MUScoop

MUScoop => Hangin' at the Al => Topic started by: Aughnanure on February 05, 2013, 09:58:47 AM

Title: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Aughnanure on February 05, 2013, 09:58:47 AM
http://m.espn.go.com/general/blogs/blogpost?blogname=collegebasketballnation&i=TWT&id=74915&w=1cl26&wjb

2. Villanova coach Jay Wright said on the podcast that the toughest part of the potential Big East seven split is not knowing what the nonconference schedule will be like for the next two seasons. The Wildcats have traditionally played Temple in the Big Five as a nonconference game. Unless the seven somehow leave early next season, the two teams will play a conference game or two against each other. But Wright said he's not sure, so the schedule will still be an unknown in February -- whereas in years past it would have been done already. Villanova knows who its six other conference members will be, but the seven will likely bump to 10 whenever it forms a new league. The top two choices will be Xavier and Butler out of the A-10. Questions remain about the third. The seven is likely going to stay private, and not necessarily Catholic. The question will be does the league go south or further west? Don't be surprised if Georgetown influences the decision and tries to get Richmond -- a scholarly school that has a decent hoop tradition and is geographically close enough to the others.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: 🏀 on February 05, 2013, 10:20:25 AM
ABD.

Anyone but Dayton.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: ShannonSmith on February 05, 2013, 10:24:06 AM
I thought 12 was more likely than 10? Was Hoping Creighton would get an invite.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Aughnanure on February 05, 2013, 10:28:16 AM
If its ten I would be surprised if St. Louis wasn't #10. Richmond is a major sleeper though. Leaving out Creighton would be disappointing.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Ellenson Guerrero on February 05, 2013, 10:28:46 AM
This waiting game is rough. I was hoping we'd at least have an announcement about the membership by this point.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: 🏀 on February 05, 2013, 10:29:29 AM
This waiting game is rough. I was hoping we'd at least have an announcement about the membership by this point.

Gotta wait til Tourney Time.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: MU82 on February 05, 2013, 10:46:34 AM
Assuming ND and Gonzaga are not in the mix, Creighton would be my top choice. Solid program for many years, private school and a similar mission to many others in the league.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: chapman on February 05, 2013, 10:47:49 AM
If it's 10, not sure how you don't go Creighton.  If 12, get SLU and Richmond too.   
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: nathanziarek on February 05, 2013, 11:04:51 AM
10 doesn't seem like enough game inventory to justify the supposed $500m media offer. It's been quiet as of late. Even if totally fabricated, someone needs to start some new rumors :)
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: dwaderoy2004 on February 05, 2013, 11:09:25 AM
Richmond or SLU as the 10th would be a mistake.  Gotta go big early and legitimize the conference.  Creighton is the way to go.  Richmond and SLU can be added later, as they certainly do have potential in the future.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Abode4life on February 05, 2013, 11:12:51 AM
I'd love if we could get Notre Dame to come back.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Avenue Commons on February 05, 2013, 11:15:10 AM
I'd love if we could get Notre Dame to come back.
Patience, young Jedi.........
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Chili on February 05, 2013, 11:18:09 AM
I have heard it's going to be 10 to start with eye to 12. The powers at be want to see how the whole conference shuffle goes with the ACC and such. I have heard Creighton is the inside school but it's not decided yet. X and Butler are in.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Aughnanure on February 05, 2013, 11:22:54 AM
I'd love if we could get Notre Dame to come back.

That's the dream scenario.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: GGGG on February 05, 2013, 11:26:47 AM
Last night I had a dream I boinked the Direct TV Genie lady.  I think my dream is more likely to become reality than ND joining this conference.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: honkytonk on February 05, 2013, 11:35:18 AM
What's so important (or great) about having ND in the conference? An OOC game here and there is plenty enough for me. It's not like they are an annual contender...
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Tugg Speedman on February 05, 2013, 11:38:34 AM
Last night I had a dream I boinked the Direct TV Genie lady.  I think my dream is more likely to become reality than ND joining this conference.

Maybe not, how much money do you have?

http://answers.yahoo.com/question/index?qid=20130112183425AAHW6S9

Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Tugg Speedman on February 05, 2013, 11:39:39 AM
What's so important (or great) about having ND in the conference? An OOC game here and there is plenty enough for me. It's not like they are an annual contender...

Having them (opposed to not) will raise the amount of TV revenue the conference will make.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Skatastrophy on February 05, 2013, 11:43:05 AM
What's so important (or great) about having ND in the conference? An OOC game here and there is plenty enough for me. It's not like they are an annual contender...

Just like Georgetown, they have name recognition and an active alumni base.  That would really solidify Chicago for us.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Benny B on February 05, 2013, 11:45:40 AM
Last night I had a dream I boinked the Direct TV Genie lady.  I think my dream is more likely to become reality than ND joining this conference.

The ACC is about one defection away from your dream going from "not a chance" to "hey, wait a second."  If you're married, you might want to start perusing the divorce lawyer listings in the yellow pages.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: RideMyBuycks on February 05, 2013, 11:47:33 AM
Maybe not, how much money do you have?

http://answers.yahoo.com/question/index?qid=20130112183425AAHW6S9



She is exactly one day older than I am. Destiny.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Lennys Tap on February 05, 2013, 11:51:18 AM
Last night I had a dream I boinked the Direct TV Genie lady. 

