Warren Buffet is retiring an he will need something to do. He should donate $2 Billion to the NIL Initiative and let him manage the growth of the account. After the first year the account would spin off $100-$200 million a year without touching the principal. You use half the "interest" for NIL and reinvest the other half. Once the account grows to $4 Billion then you give back the original investment to give to other charities. This could fund a lot of athletes.
Warren Buffet NIL Funding
- Thread starter thegwer
- Start date
Warren Buffett is an investor. Investors put up capital with the expectation of return on investment. Fans donate. Investors invest. There is plenty of return possible for the fan. There is none for the investor. Thus, I expect this won't materialize.
Warren Buffet could leave NU his entire fortune and the would still screw it up.
How many times do we need to post the Warren Buffet fantasy? It ain't happening.
He didn’t get to be where he is by spending money on bad investments
How about we all collectively put our 500 lb bench pressing 4.3 40 yard bodies to use and become billionaires, so we can do what Buffet won't?
Dude is 95 years old.
I think if he were interested in propping up Nebraska athletics, we'd have found out sometime in the last 60 or so years.
Suspect he will find better places for his money than to give it to student athletes that will likely spend the money on fancy cars, clothes and other junk. Most all of those athletes already have free educations, etc.
Or we could stop telling people how to spend their money
I don't take advice on raising my kids from anyone who is childless, I don't take marital advice from someone who's been divorced, and I don't take financial advice from people who wanna tell me how to spend my money.
I'm betting that at some point the money donors in most schools will be burned out by constant money burn and will start not giving for this kind of thing. But I could just be wishing for that at this point.
That said, it's sad since I did see his small plaque in the wall at the old CBA.
Warren Buffet would rather give his money to a loser Mizzou QB that eats his boogers on national stage
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Our last two games the stadium was at best 75% full, in person attendance has been down for 10 years across the sport and that is only going to get worse when people don't even know the players because the roster turns over every year. TV money can go away in a hurry...take a look at MLB, they are only getting 500 million from espn now, even though the sport is increasing in popularity. The playoff is an improvement but for most teams there are at least four games that are absolutely pointless(2-3 cupcakes, conference championship, bowl game). Kids are opting out, fans are opting out, and we haven't even seen the shortage of players yet that we will see due to the concussion problem. In 10 years or less there will be a 32 team league...8 teams in a conference.... all of the big tv money will go to these 32 teams...a team like OSU could get punished because they play cupcakes all year just because there is so much trash in the big 10, and they have to share money with that trash.
That scares me. I'm hoping somehow we can get back to limit transfers or some semblance of what the sport was even 15 years ago. But i'm not sure if there's enough of an adult stopping the train before it gets off the tracks.