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Improving Georgia Tech Athletics - Crowdsourced Ideas
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<blockquote data-quote="GT14" data-source="post: 513466" data-attributes="member: 3056"><p>I don't think this would work for variety of reasons but the biggest is that GTRI brings in ~$500M in revenue per year, not profit. Most of the profits are reinvested as GTRI is currently growing, but even if you wanted to rob GTRI of that money you'd be lucky to squeeze $70M out, an order of magnitude lower.</p><p></p><p>Another sticking point would be approving it. If TStan suggests that to literally anyone on campus or at GTRI he gets laughed out of the room. GTRI would have no desire to give away profit and I doubt the Hill would hamstring GTRI in that manner. Even if you think that Bud should force GTRI to give that money up there would hell to pay in the media. GTRI got crucified so hard for spending their profits on "morale" that they can't even buy coffee for employees anymore. GT would be in an even worse PR mess if they force GTRI to effectively donate to the athletic association.</p></blockquote><p></p>
[QUOTE="GT14, post: 513466, member: 3056"] I don't think this would work for variety of reasons but the biggest is that GTRI brings in ~$500M in revenue per year, not profit. Most of the profits are reinvested as GTRI is currently growing, but even if you wanted to rob GTRI of that money you'd be lucky to squeeze $70M out, an order of magnitude lower. Another sticking point would be approving it. If TStan suggests that to literally anyone on campus or at GTRI he gets laughed out of the room. GTRI would have no desire to give away profit and I doubt the Hill would hamstring GTRI in that manner. Even if you think that Bud should force GTRI to give that money up there would hell to pay in the media. GTRI got crucified so hard for spending their profits on "morale" that they can't even buy coffee for employees anymore. GT would be in an even worse PR mess if they force GTRI to effectively donate to the athletic association. [/QUOTE]
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