Big Ten Discussing $2 Billion Private Capital Deal | Page 4 | Syracusefan.com
.

Big Ten Discussing $2 Billion Private Capital Deal

What happens when the VC partner starts to review the ROI from the field hockey program?
There is only so much money to be made from adding a few NASCAR patches to uniforms, painting a couple corporate logos on the fields/courts, and selling naming rights to parking lots and such. We won't even attempt to resolve the above issues related to water sports. At some point the PE people will want to chop expenses. Graduate assistants, lower level staffers, extensive support teams on the sidelines, the guys who mop the hoops court, the over paid officials (though, that may be warranted), etc., all got to go!

No more dedicated weight facilities/clubhouses. No athletic dorms. No wiffle ball fields and putt-putt. IT may have to give up the gaming consoles in each locker, the travesty of it all. All cut so PE can profit from a non- profit venture.
 
What, you have a problem with branded speedos?
I'm not sure whether to laugh with abandon or be angry with you for forever implanting the thought of PedState watersports teams with patches on their swimsuits. 🤣
 
I'm not sure whether to laugh with abandon or be angry with you for forever implanting the thought of PedState watersports teams with patches on their swimsuits. 🤣
Get On With It Schitts Creek GIF by CBC
 
Good background in the article here. Wonder if Commissioner Tony Petiti's emphasis that the potential investor is a non-for-profit in argument that the newly greated separate B1G entity should not be subject to tax. However, elsewhere he uses the term their "commercial conference business" which could point toward taxability.

 
At the very end of the video clip the interviewer brings up that some other potential investors are taxable entities. Would have liked to have heard more on that.

 
Good background in the article here. Wonder if Commissioner Tony Petiti's emphasis that the potential investor is a non-for-profit in argument that the newly greated separate B1G entity should not be subject to tax. However, elsewhere he uses the term their "commercial conference business" which could point toward taxability.



I still don't think that should fly. Especially when the shares can be eventually sold to another investor. Unless this is a partnership and not really equity. Which seems like a poor investment.
 
Michigan’s Board of Regents voted unanimously against the deal. UofM has an Acting President that I would not expect to go against the Board of Regents.

Also, Michigan has zero intention to do any favors for the rest of the conference that stabbed them in the back.
 
Michigan’s Board of Regents voted unanimously against the deal. UofM has an Acting President that I would not expect to go against the Board of Regents.

Also, Michigan has zero intention to do any favors for the rest of the conference that stabbed them in the back.
I'm glad they looked into the matter and did not see a beneficial deal. A secondary benefit is that Rutgers will not get a cash windfall, though it would be amusing to watch them cry when they realize that they must pay the debt/pay out the portion of the share that they could have had.

Forgive me for forgetting, but when and why was UM stabbed in the back?
 

Forum statistics

Threads
174,978
Messages
5,196,124
Members
6,162
Latest member
dude

Online statistics

Members online
177
Guests online
3,777
Total visitors
3,954


...
Top Bottom