DawgNBama
the Rush Limbaugh of CSNBBS
Posts: 8,409
Joined: Sep 2002
Reputation: 456
I Root For: conservativism/MAGA
Location: US
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RE: Sports Business Journal: FOX and B1G have deal in place
(06-14-2022 11:44 PM)Wedge Wrote: (06-14-2022 11:13 PM)DawgNBama Wrote: (06-13-2022 10:41 PM)Frank the Tank Wrote: (06-13-2022 10:29 PM)DawgNBama Wrote: (06-13-2022 09:26 PM)stpnum4 Wrote: The Rams coming back to LA hurts USC football so much. LA a pro sports town and the NFL is 10 time more popular than college. The LA Coliseum is not a great fan experience compared to the Rose Bowl. It's downwright spartan compared to SoFi Stadium. Lincoln Riley will have to win BIG to recapture the market share USC used to have in LA. The celebirties that used to grace the sidelines are hanging out at SoFi now. It's hard to fly coach once you're used to first class.
On paper USC should dominate the Pac 12 and west coast football. For whatever reason, they've really struggled to put together complete seasons regardless who is coaching. LA is basically Las Vegas and NIL is turning some of these top recuits into rock stars. I'm not sure even Lincoln Riley will be able to solve the issues that have been plaguing the school. It makes the job Pete Carroll did even more impressive in retrospect.
No doubt it does hurt USC, but the Rams owner is definitely in the hole when it comes to $$'s. The amount of money he put out on that was obscene!!! Is there a way that USC can get the city of Los Angeles to upgrade the LA Coliseum?? I know that it is ancient, but it definitely has some charm to it, IMO. Regardless, sounds like it could use some upgrades. Maybe do like what Stanford did with their stadium, and bury some of it.
I think Stan Kroenke is going to be more than fine even after building that Rams stadium. The guy is worth nearly $11 billion and his wife is worth almost as much as part of the Walton (Walmart founder) family.
Not only did Kroenke fork out a little over $3 billion (estimated) for the stadium, but the city of St. Louis sued him in federal court as well, and Kroenke was forced to pay. It will be awhile before he recoups that money, IMO. As for his wife, yes, she is a Walton, but a lot of Walmart's policies have me wondering just how solvent they really are. (Let's just say that I might have inside info on Walmart).
IIRC, the NFL paid the settlement for the St. Louis lawsuit, and SoFi Stadium was financed, not paid for in cash. And the company that owns his sports franchises has a ginormous amount of equity because his NFL, NBA, NHL, and Premier League teams are each worth far more than he paid for them. He may not be a great guy, but he isn't hurting for money.
Okay , I no longer feel sorry for him!!! I was just thinking that if I had the same amount of $$'s Kroenke has, I would at least want to save some of it to pass on to my child when I pass on. Starting to think more like a parent, lol!!!
(06-15-2022 12:40 AM)SoCalBobcat78 Wrote: (06-14-2022 11:44 PM)DawgNBama Wrote: (06-13-2022 10:47 PM)Transic_nyc Wrote: (06-13-2022 07:44 PM)Attackcoog Wrote: Here's the thing---whats going to pay the participating schools more---the present Pac12 with some Big-12 schools----or adding the top members of the Pac-12 to the Big-10. If its the latter---then the Pac12 left-overs wont be in a position to raid the Big12. It would more likely be the Big12 mulling the addition of couple of the more eastern members of the Pac12---like Colorado, Arizona, Arizona St, or Utah.
It's quite possible that IF there's going to be a partial merger between the Big Ten and Pac-12 that Nebraska might insist on bringing Colorado along. Colorado and Arizona would be a good bridge to the Pacific. In any case, there would still be value among the remnants there that the Big 12 could rebuild around.
(06-13-2022 10:29 PM)DawgNBama Wrote: (06-13-2022 09:26 PM)stpnum4 Wrote: The Rams coming back to LA hurts USC football so much. LA a pro sports town and the NFL is 10 time more popular than college. The LA Coliseum is not a great fan experience compared to the Rose Bowl. It's downwright spartan compared to SoFi Stadium. Lincoln Riley will have to win BIG to recapture the market share USC used to have in LA. The celebirties that used to grace the sidelines are hanging out at SoFi now. It's hard to fly coach once you're used to first class.
On paper USC should dominate the Pac 12 and west coast football. For whatever reason, they've really struggled to put together complete seasons regardless who is coaching. LA is basically Las Vegas and NIL is turning some of these top recuits into rock stars. I'm not sure even Lincoln Riley will be able to solve the issues that have been plaguing the school. It makes the job Pete Carroll did even more impressive in retrospect.
No doubt it does hurt USC, but the Rams owner is definitely in the hole when it comes to $$'s. The amount of money he put out on that was obscene!!! Is there a way that USC can get the city of Los Angeles to upgrade the LA Coliseum?? I know that it is ancient, but it definitely has some charm to it, IMO. Regardless, sounds like it could use some upgrades. Maybe do like what Stanford did with their stadium, and bury some of it.
USC has spent considerable money to renovate it. Also, remember that it's going to be used in the 2028 Summer Olympics.
https://www.popularmechanics.com/technol...enovation/
That was an awesome article, Transic!!!! After reading it, I can safely say that the LA Coliseum is not the problem. Maybe the issue for USC is a need for more donors to step up and find a coach who coach USC like Pete Carroll did???
Also for Transic or stpnum4, what are the chances that the city of Los Angeles would ever build light rail or a subway that could service areas like USC and the LA Coliseum, so that fans and celebrities would want to go there just like they go to Rams games, or at least remove the excuse that USC and the LA Coliseum are on the bad side of town from the list.
The EXPO Line, a light rail line, will take you to the Coliseum. The Subway line is going to extend to Westwood (UCLA) by 2027 in time for the Olympics.
The problem at USC has been leadership and they have finally solved it. They brought in a new Chairmen of the Board, who hired a new President, who hired a new Athletic Director, who in turn hired Lincoln Riley. In 2013, USC took over the management of the LA Coliseum, with a lease that runs through 2111. The inept LA Coliseum Commission had run the Coliseum for years and managed to lost two NFL teams and UCLA. USC spent $315 million on the LA Coliseum renovation, tore down the Sports Arena and replaced it with the Galen Center for basketball, right across the street from the campus. The Sports Arena property was replaced with the Banc of California Stadium, a 22,000 seat state-of-the-art soccer stadium for LAFC. They sub-lease the site from the university. Really smart moves.
For years, USC hired ex-players with no previous athletic administration experience to run the department. That changed with the hiring of Mike Bohn as the USC AD. USC is loaded with money and they just needed a real AD to clean up the department. USC football is currently ranked 4th in the nation in the ESPN way-too-early polls. They are going to be tough to beat in the future. Fans and celebrities will be there.
Very good to hear!!! While I am not a fan of USC, I have always regarded them as an SEC team in the PAC-12. Good to hear that UCLA will have subway access in future, so the future of college football bodes well for LA. IMO, both UCLA and USC should have no problems outdrawing the Chargers. The other team that they have to contend with besides the Rams is Raiders, again IMHO.
(This post was last modified: 06-15-2022 02:14 AM by DawgNBama.)
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