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re: Private Equity firms looking to invest in college athletic departments
Posted on 5/22/24 at 6:19 pm to Jack Ruby
Posted on 5/22/24 at 6:19 pm to Jack Ruby
quote:
I two years eveyone will be begging for a players union and collective bargaining agreement, salary cap, draft and full NFL structure to clean up the mess that the "leaders" of CFB made.
frick that. I'll find something else to do on fall Saturdays.
quote:
It's actually amazing how quickly they annihilated and razed what was the perfect American sport...
IMO, this has been the main goal all along. The total destruction of college sports is part of the larger cultural Marxism being pushed in every facet of American society.
This post was edited on 5/22/24 at 6:22 pm
2
Posted on 5/22/24 at 6:29 pm to DBG
quote:
THIS will be the death of college sports. Not NIL, not the transfer portal, nothing.
College sports are pretty much dead already. Just minor leagues where the players make 10x what the fans do
Posted on 5/22/24 at 6:31 pm to Yaboylsu63
quote:it’s literally this:
I’m skeptical, because PE firms usually ruin things for the sake of squeezing out a profit.
Posted on 5/22/24 at 7:14 pm to DBG
quote:
THIS will be the death of college sports. Not NIL, not the transfer portal, nothing
It's already dead. This is just the extra nail on the coffin
Posted on 5/22/24 at 7:17 pm to Yaboylsu63
Seems like a dangerous game. Private equity would probably frick things up even further and maybe damage the schools themselves down the line
Posted on 5/22/24 at 7:20 pm to red sox fan 13
Just wait til Jerry Jones calls his Saudi buddies to buy the Arkansas Razorbacks just to stick it to American Private equity.
Posted on 5/22/24 at 7:23 pm to Yaboylsu63
If I were an eccentric billionaire, I'd buy Vandy an SEC title for the lulz
Posted on 5/22/24 at 7:24 pm to VADawg
quote:This is a few years down the track and will help a lot in organizing the current mess. People who pay attention will realize NIL has already calmed down significantly since 2021/22.
players union and collective bargaining agreement
quote:I get you’re making a culture war statement here but college sports right now is pretty much unrestricted capitalism- pay your labor (players) whatever you want and drive the failing businesses (G5 and PAC 12) out of the market. Pretty damn far from Marx
IMO, this has been the main goal all along. The total destruction of college sports is part of the larger cultural Marxism being pushed in every facet of American society.
Posted on 5/22/24 at 7:39 pm to Yaboylsu63
Which Louisiana FCS team do we want to start following so it might feel like College Football again?
Grambling?
McNeese?
Nichols?
Northwestern?
Southeastern?
Southern?
Grambling?
McNeese?
Nichols?
Northwestern?
Southeastern?
Southern?
Posted on 5/22/24 at 8:11 pm to Yaboylsu63
I think that if PE firms try to "invest" in Athletic Departments. Said athletic departments should be dissolved and if independent of the school the Athletic Department should be banned from access to any athletic facilities on the campus including all buildings that may necessarily be construed as stadiums or assembly / events centers. All leases the University have with Athletic Entities participating in intercollegiate Athletics will now be considered null and void immediately once they enter into any agreement with a Private Equity firm or the like.
As such all former athletes will not have their scholarships honored and will be expelled or they can apply for admission subject to the requirements for any non athlete.
As such all former athletes will not have their scholarships honored and will be expelled or they can apply for admission subject to the requirements for any non athlete.
Posted on 5/22/24 at 8:14 pm to VADawg
quote:
IMO, this has been the main goal all along. The total destruction of college sports is part of the larger cultural Marxism being pushed in every facet of American society.
JFC, not everything is that.
Unbridled greed killed CFB, full stop. Go take your tinfoil hat off.
Posted on 5/22/24 at 8:39 pm to AlonsoWDC
Cultural Marxism = kids making millions and private equity investment
These tards have really come full circle
These tards have really come full circle
This post was edited on 5/22/24 at 8:40 pm
Posted on 5/22/24 at 8:50 pm to DBG
It’s already dead
Posted on 5/22/24 at 8:50 pm to red sox fan 13
Capitalism run amok. Which is bad ultimately for those who are victims of it. Probably worse than anything which has the name Marx as a prefix.
If Landry and MeeMaw and Kemp would ban this and nip it right now they would be seen as heroes
If Landry and MeeMaw and Kemp would ban this and nip it right now they would be seen as heroes
Posted on 5/22/24 at 9:13 pm to DBG
quote:
THIS will be the death of college sports. Not NIL, not the transfer portal, nothing.
Gonna be fun* when the Saudis dump 3 billion into UT football
*horrible
Posted on 5/22/24 at 9:22 pm to AlonsoWDC
quote:
Unbridled greed killed CFB
Precisely, the ridiculous money going into CFB the last 10-20 years was misspent and misused due to greedy coaches, administrators, and organizations.
Posted on 5/22/24 at 9:29 pm to DBG
College football is already dead…beyond obvious the goal since conference expansion began was to back door a second professional football league in.
It sucks because college football and the NFL were great products for their own reasons.
It sucks because college football and the NFL were great products for their own reasons.
Posted on 5/22/24 at 9:29 pm to red sox fan 13
You think a players union will help organize the current mess…?
Anyone with experience dealing with unions in the past 20 years in the USA could tell you what a ridiculous and naive idea that is. Unions are out to help themselves and their organization while nominally helping some members. Any problems that come up their playbook is; take advantage of the problem to get more money, tell their members the problem is caused by the company, tell the media that we have been complaining about this problem for years, tell the company to hurry up and solve the problem.
Anyone with experience dealing with unions in the past 20 years in the USA could tell you what a ridiculous and naive idea that is. Unions are out to help themselves and their organization while nominally helping some members. Any problems that come up their playbook is; take advantage of the problem to get more money, tell their members the problem is caused by the company, tell the media that we have been complaining about this problem for years, tell the company to hurry up and solve the problem.
Posted on 5/23/24 at 3:44 am to AlonsoWDC
The tards have spoken.
Posted on 5/23/24 at 5:04 am to ProjectP2294
quote:
Private equity is the death of everything it touches.
Well this isn’t true.
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