- Joined
- Sep 14, 2020
- Posts
- 7,269
- Reaction score
- 6,039
- Bookie:
- $ 12,463.00
Let’s Revive Two Dying Brands in 1
I'm rooting for PornHub just to see what BYU does
B12 selling conference naming rights.
- Thread starter ericd7633
- Start date
I'm rooting for PornHub just to see what BYU does
- Joined
- Aug 17, 2020
- Posts
- 15,383
- Reaction score
- 11,817
- Bookie:
- $ 799.00
- Joined
- Aug 22, 2020
- Posts
- 2,423
- Reaction score
- 3,917
- Bookie:
- $ 1,000.00
12 Big Hooters maybe ??Let’s Revive Two Dying Brands in 1
- Joined
- Aug 17, 2020
- Posts
- 18,667
- Reaction score
- 30,372
- Bookie:
- $ 10,500.00
It amazes me how many typical fans just assume their programs are flush with endless cash and that there isn't a very needed revenue machine behind each program no matter who you are.
They love to spend that money also like its theirs to spend hypothetically.
- Joined
- Aug 17, 2020
- Posts
- 18,667
- Reaction score
- 30,372
- Bookie:
- $ 10,500.00
Some guys on local radio are advocating that Southwest Airlines sponsor the SEC and then it would become the Southwest Conference. Kinda funny.
I’m on board, but ONLY if John Daly is Conf. Commish.Let’s Revive Two Dying Brands in 1
- Joined
- Aug 17, 2020
- Posts
- 18,667
- Reaction score
- 30,372
- Bookie:
- $ 10,500.00
Did they buy a team like LSU did last year? I haven’t followed it because Auburn was terrible this year.
Nah, I don't think Schlossnagle has to. He's been able to get good players going back to his TCU days. He's wanting their facilities to be a lot better and knows they can afford it. Says all the SEC West schools have updated their baseball stadiums and if they can afford it the Aggies can afford even more.
- Joined
- Aug 18, 2020
- Posts
- 14,712
- Reaction score
- 11,289
- Bookie:
- $ 6,000.00
He's about to get an extension already lol... The UT job being open (unofficially) will have coaches in the CWS getting new deals.. happens everytime the job opens in Austin.. I don't even think the UVA coach was on the short list and they gave him one yesterday
Schlossh is a different dude. He shakes up some of the aggie traditionalists. But the new breed of aggies like it.
- Joined
- Aug 17, 2020
- Posts
- 15,383
- Reaction score
- 11,817
- Bookie:
- $ 799.00
You have full support for this from Morgantown, WV
- Joined
- Aug 18, 2020
- Posts
- 14,712
- Reaction score
- 11,289
- Bookie:
- $ 6,000.00
They have to love him he's taking them where they feel they belong.. Now it's time for the jimbo like extension
- Joined
- Aug 19, 2020
- Posts
- 8,436
- Reaction score
- 6,877
- Bookie:
- $ 1,000.00
I've done some reading on this - the VC/PE aspect of it.
- Everyone agrees that a VC/PE will not buy 20% of the stadium or other university assets. They simply can't ... they belong to the state.
- They can't really buy the media rights of a conference because those are owned by the schools, not the conference, and the GORs would preclude that.
- It also doesn't make sense to borrow a billion and then simply pay it back at some high rate like 10%. First, they would simply be getting money up front but having to pay way more back at the end of the day. Robbing Peter to pay Paul. Second, they could issue public bonds to do that if they wanted; if that could get done, it would be way less expensive.
With all that in mind, most people looking at this are saying that the play here is to work on the increased revenue in the future. There is a strong history of growth in sports in general, college sports in particular. For example, even the ACC grew its revenue this past year by a considerable sum. Give the VC/PE $X up front, then they take a cut - say 10% - of all increased revenue, year over year until the $X is paid back. Once $X is paid back, they get a smaller, maybe even a decreasing cut every year for some period of time - let's say 20 years. That's their ROI.
