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re: How was Oregon able to use Nike money to start winning, but no Arky with Wally?
Posted on 1/24/14 at 8:56 am to Cooter Davenport
Posted on 1/24/14 at 8:56 am to Cooter Davenport
Sam Walton and his children do not, nor have they ever contributed money to the athletic department or Razorback foundation. They have donated hundreds of millions of dollars to the university, but it all goes to academics.
Sam's brother Bud was the only Walton to donate money to Arkansas athletics, hence the arena. Bud's daughters were both educated and live in Missouri and do not have any strong ties to Arkansas. This is why the only athletic contributions Bud's daughters make are to Mizzou, and they are usually made by Nancy because she is an alumnus.
Sam's brother Bud was the only Walton to donate money to Arkansas athletics, hence the arena. Bud's daughters were both educated and live in Missouri and do not have any strong ties to Arkansas. This is why the only athletic contributions Bud's daughters make are to Mizzou, and they are usually made by Nancy because she is an alumnus.
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Posted on 1/24/14 at 9:07 am to diddydirtyAubie
quote:
Most people agree that Oregon started winning when they got the best facilities in the country for their players. They were one of the worst programs in the country for many years.
Arkansas gets that Walmart money, but can't match up with what Oregon has been able to do.
Why is that?
This is the biggest myth about our finances. The Walton family donates a decent chunk of money, but only two of Sam's kids (Rob and Jim) actually went to UofA, and Sam went to Mizzou.
Plus, the Waltons are more concerned with donating to the University -- our business school carries their name -- and academia and not athletics. As an alum, I find it pretty admirable.
Bud and his family obviously donated a good chunk to get BWA built, but word is that that relationship went down the tubes about a decade ago.
Posted on 1/24/14 at 9:10 am to wmr
quote:
Apart from building Bud Walton, Wal-Mart and the Waltons spend most of their local $ supporting academics and the local arts.
They gave the university $350 million or so over the past 15 years. The $15 million that Bud Walton gave to the arena project is small change by comparison.
Their $350 million is small change compared to the billion or so they've spent on local arts projects, including Crystal Bridges.
Tyson, Lindsey, Reynold's Foundation, etc have been larger donors to sports, apart from Bud Walton.
This about covers it.
A lot of our athletic donation money comes from Tyson, J.B. Hunt, Lindsey, and Walmart vendor money. The Walton family is more concerned with academics and art.
Posted on 1/24/14 at 9:15 am to Cooter Davenport
quote:
You're telling me they spent >$350MM on something no one outside of Arkansas has ever heard of?
Oh wow. Do a little research before you make dumbass statements like this one.
Posted on 1/24/14 at 9:31 am to diddydirtyAubie
Please show us Eugene's internationally lauded $500 Million American Art Museum.
Posted on 1/24/14 at 9:32 am to diddydirtyAubie
Oh and the real answer is Bud died too soon.
Posted on 1/24/14 at 9:40 am to diddydirtyAubie
quote:
diddydirtyAubie
Auburn Fans, it is January fricking 24th.
We have a long off season to go and you frickers are blowing your wads right now. If we want to match the offseason pissing match that led up to the 2010 season or even the 2013 season, its a marathon, not a sprint. We have NSD coming up but afterwards its Auburn's continuous suck in all sports not football or swimming. Material will be few and far between until spring practice.
Sit this play out, catch a breather. It's only the 1st quarter.
I know this wasn't a pure troll thread, but there are mines everywhere.
This post was edited on 1/24/14 at 9:42 am
Posted on 1/24/14 at 9:49 am to Shaft Williams
Posted by Message
Shaft Williams
How was Oregon able to use Nike money to start winning, but no Arky with Wally?
A better comparison would be why can't the Walton family do for Arkansas what T. Boone Pickens has done for Okie St.
I can answer this in depth when I get home Nd not on my phone in between emails at work.
T Boone lostt the OSU foundation 28% of its value by immediately investing his 'donation' plus another 50 mil into his hedge fund and lost his arse. Natural gas prices are just now returning to where they were 2.5 yrs ago.
UARK really doesn't want that kind of help where they'd frick over donors with bad life insurance deals and taking annuities from donor's families.
Posted on 1/24/14 at 9:49 am to CtotheVrzrbck
quote:
Please show us Eugene's internationally lauded $800 Million American Art Museum.
The Walton Family is the richest in the world. They're not just millionaires. They're multi-billionaires.
I find it funny that people on here assume that they would spend their philanthropy on something as puerile as college sports.
This post was edited on 1/24/14 at 9:50 am
Posted on 1/24/14 at 9:57 am to wmr
"puerile" - Childish, immature, infantile, silly, trivial
Posted on 1/24/14 at 10:06 am to PygmalionEffect
Have you ever seen what rednecks do with money? They buy trailer houses and jacked up trucks.
Posted on 1/24/14 at 10:09 am to Cooter Davenport
quote:
Correct. T-Bone's "donation" was the investment income from a bunch of T-Bone-owned enterprises/projects, many of which didn't pan-out, like the windfarm bull shite. Okie State built a lot of stuff with the backing of the theoretical T-Bone money and now they're in a lot of debt they're going to have trouble paying. He pretty much screwed them.
Didn't T. Boone's "donation" also come with the stipulation that it must be invested with his hedge fund, hence it went broke? Talk about having strings attached. That's like me telling someone I'll give them $10 if they buy my lunch.
