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njfan said:
I'm sorry but to just donate 10 bucks a month to support NIL. Where we never see where the money is going actually or how it's being used (aka 1k for Soriano advertising). Plus we get nothing in return either . Not being greedy but NIL isn't a charity. Yes players deserve the money but from video game companies advertising agency's not us chipping in blindly. Not sure how that's the original intent
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Can anyone indicate what the % of donated money actually goes into the pockets of our players? Like the quoted poster NJFAN I would also like to be assured that the donated money or the majority of it (85-100%) is going to the players. Corporations like American Red Cross and similar have to disclose their functional, operational and administrative costs. Does Storm Marketing disclose this to their NIL contributors prior to donating. There are no disclosures of their web site. I would certainly like to donate either to them or to Nick V and his area In the near future to help Coach Pitino and the players.
 
Beasts of the East said:
This exactly what Storm Marketing has done, running events like player photo and signing events, and events for coaches. Keep in mind that Pitino only has so much bandwidth so is not widely available since his primary job is coaching, recruiting, developing and managing team.

Storm Marketing is unaffiliated with St. Johns. You do the math. If they raise $500k their gross revenue is about $25,000. That's not exactly big business. Their full-time jobs are running a successful law firm and they are operating Storm Marketing at a significant loss. They have run a number of events out of their "take".

If one donates to the Red Cross, one doesn't ask what's in it for me. If you donate directly to your alma mater, it is iften done with a sense of gratitude for the education one received, and with the knowledge that a school like St. John's is providing and always has provided lower cost educational opportunities to less than affluent students.

The value proposition of NIL is that for those fans who invest enormous amounts of their time following collegiate athletics, going to games and posting on websites, is that NIL is the driver towards winning teams. The bigger picture for Father Shanley and those who understand the importance of successful sports teams in branding a university. Athletic success brings in more and better qualified students, improving the academic profile of schools and also are a catalyst for more donations.

Of course not everyone buys into this. The most successful schools have a 50% donor rate of alumni. St. John's I'm told is at the low end of average, about 5%. It's why state schools, funded by tax revenue have budgets to hire top coaches and build great facilities and by and large dominate college athletics.

If you wonder what Jay Wright is doing nowawadays when not broadcasting, he is raising NIL dollars from Villanova alumni. I give Storm Marketing enormous credit. They and their supporters are enabling Rick to compete with the big boys in terms of recruiting. Those folks are the unsung heroes of St. John's basketball right now.
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Beast 2 points:
1) Many new business operate at a loss in their infancy stage. To the best of my knowledge, Storm Marketing is a business not a charity. The fact that they are operating at a loss is not out of the goodness of their heart. Vin is a good guy, and I'm sure his partners are as well. But they're also smart guys. They are expecting a return on their investment eventually
2) Donating to a church, school, or other charity to help those in need is a whole lot different then throwing money in to an NIL pot so that an 18 year old walk on(for example) can drive around in a brand new mercedes. What about all the other college students who are really struggling to pay for school and live?

So please let's not make this out to be something it ain't.
 
Alumni Hall said:
Can anyone indicate what the % of donated money actually goes into the pockets of our players? Like the quoted poster NJFAN I would also like to be assured that the donated money or the majority of it (85-100%) is going to the players. Corporations like American Red Cross and similar have to disclose their functional, operational and administrative costs. Does Storm Marketing disclose this to their NIL contributors prior to donating. There are no disclosures of their web site. I would certainly like to donate either to them or to Nick V and his area In the near future to help Coach Pitino and the players.
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Don't you know that your not allowed to ask sensible questions like that around here AH? You're just supposed to blindly throw money at NIL or you're not only a horrible fan, but you're an even worse human being!!!!
 
Within a few years I'd bet money that some of these NIL guys(not the Storm Marketing Guys) wind up on an episode of American Greed.
 
I'm curious as to how the fan base weighs the decision between donating to the Red White Club or Storm Marketing. I recognize they fill different needs but I'm wondering which direction money flows if it's an either/or decision.
 
