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So who went to the Governor’s mansion Monday night?

Posted on 8/3/26 at 9:45 pm
Posted by JimTiger72
LA
Member since Jun 2023
19807 posts
Posted on 8/3/26 at 9:45 pm
& what does it have to do with private equity?
quote:

The Governor and the President are inviting you to a private event at the Governor's Mansion on MONDAY, August 3rd or WEDNESDAY, August 5th beginning at 6pm to get a first look at an alternative revenue generating opportunity for LSU athletics that is first of its kind nationally and could quite possibly change the future of college sports in America.

Let me be clear, this is not an ask for money. It's not a fundraiser. It's informational. This is a conversation about the future of LSU Athletics.

This post was edited on 8/4/26 at 4:44 pm
Posted by BearCrocs
Member since Aug 2013
8603 posts
Posted on 8/3/26 at 9:49 pm to
Moscona was there dumping gamecoin
Posted by Slippy
Across the rivah
Member since Aug 2005
7817 posts
Posted on 8/3/26 at 9:53 pm to
Cocktails and conversation are still going on. I stepped outside to enjoy a cigar.

Y’all aren’t gonna believe this shite.
Posted by honeybadger07
The Woodlands
Member since Jul 2015
4412 posts
Posted on 8/3/26 at 10:11 pm to
Had issues with the jets landing gear, couldn’t make it.
Posted by deathvalleytiger10
Member since Sep 2009
9414 posts
Posted on 8/3/26 at 10:37 pm to
How about asking META to use some of those tax break dollars to become our brand sponsor? The state is only giving them billions upon billions of dollars in breaks…
Posted by TJG210
New Orleans
Member since Aug 2006
29499 posts
Posted on 8/3/26 at 10:41 pm to
quote:

How about asking META to use some of those tax break dollars to become our brand sponsor? The state is only giving them billions upon billions of dollars in breaks…


Do you want jobs in this state or not? Do you realize this is what states do to lure business? Could always let politicians waste that money and let our young people leave.
This post was edited on 8/4/26 at 12:04 am
Posted by 225Tyga
Member since Oct 2013
19939 posts
Posted on 8/3/26 at 10:48 pm to
quote:

So who went to the Governor’s mansion tonight and what does it have to do with private equity?


Not much about PE.

High level plan to sell off % ownership of LSUs brand. Think of it like buying into a professional team but not being able to sell out of it for the foreseeable future to lock in the funds.

Seems to be a cash flow thing
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
32622 posts
Posted on 8/3/26 at 10:53 pm to
It’s a way to infuse a continuous revenue stream as to not have to continue to ask donors for money to fund NIL, facilities etc.
Posted by Chicken
Jackassistan
Member since Aug 2003
27632 posts
Posted on 8/3/26 at 11:00 pm to
told them I couldn't make...too busy working on the TD store
Posted by 225Tyga
Member since Oct 2013
19939 posts
Posted on 8/3/26 at 11:00 pm to
quote:

as to not have to continue to ask donors for money to fund NIL, facilities etc.
literally asking donors to buy into the LSU brand…lol

At least now donors can have a way to get something in return and treat it more like an investment than just a donation
Posted by LSUcajun77
New Orleans
Member since Nov 2008
24507 posts
Posted on 8/3/26 at 11:05 pm to
Chicken is there, should be an update soon.
Posted by The Blue Stuff
Member since Oct 2015
2526 posts
Posted on 8/4/26 at 3:25 am to
The plan is to buy lottery tickets. All the winnings go to NIL. I chipped in 5 bucks.
This post was edited on 8/4/26 at 3:25 am
Posted by The Pirate King
Pangu
Member since May 2014
69565 posts
Posted on 8/4/26 at 4:17 am to
quote:

At least now donors can have a way to get something in return and treat it more like an investment than just a donation

What's the return for donors if they can't sell their share? Bragging rights?
Posted by Jabontik
Houston
Member since Dec 2016
4566 posts
Posted on 8/4/26 at 5:23 am to
quote:

sell off % ownership of LSUs brand


Ok, the article below explains it in detail. Sale of future revenue, option to repurchase in 5 years. Sounds good to me, let it play out before getting your panties in a twist

Tiger Rag article - really detailed explanation
This post was edited on 8/4/26 at 5:38 am
Posted by CP3forMVP
Member since Nov 2010
16079 posts
Posted on 8/4/26 at 5:38 am to
quote:

Moscona was there dumping gamecoin


I think you mean pumping gamecoin
Posted by The Pirate King
Pangu
Member since May 2014
69565 posts
Posted on 8/4/26 at 6:05 am to
quote:

Ok, the article below explains it in detail. Sale of future revenue, option to repurchase in 5 years.

To summarize for those who don't want to read the whole thing, the article effectively claims they're trying to do some fancy financial maneuvering to get a $100m loan without calling it a loan. They need an infusion of cash to pay for all the new expenses.
Posted by TaderSalad
mudbug territory
Member since Jul 2014
26641 posts
Posted on 8/4/26 at 6:17 am to
My butler drowned in his pool and couldn't drive me to the meeting last night. I'll be at the Wednesday meeting if I can make a decent hire before then.
Posted by Swagga
504
Member since Dec 2009
19401 posts
Posted on 8/4/26 at 6:22 am to
quote:

The state is only giving them billions upon billions of dollars in breaks…



God you people are insufferable. The state needs jobs and there’s not a whole lot of companies looking to invest billions of dollars in rural northeast LA.

Posted by Swagga
504
Member since Dec 2009
19401 posts
Posted on 8/4/26 at 6:25 am to
quote:

To summarize for those who don't want to read the whole thing, the article effectively claims they're trying to do some fancy financial maneuvering to get a $100m loan without calling it a loan. They need an infusion of cash to pay for all the new expenses.



You’re going to melt, I’m sure. But you can’t keep asking donors to front 50 million dollar rosters, buyouts, facility upgrades, and pay for basketball and baseball without seeing any return whatsoever.


The current model isn’t sustainable for any school that wants to compete in multiple sports. This won’t be unique to LSU.
Posted by thunderbird1100
GSU Eagles fan
Member since Oct 2007
72580 posts
Posted on 8/4/26 at 6:39 am to
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