PM Chicos. He can make it happen.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: brewcity77 on February 05, 2013, 11:51:56 AM
Maybe not, how much money do you have?

http://answers.yahoo.com/question/index?qid=20130112183425AAHW6S9



Huh. I leave for St. Thomas a week from today.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: 79Warrior on February 05, 2013, 12:26:45 PM
I'd love if we could get Notre Dame to come back.

It's snowing in Maui
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: MountainCreek19 on February 05, 2013, 12:40:01 PM
Huh. I leave for St. Thomas a week from today.

Sorry fellas, that is some steep competition.  He's a bi-racial angel.

http://bleacherreport.com/articles/1501564-derek-jeters-model-girlfriend-hannah-davis-is-your-direct-tv-genie
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: brewcity77 on February 05, 2013, 12:42:18 PM
Sorry fellas, that is some steep competition.

Damn straight it is! No woman can resist the firefighter!  8-)

He's a bi-racial angel.

Oh...you weren't talking about me. D'oh!  :'(
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: GGGG on February 05, 2013, 01:37:18 PM
The ACC is about one defection away from your dream going from "not a chance" to "hey, wait a second."  If you're married, you might want to start perusing the divorce lawyer listings in the yellow pages.


Bullsh*t.  The ACC could lose six schools, which they won't, and it would still be a more attractive placement for ND.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Windyplayer on February 05, 2013, 01:54:49 PM
Solid program for many years, private school and a similar mission to many others in the league.
To win?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Benny B on February 05, 2013, 02:09:45 PM

Bullsh*t.  The ACC could lose six schools, which they won't, and it would still be a more attractive placement for ND.

ND jumped to the ACC because it wanted a stable home for its O-sports.  I'd like to hear the argument as to why the C7 would be less attractive than the ACC on that front today.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: GGGG on February 05, 2013, 02:17:14 PM
ND jumped to the ACC because it wanted a stable home for its O-sports.  I'd like to hear the argument as to why the C7 would be less attractive than the ACC on that front today.


Actually ND jumped to the ACC for two reasons...one was a stable home for O sports.  The other was to help with its football scheduling and bowl invitations.  Believe it or not, ND has had trouble as an independent on both accounts and semi-affiliating themselves with a conference helps them in that regard.

Now that being said, if the ACC lost UNC, NC State, UVa, VPI, Clemson and Florida State, it would still be left with the following 8 schools:  BC, Syracuse, Louisville, Duke, Wake, Georgia Tech, Pitt and Miami.

I think that revamped ACC would be...

...better for UND for Olympic Sports than the C7, and
...would give them the support on the football side they need
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Aughnanure on February 05, 2013, 02:37:20 PM

Actually ND jumped to the ACC for two reasons...one was a stable home for O sports.  The other was to help with its football scheduling and bowl invitations.  Believe it or not, ND has had trouble as an independent on both accounts and semi-affiliating themselves with a conference helps them in that regard.

Now that being said, if the ACC lost UNC, NC State, UVa, VPI, Clemson and Florida State, it would still be left with the following 8 schools:  BC, Syracuse, Louisville, Duke, Wake, Georgia Tech, Pitt and Miami.

I think that revamped ACC would be...

...better for UND for Olympic Sports than the C7, and
...would give them the support on the football side they need

I think the bowl thing is the least of their concerns. They're Notre Dame. Other independents have created affiliations with bowls before but ND just hasnt had to in a while b/c of the Big East. So the ACC offered better bowl tie-ins.

But I still think their ability to compete in the future playoff system and staying independent is #1. That gets harder if suddenly you have to play 5-6 games a year against bad ACC football teams that aren't well-respected by the media.

I don;t see a scenario where the ACC loses only 6 schools though (i.e., as in if they've already lost 6 I think they're losing more). The Big 12 has some ground to make up and would be taking all the southern football schools available along with whatever is left to get to 16 (its not like there will be a better opportunity to poach teams of this quality).

So to me, if we're just assuming B1G and the SEC will be staying at 16:
-4 schools to the SEC and B1G (UNC, NC State, Va Tech, UVA)
-6 schools to the Big XII (Fla St, Clemson, Miami, Ga Tech, Duke, Pittsburgh)
-4 schools left in the ACC (BC, Cuse, Wake Forest, Louisville)
-ACC adds 6 schools to survive (UConn, Temple, Memphis, Cincy, South Florida, Central Florida)

Is that league attractive to ND? That's where it starts to get interesting. But I don't see a scenario where the ACC gets ripped apart and the Big 12 only takes 2 schools.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: honkytonk on February 05, 2013, 02:44:26 PM
What's so great about the B12? If FSU and Miami are so interested in joining, why havent they yet? Is it because an overwhelming number of teams in the B12 are so unattractive? Is it because playing third fiddle behind Texas and Okie sucks? The GoR has yet to be challanged and quite frankly, Im not sure anyone even knows the language of the terms anyways.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Aughnanure on February 05, 2013, 02:45:10 PM
^$50 million buyout.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: honkytonk on February 05, 2013, 02:46:22 PM
^$50 million buyout.

I think they could have left before that was ever put in place.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: GGGG on February 05, 2013, 02:54:07 PM
And the fact that the B12 is petitioning the NCAA for a championship game despite only having 10 teams means that they cannot find a suitable partner to accept their invitation.

I actually would be real surprised if we see any major movement anytime soon.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Aughnanure on February 05, 2013, 03:07:35 PM
I think they could have left before that was ever put in place.

