Chosen One said:

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Everyone raise your hand if you got a piece of that big pie, or did you pay into giving that big pie?

Seriously, I don't pay for TV anymore, If I want to watch a game, I head to my local Buffalo Wild Wing and catch it with my friends.

Listening to you guys brag about which school is making more money is akin to listening to Yankee fan brag about how much money the yankees make or how much money the Lakers make.

Don't get me wrong, I used to talk this smack all the time, I just wised up.

What next bragging about which school charges more tuition? Who pays more for season tickets?

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This is akin to a guy with a 3" deek and an eternal hardon bragging that he doesn't need viagra.

80s Guy said:

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Chosen One said:

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Everyone raise your hand if you got a piece of that big pie, or did you pay into giving that big pie?

Seriously, I don't pay for TV anymore, If I want to watch a game, I head to my local Buffalo Wild Wing and catch it with my friends.

Listening to you guys brag about which school is making more money is akin to listening to Yankee fan brag about how much money the yankees make or how much money the Lakers make.

Don't get me wrong, I used to talk this smack all the time, I just wised up.

What next bragging about which school charges more tuition? Who pays more for season tickets?

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This is akin to a guy with a 3" deek and an eternal hardon bragging that he doesn't need viagra.

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Well, TBH, if it's eternally hard, he DOESN'T need Viagra. V helps get it up, but can't make it longer or bigger.

It reminds of the old Eddie Murphy routine about the white guy modeling underwear in the news paper....

dermdoc said:

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Chosen One said:

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Everyone raise your hand if you got a piece of that big pie, or did you pay into giving that big pie?

Seriously, I don't pay for TV anymore, If I want to watch a game, I head to my local Buffalo Wild Wing and catch it with my friends.

Listening to you guys brag about which school is making more money is akin to listening to Yankee fan brag about how much money the yankees make or how much money the Lakers make.

Don't get me wrong, I used to talk this smack all the time, I just wised up.

What next bragging about which school charges more tuition? Who pays more for season tickets?

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Who the **** are you?

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Sip. Username says it all

80s Guy said:

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This is akin to a guy with a 3" deek and an eternal hardon bragging that he doesn't need viagra.

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Here.

80s Guy said:

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This is akin to a guy with a 3" deek and an eternal hardon bragging that he doesn't need viagra.

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He should contact a doctor immediately for that erection lasting longer than 4 hours.

Seriously, for me to get the LHN, I have to either pay about 70 bucks a month to Spectrum or about 65 a month to Direct TV.

It ain't that important to me.

If your program is making good money in the SEC, then fantastic, by all means be happy, but I sure as heck won't be paying 850 bucks a year to watch the LHN or any other game again.

And for the person that asked why do I watch the game, well, last I checked the game is played in the fall between college kids, not for money but because they love the game and want a chance to play professionally.

The biggest problem with college football is that money has become the most important part, well if any of you, (speaking to all college football fans) want to give your money away for this, then I'm in no place to tell anyone how to spend their money, but I just wanted to point out that it's stupid.

And FYI, Texas is still #1 in total revenue. Now I'm off to celebrate our national championship in people buying t-shirts.

Apparently, we are all dupes, if we don't do all our sports broadcast viewing at the local wing place. That's what the smart people do.

Aggie Joe 93 said:

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Apparently, we are all dupes, if we don't do all our sports broadcast viewing at the local wing place. That's what the smart people do.

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I didn't have cable for a while, just netflix/hulu. After 1 football season, figured that wasn't the best approach.

4 hour game at a local wing place or sports bar. I assume you would buy a meal and a couple of drinks, easily $20+/person. Probably closer to 30+. @ 4 games a month, the $80 cable bill and a few cases of beer is likely a better option.

I feel real sorry for the pocket book for those baseball and basketball fans.

Yeah, ok, so there are months without sports, and if all you are interested in is football, then the 4 months of football season probably isn't worth the 12 months of cable bill.

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if all you are interested in is football, then the 4 months of football season probably isn't worth the 12 months of cable bill.

