If you could pay $1000 each year to lock in a 4 star recruit for BYU, would you? What if that guy only panned out 35% of the time? Would you still do it?
Now consider that you probably have a net worth around $1M, give or take. So $1000 to you is the equivalent of $1.5M to Ryan Smith. Or $43M to Phil Knight.
And that's before getting into the idea that these are collectives, so they're a lot of rich people working together
Getting 5 or 6 CBers together to give $1000/year wouldn't be too crazy at all. And that's about how 5 or 6 oil billionaires would view giving $2M/yr for a Nico Iamaleava