Started By
Message

re: Is Ole Miss really financing their NIL play?

Posted on 1/23/24 at 11:41 am to
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
53432 posts
Posted on 1/23/24 at 11:41 am to
quote:

Heard this yesterday….


I have a friend who is an Ole Miss donor and he told me back in December that they are borrowing money to pay NIL to go all in on 2024.

Their hope is that a serious natty run can get them over the hurdle and into the top tier conversation.
Posted by ManBearSharkReb
Member since Dec 2018
3812 posts
Posted on 1/23/24 at 11:45 am to
quote:

I have a friend


No you don’t.
Posted by Henry Jones Jr
Member since Jun 2011
68774 posts
Posted on 1/23/24 at 12:09 pm to
quote:

I have a friend who is an Ole Miss donor and he told me back in December that they are borrowing money to pay NIL to go all in on 2024.
This was a rumor started on a Mississippi State board called Elite Dawgs because they couldn’t fathom that we actually have that much more money than them to spend on football. Not all State fans are crazy but that message board is a special kind of stupid/crazy
Posted by MadisonReb10
Brandon, MS
Member since Aug 2010
889 posts
Posted on 1/23/24 at 12:16 pm to
quote:

I have a friend who is an Ole Miss donor and he told me back in December that they are borrowing money to pay NIL to go all in on 2024.


What kind of banking or financial institution is giving people or a collective for that matter that much money with no security? What type of collateral do you think would be needed to finance millions of dollars? People aren’t taking out 2nd mortgages or doing a cash-out refinance on their homes. This shite is funny
Posted by Insurancerebel
Madison
Member since Aug 2021
1593 posts
Posted on 1/23/24 at 12:53 pm to
quote:

I have a friend who is an Ole Miss donor and he told me back in December that they are borrowing money to pay NIL to go all in on 2024.

Their hope is that a serious natty run can get them over the hurdle and into the top tier conversation.




Rumor was around about last years as well. Started by the poors in starkville.

Go to the bank and ask for $12 million dollars, and then tell them you plan on giving it to a college kid, with no intention of ever collecting it back. Let me know how that goes for you.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow SECRant for SEC Football News
Follow us on Twitter and Facebook to get the latest updates on SEC Football and Recruiting.

FacebookTwitter