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Insight into $EC bag system

canesproponent said:
Your grammatical skills are those of a '28 year old' high school student who is trying to pass his GRE for the umpteenth time. Time to place you on ignore with the gnome............

You are also becoming hysterical. Take a valium or something......

I worked for a hedge-fund based out of Atlanta for 4-years. The CEO of the Fund contributed $100,000 per annum to the 'Dawg Foundation. The funds were solely and STRICTLY to be used to pay players during the recruiting process. I suffered through the Michel recruiting saga, knowing that they paid him $200,0000....................

If you cannot understand how these payments are grossly illegal, then I cannot help you. I read through the NCAA basketball docket and there are ample charges with which to charge these teams.

Any payment over $14,000 is taxable. If you cannot comprehend the ramifications of that, then we cannot help you. Continue your ramblings ad nauseum.
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wait wait wait.... not only do you know the IRS Director for the entire Southern and West Coast Regions, you also personally know someone donating 6 figures to a fund that is used "STRICTLY" to pay players!?!?! First off, I am unsure why you capitalize your letters, is it for dramatic effect? persuasiveness? Secondly, sounds like you could bring the whole thing down with your vast knowledge accompanied with the way people seemingly disclose information to you at free will.

Again you failed to answer my question and instead threw out some random BS that you think is relevant. A few things, if the 'Dawg Foundation does exist, I can guarantee not all payments go directly to players. There has to be at least some form of a reputable foundation.

And again, I am not saying receiving substantial payments are legal, focus on the word substantial, I believe I could go give a kid $1,000 today to choose miami, miami would have no knowledge of this, and perhaps the kid or myself violated NCAA rules but that payment is not "illegal" tell me what law I violated?

I think the IRS has a great case against the foundations and the players/families who get these large sums but not the SEC or schools without some type of smoking gun. The NCAA docket is not charging players, it is charging Adidas and bringing in some schools for the conspiracy aspect. The kicker is that the school had to know or participate in the scheme. That is why Miami got dropped from the case, from all reports Adidas did try to get Little to UM but UM had no knowledge of this payment plan.

Oh and also using words like "ad nauseum" and "populace" make you seem like the one trying to pass the GRE bub, I hope you put me on ignore because I'm tired of responding to your absolute nonsense. Go run and hide because you clearly are in over your head.
 
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The Foundations exist.

Arkansas has no pro teams and it has 3 strong, viable companies. They justify the payments as a means to fortify the state's GDP. Petrino had them on firm footing until he crashed his motorbike.

The Foundations also carry out legitimate donations and the legal endeavors account for 75% of their purpose. The main problem now is that everyone is paying players and it is becoming more difficult to differentiate one team from another. There are 6-degrees of separation between the payment and the Foundation.

According to my former boss, Alabama opened the first Foundation after they suffered through a death penalty from the NCAA. Bryant Jr. and his cronies founded it. They wanted to eliminate rogue payments from dumb Boosters. The Foundation now possesses elite legal teams and actually makes legitimate donations to the school. For the 'Dawgs, illicit recruiting payments comprised 10% of the FOundation's outlays but grew to +20% by 2014. Not sure what it is today.
 
So a member on our message board happens to have detailed accounting records of foundations created to funnel money to players?

See, I might believe players are being paid if the story was someone dropped some 10k to sign and left no tracks, but the idea that a team is running a multi-million dollar payroll is just silly.
 
Andrew said:
So a member on our message board happens to have detailed accounting records of foundations created to funnel money to players?

See, I might believe players are being paid if the story was someone dropped some 10k to sign and left no tracks, but the idea that a team is running a multi-million dollar payroll is just silly.
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If I had records I would hand them over.

The Foundation probably receives $1.5M for recruiting payments per annum and another $7.5M for scholarships, stadium improvements, etc...

Bryant Jr. owned a bank holding company and bought another some time ago. He founded the first one.

The Razorback Foundation paid for most of the $160M in improvements to the Stadium. Some of the cash will go to recruiting for the next 3-4 years and then they will figure out how to fund subsequent years. MAybe they build a $4M weight room and half of that goes to recruiting the next year.

Michel received $200,000.
 
canesproponent said:
If I had records I would hand them over.

The Foundation probably receives $1.5M for recruiting payments per annum and another $7.5M for scholarships, stadium improvements, etc...

Bryant Jr. owned a bank holding company and bought another some time ago. He founded the first one.

The Razorback Foundation paid for most of the $160M in improvements to the Stadium. Some of the cash will go to recruiting for the next 3-4 years and then they will figure out how to fund subsequent years. MAybe they build a $4M weight room and half of that goes to recruiting the next year.

Michel received $200,000.
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You do know that Michel was not number one on their board, it was Chubb? How would you know specifically how much each player is paid? I mean if you heard that funds were being funneled, very few people would know the amounts.
 
