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wsj - bankerball

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Story in WSJ today (12/26) about an investment banker in Houston who is funding HS kids (a 'team') to develop. Some have gone on to kan, puke, unc. While he is not directly affiliated with a college, it seems a commendable way to help kids, but seems fishy.

"With parents, coaches and sometimes even tutors in tow, the players traveled three weekends a month when they weren’t playing on their school teams, going as far as Hawaii and Italy to play in tournaments. The Traubers paid for plane tickets, hotels, meals and outings such as tours of Washington, D.C., and civil-rights sites, as well as trips to the movies. Sneakers, uniforms, physical therapists, tutors and league dues also went on their tab.

Over the decade they sponsored the team, the Traubers estimate they spent as much as $2 million."

oh yeah, great pix of RHam plus 2 other Huskies loosing a board in the puke game.
 
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How is this okay? Boat misses half a season because his AAU coach bought his mom a plane ticket and there are no violations here?
 
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Sorry. Somehow missed posting te link. FISHieee, eh? Citi oks this crap?
 

CAHUSKY

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What's the difference between this and others that sponsor AAU programs?
 
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pix

Dham and who??

BN-GD332_1224mo_M_20141222191031.jpg
 

CAHUSKY

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$2M from Citi?
$200,000 a year. How is that different from what other individuals/companies spend to support the to tier AAU programs? Serious question as I don't know how well funded others are.
 
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Neither do I, but a $200k + check every year is not exactly 'de minimus'.
 
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