- Joined
- Aug 26, 2011
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You can put the lipstick on the pig, but in year #1 to get less money off 3 NC’s ($850,000) than PC ($900,000) is a terrible result. We are a national brand, they are not.
I am familar with some deals elsewhere in the country and this is not a good deal. I did not call it evil, those are your words. From a business perspective this is a d+/d grade. Stuff can happen before the end of a ten year deal. So to get 42% of the average in year 1 is not a good start. How often can you promote a naming rights off 3 national championships in 3 years? This was a golden opportunity wasted.
Not really. All the deals are structured a little differently. Anyway, the last 6 months has led to tremendous uncertainty in the business world. I’m pretty sure we’re going to see more deals that seem a little on the low side. Money isn’t flowing like it was a couple of years ago.