The 1890 Initiative

[Red Five]

"100% of your contribution goes directly to student athletes"

 

 

[Mavric]

Word is they're willing to pay whatever it takes to get the QB the coaches want.

[Red Five]

3 minutes ago, Mavric said:

Word is they're willing to pay whatever it takes to get the QB the coaches want.

 

[Mavric]

Also, the story is 1890 is one of the few collectives that withholds taxes and makes quarterly payments on the athlete's behalf.

 

If most guys aren't going to get much help with this, it will be ..... interesting to see what comes of that.

[gobiggergoredder]

16 minutes ago, Mavric said:

Word is they're willing to pay whatever it takes to get the QB the coaches want.

I think Rhule's statement about what it was going to take earlier in the week was a strategy play.  What I took from that statement was "We are going to pay up", not "This is what it costs".

[BigRedBuster]

21 minutes ago, Red Five said:

"100% of your contribution goes directly to student athletes"

How does an initiative operate if 100% of donations go to the athletes?  They obviously have expenses.

[Mavric]

Just now, BigRedBuster said:

How does an initiative operate if 100% of donations go to the athletes?  They obviously have expenses.

 

I've heard that the Peeds are footing the operational costs.

[gobiggergoredder]

1 minute ago, BigRedBuster said:

How does an initiative operate if 100% of donations go to the athletes?  They obviously have expenses.

Endowments or annuities maybe?

[Red Five]

2 minutes ago, BigRedBuster said:

How does an initiative operate if 100% of donations go to the athletes?  They obviously have expenses.

 

What Mav said.  And it is mentioned in the video.

[floridacorn]

29 minutes ago, Red Five said:

"100% of your contribution goes directly to student athletes"

 

 

These collectives have a "money grab" feel to them that make politics seem above board.  An overhead % of zero, pleasant & shocking surprise.  

[Decked]

35 minutes ago, Red Five said:

 

More. Starting pay for Ward is 2 million. 

[Red Five]

1 minute ago, Decked said:

More 

 

[BigRedBuster]

2 minutes ago, Decked said:

More. Starting pay for Ward is 2 million. 

The last couple years, I always heard that QBs coming out of HS being paid a lot, was contingent on them starting.  I haven't heard that recently.  

I wonder when these will start having performance incentives in them.  Something like, your base pay is $500,000.  You get the rest if you start, completion percentage over %65, better than 2-1 TD/INT ratio, less than 7 fumbles, team wins 9+ games.

 

Or, is it just going to be, you get $2 mill for just signing and showing up.

[Mavric]

1 hour ago, BigRedBuster said:

The last couple years, I always heard that QBs coming out of HS being paid a lot, was contingent on them starting.  I haven't heard that recently.  

I wonder when these will start having performance incentives in them.  Something like, your base pay is $500,000.  You get the rest if you start, completion percentage over %65, better than 2-1 TD/INT ratio, less than 7 fumbles, team wins 9+ games.

 

Or, is it just going to be, you get $2 mill for just signing and showing up.

 

I would speculate they will move closer to professional contracts sooner rather than later.  Thus, incentives.

[Mavric]