Bucks owner bidding to buy a couple college football teams

[Sean Miller Fan]

This is all just not-for-profit college athletics still. Maybe we can get Mark Cuban to buy Pitt football?

Lasry: Some colleges will start 'selling their teams' if bidding was to take place

Avenue Capital Group Chair, CEO & co-founder Marc Lasry spoke on bidding for college sports teams and said it is 'phenomenal opportunity, and I think what you’re gonna see is you’re gonna see a number of schools selling their teams.'

www.sportsbusinessjournal.com

 

[Upg bobcat]

Cuban is too good of a businessman to buy Pitt football. He wants to make money. To run a Pitt athletics program as a profit generating business, that means you can't pay players high enough salaries (excuse me, NIL deals) to compete with the big schools. So he would never make the investment.

 

[mlvnsmly]

This is all just not-for-profit college athletics still. Maybe we can get Mark Cuban to buy Pitt football?

Lasry: Some colleges will start 'selling their teams' if bidding was to take place

Avenue Capital Group Chair, CEO & co-founder Marc Lasry spoke on bidding for college sports teams and said it is 'phenomenal opportunity, and I think what you’re gonna see is you’re gonna see a number of schools selling their teams.'

www.sportsbusinessjournal.com

Mark Cuban backs IU

Indiana Signs Deal With NIL Company Backed by Alum Mark Cuban

The Mavericks majority owner graduated from Indiana in 1981.

www.si.com

 

[TitoBeagle]

This is all just not-for-profit college athletics still. Maybe we can get Mark Cuban to buy Pitt football?

Lasry: Some colleges will start 'selling their teams' if bidding was to take place

Avenue Capital Group Chair, CEO & co-founder Marc Lasry spoke on bidding for college sports teams and said it is 'phenomenal opportunity, and I think what you’re gonna see is you’re gonna see a number of schools selling their teams.'

www.sportsbusinessjournal.com

I hate when one of u tards mention Mark Cuban. He was at Pitt a couple of weeks. He doesn’t care nor does he know Pitt has a football team. At least say Tepper or find another 100 millionaire/Billionaire to mention.

 

[TheWerewolfFromTwilight]

I hate when one of u tards mention Mark Cuban. He was at Pitt a couple of weeks. He doesn’t care nor does he know Pitt has a football team. At least say Tepper or find another 100 millionaire/Billionaire to mention.

People will say anything just to get a jolt on a message board. However, I did hear that Oprah has legit interest in buying Pitt athletics...

 

[LeftCoastPanther]

Maybe Paul Hackett can buy Pitt football so he can again have full autonomy over play-calling and bring his jukebox back into the locker room.

 

[Pitt_Boss]

I roll the ole eyes anytime anyone mentions Cuban with anything to do with Pittsburgh. He has done zero for this city or region. He pops in once in awhile to stroke the ego and act like he’s a true yizner. But in reality he’s just a phony.

 

[BigChungus90210]

I roll the ole eyes anytime anyone mentions Cuban with anything to do with Pittsburgh. He has done zero for this city or region. He pops in once in awhile to stroke the ego and act like he’s a true yizner. But in reality he’s just a phony.

But, but, remember when he said he was gonna save The O?!

 

[Atilla Cosby]

Mark Cuban and Rachel Maddow are the same person.

When he never bought the pirates, he crapped the bed. Then the "save the o" lie was actually worse.

 

[Fk_Pitt]

This is all just not-for-profit college athletics still. Maybe we can get Mark Cuban to buy Pitt football?

Lasry: Some colleges will start 'selling their teams' if bidding was to take place

Avenue Capital Group Chair, CEO & co-founder Marc Lasry spoke on bidding for college sports teams and said it is 'phenomenal opportunity, and I think what you’re gonna see is you’re gonna see a number of schools selling their teams.'

www.sportsbusinessjournal.com

Rachel Maddow has no interest in or any connection to Pitt football.

 

[Joe the Panther Fan]

When he never bought the pirates, he crapped the bed.

You can't buy something that is not for sale.

Of course the only reason why he ever mentioned buying the Pirates was because he knew that there was no chance Nutting was going to sell. So kind of win/win for him.

