'26 WF Transfer DL Mateen Ibirogna (TTU)

#86
#86
LittleVol said:
Jerry Rice Missippis Valley State

Terrell Owen’s Chatttanooga

Steve McNair Alcorn State
Click to expand...
Maxx Crosby-Eastern Washington
Walter Payton-Jackson State
Michael Strahan-Texas Southern
Aeneas Williams-Southern
Mel Blount-Southern
Too Tall Jones and Richard Dent-Tennessee State
Jared Allen-Idaho State
Rich Gannon and Joe Flacco-Delaware
Phil Simms-Morehead State
Deacon Jones-Mississippi Valley State

Plus many many others.
 
  • Like
Reactions: Ratvol
#92
#92
PlanetVolunteer said:
Apparently we don't :(

Was listening to the Ainge show this morning and Brian Rice said one of our billionaire alumni doesn't give anymore money than he spends on season tickets.

And Erik knows big boosters who aren't that willing to keep shelling out cash. Especially to those that keep asking for more.

Which has me thinking, this NIL thing is new...Will the same people be shelling out millions of dollars a year for a decade plus? I mean, unless youre a billionaire, it's a ridiculous expense over a long period of time.
Click to expand...
Rich people didn't get rich from throwing money down the toilet. Rich people usually want something in return for their investment.

What do rich boosters have to gain from their donations? I don't believe it's tax deductible anymore, I know NIL isn't unless it's deemed a legitimate business expense. If you look at the known, mega rich boosters, what do they gain by donating millions of dollars toward the athletic programs at UT?

You have Charlie Ergen. He does spend money at UT by placing Dish Network stuff all over the facilities. It's been reported he does little to nothing as far as donations. He could use UT athletes in ad campaigns but I haven't seen it.

The Haslem family doesn't own pilot any longer. What could they do to utilize legitimate NIL opportunities with UT athletes? Advertise the Browns?

You've got Min Kao. Are UT football players going to be the face of Garmin? Did Min Kao even attend a UT sporting event? 😅

My point is, other than just gifting millions of dollars to the UTAD, there are very limited opportunities for mega donors to see any return on investment.
 
  • Like
Reactions: Orange Navy, OptimusPrimerib, INDEFENSE and 8 others
#94
#94
InVOLuntary said:
Rich people didn't get rich from throwing money down the toilet. Rich people usually want something in return for their investment.

What do rich boosters have to gain from their donations? I don't believe it's tax deductible anymore, I know NIL isn't unless it's deemed a legitimate business expense. If you look at the known, mega rich boosters, what do they gain by donating millions of dollars toward the athletic programs at UT?

You have Charlie Ergen. He does spend money at UT by placing Dish Network stuff all over the facilities. It's been reported he does little to nothing as far as donations. He could use UT athletes in ad campaigns but I haven't seen it.

The Haslem family doesn't own pilot any longer. What could they do to utilize legitimate NIL opportunities with UT athletes? Advertise the Browns?

You've got Min Kao. Are UT football players going to be the face of Garmin? Did Min Kao even attend a UT sporting event? 😅

My point is, other than just gifting millions of dollars to the UTAD, there are very limited opportunities for mega donors to see any return on investment.
Click to expand...
Egos
 
#95
#95
Orangeburst said:
Egos
Click to expand...
Yeah, I think that could come into play. I still think mega rich people are tight when it comes to their money. I deal with wealthy people all the time. Not billionaires but millionaires several times over. I had one guy who flew into select a $5000 granite piece on his private jet that he told me cost $5000/hr to operate. So he spent $10K to look at a $5K piece of granite that he already owned in a vacation cabin, and he had photos. The same guy sent me used draperies he wanted me to use on his new boat that my seamstress said were thread bare.

I had another that sent me vanity mirrors that he wanted me to use and credit him for the mirrors we make that coat $50 (wood frame and glass). The mirrors he sent were back lit so power had to be ran and the install was much more difficult. He couldn't understand why the the two didn't wash out. Different mindset with those folks.
 
  • Like
Reactions: OptimusPrimerib, tnhunter 10, Sandman Vol and 2 others
#98
#98
InVOLuntary said:
Yeah, I think that could come into play. I still think mega rich people are tight when it comes to their money. I deal with wealthy people all the time. Not billionaires but millionaires several times over. I had one guy who flew into select a $5000 granite piece on his private jet that he told me cost $5000/hr to operate. So he spent $10K to look at a $5K piece of granite that he already owned in a vacation cabin, and he had photos. The same guy sent me used draperies he wanted me to use on his new boat that my seamstress said were thread bare.

I had another that sent me vanity mirrors that he wanted me to use and credit him for the mirrors we make that coat $50 (wood frame and glass). The mirrors he sent were back lit so power had to be ran and the install was much more difficult. He couldn't understand why the the two didn't wash out. Different mindset with those folks.
Click to expand...
You never know exactly how much wealth someone has, or where it came from, and how long it will last: All our experiences and visual/social perspectives are simply tips of the iceberg most of the time, and many of those icebergs are more like ice cubes in most cases (think “keeping up with the joneses”)… If there is any significant wealth, statistics say the majority of these situations see that wealth gone within 3 generations…

Take from that what you will.

I wouldn’t put much stock into someone’s frivolous spending or what it means in regards to their riches or rich people in general.

And this (as someone who works directly with peoples’ wealth on a day to day basis):

1. I have never known someone to have lost their wealth that consistently saved more than they spent of what they made working/investing. Cardinal rule #1: live beneath your means.
2. I have never known someone to have lost their wealth that had a “truly” diversified balance sheet and portfolio (in addition to abiding to #1).
 
New Posts
You must log in or register to reply here.

Advertisement



Back
Top