Alumni Hall said:
Can anyone indicate what the % of donated money actually goes into the pockets of our players? Like the quoted poster NJFAN I would also like to be assured that the donated money or the majority of it (85-100%) is going to the players. Corporations like American Red Cross and similar have to disclose their functional, operational and administrative costs. Does Storm Marketing disclose this to their NIL contributors prior to donating. There are no disclosures of their web site. I would certainly like to donate either to them or to Nick V and his area In the near future to help Coach Pitino and the players.
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To my knowledge 95% of money donated goes to players. Since Storm marketing's principals are attorneys, they also provide legal services to corporations providing NIL. Also to my knowledge some collectives around the country charge as much as 20% as a fee which goes to.operating expenses.
I think it's great you want to help. You could split your donation between the school and NIL.
 
Beasts of the East said:
To my knowledge 95% of money donated goes to players. Since Storm marketing's principals are attorneys, they also provide legal services to corporations providing NIL. Also to my knowledge some collectives around the country charge as much as 20% as a fee which goes to.operating expenses.
I think it's great you want to help. You could split your donation between the school and NIL.
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Initially, I wasn't a fan of the NIL system. No issue with the players profiting off true (or pure) NIL, more the fan-collective piece. Then I quickly realized that many major programs were being supported by fan collectives/NIL programs. So I donate to Storm Marketing. Either join or risk being left behind.

It's the world we live in, folks. The reality is I'm pretty well-off financially for someone my age. This program, good and bad, is one of my true hobbies and non-family/work-related passions. So the support is justified if it helps our basketball program, in my view, especially when I consider other non-family "stuff" I spend money on annually. With Pitino here, I'm even more enthused. And this coming from someone who played a sport in college, not on scholarship, with my parents paying tuition. So I certainly get the counterview.

Being pretty well-off for someone my age, I'd support our efforts even more if I did not have a number of young kids and the associated expenses (and future expenses) that come with that responsibility. If my kids were out of school, and I was in the same position financially or even less, I'd be supporting our NIL even more. Hopefully I'm in a position down-the-road where I can do that. Because if 15 years from now NIL is still in its current form, and I'm still fortunate enough to be where I am career-wise or better, SJU basketball can count on me for even more financial support (and I'm not an alum, just a big-time fan).

I take the view that it is not cool to spend other people's money. That said, if those that frequent this forum consider even a small annual donation to Storm Marketing, it helps. What you spend on a dinner or two during the year, or any number of ancillary expenses, can help make our basketball program what we want it to be, and provide the type of fan-enjoyment and experience we want. My kids are now starting to get into SJU basketball, and it is something we enjoy together. Taking them to hotly-contested BE games, MSG tourney games, or god-willing NCAA tourney games is and would be a cherished experience. I've already checked off the box for the first 2, and they still talk about it even at their young age. I don't get those experiences if our basketball program is not where want it to be.

And if had millions in the bank, or less but was retired or close to retirement, or did not have the "kid expenses" presently or on the horizon to think about, or God-willing access to even more $, I would for sure increase what I presently donate towards NIL.
 
njfan said:
I'm sorry but to just donate 10 bucks a month to support NIL. Where we never see where the money is going actually or how it's being used (aka 1k for Soriano advertising). Plus we get nothing in return either . Not being greedy but NIL isn't a charity. Yes players deserve the money but from video game companies advertising agency's not us chipping in blindly. Not sure how that's the original intent
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Well you do have the option to donate the money to Redmen:redfans where you do know the money is used to fund the website you post on
 
mjmaherjr said:
Well you do have the option to donate the money to Redmen:redfans where you do know the money is used to fund the website you post on
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I would probably feel a little better about Storm Marketing soliciting donations from posters on this forum if I saw one those contribution symbols next to their name. Just sayin'
 
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hardytime said:
Initially, I wasn't a fan of the NIL system. No issue with the players profiting off true (or pure) NIL, more the fan-collective piece. Then I quickly realized that many major programs were being supported by fan collectives/NIL programs. So I donate to Storm Marketing. Either join or risk being left behind.