That's revisionist history at a time when the ACC was still intact. You think Fla St and Clemson are going to prefer the ACC if UNC, NC State, VA Tech and UVA are gone?

The Big 12 may be getting the scraps after the SEC and B1G have their fill, but they're getting all the scraps they want.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Aughnanure on February 05, 2013, 03:09:42 PM
And the fact that the B12 is petitioning the NCAA for a championship game despite only having 10 teams means that they cannot find a suitable partner to accept their invitation.

I actually would be real surprised if we see any major movement anytime soon.

And they won't get it. They can't find a suitable partner because the flood gates are still up. Everything will have to wait for what comes of Maryland's exit fees.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: keefe on February 05, 2013, 03:49:00 PM

Actually ND jumped to the ACC for two reasons...one was a stable home for O sports.  The other was to help with its football scheduling and bowl invitations.  Believe it or not, ND has had trouble as an independent on both accounts and semi-affiliating themselves with a conference helps them in that regard.

Now that being said, if the ACC lost UNC, NC State, UVa, VPI, Clemson and Florida State, it would still be left with the following 8 schools:  BC, Syracuse, Louisville, Duke, Wake, Georgia Tech, Pitt and Miami.

I think that revamped ACC would be...

...better for UND for Olympic Sports than the C7, and
...would give them the support on the football side they need

I agree that affiliation gives stability for their football program but I think the ACC loses the 6 schools you mention plus Duke, GIT, The U and maybe one other. B1G grabs two, SEC grabs 2, and Big 12 needs to take 6; 4 doesn't work for a number of reasons. That means they bring in UConn, Cinn, Memphis, et al and you have Conference USA Football. No way will the sons of Teddy Hesburgh accept that. ND is likely waiting to see how things shake out with the ACC, just like everyone else.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Benny B on February 05, 2013, 04:54:33 PM
Actually ND jumped to the ACC for two reasons...one was a stable home for O sports.  The other was to help with its football scheduling and bowl invitations. 

Question: In what world is having to play more ACC football teams and participate in ACC-affiliated bowl games a benefit to ND football?
Answer: In the world where ND can put lipstick on a turd and sell it to the general public.

The ACC gave ND a home for its O-sports in exchange for ND agreeing to schedule a minimum number of ACC teams annually.  This wasn't a win-win for everyone... it was a compromise ND made because having stability for its O-sports was worth the price of ND being forced to play FBS bottom-feeders in the ACC on an annual basis.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: honkytonk on February 05, 2013, 05:07:45 PM
  This wasn't a win-win for everyone... it was a compromise ND made because having stability for its O-sports was worth the price of ND being forced to play FBS bottom-feeders in the ACC on an annual basis.


ND has deals in place with Pitt, BC, SU and Wake. To roll up all of those games into the ACC deal was a no-brainer.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: tower912 on February 05, 2013, 05:15:02 PM
Why Richmond and not VCU?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: mileskishnish72 on February 05, 2013, 05:17:08 PM
After seeing that, I hate Jeter even more (Bosox fan).
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Dawson Rental on February 05, 2013, 05:30:12 PM
http://m.espn.go.com/general/blogs/blogpost?blogname=collegebasketballnation&i=TWT&id=74915&w=1cl26&wjb

2. Villanova coach Jay Wright said on the podcast that the toughest part of the potential Big East seven split is not knowing what the nonconference schedule will be like for the next two seasons. The Wildcats have traditionally played Temple in the Big Five as a nonconference game. Unless the seven somehow leave early next season, the two teams will play a conference game or two against each other. But Wright said he's not sure, so the schedule will still be an unknown in February -- whereas in years past it would have been done already. Villanova knows who its six other conference members will be, but the seven will likely bump to 10 whenever it forms a new league. The top two choices will be Xavier and Butler out of the A-10. Questions remain about the third. The seven is likely going to stay private, and not necessarily Catholic. The question will be does the league go south or further west? Don't be surprised if Georgetown influences the decision and tries to get Richmond -- a scholarly school that has a decent hoop tradition and is geographically close enough to the others.

And let us not forget, Richmond has a FCS football team just like Georgetown.

Why Richmond and not VCU?

See above, and Richmond is also a private school that wouldn't subject the league to Freedom of Information Act requests.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Avenue Commons on February 05, 2013, 05:52:25 PM
The pro-VCU crowd would go ballistic if Richmond was included over VCU.

Richmond's profile seems more consistent with the C7 and Butler. I concede VCU is a better program, btw.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: JerryWizig on February 05, 2013, 06:17:18 PM
I think the bowl thing is the least of their concerns. They're Notre Dame. Other independents have created affiliations with bowls before but ND just hasnt had to in a while b/c of the Big East. So the ACC offered better bowl tie-ins.

The bowl tie-in means everything. If Notre Dame was 9-3 last year instead of 12-0, know where they would have wound up? The Belk Bowl. Seriously.

And it's going to be even more important with the changing landscape of the college football playoffs and whatever it is that replaces the BCS. Notre Dame now has a way into those secondary games for the years it goes 11-1 or 10-2 whereas it'd probably be shut out.

The bowl thing was the reason Notre Dame made the switch. NO WAY will they ever go anywhere else unless that conference can offer the same thing.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: honkytonk on February 05, 2013, 06:54:14 PM

But I still think their ability to compete in the future playoff system and staying independent is #1. That gets harder if suddenly you have to play 5-6 games a year against bad ACC football teams that aren't well-respected by the media.


