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Nocheez
Sep 5, 2000

Can you spare a little cheddar?
Nap Ghost
The term "student athlete" is such a joke. These kids deserve to have their scholarships be guaranteed, or get paid while they are playing.

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KYOON GRIFFEY JR
Apr 12, 2010



Runner-up, TRP Sack Race 2021/22

Elephanthead posted:

A lot of private schools are not listed. The amount of scholarships that Butler had to offer to fill enrollment dropped significantly after they hit the final four twice. The marketing part is not insignificant and students expect some sort of successful sport program they can attend and yell at as part of the experience.

not really, there are a lot of people that go to very good DIII schools that do not have sports cultures at all

Phanatic
Mar 13, 2007

Please don't forget that I am an extremely racist idiot who also has terrible opinions about the Culture series.

KYOON GRIFFEY JR posted:

not really, there are a lot of people that go to very good DIII schools that do not have sports cultures at all

It's really the D1 schools where are the bullshit happens. I went to a DIII school and there were guys on the football team taking exactly the same engineering classes I was taking, paying for all their own poo poo, and nobody was giving them any breaks.

KYOON GRIFFEY JR
Apr 12, 2010



Runner-up, TRP Sack Race 2021/22

Phanatic posted:

It's really the D1 schools where are the bullshit happens. I went to a DIII school and there were guys on the football team taking exactly the same engineering classes I was taking, paying for all their own poo poo, and nobody was giving them any breaks.

totally and same. I just question the idea that Top-Level College Sports is an integral part of the American collegiate experience, which seems like received gospel at this point.

Krispy Wafer
Jul 26, 2002

I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat

Grimey Drawer
You can't justify 10 million for a football coach if you're getting low energy players.

It's a self perpetuating cycle. The program pays ever higher salaries to directors and coaches who in turn need to recruit better and better players which justify higher salaries. Occasionally the system accidentally steps into reality, like when they realized you can't use student likenesses in video games without compensating them, which is impossible when you can't pay them. Hence why you can't get real players in the NCAA video games now.

Bird in a Blender
Nov 17, 2005

It's amazing what they can do with computers these days.

Elephanthead posted:

A lot of private schools are not listed. The amount of scholarships that Butler had to offer to fill enrollment dropped significantly after they hit the final four twice. The marketing part is not insignificant and students expect some sort of successful sport program they can attend and yell at as part of the experience.

Yea, sorry should have specified this is public schools only because that information is available. Private schools normally don't open their books like that.

BEHOLD: MY CAPE posted:

It continues to boggle my mind every single year why major division collegiate athletic booster associations are allowed to operate as nonprofit organizations while selling a commercial entertainment product to the public, receiving commercial revenue from TV contracts and advertising, and paying coaches and administrators and millions in salaries and benefits. If only the rest of the world worked like this, where you could donate some fraction of your organizational revenues to something unprofitable like women's sports and a couple million dollars to a university general fund or scholarship fund and be considered a nonprofit.

Honestly, tons of things are considered non-profit that really shouldn't be. The sports programs, if they make money, usually just pour that money back into the university. Since most universities receive a fair amount of tax-payer dollars anyway, it's kind of pointless to tax them. Hell, the NFL was recently considered non-profit (just the league office, not the individual teams).

Craptacular
Jul 11, 2004

I'm not really a sports fan at all, but it seems like baseball's system works better. Have a collegiate system for those players who want a college education, but then a minor league system for the players who just want to play the game and get paid. The problem with football is that there's no minor league, so anyone who wants to have a shot at playing in the NFL has to go to college, even if they're not really interested in being a student.

FrozenVent
May 1, 2009

The Boeing 737-200QC is the undisputed workhorse of the skies.
If y'all wanna bitch at a non-profit that shouldn't be a non-profit, look at the US Polo Association.

Which is ostensibly a clothing brand that purports to be a sports association.

Krispy Wafer
Jul 26, 2002

I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat

Grimey Drawer

FrozenVent posted:

If y'all wanna bitch at a non-profit that shouldn't be a non-profit, look at the US Polo Association.

Which is ostensibly a clothing brand that purports to be a sports association.

Ralph Lauren tried to sue for them for making clothing with the word Polo in it.

Do they really sell that much clothing though? I purchased a couple of their shirts off Amazon and while they were alright, any self respecting Polo player would definitely be wearing Ralph Lauren.

FrozenVent
May 1, 2009

The Boeing 737-200QC is the undisputed workhorse of the skies.
They're not aimed at polo players; they're knock-off Ralph Lauren. They sell a fairly significant amount from what I've seen.