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Andrew said:
You do know that Michel was not number one on their board, it was Chubb? How would you know specifically how much each player is paid? I mean if you heard that funds were being funneled, very few people would know the amounts.
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I only know about Michel. That is the only player I know about. They paid him $200,000. It was tough because the family was real tight, but they took it in the end.

You have to live in the South to understand how obsessive college football is there. Charlotte and Atlanta are doing quite well, and the towns near the Atlantic are fine, but drive through Montgomery, Alabama (#2 city) or Jackson, Mississippi. Georgia does not even have a second city.

My coworkers gave to the Foundation that is how I learned about them. We the visited Little Rock and my wife's godfather told us about the Razorback Foundation.

I then started talking to my parent's accountant about them. He ran the IRS' Atlanta office for 7 years.

Five years after that, we had moved to LA and we met the top IRS guy on the West Coast, so I peppered him with questions. He said they knew about them, but they had too much political support.
 
canesproponent said:
If I had records I would hand them over.

The Foundation probably receives $1.5M for recruiting payments per annum and another $7.5M for scholarships, stadium improvements, etc...

Bryant Jr. owned a bank holding company and bought another some time ago. He founded the first one.

The Razorback Foundation paid for most of the $160M in improvements to the Stadium. Some of the cash will go to recruiting for the next 3-4 years and then they will figure out how to fund subsequent years. MAybe they build a $4M weight room and half of that goes to recruiting the next year.

Michel received $200,000.
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Hogs have that Walmart and Tyson money. There is a reason they are ranked 13 in the recruiting rankings after finishing the season 2-10 (0-8 in SEC). It must be because the kids just love the Ozark mountains....
 
Andrew said:
So a member on our message board happens to have detailed accounting records of foundations created to funnel money to players?

See, I might believe players are being paid if the story was someone dropped some 10k to sign and left no tracks, but the idea that a team is running a multi-million dollar payroll is just silly.
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Again this kid signed with Mississippi state and ole miss gave him money too and he didn’t even sign with them . This kid wasn’t even a 5 star and getting broke off like that
 
razrcane said:
Hogs have that Walmart and Tyson money. There is a reason they are ranked 13 in the recruiting rankings after finishing the season 2-10 (0-8 in SEC). It must be because the kids just love the Ozark mountains....
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And JB Hunt as well. They have 3 Fortune 500s all controlled by an Arkansas family. All 3 of those families have been there for hundreds of years.

WalMart could be the next Sears and Tyson is much less profitable than it was. They need to keep people tied to the State and the Razorbacks are it.

We all live in successful metropolitan areas and cannot fathom what these teams mean to the state.

Would anyone visit Baton Rouge if not for the Tigers.....
 
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brock said:




Again this kid signed with Mississippi state and ole miss gave him money too and he didn’t even sign with them . This kid wasn’t even a 5 star and getting broke off like that
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I read that quote too from his mom too, but I couldn't help but wonder if they were trying to drive up the price for her son. Because the story makes no sense.

https://forums.rivals.com/threads/leo-lewiss-mom-claims-to-have-an-interesting-tape.752707/

Here is a short timeline, Lewis is alleged to have accepted 21k from multiple schools during his recruitment, he was given 11k to sign with Miss. State., Lewis' mom made the statement to the Ole Miss attorney saying LSU offered 650k, yet instead of taking the 650k he takes 11k instead???
 
canesproponent said:
And JB Hunt as well. They have 3 Fortune 500s all controlled by an Arkansas family. All 3 of those families have been there for hundreds of years.

WalMart could be the next Sears and Tyson is much less profitable than it was. They need to keep people tied to the State and the Razorbacks are it.

We all live in successful metropolitan areas and cannot fathom what these teams mean to the state.

Would anyone visit Baton Rouge if not for the Tigers.....
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Yep. Well aware. Born and raised in Little Rock. It will be interesting how Walmart continues to evolve in the Amazon era. I do think they will survive even if they have to reinvent the company. The hogs are the thing in the state. At least in Alabama you have two major teams. The hogs are the only team so a lot is riding on the team's success.
 
Cookie917 said:
I read that quote too from his mom too, but I couldn't help but wonder if they were trying to drive up the price for her son. Because the story makes no sense.

https://forums.rivals.com/threads/leo-lewiss-mom-claims-to-have-an-interesting-tape.752707/

Here is a short timeline, Lewis is alleged to have accepted 21k from multiple schools during his recruitment, he was given 11k to sign with Miss. State., Lewis' mom made the statement to the Ole Miss attorney saying LSU offered 650k, yet instead of taking the 650k he takes 11k instead???
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LSU offered 65 and miss state offered 80, according to his mom
 
jackbenimble71 said:
Players do get paid. 60k tuition, great facilities, books, place to stay,nutrition, strength training, chance to hone their skills and a shot at the nfl
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That was a great line 20 years ago...even the players bought it back then.

Not saying you aren't right, especially with our brutal private tuition...just saying it has become such a sorry *** business, that all of that is just taken for granted now. When getting the degree and from where becomes a distant second to the NFL, tough to deal.

