Pro teams are owned by billionaires so the pro teams would not buy a stake in college teams. Billionaires or investment entities would do it.Wouldn't it make more sense for pro teams to do this?
Gree Bay Packers. NFL owners allowed this in their special case.. but would not otherwise.Wouldn't it make more sense for pro teams to do this?
Can be tokenized on a blockchain (like ethereum).
No I meant it would make more sense for pro teams to sell shares than college teams. Personally I don't think either would be good, but I have a harder time seeing it implemented with college teams.Pro teams are owned by billionaires so the pro teams would not buy a stake in college teams. Billionaires or investment entities would do it.
Yeah and based on what I've read on here, fans having a say in operational decisions is not what we want lolI'm kind of a simple mind kind of a guy, but don't people already do this with donations etc?
If they sell shares, people would expect to get money back. This would also cause big issues as "shareholders" would start raising a stink about firing and hiring coaches. I mean, they already do that as donors, but now with a financial stake in play, there is a little more backbone to their complaints.
Right but if I'm remembering correctly, those shares were not allowed to gain value or pay dividends.Gree Bay Packers. NFL owners allowed this in their special case.. but would not otherwise.
And, college sports gets less attractive as time goes on
When the Packers want to do work on the stadium, they sell more ownership sharesGree Bay Packers. NFL owners allowed this in their special case.. but would not otherwise.
True. Hmm.. Stockholders get to vote on directors.. and teh Packers seem to be a fairly well run operation (shame on you Jets and Giants)...
Right but if I'm remembering correctly, those shares (Packers) were not allowed to gain value or pay dividends.
Deal with the Devil…the college landscape is already a disaster just look at the transfer portal and schools that are telling players to take a hike, and rescinding offers to high school seniors that have been committed for over a year.
Never say never but I think a line I the sand would be drawn there for most schools. Eventually the cash infusion runs out too and then what.
Selling conference names with a sponsor in front or space on jerseys (although Nike Adidas may have input on that) are more the kinds of things I can see.
Um, wouldn't that just be a minor league organization using a college's trademark? I guess some colleges would go along with it, but really at that point does college sports for things like Football and Basketball make any sense to be "college"?