Most college stadiums, whether private colleges
by Homeboy73 (2019-06-07 23:49:19)

In reply to: Was on a flight to Houston yesterday and your handle was  posted by Tonybullets

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or public colleges, were financed with tax-exempt bonds, and the tax rules make the sale of naming rights somewhat difficult if not prohibited. So it’s pretty unusual for college stadiums. But not impossible.

What if you name it after a benefactor who happens
by Tex Francisco  (2019-06-08 08:57:43)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post

to have their name on a business? For example, Charles Schwab gives $100 million to ND, and now you have Schwab field at Notre Dame Stadium.
When did JS get a handle? *
by DBCooper  (2019-06-09 08:06:41)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post

Under the tax rules, there cannot be a nexus or a
by Homeboy73  (2019-06-08 16:48:43)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post

quid pro quo between the gift and the naming. The gift has to be for general university purposes, endowment, financial aid, academic programs, maintenance etc., and not for the bond-financed facility. The university, in general, cannot be bound or required to name the stadium field after the donor (again, assuming the stadium was financed with tax-exempt bonds).

A “benefactor” who insists on changing the name of the
by 1NDGal  (2019-06-08 09:18:23)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post

Stadium should be drawn and quartered. Please, God and Mother Mary, let that be one line that our avaricious Board will not cross.
Papa Johns Stadium *
by ndzippy  (2019-06-08 07:47:53)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post

That stadium was privately funded
by NDColt  (2019-06-08 09:39:28)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post

Not subject to tax exempt bond financing rules.
Papa got booted.
by irishintheville  (2019-06-08 08:13:19)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post

As the CEO and off the stadium. Just Cardinal Stadium now.

interestingly....Lousiville sucks now *
by fourputtmd  (2019-06-08 13:42:21)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Reply to Post