SIAP - $8 million donation to football

[greenbean.sixpack]

Anonymous family donates $8 million to MSU football program

Mississippi State announced an $8 million donation to its football program.

www.wtva.com

STARKVILLE, Miss. (WTVA) — Mississippi State announced an $8 million donation to its football program.

It’s the second-largest commitment in MSU athletics history, Athletics Director Zac Selmon announced on Thursday morning, Sept. 19.

The family who donated the money wishes to remain anonymous.

"This thoughtful and generous investment in our program is critical to what we are building here in Starkville in this new era of college athletics," Selmon said. "To be an elite-level program, it takes elite-level resources. A gift of this magnitude shows the unwavering drive to establish Mississippi State Football as a premier college football destination for many years to come. I could not be more grateful for the commitment to championing our programs and players."

 

[CoastTrash]

Awesome! I too intend to be that rich one day!

 

[greenbean.sixpack]

If I'm Levee, I'm cutting all the dead weight and putting folks out there who play like their hair is on fire and take the lumps the rest of the season while building for next year.

He can't change the talent right now, but he can change the culture.

 

[BulldogBlitz]

Anonymous family donates $8 million to MSU football program

Mississippi State announced an $8 million donation to its football program.

www.wtva.com

STARKVILLE, Miss. (WTVA) — Mississippi State announced an $8 million donation to its football program.

It’s the second-largest commitment in MSU athletics history, Athletics Director Zac Selmon announced on Thursday morning, Sept. 19.

The family who donated the money wishes to remain anonymous.

"This thoughtful and generous investment in our program is critical to what we are building here in Starkville in this new era of college athletics," Selmon said. "To be an elite-level program, it takes elite-level resources. A gift of this magnitude shows the unwavering drive to establish Mississippi State Football as a premier college football destination for many years to come. I could not be more grateful for the commitment to championing our programs and players."

We took up a collection, sorry you weren't in on it.

 

[greenbean.sixpack]

We took up a collection, sorry you weren't in on it.

haha, I've been doing my $10/month since it started.

 

[Drebin]

haha, I've been doing my $10/month since it started.

You've been paying more than that. There's a reason the mag is $19.41.

 

[BigDawg0074]

Is this money going to be available for NIL? Lebby probably needs additional analyst and recruiting staff as much as he needs money for new players.

 

[Chesusdog]

Is this money going to be available for NIL? Lebby probably needs additional analyst and recruiting staff as much as he needs money for new players.

I think it's going directly towards research on the cause of the stadium cup smell.

 

[RopeDawg]

I think it's going directly towards research on the cause of the stadium cup smell.

 

[patdog]

Is this money going to be available for NIL? Lebby probably needs additional analyst and recruiting staff as much as he needs money for new players.

Sure sounds like NIL to me:

this gift will formally launch the State Excellence Fund which will be dedicated to enhancing student-athlete resources and providing athletic benefits in a highly competitive environment.

 

[IBleedMaroonDawg]

Maybe it would be odd right now, but I would split it between athletics and academics if I had that much to give MSU.

 

[greenbean.sixpack]

Maybe it would be odd right now, but I would split it between athletics and academics if I had that much to give MSU.

I understand that, but the investment in football will eventually (hopefully) pay off for academics.

 

[OG Goat Holder]

this gift will formally launch the State Excellence Fund which will be dedicated to enhancing student-athlete resources and providing athletic benefits in a highly competitive environment.

I like it........I hope it's a 'fund' that pays NIL out with interest earned.....that is the type of innovation I like......

 

[Maroon13]

What is the State excellence fund?


State Excellence Fund which will be dedicated to enhancing student-athlete resources and providing athletic benefits in a highly competitive environment.

nvm. Looks like a fund, to fund the revenue sharing.

 

[patdog]

I like it........I hope it's a 'fund' that pays NIL out with interest earned.....that is the type of innovation I like......

That's what it sounds like. I like it too. Seriously, best MSU football news I've heard in years.

 

[L4Dawg]

The university can pay players directly next year.

 

[OG Goat Holder]

That's what it sounds like. I like it too. Seriously, best MSU football news I've heard in years.

It could help more than football. More to this point:

The university can pay players directly next year.