UM
 
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CFLCane said:
Revenue doesn't mean much. But for perspective there are 460,000 athletes in the NCAA right now, which is only 2100$ per athlete using REVENUE figures. Not profits.
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and if you paid each athlete according to the profit THEIR Sport made?
Football players should obviously be paid more than diving.
 
Andrew said:
So a member on our message board happens to have detailed accounting records of foundations created to funnel money to players?

See, I might believe players are being paid if the story was someone dropped some 10k to sign and left no tracks, but the idea that a team is running a multi-million dollar payroll is just silly.
Click to expand...


Nobody is trying to convince u. Live in the reality u choose brother. Good for you. You’re welcome.
 
canesproponent said:
The Foundations exist.

Arkansas has no pro teams and it has 3 strong, viable companies. They justify the payments as a means to fortify the state's GDP. Petrino had them on firm footing until he crashed his motorbike.

The Foundations also carry out legitimate donations and the legal endeavors account for 75% of their purpose. The main problem now is that everyone is paying players and it is becoming more difficult to differentiate one team from another. There are 6-degrees of separation between the payment and the Foundation.

According to my former boss, Alabama opened the first Foundation after they suffered through a death penalty from the NCAA. Bryant Jr. and his cronies founded it. They wanted to eliminate rogue payments from dumb Boosters. The Foundation now possesses elite legal teams and actually makes legitimate donations to the school. For the 'Dawgs, illicit recruiting payments comprised 10% of the FOundation's outlays but grew to +20% by 2014. Not sure what it is today.
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Can’t vouch for Arkansas (although I believe it) but u hit the nail on the head regarding Bama.
 
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hoover437 said:
I bought into that sec bag crap for years, last year sans a few top level guys we got who we wanted, we win this year like we were supposed to and we get who we want. Kids want to get to the league. Are we loosing kids to ole miss Mississippi state no we loosing them to the winning big time programs that put a premium on getting kids to the league and winning.

Our loosing kids to sec top tier falls at the feet of the coach and administration.
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I've been waiting for someone to bring up Mississippi State's recruiting, particularly the O-Line considering how this cycle has shaken out. Maybe this is misplaced thread-wise but Mississippi State has in this cycle:

Signed

Charles Cross - OT - Laurel, MS - Composite Four Star - 0.9574 - UA All-American, 11 P5 Offers

LaQuiston Sharp - OG - East Mississippi C.C. - JUCO Composite Three Star - .8797 - Hometown of Columbus, MS, 5 P5 Offers

Nick Pendley - OT/OG - Canton, GA - Composite Three Star - .8675 - 7 P5 Offers (Including Miami)

Brevyn Jones - OT - Birmingham, AL - Composite Three Star - .8243 - 1 P5 Offer (MS State)

Hard Commits

Brandon Cunningham - OT - Ocean Springs, MS - Composite Three Star - .8884 - Previous Cane Commit, 7 P5 Offers (No reported LSU offer)

Darius Washington - OT - West Pensacola, FL - Composite Three Star - 11 P5 Offers (Including Miami, No reported FSU offer)

In addition, they've offered over 50 offensive lineman (counting the aforementioned) and are favored in the 247 Crystal Ball (yes, I'm aware of the fickle nature of such) for:

Montravious Richardson - OT - Georgia Military College - JUCO Composite Three Star - .8475 - 2 P5 Offers

Demarcus Gordon - OG - Tunica, MS - Composite Three Star - .8333 - 1 P5 Offer (MS State)

I like looking at the number of Power Five offers and by that account plus any thought on a projectable frame, ElGammal looks like a good take (as a developmental prospect). I understand that none of these prospects are from our traditional recruiting grounds, including Cummingham. You all can argue whether its a result of bags, our season, fear of Searles' development (or lack thereof), draw of the SEC, etc., I do not claim to be an "insider," Point being, we offered 10-15 less guys than they did in the cycle and have gotten absolutely hammered by them in comparison despite their class being filled number-wise (some "takes," some probably not) and ours with nothing until two weeks ago (I recognize that Tarquin and Eguakun flipped but such had also been rumored on here some time before it became "official"). I don't have a solution and do not profess to, just wanted to take the opportunity and highlight the atrocity in a direct comparison to our current competition for players. And no, we do no play in their conference and do not share the same defined recruiting grounds but this is a national game and considering we have multiple mutual targets, merely wanted to share something that has been nagging me.
 
hialeahjohnny said:
I posted this in the Haselwood thread the other day but apparently it's needed here also. SB Nation published this article/account regarding bags in 2014. In 2014... I understand that it is not the end-all, be-all, but if anyone thought that "bag men" were mythical in any sense, please indulge. And for others, a solid read nonetheless.

https://www.sbnation.com/college-football/2014/4/10/5594348/college-football-bag-man-interview
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Definitely a good read. The Nevin Shapiro comments were a kick in the junk. We couldn't even cheat the right way.
 
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