Some of ND's future opponents:
2014 - Rice, Temple, Northwestern, ASU, Navy, SU, Pitt
Im guessing they will cancel 3 of Rice/Temple/NU/ASU. They will replace those games with 3 opponents from the ACC. Its hard to pick any 3 ACC teams and NOT improve their schedule.

2015 - UMass, SU, Pitt, BC, Wake
All they need to do is add one ACC game since all the other games were already scheduled. Had their agreement with the ACC been in place before they signed a deal with UMass, they would have upgraded their schedule. Its not hard to improve an opponent like UMass.

2016 - Miami, Pitt, SU, BC
All of these games were scheduled prior to the ACC deal so all they need to do is add one more...which isnt tough because they have open dates.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: GGGG on February 05, 2013, 07:30:52 PM
Question: In what world is having to play more ACC football teams and participate in ACC-affiliated bowl games a benefit to ND football?
Answer: In the world where ND can put lipstick on a turd and sell it to the general public.

The ACC gave ND a home for its O-sports in exchange for ND agreeing to schedule a minimum number of ACC teams annually.  This wasn't a win-win for everyone... it was a compromise ND made because having stability for its O-sports was worth the price of ND being forced to play FBS bottom-feeders in the ACC on an annual basis.


They made the same agreement with the Big East because they needed some help with scheduling and wanted access to better bowl tie-ins. 

Regardless, the ACC minus 6 that I detailed is still a better option than the C7.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: chapman on February 05, 2013, 07:42:23 PM
The pro-VCU crowd would go ballistic if Richmond was included over VCU.

Richmond's profile seems more consistent with the C7 and Butler. I concede VCU is a better program, btw.

Oh for sure.  I think the biggest thing is just what we saw last week: a bunch of details on C7 split negotiations unearthed through a public records request at USF.  A league that already has at least one public school doesn't really make the distinction for prospective members, but with all privates it could be a barrier to entry.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: ChicosBailBonds on February 05, 2013, 08:07:12 PM
Last night I had a dream I boinked the Direct TV Genie lady.  I think my dream is more likely to become reality than ND joining this conference.

Hannah Davis...she was in our celebrity beach bowl game on Saturday.  Very nice young lady.  "Dating Jeter" currently and will be in the SI swimsuit edition.    

(http://static02.mediaite.com/gossipcop/uploads/gallery/celebrity-beach-bowl-2013/160545669_8.jpg)

(http://wac.450f.edgecastcdn.net/80450F/starcrush.com/files/2013/02/mcphee.jpg)

Erin Andrews, Chrissy Teigen, etc...not a bad way to spend the afternoon.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Windyplayer on February 05, 2013, 08:51:40 PM
Hannah Davis...she was in our celebrity beach bowl game on Saturday.  Very nice young lady.  "Dating Jeter" currently and will be in the SI swimsuit edition.    

(http://static02.mediaite.com/gossipcop/uploads/gallery/celebrity-beach-bowl-2013/160545669_8.jpg)

(http://wac.450f.edgecastcdn.net/80450F/starcrush.com/files/2013/02/mcphee.jpg)

Erin Andrews, Chrissy Teigen, etc...not a bad way to spend the afternoon.
Of course.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: 4everwarriors on February 05, 2013, 08:59:07 PM
Do we have the approval of BeeJay?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Avenue Commons on February 05, 2013, 09:27:35 PM
Oh for sure.  I think the biggest thing is just what we saw last week: a bunch of details on C7 split negotiations unearthed through a public records request at USF.  A league that already has at least one public school doesn't really make the distinction for prospective members, but with all privates it could be a barrier to entry.

I previously thought that the FOIA issue that a public institution VCU would bring would not be that big of an issue, but if all things are more or less equal, it could tip a decision I suppose.

But I don't think anyone in their right mind would turn down Michigan or North Carolina or UCLA or Indiana, etc. just because they are a state school and subject to FOIA.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: LON on February 05, 2013, 09:45:51 PM
Do we have the approval of BeeJay?


Her butt fuzzies aren't coarse enough.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: 🏀 on February 05, 2013, 09:45:59 PM
I previously thought that the FOIA issue that a public institution VCU would bring would not be that big of an issue, but if all things are more or less equal, it could tip a decision I suppose.

But I don't think anyone in their right mind would turn down Michigan or North Carolina or UCLA or Indiana, etc. just because they are a state school and subject to FOIA.

I think it actually adds a lot to the equation. You're not turning down blue bloods because of it, but they aren't starting a conference with blue bloods.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: chapman on February 05, 2013, 09:46:43 PM
I think it actually adds a lot to the equation. You're not turning down blue bloods because of it, but they aren't starting a conference with blue bloods.

Yep, confidentiality has value.  But not quite that much value.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Aughnanure on February 05, 2013, 09:54:04 PM
The bowl tie-in means everything. If Notre Dame was 9-3 last year instead of 12-0, know where they would have wound up? The Belk Bowl. Seriously.

And it's going to be even more important with the changing landscape of the college football playoffs and whatever it is that replaces the BCS. Notre Dame now has a way into those secondary games for the years it goes 11-1 or 10-2 whereas it'd probably be shut out.

The bowl thing was the reason Notre Dame made the switch. NO WAY will they ever go anywhere else unless that conference can offer the same thing.

