I See That Clemson Might Turn To Private Equity To Fund Their Athletics.

[gamecock stock]

I'd have to look into that to see if it's good or bad. But, I give their Athletic Director credit for not twiddling his thumbs while college athletics is drastically changing.

 

[muscleknight]

We have already sold the basketball arena naming rights to Colonial and baseball to Founders. I'm surprised we haven't sold the naming rights to WBS.

 

[Irvin Snibbley]

You did sell the rights to WB.To the Williams family from Sumter.

 

[Gamecock Jacque]

You did sell the rights to WB.To the Williams family from Sumter.

And cheaply in comparison.

 

[Gamecock Vet]

I'd have to look into that to see if it's good or bad. But, I give their Athletic Director credit for not twiddling his thumbs while college athletics is drastically changing.

You mean like the tree stump that is USC’s AD??

 

[KingWard]

I'd have to look into that to see if it's good or bad. But, I give their Athletic Director credit for not twiddling his thumbs while college athletics is drastically changing.

I want to make sure I understand. Would that involve selling stock in the LLC that the athletic department is organized as?

 

[Gamecock Jacque]

I want to make sure I understand. Would that involve selling stock in the LLC that the athletic department is organized as?

Seems that would only work for a private school.

 

[KingWard]

Seems that would only work for a private school.

If an athletic program is a corporation, it could issue stock, though a state school might need some enabling legislation.

 

[Gamecock Jacque]

If an athletic program is a corporation, it could issue stock, though a state school might need some enabling legislation.

Would you buy stock in our athletic program?

 

[KingWard]

Would you buy stock in our athletic program?

No, but if I were a UPC fan, I might buy stock in that one. Might.

 

[gamecock stock]

No, but if I were a UPC fan, I might buy stock in that one. Might.

Could not find out details, if they go that route. All I could find out was that it would be a way to generate more money for their athletic program.

I'm with you. I would not buy stock in our athletic program. But I might in theirs if I was one of them.

 

[muscleknight]

Clemson could turn to David Tepper since he has done such a good job with the Panthers

 

[Thunderstick]

I thought they were looking to "private equity" to fund their exit from the ACC.