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Is it possible your favorite team will be listed on the New York Stock Exchange……

Posted: Wed May 22, 2024 11:36 am
by Mountainman
…… and someday day you’ll be able to be a shareholder????? :wink:


https://sports.yahoo.com/with-college-s ... 21493.html



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Re: Is it possible your favorite team will be listed on the New York Stock Exchange……

Posted: Thu May 23, 2024 12:22 pm
by Spence
I think I already am a shareholder. They get enough money from me anyway.

Re: Is it possible your favorite team will be listed on the New York Stock Exchange……

Posted: Fri May 24, 2024 3:15 pm
by Derek
This is so absolutely ridiculous. Private equity firms are full of people that have no idea what it means to run a business. They are always very short sighted. Many businesses have been ruined by their meddling in the business model, Red Lobster being a good example.

It's no different in my field either. Many security software products have been bought up by private equity firms and they are promptly destroying them. I work with Trellix, and there have been layoff and layoffs due to their inability to innovate and run things.

Now this same short-sightedness is being applied to college athletics. :(

Re: Is it possible your favorite team will be listed on the New York Stock Exchange……

Posted: Fri May 24, 2024 4:06 pm
by Mountainman
……. Just wait until the courts get through with them. :wink:

https://www.cbssports.com/college-footb ... s-at-risk/


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Re: Is it possible your favorite team will be listed on the New York Stock Exchange……

Posted: Mon May 27, 2024 10:44 pm
by Derek
This is the part that angers me the most. So other sports are going to suffer because players want to get paid.

Those others sports that don't generate money, are no less important to a student's education and time in college. They will hurt these smaller sports (depending on the school) in the name of "gettin' paid"

The fate of non-revenue sports (which at most schools means everything besides football and men's basketball) will hang in the balance as athletic administrators grapple with the financial ramifications of the settlement.

Re: Is it possible your favorite team will be listed on the New York Stock Exchange……

Posted: Tue May 28, 2024 8:20 am
by Spence
Most schools will cut non revenue sports. This is what happens when politicians get involved. The law of unintended consequences.