Jump to content
SiouxSports.com Forum
jdub27

Kennedy vs. Engelstad Foundation: GF herald feature

Recommended Posts

2 hours ago, Cratter said:

It expired a year ago.

UND signed basically the exact same agreement this last week and said they felt "very good" about the agreement.

Do you know if any of the insiders on this site were consulted  by UND prior to signing the new agreement?;)

  • Like 1

Share this post


Link to post
Share on other sites
On ‎6‎/‎23‎/‎2018 at 1:33 PM, SIOUXFAN97 said:

http://www.grandforksherald.com/lifestyle/money-and-finance/4464152-metro-sports-foundation-received-85-million-engelstad-foundation

 

why????? fargo of all places....

is there a chance some und fb money ended up in fargo?

OMG how hard is this for you to understand.

0.0% OF THE TICKET REVENUE LEAVES UND!

The ENGELSTAD foundation is generously donating money that WAS NOT GENERATED BY UND ATHLETICS!!!!!! or ever associated with teh Ralph Engelstad Arena!!

This has been explained and proven numerous times on here and sheeple just jeep returning to trying to push a narative of money being misdirected by some "evil" organization. 

Pathetic.

  • Upvote 4

Share this post


Link to post
Share on other sites
14 minutes ago, Frozen4sioux said:

OMG how hard is this for you to understand.

0.0% OF THE TICKET REVENUE LEAVES UND!

The foundation is generously donating money that WAS NOT GENERATED BY UND ATHLETICS!!!!!!

This has been explained and proven numerous times on here and sheeple just jeep returning to trying to push a narative of money being misdirected by some "evil" organization. 

Pathetic.

So if the REA foundation is so generous with their money, why not just say we will take a reasonable percentage of ticket revenue from events held at REA or The Betty, maybe 25%, and not any from football. If they can't recover operating expenses from that ticket revenue, parking and concessions revenue, plus other Non-UND events, that is ok, That would be just an additional donation? 

  • Upvote 1

Share this post


Link to post
Share on other sites
43 minutes ago, Blackheart said:

Do you know if any of the insiders on this site were consulted  by UND prior to signing the new agreement?;)

Just the gobc.:hypocrite:

  • Upvote 2

Share this post


Link to post
Share on other sites
15 minutes ago, Hawkster said:

Just the gobc.:hypocrite:

God help us! :D

Share this post


Link to post
Share on other sites
1 hour ago, nd1sufan said:

So if the REA foundation is so generous with their money, why not just say we will take a reasonable percentage of ticket revenue from events held at REA or The Betty, maybe 25%, and not any from football. If they can't recover operating expenses from that ticket revenue, parking and concessions revenue, plus other Non-UND events, that is ok, That would be just an additional donation? 

That is a reasonable question.  Maybe one of the insiders in the know here can explain the concept.  There are a lot of layers with their fingers into this and some individuals serve on multiple boards concerning this.

Share this post


Link to post
Share on other sites
8 hours ago, Cratter said:

It expired a year ago.

UND signed basically the exact same agreement this last week and said they felt "very good" about the agreement.

Yeah Im sure they did. Chuckle chuckle.

  • Like 1

Share this post


Link to post
Share on other sites
1 minute ago, bison73 said:

Yeah Im sure they did. Chuckle chuckle.

Agreed. 

Share this post


Link to post
Share on other sites

According to several here, Kennedy won the negotiations

  • Like 1

Share this post


Link to post
Share on other sites
10 minutes ago, sprig said:

According to several here, Kennedy won the negotiations

But lost the war?

  • Like 1

Share this post


Link to post
Share on other sites
2 minutes ago, Blackheart said:

But lost the war?

Since both sides reported satisfaction, must have been a win- win. So the 52 -48 split was fine with UND

  • Like 2
  • Upvote 1

Share this post


Link to post
Share on other sites
1 hour ago, bison73 said:

Yeah Im sure they did. Chuckle chuckle.

The former administration also agreed to it, must not be nearly as bad in the big picture as some people think.

  • Like 2
  • Upvote 2

Share this post


Link to post
Share on other sites
6 minutes ago, Cratter said:

The former administration also agreed to it, must not be nearly as bad in the big picture as some people think.

The former administration rarely said no to anything. 

  • Upvote 1

Share this post


Link to post
Share on other sites
1 hour ago, Cratter said:

The former administration also agreed to it, must not be nearly as bad in the big picture as some people think.

