BoR laughs at ISU

[agcy68]

Before you all got into a ******* match with HawkfromNorwalk, I will come to his defense and support him because he's right. That's right I said it! He's right. This isn't about greed, it's about business. Because schools need operating capital. ISU's living off the tax payers while unlike my adopted school in Ames, institutions like Ohio St, Penn St, MI St, and Iowa have athletic programs that actually generate enough income to not only support themselves, but I know for a fact that they fund other departments on campus as well as the athletic departments. So if you want throw stones at the BoR you better look at ISU first as the problem. The BoR has hitched their wagon to Iowa...and for a good reason.

BTW, other than the State of Iowa, I've never recalled any of the other Midwest states that I've lived in having a BoR. Are they actually paid for that job title? Who pays them? You and me? Why?

ISU is very close to operating without taxpayer support. If you added the BTN kickbacks, they would most definately operate without taxpayer supportl (+$13million).

The BOR is like the Board of directors in a company. The presidents of the university report to them and can be fired by them.

The BOR is reponsible for ensuring the success of each of the universities that they control. Would lit be better for ISU to be in the Big Ten than what they are in for now? Yes. But, for years the BOR has been dominated by uofi grads and even now I think there is only 1 ISU grad on the board. I think their ego has gotten in the way of an objective view of what ISU needs. IMO, having ISU in a BCS conference add value to ISU and the state in general. It is free advertising for the university.

 

[agcy68]

U think Iowa State makes more sense than Nebraska? You're kidding right?

In almost every aspect except for TV sets and football, most definately!

 

[Arazi92]

In almost every aspect except for TV sets and football, most definately!

That's like saying, other than beauty, Miss Iowa was the perfect candidate to win Miss America.

 

[cohawk]

cohawk,
By nature "Iowa" is brought into the discussion when discussing the role of the BoR in supporting State institutions. However, think of Iowa as a variable; I just could have easily said "School X".

Now, if you are still with me, in my original post I attempted to speed up the discussion by giving a counter to what I anticipated would be resistance to my attention drawing thread title. This was a rebuttal to the claim that the BoR should have stayed out of it the vote did not matter. To refresh your mind, the contention was that if it did not matter, there was no threat to Iowa. Furthermore, reasons why the State of Iowa would be insecure about the repercussion of a no vote- which is in this era of realignment, TV sets is the champion of all. Iowa does not have a lot of TV sets.

You have provided compelling cases why Iowan's should be proud of the Iowa AD, but you have refuted nothing in terms of the opportunity cost Iowa inflicts on the Big 10. . There are Universities out there that could successfully replace Iowa in the Big Ten in terms of revenue generation for the conference. It was successfully refuted that Iowa's position in the Big 10 is not guaranteed based on being a founding member...for which I am appreciative.

The fact that we produce more revenue than most of the schools in the Big Ten absolutely refutes your argument. You're grasping at straws. With your logic Illinois, Purdue, Indiana, Minnesota, Iowa, Northwestern should all be replaced because they cost the conference too much money. What you don't see to grasp is that the Big Ten is a brand name, and all those schools were part of building it into what it is today.

One last time. I know that Iowa doesn't have a lot of TV sets. Considering 48% of the student body comes from out of state their is a large distribution of alumns across the country. Especially in Chicago and there are even a ton of us in Denver.
It's how many TV sets are watched across the country.

PS: If Iowa is so low on the totem poll how did we get picked over PSU for a BCS birth?

 

[cohawk]

Student athletics and business 101 shouldn't go hand in hand. Last time I checked college athletics were more about the student athlete than the dead presidents. I guess you greedy bastards in the Big Ten don't care about that.

Maybe this is why ISU needs funds from the state to support their athletic programs. They should absolutely run their AD like a business. Why do you think they have an AD?

 

[cohawk]

Any retard that equates a university with a for profit business is a lost cause. Google this; tax exempt status for BCS football programs.

