UofMemphis
Official MT.org Ambassador of Smack
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I Root For: Univ of Memphis
Location: Memphis (Berclair)
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RE: Hmm FedEx B12 Championship Football Game?
(05-11-2016 03:23 PM)uconnwhaler Wrote: (05-11-2016 03:02 PM)UofMemphis Wrote: "Are you telling me that it is not a good use of shareholder money to sponsor the B12 today (which must be true because they don't) but is if Memphis joins?"
yep...
How and do you justify that to a return focused investor? And sorry, gifs don't work in the real world.
so how does FedEx keep cutting Memphis 3 million dollar checks? oh yeah, you're full of salty **** and have no clue what you're talking about...but you DO realize you're about to be left at the altar yet again.
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05-11-2016 04:32 PM |
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UofMemphis
Official MT.org Ambassador of Smack
Posts: 48,827
Joined: Mar 2004
Reputation: 1135
I Root For: Univ of Memphis
Location: Memphis (Berclair)
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RE: Hmm FedEx B12 Championship Football Game?
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05-11-2016 04:34 PM |
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Wedge
Hall of Famer
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RE: Hmm FedEx B12 Championship Football Game?
(05-11-2016 02:27 PM)Latilleon Wrote: (05-11-2016 10:31 AM)Wedge Wrote: If they were serious about helping Memphis get into the Big12, then the FedEx guy would become the T. Boone Pickens of Memphis and splash enough cash on their athletic department to get their athletic budget up to Ok State's level. That would get it done. Not just offering to be a title sponsor of a CCG, given that (as pointed out above) many companies would be willing to do that.
FedEx Institute of Technology
FedExPark
Why do you think the Memphis Tigers play in FedExForum instead of just staying in their own, upgraded stadium, The Pyramid?
The Memphis athletic department needs much more money than what you're linking to there.
The FedEx guy is worth $4 billion? Great. Someone give him a call. Keep calling. Tell Mr. FedEx that Boone Pickens has donated $265 million to Oklahoma State athletics (and more than twice as much to the university for academic purposes).
TCU boosters raised a total of over $100 million after they started their big push, look where it got them, and look where their annual athletic budget is: $80 million/year in 2014-15. Memphis is at $41 million for that same year, according to the same source, http://ope.ed.gov/athletics/ . TCU received $14 million in Big12 revenue that year (partial share because they were phased in), so probably about $10 million more than Memphis got from the AAC. That still means Memphis athletics would need almost $30 million/year more to close that gap to TCU, and TCU is not even one of the biggest spenders in the Big12 (their budget is 6th highest out of 10).
So someone at Memphis needs to call Mr. FedEx and tell him and his friends that the Memphis athletic department needs much larger checks if it's going to get into the Big 12 and compete well there, and that offering to sponsor a conference championship game is not nearly enough.
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05-11-2016 04:34 PM |
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UofMemphis
Official MT.org Ambassador of Smack
Posts: 48,827
Joined: Mar 2004
Reputation: 1135
I Root For: Univ of Memphis
Location: Memphis (Berclair)
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RE: Hmm FedEx B12 Championship Football Game?
(05-11-2016 04:34 PM)Wedge Wrote: (05-11-2016 02:27 PM)Latilleon Wrote: (05-11-2016 10:31 AM)Wedge Wrote: If they were serious about helping Memphis get into the Big12, then the FedEx guy would become the T. Boone Pickens of Memphis and splash enough cash on their athletic department to get their athletic budget up to Ok State's level. That would get it done. Not just offering to be a title sponsor of a CCG, given that (as pointed out above) many companies would be willing to do that.
FedEx Institute of Technology
FedExPark
Why do you think the Memphis Tigers play in FedExForum instead of just staying in their own, upgraded stadium, The Pyramid?
The Memphis athletic department needs much more money than what you're linking to there.
The FedEx guy is worth $4 billion? Great. Someone give him a call. Keep calling. Tell Mr. FedEx that Boone Pickens has donated $265 million to Oklahoma State athletics (and more than twice as much to the university for academic purposes).
TCU boosters raised a total of over $100 million after they started their big push, look where it got them, and look where their annual athletic budget is: $80 million/year in 2014-15. Memphis is at $41 million for that same year, according to the same source, http://ope.ed.gov/athletics/ . TCU received $14 million in Big12 revenue that year (partial share because they were phased in), so probably about $10 million more than Memphis got from the AAC. That still means Memphis athletics would need almost $30 million/year more to close that gap to TCU, and TCU is not even one of the biggest spenders in the Big12 (their budget is 6th highest out of 10).
So someone at Memphis needs to call Mr. FedEx and tell him and his friends that the Memphis athletic department needs much larger checks if it's going to get into the Big 12 and compete well there, and that offering to sponsor a conference championship game is not nearly enough.
we're not competing with OSU or TCU for a Big XII spot...so point?
