Gonna borrow $100M per year for 13 years? How do you pay that back?
You still need the money to compete in the new conference so you have to have the revenue. And now you need additional revenue to service the debt. Its a non starter
Thread Replies (21)
Our best move is probably to cling to the GoR and make bank off defectors.
-- Maroon Effect
Jul 10, 2022 at 07:54 PM ET
Maroon Effect
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07/10/22 07:54 PM ET
The money goes to the ACC. Gotta stay to collect.**
-- hokieZ71
Jul 11, 2022 at 11:07 AM ET
hokieZ71
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07/11/22 11:07 AM ET
True. But tv revenue gap will make haves (sec) and have nots of acc worse
-- 3TechFanz
Jul 11, 2022 at 09:10 AM ET
3TechFanz
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07/11/22 09:10 AM ET
I think it takes a long time to make the GOR $ thought, right?**
-- MrBayAreaHokie
Jul 11, 2022 at 09:06 AM ET
MrBayAreaHokie
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07/11/22 09:06 AM ET
What if there is no "bank" to be had?
-- El Paso Hokie
Jul 11, 2022 at 12:43 AM ET
El Paso Hokie
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07/11/22 12:43 AM ET
They aren’t paying the ACC $35 million a year.
-- hokieZ71
Jul 11, 2022 at 11:14 AM ET
hokieZ71
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07/11/22 11:14 AM ET
The "defectors" athletic departments would be bankrupted. How can they
-- 133743Hokie
Jul 11, 2022 at 06:25 AM ET
133743Hokie
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07/11/22 06:25 AM ET
As I explained two days ago (Link)
-- El Paso Hokie
Jul 11, 2022 at 09:05 AM ET
El Paso Hokie
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07/11/22 09:05 AM ET
Gonna borrow $100M per year for 13 years? How do you pay that back?
◄
-- 133743Hokie
Jul 11, 2022 at 09:14 AM ET
133743Hokie
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07/11/22 09:14 AM ET
Borrow $35M/year to cover what they currently live with
-- El Paso Hokie
Jul 11, 2022 at 09:50 AM ET
El Paso Hokie
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07/11/22 09:50 AM ET
How do they compete in the new conference? Doormat status for 23 years
-- 133743Hokie
Jul 11, 2022 at 10:03 AM ET
133743Hokie
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07/11/22 10:03 AM ET
Probably could finance that with high interest bonds**
-- MrBayAreaHokie
Jul 11, 2022 at 09:08 AM ET
MrBayAreaHokie
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07/11/22 09:08 AM ET
Where would the money come from to pay off the bonds? **
-- 133743Hokie
Jul 11, 2022 at 10:04 AM ET
133743Hokie
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07/11/22 10:04 AM ET
eventually the GORred conf gets their cash flow back
-- MrBayAreaHokie
Jul 11, 2022 at 10:10 AM ET
MrBayAreaHokie
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07/11/22 10:10 AM ET
So you aren't going to pay on the bonds for 13 years? Then at that point
-- 133743Hokie
Jul 11, 2022 at 11:19 AM ET
133743Hokie
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07/11/22 11:19 AM ET
So will those schools receive zero media payments for over a decade?
-- EDGEMAN
Jul 11, 2022 at 06:18 AM ET
EDGEMAN
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07/11/22 06:18 AM ET