What this does:
- Gives a lot of money upfront for the schools to use to do things that will have long-term returns - so they won't be using it just to pay NIL or the House money.
- Reduces some, but not all, of the increases they will get in the future. This aligns the conference and its schools with the VC/PE partner to work together to figure out how to drive up all revenues - conference naming, raising ticket prices, playing more neutral games, playing international games, etc. The idea would be that the VC/PE partner would have expertise available, along with the cash upfront, to put things in place to increase revenues substantially in the future. If they don't do that, they don't get a positive return on their investment.
- The main question is what will they want in the way of control, and what is it that a university could legally give them regarding control? Can they require that sports get cut, staff get fired, ticket prices raised to a really high amount, etc.
Most people are skeptical, but it's apparently not quite as stupid as some people are making it out to be. I've attacked it because I've been involved with multiple companies that were taken over by VC/PE and they fucked it all up, every time. But, I am looking at it with a little more of an open mind. We tend to look at the conferences and the NCAA as a bunch of idiots, but the truth is that some of them are pretty smart. With the right partners, they might be able to have it make sense.
- Everyone agrees that a VC/PE will not buy 20% of the stadium or other university assets. They simply can't ... they belong to the state.
- They can't really buy the media rights of a conference because those are owned by the schools, not the conference, and the GORs would preclude that.
- It also doesn't make sense to borrow a billion and then simply pay it back at some high rate like 10%. First, they would simply be getting money up front but having to pay way more back at the end of the day. Robbing Peter to pay Paul. Second, they could issue public bonds to do that if they wanted; if that could get done, it would be way less expensive.
With all that in mind, most people looking at this are saying that the play here is to work on the increased revenue in the future. There is a strong history of growth in sports in general, college sports in particular. For example, even the ACC grew its revenue this past year by a considerable sum. Give the VC/PE $X up front, then they take a cut - say 10% - of all increased revenue, year over year until the $X is paid back. Once $X is paid back, they get a smaller, maybe even a decreasing cut every year for some period of time - let's say 20 years. That's their ROI.
What this does:
- Gives a lot of money upfront for the schools to use to do things that will have long-term returns - so they won't be using it just to pay NIL or the House money.
- Reduces some, but not all, of the increases they will get in the future. This aligns the conference and its schools with the VC/PE partner to work together to figure out how to drive up all revenues - conference naming, raising ticket prices, playing more neutral games, playing international games, etc. The idea would be that the VC/PE partner would have expertise available, along with the cash upfront, to put things in place to increase revenues substantially in the future. If they don't do that, they don't get a positive return on their investment.
- The main question is what will they want in the way of control, and what is it that a university could legally give them regarding control? Can they require that sports get cut, staff get fired, ticket prices raised to a really high amount, etc.
Most people are skeptical, but it's apparently not quite as stupid as some people are making it out to be. I've attacked it because I've been involved with multiple companies that were taken over by VC/PE and they fucked it all up, every time. But, I am looking at it with a little more of an open mind. We tend to look at the conferences and the NCAA as a bunch of idiots, but the truth is that some of them are pretty smart. With the right partners, they might be able to have it make sense.
- Joined
- Aug 18, 2020
- Posts
- 1,792
- Reaction score
- 557
- Bookie:
- $ 500.00
The fine print of this makes me a bit uncomfortable. Getting into bed with VC’s never, ever goes smoothly. They want their own returns, and that doesn’t mean good things for you. I understand Yorkmark is trying everything he can to keep the Big viable, but this is a step too far as currently constructed.
They're going to spend it on the stadium.They have to love him he's taking them where they feel they belong.. Now it's time for the jimbo like extension
Schloss was a much better investment on the Aggies' part than Jimbo IMO. They bought a pig in a poke with Jimbo. That said, I don't think Jimbo left A&M in as bad a shape as he left FSU.