So what happens to Oregon.....

[stolitonic]

I didn't realize it until a little while ago, but Phil Knight is 86 years old.

I'm sure when he is gone, Oregon will get a nice chunk in a one time thing-but what happens after that?

The rest of his family big time supporters also? A trust fund to continue contributions to the Ducks?

Anybody know?

(Alternate thread title-"Ladies and Gentlemen, off season Friday evening ruminations".

 

[KnoxCentral92]

Probably has a trust set up. Oregon will be Oregon. Close. But never champs

 

[MontyPython]

A.D.I.D.A.S.

 

[MississippiVOLS]

A.D.I.D.A.S.

Korn song?

 

[tennesseeduke]

Who?

 

[NEO]

Korn song?

All Day I dream about SEC.

 

[BigOrangeTrain]

Who?

 

[easttnbuck]

I didn't realize it until a little while ago, but Phil Knight is 86 years old.

I'm sure when he is gone, Oregon will get a nice chunk in a one time thing-but what happens after that?

The rest of his family big time supporters also? A trust fund to continue contributions to the Ducks?

Anybody know?

(Alternate thread title-"Ladies and Gentlemen, off season Friday evening ruminations".

The word is he's leaving most of it in a trust to fund Oregon nil

He has 34 billion. The interest alone would destroy college football

 

[RDU VOL#14]

A.D.I.D.A.S.

Hopefully we never go back to adidas

 

[wmcovol]

The word is he's leaving most of it in a trust to fund Oregon nil

He has 34 billion. The interest alone would destroy college football

Imagine what half of that money could do for other purposes .

 

[volbound1700]

There is already rumors that the money is starting to slow down. However, they are in the B1G now so they will be fine.

 

[will5]

*slowclap*

We did it boys

 

[Majors]

Hopefully we never go back to adidas

It was cool when it happened. It was just us and Nebraska…over time it lost its luster when Nike re-emerged. Football team jerseys went from Sports Belle logo to Adidas

 

[RDU VOL#14]

It was cool when it happened. It was just us and Nebraska…over time it lost its luster when Nike re-emerged. Football team jerseys went from Sports Belle logo to Adidas

The Sports Belle jerseys were always an interesting choice.

 

[Majors]

The Sports Belle jerseys were always an interesting choice.

Local company, easy to get jerseys without worrying about logistics. Different times back then

 

[SayUWantAreVOLution]

For me the one to watch is Michigan if Larry Ellison (who is 80) or his wife become more active.

The guy is worth $230B. He could drop $50B on Michigan and still be in the top 10 richest people on the planet. That kind of wealth, if fixated like Knight on college athletics, would be unstoppable.

 

[BigOrangeTrain]

For me the one to watch is Michigan if Larry Ellison (who is 80) or his wife become more active.

The guy is worth $230B. He could drop $50B on Michigan and still be in the top 10 richest people on the planet. That kind of wealth, if fixated like Knight on college athletics, would be unstoppable.

You can already tell that’s happening. They flipped Bryce Underwood and I think I saw somewhere it was something like $12 million.

 

[wmcovol]

For me the one to watch is Michigan if Larry Ellison (who is 80) or his wife become more active.

The guy is worth $230B. He could drop $50B on Michigan and still be in the top 10 richest people on the planet. That kind of wealth, if fixated like Knight on college athletics, would be unstoppable.

Much of this “money” is in stock. He’s not going to sell $50 billion in Oracle stock to simply give away. That would hit him 2 ways, 1 reduce his holdings & 2, the Oracle stock value would drop. It’s nothing to give $10 million or so but when you’re talking selling off their “seed corn”, no way. There’s a reason these people are filthy rich.

 

[SayUWantAreVOLution]

Much of this “money” is in stock. He’s not going to sell $50 billion in Oracle stock to simply give away. That would hit him 2 ways, 1 reduce his holdings & 2, the Oracle stock value would drop. It’s nothing to give $10 million or so but when you’re talking selling off their “seed corn”, no way. There’s a reason these people are filthy rich.

He's one of those "Buffett Pledge Billionaires" who has pledged to give away 90+% of his wealth.

If he makes good on that, he could toss 10-20M of his 1B+ shares of Oracle at an NIL group that's friendly to MI which would give them a nice dividend income without bothering the principle. That's hardly a stretch.

 

[wmcovol]

He's one of those "Buffett Pledge Billionaires" who has pledged to give away 90+% of his wealth.

If he makes good on that, he could toss 10-20M of his 1B+ shares of Oracle at an NIL group that's friendly to MI which would give them a nice dividend income without bothering the principle. That's hardly a stretch.

Dividends off those shares won’t generate the income the prior message indicated.

 

[wmcovol]

He's one of those "Buffett Pledge Billionaires" who has pledged to give away 90+% of his wealth.

If he makes good on that, he could toss 10-20M of his 1B+ shares of Oracle at an NIL group that's friendly to MI which would give them a nice dividend income without bothering the principle. That's hardly a stretch.

20 million shares would generate about $25million in dividend income. Yes very impactful, no question but the first school to sell to Saudis is the winner

 

[SayUWantAreVOLution]

20 million shares would generate about $25million in dividend income. Yes very impactful, no question but the first school to sell to Saudis is the winner

Well, sure, but Ellison owns over a billion Oracle shares. If he drops 3% of his stock on MI athletics that's 30M shares which will generate $40+M if no one else donates a dime.

If he goes to 5%, you're starting to talk about real money and he'd still be in the top 10-15 wealthiest people.

We've seen what Knight has done at Oregon and he's poor, only worth about $35M, compared with $230B.

 

[wmcovol]

Well, sure, but Ellison owns over a billion Oracle shares. If he drops 3% of his stock on MI athletics that's 30M shares which will generate $40+M if no one else donates a dime.

If he goes to 5%, you're starting to talk about real money and he'd still be in the top 10-15 wealthiest people.

We've seen what Knight has done at Oregon and he's poor, only worth about $35M, compared with $230B.

The response was to the statement made of 10-20mil shares. Of course if he gives up more it will generate more.

 

[GoDucks349]

I didn't realize it until a little while ago, but Phil Knight is 86 years old.

I'm sure when he is gone, Oregon will get a nice chunk in a one time thing-but what happens after that?

The rest of his family big time supporters also? A trust fund to continue contributions to the Ducks?

Anybody know?

(Alternate thread title-"Ladies and Gentlemen, off season Friday evening ruminations".

Division Street Collective is where the vast majority of Oregon NIL funds are located. They are very tight about how much they have stashed in the collective. General opinion is Uncle Phil is responsible for the majority of the funds with the rest coming from other Oregon supporters and Nike Execs.

The other contributors aren't living on food stamps, one of them just built a $4 million home about a quarter mile from my place.

See divisionst.com

 

[feathersax]

Knight's Nike sweat shops churning out the high-priced sneakers, etc. at the expense of slave labor.