Inept
Jul 8, 2003

Krispy Wafer posted:

I purchased a couple of their shirts off Amazon and while they were altright

That's how I read that the first time, stupid polo shirt wearing nazis

canyoneer
Sep 13, 2005


I only have canyoneyes for you
Isn't there a woven shirt brand that all the euro skinheads prefer and it infuriates the company who makes them?

Bird in a Blender
Nov 17, 2005

It's amazing what they can do with computers these days.

Probably Ben Sherman. It's pretty popular with anti-racist skins.

Eldred
Feb 19, 2004
Weight gain is impossible.

canyoneer posted:

Isn't there a woven shirt brand that all the euro skinheads prefer and it infuriates the company who makes them?

Fred Perry. https://www.gq.com/story/fred-perry-wants-alt-right-bros-to-stop-wearing-their-polos/amp

therobit
Aug 19, 2008

I've been tryin' to speak with you for a long time

I mean polo shirts are a war crime to beginwith so...

Liquid Communism
Mar 9, 2004

коммунизм хранится в яичках

Craptacular posted:

I'm not really a sports fan at all, but it seems like baseball's system works better. Have a collegiate system for those players who want a college education, but then a minor league system for the players who just want to play the game and get paid. The problem with football is that there's no minor league, so anyone who wants to have a shot at playing in the NFL has to go to college, even if they're not really interested in being a student.

There's no minor league because a football player's career is relatively short compared to basketball or baseball. Just playing, even at a developmentail level, wears people out physically and generates brain damage from CTE.

I love football, but the game as it's played now doesn't have too many more years if the medical evidence they've been sewing holds up.

Youth Decay
Aug 18, 2015

FrozenVent posted:

If y'all wanna bitch at a non-profit that shouldn't be a non-profit, look at the US Polo Association.

Which is ostensibly a clothing brand that purports to be a sports association.

USPA Properties Inc is a for-profit corporation that pays royalties to the non-profit USPA for the right to license the trademark to various apparel companies. The USPA itself is a legitimate association founded in 1890 with a couple hundred member clubs.

That does not take away from the fact that polo is so goddamn expensive it barely counts as a sport in the first place. It's more of a display of how rich you are that you can afford to pay for a several million dollars worth of horses and equipment that (unlike the other rich person equestrian activity of horse racing) don't even have the small potential to earn back a significant portion of that money and are constantly trying to injure themselves in typical horse fashion.

edit: Here's a great investment opportunity for you all

Youth Decay fucked around with this message at 05:34 on Dec 1, 2017

Nocheez
Sep 5, 2000

Can you spare a little cheddar?
Nap Ghost

Liquid Communism posted:

There's no minor league because a football player's career is relatively short compared to basketball or baseball. Just playing, even at a developmentail level, wears people out physically and generates brain damage from CTE.

I love football, but the game as it's played now doesn't have too many more years if the medical evidence they've been sewing holds up.

It certainly doesn't hurt that the NCAA gets 3+ years of free play-time and the NFL gets 3+ years of free development out of student athletes.

Liquid Communism
Mar 9, 2004

коммунизм хранится в яичках

Nocheez posted:

It certainly doesn't hurt that the NCAA gets 3+ years of free play-time and the NFL gets 3+ years of free development out of student athletes.

Nope. With a revenue north of $6 billion a year, I have a hard time finding an argument that the NFL can't afford to be paying into a massive general scholarship fund at the very least.

Volmarias
Dec 31, 2002

EMAIL... THE INTERNET... SEARCH ENGINES...

Liquid Communism posted:

Nope. With a revenue north of $6 billion a year, I have a hard time finding an argument that the NFL can't afford to be paying into a massive general scholarship fund at the very least.

Hold on, do you think someone just builds those stadiums for them???

Liquid Communism
Mar 9, 2004

коммунизм хранится в яичках

Volmarias posted:

Hold on, do you think someone just builds those stadiums for them???

Generally, yeah. The taxpayers do.

quote:

On May 10, 2012, the Minnesota Legislature approved funding for a new Vikings stadium on that site. The project is projected to have a $975 million price tag, with the Vikings covering $477 million, the state covering $348 million, and $150 million covered by a hospitality tax in Minneapolis.

quote:

The Raiders' planned move to Las Vegas was on life support when casino magnate Sheldon Adelson withdrew his $650 million pledge in late January. Adelson helped spearhead a $750 million hotel tax toward the project, while the Raiders are contributing $500 million.

Liquid Communism fucked around with this message at 14:49 on Dec 1, 2017

Volmarias
Dec 31, 2002

EMAIL... THE INTERNET... SEARCH ENGINES...