Well you're also looking at it from the BCS era that made most of all the good bowls you know into part of the BCS format. Not sure how that works moving forward. But Notre Dame has always gotten into good bowls and they always will. The bowls want Notre Dame more than any other team.

I think they'll figure it out and be just fine....especially when they don't have to share any of the money they get from it.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Norm on February 05, 2013, 10:09:54 PM
I'd prefer VCU over Richmond, but would not lose sleep over it. In fact, I want Creighton before either of them. In order of preference:

1. Xavier
2. Butler
3. Creighton
4. VCU
5. St. Louis
6. Richmond
7. Dayton

If you stopped at 12 teams with Xavier, Butler, Creighton, VCU and St. Louis, you'd also have the top men's soccer conference in the country on day one.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Avenue Commons on February 05, 2013, 10:24:35 PM
I think it actually adds a lot to the equation. You're not turning down blue bloods because of it, but they aren't starting a conference with blue bloods.

Of course. My point was just that there is a "FOIA Continuum." On one end you have schools (blue bloods) worth the minor hassle of FOIA. On the other end you have schools that are barely attractive and FOIA exposure could tip the scales against them. A VCU is probably in the middle.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: honkytonk on February 05, 2013, 10:36:29 PM
But Notre Dame has always gotten into good bowls and they always will. The bowls want Notre Dame more than any other team.

There are so many things wrong with this statement under the playoff format.

Btw, in another thread you mentioned that ND has a deal with Michigan through 2017. Its not 2017....its 2031. And the game wont even be played in 2017...or 2016...or 2015. ND cancelled all three by exercising a 3 year opt-out clause in the contract. There will be more cancellations in the future as well.

Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: 🏀 on February 05, 2013, 10:38:25 PM
Of course. My point was just that there is a "FOIA Continuum." On one end you have schools (blue bloods) worth the minor hassle of FOIA. On the other end you have schools that are barely attractive and FOIA exposure could tip the scales against them. A VCU is probably in the middle.

I think when you're discussing revenues of a overwhelming majority catholic institution, they strive for as much secrecy as possible.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: keefe on February 05, 2013, 10:48:02 PM
Last night I had a dream I boinked the Direct TV Genie lady. 

What did she think about your mother's basement?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Aughnanure on February 05, 2013, 10:51:20 PM
There are so many things wrong with this statement under the playoff format.

Btw, in another thread you mentioned that ND has a deal with Michigan through 2017. Its not 2017....its 2031. And the game wont even be played in 2017...or 2016...or 2015. ND cancelled all three by exercising a 3 year opt-out clause in the contract. There will be more cancellations in the future as well.


I stand corrected, had not read they went further than the two-year hiatus. Still, I don't see Notre Dame will be able to find their games too many problems finding games. Joining a conference is more important for their Olympic sports imo. I'll believe it when I see that Notre Dame struggles to schedule quality opponents.

What is it about the playoff system that changes it?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: mr.MUskie on February 05, 2013, 11:18:45 PM
Her butt fuzzies aren't coarse enough.


That is one extreme closeup.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: ChicosBailBonds on February 05, 2013, 11:30:13 PM
This one was fun, also.

(http://i49.tinypic.com/4sdy1l.jpg)
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: tominsalem on February 06, 2013, 06:21:01 AM
ABD.

Anyone but Dayton.


St. John's is pushing very hard for Dayton.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Dawson Rental on February 06, 2013, 08:11:00 AM

St. John's is pushing very hard for Dayton.

Do you know why?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Coleman on February 06, 2013, 09:09:33 AM
Going back to the original post of this thread...

Why exactly does Georgetown want another team in the Virginia area? I realize its not the exact same market but wouldn't this trample on their turf?

Isn't the idea to have a conference that covers lots of different metros and TV markets to get maximum influence?

This would make me think Creighton would be a much better pick. Someone correct me if I am way off here.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Benny B on February 06, 2013, 09:11:37 AM
This one was fun, also.

(http://i49.tinypic.com/4sdy1l.jpg)

How did your wife feel about those female-somethings groping you?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: tominsalem on February 06, 2013, 09:25:10 AM
Do you know why?


Presidents are very good friends.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: mu-rara on February 06, 2013, 11:31:55 AM
I agree that affiliation gives stability for their football program but I think the ACC loses the 6 schools you mention plus Duke, GIT, The U and maybe one other. B1G grabs two, SEC grabs 2, and Big 12 needs to take 6; 4 doesn't work for a number of reasons. That means they bring in UConn, Cinn, Memphis, et al and you have Conference USA Football. No way will the sons of Teddy Hesburgh accept that. ND is likely waiting to see how things shake out with the ACC, just like everyone else.
Don't they usually ref the MU / ND games?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: honkytonk on February 06, 2013, 11:43:02 AM
Going back to the original post of this thread...

Why exactly does Georgetown want another team in the Virginia area? I realize its not the exact same market but wouldn't this trample on their turf?

Isn't the idea to have a conference that covers lots of different metros and TV markets to get maximum influence?

This would make me think Creighton would be a much better pick. Someone correct me if I am way off here.

