Last week there were threads comparing the differences between Clemson and 'Carolina facilities, with many fans on both sides seeming to want to end the dispute by saying 'both have nice facilities'.
Describing facilities as 'assets' could the 'equality' argument be made again? Not honestly it couldn't be.
We may be neighbors with similar houses and otherwise visible trappings of a certain status (our campuses and athletic facilities), some of the same friends (mutual opponents), we frequent many of the same clubs (bowl games), shop in the same stores (recruiting) and are both members of the community's most 'prestigious' social club (Top 25 - although USC is 'temporarily suspended' for not paying its dues).
So, what's the 'difference', if anything? Actually, it's two things ... "liquidity and reserves". Numerically the fan-bases are approximately equal. What's unequal is the proportional value of an individual 'fan' ... basically, the law of 'averages'. Clemson has some enormously successful alumni and a 'few' extremely loyal AND generous alumni - but Clemson also suffers from an inordinately LARGE block of dumb as a brick pay their bills with sticks (firewood sellers) drink Schlitz Malt Liquor for kicks "fans" who if charged with DUI would have to do the 10-days unable to post a $500 bail. Not just tens, scores of thousands of 'em.
Both schools (wisely) borrowed and spent a few hundred million upgrading facilities while rates were so low had they been any lower the bond-issurer's would have been paying them to take the money ... THAT was smart.
What was NOT 'smart' (for Clemson) is their 'balance sheet' is pushing the envelope and all they seem to be attracting with the most successful run in that schools history are uneducated, dis-functional illiterates ... and that won't feed the monkey!!!
The DIFFERENCE in annual 'cash-flow' between the Clemson athletic programs and South Carolina's athletic programs is approximately TWENTY-FIVE MILLION DOLLARS ($25,000,000.00) ... $74 million vs. $98 million and change EVERY YEAR ... and THAT is 'prelude' to CRISIS.
IT WILL GET WORSE!!! The contributions of USC's 'Gamecock Club' already dwarf IPTAY contributions and 'reserves' continue to widen, not just from items as diverse as ticket sales and merchandise royalties but money from conference affiliations (this is a HUGE gap that will only get wider).
I realize a large number of the Clemson trolls on this board still have pimples, thus may not know the name but Clemson is VERY MUCH like Ericsson Electronics in the mid-90's. Betting on the come Ericsson threw money around ($125 million as the 'initial' named-sponsor for Panther stadium) that later evaporated, they over-hired (and over-paid) administrators (Clemson coaching salaries) ... fact is, in 1996 owning an 'Ericsson' phone was possessing the 'Cadillac' of phones ... Motorola and Nokia were WAY back in the pack, while iphones and Android's didn't even exist.
As 'Carolina's financial fortunes improve Clemson's are getting weaker, and while their influx of 'new' rooters may be good for a 'Way ta' GO!' (directed towards a TV screen) the weight of those uneducated, underemployed 'fans' will for a while be just a sea-anchor, but eventually bust loose into dropped chain and fixed-hold ... and when it does it ain't gonna be pretty.
Clemson NEEDS a 'National Championship' - that alone would help 'cure' the recurring cash-flow spread differential for at least ONE year ... but what about 'next year' ... and the year after that?
Nope - it ain't 'even'. It's not even CLOSE. We may be 'neighbors' ... with many of the same interests and friends TODAY ... but 'Carolina's children are all in school and working towards their future rewards, 'Carolina has money saved and a plan for tomorrow. Clemson?
They have a yard-full of cousins that Chevy Chase might call "Eddie" ... good people, YES!!! - but good people who dump their sewers into street-drains nonetheless.
THIS is a GREAT TIME to be a GAMECOCK!!!
Describing facilities as 'assets' could the 'equality' argument be made again? Not honestly it couldn't be.
We may be neighbors with similar houses and otherwise visible trappings of a certain status (our campuses and athletic facilities), some of the same friends (mutual opponents), we frequent many of the same clubs (bowl games), shop in the same stores (recruiting) and are both members of the community's most 'prestigious' social club (Top 25 - although USC is 'temporarily suspended' for not paying its dues).
So, what's the 'difference', if anything? Actually, it's two things ... "liquidity and reserves". Numerically the fan-bases are approximately equal. What's unequal is the proportional value of an individual 'fan' ... basically, the law of 'averages'. Clemson has some enormously successful alumni and a 'few' extremely loyal AND generous alumni - but Clemson also suffers from an inordinately LARGE block of dumb as a brick pay their bills with sticks (firewood sellers) drink Schlitz Malt Liquor for kicks "fans" who if charged with DUI would have to do the 10-days unable to post a $500 bail. Not just tens, scores of thousands of 'em.
Both schools (wisely) borrowed and spent a few hundred million upgrading facilities while rates were so low had they been any lower the bond-issurer's would have been paying them to take the money ... THAT was smart.
What was NOT 'smart' (for Clemson) is their 'balance sheet' is pushing the envelope and all they seem to be attracting with the most successful run in that schools history are uneducated, dis-functional illiterates ... and that won't feed the monkey!!!
The DIFFERENCE in annual 'cash-flow' between the Clemson athletic programs and South Carolina's athletic programs is approximately TWENTY-FIVE MILLION DOLLARS ($25,000,000.00) ... $74 million vs. $98 million and change EVERY YEAR ... and THAT is 'prelude' to CRISIS.
IT WILL GET WORSE!!! The contributions of USC's 'Gamecock Club' already dwarf IPTAY contributions and 'reserves' continue to widen, not just from items as diverse as ticket sales and merchandise royalties but money from conference affiliations (this is a HUGE gap that will only get wider).
I realize a large number of the Clemson trolls on this board still have pimples, thus may not know the name but Clemson is VERY MUCH like Ericsson Electronics in the mid-90's. Betting on the come Ericsson threw money around ($125 million as the 'initial' named-sponsor for Panther stadium) that later evaporated, they over-hired (and over-paid) administrators (Clemson coaching salaries) ... fact is, in 1996 owning an 'Ericsson' phone was possessing the 'Cadillac' of phones ... Motorola and Nokia were WAY back in the pack, while iphones and Android's didn't even exist.
As 'Carolina's financial fortunes improve Clemson's are getting weaker, and while their influx of 'new' rooters may be good for a 'Way ta' GO!' (directed towards a TV screen) the weight of those uneducated, underemployed 'fans' will for a while be just a sea-anchor, but eventually bust loose into dropped chain and fixed-hold ... and when it does it ain't gonna be pretty.
Clemson NEEDS a 'National Championship' - that alone would help 'cure' the recurring cash-flow spread differential for at least ONE year ... but what about 'next year' ... and the year after that?
Nope - it ain't 'even'. It's not even CLOSE. We may be 'neighbors' ... with many of the same interests and friends TODAY ... but 'Carolina's children are all in school and working towards their future rewards, 'Carolina has money saved and a plan for tomorrow. Clemson?
They have a yard-full of cousins that Chevy Chase might call "Eddie" ... good people, YES!!! - but good people who dump their sewers into street-drains nonetheless.
THIS is a GREAT TIME to be a GAMECOCK!!!