Big Ten Discussing $2 Billion Private Capital Deal | Page 5 | Syracusefan.com
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Big Ten Discussing $2 Billion Private Capital Deal

Thanks Florida use, please keep the info rolling.

The deal is about drunk sailor type spending of money the schools didn't have. Now they want more money to pay off the debt, or some of the debt...(Cough) Rutgers (cough)... So they will mortgage their future. I'm glad the UM and USC are toeing the line.

I am not convinced the deal is any better with UC seeking an investment. Regardless, though they likely will accept a lower payout than true PE, they will want growth from their investments. The now $2.4BB for 20 years means $120MM must be paid back with interest. Otherwise, at the end of 20 years and $2BB later, UC will want their $2.4BB back. Probably sooner once everyone realizes the scam, UC retirees will be receiving less so Rutgers can pay debts and still be behind Texas high schools in facilities.
 
FloridaCuse said:
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I encourage everyone to read the linked article in the Forde post. It will make you love Syracuse University's discipline and fiscal management. It sucks when you don't have all the bells and whistles but it's great knowing that they have not mortgages the future on fickle teenagers. (Kinda weird saying that when most of the business model is based on fickle teenagers). Anyway, the Bi1G has forgotten their mission is education. The debt carried by several schools is ridiculous and explains why so many B1G schools are crying poverty.
 
Payday loan.

Rushed.

Not the best deal.

Banks and consultants recommend different ways of managing the deficits.

Who would have thought the Big Ten Conference would need a bail out.

SUTomcat is right, Rutgers desperation has infected the B1G!

This will be FSU in 10 years, probably less. The irony here is that the ACC may be stronger for a while than the B1G who have mortgaged the future for a few wins now. It would be interesting to see how the SEC is doing. Every program should be in the black or break even. SU often returns excess AD monies to the University and rarely runs in the red.

I expect the big state universities to do what Rutgers does and beg the state for more money. Most states will want to accommodate the universities. I hope taxpayers refuse to pay the bill for foolishly run universities. Maybe it is time for the feds to step in, still not convinced, but idiots thinking the AD should run a university is moronic.

Apologies for the soap box stance.

Are we going to need a B1G dumpster fire thread?
 
HtownOrange said:
Payday loan.

Rushed.

Not the best deal.

Banks and consultants recommend different ways of managing the deficits.

Who would have thought the Big Ten Conference would need a bail out.

SUTomcat is right, Rutgers desperation has infected the B1G!

This will be FSU in 10 years, probably less. The irony here is that the ACC may be stronger for a while than the B1G who have mortgaged the future for a few wins now. It would be interesting to see how the SEC is doing. Every program should be in the black or break even. SU often returns excess AD monies to the University and rarely runs in the red.

I expect the big state universities to do what Rutgers does and beg the state for more money. Most states will want to accommodate the universities. I hope taxpayers refuse to pay the bill for foolishly run universities. Maybe it is time for the feds to step in, still not convinced, but idiots thinking the AD should run a university is moronic.

Apologies for the soap box stance.

Are we going to need a B1G dumpster fire thread?
Expand...

This whole story seems like a cover for a bailout.

Starting the BTE makes sense. But you don't need an outside investor to start it.

Any school that is financially responsible should be against the loan. Why tie yourself up long term to the schools who have been irresponsible. Especially when this just is a band aid. Those schools will need another bailout in 10-15 years.

How the heck do these schools run out of money? Then again we knew Maryland left for the B1G because they were in major debt. Rutgers too had issues. Neither were getting a full share all this time. Funny that adding those two for TV sets (which no longer is significant) is brining the B1G down.
 
I don't get how the B1G does so well with TV $. Half of the conference is poor football brands. Should they be clearly #2, absolutely. But I don't get why there isn't a gap between the SEC and them. Not enough people care/watch B1G FB.

So far this year by window, the top games have been made up of:

26x SEC teams
7x ACC teams
5x B1G teams
3x B12 teams
1x Notre Dame

 
HRE Otto IV said:
I don't get how the B1G does so well with TV $. Half of the conference is poor football brands. Should they be clearly #2, absolutely. But I don't get why there isn't a gap between the SEC and them. Not enough people care/watch B1G FB.

So far this year by window, the top games have been made up of:

26x SEC teams
7x ACC teams
5x B1G teams
3x B12 teams
1x Notre Dame

Expand...


By conference only games it is:

10 - SEC
2 - ACC
1 - B1G, B12

So only ONE B1G conference game has won a time slot thus far.
 
sutomcat said:
The only thing that can stop the B1G is the B1G. Rutgers has infected the entire conference with stank.
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Cracking Up Lol GIF
 
HRE Otto IV said:
I don't get how the B1G does so well with TV $. Half of the conference is poor football brands. Should they be clearly #2, absolutely. But I don't get why there isn't a gap between the SEC and them. Not enough people care/watch B1G FB.

So far this year by window, the top games have been made up of:

26x SEC teams
7x ACC teams
5x B1G teams
3x B12 teams
1x Notre Dame

Expand...

Because of the Big Ten Network. They did a good job of trailblazing there. For all of FSU's talk about the ACC dropping the ball... how is it that the SEC cannot get more out of ESPN than what B1G gets???
 
HRE Otto IV said:
I don't get how the B1G does so well with TV $. Half of the conference is poor football brands. Should they be clearly #2, absolutely. But I don't get why there isn't a gap between the SEC and them. Not enough people care/watch B1G FB.

So far this year by window, the top games have been made up of:

26x SEC teams
7x ACC teams
5x B1G teams
3x B12 teams
1x Notre Dame

Expand...

This B1G has more graduates than most and more successful graduates than the SEC can dream of. Look at the university rankings for the schools. This is just my high level observation, not based in deep research beyond having met many from each conference and judging the schools by their product.
 
HtownOrange said:
This B1G has more graduates than most and more successful graduates than the SEC can dream of. Look at the university rankings for the schools. This is just my high level observation, not based in deep research beyond having met many from each conference and judging the schools by their product.
Expand...
That doesn’t mean they are all football fans. Especially at the schools with bad brands. No one is watching.
 
HtownOrange said:
Thanks Florida use, please keep the info rolling.

The deal is about drunk sailor type spending of money the schools didn't have. Now they want more money to pay off the debt, or some of the debt...(Cough) Rutgers (cough)... So they will mortgage their future. I'm glad the UM and USC are toeing the line.

I am not convinced the deal is any better with UC seeking an investment. Regardless, though they likely will accept a lower payout than true PE, they will want growth from their investments. The now $2.4BB for 20 years means $120MM must be paid back with interest. Otherwise, at the end of 20 years and $2BB later, UC will want their $2.4BB back. Probably sooner once everyone realizes the scam, UC retirees will be receiving less so Rutgers can pay debts and still be behind Texas high schools in facilities.
Expand...
 

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