FKIM01 Posted April 23, 2022 Report Share Posted April 23, 2022 12 minutes ago, Purdue7 said: Family relation helped put together Cook family NIL as a charity I see. I'm a tad surprised by that as charitable contributions are limited but marketing write-offs aren't. Not that I think the Cooks will hit that limit but why put it in place to begin with? Regardless, the recipient will have to report income. Quote Link to comment Share on other sites More sharing options...
Purdue7 Posted April 23, 2022 Report Share Posted April 23, 2022 12 minutes ago, FKIM01 said: I see. I'm a tad surprised by that as charitable contributions are limited but marketing write-offs aren't. Not that I think the Cooks will hit that limit but why put it in place to begin with? Regardless, the recipient will have to report income. Some school will get busted providing an extra benefit…..a tax lawyer 😳 3 Quote Link to comment Share on other sites More sharing options...
IU Scott Posted April 23, 2022 Report Share Posted April 23, 2022 2 hours ago, Stlboiler23 said: I think they will. Too much at stake not too IMO. Our AD can be notoriously slow to implement things so this unfortunately didn’t come as a shock that we didn’t have our shit together already. Pack is gone we already have another guard visiting today I believe. From what I have heard that a lot of Purdue grads don't stay around Indiana so is there that many rich Purdue grads that stays connected to the program. Quote Link to comment Share on other sites More sharing options...
Stlboiler23 Posted April 23, 2022 Report Share Posted April 23, 2022 6 minutes ago, IU Scott said: From what I have heard that a lot of Purdue grads don't stay around Indiana so is there that many rich Purdue grads that stays connected to the program. Don’t think that’s really an issue IMO. Just need to get everyone on board is all. The money will be there if we decide to go all in. 1 Quote Link to comment Share on other sites More sharing options...
IU Scott Posted April 23, 2022 Report Share Posted April 23, 2022 3 minutes ago, Stlboiler23 said: Don’t think that’s really an issue IMO. Just need to get everyone on board is all. The money will be there if we decide to go all in. It just depends on how many of those donors are interested in sports enough to throw that kind of money around Quote Link to comment Share on other sites More sharing options...
thirdgenhoosier Posted April 23, 2022 Report Share Posted April 23, 2022 Are you guys done talking about Purdue yet? 2 3 4 Quote Link to comment Share on other sites More sharing options...
Hoosierfan1901 Posted April 23, 2022 Report Share Posted April 23, 2022 Pack has committed to Miami 2 3 Quote Link to comment Share on other sites More sharing options...
3Ballin Posted April 23, 2022 Report Share Posted April 23, 2022 22 hours ago, btownqb said: I remember even worse reactions when we had Zeisloft transfer in. Ive said it many times the last few years, but ill say it again....this time a little louder for the old guys and the people in the back. I WOULD LOOOOOOVE TO HAVE ANOTHER ZIESLOFT!!!!!! 1 Quote Link to comment Share on other sites More sharing options...
btownqb Posted April 23, 2022 Report Share Posted April 23, 2022 2 minutes ago, 3Ballin said: Ive said it many times the last few years, but ill say it again....this time a little louder for the old guys and the people in the back. I WOULD LOOOOOOVE TO HAVE ANOTHER ZIESLOFT!!!!!! Did anyone think that when he transferred here, though? Quote Link to comment Share on other sites More sharing options...
Stlboiler23 Posted April 23, 2022 Report Share Posted April 23, 2022 All I can say is LOL 1 3 1 Quote Link to comment Share on other sites More sharing options...
3Ballin Posted April 23, 2022 Report Share Posted April 23, 2022 2 minutes ago, btownqb said: Did anyone think that when he transferred here, though? No, i believe the HSN scouting collective had him pegged as Matt Roth 2.0 ......which again, wouldnt piss me off to go with the team we have now. But your point is well made and i wasnt trying to disprove it. 1 Quote Link to comment Share on other sites More sharing options...
TheWatShot Posted April 23, 2022 Report Share Posted April 23, 2022 I wonder if Nick Baumgart is disappointed. He said a couple weeks ago Purdue would have the best player in the Big Ten at three different positions if they got Pack. 1 Quote Link to comment Share on other sites More sharing options...
rico Posted April 23, 2022 Report Share Posted April 23, 2022 10 minutes ago, Stlboiler23 said: All I can say is LOL What kind of car? 1 Quote Link to comment Share on other sites More sharing options...
Seeking6 Posted April 23, 2022 Report Share Posted April 23, 2022 Just now, rico said: What kind of car? QB for Canes Tyler Van Dyke got a BMW 750I as long as he's there. Sorry though....$400k for Nijel Pack? I'm just curious how Ruiz is making this back on LifeWallet?? 2 Quote Link to comment Share on other sites More sharing options...
SawatchHoosier Posted April 23, 2022 Report Share Posted April 23, 2022 Just now, Seeking6 said: Sorry though....$400k for Nijel Pack? I'm just curious how Ruiz is making this back on LifeWallet?? Gonna have to throw my Purdue friends a life-vest because of Life Wallet? 1 Quote Link to comment Share on other sites More sharing options...
