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re: Who are these billionaire LSU boosters that are throwing money around?

Posted on 11/27/15 at 11:53 pm to
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
142456 posts
Posted on 11/27/15 at 11:53 pm to
quote:

He's not a billionaire though. He hired Saban though
that though though
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167503 posts
Posted on 11/27/15 at 11:54 pm to
quote:

Just got off the phone with the richest alum in LSU history. Not saying his name but be does post here.





It's crazy to me that people believe 7thWardtiger is just some regular black guy from Jackson working in a rim shop. If they only knew...
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 11/27/15 at 11:54 pm to
quote:

this is not just money there are assets tied up in it as well such as real estate and land holdings


Oh, I thought that went to the players.
Posted by G Vice
Lafayette, LA
Member since Dec 2006
12925 posts
Posted on 11/27/15 at 11:55 pm to
So said a mega-donor regularly gives in the neighborhood of $10M to LSU, told the AD last year that if he didn't get a new head coach, he wouldn't donate another penny...........and kept his word.

Regarding Alleva: it doesn't much matter what your opinion is of him, the big money players pull the strings.

FACT.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167503 posts
Posted on 11/27/15 at 11:55 pm to
quote:

He hired Saban though, and Dinardo.





No one single person does the hiring so either you or him are FoS...or both.
Posted by Kafka
I am the moral conscience of TD
Member since Jul 2007
142456 posts
Posted on 11/27/15 at 11:57 pm to
quote:

It's crazy to me that people believe 7thWardtiger is just some regular black guy from Jackson working in a rim shop. If they only knew...
sure he got started slinging crack, but he made his big money bringing in Owlie's relatives from Mexico
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 11/27/15 at 11:58 pm to
quote:

Your analogy implies that someone worth $500k won't give $10k over 5 years.



It'd be naive to believe that this is the only time they've given in the past 10 years or in the next 10 years. You don't just nut up for this and then disappear.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167503 posts
Posted on 11/27/15 at 11:58 pm to
quote:

So said a mega-donor regularly gives in the neighborhood of $10M to LSU,


LSU doesn't have a single donor of that size. Very few schools do outside of T Boone Pickens, Jerry Jones, the Walton family, etc.
Posted by MintBerry Crunch
Member since Nov 2010
4863 posts
Posted on 11/28/15 at 12:00 am to
Skip Bertman
This post was edited on 11/28/15 at 1:12 am
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 11/28/15 at 12:02 am to
quote:

It'd be naive to believe that this is the only time they've given in the past 10 years or in the next 10 years. You don't just nut up for this and then disappear.


Correct. Someone worth half a million is likely giving more than $2,000 a year out.

In short, this is nothing.
Posted by G Vice
Lafayette, LA
Member since Dec 2006
12925 posts
Posted on 11/28/15 at 12:04 am to
I thought that number was off as well.

But the message is still the same: major donors make things happen behind the scenes, and the public AD function is only a figurehead at times.
Posted by SabiDojo
Open to any suggestions.
Member since Nov 2010
83953 posts
Posted on 11/28/15 at 12:08 am to
quote:

It's crazy to me that people believe 7thWardtiger is just some regular black guy from Jackson working in a rim shop. If they only knew


Dude has the whole 3rd Coast locked up
Posted by lsusystem
Member since Jun 2007
351 posts
Posted on 11/28/15 at 12:16 am to
To think that the S on the LSU helmet was going to be removed when state funding is less every year but the athletic department does not use a dollar of state funding. Maybe they will replace the S with a $ for the new coach's cap.
Posted by OweO
Plaquemine, La
Member since Sep 2009
114040 posts
Posted on 11/28/15 at 12:19 am to
I use to donate $150k every 6 months but due to this Les Miles situation I am sending my money to Tulane.
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10056 posts
Posted on 11/28/15 at 12:20 am to
Do you guys realize that booster contributions are reported in financial statements by public institutions, or are you having too much fun fantasizing about shadow athletic departments run by billionaires that stroke ten million dollar handouts?

That kind of shite doesn't fly under the radar.
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 11/28/15 at 12:28 am to
quote:

Do you guys realize that booster contributions are reported in financial statements by public institutions


Not when they are given to a separate foundation.
Posted by The Third Leg
Idiot Out Wandering Around
Member since May 2014
10056 posts
Posted on 11/28/15 at 12:37 am to
So you're telling me that LSU shields their donor contributions from public record altogether?

I'm not saying the individual donor could be identified, if he desired to remain unknown, but rather his contributions would be reported along with the rest. If LSU were regularly receiving ten million dollar donations, it would be reported.

Iowa is a top fifteen revenue program, and I think their largest single pledge was like twenty million over many years.
Posted by G Vice
Lafayette, LA
Member since Dec 2006
12925 posts
Posted on 11/28/15 at 12:37 am to
quote:

Do you guys realize that booster contributions are reported in financial statements by public institutions, or are you having too much fun fantasizing about shadow athletic departments run by billionaires that stroke ten million dollar handouts?

That kind of shite doesn't fly under the radar.

Of course I realize all of this.

I only made my post in response to the recent threads about Alleva: what he's done, what he didn't do, what he needs to do, if he had balls he'd do this, it's a shame the way he's handled this.

There are other major influences at play.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 11/28/15 at 12:39 am to
quote:

So you're telling me that LSU shields their donor contributions from public record altogether?



TAF?
Posted by ApexTiger
cary nc
Member since Oct 2003
53777 posts
Posted on 11/28/15 at 12:42 am to
quote:


Who are these billionaire LSU boosters that are throwing money around?
Just got off the phone with the richest alum in LSU history. Not saying his name but be does post here


Shaq?
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