It's the world we live in, folks. The reality is I'm pretty well-off financially for someone my age. This program, good and bad, is one of my true hobbies and non-family/work-related passions. So the support is justified if it helps our basketball program, in my view, especially when I consider other non-family "stuff" I spend money on annually. With Pitino here, I'm even more enthused. And this coming from someone who played a sport in college, not on scholarship, with my parents paying tuition. So I certainly get the counterview.

Being pretty well-off for someone my age, I'd support our efforts even more if I did not have a number of young kids and the associated expenses (and future expenses) that come with that responsibility. If my kids were out of school, and I was in the same position financially or even less, I'd be supporting our NIL even more. Hopefully I'm in a position down-the-road where I can do that. Because if 15 years from now NIL is still in its current form, and I'm still fortunate enough to be where I am career-wise or better, SJU basketball can count on me for even more financial support (and I'm not an alum, just a big-time fan).

I take the view that it is not cool to spend other people's money. That said, if those that frequent this forum consider even a small annual donation to Storm Marketing, it helps. What you spend on a dinner or two during the year, or any number of ancillary expenses, can help make our basketball program what we want it to be, and provide the type of fan-enjoyment and experience we want. My kids are now starting to get into SJU basketball, and it is something we enjoy together. Taking them to hotly-contested BE games, MSG tourney games, or god-willing NCAA tourney games is and would be a cherished experience. I've already checked off the box for the first 2, and they still talk about it even at their young age. I don't get those experiences if our basketball program is not where want it to be.

And if had millions in the bank, or less but was retired or close to retirement, or did not have the "kid expenses" presently or on the horizon to think about, or God-willing access to even more $, I would for sure increase what I presently donate towards NIL.
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I think that those that frequent this forum should consider a small donation to this forum before considering any donation to the NIL, but that's just me.
 
Alumni Hall said:
Can anyone indicate what the % of donated money actually goes into the pockets of our players? Like the quoted poster NJFAN I would also like to be assured that the donated money or the majority of it (85-100%) is going to the players. Corporations like American Red Cross and similar have to disclose their functional, operational and administrative costs. Does Storm Marketing disclose this to their NIL contributors prior to donating. There are no disclosures of their web site. I would certainly like to donate either to them or to Nick V and his area In the near future to help Coach Pitino and the players.
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I can guarantee any donations to mjmaherjrmarketing.com go to mjmaherjr but I will buy drinks at Novita
 
firestorm said:
I'm curious as to how the fan base weighs the decision between donating to the Red White Club or Storm Marketing. I recognize they fill different needs but I'm wondering which direction money flows if it's an either/or decision.
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with what you have stolen from us in redmen.com fantasy football last 10 years I'd recommend

1.mjmaherjr
2.mjmaherjr
3.redmen/redfans
4.Redstormmarketing
5.section114 mjmaherjr bronx pale ale fund
6. red cross
7. canada wile fire fund
 
njfan said:
I'm sorry but to just donate 10 bucks a month to support NIL. Where we never see where the money is going actually or how it's being used (aka 1k for Soriano advertising). Plus we get nothing in return either . Not being greedy but NIL isn't a charity. Yes players deserve the money but from video game companies advertising agency's not us chipping in blindly. Not sure how that's the original intent
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Like Beasts of the East said, your donating $ just like you potentially would to any "charitable" organization. In this case, IT'S LITERALLY YOUR FAVORITE BASKETBALL PROGRAM!! The one you go to games to, buy merchandise, watch on tv. They provide you (allegedly) entertainment, joy (sometimes) and happiness. I know the natural first reaction to a donation is what do I get back, but in this case you hope that they land you the Simeon Wilchers, Jordan Dingles, Brady Dunlaps etc etc etc. That's the return. So yes it may not be a charity in that sense but you're giving $ towards something you (allegedly) love and support.

Asking Mike Repole, or wealthy donors to donate non stop is not a sustainable model. Having fans chip in with smaller amounts, albeit consistently, in conjunction with larger donations is how you succeed in this era. And obviously winning basketball games.
 
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