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Atlee Hokie

Joined: 07/14/1999 Posts: 69946
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Just read the article. I still don't understand how it's going to work.


Still trying to figure out what private equity firm is going to invest 1/2 billion dollars yet remain a silent partner, without any control over how the Pac 12 does it's sports business.

That initial investment of 1/2 billion dollars is going to be distributed to the various schools, many of whom are described by the article as going in debt by the millions.

And how exactly is a half billion dollars going to solve the problem of schools not being competitive in football and basketball, not being relevant on a national basis? And how will it magically solve the problem of west coast teams beginning play just as the east coast goes to bed?

And am I to believe that should the Pac 12 not deliver great cash flow back to the investment firm, that said investment firm will not have some means available to it to get it's money back? Those people will have to have some significant controls that are being glossed over in that "peaches and cream" article.

And what controls can a private investment firm have that will nearly guarantee them a substantial return on their money? This investment firm is some well heeled alumni who just gives to a university because they love their university, with few strings attached. The private investment firm does not view this as a donation.
[Post edited by Atlee Hokie at 06/18/2019 06:47AM]

(In response to this post by VT ChemE 1986)

Posted: 06/18/2019 at 06:47AM



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Current Thread:
 
  
Interesting news and perspective on PAC-12 Network -- VT ChemE 1986 06/20/2019 12:26PM
  If truth be told.. -- 2hhoop3 06/18/2019 09:48AM
  Exactly -- VT ChemE 1986 06/18/2019 10:35AM
  This whole thing. -- 2hhoop3 06/18/2019 11:37AM
  Yeah, I like to see -- VaTechie 06/18/2019 12:55PM
  Agreed -- VT ChemE 1986 06/18/2019 12:17PM
  Somewhat of a short term infusion -- mrcaniac 06/18/2019 11:18PM
  I don’t think it will work either. ** -- RJHokie 06/18/2019 07:25AM
  The football championships have been won by Clemson. -- Atlee Hokie 06/18/2019 08:57AM
  I would love for that to happen. ** -- hok1eboy 06/22/2019 10:10PM
  You probably do not ..... -- 2hhoop3 06/18/2019 1:34PM
  Other than..... -- 2hhoop3 06/19/2019 12:27PM
  I agree that is what they are hoping..... -- 2hhoop3 06/19/2019 7:38PM
  This is going to be a Saturday tv network -- mrcaniac 06/19/2019 10:48PM
  A lot, and not much -- mrcaniac 06/20/2019 10:22PM
  Exactly -- mrcaniac 06/21/2019 2:49PM
  Here is the link. -- Stech 06/17/2019 12:13PM
  They have a huge market, just like the Northeast. -- 33laszlo99 06/17/2019 1:34PM
  Delete** -- Atlee Hokie 06/18/2019 1:08PM
  Comittable offers?!?! :-) ** -- Stech 06/18/2019 12:39PM
  The PAC12 contract isn't up yet with ESPN/Fox -- HOO86 06/18/2019 2:33PM
  All valid theories.... -- 2hhoop3 06/18/2019 8:29PM
  Turner now has B/R Live for streaming -- mrcaniac 06/18/2019 10:21PM
  And subscribers -- mrcaniac 06/21/2019 2:42PM
  I'll respectfully disagree -- Vippie1 06/17/2019 12:43PM
  Thanks ** -- VT ChemE 1986 06/17/2019 12:18PM

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