New Ask The AD

[Roundball]

Greatest Long term potential? Basketball?
An invite (earned) to the big dance every 40 something years. If that is the case ….then we are in big trouble.

Yes, greatest long-term potential. Every 40 something years is NOT the goal we should want. We should want at least once every 3 or 4 years. But the impact of going even once in 43 years potentially equals one FCS national championship or runner up, in terms of national attention. We should be wanting to go to NCAA Tournament at least 10 times in 43 years. General public - nationally and especially in our part of the county- pays relatively little attention to FCS, compared to the attention the general public pays to March Madness. We all know - everyone knows - today is Selection Sunday. Relatively few people keep up with selection Sunday for FCS playoffs. That is JUST ONE example by which to compare national notice given to basketball versus FCS. I am sorry to say “versus” because I do actually value Furman Football.

Potential is unused performance. The facts are 1 NCAA tourney bid in 40 + years. We would like to go every 3 to 4 years hasn’t happened and likely to never happen…. So selection Sunday ain’t getting much air time

- FU is in a financial hole. Giving Coins for NIL vs the big bucks other schools are paying….shhh
- The big schools will poach our best players away and use us as a JV program
- Our academic restrictions and poor post graduate programs vs other SoCon schools
- I am sure our BBall coach and Jason are looking for the next step up the ladder like Nico and Mike Buddie. Adios. Starting all over again….

On the flip side good energetic young coach and upgrades to our BBall facility (not as nice as Davidson’s, but we never had a Seth Curry)

How much did true $ equity bring to FU and our Student enrollment. Hard to quantify that especially over a 40 + year timetable. Our bank statements don’t validate this. Likes or hits on the web or social media can’t be converted into $$
With that said I attended FU when Joe Williams and Stich were here. Great time, teams and atmosphere Would love to see that happen again, but my age is working against watching FU on a selection show again

NCAA is a cluster F working against smallpiss ant schools like us. And all the purple kool aid in the world ain’t going to help

I value FU football for its great leadership, high graduation rate, successful transition into society as a contributing person…a number have made it to the NFL…most contribute to the FFPA to fill financial shortfalls, world class coaches….a brotherhood going strong.

Priceless.

Is Furman in a financial hole? I've heard FU is doing well and I've heard the opposite. All, I know, Furman has a decent bond rating from Fitch. I will take what Fitch reports over rumors. https://www.fitchratings.com/research/u ... r%20305%25.

[Fred Garvin]

Choir Boy makes some very valid points. I have also read the "one trip to the tourney was a 40 million whatever cyber crypto bucks for Furman" stuff. Where is it? If we have 40 million cyber crypto bucks then surely we can do the following:
1. Bring back baseball fully funded
2. FB practice facility
3. Build a 500 seat WOLAX stadium at one of the fields designated for WOLAX. Build them a locker area and coaches office so no one gets their feelings hurt. Turf it so no one gets their feelings hurt.

By just making the tournament Furman did not get $40 million for the trip to the 2023 tourney. At best, the SoCon will receive $4.0 million dollars for our 2 games, paid out over a period of 6 years. The SoCon divides those $ equally among all of the member teams. At best, Furman will get $400,000 paid out over a period of 6 years . Every school gets the same amount, whether they play in the tournament, or not. https://www.axios.com/2023/03/29/ncaa-b ... ce-payouts

Quite aware we didn't receive 40m. I was simply making reference to what was printed in that leftist manifesto aka Furman Magazine. It's like a queef that appears in my mailbox every 90 days.

[FUATT]

Greatest Long term potential? Basketball?
An invite (earned) to the big dance every 40 something years. If that is the case ….then we are in big trouble.

Yes, greatest long-term potential. Every 40 something years is NOT the goal we should want. We should want at least once every 3 or 4 years. But the impact of going even once in 43 years potentially equals one FCS national championship or runner up, in terms of national attention. We should be wanting to go to NCAA Tournament at least 10 times in 43 years. General public - nationally and especially in our part of the county- pays relatively little attention to FCS, compared to the attention the general public pays to March Madness. We all know - everyone knows - today is Selection Sunday. Relatively few people keep up with selection Sunday for FCS playoffs. That is JUST ONE example by which to compare national notice given to basketball versus FCS. I am sorry to say “versus” because I do actually value Furman Football.

Potential is unused performance. The facts are 1 NCAA tourney bid in 40 + years. We would like to go every 3 to 4 years hasn’t happened and likely to never happen…. So selection Sunday ain’t getting much air time

- FU is in a financial hole. Giving Coins for NIL vs the big bucks other schools are paying….shhh
- The big schools will poach our best players away and use us as a JV program
- Our academic restrictions and poor post graduate programs vs other SoCon schools
- I am sure our BBall coach and Jason are looking for the next step up the ladder like Nico and Mike Buddie. Adios. Starting all over again….

