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re: Private equity/billionaires are now in active talks to buy college athletic programs.

Posted on 12/6/24 at 7:17 pm to
Posted by SteelerBravesDawg
Member since Sep 2020
43337 posts
Posted on 12/6/24 at 7:17 pm to
frick that shite.

frick private equity. They destroy everything they touch.
Posted by Who_Dat_Tiger
Member since Nov 2015
24808 posts
Posted on 12/6/24 at 7:27 pm to
Europeans and Saudis know that college football tradition and following is like football overseas. They buy stake in teams and I suspected the same kind of ownership with football with NIL when it came onboard due to the zero salary cap.

Some saudis or Chinese will soon own the crimson ride
Posted by Horsemeat
2025 Contributor Of The Year
Member since Dec 2014
15253 posts
Posted on 12/6/24 at 7:29 pm to
quote:

Raisin Canes Fighting Tigers of Louisiana State University versus the Dell Longhorns of the University of Texas live from Austin. Up next on the Dr.Pepper game of the week.
From Exxon Mobil Stadium
Posted by Tigertown in ATL
Georgia foothills
Member since Sep 2009
30216 posts
Posted on 12/6/24 at 7:30 pm to
The corruption will be beyond anything we could imagine.
Posted by Dr RC
The Money Pit
Member since Aug 2011
61313 posts
Posted on 12/6/24 at 7:34 pm to
quote:

After everything that has happened so far, and with more to come on the horizon, you still don’t understand there was no stopping or controlling this once the door was opened.


There was no way keeping the door shut. There was absolutely no way the schools could legally defend saying kids couldn't market themselves and get paid. The fact that y'all seem to think there was any way the players weren't going to eventually win their right to get paid is astounding.
Posted by CR4090
Member since Apr 2023
8248 posts
Posted on 12/6/24 at 7:35 pm to
Let it burn.
Posted by BigBinBR
Baton Rouge
Member since Mar 2023
9331 posts
Posted on 12/6/24 at 7:57 pm to
quote:

Lasry says certain colleges could sell a 51% stake in their teams at a $500M to $750M valuation and then use that money for NIL and facility upgrades.


Yeah, just like a normal VC. He wants 51% and the school will have to use all of the money the VC gave them to make the VC more money. All the while the school has lost value. Then the. c can swoop in and take an even larger share.
Posted by JamalMurry27
Tennessee Titans
Member since May 2023
8047 posts
Posted on 12/6/24 at 8:03 pm to
Is this bad for bama
Posted by SPEEDY
2005 Tiger Smack Poster of the Year
Member since Dec 2003
87148 posts
Posted on 12/6/24 at 8:08 pm to
quote:

Nobody "owns" Texas A&M football other than Texas A&M.


The Longhorns disagree
Posted by TexasTiger08
Member since Oct 2006
29200 posts
Posted on 12/6/24 at 8:52 pm to
quote:

Screw the simps that pushed so hard and never considered the mountain of unintended consequences that were obvious to everyone else.


It’s the same group that thinks the portal is cool, loves bowl game opt outs, and craves super conferences.
Posted by TexasTiger08
Member since Oct 2006
29200 posts
Posted on 12/6/24 at 8:56 pm to
Honest question. If someone “buys” LSU athletic program in 2026, how does attendance change? Let’s say in 2027, we see a small uniform ad, how many break then? In 2028 we get a new hoops arena named after said corporate sponsor. In 2030, only Tiger Stadium has retained a non-sponsor name.

I’m just curious how many would ACTUALLY jump ship. How many empty seats would we be looking at? Because with everything going on now, the tickets are still sold.
Posted by MemphisGuy
Germantown, TN
Member since Nov 2023
13777 posts
Posted on 12/6/24 at 8:56 pm to
quote:

Private equity

Um... they screw up everything they buy...

Got a good restaurant chain you like? Well, too bad... a private equity firm bought it and now it's gonna suck.

They'll frick up college football as well. I say No Thanks.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
45162 posts
Posted on 12/6/24 at 9:09 pm to
A&M fans like calling Texas daddy. Some weird gay fetish
Posted by chalmetteowl
Chalmette
Member since Jan 2008
53789 posts
Posted on 12/6/24 at 9:17 pm to
quote:

Honest question. If someone “buys” LSU athletic program in 2026, how does attendance change? Let’s say in 2027, we see a small uniform ad, how many break then? In 2028 we get a new hoops arena named after said corporate sponsor. In 2030, only Tiger Stadium has retained a non-sponsor name.

I’m just curious how many would ACTUALLY jump ship. How many empty seats would we be looking at? Because with everything going on now, the tickets are still sold.


You’d think the smaller conferences would hop on this train first… they need the money more
Posted by red sox fan 13
Valley Park
Member since Aug 2018
18497 posts
Posted on 12/6/24 at 9:19 pm to
Private equity sucks up all the money it can and then casts aside everything it touches. As bad as things are with NIL and the portal, this would actually legitimately destroy college athletics.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 12/6/24 at 9:22 pm to
quote:

Nobody "owns" Texas A&M football other than Texas A&M. This dickhead is talking about private equity pukes having majority control of your favorite school's team. If those leeches gain control the sport will be driven into the dirt w/quickness.


To be fair, college football is doing that well enough on their own.
Posted by funnystuff
Member since Nov 2012
8963 posts
Posted on 12/6/24 at 9:31 pm to
Yep, that’s exactly what people want to see
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
65226 posts
Posted on 12/6/24 at 10:13 pm to
The blue bell aggies
Posted by Saint Alfonzo
Member since Jan 2019
28398 posts
Posted on 12/6/24 at 10:23 pm to
Might as well get product endorsements popping too, like the Alabama Tampax Crimson Tide.
Posted by Celtic Tiger
Lake Charles
Member since Feb 2005
665 posts
Posted on 12/6/24 at 10:25 pm to
quote:

frick private equity. They destroy everything they touch

shite like this is why too many people are cheering an assassin in NY. It’s two inevitable conclusions to how shite is trending.
This post was edited on 12/6/24 at 10:27 pm
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