(This post was last modified: 05-11-2016 04:39 PM by UofMemphis.)
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05-11-2016 04:37 PM |
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uconnwhaler
Special Teams
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Reputation: 47
I Root For: uconn
Location: Hartford, CT
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RE: Hmm FedEx B12 Championship Football Game?
(05-11-2016 04:32 PM)UofMemphis Wrote: (05-11-2016 03:23 PM)uconnwhaler Wrote: (05-11-2016 03:02 PM)UofMemphis Wrote: "Are you telling me that it is not a good use of shareholder money to sponsor the B12 today (which must be true because they don't) but is if Memphis joins?"
yep...
How and do you justify that to a return focused investor? And sorry, gifs don't work in the real world.
so how does FedEx keep cutting Memphis 3 million dollar checks? oh yeah, you're full of salty **** and have no clue what you're talking about...but you DO realize you're about to be left at the altar yet again.
Says the school that spent 15 years begging to get into the Big East.
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05-11-2016 04:37 PM |
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UofMemphis
Official MT.org Ambassador of Smack
Posts: 48,827
Joined: Mar 2004
Reputation: 1135
I Root For: Univ of Memphis
Location: Memphis (Berclair)
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RE: Hmm FedEx B12 Championship Football Game?
(05-11-2016 04:37 PM)uconnwhaler Wrote: (05-11-2016 04:32 PM)UofMemphis Wrote: (05-11-2016 03:23 PM)uconnwhaler Wrote: (05-11-2016 03:02 PM)UofMemphis Wrote: "Are you telling me that it is not a good use of shareholder money to sponsor the B12 today (which must be true because they don't) but is if Memphis joins?"
yep...
How and do you justify that to a return focused investor? And sorry, gifs don't work in the real world.
so how does FedEx keep cutting Memphis 3 million dollar checks? oh yeah, you're full of salty **** and have no clue what you're talking about...but you DO realize you're about to be left at the altar yet again.
Says the school that spent 15 years begging to get into the Big East.
says the school no P5 will touch with a 10 foot pole...
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05-11-2016 04:38 PM |
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SuperFlyBCat
Banned
Posts: 49,583
Joined: Mar 2005
I Root For: America and UC
Location: Cincinnati
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RE: Hmm FedEx B12 Championship Football Game?
(05-11-2016 04:38 PM)UofMemphis Wrote: (05-11-2016 04:37 PM)uconnwhaler Wrote: (05-11-2016 04:32 PM)UofMemphis Wrote: (05-11-2016 03:23 PM)uconnwhaler Wrote: (05-11-2016 03:02 PM)UofMemphis Wrote: "Are you telling me that it is not a good use of shareholder money to sponsor the B12 today (which must be true because they don't) but is if Memphis joins?"
yep...
How and do you justify that to a return focused investor? And sorry, gifs don't work in the real world.
so how does FedEx keep cutting Memphis 3 million dollar checks? oh yeah, you're full of salty **** and have no clue what you're talking about...but you DO realize you're about to be left at the altar yet again.
Says the school that spent 15 years begging to get into the Big East.
says the school no P5 will touch with a 10 foot pole...
UMemphis I am surprised by your excitement of the evil capitalist buy in scheme. I though you would have preferred The Karl Marx Big 12 Championship game @Comrade Stadium.
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05-11-2016 04:53 PM |
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Carolina Stang
1st String
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RE: Hmm FedEx B12 Championship Football Game?
man, P5 expansion truly brings out the WORST in some of you people.
have a little humility - or at least some class.
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05-11-2016 05:12 PM |
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cotton1991
Heisman
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I Root For: Memphis
Location: MasonCity North Iowa
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RE: Hmm FedEx B12 Championship Football Game?
(05-11-2016 03:23 PM)uconnwhaler Wrote: How and do you justify that to a return focused investor? And sorry, gifs don't work in the real world.
You come across as someone who thinks he's more knowledgeable about the corporate world than the FedEx management--shareholder suits! return focused investors!--someone better call the CEO pronto and let him in on this heretofore unknown knowledge. You don't think this has ever occurred to them before and they have no handle on it? Seriously?
It's actually corporate law 101, but if you think your knowledge is somehow unique and FedEx has no clue how the corporation shouldn't be doing this, you should call them asap.
Or better yet, buy a share and go to the shareholders meeting.
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05-11-2016 05:13 PM |
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Wedge
Hall of Famer
Posts: 19,862
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RE: Hmm FedEx B12 Championship Football Game?
