Project Rudy

[javadoc]

The other concept being proposed is much better than this.

I’d rather burn the entire thing to the foundation than agree to a caste system.

 

[cusefan88]

The concept of teams being "exempt" from being relegated down a tier is BS and isn't a open system.

The concept of killing the G5 sucks too.

Let teams rise...and let teams fall.

 

[kcsu]

Ugh, private capital. Not surprised that people on the outside are looking to pounce.

I really like you as a poster so please don't take this the wrong way as its not directed at you, but if not for Private Equity we would be completely government controlled. Private equity is responsible for most of the innovations in the world. Tech, Health Care etc... All in large part because of private Equity. Sure, some of it isn't good but I'll put Private money up against Government money any day. Imagine if you had invested in the government vs Private Equity which is also known as the stock market. I think that most people don't understand private Equity as it is a very broad term.

 

[kcsu]

Wildhack is on the ball, that is obvious. He is definitely working to ensure we don't get left behind.

Thank God for JW or we would be lost

 

[kcsu]

we're on record and we'll spearhead the anti trust lawsuit if the BIG/SEC split away. The hope if ND joins in our lawsuit along with all the blue/red states that are left out.

i think a solution is coming based on this plan and the fact that Syracuse is leading the way with WVU.

Well put. This is laying the foundation for a lawsuit. SU is getting out in front which i love

 

[dasher]

I really like you as a poster so please don't take this the wrong way as its not directed at you, but if not for Private Equity we would be completely government controlled. Private equity is responsible for most of the innovations in the world. Tech, Health Care etc... All in large part because of private Equity. Sure, some of it isn't good but I'll put Private money up against Government money any day. Imagine if you had invested in the government vs Private Equity which is also known as the stock market. I think that most people don't understand private Equity as it is a very broad term.

I will tell you this...You and I drive from the east coast to the west coast. I'll take gov't roads and you take private roads. Private equity has it's place. But the idea that the gov't is all bad and thank God for private equity is ridiculous. You don't think people understand private equity. True. People also don't understand what good the gov't does do. That crap started 50 years or so ago. It was the gov't that saved this country during the great depression.

 

[kcsu]

I will tell you this...You and I drive from the east coast to the west coast. I'll take gov't roads and you take private roads. Private equity has it's place. But the idea that the gov't is all bad and thank God for private equity is ridiculous. You don't think people understand private equity. True. People also don't understand what good the gov't does do. That crap started 50 years or so ago. It was the gov't that saved this country during the great depression.

Easy. I didn't say that PE was all good actually. Didn't say Government was all bad but let's be honest there are very few things the government does better than the private sector especially when it comes to innovation. Don't even get me started about government waste.

 

[dasher]

Easy. I didn't say that PE was all good actually. Didn't say Government was all bad but let's be honest there are very few things the government does better than the private sector especially when it comes to innovation. Don't even get me started about government waste.

Well, they have two different jobs. That is what so many in our society just can't grasp. It's sad really. I worked in the private sector for 43 years. Our job was to make money and to increase shareholder equity. No where was it to help people.

 

[David321]

I really like you as a poster so please don't take this the wrong way as its not directed at you, but if not for Private Equity we would be completely government controlled. Private equity is responsible for most of the innovations in the world. Tech, Health Care etc... All in large part because of private Equity. Sure, some of it isn't good but I'll put Private money up against Government money any day. Imagine if you had invested in the government vs Private Equity which is also known as the stock market. I think that most people don't understand private Equity as it is a very broad term.

Thank you for the kind words, admittedly I don't know much about the subject.

 

[WoadBlue]

Let teams rise...and let teams fall.

Sounds great in theory, but the fact is that not a single Super Rich program (Texas, Ohio St, Bama, LSU, Michigan, A&M, Florida, UGA, Penn St, etc.) is ever going to agree to allow any possibility that they could be demoted. It will take some persuasion to get them to agree to a system that would allow any of their current conference mates to be demoted.

So making to the P4, with a few other schools able to buy in, is portably the best we can get. The if the ACC and Big 12 wish to play relegation, they can. And that might work great. If, say, Wake has a couple bad years, then we could relegate Wake and bring up perhaps USF.

But, one thing I do advocate for is that the ACC do what it takes to add Utah, assuming Utah has not signed any lengthy GOR with Big 12 as many people have asserted.

 

[cusefan88]

Sounds great in theory, but the fact is that not a single Super Rich program (Texas, Ohio St, Bama, LSU, Michigan, A&M, Florida, UGA, Penn St, etc.) is ever going to agree to allow any possibility that they could be demoted. It will take some persuasion to get them to agree to a system that would allow any of their current conference mates to be demoted.

So making to the P4, with a few other schools able to buy in, is portably the best we can get. The if the ACC and Big 12 wish to play relegation, they can. And that might work great. If, say, Wake has a couple bad years, then we could relegate Wake and bring up perhaps USF.

But, one thing I do advocate for is that the ACC do what it takes to add Utah, assuming Utah has not signed any lengthy GOR with Big 12 as many people have asserted.

You're right of course. Very similar to the criticism of the European Super League. Obviously fan support and backlash quite different here vs abroad.

 

[Crusty]

I see antitrust attorneys licking their chops.

 

[Forza Azzurri]

You're right of course. Very similar to the criticism of the European Super League. Obviously fan support and backlash quite different here vs abroad.

This is really a combo of the Prem, with its unequal revenue sharing, and the super league (the non-relegation aspect for a group of teams).