So GU wants a regional conference mate and the other C6 should go along with it?  ::)  Georgetown would have a great rivalry in multiple sports if they wanted to play Maryland...but they dont despite UM's best efforts. Now, with the GU-SU rivalry ending, JTIII (from what I have read) is the only one that doesnt care if it continues. So that's two teams that could give them great games for their programs and fans and they dont want to play them. But they want Richmond? They should go pound sand.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Dr. Blackheart on February 06, 2013, 12:18:40 PM
Richmond has a better fit of non-basketball sports like baseball, swimming, lacrosse, and field hockey with Gtown and others in the B7+...let alone the regional balance between east and west on travel and time zones.  VCU is not bad either....but Richmond offers a bit more and keeps the Private School focus.

http://www.richmondspiders.com/
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: GGGG on February 06, 2013, 12:21:31 PM
So GU wants a regional conference mate and the other C6 should go along with it?  ::)  Georgetown would have a great rivalry in multiple sports if they wanted to play Maryland...but they dont despite UM's best efforts. Now, with the GU-SU rivalry ending, JTIII (from what I have read) is the only one that doesnt care if it continues. So that's two teams that could give them great games for their programs and fans and they dont want to play them. But they want Richmond? They should go pound sand.


Calm down dude....they have a right to lobby for who they want to lobby for.  It's not like they are threatening to quit the C7 or anything.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Dr. Blackheart on February 06, 2013, 12:30:20 PM
Richmond also has a football team at the same level as GTown, Nova, Dayton, etc. I might add in the CAA...seems like a more logical choice, and hoops has been pretty strong as well over time.  Mooney is a great coach.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Litehouse on February 06, 2013, 12:36:20 PM
Richmond also has a football team at the same level as GTown, Nova, Dayton, etc. I might add in the CAA...seems like a more logical choice, and hoops has been pretty strong as well over time.  Mooney is a great coach.

If we thought the Big East was making conference decisions based on bad football, this would take that to a whole new level.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Pakuni on February 06, 2013, 12:43:00 PM
If we thought the Big East was making conference decisions based on bad football, this would take that to a whole new level.

I think the point may be that for at least a portion of the new C7, Richmond is a school with which they have more in common than other options like Creighton, St. Louis or Dayton.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Avenue Commons on February 06, 2013, 12:45:27 PM
If we thought the Big East was making conference decisions based on bad football, this would take that to a whole new level.
I hope to see Richmond added just to watch the VCU hypes loose their crap.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: dwaderoy2004 on February 06, 2013, 01:17:38 PM
I hope to see Richmond added just to watch the VCU hypes loose their crap.

I would certainly lose my crap.  Especially if they were the 10th team added in a 10 team conference.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Avenue Commons on February 06, 2013, 02:31:04 PM
I would certainly lose my crap.  Especially if they were the 10th team added in a 10 team conference.
I didn't type "crap." That was auto correct for a different word that rhymes with snit.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: 🏀 on February 06, 2013, 04:36:47 PM
Is Ben Simon still at Richmond? It's worth it if he is.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: MUFlutieEffect on February 06, 2013, 07:04:48 PM
I know I'm in the minority here, but I really like the idea of picking up some academically-notable schools.  Richmond would definitely help on that front.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: brinsler on February 06, 2013, 09:08:51 PM
I know I'm in the minority here, but I really like the idea of picking up some academically-notable schools.  Richmond would definitely help on that front.

Are Princeton and Penn in play? They would buff up our academic prestige resume.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: honkytonk on February 06, 2013, 09:10:27 PM
Maybe we can start a research consortium, too? 
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: lab_warrior on February 06, 2013, 09:11:57 PM
Are Princeton and Penn in play? They would buff up our academic prestige resume.


I'd like to focus on the best conference for basketball, not NSF or NIH grants.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: EnderWiggen on February 06, 2013, 11:24:05 PM

I'd like to focus on the best conference for basketball, not NSF or NIH grants.

I would guess that the two are pretty strongly correlated.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: brinsler on February 07, 2013, 03:04:23 AM
Hannah Davis...she was in our celebrity beach bowl game on Saturday.  Very nice young lady.  "Dating Jeter" currently and will be in the SI swimsuit edition.    

(http://static02.mediaite.com/gossipcop/uploads/gallery/celebrity-beach-bowl-2013/160545669_8.jpg)

(http://wac.450f.edgecastcdn.net/80450F/starcrush.com/files/2013/02/mcphee.jpg)

Erin Andrews, Chrissy Teigen, etc...not a bad way to spend the afternoon.

What does this have to do with the CYO Conference?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Mufflers on February 07, 2013, 07:48:53 AM
Lay off the white stuff, Brinsler.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Pakuni on February 07, 2013, 11:26:03 AM
I hope to see Richmond added just to watch the VCU hypes loose their crap.

That's a great reason to include a team.
The C7 also should add Drake just to piss off the pro-Creighton people.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: chapman on February 07, 2013, 11:35:59 AM
Hannah Davis...she was in our celebrity beach bowl game on Saturday.  Very nice young lady.  "Dating Jeter" currently and will be in the SI swimsuit edition.    

Another branch for the tree?

(http://www.tumblr.com/photo/1280/sportspage/266563345/1/tumblr_ku1hsfDVG91qzddo2)



I'd like to focus on the best conference for basketball, not NSF or NIH grants.

Agree.  We're in the AJCU and probably have other academic affiliations.  Athletic conference doesn't have to be one of them any more than all of the AJCU schools have to join together and form an athletic conference.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: dwaderoy2004 on February 07, 2013, 04:28:29 PM
I didn't type "crap." That was auto correct for a different word that rhymes with snit.

Well, whatever that word is, I would probably lose that, too.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: dwaderoy2004 on February 07, 2013, 04:30:02 PM
Another branch for the tree?

