Key tweets, and it's all gone to Hell.

[Kolumbo]

I find this mind boggling but the first thing I would do if I were the government is to let the school know that a holding company, presenting the athletic programs as assets can't claim tax exempt status.

Even if not tax exempt, they will be able to operate at virtually break-even every year, if that At least from an income tax standpoint it wouldn't make much difference

A mathematician, a Statistician and an Accountant are in for a job interview
The interviewer calls in the mathematician first, the interview goes well and for the last question the interviewer asks, "What does two plus two equal?"
The mathematician replies, "Four."
The interviewer says great and then calls in the statistician, and after another good interview he asks the same question, "What does two plus two equal?"
The statistician says, "With such a small sample size the answer is four give or take point three percent, but on 9 times out of 10 the answer will be four.”
Satisfied, the interviewer then calls in the accountant and at the end of the interview poses the same question, "What does two plus two equal?"
Very suddenly the accountant gets up, locks the door, closes the shades, disconnects the phone, then approaches the interviewer and asks, "What do you want it to be?"

 

[FfldCntyFan]

Even if not tax exempt, they will be able to operate at virtually break-even every year, if that At least from an income tax standpoint it wouldn't make much difference

A mathematician, a Statistician and an Accountant are in for a job interview
The interviewer calls in the mathematician first, the interview goes well and for the last question the interviewer asks, "What does two plus two equal?"
The mathematician replies, "Four."
The interviewer says great and then calls in the statistician, and after another good interview he asks the same question, "What does two plus two equal?"
The statistician says, "With such a small sample size the answer is four give or take point three percent, but on 9 times out of 10 the answer will be four.”
Satisfied, the interviewer then calls in the accountant and at the end of the interview poses the same question, "What does two plus two equal?"
Very suddenly the accountant gets up, locks the door, closes the shades, disconnects the phone, then approaches the interviewer and asks, "What do you want it to be?"

That's an oldie but goodie.

Here's one from when I was working as an accountant in an insurance company:

An attorney, an accountant and an actuary were having lunch together and the discussion turned to whether it would be better to have a wife or a girlfriend.

The attorney said it's better to have a girlfriend because you don't need to worry about community property if you spit. A wife can take half of your assets.

The account responded that you are better off having a wife because filing jointly leads to tax advantages that you cannot get if you aren't married.

They then asked the actuary what he thought and he responded "you're better off having a wife and a girlfriend!". Which shocked the other two as they never pictured him as someone who would consider something as daring as that.

The actuary then said you can tell your wife that you're spending the weekend with your girlfriend and tell your girlfriend that you're spending the weekend with your wife. That way you can go to the office and work all weekend with nobody bothering you.

An actuary told me this joke and said only an actuary would get it.

 

[hank970]

Another thing they have, and I think this is more important than people want to believe, is they also have an endowment over a billion. I don't think the B1G would consider us until at least reach that mark.

Another thing they have, and I think this is more important than people want to believe, is they also have an endowment over a billion. I don't think the B1G would consider us until at least reach that mark.

I don't know how much importance the B1G attaches to an applicant's fiscal resources, but if it does, I don't think it would consider a billion-dollar endowment to be very impressive. That's chump-change nowadays. A quick search on Wikipedia reveals that most B1G members have pretty sizeable endowments. OSU, for example, is at $7.9 billion, Northwestern at $14.3 billion, newcomer Washington at $6.6 billion, and so on. Michigan has a whopping $19.2 billion endowment. Rutgers, which is treated rather dismissively in the Boneyard, has an endowment of more than $2 billion. The University of Utah may be an aspiring B1G member, but its endowment is only $1.64 billion. Even so, that's about 2.5 times the size of UConn's.

The B1G is also a research powerhouse, and UConn doesn't compare very favorably in terms of research activity. UConn has a very long way to go.

 

[ZooCougar]

Utah, Colorado and Arizona are the states that keep the Big Ten contiguous. That is the critical piece of CR. Contiguity. I supposed you could leave Utah out and get the same result.

