Donor Run Collective formed against USC Admin Wishes

Advertisement
In response to questions from The Times, USC athletic director Mike Bohn issued a statement, representing the university’s position. It refused to acknowledge the existence of Student Body Right.

“Earlier this year, USC worked with Stay Doubted to create BLVD LLC, an agency and media company that provides NIL services to all USC student athletes,” Bohn said. “USC is not aware of a formal donor-created NIL collective. We ask any donors who would like to support USC’s athletes through NIL to please work with BLVD so that all activities are conducted in compliance with state laws and NCAA rules.”
 
An excerpt:

The Times has learned that a group of deep-pocketed USC donors and diehard fans are proceeding with their own NIL operation against the school’s wishes.

The group plans to soon launch “Student Body Right,” a third-party collective they say is essential for USC to properly compete with other top schools that feature collectives. They’re hardly alone among Trojans football fans, especially those frustrated by BLVD.

Within USC, however, the effort to start a collective outside of the university’s reach is being viewed as an existential threat that could invite serious scrutiny if the NCAA opts to enforce its NIL policies.

Dale Rech has no such concerns. A Florida-based businessman and lifelong USC fan, Rech was a Trojans football donor into the Pete Carroll era, but grew disenchanted with the athletic department and eventually cut ties. He’s leading the effort on Student Body Right, he says, to offer an NIL alternative to BLVD “for those who want to contribute to the football program without any connection to USC at all.”

The group includes Brian Kennedy, who was once one of USC’s top athletic donors and whose name still graces the Trojans’ practice field. Kennedy’s relationship with USC soured nearly a decade ago, but he confirmed to The Times that he has been involved in discussions about Student Body Right.

Details regarding how payments will be distributed to players have yet to be finalized, but Rech said the collective’s intent is to provide “the equivalent of a base salary” for every member of USC’s football team who is academically eligible. To receive those payments, players would perform community service and take part in charitable work with local organizations.
 
An excerpt:

The Times has learned that a group of deep-pocketed USC donors and diehard fans are proceeding with their own NIL operation against the school’s wishes.

The group plans to soon launch “Student Body Right,” a third-party collective they say is essential for USC to properly compete with other top schools that feature collectives. They’re hardly alone among Trojans football fans, especially those frustrated by BLVD.

Within USC, however, the effort to start a collective outside of the university’s reach is being viewed as an existential threat that could invite serious scrutiny if the NCAA opts to enforce its NIL policies.

Dale Rech has no such concerns. A Florida-based businessman and lifelong USC fan, Rech was a Trojans football donor into the Pete Carroll era, but grew disenchanted with the athletic department and eventually cut ties. He’s leading the effort on Student Body Right, he says, to offer an NIL alternative to BLVD “for those who want to contribute to the football program without any connection to USC at all.”

The group includes Brian Kennedy, who was once one of USC’s top athletic donors and whose name still graces the Trojans’ practice field. Kennedy’s relationship with USC soured nearly a decade ago, but he confirmed to The Times that he has been involved in discussions about Student Body Right.


Details regarding how payments will be distributed to players have yet to be finalized, but Rech said the collective’s intent is to provide “the equivalent of a base salary” for every member of USC’s football team who is academically eligible. To receive those payments, players would perform community service and take part in charitable work with local organizations.
yr7n0u3qzO9nG.gif
 
Community service and charitable work-hilarious. This collective is stupid and doomed to fail. We should all enjoy watching this fall apart.
Wow USC is dysfunctional.
They are probably trying to make the entity a 501c3 so donations are partially tax deductible. A lot of the collectives have charitable spins like this for that reason. It may still fail, but probably not for that reason.
 
Advertisement
They are probably trying to make the entity a 501c3 so donations are partially tax deductible. A lot of the collectives have charitable spins like this for that reason. It may still fail, but probably not for that reason.

It will definitely fail. We’re advising our HNW clients not to expect the deduction and we’re advising collectives to be for profit.
 
Back
Top