Here's a good WSJ article on just how badly it hammered OSU financially:
LINK
This post was edited on 1/24/14 at 10:13 am
Posted on 1/24/14 at 10:09 am to offshoretrash
quote:
Have you ever seen what rednecks do with money? They buy trailer houses and jacked up trucks.
quote:
offshoretrash
I 100% trust your opinion
Posted on 1/24/14 at 10:11 am to offshoretrash
We have the sports-loving redneck layer of donors that probably blows most other schools out of the water, too. Jerry Jones is the top rung on that ladder, and the Tyson boys are there near the top, too.
And what T. Boone "did for Okie St", other than losing a bunch of money, was catch them up facilities-wise so they could compete better with OU. We already had all that stuff paid for. We didn't really need a "T. Boone" to get great facilities.
And what T. Boone "did for Okie St", other than losing a bunch of money, was catch them up facilities-wise so they could compete better with OU. We already had all that stuff paid for. We didn't really need a "T. Boone" to get great facilities.
Posted on 1/24/14 at 10:14 am to diddydirtyAubie
SEC >>> Pac 12
Not saying we'd be as successful, record wise, but we'd have fared better in the Pac 12 than we'd fare in the SEC. Each and every one of you should know that.
It also hurts that our facilities are in a shallow pool, surrounded by other schools with great facilities. Oregon's facilities, by West coast standards, blow away everyone else. They probably would still wow kids if they were located in the South East. But they wouldn't win people over as easily because every other school they'd be battling would also have great facilities.
Not saying we'd be as successful, record wise, but we'd have fared better in the Pac 12 than we'd fare in the SEC. Each and every one of you should know that.
It also hurts that our facilities are in a shallow pool, surrounded by other schools with great facilities. Oregon's facilities, by West coast standards, blow away everyone else. They probably would still wow kids if they were located in the South East. But they wouldn't win people over as easily because every other school they'd be battling would also have great facilities.
Posted on 1/24/14 at 10:14 am to CtotheVrzrbck
quote:
T Boone lostt the OSU foundation 28% of its value by immediately investing his 'donation' plus another 50 mil into his hedge fund and lost his arse. Natural gas prices are just now returning to where they were 2.5 yrs ago.
UARK really doesn't want that kind of help where they'd frick over donors with bad life insurance deals and taking annuities from donor's families.
Kind of already covered, but again T Boone really fricked them(OSU) over in the end. Was great media at the time, even stayed in some peoples minds for a bit.
Posted on 1/24/14 at 10:41 am to wmr
quote:
The Walton Family is the richest in the world. They're not just millionaires. They're multi-billionaires.
I find it funny that people on here assume that they would spend their philanthropy on something as puerile as college sports.
Maybe more funny was the excessive trolling of the hog lot towards Mizzou from the start, for this assumption to take root.
Not necessarily directed at you, just making a point.
Posted on 1/24/14 at 11:06 am to Mizzou4ever
Well we both had Waltons fund part of our basketball arenas. You're new. You can't blame people for trying to make you feel welcome. Porker is the patron saint of Mizzou hatred. Someday you'll thank him.
Bud made his donation 20+ years ago. That's why Bud Walton Arena is debt free, and its still bigger and nicer than most SEC arenas.
The Waltons focus on larger causes and more important things. Not a one of them alive knows much of a life that doesn't include being insanely wealthy.
As far as billionaires go, the Waltons are pretty great. In the age of wealthy folks throwing lavish, embarrassingly stupid parties, scandals, etc, the Waltons have been very staid and decent folks for the most part. Apart from Alice's penchant for a DUI (which is awful, yes) every decade or so, you don't hear much about them. You could probably pass them on the street and not even know who they are. That's pretty typical of most of the big money down here. Low-key, unassuming, etc.
Where they've thrown their weight around recently is in transforming Bentonville into an arts town. The town just passed 40,000 residents and they have an internationally recognized art museum, and they are about to have a 2500 seat state-of-the art perfoming arts center in a few years. They're doing some really great things there, and as a resident of Fayetteville I admit to being somewhat jelly. They throw us some $$ often enough to keep us happy, though. They bought us a PAC 22 years ago, and are about to totally revamp and expand it, too.
Bud made his donation 20+ years ago. That's why Bud Walton Arena is debt free, and its still bigger and nicer than most SEC arenas.
The Waltons focus on larger causes and more important things. Not a one of them alive knows much of a life that doesn't include being insanely wealthy.
As far as billionaires go, the Waltons are pretty great. In the age of wealthy folks throwing lavish, embarrassingly stupid parties, scandals, etc, the Waltons have been very staid and decent folks for the most part. Apart from Alice's penchant for a DUI (which is awful, yes) every decade or so, you don't hear much about them. You could probably pass them on the street and not even know who they are. That's pretty typical of most of the big money down here. Low-key, unassuming, etc.
Where they've thrown their weight around recently is in transforming Bentonville into an arts town. The town just passed 40,000 residents and they have an internationally recognized art museum, and they are about to have a 2500 seat state-of-the art perfoming arts center in a few years. They're doing some really great things there, and as a resident of Fayetteville I admit to being somewhat jelly. They throw us some $$ often enough to keep us happy, though. They bought us a PAC 22 years ago, and are about to totally revamp and expand it, too.
Posted on 1/24/14 at 11:23 am to FourThreeForty
quote:
Walmart could buy out Nike 100x over and still have enough cash left to give every customer that shopped there in 1 day a million bucks.
Well this certainly isn't true
Posted on 1/24/14 at 11:34 am to NYCAuburn
Didn't see the other posts before I posted but 
anyways.
anyways. 
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