The next critical piece is the MST. Gotta have the critical 4 time zones covered.

They don’t care about being contiguous. And haven’t for decades.

 

[Waquoit]

The B1G is also a research powerhouse, and UConn doesn't compare very favorably in terms of research activity. UConn has a very long way to go.

That has to do with sports why?

 

[Vowelguy]

That has to do with sports why?

I mostly agree.
Though the B1G is the one conference where it's less clear.

Witness the recent discussions among B1G schools about establishing a mutual-defense compact in case any of them gets sued by the Administration. You won't see the SEC or B12 talking about that. But the B1G schools view their relationship differently, and tighter.

 

[hank970]

That has to do with sports why?

It has to do with some UConn fans' aspirations and fantasies for membership in the B1G. You'd know that if you'd have read the post I was responding to...and the posts it was referring to.

Or maybe not. Even ostriches have to pull their heads out of the sand from time to time.

 

[CL82]

I mostly agree.
Though the B1G is the one conference where it's less clear.

Witness the recent discussions among B1G schools about establishing a mutual-defense compact in case any of them gets sued by the Administration. You won't see the SEC or B12 talking about that. But the B1G schools view their relationship differently, and tighter.

For what it's worth, one of the knocks against Connecticut by big 12 A.D.'s was that their northeastern "culture" doesn't match the big 12s culture. I can only speculate what they meant by that.

 

[Ha Who]

That has to do with sports why?

What does sports have to do with anything cartel related?

 

[FfldCntyFan]

For what it's worth, one of the knocks against Connecticut by big 12 A.D.'s was that their northeastern "culture" doesn't match the big 12s culture. I can only speculate what they meant by that.

None of us own overalls,... Or livestock.

 

[Kolumbo]

They don’t care about being contiguous. And haven’t for decades.

Really? I don't know man. Research. AAU. Alumni. It's all about contiguity. Nebraska lost its AAU but it's still contiguous. They have to complete the jigsaw.

 

[Kolumbo]

None of us own overalls,... Or livestock.

Since when?

CTAgFairs.org

ctfairs, ctfairs.org, ctfairs.com, ctagfairs.com, ctagfairs.org, ct fairs, agricultural fairs

www.ctagfairs.org

 

[Duncan Idaho]

I don't know how much importance the B1G attaches to an applicant's fiscal resources, but if it does, I don't think it would consider a billion-dollar endowment to be very impressive. That's chump-change nowadays. A quick search on Wikipedia reveals that most B1G members have pretty sizeable endowments. OSU, for example, is at $7.9 billion, Northwestern at $14.3 billion, newcomer Washington at $6.6 billion, and so on. Michigan has a whopping $19.2 billion endowment. Rutgers, which is treated rather dismissively in the Boneyard, has an endowment of more than $2 billion. The University of Utah may be an aspiring B1G member, but its endowment is only $1.64 billion. Even so, that's about 2.5 times the size of UConn's.

The B1G is also a research powerhouse, and UConn doesn't compare very favorably in terms of research activity. UConn has a very long way to go.

Rutgers is treated dismissively by the BY because it was one of the least if not the least accomplished athletic department while in the Big East. These are sports fans message boards. Thats lost somehow on you. It's a good school. It was also a private school for much of its existence until relatively recent. Their 2 billion endowment is a system number shared by two other universities. State schools in the northeast unlike schools in the Midwest compete with many, much older and more established private schools. It's a totally different dynamic than the rest of the country. Maybe UVM may be the exception. It doesn't have an Ivy that the other state schools have to compete with, it does have Middlebury. Maine has Bates, Bowdoin and Colby. AAU research activity Is limited to on-campus research IIRC. UConn has more relationships on the outside. So yes, the endowment is lacking by comparison, but it was not needed for things like infrastructure improvements over the last 20 or so years. Monies are still available under older state building programs. You are here just to be a dick.

 

[Waquoit]

I mostly agree.
Though the B1G is the one conference where it's less clear.

