If Spencer has any interest in coaching
- Thread starter Sullivan
- Start date
Thanks for clarifying.
Sounds to me more like a brainstorming session to support a very specific goal (maximize world class talent in the room) than a briefing of actions taken to date. Nothing wrong with exploring any and all gray area options as a prerequisite to action.
You need to refrain from implying that @Corby2 has problems with reading comprehension...this wasn't posted on the PSU board.
Seriously, I'm not sure that the Corbster even deigns to do more than skim posts when it's approaching mid-day by the pool in AZ. It's more like:
..."hmm, NDA?"...raises sunglasses, wipes brow, takes a sip from the sweating glass of a freshly-made Arnold Palmer...types an irrelevant 6-word response on the Hawkeye Report..."Yup, did you know that the use of NDAs is exploding in college athletics these days, Crystal. NIL is making it happen. Exploding I tell you"...lowers sunglasses, another swig of AP, folds hands behind head..."It's a glorious day, Christie-baby, just glorious isn't it?
So, does this mean Spencer is interested in coaching some day?
He has that valuable degree in Sports and rec managment. Coaching or phys ed teacher is about right.
He’s a millionaire in his mid 20s and you’re broke pretending to be a girl on a Iowa wrestling message board
Perhaps you recognize some names below.
Penn State has likely had more money than 9.9 scholarships for quite some time. So I believe it is more likely the discussion and planning could've been to change as many as possible endowments (likely student aid/scholarships) to post graduation loan forgiveness. That would actually use the money as intended (uncapped by 9.9) and meet the stated goal of more top-quality guys in the room.
In any event, the NLWC wouldn't necessarily be involved. But maybe they could maintain their charitable status like The Shakeout Endowment does.
Shakeout Endowment – Shakeout
shakeoutinc.org
Everything is above board. Nothing shady about it.
Not sure why University of Iowa wouldn't have set up loan forgiveness endowments for graduated former athletes.
From PSU website, Penn State Wrestling Scholarships and Endowments as of June 2018:
Position:
Michael and Patricia Allegrucci Wrestling Position Scholarship
D. F. and Charlotte Bennett Wrestling Scholarship
Kenton and Audrey Broyles Endowed Wrestling Scholarship
Galen E. Dreibelbis Wrestling Scholarship
Mel Kling Endowed Scholarship for Wrestlers
Rich Lorenzo, Head Wrestling Coach from 1979-1992, Endowed Wrestling Scholarship
Raymond Shibley Wrestling Endowment
Lubert Family Varsity Wrestling Coaches Endowment
Named:
Homer Barr Memorial/Jack Light Wrestling Scholarship
Richard P. Boehmer Memorial Wrestling Scholarship
Lauren E. Brinjac Wrestling Scholarship
R. Paul and Ora Campbell Wrestling Scholarship
Central Pennsylvania Chapter of the Nittany Lion Club Wrestling Endowment
Robert J. Chaney Family Endowed Wrestling Scholarship
Rodney L. and Casey C. Fletcher Wrestling Scholarship
Larry Fornicola Award
William and Henrietta Grosz Endowed Wrestling Scholarship
Terry D. Hyde Wrestling Scholarship
Thomas H. Irving Wrestling Scholarship
Bill and Kim Kerlin Endowed Wrestling Scholarship
Martin G. Lane, Jr. and Sherri L. Phillips Endowed Wrestling Scholarship
Dan and Kathy Langdon Wrestling Scholarship
The Lowe Family Endowed Wrestling Scholarship
Navasky Family Endowed Fund for Wrestling
Robert and Kim Nielsen Endowed Wrestling Scholarship
Michael and Andrew Ortenzio Endowed Wrestling Scholarship
Michael J. and Ruth S. Patrick Endowed Wrestling Scholarship
Mark Piven Wrestling Scholarship
Richard and Lorraine Puleo Endowed Wrestling Scholarship
Dean B. Seltzer Wrestling Scholarship
Thomas F. Songer II and Sara H. Songer Athletic/Engineering Scholarship
Sourbeer Families Endowed Wrestling Scholarship
Edwin F. Stewart, Jr. Endowed Wrestling Scholarship
Martin L. Strayer and Eleanor H. Strayer Endowed Wrestling Scholarship
Program:
Lloyd and Dorothy Huck Family Wrestling Fund
Howard K. Johnston Memorial Wrestling Endowment
Ira M. Lubert Endowment
Lubert Family Varsity Wrestling Coaches Endowment
Penn State Wrestling Endowment
Tarvin Family Program Support Fund for Wrestling
Peter G. and Ann C. Tombros Program Endowment for Wrestling
Tucker-Oishi Greco Roman/ Freestyle Program Support Fund
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To answer @MSU158
Yes.
If they were encouraging endowments for loan forgiveness of former graduated athletes, I believe they would openly tell me. But now with the 30 scholarship roster limit, they probably can make more efficient use of the prior scholarships that weren't arranged as or changed to loan forgiveness endowments. So I don't know to what degree this past preference might be presently preferable.
Yes.
If they were encouraging endowments for loan forgiveness of former graduated athletes, I believe they would openly tell me. But now with the 30 scholarship roster limit, they probably can make more efficient use of the prior scholarships that weren't arranged as or changed to loan forgiveness endowments. So I don't know to what degree this past preference might be presently preferable.
The issue isn't what you are listing. The issue would be promising it as part of the recruiting process. Prior to NIL, the rules were pretty strict about what you were offering, let alone guaranteeing a prospective student athlete...
Now who's into minutae.
They could apply for endowment(s). There's no guarantee. During recruitment PSU reps could state endowments exist and their current value. They could also demonstrate the kind of athletes who have successfully received such endowments. No promises need be made.
This would be doing things by the book.
Cael and Mitchell Messenbrink were recently separately on Coach Cornell Robinson's, The Money Round podcast. Both stated PSU does everything by the book, similar to what Cael mentioned after nationals.
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