(05-11-2016 04:37 PM)UofMemphis Wrote: (05-11-2016 04:34 PM)Wedge Wrote: (05-11-2016 02:27 PM)Latilleon Wrote: (05-11-2016 10:31 AM)Wedge Wrote: If they were serious about helping Memphis get into the Big12, then the FedEx guy would become the T. Boone Pickens of Memphis and splash enough cash on their athletic department to get their athletic budget up to Ok State's level. That would get it done. Not just offering to be a title sponsor of a CCG, given that (as pointed out above) many companies would be willing to do that.
FedEx Institute of Technology
FedExPark
Why do you think the Memphis Tigers play in FedExForum instead of just staying in their own, upgraded stadium, The Pyramid?
The Memphis athletic department needs much more money than what you're linking to there.
The FedEx guy is worth $4 billion? Great. Someone give him a call. Keep calling. Tell Mr. FedEx that Boone Pickens has donated $265 million to Oklahoma State athletics (and more than twice as much to the university for academic purposes).
TCU boosters raised a total of over $100 million after they started their big push, look where it got them, and look where their annual athletic budget is: $80 million/year in 2014-15. Memphis is at $41 million for that same year, according to the same source, http://ope.ed.gov/athletics/ . TCU received $14 million in Big12 revenue that year (partial share because they were phased in), so probably about $10 million more than Memphis got from the AAC. That still means Memphis athletics would need almost $30 million/year more to close that gap to TCU, and TCU is not even one of the biggest spenders in the Big12 (their budget is 6th highest out of 10).
So someone at Memphis needs to call Mr. FedEx and tell him and his friends that the Memphis athletic department needs much larger checks if it's going to get into the Big 12 and compete well there, and that offering to sponsor a conference championship game is not nearly enough.
we're not competing with OSU or TCU for a Big XII spot...so point?
You want to be competing with them. The Big 12 wants programs that will have the money to be competitive with its current members.
When the Pac-10 was exploring expansion in 2010, Larry Scott asked the Utah president and AD this question: "What are your plans for raising money and increasing your athletic budget to a Pac-10 level?"
Any school asking for the opportunity to join the Big 12 ought to have a very strong answer to that question. Having the most credible and convincing answer to that question might be the deciding factor.
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05-11-2016 05:33 PM |
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domer1978
All American
Posts: 3,469
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I Root For: Notre Dame/Chaos
Location: California/Georgia
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RE: Hmm FedEx B12 Championship Football Game?
(05-11-2016 05:33 PM)Wedge Wrote: (05-11-2016 04:37 PM)UofMemphis Wrote: (05-11-2016 04:34 PM)Wedge Wrote: (05-11-2016 02:27 PM)Latilleon Wrote: (05-11-2016 10:31 AM)Wedge Wrote: If they were serious about helping Memphis get into the Big12, then the FedEx guy would become the T. Boone Pickens of Memphis and splash enough cash on their athletic department to get their athletic budget up to Ok State's level. That would get it done. Not just offering to be a title sponsor of a CCG, given that (as pointed out above) many companies would be willing to do that.
FedEx Institute of Technology
FedExPark
Why do you think the Memphis Tigers play in FedExForum instead of just staying in their own, upgraded stadium, The Pyramid?
The Memphis athletic department needs much more money than what you're linking to there.
The FedEx guy is worth $4 billion? Great. Someone give him a call. Keep calling. Tell Mr. FedEx that Boone Pickens has donated $265 million to Oklahoma State athletics (and more than twice as much to the university for academic purposes).
TCU boosters raised a total of over $100 million after they started their big push, look where it got them, and look where their annual athletic budget is: $80 million/year in 2014-15. Memphis is at $41 million for that same year, according to the same source, http://ope.ed.gov/athletics/ . TCU received $14 million in Big12 revenue that year (partial share because they were phased in), so probably about $10 million more than Memphis got from the AAC. That still means Memphis athletics would need almost $30 million/year more to close that gap to TCU, and TCU is not even one of the biggest spenders in the Big12 (their budget is 6th highest out of 10).
So someone at Memphis needs to call Mr. FedEx and tell him and his friends that the Memphis athletic department needs much larger checks if it's going to get into the Big 12 and compete well there, and that offering to sponsor a conference championship game is not nearly enough.
we're not competing with OSU or TCU for a Big XII spot...so point?
You want to be competing with them. The Big 12 wants programs that will have the money to be competitive with its current members.
When the Pac-10 was exploring expansion in 2010, Larry Scott asked the Utah president and AD this question: "What are your plans for raising money and increasing your athletic budget to a Pac-10 level?"
Any school asking for the opportunity to join the Big 12 ought to have a very strong answer to that question. Having the most credible and convincing answer to that question might be the deciding factor.
UConn has a bake sale planned I think. Will that work?
J/K UConn fans
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05-11-2016 05:37 PM |
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