Billionaire looking to buy college teams

[Coach34]

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Former Milwaukee Bucks owner Marc Lasry says he is actively trying to buy college football and basketball teams.<br><br>Lasry says certain colleges could sell a 51% stake in their teams at a $500M to $750M valuation and then use that money for NIL and facility upgrades.<br><br>Crazy times. <a href="https://t.co/glUempWB6S">pic.twitter.com/glUempWB6S</a></p>&mdash; Joe Pompliano (@JoePompliano) <a href="https://twitter.com/JoePompliano/status/1865184030259376526?ref_src=twsrc%5Etfw">December 6, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

[Extendedcab]

Wow, something is bad wrong with that concept of buying a college team! That will kill college sports entirely!

[Tbonewannabe]

Not sure how NIL wouldn't be a deduction. It actually should be a Marketing expense since the player should be doing something to earn it. That was the actual point of it.

Just buying players is still technically illegal.

[Really Clark?]

Not sure how NIL wouldn't be a deduction. It actually should be a Marketing expense since the player should be doing something to earn it. That was the actual point of it.

Just buying players is still technically illegal.

The point of it was never really NIL for marketing for the players to make money. That went out the window 15 minutes after it was introduced and schools started just paying players. The NCAA and courts have done nothing to stopped what everyone knew "NIL" was really. Legal Pay for play.

[Activated Alpha]

Just stay away from Jerry Jones please!!!

[Apoplectic]

do it - burn it to the ground and let?s go back to student athletes

[CaptainObvious]

Sounds like a guy who is trying to show how absurd this current model is!

[Coursesuper]

This is just 17ing awful. Throw it all away and burn it yo the ground before this shit takes over.

[Apoplectic]

when they finally burn it down then a lot of disadvantaged borderline athletes gonna fill the prisons even fuller

[Ranchdawg]

That is some serious BS! I DO NOT advocate doing this but it is just about the only way teams like ours can compete with Georgia, Bama, Texas, Ohio State, etc. To afford top shelf coaches and true SEC level players.

[coachnorm]

<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Former Milwaukee Bucks owner Marc Lasry says he is actively trying to buy college football and basketball teams.<br><br>Lasry says certain colleges could sell a 51% stake in their teams at a $500M to $750M valuation and then use that money for NIL and facility upgrades.<br><br>Crazy times. <a href="https://t.co/glUempWB6S">pic.twitter.com/glUempWB6S</a></p>? Joe Pompliano (@JoePompliano) <a href="https://twitter.com/JoePompliano/status/1865184030259376526?ref_src=twsrc%5Etfw">December 6, 2024</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

https://www.geniussports.com/

Hi 34, consider looking at State Sponsored incursion from Doha or Dubai? Remember Genius Sports primary footprint in the US is Miami and University of Miami is flashing the cash. Also consider looking at venture capitalist out of Wall St. in NYC. You might be on to something bigger than you imagined.

[Bothrops]

Wow, something is bad wrong with that concept of buying a college team! That will kill college sports entirely!

It's heading that way now, bra.

[TheLostDawg]

Sign us up while the getting is good