Who Should Be AUs next AD?

[aucat 69]

Charles Barkley， if he stops gambling

[TigerHorn 1,353]

On 9/14/2022 at 9:13 PM, LPTiger said:

GSW is huge and privately held.  This means Jimmy doesn't owe a fiduciary duty to anyone like shareholders.   He can spend GSW's money however he sees fit without regard to shareholder wishes. AND, GSW has literally given multi-millions to AU in advertising and other areas.   GSW gives money to AU, and Jimmy personally gives money to AU.  Apple is publicly traded.   Tim Cook, as CEO, must always act in the best interests of Apple's shareholders when he spends Apple's $$$.   It would NOT be in Apple's best interests to spend money on AU or any other singular college program.   Arguably they could spend say $100,000 on each of the top 25 programs and justify the expenditure.   But, Tim can spend any of his person net worth, estimated at $1.5B -- about the same as Jimmy, on AU.  The problem is that to date, he hasn't been as generous as Jimmy.   Anytime anyone complains about Jimmy, I think they should also consider just how much money he has given to AU over the past say 30 years.  I would guess that no one donor has given more.   Maybe even more important, you can question Jimmy's, or anyone's, decision making -- but you can't question his heart.  He genuinely loves Auburn -- which is why he sends so much of his treasure to AU.  

       

 

To expand on this a bit, a large chunk of Cook's personal NW consists of Apple stock and options. The media ALWAYS exaggerates the worth and liquidity of this type of compensation. They do it by taking the most extreme values possible. Selling any Apple stock by Cook has to be planned far in advance - if the SP spikes today, he can't sell into it - as in months/years, and appropriate SEC (the agency, not the conference) filings have to be made. Options can and do go underwater, where their worth drops to zero, but the press is not going to tell you that. All they will tell you is the topline value of the options, neglecting any strike price that has to be paid. Cook's liquid net worth is nowhere near Ranes'. 

Now add to that the fact that Cook's biggest donations have been to Stanford, not AU. He is very woke, and his donations come with ropes attached - forget strings - that AU and its alumni base will not accept. 

Be glad we have Ranes and others like him, or we wouldn't have a D1 athletics program. 

[LPTiger 5,167]

9 hours ago, TigerHorn said:

To expand on this a bit, a large chunk of Cook's personal NW consists of Apple stock and options. The media ALWAYS exaggerates the worth and liquidity of this type of compensation. They do it by taking the most extreme values possible. Selling any Apple stock by Cook has to be planned far in advance - if the SP spikes today, he can't sell into it - as in months/years, and appropriate SEC (the agency, not the conference) filings have to be made. Options can and do go underwater, where their worth drops to zero, but the press is not going to tell you that. All they will tell you is the topline value of the options, neglecting any strike price that has to be paid. Cook's liquid net worth is nowhere near Ranes'. 

Now add to that the fact that Cook's biggest donations have been to Stanford, not AU. He is very woke, and his donations come with ropes attached - forget strings - that AU and its alumni base will not accept. 

Be glad we have Ranes and others like him, or we wouldn't have a D1 athletics program. 

well said.

[Hank2020 3,212]

Has anyone on a football forum ever correctly called new AD before short list? Probably only if long standing asst. AD was selected.

[DKW 86 7,431]

I bet the interim becomes the new AD. Folks, it would be JABA. 

He has the time in and knows the AU Players. Just sayin'

Edited September 18, 2022 by DKW 86

[pensacolatiger 313]

Can we get tubs after he’s busted for insider trading?  Where’s the yellow font……