🏈 University of Utah and Otro Capital trying to enter into a $500m deal

[bamafan9201]

My goodness





I can't say I didn't see this coming but I am a little surprised it happened so quickly...

My takeaway, I'm not sure I like the idea of a financial institution having some sway over a school but it's an interesting take on how to handle the NIL situation from here forward. I'm intrigued to see if this deal is allowed to go through or not.

 

[Justneedme81]

Gotta think Saban dealerships and other equity companies will do same for Alabama.

 

[sean]

Gotta think Saban dealerships and other equity companies will do same for Alabama.

God I hope not. The University doesn't need anyone else trying to have a say in anything; including dealerships co-owned by Nick Saban.

 

[Rolltide24]

College teams will be even more aligned to the NFL with models like this.

 

[TerryP]

I would say "translated, a strongly worded letter." But.

We are talking the government and taxes.

 

[bamafan9201]

I would say "translated, a strongly worded letter." But.

We are talking the government and taxes.

I honestly didn't think of this angle but yea he's right taxes, capital gains, inheritance taxes, all kinds of things could be applied for endowments and grants and other things. Very interesting thing to think about in this landscape

 

[TerryP]

I honestly didn't think of this angle but yea he's right taxes, capital gains, inheritance taxes, all kinds of things could be applied for endowments and grants and other things. Very interesting thing to think about in this landscape

Interesting, in the fact if the gov sees something they can tax, they will? Isn't this the landscape?

Geez. I'm reminded of a TV show I watched occasionally. Brick was one of the kids names...dad was from Scrubs, wife from Everyone Loves Raymond. They had a daughter who couldn't get into cheerleading, I think it was, so she started her own squad for wrestling?

Here's how I'm seeing this...

Let's get involved in NIL and revenue sharing on a Congressional level.
Then we can create a committee.
Then I can chair the committee.
Then I'll ask several friends to join me on my committee.

NOW I'll have face time on TV in the voting season (athletic seasons.)

See...cynical, I am.