Pac 12 gave Larry Scott a $1.86M loan, due in full June 30 — & none repaid yet

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May 23, 2024
4:53:07pm

Gustav Truly Addicted User

Pac 12 gave Larry Scott a $1.86M loan, due in full June 30 — & none repaid yet

No wonder their league collapsed. And we allowed some of the schools that approved this stuff into our conference. Don't let them anywhere near the controls —

NEW: @Pac12 gave former commissioner Larry Scott a $1.86M interest-free home loan in 2009. The league's latest tax return shows he hadn't paid any of it back as of June 30, 2023. It's due in full next month.

Granted, the league has bigger concerns:https://t.co/YBj4xK2dnB
— Daniel Libit (@DanielLibit) May 23, 2024

https://twitter.com/DanielLibit/status/1793742324444328103

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Gustav

Previous username: gustav88
Bio page: Gustav
Joined: Sep 8, 2010
Last login: Jun 15, 2024
Total posts: 50,165 (8,489 FO)

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Messages

Author

Time

Pac 12 gave Larry Scott a $1.86M loan, due in full June 30 — & none repaid yet

Gustav

May 23, 4:53pm

His ability to swindle that conference is impressive

May 23, 4:54pm

If he were as skilled at helping his conference as he was at helping himself

Gustav

May 23, 5:03pm

It’s crazy how far utah drug down the intelligence level of the conference. They

Ojiisan

May 23, 5:27pm

As evidenced by an interest-free loan given in....2009?

krindorr

May 23, 9:08pm

There's some pretty hilarious and subtle irony in this post.

Scratch

May 23, 9:19pm

It's unbelievable really

TNT

May 23, 6:35pm

To be fair, why would anyone expect an interest free loan to be paid off any

Scratch

May 23, 4:56pm

Maybe he was hoping it would collapse and go away

May 23, 4:57pm

I wouldn't expect him to pay it off early

Gustav

May 23, 5:00pm

Inflation is that dudes friend for sure.

May 23, 5:04pm

Just think how much he'd have made putting that in the market at 8%+ annually.

Benfica1

May 23, 5:34pm

He probably did, if he has any brains. Invidia, if he's super smart, but I

CougMAGA

May 23, 7:36pm

He was shorting the P12 the entire time. Shrewd move.

Cougar Jazz Fan

May 23, 7:37pm

And the rich get richer. No one is offering me interest free loans.

Boring

May 23, 9:08pm

Why pay back any principal on a loan with 0% interest? I'm sure he'll pay it off in cash or have a refinance lined up.

mulletino

May 23, 4:57pm

The article says its unclear whether he's paid any of that loan back yet.

cosmohio

May 23, 5:00pm

Great investment for him if he used it all on a house that he bought in 2009 and

Don Carlton

May 23, 5:02pm

Big 12 paid bowlsby over 12 million in his last year

cougarfann888

May 23, 5:05pm

This is a good point. How loyal are they to each other as a voting block?

Borg

May 23, 5:05pm

P12 is governed by the same standards that California is governed

May 23, 5:11pm

If I were him i wouldn't pay it back until the day it was due.

shimmy

May 23, 5:34pm

They should just forgive it and stick him with a 600 something thousand dollar

vegasnative

May 23, 7:55pm

What world are we living in where you can ask an employer for a fat loan…

LateToTheGame

May 23, 8:12pm

You can ask for anything in a contract negotiation.

mulletino

May 23, 8:37pm

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