You talking about Kelley?

Share this post


Link to post
Share on other sites
2 hours ago, Cratter said:

The former administration also agreed to it, must not be nearly as bad in the big picture as some people think.

Because they wanted the arena so badly they would have agreed to anything. Now they need The Ralph and The Betty so badly they have to agree to anything the REA puts in front of them. Hockey, volleyball and mens and womens basketball would be without a home without them.  UND has ZERO bargaining power and the REA is taking full advantage,  But don't worry, I am sure the REA will use some of that FB ticket revenue to put in a new hot tub in the mens hockey locker room. Maybe even put one in Berry's office.

  • Downvote 2

Share this post


Link to post
Share on other sites
9 hours ago, Frozen4sioux said:

OMG how hard is this for you to understand.

0.0% OF THE TICKET REVENUE LEAVES UND!

The ENGELSTAD foundation is generously donating money that WAS NOT GENERATED BY UND ATHLETICS!!!!!! or ever associated with teh Ralph Engelstad Arena!!

This has been explained and proven numerous times on here and sheeple just jeep returning to trying to push a narative of money being misdirected by some "evil" organization. 

Pathetic.

I get it now. I wouldn't have pegged the Engelstads as re-distributionists,  but that is what they are doing. They want to collect most of the athletic revenue at UND and then donate the extra revenue, after all of their expenses are covered, back to UND so they can earmark it for the hockey program, Genius. 

  • Upvote 2
  • Downvote 4

Share this post


Link to post
Share on other sites
5 hours ago, nd1sufan said:

Because they wanted the arena so badly they would have agreed to anything. Now they need The Ralph and The Betty so badly they have to agree to anything the REA puts in front of them. Hockey, volleyball and mens and womens basketball would be without a home without them.  UND has ZERO bargaining power and the REA is taking full advantage,  But don't worry, I am sure the REA will use some of that FB ticket revenue to put in a new hot tub in the mens hockey locker room. Maybe even put one in Berry's office.

UND still has the Hyslop so technically they still have a home for basketball and volleyball. But it won’t come to that as they both need each other. 

Share this post


Link to post
Share on other sites
4 hours ago, darell1976 said:

UND still has the Hyslop so technically they still have a home for basketball and volleyball. But it won’t come to that as they both need each other. 

That is true, but my guess is if UND threatened to move BB and VB, the REA’s response would be “where are you going to play hockey”.  But you are right, they both need each other. 

  • Upvote 1

Share this post


Link to post
Share on other sites
2 minutes ago, nd1sufan said:

That is true, but my guess is if UND threatened to move BB and VB, the REA’s response would be “where are you going to play hockey”.  But you are right, they both need each other. 

You are really in tune with the happenings at UND.  I like it.  

  • Upvote 1

Share this post


Link to post
Share on other sites
1 hour ago, nd1sufan said:

That is true, but my guess is if UND threatened to move BB and VB, the REA’s response would be “where are you going to play hockey”.  But you are right, they both need each other. 

Wait for the Rod tip to bend a little and then slowly turn the reel a half turn until you feel tension and then pull it back hard...there, you just caught a Darell!

  • Upvote 3
  • Downvote 1

Share this post


Link to post
Share on other sites
On ‎6‎/‎24‎/‎2018 at 8:39 AM, nd1sufan said:

52% of all of UND FB ticket revenue ends up with the REA. So in reality, nobody knows where that 52% ends up. UND should collect all of the FB ticket revenue and pay the Alerus rent fro the days they have games there. But it sounds like UND administrators really wanted the $100 million arena "gift" that they were willing to give the REA anything they wanted. They will continue to struggle funding sports other than mens hockey until the ridiculous ticket revenue agreement expires. No venue should be entitled to that much of the ticket revenue even if they are hosting the event. 

We need a button to click to show that we like that someone actually liked this post.

Silverjaw Minnow (Notropis buccatus).JPG

 

Share this post


Link to post
Share on other sites
1 hour ago, BobIwabuchiFan said:

Wait for the Rod tip to bend a little and then slowly turn the reel a half turn until you feel tension and then pull it back hard...there, you just caught a Darell!

catching sunnies can be fun but after a while it can get to be more work than they are worth.

  • Like 1
  • Upvote 1

Share this post


Link to post
Share on other sites
17 hours ago, sprig said:

According to several here, Kennedy won the negotiations

why no hawk at midcourt then?

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×