New idea for AA

M

midatlantech

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Aug 20, 2003
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Why don't we just sell the AA to a private owner? It has to be worth $300M+ on the free market and it'll be run the exact same way we're running it now anyway.
 
Eh... I don't like it. What happens if the private owner that we sell the athletic department to decides that they want to make a bunch of money running our programs and state-owned facilities into the ground? I think that there is more accountability with a government-run athletics department.
 
A private owner would want to make money. Even with the increases, the GTAA is only looking to breakeven. A private owner would have to be able to increase tickets prices even more than what has been proposed or be able to scrap GT athletics and sell the AA's assets as parts for more than it paid. I don't see how either of those scenarios would advantagous for GT season ticketholders.
 
mid, I like your posts. I truly do. I typically enjoy reading your commentary and I find you to be more informed and smarter than the average observer.

So please don't take offense when I tell you this is the single dumbest idea I have ever seen posted on this board. Actually, its not, but it does rank up in the top 5 easily.

The GTAA is a non-profit and could never be run like a true corporation. First, many in the GTAA are government employees who get paid a salary by the State of Georgia. Will we now absorb all of their salaries because the government won't pay for them when we go private? Privatization won't allow us to secure bowl revenue from the ACC.

Your solution sounds sexy on the surface, but once you look at how and why athletic departments are non-profit extensions of a school, its pretty much impossible to think that privatization would cure anything. If anything you'd have to re-define EVERYTHING you do, and most of that is NOT DEFINED by you the GTAA, its defined by Georgia Tech, The ACC, and the NCAA.

You're asking us to solve a chemistry equation by using your knowledge in legos. It just does not apply.

What about all the money for scholarships? Now that you are private, you won't get any breaks on that. You'll incur additional expenses having to pay for these athletes to be at school and go to school. There's a reason why amateur sports are non-profit. They rely to much on the State Government.

Once you go private (and feasibly you never could) you can pretty much double or triple your expenses overnight. All the breaks you caught are yours to bear now. You really haven't thought this one through. Complete dumb idea.
 
LOL, I enjoyed the LEGOS comment too.

By the way, I remember the day when we all were bitterly angry at UGA for challenging the NCAA over TV revenue, etc.

Now if we can't go that route how about the opposite? How about getting the tax payers to foot the bill. I mean in Maryland the state bought a whole bunch of the $170M Comcast Center. How come at Tech we work independently of the state.
 
midatlantech said:
Now if we can't go that route how about the opposite? How about getting the tax payers to foot the bill. I mean in Maryland the state bought a whole bunch of the $170M Comcast Center. How come at Tech we work independently of the state.
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Can you honestly see Sonny Perdue OK'ing that deal? This is a Mutt state. Until we start clobbering them on a regular basis, we won't see any extra funds from the government.
 
knoxjacket said:
Bake sale, IMO.
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Unfortunately, it won't raise enough money. What we need is a Jerry Lewis type telethon to prevent Monetary Atrophy.
 
I say we give shriner hats to all the girls tennis team and put them out on the street.
 
Given the popularity of the TECH Fund, I just have 4 words:

D-Rad + Dunk Tank

In order to make it sporting, you have to let Reggie throw your ball. We could solve the budget problem before D-Rad even got wet. If we could get Braine in the tank, we could save Social Security.
 
LOLFOTF. That's really funny.

By the way, that reminds me of a story. During Greek Week, one fraternity had the dunking tank for their event. I believe they raised money but every hour or so a competitor (fraternity) would get their official throws and provided their own dunkees.

We got this georgous "sister" to volunteer, one that every single guy was hoping to catch one day. Unfortunately for me, she never talked to me again, because I hit the target 9 out of 12 throws. We won the event but I lost all chance of getting the real prize.
 
Oohh, nice one JT.

Or how about this:

Reggie in the Dunk Tank
Jon Tenuta throwing the ball
Charge Admission

Pure profit.
 
Man beej. Reggie may stay under water the whole time if JT's throwing. Who's going to be ready with CPR?
 
ncjacket said:
Man beej. Reggie may stay under water the whole time if JT's throwing. Who's going to be ready with CPR?
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I think Beej67 has been waiting to lay a lip lock on Reggie for awhile so he should do it.

See Link
 
That's a pretty scary thought, and an even worse mental picture. I don't think I'll be able to sleep tonight.
 
UncleBee said:
Unfortunately, it won't raise enough money. What we need is a Jerry Lewis type telethon to prevent Monetary Atrophy.
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Oh, it would work. The Reuben Houston Brownies would bring in some serious cash.
 
knoxjacket said:
Oh, it would work. The Reuben Houston Brownies would bring in some serious cash.
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Didn't think of that angle. I stand corrected.
 
knoxjacket said:
Oh, it would work. The Reuben Houston Brownies would bring in some serious cash.
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How many would pay to participate in the Dustin Vaitekunas tackling drill?
 
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