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$1b debt

**** the DC media

CanesWear is another.

Hooters, Marcus Lemonis, Dan Lambert, MasTec, and of course the $1b investment from CIS.

25% max

I was lightly making this implication in my previous post. Once you understand how transfer fees work in the vast majority of the world's professional leagues, you know that there is no putting this back in the box. Salary caps only work in closed leagues, with specific ownership of teams...

This is far more complicated than people believe. Salary caps are only easy to implement in a closed (i.e., fixed participants with no promotion or relegation) and fully professional league. College football is a lot more layered than that.

The demographic trends of college attendance are not moving in a direction that would lend itself toward the necessary overlap of very high net worth individuals, who are also deeply invested in athletics. It's currently the exact opposite person who is applying, attending, and graduating...

I don't know where this is all going, but for all but a few programs, the money won't be there consistently.