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re: Billionaire booster Mike Repole pledges to help build St. John's 'dynasty'
Posted on 3/28/26 at 7:04 pm to UnitedFruitCompany
Posted on 3/28/26 at 7:04 pm to UnitedFruitCompany
quote:
Its the same thing as buying a Monet or a Jackson Pollack. You don't get anything for it, really, but it looks pretty fricking awesome on your wall and there are only so many of them to go around.
You can resell those for profit; can't resell a high school kid or an NCAA plaque.
Posted on 3/28/26 at 7:08 pm to AHM21
This is a RICO case waiting to happen
Posted on 3/28/26 at 7:44 pm to TeddyPadillac
quote:Good talk
can’t imagine what a private citizen’s money could be used for in this state. Help me out here. You want someone to donate money to the govt?
Posted on 3/28/26 at 11:27 pm to lsupride87
quote:
Imagine what that money could actually be used for in a broke dick state like Louisiana Being rational left the window a long time ago
Let me get this straight you want some private donor to give 200 million to the louisiana government.
Posted on 3/28/26 at 11:30 pm to JerryTheKingBawler
Not if the NCAA forces Pitino to Kansas or UNC.
Posted on 3/28/26 at 11:34 pm to Porter Osborne Jr
quote:
He looks like the dude in Men in Black that had his head blown off
Monk?
Posted on 3/28/26 at 11:49 pm to JoeyP239
quote:
still don’t understand the point of a businessman buying players to get back nothing financially,
It's the ultimate billionaire flex to not care about the money
Posted on 3/29/26 at 12:15 am to JoeyP239
quote:Dude this guy has probably lost watches worth 7 figures.
still don’t understand the point of a businessman buying players to get back nothing financially,
And you’re wondering why he’d be entertained by seeing his school win while being able to buy basketball players?
Posted on 3/29/26 at 12:56 am to JoeyP239
quote:
build wealth.
They’ve already done that. They aren’t buying 20 shares of Amazon hoping it will make them rich.
Posted on 3/29/26 at 7:28 am to AHM21
This is the bozo that has gotten into horse racing and acts like a total clown.
Posted on 3/29/26 at 7:56 am to JoeyP239
quote:
“Owners” in pro sports are in it to make money and build wealth.
I don’t believe that to be true. I think it is still a status symbol. There is probably much easier ways to build more wealth with when you are in that billionaire class than pro sports.
I think it is all a status/social circle item at that point in the world of billionaires.
Posted on 3/29/26 at 8:01 am to Colonel Flagg
And on the flip side there are probably more billionaires that couldn't give a shite about sports in general especially college sports that don't watch or have any real interest other than attending the super bowl yearly for status.
Posted on 3/29/26 at 9:27 am to ike221
quote:Holy shite that was Tony in MIB
Monk
Posted on 3/29/26 at 9:41 am to lsupride87
quote:
Imagine what that money could actually be used for in a broke dick state like Louisiana Being rational left the window a long time ago
I know, right! It's not like its great for the businesses around Baton Rouge and across the state.
quote:
LSU Athletics provides a massive economic boost to Baton Rouge, generating nearly $500 million in total economic output for Louisiana, with a significant portion concentrated in the capital area. The department supports nearly 6,000 jobs statewide, drives millions in hotel, restaurant, and retail sales, and operates as a self-sufficient entity.
Now imagine how broke LA would be if they didn't invest in thier athletics!
This post was edited on 3/29/26 at 9:42 am
Posted on 3/29/26 at 9:51 am to karmew32
quote:
Not if the NCAA forces Pitino to Kansas or UNC.
Pitino is build for MSG
Posted on 3/29/26 at 10:22 am to JoeyP239
Owners in college sports may be in it for the near instant gratification.
They like winning. They may have looked at estate planning and some of their relatives who presume inheritance and all but ignore the guy with money.
Gee, sit there with many millions doing nothing but earning lousy interest as the great nephews waste money and fail to impress, or help a team become a big time winner and know how to show gratitude of thousands of fans?
Tom Benson found one way to write a will. This is another.
They like winning. They may have looked at estate planning and some of their relatives who presume inheritance and all but ignore the guy with money.
Gee, sit there with many millions doing nothing but earning lousy interest as the great nephews waste money and fail to impress, or help a team become a big time winner and know how to show gratitude of thousands of fans?
Tom Benson found one way to write a will. This is another.
Posted on 3/29/26 at 10:22 am to AHM21
It’s interesting how many colleges have billionaire boosters interested in throwing money away to win, yet pro sports teams have billionaire owners uninterested in winning and spending money at all
Posted on 3/29/26 at 10:25 am to baldona
I still think these billionaires are overated in their spend ability.
These huge enrollment schools like UF, Ohio St, Purdue, etc have major alumni bases of 500,000.
If 100,000 alumni donate $100 that’s $10 mil.
Thats still the future IMO and the small and private schools are going to have an incredibly hard time competing.
These huge enrollment schools like UF, Ohio St, Purdue, etc have major alumni bases of 500,000.
If 100,000 alumni donate $100 that’s $10 mil.
Thats still the future IMO and the small and private schools are going to have an incredibly hard time competing.
Posted on 3/29/26 at 10:51 am to baldona
quote:it takes institutional commitment to engage with those alumni
These huge enrollment schools like UF, Ohio St, Purdue, etc have major alumni bases of 500,000.
Maybe Purdue and Ohio state do that but Florida does not
Posted on 3/29/26 at 12:05 pm to AHM21
A lot of poor widows and orphans in new york this bilionare could take care of if he didnt want to selfishly make a basketball team better. Makes me sick to think of sports these days in the nil world!
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