I would hope and pray as an ISU fan they never get rid of the tax exempt status. You already run in the red and need support from the state. It's highly unlikely ISU could keep a football team without the tax exempt status in place.

 

[Hawk10]

I would hope and pray as an ISU fan they never get rid of the tax exempt status. You already run in the red and need support from the state. It's highly unlikely ISU could keep a football team without the tax exempt status in place.

^THIS...It's not like Iowa and the Big Ten would be the only one's affected...ISU would probably have to severely cut back athletics if this happens...football would probably stay and mens bball...but say goodbye to EVERY other men's sport...

Let me tell you the rest of the schools would still be okay...it would just shove you guys further down...be careful what you wish for.

 

[PGreen ISU '92]

What needs to be done is to tax Conferences prior to them filtering the money to the Universities Athletic Departments. Tax law could state that any Conference with revenue over XX dollar amount must pay taxes at X %.

Does anybody see the problem with a $15 Billion SEC/CBS Contract that is not taxed? These huge Conference contracts further the arms races and separates the haves from the have nots.

 

[Hawk10]

What needs to be done is to tax Conferences prior to them filtering the money to the Universities Athletic Departments. Tax law could state that any Conference with revenue over XX dollar amount must pay taxes at X %.

Does anybody see the problem with a $15 Billion SEC/CBS Contract that is not taxed? These huge Conference contracts further the arms races and separates the haves from the have nots.

I think you make it all or nothing...you either remove tax exempt from ALL conferences and universities or none...I do like the idea of if they did this taxing the conferences revenue...the schools would still be tax exempt then I do believe.

 

[rhillary]

Didn't read through this whole thread but when it comes down to it, unless ISU ends up in the Big East or MWC all ISU alumni and supporters should not the exact opposite of the law makers, politians, etc. that are in office now. We are being left out to dry with NO support in anyway shape or form.

If they somehow got us into the Big 10, the opposite should happen and we support these people forever. The only way to show we are happy/unhappy is with votes.

I know we are not getting into the Big 10 so the BoR deserves a VERY good amount of blame (yes, I know it is more Texas and Nebraska's fault than anything else but we don't vote for those people). Anyway, use democracy to voice our displeasure...:sad:

 

[NobodyBeatsCy]

^THIS...It's not like Iowa and the Big Ten would be the only one's affected...ISU would probably have to severely cut back athletics if this happens...football would probably stay and mens bball...but say goodbye to EVERY other men's sport...

Let me tell you the rest of the schools would still be okay...it would just shove you guys further down...be careful what you wish for.

I don't see how much worse it can get for us, so I really don't care. If the Big Ten and future "Super Conferences" puts themselves above all others, and in the process hurts quality institutions, the least they can do is pay their taxes for the priviledge.

 

[Bubbahotep]

I think universities that make a certain percentage over athletic department operating costs should be charged a luxury tax. There are ways of leveling the playing field, and the big schools deserve a kick in the nuts too.

 

[NobodyBeatsCy]

I think universities that make a certain percentage over athletic department operating costs should be charged a luxury tax. There are ways of leveling the playing field, and the big schools deserve a kick in the nuts too.

Amen. This is the NCAA - NOT the NFL.

 

[Wesley]

I would hope and pray as an ISU fan they never get rid of the tax exempt status. You already run in the red and need support from the state. It's highly unlikely ISU could keep a football team without the tax exempt status in place.

Do we pay taxes if we run in the hole?

 

[Wesley]

I think universities that make a certain percentage over athletic department operating costs should be charged a luxury tax. There are ways of leveling the playing field, and the big schools deserve a kick in the nuts too.

If so, this would slow the super conferences down.

Let's tax the crap out of departments that spend more than $100M a year.

 

[NobodyBeatsCy]

Do we pay taxes if we run in the hole?

I'm not a CPA, but a quick calculation would yield -$14,000,000 in revenue x an effective tax rate of 35% would equal a $4,900,000 tax refund. So we got that going for us ... (Go ahead and finish that if you'd like)