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re: So it begins - LSU rumored to make deal with PE
Posted on 8/4/26 at 5:35 am to SECCaptain
Posted on 8/4/26 at 5:35 am to SECCaptain
quote:
SECCaptain
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
Yes.
Posted on 8/4/26 at 5:49 am to tide06
quote:
The only entities capable of making college sports worse are PE and the federal government.
This is one of the most accurate posts ever on this site.
Posted on 8/4/26 at 5:55 am to URGatorB8
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With a 9-game conference schedule and the highest ratings ever in the 1st year of the ABC deal, the next media contract will be massive.
It will also be a long long ways off (great negotiating there Sankey).
Posted on 8/4/26 at 6:20 am to OleVaught14
Imagine giving it all up just to somehow afford a coach who's never won an SEC title. Wild.
Posted on 8/4/26 at 6:30 am to SoonerKA1999
quote:
LSU... the Red Lobster of college football.
I wonder if 'all you can eat corndogs' would convince more LSU fans to fork over more money?
Posted on 8/4/26 at 6:30 am to Landmass
LSU Fans: This is all part of the plan...
Posted on 8/4/26 at 6:50 am to captdalton
I hope it isn't true and won't panic yet until something more reputable comes along reporting it.
I would assume they are just selling LSU's interest in the media rights, not actually an interest in LSU itself.
Perhaps it's current media rights, which would expire under a different contract with ESPN? No clue how much the current media rights are worth though.
quote:
what is the legality of essentially selling part of a public entity - LSU - to a private entity - private equity?
I would assume they are just selling LSU's interest in the media rights, not actually an interest in LSU itself.
quote:
$100,000,000 now to give up 10% of future media rights money forever?
Perhaps it's current media rights, which would expire under a different contract with ESPN? No clue how much the current media rights are worth though.
Posted on 8/4/26 at 6:54 am to OleVaught14
If true, … that’s some bad voodoo
This post was edited on 8/4/26 at 7:01 am
Posted on 8/4/26 at 8:05 am to tigerbait2010
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ETA: obviously parties far more intelligent than Lane Kiffin are steering this boat
Posted on 8/4/26 at 8:17 am to TDsngumbo
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You’re just sad the “LSU is broke” tired line can’t be used anymore. It was false before and if this is true, it’s definitely still false.
Weird level of defensive...
Posted on 8/4/26 at 8:19 am to OleVaught14
quote:
“LSU has closed a deal for 10 percent of LSU’s media rights – primarily tied to football – that will generate in excess of $100 million,” Ball said.
I like this better than jersey patches and field logos. This is the way to do it
Posted on 8/4/26 at 8:55 am to cajunbama
quote:
They would be dumber than a clear plastic sack of hammered dog shite to give up 10% into perpetuity
This is what happens in a state that sells itself cheaper than a two buck whore and has willingly elected a greasy plaintiff attorney as Governor.
Posted on 8/4/26 at 9:34 am to OleVaught14
If you read between the lines, LSU’s donors are tapped out. They aren’t willing to continue donating millions with nothing tangible in return. Now they are demanding something in return - a 10% stake of all future earnings.
As that earlier linked article pointed out, this has to be structured perfectly for it to be legal. Louisiana’s constitution prohibits selling public assets without it being at fair value. And there is no way that they will be able to prove that $100 million is the fair market price of 10% of all future earnings unless they get very creative. It also sounds like there is also an established process that is required and everything must be documented and disclosed. Deals are not supposed to be made in backrooms. If I were a taxpayer in Louisiana I would be irate about this on general principle. Selling a 10% share of all future earnings - a publicly held asset - to private investors with no voter input is insane. From another article it sounds like this is a done deal, and all it took was a meeting with governor Landry, president Rousse, and some big money donors (of LSU and probably of Landry).
This may or may not work out for LSU, but their lawyers will have a feast.
Just Put It On a Credit Card and Worry About it Later
As that earlier linked article pointed out, this has to be structured perfectly for it to be legal. Louisiana’s constitution prohibits selling public assets without it being at fair value. And there is no way that they will be able to prove that $100 million is the fair market price of 10% of all future earnings unless they get very creative. It also sounds like there is also an established process that is required and everything must be documented and disclosed. Deals are not supposed to be made in backrooms. If I were a taxpayer in Louisiana I would be irate about this on general principle. Selling a 10% share of all future earnings - a publicly held asset - to private investors with no voter input is insane. From another article it sounds like this is a done deal, and all it took was a meeting with governor Landry, president Rousse, and some big money donors (of LSU and probably of Landry).
quote:
This week, Gov. Jeff Landry and LSU President Wade Rousse will convene a pair of private meetings with top donors to LSU’s sports programs to lay out a new revenue model that could “change the future of college sports in America.”
quote:
Grandiose statements aside, part of the deal may already be done: Baton Rouge news website RedEye reported Monday morning that LSU had already entered into an agreement with a private equity firm for $100 million.
quote:
And so, we are in a spot where LSU has cut its first private equity deal. More than the taxpayers, residents, fans, donors or the state’s political leadership, one private company now has an actual share of the flagship public university’s sports programs. Investors aren’t looking for wins. They’re looking for a return.
This may or may not work out for LSU, but their lawyers will have a feast.
Just Put It On a Credit Card and Worry About it Later
Posted on 8/4/26 at 9:54 am to parrothead
quote:
If PE takes over college sports just burn it all down.
will 100% happen.
It is.......................inevitable.
Posted on 8/4/26 at 10:07 am to TDsngumbo
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You’re just sad the “LSU is broke” tired line can’t be used anymore. It was false before and if this is true, it’s definitely still false.
What you're reading in the OP is literally the opposite of your conclusion.
Posted on 8/4/26 at 10:27 am to OleVaught14
Melt
Posted on 8/4/26 at 10:29 am to OleVaught14
The rumors i’m hearing are more like they’re offering a small amount of equity to the biggest boosters.
I dont love it though.
I dont love it though.
Posted on 8/4/26 at 11:01 am to Rebbedup
quote:
You really need mental help man. I would be concerned if my school got in so deep it sold its soul to private equity investors. Why drop your drawers and defend it (if it’s true)?
Where did I defend it? I don't like it any more than anyone else.
Once schools start going down this path, it will inevitably ruin the sport.
Posted on 8/4/26 at 11:09 am to SammyTiger
quote:
The rumors i’m hearing are more like they’re offering a small amount of equity to the biggest boosters.
Black Bears ALWAYS have their rumors straight
Especially when it comes to LSU
Posted on 8/4/26 at 11:12 am to NFLSU
i think it’s structured like a PE deal but the investors are the boosters who are already throwing money at the programs
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