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Started By
Message
re: Spinosa Debt Refinanced = Saban to UT?
Posted on 12/12/13 at 11:08 am to Geauxld Finger
Posted on 12/12/13 at 11:08 am to Geauxld Finger
quote:
Also who wants to live and coach in cleveland aka The Mistake By The Lake
But but but Saban is so debt-burdened that he has no choice! Oh, wait, no, he saw into the future that he would get a better deal from someone a year later. Of course, that year was spent sleepless because of SABAN DEBT CRISIS 2013, but it's all paid off for him in the billions the Longhorns are offering. This all makes perfect sense.
2
Posted on 12/12/13 at 11:08 am to BamaNixon
quote:
I'm sure he is. After all, an anonymous stranger on the internet said so! I'm sure you're quite the insider.
Bama faithful are locked in. It reminds me of LSU fans circa 2004.
It's gonna hurt bama fans even more though
Posted on 12/12/13 at 11:09 am to League Champs
quote:
The prez got some fancy schmancy title recently, which requires him being a college prez in order to keep it . .
Please elaborate. Did he get knighted?
Posted on 12/12/13 at 11:09 am to RT1941
quote:
How long has this massive debt of Saban's been in existance?
this has been in the background for a while
these legal proceedings typically move slowly
I believe the ownership stake in the chiller tower was a nugget Spinosa threw to Saban to entice his involvement (and use his name) in the bigger deal
Posted on 12/12/13 at 11:10 am to TheDoc
quote:
Not sure that the booster money will ever be made public. He said 8 million a year for 10 years but in reality it's much more because of the debt being doubt off from his bad debts.
What happens to the debt in the event Saban leaves before filling the commitment?
Posted on 12/12/13 at 11:12 am to TheDoc
quote:
It reminds me of LSU fans circa 2004.
If you're talking about butthurt over Saban, it should remind you of LSU fans from 2004 to this very moment. Some of them have even gone so far as to try to piece together a story about a crushing debt load, Texas boosters, blackmail, and out-and-out thuggery.
Can you imagine such a thing?
Posted on 12/12/13 at 11:12 am to dante
quote:
Saban just LOVES giving outsiders like rich boosters "authority" over hi
quote:I'm not kidding my self - We ARE talking about a man that declined dinner with the President of the United States all because it interferred with his football teams practice schedule.
Don't kid yourself, plenty of boosters, even at Bama, pay large amounts of money for access to coaches. Rubbing elbows with donors is part of being a coach, especially at big time programs. Nick may not like it, but it part of the process.
Trust me when I tell you the Nick Saban does not deviate from the planned agenda of his football team for anyone, and certainly not some filthy rich booster that's holding the note on his bad debt/investments....
quote:I don't know what authority the Texas Administration has allowed their boosters to negotiate with the potential replacement of Brown.
The question I was asking are UT admin and the "boosters" on the same page and by what authority do the boosters have to negotiate?
I do know that when Mal Moore was courting Saban - all Mal had to do was make a few phone calls to a few BOT members and a few wealthy Bama boosters and those men opened their wallets. The Bama boosters pretty much let Mal work his magic with Mrs. Terry and the rest is a mighty fine history.
Posted on 12/12/13 at 11:13 am to partsman103
I can't tell anyone what nick saban is going to do.
But I was told that UT boosters not employed by UT deposited a check to secure nick saban.
But I was told that UT boosters not employed by UT deposited a check to secure nick saban.
Posted on 12/12/13 at 11:13 am to BamaNixon
SABAN DEBT CRISIS 2013 
Posted on 12/12/13 at 11:14 am to BamaNixon
quote:
But but but Saban is so debt-burdened that he has no choice! Oh, wait, no, he saw into the future that he would get a better deal from someone a year later. Of course, that year was spent sleepless because of SABAN DEBT CRISIS 2013, but it's all paid off for him in the billions the Longhorns are offering. This all makes perfect sense
so why hasn't your god come out and swatted down all the rumors and re-upped with bama?
Posted on 12/12/13 at 11:15 am to TheDoc
quote:
I can't tell anyone what nick saban is going to do.
But I was told that UT boosters not employed by UT deposited a check to secure nick saban.
Again, what happens with the debt in the event Saban does not fulfill the commitment to UTx?
Posted on 12/12/13 at 11:15 am to BamaNixon
Lsu fans had to hear about the NFL wanting saban every year he was here in Baton Rouge. It was old. It was "same old same old"
Saban loved BR! Terry did too! Blah blah blah
He then told everyone on Christmas Day that he was leaving. It happened just like this minus the complicated Mack brown situation.
Saban loved BR! Terry did too! Blah blah blah
He then told everyone on Christmas Day that he was leaving. It happened just like this minus the complicated Mack brown situation.
Posted on 12/12/13 at 11:15 am to partsman103
quote:
Again, what happens with the debt in the event Saban does not fulfill the commitment to UTx?
It's a down payment
Posted on 12/12/13 at 11:16 am to RT1941
quote:DUH.....who would want to go to dinner with Obama.
We ARE talking about a man that declined dinner with the President of the United States
Posted on 12/12/13 at 11:16 am to TheDoc
quote:I've been told are early as this morning that a couple of Bama Board of Trustees members have done the same.
I can't tell anyone what nick saban is going to do.
But I was told that UT boosters not employed by UT deposited a check to secure nick saban.
Posted on 12/12/13 at 11:17 am to TheDoc
quote:
He then told everyone on Christmas Day that he was leaving
well he did us a favor and half arse coached that capital one bowl
Posted on 12/12/13 at 11:17 am to RT1941
they are all idiots for loving football that much.
Posted on 12/12/13 at 11:18 am to Geauxld Finger
quote:
so why hasn't your god come out and swatted down all the rumors and re-upped with bama?
Dunno. Probably because his agent is negotiating with Alabama for the best deal he can get and testing the market for other deals and/or leverage. I can't say for sure that he's staying (although I'm at about 90%), but, while this lasts, I'm certainly going to enjoy the zaniness in this thread.
Posted on 12/12/13 at 11:18 am to dante
quote:
We ARE talking about a man that declined dinner with the President of the United States
quote:DUH - the dinner was with Dubya not Obama. You don't know your Saban history very well do you?
DUH.....who would want to go to dinner with Obama.
Posted on 12/12/13 at 11:20 am to Geauxld Finger
quote:
so why hasn't your coach come out and swatted down all the rumors and re-upped with bama?
He's telling those who matter. The recruits.
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