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Post by flyfishinbeav on Aug 9, 2023 12:39:22 GMT -8
I know theres the NIL collectives.....Diamond Club....Dam Nation.....Fundraising initiatives like the Reser one, etc......
But how do we really wake up Beaver Nation to not just sit back and accept this? Money talks......is there movement already? I'm thinking I can be a sustaining donor.....cut back on beer.....it's a win win
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Post by speakthetruth on Aug 9, 2023 12:41:45 GMT -8
I've said before I will say again. There are going to be lawsuits.
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Post by flyfishinbeav on Aug 9, 2023 13:53:30 GMT -8
I've said before I will say again. There are going to be lawsuits. Oh I'm sure there are soooooo many lawyers making piles of cash from this.....and will continue to. |
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Post by Judge Smails on Aug 9, 2023 14:08:15 GMT -8
I've said before I will say again. There are going to be lawsuits. For what? Anyone was free to leave the conference after this year. |
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Post by rgeorge on Aug 9, 2023 14:22:07 GMT -8
I've said before I will say again. There are going to be lawsuits. For what? Anyone was free to leave the conference after this year. Only legal action that could have any meaning would come from Salem... in OSU's case. But, then that would counter their own move a decade ago that allowed Oregon to decide its own fate. |
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Post by drunkandstoopidbeav on Aug 9, 2023 14:25:45 GMT -8
If there were a way to go after the USC President for sabotaging conference expansion 2 years ago while secretly negotiating an exit, that'd be nice. UCLA, maybe? Otherwise, most everything else was kind of a known possibility.
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Post by Henry Skrimshander on Aug 9, 2023 14:41:48 GMT -8
Have to find a way to use some of the "damages and expenses" money we will get from the Pac-12 to start an endowment and not be used on annual institutional expenses.
Maybe one year we play all three OOC's at home and designate one as an endowment game, that all game revenue after expenses goes into that fund. Do this with every sport. Football would obviously generate more, but every bit would help.
I know ADs in the past have been reluctant to have a 7-game home schedule because of the cost of a season ticket. But we're not in position to make half-assed moves now.
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Post by obf on Aug 10, 2023 8:05:33 GMT -8
Have to find a way to use some of the "damages and expenses" money we will get from the Pac-12 to start an endowment and not be used on annual institutional expenses. Maybe one year we play all three OOC's at home and designate one as an endowment game, that all game revenue after expenses goes into that fund. Do this with every sport. Football would obviously generate more, but every bit would help. I know ADs in the past have been reluctant to have a 7-game home schedule because of the cost of a season ticket. But we're not in position to make half-assed moves now. Several years ago OSU did a 1 Billion dollar fund raising push, not related to athletics. The OSU alumni and community blew it out of the water, raised more than a billion and beat the deadline, IIRC. A billion dollar Athletic endowment fund with a conservative 3% income target would give the Athletic department 30 million bucks a year... EXACTLY the amount the *ucks are getting from the B1G.... We could go to a conference, or just be independent  Money isn't REALLY the issue. Heck the founder of NVIDIA could probably donate half of the endowment himself  We just need the will to get it done. Now, while folks are upset, is the time, the iron is HOT! Barnes should be announcing the "Build the DAM endowment" campaign NOW! |
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Post by flyfishinbeav on Aug 10, 2023 8:30:18 GMT -8
Have to find a way to use some of the "damages and expenses" money we will get from the Pac-12 to start an endowment and not be used on annual institutional expenses. Maybe one year we play all three OOC's at home and designate one as an endowment game, that all game revenue after expenses goes into that fund. Do this with every sport. Football would obviously generate more, but every bit would help. I know ADs in the past have been reluctant to have a 7-game home schedule because of the cost of a season ticket. But we're not in position to make half-assed moves now. Several years ago OSU did a 1 Billion dollar fund raising push, not related to athletics. The OSU alumni and community blew it out of the water, raised more than a billion and beat the deadline, IIRC. A billion dollar Athletic endowment fund with a conservative 3% income target would give the Athletic department 30 million bucks a year... EXACTLY the amount the *ucks are getting from the B1G.... We could go to a conference, or just be independent Money isn't REALLY the issue. Heck the founder of NVIDIA could probably donate half of the endowment himself We just need the will to get it done. Now, while folks are upset, is the time, the iron is HOT! Barnes should be announcing the "Build the DAM endowment" campaign NOW! I don't think Huang cares about sports......he's very passionate about engineering. But maybe the injustice to Olympic sports student athletes will pull on his heart strings?? Im with you on the endowment. Now is the time while we are all feeling gut punched. Barnes needs to mobilize Beaver Nation. |
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Post by rgeorge on Aug 10, 2023 10:40:03 GMT -8
