Coca-Cola Invests in BodyArmor in Sports Drink Feud With Pepsi

[quote="otis" post=293104][quote="Class of 72" post=293088]

I think Mike is worth well over $1 billion ..... He could easily write a check for $50 million.......[/quote]
________________________

Rather than speculate about Mr. Repole's financial worth and how much he has contributed to St. John's athletics it is more constructive for those reading this post to show their support for St. John's athletics by joining the Red White Club. Below is a link to the St. John's Red White Club for those who wish to join.

http://www.redstormsports.com/boosters/stjo-boosters.html[/quote]

Thanks for the link.. The RW club members are the backbone of the support for the basketball team. Now if the students can be inspired to support the team that would be more impressive because those empty seats near the floor at CA is embarrassing on national television. That support comes with success on the hardwood and anticipated excitement from signing marquee recruits. Your guess is as good as mine whether the current mystery train will arrive at the station.
 
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[quote="otis" post=293104][quote="Class of 72" post=293088]

I think Mike is worth well over $1 billion ..... He could easily write a check for $50 million.......[/quote]
________________________

Rather than speculate about Mr. Repole's financial worth and how much he has contributed to St. John's athletics it is more constructive for those reading this post to show their support for St. John's athletics by joining the Red White Club. Below is a link to the St. John's Red White Club for those who wish to join.

http://www.redstormsports.com/boosters/stjo-boosters.html[/quote]

agree 100%
 
Comparing SJU to Nova is just silly. First off, our endowment is a bit of smoke and mirrors. The only reason why our endowment is close to 700mm, we sold the Manhattan campus for 200+mm and placed the money in the endowment. Our current Manhattan campus is a rental property from copper union, most large schools would not have made this transactions.

https://nypost.com/2013/05/25/st-johns-sells-nyc-campus/
 
[quote="Pouchie29" post=293127]Comparing SJU to Nova is just silly. First off, our endowment is a bit of smoke and mirrors. The only reason why our endowment is close to 700mm, we sold the Manhattan campus for 200+mm and placed the money in the endowment. Our current Manhattan campus is a rental property from copper union, most large schools would not have made this transactions.

https://nypost.com/2013/05/25/st-johns-sells-nyc-campus/[/quote]

So our endowment is smoke and mirrors because of the "source" of funds? If one donor gives Villanova a one time donation of $50 million is that smoke or mirror?
An endowment is an endowment whether restricted, unrestricted or a one time deal. My point was that seemingly until this past year great academic institutions with their supposedly well to do, and certainly better off, alums than St. John's had no huge advantage in endowment in the Big East conference. We have a very provincial alum base and mediocre outreach as Beast pointed out. Yet as of May 2016 we had a larger endowment than every school except Gtown.
That year Villanova had a net endowment of $552 million.
KPMG shows JJ endowment net assets, as of May 31, 2016 as $643 million.
Kudos to Villanova for winning two national championships which have invigorated donations big and small.
I would turn over the keys to Mike Repole and his marketing genius and have him hire the president, the athletic director and coaching staff. If his investment of $20 million brings in John Calamari all the better.
 
[quote="Class of 72" post=293137][quote="Pouchie29" post=293127]Comparing SJU to Nova is just silly. First off, our endowment is a bit of smoke and mirrors. The only reason why our endowment is close to 700mm, we sold the Manhattan campus for 200+mm and placed the money in the endowment. Our current Manhattan campus is a rental property from copper union, most large schools would not have made this transactions.

https://nypost.com/2013/05/25/st-johns-sells-nyc-campus/[/quote]

So our endowment is smoke and mirrors because of the "source" of funds? If one donor gives Villanova a one time donation of $50 million is that smoke or mirror?
An endowment is an endowment whether restricted, unrestricted or a one time deal. My point was that seemingly until this past year great academic institutions with their supposedly well to do, and certainly better off, alums than St. John's had no huge advantage in endowment in the Big East conference. We have a very provincial alum base and mediocre outreach as Beast pointed out. Yet as of May 2016 we had a larger endowment than every school except Gtown.
That year Villanova had a net endowment of $552 million.
KPMG shows JJ endowment net assets, as of May 31, 2016 as $643 million.
Kudos to Villanova for winning two national championships which have invigorated donations big and small.
I would turn over the keys to Mike Repole and his marketing genius and have him hire the president, the athletic director and coaching staff. If his investment of $20 million brings in John Calamari all the better.[/quote]

I'm not sure if you are deliberately being obtuse to try to prove a point, or just don't comprehend.

