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re: How does Auburn have so much money

Posted on 12/16/20 at 11:59 am to
Posted by LSUtoOmaha
Nashville
Member since Apr 2004
26705 posts
Posted on 12/16/20 at 11:59 am to
That’s actually pretty cool
Posted by HeadSlash
TEAM LIVE BADASS - St. GEORGE
Member since Aug 2006
54608 posts
Posted on 12/16/20 at 3:35 pm to
quote:

And LSU has plenty of money. There are just a bunch of morons who control a majority of it.


Posted by wildtigercat93
Member since Jul 2011
115521 posts
Posted on 12/16/20 at 3:37 pm to
Not to mention the SEC just signed a deal that will bring in 300 million dollars annually to the league.

Makes it a lot easier to stomach any buyout
Posted by kage
ATL
Member since Feb 2010
4068 posts
Posted on 12/17/20 at 8:59 pm to
quote:

Rane? I never would have guessed near that


10 richest people in Alabama - LINK

3. James W Rane – $900 Million
The third richest person in Alabama is James W. Rane, according to Forbes Magazine. He is the founder of Great Southern Wood Preserving Inc. He surpassed the wealth of the late Gary Drummond who previously held the position with a one-time wealth estimate of $980 million, but his fortune dwindled to $600 million prior to his passing… Another of the richest residents was the late Marguerite Harbert, previously the only billionaire in the state. Rane started his career in the lumber business when he took over the family’s fence post manufacturing company. It was a small operation, but since that time, Rane has built it into an operation with a total of 15 plants.

2. Raymond, John, and Marguerite Harbert ($6.6 billion divided and total split yet unknown).
The second richest person(s) in Alabama is the Harbert children. Their parents John and Marguerite Harbert passed away leaving a $6.6 billion dollar fortune to the children, but the divisions have not yet been made, as there are legal issues ongoing. Marguerite sued her brother Raymond over allegations of mishandling of the estate, so it’s hard to tell how the situation will shake out.
Posted by misey94
Member since Jan 2007
32402 posts
Posted on 12/17/20 at 9:06 pm to
quote:

its like they have this massive war chest and have no problem spending it and running out coaches. Yet Lsu was so worried about the money when miles was fired they would not get into a bidding war with jimbo


Between YellaFella and Tim Cook, they have an impressive vault at their disposal.
Posted by Domeskeller
Astrodome
Member since Jun 2020
9589 posts
Posted on 12/17/20 at 9:07 pm to
Idiot LSU president got involved. He was more involved with scuttling the Miles firing than he was when Title IX violations were occurring. He’s now Oregon State’s problem.
This post was edited on 12/17/20 at 9:08 pm
Posted by LSUFanHouston
NOLA
Member since Jul 2009
40134 posts
Posted on 12/17/20 at 9:42 pm to
Didn't they get a lot of Under Armor money as well? Kinda like Oregon gets Nike money?
Posted by The Nino
Member since Jan 2010
21799 posts
Posted on 12/17/20 at 11:32 pm to
quote:

Didn't they get a lot of Under Armor money as well? Kinda like Oregon gets Nike money?
Eh, we get alot of support from UA, and have a large contract with them but a chunk of it is in UA stock which is like half the value of when the contract was originally signed. 2 of the top 3 wealthiest people in Alabama are Auburn booster and have served on the BOT. When money is needed they'll pony up, as long as they feel their voices are being heard. Their money is never free
Posted by SpartyGator
Detroit Lions fan
Member since Oct 2011
81215 posts
Posted on 12/18/20 at 5:58 am to
quote:

TIGER62


WHY ARE YOU YELLING?
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