Liquid Communism posted:

Generally, yeah. The taxpayers do.

:thejoke:

Liquid Communism
Mar 9, 2004

коммунизм хранится в яичках

I know, but they're such a great example of BWM on a city scale that they need mentioning! Almost no city gets enough in tax revenues from a team being there to pay for what they give them.

AreWeDrunkYet
Jul 8, 2006

Liquid Communism posted:

I know, but they're such a great example of BWM on a city scale that they need mentioning! Almost no city gets enough in tax revenues from a team being there to pay for what they give them.

But, but, there's no price you can put on the pride of cheering for a business that gives you no tangible benefit.

Krispy Wafer
Jul 26, 2002

I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat

Grimey Drawer
The granddaddy of all horrible stadium deals is about to get a $200 million dollar new retractable roof, even though it's primary use ended in 2003.

http://montrealgazette.com/news/local-news/quebec-approves-new-retractable-roof-for-big-o

But why would they dump even more money into...

quote:

Some argued the stadium should be demolished, but those costs are also astronomically high, leaving the government little choice but to invest some of its new-found surplus money in the operation.

:sigh:

Ashcans
Jan 2, 2006

Let's do the space-time warp again!

Pff, you can just neglect them until they collapse, like old Olympic venues

Not a Children
Oct 9, 2012

Don't need a holster if you never stop shooting.

Let's see, we can either invest in plugging up this hole, or we can build a municipal system around the leak

Yeah that second one sounds good

Nail Rat
Dec 29, 2000

You maniacs! You blew it up! God damn you! God damn you all to hell!!

AreWeDrunkYet posted:

But, but, there's no price you can put on the pride of cheering for a business that gives you no tangible benefit.

Yes there is, it's $10 per lovely macrobrew and $7 per sad hot dog.

Krispy Wafer
Jul 26, 2002

I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat

Grimey Drawer

Nail Rat posted:

Yes there is, it's $10 per lovely macrobrew and $7 per sad hot dog.

That trend might be going the other way. Both new stadiums in Atlanta have fairly reasonable prices. The Braves ballpark even lets you bring in a gallon zip lock bag per person with any food you can stuff in it. The Falcons stadium has the lowest concession prices in the league. Maybe prices finally hit a point where the extra money made didn't provide enough of a return on fewer sales.

And yes, I looked like a hobo going to the ballpark with a zip lock bag full of treats.

KYOON GRIFFEY JR
Apr 12, 2010



Runner-up, TRP Sack Race 2021/22
falcons is solely because Art Blank think's it's important to have low concession prices

Phanatic
Mar 13, 2007

Please don't forget that I am an extremely racist idiot who also has terrible opinions about the Culture series.

Liquid Communism posted:

I know, but they're such a great example of BWM on a city scale that they need mentioning! Almost no city gets enough in tax revenues from a team being there to pay for what they give them.

And all the arguments about all the money they bring in are pretty much bullshit. Stadiums just compete with other types of entertainment; people who go to the game aren't going to a restaurant or movie theater. It's just a different allocation of money that would be spent anyway. It's a classic example of what is seen and unseen.

The NFL's been pretty BWM lately. Even putting aside the protest issue (which this isn't the forum for so let's really put it aside), they've been doing dumb things:

https://www.outkickthecoverage.com/nfl-tv-partners-set-lose-500-million-ratings-decline/

quote:

As Roger Goodell, Jerry Jones, and the NFL engage in an ugly internal fight over the future leadership of the NFL, TV partners at CBS, ESPN, Fox and NBC are staring at their own internal conflicts — namely a substantial decline in NFL ratings that is on pace to cost the four networks up to $500 million in lost revenue.

1.
...
It used to be that the NFL’s one eastern kickoff window was can’t miss television. It was the foundation of the league’s television dominance.

Monday Night Football didn’t really detract from the overall product because it was just one game.

But then the NFL added games games in London, a Sunday Night Football game on NBC, and a Thursday night football game all year around.

The result?

You now have just seven or eight games kicking off in this one eastern window and those games are frequently bad or mediocre for most of the country because the better games are being pulled to be put on exclusive airing windows on Thursday, Monday or Sunday nights.

...

3.
The addition of two teams to Los Angeles.

While the NFL spent a great deal of time celebrating its return to the nation’s second largest city the reality is this, the Rams and the Chargers have brought down television ratings in Los Angeles, costing the league’s TV partners tens of millions of dollars in tenths of ratings points by themselves.

Why?

Because over the past generation without the NFL in LA, the city received the best games every week.

