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re: Private equity/billionaires are now in active talks to buy college athletic programs.
Posted on 12/6/24 at 10:28 pm to Dr RC
Posted on 12/6/24 at 10:28 pm to Dr RC
quote:They never said “kids can’t market themselves and get paid”. They just said you couldn’t participate as an athlete in their association if you chose to do so.
There was absolutely no way the schools could legally defend saying kids couldn't market themselves and get paid.
Kids were never required to play NCAA sports nor is it a right to do so.
1
Posted on 12/6/24 at 10:43 pm to Dr RC
quote:
If those leeches gain control the sport will be driven into the dirt w/quickness.
This guy knows PE.
Enjoy paying $30 per beer
And every regular fan getting priced out for tix.
Posted on 12/6/24 at 10:48 pm to Dr RC
quote:
Is there anything left in this world that billionaire squid vampires won't attempt to suck dry?
Green Bay Packers?
Posted on 12/6/24 at 11:01 pm to Dr RC
quote:
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.
Show me where any one of these “kids” was forced to participate in ncaa sports.
quote:
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.
The fact that you still don’t realize you and everyone that thought, and apparently still thinks, like you are responsible for everything that has led to the tweet in the op is amusing.
Posted on 12/7/24 at 3:19 am to OU Guy
quote:
Since they are public not sure can be bought
Aren't most athletic departments, from a business perspective, a "private" entity, sliced away from the school? For example at UF the athletic department is the University Athletic Association. I'm honestly not sure if you can buy a stake in an athletic department or not.
Posted on 12/7/24 at 4:51 am to MrLSU
Won't be long for the Saudis
Posted on 12/7/24 at 6:11 am to Dr RC
quote:
he 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
I’d like to see examples of anyone saying this.
Posted on 12/7/24 at 6:17 am to MrLSU
quote:
Public investment Fund’s Texas Longhorns
Blackrock’s Tulane Greenwave
Citadel’s Miami Hurricanes.
The Yellowwood Auburn Tigers? Doesnt just roll off the tongue though
Posted on 12/7/24 at 7:16 am to MrLSU
They’re not offering these terms to be generous, nor to make everyone better off. It’s simply because they think they can get a greater return on their investment and they do not care at all what happens to the program or its fans, staff, and alumni. If they are willing to use pro sports as a comparator, these greedy owners are willing to move to entire different cities (or maybe even country …. am I right Jags fans?) if they can’t bully taxpayers into buying them fancy ks unnecessary new stadiums.
Posted on 12/7/24 at 7:21 am to BreakawayZou83
How would this work in theory? They invest X up front in return for Y% of the annual revenue?
Posted on 12/7/24 at 7:28 am to MrLSU
He says they COULD sell, I think he means in theory their worth. But no way this is going to happen. The brand value of the football team is tied to the university. So even if they could “sell” a stake in the football team, which I feel confident they most certainly can’t, they’d have to pay obscene licensing fees to the school for the brand if they spun it off.
This would suck. No meaningful program will let it happen. And they certainly are not worth 1 Billion dollars.
This would suck. No meaningful program will let it happen. And they certainly are not worth 1 Billion dollars.
Posted on 12/7/24 at 7:35 am to barry
The teams are eventually going to spin off as private entities which will pay the schools licensing fees to use the branding and campus facilities.
I hate it all but still tune in every Saturday.
I hate it all but still tune in every Saturday.
Posted on 12/7/24 at 7:35 am to MrLSU
How about these billionares give tje money back to us hard working americans! These entitled babies asking for millions as high schoolers make me sick. Im tired of my tax dollard going to so called student athletes just for them to demand more! Get your heads out of your behinds and help your fellow man this christmas and leave these kids alone!
Posted on 12/7/24 at 7:50 am to MrLSU
I would rather no sports over this
One thing about the plandemic that was actually kind of nice was that brief window of no sports in the spring of 2020 where we had to do something else.
One thing about the plandemic that was actually kind of nice was that brief window of no sports in the spring of 2020 where we had to do something else.
Posted on 12/7/24 at 7:53 am to FairhopeTider
quote:
But we just want kids to get money for autographs.” Screw the simps that pushed so hard and never considered the mountain of unintended consequences that were obvious to everyone else.
To be fair players have been getting paid for DECADES. You think Nick Saban’s warm, friendly personality allowed him to land all those #1 recruiting classes?
Posted on 12/7/24 at 8:01 am to MrLSU
The idea of college sports is rooting for athletes that also share a love of the school you attended/grew up watching.
Once it becomes NFL lite, will kill any interest I have in it
Once it becomes NFL lite, will kill any interest I have in it
Posted on 12/7/24 at 8:06 am to MrLSU
If he gets 51% of a team is he going to run it like Jerry Jones? He’s going to want a return on investment.
Posted on 12/7/24 at 8:07 am to chalmetteowl
quote:
51% of Big Ten and SEC programs are worth a lot more than $500 to $750 million. Most are multi-billion dollar brands like NFL teams
Now what was laughable was when Howard U valued their basketball program at like $100 million
They really aren NOT. Right now they are being forced by federal law to invest their profits into womens golf. Get rid of title 9 and then maybe they are super valuable.
Posted on 12/7/24 at 9:19 am to Mtwabp
quote:
The fact that you still don’t realize you and everyone that thought, and apparently still thinks, like you are responsible for everything that has led to the tweet in the op is amusing.
shite I'm on SCOTUS?!?
Why the frick am I wasting time here when I have billionaires to befriend?
Posted on 12/7/24 at 9:24 am to MrLSU
So General Dynamics will buy Army, Boeing will buy Navy, and Lockheed Martin will buy Air Force. With partnerships from the other big boys (RTX, Northrop Grumman, and L3Harris).
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