(http://www.tumblr.com/photo/1280/sportspage/266563345/1/tumblr_ku1hsfDVG91qzddo2)


Agree.  We're in the AJCU and probably have other academic affiliations.  Athletic conference doesn't have to be one of them any more than all of the AJCU schools have to join together and form an athletic conference.

Mariah Carey slept with Eminem?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: ChicosBailBonds on February 07, 2013, 05:07:34 PM
What does this have to do with the CYO Conference?

Go back and read the thread and you will see.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: ChicosBailBonds on February 07, 2013, 05:08:50 PM
How did your wife feel about those female-somethings groping you?

We have an understanding
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Jet915 on February 08, 2013, 07:11:48 AM
Katz with another 3 point shot about the BE7 and expansion:

1. The departing Big East 7 are still negotiating their exit from the Big East and are far from finalizing a date to withdraw (although the exit is likely for the fall of 2014). The league still needs to lock in on a television partner (Fox, according to sources, the leader in the clubhouse) and a commissioner. But a number of sources have made valid points for additional schools the Big East 7 will go after, with the consensus being Butler and Xavier to get to nine. The 10th spot has interesting candidates, and while I have heard strong Richmond arguments for that spot, the Spiders may end up being more of an 11th or 12th member if the league decides to go that far. There is a definitely a push in one key corner of the seven to add Creighton because of the Bluejays passion for hoops, their facilities and following. I continue to hear conflicting opinions about whether or not distance matters in this new league. What isn't negotiable is the 7 want/need the schools to be all in for basketball. If that's the case then considering Gonzaga isn't out. This league has to be smart about its moves, and if Creighton is in the mix it would be a wise choice.

I wonder who the one key corner is?  Marquette?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: chapman on February 08, 2013, 08:09:52 AM
I wonder who the one key corner is?  Marquette?

I wonder more who the key corner isn't.  Is Georgetown really that dumb to insist on Richmond, and St. John's on Dayton as the 10th team over Creighton?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: MUMountin on February 08, 2013, 08:27:35 AM
I'm not sure if Georgetown IS actually pushing Richmond--the way that Katz wrote the 3 point shot in the OP sounded more like he was speculating.  And, the fact that he followed it up this quickly sounds like maybe he then received some actual info that Richmond is not in the mix for #10, but more likely that Creighton is.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Eight Legger on February 08, 2013, 02:39:00 PM
Just thought I'd mention that in Richmond, we've been hearing for a year or two that if/when this all went down, Georgetown would probably push for us to be included because we are similar academically and close enough in proximity to give them a nice rival in the league. Who knows if that's true, but apparently some in the UR administration have told some folks that.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Dawson Rental on February 08, 2013, 02:51:10 PM
Just thought I'd mention that in Richmond, we've been hearing for a year or two that if/when this all went down, Georgetown would probably push for us to be included because we are similar academically and close enough in proximity to give them a nice rival in the league. Who knows if that's true, but apparently some in the UR administration have told some folks that.

Would the administration be willing to tap into some of UR's endowment to show that Richmond is "all in" for men's basketball?
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: GGGG on February 08, 2013, 02:58:13 PM
You can't just tap into an endowment.  It's not like a savings account.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: keefe on February 08, 2013, 03:07:34 PM
You can't just tap into an endowment.  It's not like a savings account.

Simple vote by their BoD I would guess. Not all that difficult.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: GGGG on February 08, 2013, 03:12:59 PM
Simple vote by their BoD I would guess. Not all that difficult.


Probably not.  Most endowments are donor restricted and *by law* its earnings can only be used for the purpose for which it was donated.  Now, a large endowment can free up resources elsewhere, but likely that has already happened.  Again, it isn't a savings account.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: GGGG on February 08, 2013, 03:17:42 PM
Let me give you an example.  If John Anderson donates $2 million to create "The John Anderson Professorship in Engineering," the annual earnings from that endowment are used to fund the salary.  Let's say its $100,000 (5%) for the sake of ease of math.  Now let's say that the University had a engineering professor on its books already for $100,000....what it can do is now reallocate that $100,000 already budgeted , and replace it with the endowment earnings.

So when you hear that "Richmond has a billion dollar endowment," all that means is that there are multitudes of these individual funds that add up to that amount.

Now, if some of these endowments are set aside for athletics...or basketball...those earnings may be used.  But that's another issue entirely.

And all of this is dictated by state law.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: keefe on February 08, 2013, 03:23:48 PM

Probably not.  Most endowments are donor restricted and *by law* its earnings can only be used for the purpose for which it was donated.  Now, a large endowment can free up resources elsewhere, but likely that has already happened.  Again, it isn't a savings account.

Aren't most restricted funds set aside and separate from the Endowment (ie funding Chairs, scholarships, Cap Ex for PPE, etc...) The Endowment is often a slush fund for the BoD to address exigencies. But you make a key point, disbursements must be from upticks in valuation and not cannibalizing principal. When investment performance falls short of opex for a specific donation the BoD, in concert with the Donor Trustee, must address the shortfall in some way which is usually prescribed in the contract.  Endowment funds can be used to fund athletic programs, especially for PPE Cap Ex.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Dawson Rental on February 08, 2013, 03:26:15 PM

Probably not.  Most endowments are donor restricted and *by law* its earnings can only be used for the purpose for which it was donated.  Now, a large endowment can free up resources elsewhere, but likely that has already happened.  Again, it isn't a savings account.

