RE: pretty sure we all get the "investing" idea. you'd think if the BYU football

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Dec 16, 2015
10:33:47am

Linescratcher All-American

RE: pretty sure we all get the "investing" idea. you'd think if the BYU football

...you'd think if the BYU football team is what they claim to be (the most visible arm of the university sponsored by the church and a missionary tool)...

Who is "They", what, precisely, is the "claim", and where has it been made?

I refuse to argue against this claim until its been verified in some substantial way.

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Linescratcher

Bio page: Linescratcher
Joined: Dec 21, 2010
Last login: Jun 22, 2021
Total posts: 15,086 (4,281 FO)

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Messages

Author

Time

FairMormon.org: Cougarboard is an "ex-Mormon message board"

panguitch

12/16/15 9:52am

$6.5 B for a shopping mall seems a bit steep to me. Shouldn't BYU get some?

Cougarclaw

12/16/15 9:53am

haha, said the guy is the $5000 suit!

8Bcougar

12/16/15 12:34pm

oh...only $1.5 BILLION...ok. i feel much better now esp since we can't fork

nashty

12/16/15 9:56am

The Church isn't out of pocket for that-- it's a loan guarantee.

jkccoug

12/16/15 9:58am

Actually, we pay coaches far more than 1% of that.

panguitch

12/16/15 10:10am

<< Deleted >>

thaws

12/16/15 10:13am

a HUGE distinction. the "enemies" of the church point it out as evidence the

nashty

12/16/15 10:22am

Apples and oranges man. The mall has nothing to do w/ BYU salaries

Ulysses14

12/16/15 10:55am

Thanks for pointing this out, but it's shocking to me that you even have to...

ZooBlue

12/16/15 1:05pm

City Creek = Asset, Football Coach = Expense (service)

AzCoug1

12/16/15 11:43am

BYU Football = Missionary Tool

whiteninja

12/16/15 12:29pm

Ute Fans = Tools

snowcat

12/16/15 12:52pm

I know Bronco said BYU Football = Missionary Tool, but that has never been

AzCoug1

12/17/15 1:27pm

Ppl have shared links in the past that support it. I'm not going to take the time...do a search

whiteninja

12/17/15 2:14pm

They are counting the entire cost of the project, not just the amount the church is putting into it.

Blue Print

12/16/15 9:59am

5 billion for the total downtown revitalization project.

JAGA97

12/16/15 10:00am

wow, so 1.5 Billion over the 5 billion dollar budget....

TheDeek

12/16/15 10:01am

People who complain about the City Creek cost don't understand finance/investing

12/16/15 10:03am

pretty sure we all get the "investing" idea. you'd think if the BYU football

nashty

12/16/15 10:09am

Nobody is arguing that BYU should pay better for their program. But you have fallen into a dangerous trap here

thaws

12/16/15 10:13am

not sure how it's "dangerous". i'm not letting this affect my testimony or

nashty

12/16/15 10:18am

Using false numbers discredits the reasonable points that you do make.

panguitch

12/16/15 10:22am

what false #'s?

nashty

12/16/15 10:25am

RE: what false #'s?

panguitch

12/16/15 10:32am

1.5 billion is still A LOT of money.

SaintGeorgeYFan

12/16/15 1:57pm

My statements were in regards to City Creek, not the media building, marriot ctr

12/16/15 10:21am

RE: My statements were in regards to City Creek, not the media building, marriot

nashty

12/16/15 10:24am

Here's the source data for BYU athletics revenues/expenses

12/16/15 10:54am

RE: pretty sure we all get the "investing" idea. you'd think if the BYU football

12/16/15 10:33am

have you ignored every bronco mendenhall interview or media day the last 11 yrs?

nashty

12/16/15 10:46am

I think you're reading what you want to read into his comments.

12/16/15 11:35am

Just to clarify, the $5 million number is not BYU's operating profit

12/16/15 11:05am

They're kind of like our own Occupy Temple Square crowd.

Blue Print

12/16/15 10:11am

All excellent points, in addition to just the investment and long term return

Pacino

12/16/15 10:18am

Because the Church plans on selling those assets downtown?

Singcat

12/16/15 11:14am

Or are you talking about increased rental value of Church owned properties?

Singcat

12/16/15 11:15am

The church owns a lot of property right there. They are protecting them from urban blight.

Blue Print

12/16/15 11:24am

Both really, rental values but also undeveloped property or property

Pacino

12/16/15 3:25pm

RE: People who complain about the City Creek cost don't understand

catchbigtuna

12/16/15 12:51pm

Pfft. Two sentences yet you seem to think you know something about the PEF?

panguitch

12/16/15 2:48pm

Lol...are you honestly trying to argue that diversification is bad??

12/16/15 2:57pm

I agree with the church "investing idle funds", but there is a fine line of risk

crm48

12/16/15 2:14pm

This is true..no tithing funds were used to fund the project

12/16/15 3:00pm

why do any of you or ex-mormons or non mormons care about a mall?

LVCougarFan

12/16/15 11:05am

Because everyone paying tithing sacrifices to do it and some don't like to think

Singcat

12/16/15 11:11am

Tithing $$ was not used on the shopping mall

Ulysses14

12/16/15 11:38am

It almost certainly wasn't. But his point about transparency stands.

12/16/15 11:49am

Transparency isn't what will stop the criticism, it will in fact fuel it more.

Ghost

12/16/15 11:58am

If your goal is to avoid criticism, then maybe transparency is bad.

12/16/15 12:09pm

Therein lies the rub

FatherOFive

12/16/15 12:12pm

All money originally came from tithing,

Dan2

12/16/15 2:41pm

This is false.

panguitch

12/16/15 3:10pm

Is money not being spent to help the poor and needy? And, should all of the

Bob Vance

12/16/15 2:35pm

FairMormon isn't always intellectually honest. Plenty of half truths coming

Singcat

12/16/15 11:07am

The church has a massive real estate portfolio. If they didn't put the money

bvfcr

12/16/15 11:48am

1.5B vs. 5B: either way, a freaking ton of money on a shopping mall

Harrison0Yfan

12/16/15 12:12pm

RE: 1.5B vs. 5B: either way, a freaking ton of money on a shopping mall

12/16/15 12:14pm

They also don't understand that it was a huge reason Utah's economy was near top

dultso

12/16/15 1:42pm

I think my problem is more with the logical disconnect.

Harrison0Yfan

12/16/15 5:45pm

Good grief your lame

ZooBlue

12/16/15 5:50pm

*Yer

Harrison0Yfan

12/17/15 3:55pm

Oops:)

ZooBlue

12/17/15 4:12pm

I see where you're coming from, but it's not like the football program is being

12/16/15 6:01pm

I think you get the main reason right. It's hard to calculate/predict just how

Harrison0Yfan

12/17/15 3:57pm

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