here, I believe they will.

[Xavier]

Honestly, they may have been more at a disadvantage in the A10 (and earlier, but I was too young to speak on) than in the NIL era. It’s why we were a “stepping stone”. Couldn’t pay the coaches, etc etc.

Both situations we have to find ways to punch up. In A10 days it was finding gems in recruiting and player development. In many ways, it’s the same exact now. Find gems (Boum/Q) and develop…..(lacking). Being in The Big East, having some solid enough NIL- being able to use mid-majors to help….i can see the argument it was more disadvantageous being a mid major.

[MHettel]

So, how many years did you spend at Arthur Anderson?

Uhh, since Arthur Anderson hasn’t been around for about 20 years I’ll assume you use that term to broadly mean “finance and accounting for public companies”.

20 years

[bjf123]

Not that it matters, but it was Arthur Andersen.


Sent from my iPad using Tapatalk

[GoMuskies]

Hey, I've been to St. Charles!

What, no one asked? Sorry.

[xudash]

Uhh, since Arthur Anderson hasn’t been around for about 20 years I’ll assume you use that term to broadly mean “finance and accounting for public companies”.

20 years

Not just public companies.

I have to assume that you understand that universities have their financials audited as well.

[MHettel]

Not just public companies.

I have to assume that you understand that universities have their financials audited as well.

That wasn’t actually my exact point. I work in this “area” in an industry that is very homogeneous. Thousands of companies with essentially the same business model are evaluated on their financial performance on an “apples to apples” basis and their nuances and deviations from “standard” accounting and reporting practices stick out like a sore thumb. These are not illegal or inappropriate practices….but when several thousand companies are measured using the same set of criteria it’s easy to spot the ones that are trying to get a little too “cute” with their accounting.

So universities are broadly NOT evaluated in this basis in such a specific way around their financials. So there is no scrutiny….or expectation to account and report in a particular way. This gives way to the immense variation among how schools report financial results and budgets of their sports teams. It’s all over the place.

If I asked 10 people how much it costs to have a kid, I’d get 10 answers. Some people would include just the costs of the direct expenses of the kid (clothes, shoes, etc). Others would add in the fact that their house has an extra bedroom due to the kid. Others would factor in extra water consumption. Others would consider the cost of birthday party gifts for friends of the kid. You get 10 answers none of which is more or less “right”. That’s the problem with your numbers. It is wildly inconsistent among the schools.

[noteggs]

Rick Pitino on Kadary: "If the money was the same, he'd be playing for Shaheen. If the money was close, he'd be playing for Shaheen."
"It's not a level playing field. Right now they don't have the revenue that most of the other teams have. Probably it's the lowest in the league.'

Interesting

[Xville]

Rick Pitino on Kadary: "If the money was the same, he'd be playing for Shaheen. If the money was close, he'd be playing for Shaheen."
"It's not a level playing field. Right now they don't have the revenue that most of the other teams have. Probably it's the lowest in the league.'

Interesting

Yeah not surprised. It’s been pretty public knowledge that hall does not have the nil funds to compete at this level. Honestly, I wonder if it doesn’t change quickly if hall will consider leaving the big East.