Comments on: Tip-Off for 9/5/12 (featuring Gil Scott-Heron): HBCUs are allowing themselves to be played by the NCAA http://thestartingfive.net/2012/09/05/tip-off-for-9512-featuring-gil-scott-heron-hbcus-are-allowing-themselves-to-be-played-by-the-ncaa/ Bangin’ and Scorin’ Every Trip Down the Floor Wed, 19 Jun 2013 01:15:51 +0000 hourly 1 http://wordpress.org/?v=3.5.1 By: CDF http://thestartingfive.net/2012/09/05/tip-off-for-9512-featuring-gil-scott-heron-hbcus-are-allowing-themselves-to-be-played-by-the-ncaa/comment-page-1/#comment-107821 CDF Thu, 06 Sep 2012 01:36:13 +0000 http://thestartingfive.net/?p=20855#comment-107821 I usually don’t bother with these early season, non-conference games since they’re essentially exhibitions (or homecomings). A lot of these big schools do this against smaller schools (HBCU and otherwise) to appease fans or pad stats. While I like the sport of American football, it is a bit saturated in coverage, especially with all of the high school games being shown…O_o

]]> By: Da Smoking Ace http://thestartingfive.net/2012/09/05/tip-off-for-9512-featuring-gil-scott-heron-hbcus-are-allowing-themselves-to-be-played-by-the-ncaa/comment-page-1/#comment-107799 Da Smoking Ace Wed, 05 Sep 2012 18:36:27 +0000 http://thestartingfive.net/?p=20855#comment-107799 You think that is something. The SWAC schools are doing the same. Check the scores out. It is getting done every where. Oklahoma is playing FAMU (really?), Grambling is taking on TCU (Yes, the same TCU that are the 2010 Rose Bowl Champs), New Mexico played and smashed Southern, and Mississippi State beating down Jackson State) for pennies and a good tune for the black kids. Alcorn recently turned down the Troy State game for next year, and the coach was opposed to the James Madison game because they have to take a bus that Friday to Virginia to play a game on Saturday night (Note: Virginia is a 15 and a half hour drive from Lorman without stops). I know that the Mississippi State fan was cussing the year before last because Alcorn was only down 16-35 on Mississippi State in the first half. Which is competitive being the athletes they had at that time.

]]> By: Temple3 http://thestartingfive.net/2012/09/05/tip-off-for-9512-featuring-gil-scott-heron-hbcus-are-allowing-themselves-to-be-played-by-the-ncaa/comment-page-1/#comment-107789 Temple3 Wed, 05 Sep 2012 17:01:30 +0000 http://thestartingfive.net/?p=20855#comment-107789 Look deep underneath OK State:

From Wikipedia —

Pickens has been a major financial contributor to his alma mater, the Stillwater campus of Oklahoma State University (OSU). Through his contributions, Pickens spearheaded an initiative to create an athletic village just north of the existing campus. In order to do so, hundreds of homes were acquired by the OSU administration, one via eminent domain, and demolished using Pickens’ contributions.

Pickens’ gift remains the largest donation to a university’s athletic program in collegiate history. His total contributions to OSU come to over $400 million. Over $265 million, or 66%, of his donations have been towards athletics. Pickens also has made substantial academic gifts to Oklahoma State University, particularly to the School of Geology, which is named for him.

On December 30, 2005, Pickens made a $165 million gift to Oklahoma State University. The New York Times reported that “the money spent less than an hour on December 30 in the account of the university’s charity, O.S.U. Cowboy Golf Inc., before it was invested in a hedge fund controlled by Mr. Pickens, BP Capital Management.”[35] Pickens, who is on the board of the O.S.U. Cowboy Golf, waived any management fees for the OSU monies.[36] All profits of the fund go to growing the OSU gift. The gift is intended to help fund an upgrade of the football stadium and construction of an athletic village, but sparked controversy because OSU planned to use eminent domain to acquire residential property for the projects.[37] The donation comes after a $70 million gift from Pickens to OSU in 2003, which was similarly structured using O.S.U. Cowboy Golf, Inc.

On July 28, 2007 the Board of Regents of Oklahoma State University approved a resolution to move $28 million from the OSU Foundation into Pickens’ BP Capital Management company in Dallas. Oklahoma State has previously invested $277 million in the fund. Pickens has been waiving fees for the university’s investments with his fund.[35][38]

On May 21, 2008 Pickens donated $100 million dollars to academics at Oklahoma State University. The gift will be matched by the state of Oklahoma.[39][40]

In October, 2008 it was reported in the NY Times that due to the recent financial recession, some of Pickens’s gifts to the athletic department had seen a large decline in their market value while being managed in his hedge funds. The same NY Times article noted that due to the worldwide recession, most other schools and charitable organizations were also experiencing problems with investments. The article also mentions that Pickens’ management of donated funds had previously “turned $6 million into $31 million” for the school’s athletic fund.[35][41]

http://en.wikipedia.org/wiki/T._Boone_Pickens#Donations_to_Oklahoma_State_University

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