We must closely look at what transpires from the Elon Musk actions. That is, are safe distancing requirements legal? That, in itself, will be a juggernaut of 'rights' vs 'well-being' on so many levels. We've already forced smokers outside because of the health implications of second hand smoke (pseudo social distancing). There's an ever-growing audience claiming wireless technology as dangerous which, because it is pervasive by design, will hang in the very balance of what is determined by the virus case. In the end money will claim its democratic role; meaning enough people will be fiscally impacted that they mandate majority rule. We all can choose what risk we're willing to accept in order to feed our families. Isn't that nature of war? Life, in every facet, is risk vs reward. I believe, as a society, we'll say "I've got to take the risk to get back to work."
LOL.One thing that I think is worth discussing is that CW called CFB a “mega business”. The top 25 CFB programs brought in an estimated 2.5 billion gross profit in 2019. For comparison Principal Financial Group also made 2.5 billion gross profit for 2019.
I think CFB gets overvalued. It’s certainly not a “mega business”. Apple made 264 billion last year. That’s a mega business.
LOL.
PFG:
https://www.principal.com/about-us/our-company/company-overview/key-financials
performance food group company(stats you quoted)
https://investors.pfgc.com/press-re...-Nine-Months-Fiscal-2019-Results/default.aspx
LOL.
PFG:
https://www.principal.com/about-us/our-company/company-overview/key-financials
performance food group company(stats you quoted)
https://investors.pfgc.com/press-re...-Nine-Months-Fiscal-2019-Results/default.aspx
I understand. But he was wrong none the less.You should look at the difference between Gross Revenue and Profits. Gunner was pretty close with the profit number.
I understand. But he was wrong none the less.
I think it is also worth considering that there may be a large dip in college enrollment in the 2020-2021 school year. How many families are going to be comfortable sending their kids off on their own for the first time while this pandemic is still not under control? And if the schools go all digital, I imagine many students will explore community college, or the local university instead of something halfway across the country.
If enrollment in university dips a few percent nationwide, that would lead to more budget cuts campus wide including athletics. Add to that the massive budget hits that states are taking during this pandemic, many state universities may see reduced funding in the next few years.
You are right about enrollment potentially dipping I think the schools who go all online are going to get killed with drops in enrollment numbers. However, athletic departments at least i know for sure ISU and Iowa are both completely self sufficient. I am pretty sure that's the same for all universities with a power 5 football team if I remember right from one of the talks I hear pollard give. They receive no funding from the state/university.I think it is also worth considering that there may be a large dip in college enrollment in the 2020-2021 school year. How many families are going to be comfortable sending their kids off on their own for the first time while this pandemic is still not under control? And if the schools go all digital, I imagine many students will explore community college, or the local university instead of something halfway across the country.
If enrollment in university dips a few percent nationwide, that would lead to more budget cuts campus wide including athletics. Add to that the massive budget hits that states are taking during this pandemic, many state universities may see reduced funding in the next few years.
One thing that I think is worth discussing is that CW called CFB a “mega business”. The top 25 CFB programs brought in an estimated 2.5 billion gross profit in 2019. For comparison Principal Financial Group also made 2.5 billion gross profit for 2019.
I think CFB gets overvalued. It’s certainly not a “mega business”. Apple made 264 billion last year. That’s a mega business.
Question, Gunner. You seem like a smart guy and I am genuinely curious about the following ... is there any way to quantify college football's impact on local economies nationwide? Then factor in the money flowing through media deals, contracts, etc.? I guess that's where I was coming from with my analysis, not the literal place you took it.
You are 100 percent right when you put it like that.