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Still worth it, IMO.
13 or 14 glorious Saturday's in the Fall.
Ahhhhh, pure bliss!

Well I can see that Charles M Satterfield III medication didn't kick in this morning yet.

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The issue here is that due to a lack of education, the idiot rednecks don't understand how their stadium was financed. The **** athletics report as of January 2017 can be found here https://s3.amazonaws.com/raw.texastr...-2015-2016.pdf

Page 42 is where one can find the recap. **** supposedly had $57 million in "profits" (which, in government accounting are properly referred to as "excess revenues"), but **** also spent $57 million in "athletics related capital expenditures" after had spend $0 the previous year. This isn't difficult math. By the way, Page 42 also shows the almost $300 million in facilities debt **** owes. This doesn't include well over $100 million in additional commercial paper debt **** athletics has outstanding. And, p42 has the actual TAMU College Station endowment figure - $416.8 million. So much for **** being "the wealthiest public university in the nation."

The rednecks also don't seem to understand that no government function, public universities included, should generate any "profit." Government "profits" are more accurately referred to as "excess revenues." Government should take no more money from taxpayers than necessary to fund its activities. The notion that government activities should be conducted to generate "profit" is sheer redneck stupidity. The notion that one government function generating more excess revenues than another government function is something to be proud is more redneck stupidity. A university that matches its expenditures to its revenues is properly managed, not one that can't internally reallocate excess revenues and instead begs to the legislature for millions in additional appropriations.

**** athletics has been in debt to their academic side since 2006. They couldn't pay their bills in 2006, 2007, 2008, 2009 or 2012 so the academic side had to do without and send a total of $21 million over to athletics. That debt, currently in excess of $15 mil, has never been fully repaid and won't be repaid for at least another decade. So **** students pay higher fees, **** classrooms for more crowded, taxpayers are being asked for millions more by ****. Yet, **** athletics supposedly has in excess of $50 million in "annual profits" but refuses to repay the $15 million they owe to the academic side. That's what redneck rich gets you. $400 million in debt, but before paying their bills, they is rich because they has money still in the coin jar!

If **** was truly generating excess revenues they would have an obligation to repay the academic loan so students would benefit. They would arguably have an obligation to improve upon the experience for the students by doing things like taking their band to more than just one or two away games. They would be obligated to follow the lead of schools like Texas and LSU to send excess revenues to support academics. They would be obligated to do something responsible with the revenues, all property of the taxpayers of Texas, not property of the administrators of Texas A&M University or of Texas A&M University.

Government activities should be managed so the people are taxed only enough to fund government activities. John Sharp has come before the legislature insisting TAMU needs additional funds to help manage growth. What the legislature needs to do is cut ****'s state appropriation by $50 million. It won't hurt **** in the least as they supposedly have well in excess of $50 million in "excess profits" they can internally reallocate and their budget will balance.

The legislature's cutting ****'s state appropriation would be an exercise in responsible government. Don't hesitate to send Daniel Figurelli's post to your state representative and insist that TAMU have their funding cut to offset the "excess profits" they are generating. Responsible government. It's the non-redneck thing to do.

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BiochemAg97 said:

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Aggie Joe 93 said:

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Apparently, we are all dupes, if we don't do all our sports broadcast viewing at the local wing place. That's what the smart people do.

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I didn't have cable for a while, just netflix/hulu. After 1 football season, figured that wasn't the best approach.

4 hour game at a local wing place or sports bar. I assume you would buy a meal and a couple of drinks, easily $20+/person. Probably closer to 30+. @ 4 games a month, the $80 cable bill and a few cases of beer is likely a better option.

I feel real sorry for the pocket book for those baseball and basketball fans.

Yeah, ok, so there are months without sports, and if all you are interested in is football, then the 4 months of football season probably isn't worth the 12 months of cable bill.

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SlingTV. $20/mth, no contract, use it when you need it. You can even get SECN for only $5 more.

You don't know what you are talking about because you are "redneck" educated.

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And on the subject of redneck rich, let's not forget about ****'s "river of cash" flowing from the SECN.