Instead of getting local teams like the Rams and the Chargers, Los Angeles got the Cowboys and the Patriots, the best teams with the biggest fan bases playing in the most important weekly games.

And TV ratings were very good in Los Angeles.

Then LA got two teams of its own and TV ratings dropped.

The Rams and Chargers stadiums are loving empty when they play, despite ticket prices on Stubhub being as low as $6. The NFL figured that if people like some football, people will like even more football. Turns out there's probably some limit to how much football people will like.

Phanatic fucked around with this message at 16:06 on Dec 1, 2017

disjoe
Feb 18, 2011


Youth Decay posted:

edit: Here's a great investment opportunity for you all


Damnit my aunt was right, it was a genius investment

Liquid Communism
Mar 9, 2004

коммунизм хранится в яичках

Phanatic posted:

And all the arguments about all the money they bring in are pretty much bullshit. Stadiums just compete with other types of entertainment; people who go to the game aren't going to a restaurant or movie theater. It's just a different allocation of money that would be spent anyway. It's a classic example of what is seen and unseen.

The NFL's been pretty BWM lately. Even putting aside the protest issue (which this isn't the forum for so let's really put it aside), they've been doing dumb things:

https://www.outkickthecoverage.com/nfl-tv-partners-set-lose-500-million-ratings-decline/


The Rams and Chargers stadiums are loving empty when they play, despite ticket prices on Stubhub being as low as $6. The NFL figured that if people like some football, people will like even more football. Turns out there's probably some limit to how much football people will like.

It's almost like tv blackouts are a relic of the 60's and a terrible idea in the modern streaming video age.

Mineaiki
Nov 20, 2013

BWM is governments propping up the malignant tumor that is the NFL.

I don’t know though, what’s the economic activity they generate in return for all the tax breaks/gifts? They sell a lot of jerseys.

Phanatic
Mar 13, 2007

Please don't forget that I am an extremely racist idiot who also has terrible opinions about the Culture series.

Mineaiki posted:

BWM is governments propping up the malignant tumor that is the NFL.

I don’t know though, what’s the economic activity they generate in return for all the tax breaks/gifts?

Linking again:

https://econjwatch.org/file_download/222/2008-09-coateshumphreys-com.pdf?mimetype=pdf


John Cena is BWM:

https://jalopnik.com/john-cena-is-being-sued-by-ford-for-reselling-his-new-f-1820913011

To "take care of expenses" he had to "liquidate for cash" some of his assets, which included his Ford GT. Which in turn violated the contract he signed with Ford when he bought it, wherein he promised to hold onto it for at least two years. So they're suing him for the profits + $75,000.

Phanatic fucked around with this message at 18:37 on Dec 1, 2017

Sundae
Dec 1, 2005


In this one-time opportunity, you can pay $158.61 (or more) real moneys to learn all about why you should embrace the coming era of internet quatloos.


quote:

What is a cryptocurrency and why does it have value? What is an initial coin offering (ICO) and how have tech entrepreneurs raised billions of dollars in non-dilutive financing? Can existing startups add cryptocurrency to their business model? In this installment of our "View From The Top" series, you'll hear answers to these questions and more from some of the key leaders in this fast-growing field including:

CEO of a cryptocurrency with the 3rd largest market cap

CEO who last month broke the all-time record for an Initial Coin Offering (ICO)

Co-Chief Investment Officer of one the largest dedicated ICO hedge funds

Head of the Digital Currency+Blockchain Practice for one of the country's leading law firms


I particularly love them calling cryptocurrencies "non-dilutive financing."

Subjunctive
Sep 12, 2006

✨sparkle and shine✨

ICOs are non-dilutive financing.

bob dobbs is dead
Oct 8, 2017

I love peeps
Nap Ghost

Subjunctive posted:

ICOs are non-dilutive financing.

well, they are, sure
just like bank robbery is also non-dilutive

Barry
Aug 1, 2003

Hardened Criminal

KYOON GRIFFEY JR posted:

totally and same. I just question the idea that Top-Level College Sports is an integral part of the American collegiate experience, which seems like received gospel at this point.

If nothing else, it makes pointless water cooler chat a lot easier.

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Subjunctive
Sep 12, 2006

✨sparkle and shine✨

bob dobbs is dead posted:

well, they are, sure
just like bank robbery is also non-dilutive

You get an asset, under colour of law. Maybe not priced the way you or I would value it, maybe not liquid long term, but that’s the case for art too, and for equity especially for private companies. (There’s actually better work being done for pricing art than tokens or private shares, mind you.)

E: private shares are more likely to go to zero than even hold their value, historically

Subjunctive fucked around with this message at 20:01 on Dec 1, 2017

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