What are your goals for Richmond basketball?

[mr.spider]

What are your goals and what will it take to achieve each including NIL dollar amounts?

 

[mr.spider]

I'll take a stab at NIL Dollars needed for each goal. I have no idea, though. What do you think?

Field a team: $0
Compete: $750K
Win A10: $1.5M
NCAA: $2.5M
NCAA Deep Runs: $5M

I expect in order to be successful the numbers, whatever they are, will need to rise quickly.

 

[mr.spider]

If we were willing to use our endowment to fund the NIL along with Spider Collective, we could put ourselves in a pretty good place to start. If we assumed about 5% interest, which is probably low for the amount of money we have in our endowment and took 3% of the interest for NIl, we'd have 4.5M / year plus Spider Collective funds. It would be a great head start for sure!

 

[Anachnid]

As shown by Texas A&M football, you can pay to have the highest rated recruited class but without the right program leader you have nothing.