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Subject: Re: Athletic Environment — Where Are We?


Author:
IvySportsJunkie
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Date Posted: 20:54:29 10/17/24 Thu
In reply to: observer 's message, "Re: Athletic Environment — Where Are We?" on 17:58:23 10/17/24 Thu

observer - I already was in full agreement that Power 4 conference school like Oklahoma State clearly will secure far more in NIL donations compared to the Ivy League. My point related to how the Ivies will do compared to the D3 programs like Bates, Bowdoin, Middlebury, etc.

The more complex issue for the Ivy League now is whether there will be two types of collectives - one for overall Ivy athletic programs and one that is organized by Ivy alumni donors for specific sports, particularly football, basketball, hockey and maybe lacrosse. It is not clear if there is legal grounds to keep Ivy alumni donors from organizing collectives for specific sports.

To date, the Ivies have been very slow and cautious to the NIL table. This has allowed administrators, ADs and legal counsel more time to navigate in this rapidly evolving space. It is only a matter of time that the vast pool of wealthy former Ivy athletes and other affluent Ivy sports fans begin to be tapped for NIL contributions.

For many of the current Ivy active donors who are passionate about our sports, they will not find it too hard to reallocate part of their donations to NIL collectives. They can take comfort that their Ivy university already has accumulated a massive endowment. 7 of the Ivies qualify for the top 20 universities in average endowment per full-time student. Cornell is just outside the top 20 with its nearly $11 billion endowment putting it in the top 20 of largest overall university endowments.

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