Have to find a way to use some of the "damages and expenses" money we will get from the Pac-12 to start an endowment and not be used on annual institutional expenses. Maybe one year we play all three OOC's at home and designate one as an endowment game, that all game revenue after expenses goes into that fund. Do this with every sport. Football would obviously generate more, but every bit would help. I know ADs in the past have been reluctant to have a 7-game home schedule because of the cost of a season ticket. But we're not in position to make half-assed moves now. Several years ago OSU did a 1 Billion dollar fund raising push, not related to athletics. The OSU alumni and community blew it out of the water, raised more than a billion and beat the deadline, IIRC. A billion dollar Athletic endowment fund with a conservative 3% income target would give the Athletic department 30 million bucks a year... EXACTLY the amount the *ucks are getting from the B1G.... We could go to a conference, or just be independent Money isn't REALLY the issue. Heck the founder of NVIDIA could probably donate half of the endowment himself We just need the will to get it done. Now, while folks are upset, is the time, the iron is HOT! Barnes should be announcing the "Build the DAM endowment" campaign NOW! Grand idea, but... University endowment donors are far different and far more prevalent than athletic donors. People forget the vast majority of students and alums aren't D1 athletes, do not attend games, and are not into athletics as a whole. Hard for us fanatics on this board to understand, but... Couple that with the new campaign, "Believe It: The Campaign for Oregon State University", they just initiated last October to add to the initial funds the the $1 billion (goal being $1.75 billion last I saw), and the $91+ million donated to Reser it might be tough to get anywhere near that for just athletics. I mean it is a mid boggling number unless you get a number of huge donations. I mean if every person who tuned in to watch a typical Beaver football game last season donated $1000 you'd have raised about $650 million. The last I saw, the above campaign had over 1100 people donate $100,000+ each, with several over $1 million. OSU can't sell the new seats at Reser, let alone raise $1 billion for just athletics. Unless one of us won the $1.5+ billion Mega Millions??? Were any of you in FL at a Publix recently? |
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Post by Henry Skrimshander on Aug 10, 2023 10:45:32 GMT -8
CDs are at 5.2% right now. So even $200 million gets you $10.4 million right now. That puts a pretty serious dent in the revenue shortfall as a start, and while it's substantial it's not an overly ambitious target.
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Post by korculabeav on Aug 10, 2023 11:47:08 GMT -8
Unless legal counsel for OSU and other relevant parties determines there was a significant breach of some legal agreement, law, promissory estoppel or other binding doc/agreement, any litigation is going to be a mega uphill battle with little chance for a beneficial outcome that exceeds legal/attorney's fees, OSU resources and potential PR backlash.
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Post by grayman on Aug 10, 2023 11:53:04 GMT -8
Several years ago OSU did a 1 Billion dollar fund raising push, not related to athletics. The OSU alumni and community blew it out of the water, raised more than a billion and beat the deadline, IIRC. A billion dollar Athletic endowment fund with a conservative 3% income target would give the Athletic department 30 million bucks a year... EXACTLY the amount the *ucks are getting from the B1G.... We could go to a conference, or just be independent Money isn't REALLY the issue. Heck the founder of NVIDIA could probably donate half of the endowment himself We just need the will to get it done. Now, while folks are upset, is the time, the iron is HOT! Barnes should be announcing the "Build the DAM endowment" campaign NOW! I don't think Huang cares about sports......he's very passionate about engineering. But maybe the injustice to Olympic sports student athletes will pull on his heart strings?? Im with you on the endowment. Now is the time while we are all feeling gut punched. Barnes needs to mobilize Beaver Nation. I've read that Huang's money is mostly tied up and that would need to change for him to even be able to make a game-changing commitment (if he was so inclined). |
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Post by Henry Skrimshander on Aug 10, 2023 12:27:09 GMT -8
I've said before I will say again. There are going to be lawsuits. For what? Anyone was free to leave the conference after this year. I don't think there is any question Fox conspired with the Big Ten and Big 12 to kill off the Pac-12 Conference. Proving that is another kettle of fish. But sometimes you don't have to prove it. Sometimes you just have to make the guy you're suing think you can prove it and make them see it's easier to settle than take a chance with a jury. If that settlement is full and equal membership in the Big 12, I'd take that. There will be plenty of excellent antitrust attorneys who see the payout from a settlement that could be in the hundreds of millions, when actual and punitive damages are figures as reason to represent us and Wazzu. |
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Post by fishwrapper on Aug 10, 2023 13:30:17 GMT -8
Aug 10, 2023 9:05:33 GMT -7 obf said: Several years ago OSU did a 1 Billion dollar fund raising push, not related to athletics. The OSU alumni and community blew it out of the water, raised more than a billion and beat the deadline, IIRC.----- You do not recall correctly. I mean, I hate to be that annoying guy who gets picky about the details - but in this case, being "that guy" helps me make your point even stronger than you did. What you got wrong: OSU's first-ever campaign was not a $1B fund raising push. No, The Campaign for OSU, which was launched in 2007 as the university's first comprehensive fundraising campaign, had a target goal of but a mere pittance: $625 million. The fact that it concluded in 2014 at over $1.1 billion (you recall correctly!) shows that the OSU community stepped up to donate almost twice as much as was asked. It was an eye-opening moment for many who had, until that time, severely underestimated the will and ability of the OSU alumni community to commit to great things. The campaign truly changed things - starting with attitudes - and set the stage for many things to come and are still coming, not the least of which are PRAx and the upcoming CIC.
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Money isn't REALLY the issue. Heck the founder of NVIDIA could probably donate half of the endowment himself 
We just need the will to get it done. Now, while folks are upset, is the time, the iron is HOT!