Selling off an asset and dumping it into your endowment does nothing for your bottom line. You had an asset worth x amount, sold it, and no longer possess it. I suppose with we sold our staten island campus for $1 billion and dumped it into our endowment fund, you'd compare us to Georgetown. Endowments are built on donations, which cost the university nothing beyond the cost of acquisition (development). On a per student basis (which is tracked by some agencies evaluating universities) ours isn't as strong as similar endowments with many less students.

Of course a $50 million donation is neither smoke, nor mirrors, it's pure gold. It's a single wealthy donor making an incredible pledge to the university because he feels strongly about the mission. In the $600 million successful campaign, there were a boatload of $1 million plus donations. Successful alumni giving back, and only partly because the school won a national champsionship.

Ponder this: Steve Lappas, who was Villanova's previous coach went 174-110 in 9 seasons, with 4 NCAA appearances before getting fired. Still a couple of years ago, Villanova honored former coaches at half of a game, including Lappas. Lappas was warmly received. We've crapped on every former coach since Carnesecca. Could you imagine us having an event like that for even a single former coach in that timespan?

The school has attempted to engage alumni with on campus events. When they are free, large numbers of alumni show up, at considerable cost to the school. When they charge for events, even at cost, alumni don't show up. If the profile of the school is to change, plain and simple, fundraising must increase. If not, we are stuck right where we are, which isn't necessarily a bad place. Putting the sole blame on an unsuccessful basketball program though, is misguided as expecting a successful program to catapult donations.
 
This is a fascinating thread and I’m so appreciative of the posts made thus far. Regrettably I know very little about these aspects of my alma mater, and really appreciate a peak behind the curtain.
 
[quote="Beast of the East" post=293140][quote="Class of 72" post=293137][quote="Pouchie29" post=293127]Comparing SJU to Nova is just silly. First off, our endowment is a bit of smoke and mirrors. The only reason why our endowment is close to 700mm, we sold the Manhattan campus for 200+mm and placed the money in the endowment. Our current Manhattan campus is a rental property from copper union, most large schools would not have made this transactions.

[URL][URL]https://nypost.com/2013/05/25/st-johns-sells-nyc-campus/[/URL][/URL][/quote]

So our endowment is smoke and mirrors because of the "source" of funds? If one donor gives Villanova a one time donation of $50 million is that smoke or mirror?
An endowment is an endowment whether restricted, unrestricted or a one time deal. My point was that seemingly until this past year great academic institutions with their supposedly well to do, and certainly better off, alums than St. John's had no huge advantage in endowment in the Big East conference. We have a very provincial alum base and mediocre outreach as Beast pointed out. Yet as of May 2016 we had a larger endowment than every school except Gtown.
That year Villanova had a net endowment of $552 million.
KPMG shows JJ endowment net assets, as of May 31, 2016 as $643 million.
Kudos to Villanova for winning two national championships which have invigorated donations big and small.
I would turn over the keys to Mike Repole and his marketing genius and have him hire the president, the athletic director and coaching staff. If his investment of $20 million brings in John Calamari all the better.[/quote]

I'm not sure if you are deliberately being obtuse to try to prove a point, or just don't comprehend.

Selling off an asset and dumping it into your endowment does nothing for your bottom line. You had an asset worth x amount, sold it, and no longer possess it. I suppose with we sold our staten island campus for $1 billion and dumped it into our endowment fund, you'd compare us to Georgetown. Endowments are built on donations, which cost the university nothing beyond the cost of acquisition (development). On a per student basis (which is tracked by some agencies evaluating universities) ours isn't as strong as similar endowments with many less students.

Of course a $50 million donation is neither smoke, nor mirrors, it's pure gold. It's a single wealthy donor making an incredible pledge to the university because he feels strongly about the mission. In the $600 million successful campaign, there were a boatload of $1 million plus donations. Successful alumni giving back, and only partly because the school won a national champsionship.

Ponder this: Steve Lappas, who was Villanova's previous coach went 174-110 in 9 seasons, with 4 NCAA appearances before getting fired. Still a couple of years ago, Villanova honored former coaches at half of a game, including Lappas. Lappas was warmly received. We've crapped on every former coach since Carnesecca. Could you imagine us having an event like that for even a single former coach in that timespan?

