The first thing I want to point out is that they expect to have Cincy Reigns 501c3 status cleared up in about 3 weeks. I think they're expecting good news here which surprised me a bit.
There will be a football specific booster club inside of Cincy Reigns called the Playmakers Club. It's similar to the old 1200 Club that was around in the Butch Jones era. Giving levels are 3K, 6K, 12K per year like we heard previously. There will also be a basketball specific one called Flight Club. The entry point for that one is 6 figures.
As far as where to put your donations, They need the money in Cincy Reigns. They use that money specifically for NIL with the players. NIL money is how you have to attack the portal right now to get quality transfers. More importantly that money is used to make sure we can keep the guys we have from going into the portal and leaving UC.
If you have money pledged to UCATS for future donations you will eventually have the option to flip that money over to the Cincy Reigns side if you wish to do so. They are not allowed to share money between UCATS and Cincy Reigns. The two organizations have different memberships. Not everyone donating to Cincy Reigns is a UCATS member and vice versa.
Looking forward, John Cunningham thinks this system will be in place for 2 or 3 more years and that down the road, a major overhaul of some sort will probably happen with structure of the NCAA, football, NIL, etc.
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It's actually been 5 Zoom calls overall for John. I was on one last night and I'll try and give a synopsis of mine in the morning.
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I should find out more on this issue next week. They have scheduled a second Zoom call for Wednesday.
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Originally posted by Lobot View PostUCATS is a 501c3 organization for tax purposes. Cincy Reigns had applied for that designation but the IRS is turning down certification for NIL collectives so I'm not sure that will ever happen.
Donation suggestions were made in the amount of 3K, 6K, 12K tiers. I'm not sure which side of the fence that would be directed to but it sounds like Cincy Reigns.
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Originally posted by Lobot View PostI was not on the call but it looks like there was a lot of discussion on how best to allocate donations now that NIL is important. That's a sticking point for a lot of donors right now. UCATS is a 501c3 organization for tax purposes. Cincy Reigns had applied for that designation but the IRS is turning down certification for NIL collectives so I'm not sure that will ever happen.
Donation suggestions were made in the amount of 3K, 6K, 12K tiers. I'm not sure which side of the fence that would be directed to but it sounds like Cincy Reigns.
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Originally posted by Lobot View PostAlso seeing that it looks like a football specific booster club might be coming down the pike.
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Also seeing that it looks like a football specific booster club might be coming down the pike.
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I was not on the call but it looks like there was a lot of discussion on how best to allocate donations now that NIL is important. That's a sticking point for a lot of donors right now. UCATS is a 501c3 organization for tax purposes. Cincy Reigns had applied for that designation but the IRS is turning down certification for NIL collectives so I'm not sure that will ever happen.
Donation suggestions were made in the amount of 3K, 6K, 12K tiers. I'm not sure which side of the fence that would be directed to but it sounds like Cincy Reigns.
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Saw some tweets about a zoom call last night with JC - I imagine a UCATS thing but maybe not.
Anyone attend and/or have insight?
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Coffee with Cunningham speaker on 9/21 will be Barry Tramel, the longtime OU beat reporter.
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GoBearcats just announced a contract extension for John through 2028.
Based on that it would appear that the university brass is happy with the job he's doing despite some fan base detractors.
Article is ($)
https://theathletic.com/4785862/2023...shared_articleLast edited by Lobot; 08-18-2023, 11:20 AM.
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Originally posted by bearcatbret View PostCoffee with Cunningham:
Tuesday, August 15, 2023
Time: 7:30 a.m. – 8:30 a.m. ET
Questions in Advance?: https://cpaw.me/CoffeeQs
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Coffee with Cunningham:
Tuesday, August 15, 2023
Time: 7:30 a.m. – 8:30 a.m. ET
Questions in Advance?: https://cpaw.me/CoffeeQs
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Originally posted by Lobot View PostSpeaking of John, He seems to like young, up and coming coaches with a good track record. Wes just turned 40 and Katrina Merriweather is also 40. Satterfield is 50. Erica Demers is sub 40 but I can't find her actual age anywhere. Unless I missed someone, those are the only HCs he's hired. All the other coaches are from the Bohn zone or earlier.
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