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Post by djcon57 on May 1, 2024 16:26:14 GMT -5
As I just said on the other board, I find that logic to be flawed. Are you suggesting that no one overpays ever? Every time we lose a guy to NIL -- which is often -- half the syracusefan board says "they overpaid, let them have him". It's nauseating. If that regularly happens, or in Leffew's case if he got multiple NIL offers higher than ours, that indicates that's just what he cost. But people won't admit that because they don't want to make the university look bad. That doesn't mean no one ever overpays. Although the best evidence of fair market value is what a willing purchaser would pay at an arms' length, so even overpaying could simply translate to increasing the fmv. Some would say people have been overpaying for houses the last few years. Appraisers would call it the new FMV. Now, maybe it's a bubble but that's a different point because those are usually supply/demand issues, and most importantly they're long-term assets that can be sold while portal transfers aren't assets but instead are guys who provide services one year at a time. Bottom line is if we're coming up short on a consistent basis, we're not paying enough. Or we don't value the players at what they cost (which would be fine if we were good, but we are not). Yeah....that's kind of where I'm going. IF we made the tourney last year, you could go, SEE we didn't need to pay Jesse and play his games. But the major hole in our team was? CENTER! So...1+1=2?
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Post by sbucketball on May 1, 2024 16:30:09 GMT -5
Every time we lose a guy to NIL -- which is often -- half the syracusefan board says "they overpaid, let them have him". It's nauseating. If that regularly happens, or in Leffew's case if he got multiple NIL offers higher than ours, that indicates that's just what he cost. But people won't admit that because they don't want to make the university look bad. That doesn't mean no one ever overpays. Although the best evidence of fair market value is what a willing purchaser would pay at an arms' length, so even overpaying could simply translate to increasing the fmv. Some would say people have been overpaying for houses the last few years. Appraisers would call it the new FMV. Now, maybe it's a bubble but that's a different point because those are usually supply/demand issues, and most importantly they're long-term assets that can be sold while portal transfers aren't assets but instead are guys who provide services one year at a time. Bottom line is if we're coming up short on a consistent basis, we're not paying enough. Or we don't value the players at what they cost (which would be fine if we were good, but we are not). The other board runs on ‘member berries and doesn’t get we are irrelevant. School is cheap. NIL needs fans engaged to donate or have rich donors fund. We don’t have the latter. The problem is fans are donating but not enough because school wants that money and has no incentive to help the NIL. We are going to pretend what we have is enough and just pray to sneak into the tournament. We are just cashing checks program. It sucks but it’s the truth. Syracuse football has donors funding the NIL. They are specifically football donors and that is good. Hopefully football wins so those donors[ continue to donate. Basketball needs to overachiever to get more donations. Boeheim works for the school not the NIL. Any donations he would get would be for the school. The school is greedy and not a serious school so prove it to get donations. Sadly Red has a tough job because his predecessor killed all patience and has old boomers rooting for him over the program. We just have to accept we are praying Westry pops. This has been my gut feeling for a few years -- happy just getting checks. I need to try to care less. I feel stupid that I -- a fan -- care more than leadership and more than many of the mercenary players. If Syracuse wanted to get serious, it should make JB the NIL fundraiser. He would do a great job in that role. And Red needs it. Unreal if the university is trying to hog the donor money.
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Post by sbucketball on May 1, 2024 16:32:03 GMT -5
Every time we lose a guy to NIL -- which is often -- half the syracusefan board says "they overpaid, let them have him". It's nauseating. If that regularly happens, or in Leffew's case if he got multiple NIL offers higher than ours, that indicates that's just what he cost. But people won't admit that because they don't want to make the university look bad. That doesn't mean no one ever overpays. Although the best evidence of fair market value is what a willing purchaser would pay at an arms' length, so even overpaying could simply translate to increasing the fmv. Some would say people have been overpaying for houses the last few years. Appraisers would call it the new FMV. Now, maybe it's a bubble but that's a different point because those are usually supply/demand issues, and most importantly they're long-term assets that can be sold while portal transfers aren't assets but instead are guys who provide services one year at a time. Bottom line is if we're coming up short on a consistent basis, we're not paying enough. Or we don't value the players at what they cost (which would be fine if we were good, but we are not). Yeah....that's kind of where I'm going. IF we made the tourney last year, you could go, SEE we didn't need to pay Jesse and play his games. But the major hole in our team was? CENTER! So...1+1=2? Would Red and donors pay an extra 300k to make the tournament? It's not even a question, yet people deny it. I called it a mistake last year and caught a lot of crap for that, which soured me a bit.
