All Hokie, All the Time. Period. Presented by First Bank & Trust Company

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Joined: 12/15/2023
Posts: 2,395
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I sorry, but so many STIL dont understand NIL and this idea

Its in existing for 4 years at least. Its current business. Its not a money pool, but monetarizing players asset value on the market. YEs, players are valued assets, not just a bunch of kids playing ball. Its an enterprise and many have been in this since 8th grade. Brand management is a profession and it requires expertise, not some secretary and budget office. you have to staff it with professionals, who also develop system for valuing players, and negotiations and also transitioning those rights with marketeers and agents. Actually Triumph is very streamlined in overhead, many in the SEC is like a huge advertising firms. For many of average folks, they dont see the world in the sense of property ad rights management.
Posted: 12/08/2024 at 04:21 PM ET
(In response to this post by 39hokies)

Thread Replies (32)

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Is Triumph just another layer of bureaucracy that is taking money from
39hokies 12/07/24 10:37 PM ET
I sorry, but so many STIL dont understand NIL and this idea
1947Sunbowl 12/08/24 04:21 PM ET
Does VT have a basketball roster with median ACC level talent (#8 or so)?
TDVick 12/08/24 08:25 AM ET
The ass-scratching and the dodging of hard questions needs to end - NOW!
sbarron 12/08/24 07:03 PM ET
Good grief!! So hard questions will solve this team's problems? Of course
ancient alien 2018 12/09/24 01:12 AM ET
lol!! I see from your screenname that basketball isn't your #1 sport.
ancient alien 2018 12/08/24 05:31 PM ET
If so, then COMMUNICATE how underfunded we are and maybe something could
TDVick 12/09/24 12:10 AM ET
Great post TDVick. We have no player except maybe Lawal who would start on
DCL 12/08/24 01:58 PM ET
Good Grief!There are 2 players including Lawal, that would start on several
ancient alien 2018 12/08/24 07:57 PM ET
We have a thin bench again - as usual! A lot of us saw the cream of last
TDVick 12/09/24 12:48 AM ET
You are right about the learning curve and that loss to Pitt showed huge
TDVick 12/09/24 12:12 AM ET
Triumph takes a little money, but it's minimal.
Will StewartAdmin 12/07/24 10:48 PM ET
It seems to me like these NIL collectives or whatever they are popped up
39hokies 12/08/24 10:58 AM ET
Will, I appreciate what you said, and I believe you believe that,
saret 12/08/24 10:17 AM ET
So who is making the decision to limit bball and go all in on football?
HokieAl 12/07/24 11:00 PM ET
Someone who understands that without football, basketball has no chance?**
marcbvtgm 12/10/24 10:34 AM ET
Since things are very screwed up, shouldn't we assume that Whit is the
TDVick 12/08/24 08:26 AM ET
Probably not on the detail decisions, because Whit isn't into details.
saret 12/08/24 10:19 AM ET
Even though many want to blame Whit
VTCALS72 12/08/24 07:50 AM ET
I don't understand this
SteveInBaltimore 12/08/24 05:51 PM ET
Accurate. And the accuracy describes the problem.**
saret 12/08/24 10:20 AM ET
Yeah, this is my thing. Who is making the money decisions...
Gobbler-100 12/08/24 01:34 AM ET
And there lies the problem with NIL. Zero transparency. Damned if I’m going
BackInTheBurg 12/07/24 11:50 PM ET
Well maybe this isn't for you,.
1947Sunbowl 12/09/24 11:05 AM ET
It’s also not, “just like the NFL.” Those players are under contract and
BackInTheBurg 12/09/24 11:09 AM ET
Yeah...NFL is a horrible comparison.
vthokieq 12/09/24 01:25 PM ET
Except that a lot of schools with lower or same budgets as VT are doing
TDVick 12/08/24 08:41 AM ET
three excellent questions!!**
ancient alien 2018 12/07/24 11:35 PM ET
I notice they have 9 people on their "team" showing on their site.
39hokies 12/07/24 10:58 PM ET
Almost none of the 9 are getting paid.**
Will StewartAdmin 12/08/24 01:10 AM ET
And that part of their site hasn't been updated in quite a while.
vthokieq 12/09/24 10:12 AM ET
Correct. Hill has been gone for like two years.**
Chris ColemanAdmin 12/09/24 01:23 PM ET
Will, I trust you. You know that. But much like is said on here
saret 12/08/24 10:22 AM ET