 

[kcsu]

Thank you for the kind words, admittedly I don't know much about the subject.

none of us do as its complicated. I personally have enjoyed private equity as it has helped me to start 3 companies that went on to employee in aggregate over 20k people. In addition 7 of the individuals that i hired are now running companies that in their aggregate employ over 100k people. Private equity in many cases is the impetus for job creation. There are other cases such as a roll up or consolidation that the results are a shrinkage of jobs. But i would venture a bet that all in all VC money has created incredibily more jobs than it has taken. Think of the Chips act as a private equity move. Same in SC when they landed BMW. Look back to the economy of SC before Public equity got involved. 20 years from now we will look back at Syracuse the same way as SC is looking back at that decision. Ok it's not VC or Private money but it works in much the same way. An infusion of capital to support a company, be it a start-up or an existing entity to grow. NYS used to be booming until they stopped supporting companies and went to far to the labor side. Once the balance between corporate profits and Labor protection got out of Wack NYS started down a path that has led it to where it is today. Again, it's very complicated. I've been involved in it since I was a young person, and I still don't understand a fraction of it. All i have is my personal experience which has been positive in the fact that many people have a job as a result of VCs and Governments supporting our efforts.

 

[Forza Azzurri]

Well, they have two different jobs. That is what so many in our society just can't grasp. It's sad really. I worked in the private sector for 43 years. Our job was to make money and to increase shareholder equity. No where was it to help people.

Agreed.

They both have their lanes. There are things PE does well. And there are things Govt needs to do (common goods, regulation etc.)

But then there are also things that PE should never been involved in (Health care as an example - where putting profitability above all else kills people).

And then there is government overreach.

You are right. People with little, to no, understanding of either seem to feel perfectly comfortable posting definitively about things they know little, to nothing, about. And they tend to do so using extremes. All PE is bad. All Govt is bad. The truth, as always, is someplace in the middle.

I am intrigued to see how PE might fix college football. I doubt they could break it anymore than it already is.

 

[kcsu]

Agreed.

They both have their lanes. There are things PE does well. And there are things Govt needs to do (common goods, regulation etc.)

But then there are also things that PE should never been involved in (Health care as an example - where putting profitability above all else kills people).

And then there is government overreach.

You are right. People with little, to no, understanding of either seem to feel perfectly comfortable posting definitively about things they know little, to nothing, about. And they tend to do so using extremes. All PE is bad. All Govt is bad. The truth, as always, is someplace in the middle.

I am intrigued to see how PE might fix college football. I doubt they could break it anymore than it already is.

I need to disagree. If not for private firms investing money and creating lifesaving drugs AND yes the profits, they produce our life expectancy would be about 70 years of age.

 

[Forza Azzurri]

I need to disagree. If not for private firms investing money and creating lifesaving drugs AND yes the profits, they produce our life expectancy would be about 70 years of age.

Yes, that is very true.

I am thinking hospitals and should have written that instead of healthcare...My bad.

 

[dasher]

I need to disagree. If not for private firms investing money and creating lifesaving drugs AND yes the profits, they produce our life expectancy would be about 70 years of age.

Life expectancy hasn't gone up near as much as people think. The difference, and this is technical, is that people aren't dying sooner. And that isn't a joke. The number of people who died before they were 5 100 years ago, was a very large number. If you lived past 5, you died about the same time as people die today. Not quite as good, but much closer than you think. And not for nothing but a great deal of money those PE firms use to develop those drugs we love, were funded by the feds. Not all. But a lot. And that is a great partnership.

 

[richmondcuse03]

I need to disagree. If not for private firms investing money and creating lifesaving drugs AND yes the profits, they produce our life expectancy would be about 70 years of age.

Sorry but that’s not exactly true. It’s the combo of the two that lead to medical advancements.

The NIH is the world’s largest funder of biomedical research. Many drugs start out in lab programs funded partially by the government. Yes private / public capital supports the development after. But the original research and work is often government funded. So you can’t say it’s one or the other. It’s both together.

The reality is that an average person’s understanding of PE is buyout / LBOs. There are many other types of financing so it’s often confused.

 

[richmondcuse03]

Life expectancy hasn't gone up near as much as people think. The difference, and this is technical, is that people aren't dying sooner. And that isn't a joke. The number of people who died before they were 5 100 years ago, was a very large number. If you lived past 5, you died about the same time as people die today. Not quite as good, but much closer than you think. And not for nothing but a great deal of money those PE firms use to develop those drugs we love, were funded by the feds. Not all. But a lot. And that is a great partnership.

Beat me to it. Well said.

 

[beetledoc]

What would happen or be the financial consequences if the ACC and Big XII merged similarly as the BT and SEC?
Could such an entity be financially successful? Or rival the BT/SEC comgolmerate? Or would that just create a permanent 2nd class citizenship for the ACC and Big XII?

 

[anomander]

This would be the absolute best case scenario for us. Hopefully Sankey isn’t around when/if this comes to fruition. Seems like a no brainer all the way around. It would even competition as much as possible and make almost every match up exciting. Plus this is the one way that it assures us a spot when the go around eventually stops. It’s either this or a super conference of 36-40 schools that we aren’t a part of.

 

[Entropic]

If it's going this way then it needs strict contracts. Make sure kids get paid and also make sure kids can't bounce. Just because the market changed more favorably doesn't mean you just bounce. You got a two year contract making $xx. Protect the kids from getting booted for failure to meet certain on field performances and protect the teams from training up a kid and then losing him to the highest bidder every year.

 

[DownTheField]

Yes, that is very true.

I am thinking hospitals and should have written that instead of healthcare...My bad.

The profit-obsessed monster destroying American emergency rooms

I just read an article about that

 

[OrangeTarheel]

Market failures occur when the free market can’t achieve optimal results. Seems like a description of the current situation in college football. That’s typically where you find government stepping in, not private equity.