On the flip side good energetic young coach and upgrades to our BBall facility (not as nice as Davidson’s, but we never had a Seth Curry)

How much did true $ equity bring to FU and our Student enrollment. Hard to quantify that especially over a 40 + year timetable. Our bank statements don’t validate this. Likes or hits on the web or social media can’t be converted into $$
With that said I attended FU when Joe Williams and Stich were here. Great time, teams and atmosphere Would love to see that happen again, but my age is working against watching FU on a selection show again

NCAA is a cluster F working against smallpiss ant schools like us. And all the purple kool aid in the world ain’t going to help

I value FU football for its great leadership, high graduation rate, successful transition into society as a contributing person…a number have made it to the NFL…most contribute to the FFPA to fill financial shortfalls, world class coaches….a brotherhood going strong.

Priceless.

Is Furman in a financial hole? I've heard FU is doing well and I've heard the opposite. All, I know, Furman has a decent bond rating from Fitch. I will take what Fitch reports over rumors. https://www.fitchratings.com/research/u ... r%20305%25.

I think there is some good news/bad news here.

Good news is, applications are up, which means we can leverage that both reputation wise and financially to a degree in terms of selectivity. Bad news is, our discount rate against tuition is still higher than it needs to be. Our average net cost is still high.

These are not necessarily unique problems for liberal arts universities. Furman has worked some good strategies to to try to create leverage, bringing more students on campus creates more revenue through housing, for example. But there is still room to get better.

Football and basketball create real value for Furman, especially in a social media driven world where imagery and events create content. So, I don't think we are going backward. But there is financial pressure in a lot of places that make going "forward" hard.

[Roundball]

Choir Boy makes some very valid points. I have also read the "one trip to the tourney was a 40 million whatever cyber crypto bucks for Furman" stuff. Where is it? If we have 40 million cyber crypto bucks then surely we can do the following:
1. Bring back baseball fully funded
2. FB practice facility
3. Build a 500 seat WOLAX stadium at one of the fields designated for WOLAX. Build them a locker area and coaches office so no one gets their feelings hurt. Turf it so no one gets their feelings hurt.

By just making the tournament Furman did not get $40 million for the trip to the 2023 tourney. At best, the SoCon will receive $4.0 million dollars for our 2 games, paid out over a period of 6 years. The SoCon divides those $ equally among all of the member teams. At best, Furman will get $400,000 paid out over a period of 6 years . Every school gets the same amount, whether they play in the tournament, or not. https://www.axios.com/2023/03/29/ncaa-b ... ce-payouts

Quite aware we didn't receive 40m. I was simply making reference to what was printed in that leftist manifesto aka Furman Magazine. It's like a queef that appears in my mailbox every 90 days.

Yes, Furman said it gained $40 million worth of media coverage.

[apaladin]

Greatest Long term potential? Basketball?
An invite (earned) to the big dance every 40 something years. If that is the case ….then we are in big trouble.

Yes, greatest long-term potential. Every 40 something years is NOT the goal we should want. We should want at least once every 3 or 4 years. But the impact of going even once in 43 years potentially equals one FCS national championship or runner up, in terms of national attention. We should be wanting to go to NCAA Tournament at least 10 times in 43 years. General public - nationally and especially in our part of the county- pays relatively little attention to FCS, compared to the attention the general public pays to March Madness. We all know - everyone knows - today is Selection Sunday. Relatively few people keep up with selection Sunday for FCS playoffs. That is JUST ONE example by which to compare national notice given to basketball versus FCS. I am sorry to say “versus” because I do actually value Furman Football.

Potential is unused performance. The facts are 1 NCAA tourney bid in 40 + years. We would like to go every 3 to 4 years hasn’t happened and likely to never happen…. So selection Sunday ain’t getting much air time

- FU is in a financial hole. Giving Coins for NIL.

Is Furman in a financial hole? I've heard FU is doing well and I've heard the opposite. All, I know, Furman has a decent bond rating from Fitch. I will take what Fitch reports over rumors. https://www.fitchratings.com/research/u ... r%20305%25.

I read this as FU being in a financial hole when compared what they are payng in NIL money vs. the bigger schools.

[Roundball]

Greatest Long term potential? Basketball?
An invite (earned) to the big dance every 40 something years. If that is the case ….then we are in big trouble.

Yes, greatest long-term potential. Every 40 something years is NOT the goal we should want. We should want at least once every 3 or 4 years. But the impact of going even once in 43 years potentially equals one FCS national championship or runner up, in terms of national attention. We should be wanting to go to NCAA Tournament at least 10 times in 43 years. General public - nationally and especially in our part of the county- pays relatively little attention to FCS, compared to the attention the general public pays to March Madness. We all know - everyone knows - today is Selection Sunday. Relatively few people keep up with selection Sunday for FCS playoffs. That is JUST ONE example by which to compare national notice given to basketball versus FCS. I am sorry to say “versus” because I do actually value Furman Football.