BGleas Posted April 23, 2022 Report Share Posted April 23, 2022 17 minutes ago, Stlboiler23 said: All I can say is LOL I'm not against NIL, but the repercussions are going to be interesting to monitor the next few years. Definitely upside with more guys staying in college, and we should experience upside for IU basketball, but I can see a lot of good coaches following guys like Jay Wright and Roy Williams in getting out of the business. Don't get me wrong, I hate Purdue like you all do, but if you're Matt Painter today you have to wonder why you're still doing this. Sure, some guys have always been getting paid, but not like this and not a guy like Pack. I would assume if this transfer had happened even as recently as two years ago, Pack would be at Purdue. 6 1 Quote Link to comment Share on other sites More sharing options...
Stlboiler23 Posted April 23, 2022 Report Share Posted April 23, 2022 7 minutes ago, Seeking6 said: QB for Canes Tyler Van Dyke got a BMW 750I as long as he's there. Sorry though....$400k for Nijel Pack? I'm just curious how Ruiz is making this back on LifeWallet?? $400k a year lol. $800k if he stays both years. It’s absurd. 3 Quote Link to comment Share on other sites More sharing options...
Stlboiler23 Posted April 23, 2022 Report Share Posted April 23, 2022 10 minutes ago, rico said: What kind of car? Hyundai Elantra 3 Quote Link to comment Share on other sites More sharing options...
Stlboiler23 Posted April 23, 2022 Report Share Posted April 23, 2022 5 minutes ago, BGleas said: I'm not against NIL, but the repercussions are going to be interesting to monitor the next few years. Definitely upside with more guys staying in college, and we should experience upside for IU basketball, but I can see a lot of good coaches following guys like Jay Wright and Roy Williams in getting out of the business. Don't get me wrong, I hate Purdue like you all do, but if you're Matt Painter today you have to wonder why you're still doing this. Sure, some guys have always been getting paid, but not like this and not a guy like Pack. I would assume if this transfer had happened even as recently as two years ago, Pack would be at Purdue. You hit the nail on the head. I could see Painter being like F this and retire earlier than he would’ve planned. If you take NIL out of the equation, Pack would be at Purdue with no questions asked IMO. 1 Quote Link to comment Share on other sites More sharing options...
Seeking6 Posted April 23, 2022 Report Share Posted April 23, 2022 5 minutes ago, BGleas said: I'm not against NIL, but the repercussions are going to be interesting to monitor the next few years. Definitely upside with more guys staying in college, and we should experience upside for IU basketball, but I can see a lot of good coaches following guys like Jay Wright and Roy Williams in getting out of the business. Don't get me wrong, I hate Purdue like you all do, but if you're Matt Painter today you have to wonder why you're still doing this. Sure, some guys have always been getting paid, but not like this and not a guy like Pack. I would assume if this transfer had happened even as recently as two years ago, Pack would be at Purdue. If you believe something as much as Painter or Purdue does....you dig back in and go to work. Just like Knight did while owning College Hoops for better part of 20 years. When stuff like this happens...you dig deeper. Or you can just go the Blue Chips route but legally. Quote Link to comment Share on other sites More sharing options...
Stlboiler23 Posted April 23, 2022 Report Share Posted April 23, 2022 And then there’s this quote… like come on Nijel we know that’s not why you picked Miami lol. It may have been a factor but it wasn’t the main reason or anything close to it. 5 Quote Link to comment Share on other sites More sharing options...
BGleas Posted April 23, 2022 Report Share Posted April 23, 2022 Just now, Stlboiler23 said: You hit the nail on the head. I could see Painter being like F this and retire earlier than he would’ve planned. If you take NIL out of the equation, Pack would be at Purdue with no questions asked IMO. Agree. I can't imagine Painter is long for staying in coaching at this point, unless he's able and willing to pivot Purdue into something like a Wisconsin model and remain winning. Quote Link to comment Share on other sites More sharing options...
btownqb Posted April 23, 2022 Report Share Posted April 23, 2022 22 minutes ago, 3Ballin said: No, i believe the HSN scouting collective had him pegged as Matt Roth 2.0 ......which again, wouldnt piss me off to go with the team we have now. But your point is well made and i wasnt trying to disprove it. You're good. I flipping love Zeis! 1 Quote Link to comment Share on other sites More sharing options...
btownqb Posted April 23, 2022 Report Share Posted April 23, 2022 Just now, Stlboiler23 said: And then there’s this quote… like come on Nijel we know that’s not why you picked Miami lol. It may have been a factor but it wasn’t the main reason or anything close to it. Well.. its certainly more true then your coach, in that regard. 1 Quote Link to comment Share on other sites More sharing options...
BGleas Posted April 23, 2022 Report Share Posted April 23, 2022 1 minute ago, Seeking6 said: If you believe something as much as Painter or Purdue does....you dig back in and go to work. Just like Knight did while owning College Hoops for better part of 20 years. When stuff like this happens...you dig deeper. Or you can just go the Blue Chips route but legally. Confused on what Bob Knight has to do with this? Otherwise, you don't "dig in" if you don't have interest in digging in. Painter didn't just lose out on a 5* player to Duke. He lost an in-state Kansas St transfer to freaking Miami over an NIL deal. 2 1 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.