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Orange Blooded [3701]
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What stops a company from buying a college team?
Dec 17, 2023, 1:43 PM
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Think about it. Amazon or a smaller market company could decide to fund and build a powerhouse football team anywhere- fearing large salaries for coaches, facilities and player compensation. Imagine a school like Georgia state in ATL getting corporate funds behind it and then demanding to be included top level playoff tier. Advertising alone would be worth it. It’s coming!!!
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CU Medallion [57984]
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Didn't Nike already do that?
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Dec 17, 2023, 1:44 PM
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Not that it has mattered.
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110%er [7223]
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Re: Didn't Nike already do that?
1
Dec 17, 2023, 1:48 PM
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Pretty much
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CU Medallion [68414]
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Re: What stops a company from buying a college team?
Dec 17, 2023, 1:49 PM
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or a locality like how Green Bay owns the Packers.
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All-TigerNet [10581]
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Nothing.***
Dec 17, 2023, 2:05 PM
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Orange Blooded [3615]
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Re: What stops a company from buying a college team?
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Dec 17, 2023, 2:13 PM
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That might be bad for business.
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110%er [8636]
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Re: What stops a company from buying a college team?
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Dec 17, 2023, 2:47 PM
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Good sense stops that. You obviously do not understand that a business needs to make a profit and has shareholders that require that the stock price stay up. If Joe Blow has enough money from selling whatever he sells, he could risk losing the money but rich people don't get rich by being stupid.
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110%er [7223]
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Re: What stops a company from buying a college team?
Dec 17, 2023, 2:55 PM
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Genuine question here but why wouldn't a successful college football team not generate revenue for its owner? How are you so sure it would be a loss when the evidence of Alabama, Clemson , Georgia, Michigan , Texas, Texas A&M etc shows they are multi million dollar football revenue schools already?
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CU Guru [1060]
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Re: What stops a company from buying a college team?
Dec 17, 2023, 5:02 PM
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Not seeing how they would “own” the team, at least under current conditions. I assume you’re suggesting they would use NIL. If so, it’s not as if they’d get to collect gate receipts, conference payouts, etc. Or did you mean something else entirely?
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110%er [5193]
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Re: You Want Flour Daniel And BMW To Come Together And Buy Clemson????***
Dec 17, 2023, 2:51 PM
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110%er [6212]
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Re: What stops a company from buying a college team?
Dec 17, 2023, 4:04 PM
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Why would a business want to alienate well over half their customer base by supporting a single college team? Bad business.
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Associate AD [846]
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Re: What stops a company from buying a college team?
Dec 17, 2023, 4:24 PM
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What if they used a NASCAR model and had several teams under one umbrella. Might see a break away like LIV.
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110%er [7692]
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Re: What stops a company from buying a college team?
Dec 17, 2023, 4:41 PM
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Nothing! Actually read a very interesting article that suggested there was a Dubai Prince that is or was investigating monetary return if he invested into a P5 college. I think the article while not naming the person, it suggested he was an UAE guy that had a stake in the LIV golf league. There are some very rich people looking at these possibilities.
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