Reply to College Football--Big Ten Expansion

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]FSU may have engaged the services of an investment banker (JP Morgan Chase) and a private equity (PE firm Sixth Street) firm to raise money as well as to have access to sufficient capital to first make a settlement offer and to have a sufficient show of capital to fund an expensive court battle (which is a great & often effective settlement strategy).[/quote]

Agree with the first part but there is no way there will be investor money to fund this lawsuit.  They will fund a settlement.  The outcome is not good.  You could not get anyone to fund -- except alums and even they don't have that kind of cash.[/quote]

Agree, but a show of force is often enough to get folks to the table and engage on a reasonable level regarding a settlement.[/quote]

A show of force? If FSU offers 1.2 billion it will be considered. If they want to borrow it or sell their rights to Wall Street for the money nobody cares. Still might not be agreed to.[/quote]

Some of us deal in the real world where business decisions typically involve some degree of bargaining and compromise while others may choose a hard-headed fight to the death type approach.[/quote]

[b]sigh.  You are playing checkers.[/b]  Chess is the game.  What do the ACC schools that can't go anywhere want?  It is not money.  [b]Duke and BC are loaded[/b].  What they want is a power conference.  I[b]n other words they do not want the dollars [/b]-- they want the conference.  So go ahead and sue us.  You can't move until the litigation is over and appeals are over.  No conference would touch you.  Best case you sue and three years later you can move because you won.  But three years from now there may be no slots.  You will be screwed.  The ACC schools that can't get anywhere else are not going to be reasonable.  Why would they.  They have you over a barrel.  You can't give them what they want.  The ACC has to either expand or get taken by the SEC and Big10.  [/quote]

When I read statements like this, it is clear that you are--to use a word from your prior post--delusional.[/quote]

I was not the PP you referred to.  [b]Duke and BC[/b] have large endowments.  Football is important to both schools but not the most important.  [b]Neither needs money[/b].  BC's last fund raising campaign raised $1 billion over a year or so.  They are about to start another.  What those schools care about here is playing in a top conference.  Playing in a crappy conference but getting a bunch of money does nothing for either school.  They are not playing the game you think they are.  That is why there will be a real look at expanding the ACC.  That is the easiest course for everyone.  Breaking up is not in the cards.[/quote]

BC & Duke may not be "playing the game" because neither school is invited.

Anyone who states that Duke & BC are not interested in money from athletics or that Duke & BC have enough money cannot be taken seriously. However, if truly the case, then why not join the Ivy League as it is an athletic conference ? Or what do you mean by a "top conference " ?

Also, if neither BC nor Duke needs money, then return the checks to the ACC so that the conference can increase payouts to FSU & Clemson.[/quote]

They want to be in what was called the Power 5 once upon a time.  [b]Ivy will never ever admit anyone else even Stanford.[/b]  BC ad Duke both want to play top teams and get Thursday night games.  That is what they want.  They also like the money they get.  My point is that they do not want or need $50 million extra from a one time payout and play in some second tier conference.  They would rather get no extra money and play in a top conference.  Top changes all the time but right now it is SEC or Big10 or Big12.  Neither Duke nor BC will take any deal where they are not in those conferences.[/quote]

The Ivy League would admit schools like Stanford, Duke, Northwestern, U Chicago, & MIT in a heartbeat, but none of those schools are interested in stepping down to the Ivy League. My reference to BC & Duke joining the Ivy League was intended to be humorous.[/quote]

Ivy would not.  MIT and UChicago are D3 and do not have football.  They would take Duke or NW under any circumstances.  Stanford is closer but no they would not take them.[/quote]

Quick somebody tell U Chicago's football team is just a figment of their imagination.[/quote]

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