Depending what the need for football actually ends up being, and if TV can cover it........there could be a shortfall in other sports, that this fund can help subsidize. Who knows what that calculus is going to be.

OR.....it could simply help in paying for football things that TV/AD NIL doesn't cover.

Either way, as an athletic department, we still need to figure all this out, and decide what we will prioritize. Surely they have some type of decent revenue projections that may happen in 2025 and beyond. This is basically the conversation we all argue about when it comes to baseball and other non revenue sports.

 

[The Peeper]

It's been earmarked for renovating the outside of Dorman for all of you that have be-otched for years about how bad it looks on gameday. **

 

[Howiefeltersnstch]

I would hope every penny goes towards buying the best players we can get. Academics ? C'mon man. Seriously ?

 

[Called3rdstrikedawg]

I understand that, but the investment in football will eventually (hopefully) pay off for academics.

It has at every major football playing university.
When Bama committed to football again by hiring Saban, over the many years or success, Bama went from 24,000 students to 35,000 students. There IS a correlation between success on the football field and academic growth and success.

 

[ckDOG]

Every penny for linemen until we are 2 deep with SEC talent.

 

[GloryDawg]

Maybe it would be odd right now, but I would split it between athletics and academics if I had that much to give MSU.

Maybe it is coming.

 

[patdog]

It could help more than football. More to this point:


Depending what the need for football actually ends up being, and if TV can cover it........there could be a shortfall in other sports, that this fund can help subsidize. Who knows what that calculus is going to be.

OR.....it could simply help in paying for football things that TV/AD NIL doesn't cover.

Either way, as an athletic department, we still need to figure all this out, and decide what we will prioritize. Surely they have some type of decent revenue projections that may happen in 2025 and beyond. This is basically the conversation we all argue about when it comes to baseball and other non revenue sports.

Sounds like it’s football only.
Mississippi State Director of Athletics Zac Selmon today announced the receipt of a single pledge of $8 million to Mississippi State Athletics to advance its mission of delivering exceptional competitive resources that will uplift the Bulldogs football program

 

[L4Dawg]

I think we are seeing the last of the glory days of college athletics across the board.

 

[anon1768925248]

It could help more than football. More to this point:


Depending what the need for football actually ends up being, and if TV can cover it........there could be a shortfall in other sports, that this fund can help subsidize. Who knows what that calculus is going to be.

OR.....it could simply help in paying for football things that TV/AD NIL doesn't cover.

Either way, as an athletic department, we still need to figure all this out, and decide what we will prioritize. Surely they have some type of decent revenue projections that may happen in 2025 and beyond. This is basically the conversation we all argue about when it comes to baseball and other non revenue sports.

It's going all to football, per the wishes of the people donating it. Only MSU fans would try to think "how can we rob the most important sport on campus to give to someone else (and we all know you're talking about 17ing baseball)" as if football in the SEC at MSU would ever have too much money.

 

[OG Goat Holder]

It's going all to football, per the wishes of the people donating it. Only MSU fans would try to think "how can we rob the most important sport on campus to give to someone else (and we all know you're talking about 17ing baseball)" as if football in the SEC at MSU would ever have too much money.

I know it's earmarked for football, but that doesn't matter. You don't understand accounting. Whatever pays for football, frees up money that would have been for football.

And I don't think you get it......I'm not talking about paying NIL or whatever for non-revenue sports....I'm talking about them even EXISTING. That, vs. a bottomless pit for football (especially if we aren't gaining ground) is going to be a tough sell.

 

[anon1768925248]

I know it's earmarked for football, but that doesn't matter. You don't understand accounting. Whatever pays for football, frees up money that would have been for football.

And I don't think you get it......I'm not talking about paying NIL or whatever for non-revenue sports....I'm talking about them even EXISTING. That, vs. a bottomless pit for football (especially if we aren't gaining ground) is going to be a tough sell.

They already have money earmarked for those sports in the budget. This is in addition to and goes all to football. This is 2nd grade math that you apparently don't understand.

 

[tbaydog]

 

[OG Goat Holder]

They already have money earmarked for those sports in the budget. This is in addition to and goes all to football. This is 2nd grade math that you apparently don't understand.

Nope, not talking about right now. I'm talking in a general sense, in the future, on a yearly basis.