The school has attempted to engage alumni with on campus events. When they are free, large numbers of alumni show up, at considerable cost to the school. When they charge for events, even at cost, alumni don't show up. If the profile of the school is to change, plain and simple, fundraising must increase. If not, we are stuck right where we are, which isn't necessarily a bad place. Putting the sole blame on an unsuccessful basketball program though, is misguided as expecting a successful program to catapult donations.[/quote]

I'm certainly not placing sole blame on our less than stellar basketball program since I regularly state that I think we have the wrong university president to raise our profile to the next level. Am I misguided as to expect a successful program to catapult donation? You, of all people should know that your Villanova Wildcats success brought in a donation of
$22.6 million from Bill Finneran to his alma mater to upgrade the NCAA champ’s basketball pavilion. Catapult? Yes, that would be a good description at Villanova where donations "doubled" after the first National Championship. 78,000 donors and more than half of the campaign donors made their first gift ever to Villanova. My godson and Villanova double grad was one of them. So, yeah, I think if we ever get past the current Shit show of a basketball program with its secrets and lies and became nationally ranked again, alum and student interest would rise dramatically.


As far as being less than the financial wizard than some here the record shows that the proceeds from the Murray Street building sale were used to enhance the University’s academic offerings, improve facilities and yes, augment the endowment, which allowed for an increase and considerable ongoing financial aid to deserving St. John’s students.  Alumni or friends of institutions contribute capital to endowments but many universities enhance their endowments from the sale of assets such as real estate.  Columbia and New York Universities have been doing it for years with Manhattan properties they no longer wish to manage.  It is very interesting to see certain alums with vested interests in other universities diminish what St. John's does to enhance it's financial support to students.  In the end it is not about what methods the Augustians or Vincentians used to  increase their endowments but whether those financial resources were used to help students and academics.
As I said, considering the mostly middle income profile of St. John's graduates compared to Georgetown and Villanova, we have, over the years held our own in the area of endowments and investments. Imagine if we had the leadership in the office of the president and in the athletic department to think big in the Big Apple instead of what we seemingly settle for.  Change at all levels may be a risk worth taking.  Ironically it was the school of risk management that was relocated that changed our investment profile which contributed to our endowment. 

 [URL][URL]https://www.stjohns.edu/a...-sale-enhances-university-s-financial-profile[/URL][/URL]
 
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[quote="Beast of the East" post=293060][quote="Sju grad 13" post=293030][quote="Beast of the East" post=293026][quote="Moose" post=292519]Yet when it comes to the athletic dept he is largely ignored.[/quote]

Because he donated far less than you guys think, and probably thought that bought him a lot more influence than it did.

Sometimes its the other way around. There is an SJU grad who owns a MLB franchise who has rebuffed all efforts from the university at any relationship. There is another SJU grad who owns a chunk of an MLB franchise who has done a ton for the school. Go figure.[/quote]

I know the first owner ( who rebuffed SJU) is the Tampa Bay rays owner. Who’s the minority owner that you’re talking about?[/quote]

The other Florida team.[/quote]

We also have a third alumnus who has an interest in both the Pittsburg Penguins and the Pittsburgh Steelers.

The owner of the Rays spent 2 years at SJU (and is not a graduate) from what I am told

The fellow who has an interest in the Marlins ( more than Jeter's 4%) has had an incredibly successful career on Wall Street.
 
[quote="jerseyshorejohnny" post=293245][quote="Beast of the East" post=293060][quote="Sju grad 13" post=293030][quote="Beast of the East" post=293026][quote="Moose" post=292519]Yet when it comes to the athletic dept he is largely ignored.[/quote]

Because he donated far less than you guys think, and probably thought that bought him a lot more influence than it did.

Sometimes its the other way around. There is an SJU grad who owns a MLB franchise who has rebuffed all efforts from the university at any relationship. There is another SJU grad who owns a chunk of an MLB franchise who has done a ton for the school. Go figure.[/quote]

I know the first owner ( who rebuffed SJU) is the Tampa Bay rays owner. Who’s the minority owner that you’re talking about?[/quote]

The other Florida team.[/quote]

We also have a third alumnus who has an interest in both the Pittsburg Penguins and the Pittsburgh Steelers.

