SMU to the ACC/PAC-12 discussions

[HoustonWave]

Tulane has a larger endowment than SMU, with several uber wealthy alumni. Our academic campus facilities (not athletics) are much better than SMU; I stayed right across from SMU's campus for the Cotton Bowl and got a first hand current look. These things provide all the evidence you need that can if we want to, you can't deny it.

Winwave is absolutely right, these ACC programs have nowhere to go. The SEC and Big 10 have been clear about not seeing the value (i.e. not being dilutive), where is the evidence they're bluffing. Which ACC program adds more value than their $70-80 million share of revenue from those conferences. Remember, Oregon & Wisconsin had to accept significantly reduced shares to get in. As soon as an ACC program has to do the same, leaving makes no financial sense, especially with the added revenue from 70% of Stanford, Cal & 100% of SMU's TV pot.

Our endowment is $94MM larger than SMU's. But their new $300MM commitment probably changes that.

[winwave]

Tulane has a larger endowment than SMU, with several uber wealthy alumni. Our academic campus facilities (not athletics) are much better than SMU; I stayed right across from SMU's campus for the Cotton Bowl and got a first hand current look. These things provide all the evidence you need that can if we want to, you can't deny it.

Winwave is absolutely right, these ACC programs have nowhere to go. The SEC and Big 10 have been clear about not seeing the value (i.e. not being dilutive), where is the evidence they're bluffing. Which ACC program adds more value than their $70-80 million share of revenue from those conferences. Remember, Oregon & Wisconsin had to accept significantly reduced shares to get in. As soon as an ACC program has to do the same, leaving makes no financial sense, especially with the added revenue from 70% of Stanford, Cal & 100% of SMU's TV pot.

Our endowment is $94MM larger than SMU's. But their new $300MM commitment probably changes that.

Right. They have a lot more wealthy supporters than Tulane and their rich supporters are more into sports. It's like LSU. money people they give to athletics rather than academics. On top of that Slatten came here and said Tulane doesn't have the money people that SMU has.

[tufinal4]

Why doesn't their endowment tower over ours if that's the case. We have the same level athletic program as theirs up to this moment, and the comparative endowments tell you we have the same access to wealth. We therefore absolutely can do this, we lack the institutional will.

[winwave]

Why doesn't their endowment tower over ours if that's the case. We have the same level athletic program as theirs up to this moment, and the comparative endowments tell you we have the same access to wealth. We therefore absolutely can do this, we lack the institutional will.

Slatten told you. The history tells you. They have much better facilities than Tulane and one season doesn't wipe that out. They have a lot more money for NIL. As to the endowment their donors prefer to give to athletics.

[Aberzombie1892]

SMU has the weight of the business industry and media market of Dallas behind it, and that’s without a doubt more valuable than anything Tulane could provide even if Tulane had an endowment and media market were 2-3x larger than it currently is.

[HoustonWave]

Why doesn't their endowment tower over ours if that's the case. We have the same level athletic program as theirs up to this moment, and the comparative endowments tell you we have the same access to wealth. We therefore absolutely can do this, we lack the institutional will.

Absolutely. Institutional will is a huge problem for Tulane.

[HoustonWave]

Why doesn't their endowment tower over ours if that's the case. We have the same level athletic program as theirs up to this moment, and the comparative endowments tell you we have the same access to wealth. We therefore absolutely can do this, we lack the institutional will.

After a few years as a P5, their endowment probably will tower over ours. TCU’s endowment is now well above ours—and that wasn’t the case before they got into The Club.

[tpstulane]

Just raised $100 million in 7 days.
FB and MBB players to receive $36,000 a season NIL money.
https://theathletic.com/4874607/2023/09 ... ed_article

This $100 million was raised by a small group of 30 donors, according to the school.
In addition to this money, SMU announced that men’s basketball season ticket sales have jumped 30 percent since the Sept. 1 announcement, and “hundreds” of new football season tickets have been sold as well.

SMU will be one of the smallest schools in the Power 5, with an enrollment of just over 12,000 and fewer than 8,000 undergraduates. One collective says it pays SMU football players and men’s basketball players $36,000 each.

[OUG]

Just raised $100 million in 7 days.
FB and MBB players to receive $36,000 a season NIL money.
https://theathletic.com/4874607/2023/09 ... ed_article

This $100 million was raised by a small group of 30 donors, according to the school.
In addition to this money, SMU announced that men’s basketball season ticket sales have jumped 30 percent since the Sept. 1 announcement, and “hundreds” of new football season tickets have been sold as well.

SMU will be one of the smallest schools in the Power 5, with an enrollment of just over 12,000 and fewer than 8,000 undergraduates. One collective says it pays SMU football players and men’s basketball players $36,000 each.

I’d say 99% chance this $100m in pledges is just making public the commitments made when they joined the ACC, (to cover their media revenue gap), not net new money.

Just providing some context.

[tpstulane]

Just raised $100 million in 7 days.
FB and MBB players to receive $36,000 a season NIL money.
https://theathletic.com/4874607/2023/09 ... ed_article

This $100 million was raised by a small group of 30 donors, according to the school.
In addition to this money, SMU announced that men’s basketball season ticket sales have jumped 30 percent since the Sept. 1 announcement, and “hundreds” of new football season tickets have been sold as well.

SMU will be one of the smallest schools in the Power 5, with an enrollment of just over 12,000 and fewer than 8,000 undergraduates. One collective says it pays SMU football players and men’s basketball players $36,000 each.

I’d say 99% chance this $100m in pledges is just making public the commitments made when they joined the ACC, (to cover their media revenue gap), not net new money.

Just providing some context.

No telling. But there’s about 20 National stories on it

[golfnut69]

Power Ball for Wednesday is 672 million or 375 million cash option.....if buying more that one ticket, ask that each ticket be purchased separately, not all on the same ticket...after winning, contact Tulanes NIL manager