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re: Shaq to become first investor in LSU arena project: ‘LSU deserves a world-class arena'
Posted on 8/23/25 at 12:57 pm to Jack Crevalle
Posted on 8/23/25 at 12:57 pm to Jack Crevalle
Hell ya Shaq!
1
Posted on 8/23/25 at 1:48 pm to TimmyTigah
Shaq is a world wide, astute, successful businessman. What makes you think he didn't write that press release? Ever hear the man talk about all his different business dealings? One of the many neat things about him is that he endorses, and uses, The General Insurance Company because "they were good to me when I was at LSU."
Posted on 8/23/25 at 2:18 pm to Hitman1381
It’ll be used for gymnastics and other smaller events.
Posted on 8/23/25 at 3:24 pm to semjase
What’s wrong with you, retard? 
Posted on 8/23/25 at 3:41 pm to Jack Crevalle
Investor? I expected “donor” to be the noun. How is he going to get an ROI?
Posted on 8/23/25 at 3:49 pm to TigerBR1111
Shaq is greatness
Posted on 8/23/25 at 4:38 pm to Saunson69
quote:
Does that mean he will play players who had great stats at LSU and just not high school kids that have done nothing? Or does that mean no NIL ever.
That I don’t know but he’s not a fan of current NIL
Posted on 8/23/25 at 5:04 pm to Hitman1381
parking lot
Posted on 8/23/25 at 5:45 pm to Penrod
quote:
Investor? I expected “donor” to be the noun. How is he going to get an ROI?
Investors are suppose to put up the money for the new arena. I take it that Shaq is intending to be one of those investors.
I would guess that he would receive a percentage of the “profits” based on his share of his investment.
Posted on 8/23/25 at 6:39 pm to doubleb
So this arena will be a for profit real estate deal? Are they charging LSU to use it? If not, how the hell are they going to make a profit?
Posted on 8/23/25 at 8:20 pm to Jack Crevalle
Diesel is the GHBOAT
Posted on 8/23/25 at 8:40 pm to Broski
quote:Shaq is worth half a billion. He doesn't write press releases or statements that are disseminated immediately after he has met privately with business and community leaders. It was a written, on-the-record statement clearly endorsed by O'Neal. The statement didn't try to hide anything because, you know, there was nothing to hide.
I always love these press release quotes that don't even try to hide that it was written by someone other than the person it is attributed to.
Posted on 8/23/25 at 8:42 pm to Penrod
quote:
So this arena will be a for profit real estate deal? Are they charging LSU to use it? If not, how the hell are they going to make a profit?
Yes, the simple explanation is the developer is going to pay for the construction and operations of the facility. LSU is putting up the land. Thee we developer will own the building for 30 years(if memory serves). LSU eill get free use of the building gif thrir MBB, WBB, and gymnastics meets. I’m not sure about volleyball.
The developer makes their money by bringing in shows, concerts and other events.
The money for the naming rights will probably go to the developer somehow.
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