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re: So it begins - LSU rumored to make deal with PE
Posted on 8/3/26 at 9:36 pm to captdalton
Posted on 8/3/26 at 9:36 pm to captdalton
quote:
Will these new equity owners get a 10% share of the proceeds from that deal? Or just future jersey deals?
I guess we'll have to find out what's actually going on first.
1
Posted on 8/3/26 at 9:39 pm to SidewalkTiger
quote:
Yeah, this is just like the jersey patch discussion last summer.
All of these same things were said and now the rest of you are lining up to sign your patch deal.
Selling patches on jerseys is a little different than handing over 10% of indefinite earnings for a meager $100 million of immediate gratification. Ensuring your cash flow gets taxed at 10% indefinitely is retarded. But when you're so desparate that you'll literally rob a childrens hospital to keep your athletic department afloat, nothing suprises me anymore with LSU and this seems par for the course.
Posted on 8/3/26 at 9:39 pm to SidewalkTiger
Posted on 8/3/26 at 9:41 pm to tigerbait2010
quote:
it’s absolutely not private equity
My new business idea isn’t a pyramid scheme, it’s multi level marketing
Posted on 8/3/26 at 9:41 pm to SoonerKA1999
quote:
Selling patches on jerseys is a little different than handing over 10% of indefinite earnings for a meager $100 million of immediate gratification.
Sure, but the reaction by folks like you is basically the same and pretty soon your school will be doing the same.
quote:
Ensuring your cash flow gets taxed at 10% indefinitely is retarded.
Agreed.
quote:
But when you're so desparate that you'll literally rob a childrens hospital to keep your athletic department afloat, nothing suprises me anymore with LSU and this seems par for the course.
This kind of comment indicates your level of delusion on the matter.
Posted on 8/3/26 at 9:45 pm to SoonerKA1999
quote:
nothing suprises me anymore with LSU and this seems par for the course
quote:
Posted on 8/3/26 at 9:47 pm to lsusteve1
quote:
LINK
Tiger Rag Link explains it better
According to Ball, for all intents and purposes, LSU is attempting to borrow money from its donors, against a more lucrative, future media deal.
Even if they can't call it a loan per se.
Posted on 8/3/26 at 9:49 pm to TDsngumbo
quote:
TDsngumbo
You think this a good thing for LSU?
Yikes.
Posted on 8/3/26 at 9:51 pm to lsusteve1
I think the Securities and Exchange Commission is going to get involved in this.
Posted on 8/3/26 at 9:56 pm to OleVaught14
I was going to make a joke, but this is just sad if true. Un F'ing real.
Posted on 8/3/26 at 9:56 pm to SidewalkTiger
I’m fairly wait and see with the concept, but I’m not sure how anyone can feel great about the death spiral college sports is heading into. If Jackie is right about the idea giving us the ability to buy who we want, other schools will emulate a similar model. Same retards on here that laughed when LSU reached an agreement with Woodside.
Posted on 8/3/26 at 9:57 pm to SidewalkTiger
quote:
Sure, but the reaction by folks like you is basically the same and pretty soon your school will be doing the same.
Yeah. OU is already looking into interested partners.
quote:
This kind of comment indicates your level of delusion on the matter.
How so? Did an LSU Booster not take money from a Childrens Hospital?
LSU Booster Sentenced to 33 Years in Prison...
Posted on 8/3/26 at 9:57 pm to tigerbait2010
quote:
I’m fairly wait and see with the concept, but I’m not sure how anyone can feel great about the death spiral college sports is heading into. If Jackie is right about the idea giving us the ability to buy who we want, other schools will emulate a similar model. Same retards on here that laughed when LSU reached an agreement with Woodside.
100%
Posted on 8/3/26 at 10:02 pm to SoonerKA1999
quote:
Did an LSU Booster not take money from a Childrens Hospital?
Sure, the head of the OLOL Foundation was laundering money and stealing it for personal use, according to the FBI.
That's a far cry from
quote:
you'll literally rob a childrens hospital to keep your athletic department afloat, nothing suprises me anymore with LSU and this seems par for the course.
Posted on 8/3/26 at 10:05 pm to SECCaptain
quote:
Isn’t this simply a bandaid? If they’re operating at an annual 8 figure deficit, $100,000,000 isn’t going to go very far, particularly when you consider that deficit will only be larger with this cutting future media-rights revenue
LSU has officially entered their "I can't keep up with my loan payments, maybe what I need is another loan to pay off some of my previous loans!" phase of their existence. Fitting for a program that is the equivalent of a trailer park.
Posted on 8/3/26 at 10:08 pm to TheTideMustRoll
Kalen has been holding a tin cup in the streets and your football recruiting class is AIDS. Every athletic department is having difficult conversations.
Good luck raising that 100 mill from your donors, poors
Good luck raising that 100 mill from your donors, poors
Posted on 8/3/26 at 10:13 pm to No Colors
quote:
Sounds like a great deal for the investors. Probably something LSU will regret.
How far will LSU go in order to continue their spending sprees?
Posted on 8/3/26 at 10:14 pm to tigerbait2010
It sounds like you'd better hope to hell that Kiffin can win big in his first year on the job, because once the money in the bank is gone there's no more coming behind it. Cheers!
Posted on 8/3/26 at 10:14 pm to TrueLefty
It’ll be so bad you’ll have to keep posting about LSU at 3 am for at least another decade
Posted on 8/3/26 at 10:14 pm to SidewalkTiger
Glad I could make you feel like you accomplished something today.
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