The owner of the Rays spent 2 years at SJU (and is not a graduate) from what I am told

The fellow who has an interest in the Marlins ( more than Jeter's 4%) has had an incredibly successful career on Wall Street.[/quote]

Jsj. We should visit Tampa and make him an offer he can't refuse
 
[quote="Beast of the East" post=293106][quote="Class of 72" post=293097][quote="otis" post=293090][quote="Class of 72" post=293088]
......The endowment at St. John's is the 2nd largest in the Big East. ..... .[/quote]

Please see the above post by The Honorable Jerseyshorejohnny.

[URL][URL][URL]https://www.youtube.com/watch?time_continue[/URL][/URL][/URL]=80&v=beJpZha7m-Q[/quote]

24 months ago we were 2nd. That's a fact. Maybe the honorable OTIS will post the 2017 or 2018 ytd amounts?
Whatever the latest $ numbers consider we have been the cesspool of the Big East. Again, Villanova is capitalizing on 2 national championships while we are advocating patience with a homegrown train wreck. Do you think that approach will bring in Mike Repole dolkars???[/quote]

There is no question that athletic excellence begets increased giving from alumni, but also keep in mind that its not a necessity. Some of the most well endowed schools have little or no athletic prominence. We've discussed many times on here how athletic success in marquee sports is a tremendous boost to a university. UCONN was simply University of Connecticut before basketball success. Their applications soared and I'm guessing their academic profile too as a result. CTSTORM could better advise since he is faculty there. Georgetown pre 1981 alums (and post also) say thank God for Patrick Ewing. Basketball success catapulted their academic profile from very good, to elite. Same with Duke and many other schools.

I think the problem at SJU is the amount they invest in development, in terms of dollars, strategy, and quality. They are not alone, even among schools with large endowments. Villanova reached out to me in a very warm and personal way when my first kid was a freshman, and that relationship grew at all levels of administration until my son was admitted and instead headed for BC. They did things for my family that wasn't warranted by the size of my donations, and I'm forever grateful for the terrific people there.

BC on the other hand did little besides continual emails, and a very very occasional call from a student worker. Still there endowment is $2 billion, so they must be doing something right.

St. John's has some really great guys in the athletic department who fund raise. Both Nick and Paul are absolutely genuine and good guys, and have treated me really well. As my relationship with Villanova, St. John's athletic department appears to value relationships above the size of a donation. They are also great fans and we are luck to have both.

Strategically, the school just needs to invest more in talented fundraisers, and definitely target high earners by bringing them into the fold before hitting them up for donations. Value their talents, success, and as people, and more often than not donations will follow. Successful alums generally want to help the school, but also need to feel they are valued as people and part of the SJU family. It takes talented people to represent the school in that manner.

Additionally, to raise funds, you need to have well stated objectives, and then spend money on a well organized campaign. If there's a stated objective that makes sense, people are more likely to donate.

After the school takes Mjmaher's advice and hires me as AD and I straighten out the basketball mess, I will move on to fundraising. Just kidding. Maybe. No, just kidding. Definitely.[/quote]

I'm not saying you're wrong about UConn, but when I started there in 2001 (the men had already won their first championship a couple of years earlier, the women as well), the school was already in the process of rolling out their UConn 2000 project. That was a $500 million investment into the school to make improvements and enhancements across the board. That kicked off in 1997 and was announced years prior.

Obviously, there isn't much debating that the basketball success led to a large increase in applications. However, I believe the state had already committed to enhancing the campus. Once the basketball success came, it seems they've never stopped with the enhancements.


[URL][URL][URL]http://advance.uconn.edu/1997/970425/04259705.htm[/URL][/URL][/URL]
 
[quote="SJU14" post=293353][quote="jerseyshorejohnny" post=293322]Mike Repole / Bar Stool Sports Video:

[URL][URL]https://www.barstoolsport...re-joins-barstool-radio-in-saratoga?_referrer[/URL][/URL]=twitter&_branch_match_id=554327917927990637[/quote]

I believe Repole and Dave Portnoy (Barstool founder) were together at a horse auction last week. Repole must be trying to get BodyArmor into the college market.[/quote]

It’s already in the college market. SJU was the first University to sign a partnership deal in 2015. I believe Seton Hall was next.
 
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