University "research" has changed overnight. Check out what's going on at Indiana. The paradigm has shifted. AAU is just another set of letters. Now's the time for the Big 10 Kobayashi Maru, reset the programming. UConn can hang with those guys.

 

[Vowelguy]

None of us own overalls,... Or livestock.

Don't bring my wife into this.

 

[hank970]

Rutgers is treated dismissively by the BY because it was one of the least if not the least accomplished athletic department while in the Big East. These are sports fans message boards. Thats lost somehow on you. It's a good school. It was also a private school for much of its existence until relatively recent. Their 2 billion endowment is a system number shared by two other universities. State schools in the northeast unlike schools in the Midwest compete with many, much older and more established private schools. It's a totally different dynamic than the rest of the country. Maybe UVM may be the exception. It doesn't have an Ivy that the other state schools have to compete with, it does have Middlebury. Maine has Bates, Bowdoin and Colby. AAU research activity Is limited to on-campus research IIRC. UConn has more relationships on the outside. So yes, the endowment is lacking by comparison, but it was not needed for things like infrastructure improvements over the last 20 or so years. Monies are still available under older state building programs. You are here just to be a dick.

I'm just here on occasion to acquaint you folks with a sense of reality. You think UConn is the be-all and end-all, somehow deserving of affiliation with a more prestigious conference. It isn't.

Yep, you're stuck in a totally different dynamic. It must really suck.

 

[Kolumbo]

University "research" has changed overnight. Check out what's going on at Indiana. The paradigm has shifted. AAU is just another set of letters. Now's the time for the Big 10 Kobayashi Maru, reset the programming. UConn can hang with those guys.

 

[ZooCougar]

Really? I don't know man. Research. AAU. Alumni. It's all about contiguity. Nebraska lost its AAU but it's still contiguous. They have to complete the jigsaw.

Really.

The contiguous thing is folklore

 

[CL82]

Rutgers is treated dismissively by the BY because it was one of the least if not the least accomplished athletic department while in the Big East. These are sports fans message boards. Thats lost somehow on you. It's a good school. It was also a private school for much of its existence until relatively recent.

If I recall correctly, it's been the state University of New Jersey since the 50s, give or take.

Actually, I think Rutgers is treated dismissively on The Boneyard because it's fans are among the neediest in college sports and would frequently come here, and pretty much every other fan form in the country, looking for validation.

It is a good school, but it is nowhere near as beloved as UConn is in Connecticut. By way of example, where I live in North Jersey, you can't find a Rutgers flag flying on game days, but within a mile of my house there are three different homes flying UConn flags. Just sayin'.

 

[Duncan Idaho]

"Although Rutgers thus became a public university, it still retains—as the successor to the private college founded and chartered in 1766—some important private rights and protections from unilateral state efforts to change its fundamental character and mission."

 

[Samoo]

Rutgers' Fundamental Mission - to maintain the National Championship drought while sucking off the B1G hind teet well into the 21st century?

 

[CL82]

Rutgers' Fundamental Mission - to maintain the National Championship drought while sucking off the B1G hind teet well into the 21st century?

 

[CL82]

"Although Rutgers thus became a public university, it still retains—as the successor to the private college founded and chartered in 1766—some important private rights and protections from unilateral state efforts to change its fundamental character and mission."

Yeah, that's only 'kind of, sort of' true. Rutgers did end up buying the assets of the defunct Queens university, which could trace its roots back to 1766, but even Queen's university wasn't open continuously. It struggled financially and periodically would fail and then after a period of time, be restarted again. So Rutgers actually does not have a lineage going all the way back to 1776. It's best claim to that is that it bought the assets of a failed college with an on and off again history that dates back to 1776.

 

[FfldCntyFan]

View attachment 109103

For the record they do have half of a fencing trophy (not sure if it was cut vertically or horizontally) from ~1960 (NYU got the other half).

 

[CL82]

For the record they do have half of a fencing trophy (not sure if it was cut vertically or horizontally) from ~1960 (NYU got the other half).

Was it for their innovative use of chain-link?