 

[Sean Miller Fan]

Rachel Maddow has no interest in or any connection to Pitt football.

Maybe she can buy Stanford since she is an alum.

 

[Fk_Pitt]

Maybe she can buy Stanford since she is an alum.

That brings up an interesting point. You’d think Stanford could generate some serious NIL. But then the response would be the students don’t care about sports. And maybe that’s true but it only takes a few and I’m sure they have plenty who do. Plus…Who wins the most college cups? Stanford has to be up there I would think.

 

[Sean Miller Fan]

That brings up an interesting point. You’d think Stanford could generate some serious NIL. But then the response would be the students don’t care about sports. And maybe that’s true but it only takes a few and I’m sure they have plenty who do. Plus…Who wins the most college cups? Stanford has to be up there I would think.

I dont think Stanford or Cal have enough of those fanboy alum types who'd want to pay players. But, yea, it would only take 1 or 2 so maybe. Andrew Luck is the new GM so maybe he can get Maddow on board.

 

[Atilla Cosby]

You can't buy something that is not for sale.

Of course the only reason why he ever mentioned buying the Pirates was because he knew that there was no chance Nutting was going to sell. So kind of win/win for him.

Makes sense, I never knew if it was a serious thing or not. Him saying it just for attention is garbage. Had he offered actual money you never know.

I'm careful not to support the pirates financially as much as possible. I go to the random game but I refill my water bottle (which I buy outside for $2) at the water fountain. But seriously, nothings gonna change there. They have a guy who could potentially be one of the best pitchers of all time, and they won't try to win big. There's no way out of losing until a new owner happens somehow, someway.

 

[Conemaugh]

Rachel Maddow has no interest in or any connection to Pitt football.

I have seen these types of comparison photos before.... So who would you rather bang, the mother or the daughter?

 

[Sean Miller Fan]

I have seen these types of comparison photos before.... So who would you rather bang, the mother or the daughter?

I dont understand the hate that Mark Cuban gets. One of the few self-made billionaires. Most others used inheritances or already came from wealthy families. Cuban is a great American success story, not a fraud or con-man like so many others.

 

[Conemaugh]

I dont understand the hate that Mark Cuban gets. One of the few self-made billionaires. Most others used inheritances or already came from wealthy families. Cuban is a great American success story, not a fraud or con-man like so many others.

The hate for Cuban comes from Cuban being Cuban. And he is hardly alone by being a self made man. Most of us are.

 

[Fk_Pitt]

I dont understand the hate that Mark Cuban gets. One of the few self-made billionaires. Most others used inheritances or already came from wealthy families. Cuban is a great American success story, not a fraud or con-man like so many others.

What hate has been exhibited?

 

[Pitt_Boss]

I dont understand the hate that Mark Cuban gets. One of the few self-made billionaires. Most others used inheritances or already came from wealthy families. Cuban is a great American success story, not a fraud or con-man like so many others.

I could be off on some of these but aren't like Musk, Gates, Oprah, Zuckerberg, and many others all self-made billionaires? I think roughly 1/2 of the world's billionaires are self made, depending on how you define that.

But anyway, kudos to Mark Cuban for turning himself into a billionaire, and he is a success story like those above. However, connecting him to anything philanthropic in Pittsburgh/Western Pa is laughable. He has zero interest in using his success to help this region in any way.

 

[Joe the Panther Fan]

Makes sense, I never knew if it was a serious thing or not. Him saying it just for attention is garbage. Had he offered actual money you never know.

I'm careful not to support the pirates financially as much as possible. I go to the random game but I refill my water bottle (which I buy outside for $2) at the water fountain. But seriously, nothings gonna change there. They have a guy who could potentially be one of the best pitchers of all time, and they won't try to win big. There's no way out of losing until a new owner happens somehow, someway.

Based on some of the things he has said in the past, I always thought that Cuban would have been a lot more interested in buying the Cubs rather than the Pirates. Because he'd really like to win, and it would be a lot easier with the Cubs.

 

[Sean Miller Fan]

I could be off on some of these but aren't like Musk, Gates, Oprah, Zuckerberg, and many others all self-made billionaires? I think roughly 1/2 of the world's billionaires are self made, depending on how you define that.