Potential is unused performance. The facts are 1 NCAA tourney bid in 40 + years. We would like to go every 3 to 4 years hasn’t happened and likely to never happen…. So selection Sunday ain’t getting much air time

- FU is in a financial hole. Giving Coins for NIL.

Is Furman in a financial hole? I've heard FU is doing well and I've heard the opposite. All, I know, Furman has a decent bond rating from Fitch. I will take what Fitch reports over rumors. https://www.fitchratings.com/research/u ... r%20305%25.

I read this as FU being in a financial hole when compared what they are payng in NIL money vs. the bigger schools.

You must have read it wrong. NIL is not mentioned. Besides, Furman is not paying NIL money. Donors are.

[Davemeister]

Yes, Furman said it gained $40 million worth of media coverage.

Then they obviously don't need my money. I'll keep it in my pants on Dins Day.

[Sad Din]

They are building new $70M dorm plus $40M arena. sure their were donors for arena but this just takes money from other donations

Dont know about everybody esle, but that would put SD's financial ratings in a tail spin

[Roundball]

They are building new $70M dorm plus $40M arena. sure their were donors for arena but this just takes money from other donations

Dont know about everybody esle, but that would put SD's financial ratings in a tail spin

Furman’s financial condition is fine.

[FUBeAR]

Furman is not paying NIL money. Donors are.

FUBeAR had a big day at the Casino last year. So he was blessed with $2 of discretionary income. FUBeAR drove his ‘79 T-Bird up to Travelers Rest and slid those $2 under JDVPAD’s office door last year.

Again, this year FUBeAR had a big day, so he went straight up I-85 with his $2. As he was turning into the back gate, the NIL man stopped him and held out he NIL bucket for FUBeAR to drop some kwan into. FUBeAR is a loyal Furmans, so he gave the NIL man $1 in he little bucket. Then he went and slipped the other $1 under JDVPAD’s door.

Who paid the NIL man he $1? Was it FUBeAR or was it JDVPAD?


Besides … why are DONORS PAYING money for something called “Name, Image, and Likeness” - Does each donor receive Name, Image, and Likeness goods and/or services equivalent to the amount they PAY? Are they DONORS or are they PAYERS in these transactions? IF they are PAYERS, what are they paying for? If they are DONORS, is their donation tax deductible?

”To be tax-exempt under section 501(c)(3) of the Internal Revenue Code, an organization must be organized and operated exclusively for exempt purposes (see below) set forth in section 501(c)(3), and none of its earnings may inure to any private shareholder or individual.”

“The exempt purposes set forth in section 501(c)(3) are charitable, religious, educational, scientific, literary, testing for public safety, fostering national or international amateur sports competition, and preventing cruelty to children or animals. The term charitable is used in its generally accepted legal sense and includes relief of the poor, the distressed, or the underprivileged; advancement of religion; advancement of education or science; erecting or maintaining public buildings, monuments, or works; lessening the burdens of government; lessening neighborhood tensions; eliminating prejudice and discrimination; defending human and civil rights secured by law; and combating community deterioration and juvenile delinquency.”

Is this what NIL PAYMENTS do? Don’t see anything about Name, Image, or Likeness in there.

Seems to FUBeAR that NIL “DONORS” are NOT donors at all. They are PAYERS and they are not receiving the goods and services for which they are purportedly PAYING. Almost like money laundering, huh? Is Jason Bateman the VP of NCAA NIL Programs?

[FurmanFan23]

When will Bothwell’s and Slawsons jerseys be retired?

[Sad Din]

biggest take-aways for SD

1. MFoster met with AD. Looks like he has good intentions. MF grduated and is just looking for a new challenge. 5 years is a long time in a program. Good luck to MF!
2. FU will create a 1 year masters in Sustanability next year. Should help with grad transfers
3. Dins will not follow CU and FL ST to the Big 10 or SEC next year (this one might be a stretch from SD)

[Furmanoid]

They are building new $70M dorm plus $40M arena. sure their were donors for arena but this just takes money from other donations

Dont know about everybody esle, but that would put SD's financial ratings in a tail spin

Furman’s financial condition is fine.

Probably but the money does all come from the same place. Boosters can give the school or do NIL. I doubt many will do both. So there's a decision to be made. Watched Saban on the news the other day, and he said that now when kids visit all they care about is NIL. Don't care about dorms, facilities, cool uniforms etc.

[Davemeister]

Will the Timmons Project impact football gameday parking?

[apaladin]

Here you go!