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Post by alsacs on May 1, 2024 16:40:23 GMT -5
There is stuff the school could do to raise NIL funds.
School could do 50/50 raffles at every sporting event and have the other half go to NIl funds.
Have special events/gifts to raise funds. The school doesn’t wants all the money for themselves. It’s crazy how other schools prioritize winning and know they have the money as well but Syracuse counts every Penny and doesn’t do all it can to win.
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Post by day2 on May 1, 2024 18:26:40 GMT -5
As I just said on the other board, I find that logic to be flawed. Are you suggesting that no one overpays ever? Every time we lose a guy to NIL -- which is often -- half the syracusefan board says "they overpaid, let them have him". It's nauseating. If that regularly happens, or in Leffew's case if he got multiple NIL offers higher than ours, that indicates that's just what he cost. But people won't admit that because they don't want to make the university look bad. That doesn't mean no one ever overpays. Although the best evidence of fair market value is what a willing purchaser would pay at an arms' length, so even overpaying could simply translate to increasing the fmv. Some would say people have been overpaying for houses the last few years. Appraisers would call it the new FMV. Now, maybe it's a bubble but that's a different point because those are usually supply/demand issues, and most importantly they're long-term assets that can be sold while portal transfers aren't assets but instead are guys who provide services one year at a time. Bottom line is if we're coming up short on a consistent basis, we're not paying enough. Or we don't value the players at what they cost (which would be fine if we were good, but we are not). I don’t react that way every time, only when all signs point to that being the case. Like with Leffew. It’s pretty clear Georgia swooped in at the last minute with a better offer. Seems like a desperate play on their part, which doesn’t equate to paying fair market value. Just because someone is willing to spend X, doesn’t mean that’s what the player is worth. As someone else pointed out, this is the last year for COVID players. The market is out of whack as a result. There won’t be as many players in the portal next year and NIL figures should come down. Overpaying for guys like Leffew sets a bad precedent long term. Also, both Edwards and Leffew appeared to not be negotiating in good faith. Again, caving into their demands sets a bad precedent. SU isn’t in the business of handing players blank checks and I don’t blame them.
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Post by orangedw on May 1, 2024 18:36:20 GMT -5
Every time we lose a guy to NIL -- which is often -- half the syracusefan board says "they overpaid, let them have him". It's nauseating. If that regularly happens, or in Leffew's case if he got multiple NIL offers higher than ours, that indicates that's just what he cost. But people won't admit that because they don't want to make the university look bad. That doesn't mean no one ever overpays. Although the best evidence of fair market value is what a willing purchaser would pay at an arms' length, so even overpaying could simply translate to increasing the fmv. Some would say people have been overpaying for houses the last few years. Appraisers would call it the new FMV. Now, maybe it's a bubble but that's a different point because those are usually supply/demand issues, and most importantly they're long-term assets that can be sold while portal transfers aren't assets but instead are guys who provide services one year at a time. Bottom line is if we're coming up short on a consistent basis, we're not paying enough. Or we don't value the players at what they cost (which would be fine if we were good, but we are not). I don’t react that way every time, only when all signs point to that being the case. Like with Leffew. It’s pretty clear Georgia swooped in at the last minute with a better offer. Seems like a desperate play on their part, which doesn’t equate to paying fair market value. Just because someone is willing to spend X, doesn’t mean that’s what the player is worth. As someone else pointed out, this is the last year for COVID players. The market is out of whack as a result. There won’t be as many players in the portal next year and NIL figures should come down. Overpaying for guys like Leffew sets a bad precedent long term. Also, both Edwards and Leffew appeared to not be negotiating in good faith. Again, caving into their demands sets a bad precedent. SU isn’t in the business of handing players blank checks and I don’t blame them. I agree with your overall point. That said, I think we make the tourney with Edwards this year. Hopefully we aren’t saying the same about Leffew next year. Right now, I think it’s largely shaping up to Westry’s health and Starling and Bell’s improvement. I can see the path, but far from a given.