But anyway, kudos to Mark Cuban for turning himself into a billionaire, and he is a success story like those above. However, connecting him to anything philanthropic in Pittsburgh/Western Pa is laughable. He has zero interest in using his success to help this region in any way.

There are certainly self-made billionaires. I guess you can count Elon as one. His dad, however, was very wealthy. He didn't inherit his dad's company or anything but the family wealth enabled him to go to Penn and to take chances as an entrepreneur with really no risk.

 

[12162022]

I have seen these types of comparison photos before.... So who would you rather bang, the mother or the daughter?

Which is the man?? Both.

 

[razzaba]

I could be off on some of these but aren't like Musk, Gates, Oprah, Zuckerberg, and many others all self-made billionaires? I think roughly 1/2 of the world's billionaires are self made, depending on how you define that.

But anyway, kudos to Mark Cuban for turning himself into a billionaire, and he is a success story like those above. However, connecting him to anything philanthropic in Pittsburgh/Western Pa is laughable. He has zero interest in using his success to help this region in any way.

Gates’ parents were both high powered influencers in Seattle. His dad was a huge attorney and founded a practice in Seattle which eventually became the behemoth K&L Gates. His mom was on several boards ranging from banks to non profits to universities. (Side note: the podcast Acquired did a tremendous 2-part episode on Microsoft. There is also a shoutout to Bill’s dad on the Starbucks episode as he was involved early on with Howard Schulz and helped him avoid an investor cutting him out with a hostile buyout)

 

[happjack]

Legally how can a public university "sell" 51% of their football team?

 

[thebadby2]

I could be off on some of these but aren't like Musk, Gates, Oprah, Zuckerberg, and many others all self-made billionaires? I think roughly 1/2 of the world's billionaires are self made, depending on how you define that.

But anyway, kudos to Mark Cuban for turning himself into a billionaire, and he is a success story like those above. However, connecting him to anything philanthropic in Pittsburgh/Western Pa is laughable. He has zero interest in using his success to help this region in any way.

Depends on how you want to define self-made. Musk and Gates were born into wealthy, privileged, powerful families. Zuck was born into money and privilege, went to Phillips-Exeter and Harvard. Oprah was born and raised poor. Cuban was a normal middle class kid. All of them get due credit for becoming enormously successful based on their own brains and ambition, but other than Oprah and Cube they were all born into massive head starts and advantages that ordinary public high school, middle class kids could never even contemplate.

I think it's safe to say that most of us come from backgrounds a lot closer to Oprah's or Cube's than to Musk's, Gates' or Zuck's. I personally tend to hav emore repsect for the billionaires who literally came from nothing over the east coast prep school, country club types.

 

[PittFanDan17]

Theres 100% market for PE in CFB. Once a team does it the floodgates will open. Wasnt f$u trying to do it a couple years back?

 

[AllegeneeGenacGenac]

Legally how can a public university "sell" 51% of their football team?

My assumption is some sort of licensing deal where the investor gets the right to use the name, logo, etc. for a certain amount of time.

 

[mike412]

Before his family moved to Mount Lebanon, Cuban lived in Squirrel Hill. His dad was a partner in a small auto upholstery company on Baum Boulevard.

My mother remembered him going door-to-door selling plastic garbage bags when he was 9 or 10 years old. This was back in the days when people lined their garbage cans with old newspapers. She said he was such a good salesman that she bought some from him and thought ‘that little boy is going to go far.’

He became a huge Indiana basketball fan after he transferred there because at that time Pitt didn’t offer an undergraduate degree in business. After graduation, he and a frat brother moved to Dallas. During BB season, they used to call the frat house and listen to games by having someone put the phone near a radio. Then, he convinced a Bloomington radio station to put the games on the internet and that was the start of Broadcast.com.

He is the epitome of self-made.

 

[Sean Miller Fan]

My assumption is some sort of licensing deal where the investor gets the right to use the name, logo, etc. for a certain amount of time.

No. Its very close to actual ownsership. They buy future revenues. We'll give you X amount now and in return, you owe us 51% of all football revenue.

 

[Upg bobcat]

Before his family moved to Mount Lebanon, Cuban lived in Squirrel Hill. His dad was a partner in a small auto upholstery company on Baum Boulevard.

