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University of Utah nearing landmark private equity deal expected to generate $500 million


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Posted (edited)
3 minutes ago, dieucla98 said:

How does that end up making money exactly?

They're basically selling the Utah 'brand.'

Quote

... in exchange for the upfront cash, Otro will earn a large percentage of annual revenues generated from Utah Brands & Entertainment ...

In other news, Utah has a brand.

Edited by TOR
Posted
21 minutes ago, CooterBrown said:

Yes, yes it will. So incredibly dumb and short-sighted to take money from these ghouls. 

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Posted
34 minutes ago, CooterBrown said:

Sears

Red Lobster

Star Wars

Be it PE or regular greed, the intent is the same.  Take a brand that can generate revenue/dividends forever and pull ALL that back to a 5-8 year run.  Leave the husk along the road.  Move on to the next.

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Posted
10 minutes ago, Parliament said:

Sears

Red Lobster

Star Wars

Be it PE or regular greed, the intent is the same.  Take a brand that can generate revenue/dividends forever and pull ALL that back to a 5-8 year run.  Leave the husk along the road.  Move on to the next.

It’s embarrassing watching this transpire. You don’t under any circumstances, take money from these people. Once again this conference shows how broke most of these schools are. They won’t be the last to take an offer from these trash human beings in the Big XII. 

9 minutes ago, Js1 said:

CFB is so fucking cooked

Yes it is. Unintended consequences and whatnot from NIL.

Posted
1 hour ago, CooterBrown said:


Yes. Yes it will. Also the headline is misleading. It’s a loan, effectively. A very expensive one. 

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Posted
1 minute ago, Newy25 said:


Yes. Yes it will. Also the headline is misleading. It’s a loan, effectively. A very expensive one. 

Not to mention they've essentially handed the reins of the athletic dept over to the Otro PE bloodsuckers.

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Posted (edited)
6 minutes ago, TOR said:

Not to mention they've essentially handed the reins of the athletic dept over to the Otro PE bloodsuckers.

They will install pay toilets or some shit at the stadium. The fan experience is about to plummet. Hope Utes enjoy another DraftKings FIRST DOWN! 

Edited by 956 Worldwide
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Posted
3 minutes ago, 956 Worldwide said:

They will install pay toilets or some shit at the stadium. The fan experience is about to plummet. Hope Utes enjoy another DraftKings FIRST DOWN! 

Yeah, ostensibly the revenue for the vultures comes from licensing and marketing and shit.

But where it's likely to come from really is ticket prices, concessions, and shit like pay toilets.

Posted
1 hour ago, Incredulity said:

Synergy?

Ideation?

Disruption of paradigms?

Did you just get out of a corporate meeting? That right there is outside-the-box thinking!

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Posted
1 minute ago, Incredulity said:

Its going to be wild when the money pressure builds to a point where a college team(and broadcast partner) says fuck it, we are playing on Sundays.

Or the bean counters come with a proposal to move the CFB season to the spring. 

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Posted
7 minutes ago, 956 Worldwide said:

They will install pay toilets or some shit at the stadium. The fan experience is about to plummet. Hope Utes enjoy another DraftKings FIRST DOWN! 

Shit, dont give Belmont any ideas. Its already a shit fest of ads and promos. If I have to pay to piss modelo every 30 minutes I'll burn the motherfucker down.

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Posted
Just now, MissingInAction said:

Shit, dont give Belmont any ideas. Its already a shit fest of ads and promos. If I have to pay to piss modelo every 30 minutes I'll burn the motherfucker down.

You’ll be able to link your CC to place a prop on whether you have to crack the seal before midway through the seconds quarter. Diamond Piss Partners enjoy line cutting privileges and priority access when the other team’s band is playing. 

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Posted
6 minutes ago, TwiceHorn said:

Yeah, ostensibly the revenue for the vultures comes from licensing and marketing and shit.

But where it's likely to come from really is ticket prices, concessions, and shit like pay toilets.

I can’t wait until they are forced to sell alcohol at the games because of this. State law notwithstanding at the moment, it’ll get changed and all those puritanical clowns will be putting down five or six 15 dollar tall boys before blacking out in the 3rd quarter. 

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Posted

Dumb question…. If this can happen to a public university like Utah because of brain dead board decisions, what’s preventing it from happening to Texas? 

Posted
1 minute ago, B00M said:

Dumb question…. If this can happen to a public university like Utah because of brain dead board decisions, what’s preventing it from happening to Texas? 

Texas is obscenely profitable and has no need for a deal like this? 

Posted
1 minute ago, immamac said:

Texas is obscenely profitable and has no need for a deal like this? 

And hopefully you have smart people running your university and on your BOR.

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Posted
2 minutes ago, immamac said:

Texas is obscenely profitable and has no need for a deal like this? 

Have you met the people making decisions? They have an insatiable appetite for money. It will eventually happen at Texas. The number offered will be astronomical when it does. 

Posted
5 minutes ago, B00M said:

Dumb question…. If this can happen to a public university like Utah because of brain dead board decisions, what’s preventing it from happening to Texas? 

UTIMCO for one thanks to Tom Hicks, may he RIP.

Posted
Just now, UpperWestside said:

Have you met the people making decisions? They have an insatiable appetite for money. It will eventually happen at Texas. The number offered will be astronomical when it does. 

It in no world makes any sense for either side. PE does well when there's something wrong and/or someone needs the money. 

Texas athletics or the University do not need money and are running arguably better than any other university already. There is no advantage to it under any circumstance and if some PE firm wants to light money on fire and pay 100B for the Texas brand which is over 10x the value of the current highest sports franchise on planet earth, Texas would simply refuse because they have nothing to spend 100B on. 

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Posted
7 minutes ago, immamac said:

Texas is obscenely profitable and has no need for a deal like this? 

Have you ever met a rich person that didn't desire to be more rich?

The University of Texas Longhorns Teslas coming soon!

 

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Posted
4 minutes ago, immamac said:

It in no world makes any sense for either side. PE does well when there's something wrong and/or someone needs the money. 

Texas athletics or the University do not need money and are running arguably better than any other university already. There is no advantage to it under any circumstance and if some PE firm wants to light money on fire and pay 100B for the Texas brand which is over 10x the value of the current highest sports franchise on planet earth, Texas would simply refuse because they have nothing to spend 100B on. 

None of that matters. More money is more money. People who base their entire worth on having more of it, even at a school like Texas, will take it. This is just some simple human psychology and how greed will inevitably lead to Texas doing this. It won’t be right now or even in the near future, but as sure as the sun rises everyday it’ll happen. Aggy is the one I am eagerly waiting on with this. They’ll take the money and try to make the Tackle Box seat 200,000 fans.

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Posted

Aggy would take a PE deal in a heart beat then brag about it making them the richest program in the universe. Although UT would still be worth 3x their value, they wont ever fucking shut up about it.

Stupid sips dont know how tp do a business like us ags! Derp, mmm, slurp, furk.

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