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Post by orangedw on May 1, 2024 18:45:54 GMT -5
Also, I think we’ve overall done well in the portal this year and have gained more than we lost.
We will see if it’s enough. But on their own, I really like the Lampkin, Carlos, and Davis additions.
I was upset to lose Brown and Copeland, but Copeland won’t matter if Westry is back.
And as weird as it is to say because he was our most productive player, Im glad Mintz left.
We will have an older and more offensively balanced team next year. Should play a more pleasing style of ball offensively. Hopefully things break right guys stay healthy, and the coaches do a hell of a job getting this team to defend.
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Post by djcon57 on May 1, 2024 20:42:02 GMT -5
Every time we lose a guy to NIL -- which is often -- half the syracusefan board says "they overpaid, let them have him". It's nauseating. If that regularly happens, or in Leffew's case if he got multiple NIL offers higher than ours, that indicates that's just what he cost. But people won't admit that because they don't want to make the university look bad. That doesn't mean no one ever overpays. Although the best evidence of fair market value is what a willing purchaser would pay at an arms' length, so even overpaying could simply translate to increasing the fmv. Some would say people have been overpaying for houses the last few years. Appraisers would call it the new FMV. Now, maybe it's a bubble but that's a different point because those are usually supply/demand issues, and most importantly they're long-term assets that can be sold while portal transfers aren't assets but instead are guys who provide services one year at a time. Bottom line is if we're coming up short on a consistent basis, we're not paying enough. Or we don't value the players at what they cost (which would be fine if we were good, but we are not). I don’t react that way every time, only when all signs point to that being the case. Like with Leffew. It’s pretty clear Georgia swooped in at the last minute with a better offer. Seems like a desperate play on their part, which doesn’t equate to paying fair market value. Just because someone is willing to spend X, doesn’t mean that’s what the player is worth. As someone else pointed out, this is the last year for COVID players. The market is out of whack as a result. There won’t be as many players in the portal next year and NIL figures should come down. Overpaying for guys like Leffew sets a bad precedent long term. Also, both Edwards and Leffew appeared to not be negotiating in good faith. Again, caving into their demands sets a bad precedent. SU isn’t in the business of handing players blank checks and I don’t blame them. I think your take is fair especially the part with COVID year players. I do wonder though when is the deadline to having to cave into the demands? 5 years no tourney?
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Post by day2 on May 1, 2024 22:02:00 GMT -5
I don’t react that way every time, only when all signs point to that being the case. Like with Leffew. It’s pretty clear Georgia swooped in at the last minute with a better offer. Seems like a desperate play on their part, which doesn’t equate to paying fair market value. Just because someone is willing to spend X, doesn’t mean that’s what the player is worth. As someone else pointed out, this is the last year for COVID players. The market is out of whack as a result. There won’t be as many players in the portal next year and NIL figures should come down. Overpaying for guys like Leffew sets a bad precedent long term. Also, both Edwards and Leffew appeared to not be negotiating in good faith. Again, caving into their demands sets a bad precedent. SU isn’t in the business of handing players blank checks and I don’t blame them. I think your take is fair especially the part with COVID year players. I do wonder though when is the deadline to having to cave into the demands? 5 years no tourney? If it’s a home run type of player, that’s when you cave.
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