My mother remembered him going door-to-door selling plastic garbage bags when he was 9 or 10 years old. This was back in the days when people lined their garbage cans with old newspapers. She said he was such a good salesman that she bought some from him and thought ‘that little boy is going to go far.’

He became a huge Indiana basketball fan after he transferred there because at that time Pitt didn’t offer an undergraduate degree in business. After graduation, he and a frat brother moved to Dallas. During BB season, they used to call the frat house and listen to games by having someone put the phone near a radio. Then, he convinced a Bloomington radio station to put the games on the internet and that was the start of Broadcast.com.

He is the epitome of self-made.

I guess things are relative ... Mt. Lebanon, probably even more so in the 80s in comparison to now, strikes me as upper middle class and provides a leg up over many other middle class communities in western PA.

But also back to everything being relative, upper middle class in western PA probably looks like lower middle class in some of the major east coast cities.

 

[Sean Miller Fan]

I guess things are relative ... Mt. Lebanon, probably even more so in the 80s in comparison to now, strikes me as upper middle class and provides a leg up over many other middle class communities in western PA.

But also back to everything being relative, upper middle class in western PA probably looks like lower middle class in some of the major east coast cities.

It is upper middle class to wealthy. However, that doesnt mean everyone living in Lebo falls into that category.

 

[Upg bobcat]

It is upper middle class to wealthy. However, that doesnt mean everyone living in Lebo falls into that category.

Right. So he didn't go to a fancy private school like Zuckerberg or had family wealth like Musk or Gates, but he went to probably one of the top, if not the top (back then especially) public schools in the region. That's definitely a leg up. I'd argue he got his start on second base in comparison to the others who got their starts on third.

 

[Sean Miller Fan]

Right. So he didn't go to a fancy private school like Zuckerberg or had family wealth like Musk or Gates, but he went to probably one of the top, if not the top (back then especially) public schools in the region. That's definitely a leg up. I'd argue he got his start on second base in comparison to the others who got their starts on third.

You can say he started on 1st or 2nd base. I dont know the whole family history but just being upper middle class doesn't compare to being handed a company or being the son of a millionaire owner of a Zambian emerald mine. Some of those guys are born rounding 3rd base heading for home. And some are literally just gifted it all so its already done. I'd say Cuban was born on 1st Base.

 

[yourhired]

Mark Lasry is the former owner of the Bucks he recently sold the team. If it was me and I was a company like Amazon I would approach a university and say we will fund your football program and your Olympic Sports provided your uniforms must have a Amazon logo and the playing fields must have Amazon logo. The incidental advertising looks on TV would be the worth of the costs. I did see that Texas Tech AD provided a list of amount of money each program will receive once the agreement is signed.

 

[Sean Miller Fan]

Mark Lasry is the former owner of the Bucks he recently sold the team. If it was me and I was a company like Amazon I would approach a university and say we will fund your football program and your Olympic Sports provided your uniforms must have a Amazon logo and the playing fields must have Amazon logo. The incidental advertising looks on TV would be the worth of the costs. I did see that Texas Tech AD provided a list of amount of money each program will receive once the agreement is signed.

Some of these teams are selling everything. I got an email from Ohio State since I bought Pitt bball tickets that you can run out with the team, stand on the sideline, and do all other types of stuff that I can't remember. The access you can buy is borderline creepy. I mean, honestly, I'd guess that they will offer students the right to dress for a game for $5000 or so. Not sure if NCAA rules would allow that though.

 

[AllegeneeGenacGenac]

No. Its very close to actual ownsership. They buy future revenues. We'll give you X amount now and in return, you owe us 51% of all football revenue.

I think they'll want more control than that, but cash today for access to future revenue is an option as well. It's still not ownership.

 

[Joe the Panther Fan]

Some of these teams are selling everything. I got an email from Ohio State since I bought Pitt bball tickets that you can run out with the team, stand on the sideline, and do all other types of stuff that I can't remember. The access you can buy is borderline creepy. I mean, honestly, I'd guess that they will offer students the right to dress for a game for $5000 or so. Not sure if NCAA rules would allow that though.

Pitt does those exact same kinds of things.