Let me give you an example.  If John Anderson donates $2 million to create "The John Anderson Professorship in Engineering," the annual earnings from that endowment are used to fund the salary.  Let's say its $100,000 (5%) for the sake of ease of math.  Now let's say that the University had a engineering professor on its books already for $100,000....what it can do is now reallocate that $100,000 already budgeted , and replace it with the endowment earnings.

So when you hear that "Richmond has a billion dollar endowment," all that means is that there are multitudes of these individual funds that add up to that amount.

Now, if some of these endowments are set aside for athletics...or basketball...those earnings may be used.  But that's another issue entirely.

And all of this is dictated by state law.

Your arguments show more knowledge of endowments than I have.  I'm largely parroting a statement made by Aughnanure here.  Aughnanure was the one who brought up Richmond's sizable endowment earlier as a plus for their inclusion.  Hopefully, he reads this and can elaborate.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: GGGG on February 08, 2013, 03:30:41 PM
Aren't most restricted funds set aside and separate from the Endowment (ie funding Chairs, scholarships, Cap Ex for PPE, etc...) The Endowment is often a slush fund for the BoD to address exigencies. But you make a key point, disbursements must be from upticks in valuation and not cannibalizing principal. When investment performance falls short of opex for a specific donation the BoD, in concert with the Donor Trustee, must address the shortfall in some way which is usually prescribed in the contract.  Endowment funds can be used to fund athletic programs, especially for PPE Cap Ex.


It's kind of complicated...and there have been recent changes in state law that do allow endowments to drop below the principal value.  But my point is that UR's Board of Directors can't just say, "Hey, let's join the C7 and tap into our endowment to fund our costs."
  
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: keefe on February 08, 2013, 03:45:45 PM

It's kind of complicated...and there have been recent changes in state law that do allow endowments to drop below the principal value.  But my point is that UR's Board of Directors can't just say, "Hey, let's join the C7 and tap into our endowment to fund our costs."
  

My experience was working with private equity players who were caretakers for trust funds. Two of our biggest clients were the Bronfman and Ziff trusts. Both funds had stipulations requiring X% to be invested in Asia. At GE Cap we brought in third parties for reasons of risk management, strategic expertise, or that it was cheaper to use their money than GE's. Our mandate from them was to bring them opportunities with horizons ranging from months to years and delivering x return (Their hurdle rates were double digit but that was very doable in Asia in the 90's.) In the case of the Bronfman money there were no restrictions other than geographic and jurisdictional distribution. As such they invested in Bentoel, an Indonesian Kretek cigarette company in which we were fronting for Philip Morris. The Ziff's had many toll gates around "Green" and "Morality" issues. They would therefore not invest in a cigarette enterprise, or alcohol, or companies that could not meet OHSA safety standards. The Bronfman's made their fortune during Prohibition and had few if any concerns about Green or Morality.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: Eight Legger on February 08, 2013, 03:49:27 PM
That's right, they are separate endowments, essentially. I am not certain what our athletic/basketball money amounts to, but our basketball spending is somewhere in the $4M range annually. We are about to begin the main phase of a renovation of the Robins Center to modernize portions of it and reduce capacity a bit by adding in some suites. Right now it seats 9,000 and the estimates are that we'll decrease that to about 7,500 (which is what VCU seats) or 8,000.

We're paying Mooney somewhere in the $1.3M range annually and will be investing a total of about $15M in the Robins Center renovations. My understanding is that this phase will begin after the season and be completed in time for next season.

I'm sure that if we get the invite, there will be some type of assurance requested that we will bump up spending to X amount. I'll just say that our ability to meet that requirement is not high on my list of concerns. Despite our football success, our administration knows we are a basketball school and will do what it takes to position us in the best place possible.
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: GGGG on February 08, 2013, 03:55:02 PM
My experience was working with private equity players who were caretakers for trust funds. Two of our biggest clients were the Bronfman and Ziff trusts. Both funds had stipulations requiring X% to be invested in Asia. At GE Cap we brought in third parties for reasons of risk management, strategic expertise, or that it was cheaper to use their money than GE's. Our mandate from them was to bring them opportunities with horizons ranging from months to years and delivering x return (Their hurdle rates were double digit but that was very doable in Asia in the 90's.) In the case of the Bronfman money there were no restrictions other than geographic and jurisdictional distribution. As such they invested in Bentoel, an Indonesian Kretek cigarette company in which we were fronting for Philip Morris. The Ziff's had many toll gates around "Green" and "Morality" issues. They would therefore not invest in a cigarette enterprise, or alcohol, or companies that could not meet OHSA safety standards. The Bronfman's made their fortune during Prohibition and had few if any concerns about Green or Morality.


But see, trusts law and endowment law are different.  When you need something to help you sleep, you can read this...

http://www.uniformlaws.org/shared/docs/prudent%20mgt%20of%20institutional%20funds/upmifa_final_06.pdf
Title: Re: Andy Katz: C7 "likely to bump to 10"; Georgetown influence could mean Richmond
Post by: keefe on February 08, 2013, 04:06:53 PM

But see, trusts law and endowment law are different.  When you need something to help you sleep, you can read this...

http://www.uniformlaws.org/shared/docs/prudent%20mgt%20of%20institutional%20funds/upmifa_final_06.pdf

That's ok. I am on some powerful drugs right now that get me tits up in seconds!