The ags have once more employed redneck math in analyzing the SECN deal and, as usual, have arrived at a comically ignorant conclusion. They is redneck rich!

Supposedly, someone gave SECN an equity valuation of $4.69 B, while BTN is only worth $1.14$ B. Yay rednecks! You redneck rich!

Setting aside the absurdity of those valuations for the moment, let's accept them at face value. In the BTN structure, the Big 10 Conference owns 49% of the equity, so in addition to receiving annual payments for their T3 rights and a profit distribution from BTN, the conference schools, by virtue of their interest in the Big 10 Conference, collective;y own 49% of the BTN equity value, which works out to an additional $35 million/school. So, Big 10 - annual T3 rights payment, BTN profit distribution, $35 million equity.

Now for the SECN. That was a revenue deal where the operating profits are shared 50% - 50% between Disney and the SEC. Neither the SEC Conference, nor any of the SEC member schools were granted an equity stake in SECN. 80% of SECN equity belongs to Disney shareholders. The other 20% belongs to shareholders of The Hearst Corporation. In exchange for providing T3 content, SEC member schools have each school received about $7 mil in 2015 and about the same on 2016, around $15 million total. Because of cord cutting, SECN is struggling to match each previous year's payout. Over the same time, Disney/ESPN has also made about $15 million from the content of each SEC member school. The conference and Disney are equal partners. Mike Slive negotiated a redneck smart deal!

Except in the SECN deal, while each school has so far received $15 million, Disney/Hearst has benefited from an additional $4.69 billion. Again, the SEC member schools don't participate at all in the SECN equity valuation. Real smart there, you hayseeds. Operating expenses are shared equally, $15 million for each school while "your trusted partner" takes an equal annual cash payment plus $4.7 billion in equity. Lol.

But our redneck farmer brethren are clueless to the fact Disney crushed them on the SECN deal. They have been patting themselves on the back, believing that Disney is giving 100% of their $4.7 billion in equity to the dumb$#@! confederate idiots. **** - dumb as $#@!, redneck rich, and damned proud of it.

Yet another example of the "value" of the **** degree. Why the state of Texas continues to fund that institution escapes me. They are some of the least educated college graduates in the nation.

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No one gives a fk. When he dies, he's left exactly dick to the world with the entirety of his obsession.

Sweet life

part of me feels bad for the guy; what a miserable existence it must be to spend all your free time trying to make up facts and explain away history.

As I see it, the valuation is based on estimated future cash flow for the network as if one entity owned the entire network. Ol' Duke is wrong in saying that all the equity valuation belongs to Disney and Hearst. The SEC revenue share is included in the valuation.

It's not even like Hearst or whoever could hijack all that value because they have the "equity," if they decided not to pay the SEC and and its members their 50% of the profits, the value of their $4B equity stake or whatever goes down to zero because the SEC is the product, its not like they could just put Fake Alabama vs Fake Auburn on the air instead. There is no SEC network without the SEC.

From what I recall ESPN owns the SEC network, but the SEC owns the content.

Tom Doniphon said:

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No one gives a fk. When he dies, he's left exactly dick to the world with the entirety of his obsession.

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No sh-t!

His gravestone epitaph will read .....

Here lies Charles M Satterfield,
Accomplish dick.

His funeral will be the least attended funeral since Lee Harvey Oswald was buried.

Seems everybody on the planet - EXCEPT him - is a redneck accountant. Are there any numbers from any source that he would take at face value?

schwack schwack said:

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Seems everybody on the planet - EXCEPT him - is a redneck accountant. Are there any numbers from any source that he would take at face value?

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And worse than that, he disputes number without any follow-up numbers to back his claims (or be fact checked, which is why he doesn't show them).

BESCo91 said:

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Tom Doniphon said:

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No one gives a fk. When he dies, he's left exactly dick to the world with the entirety of his obsession.

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No sh-t!

His gravestone epitaph will read .....

Here lies Charles M Satterfield,
Accomplish dick.

His funeral will be the least attended funeral since Lee Harvey Oswald was buried.

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