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Why the RHG is to be Named for McGlaughlin


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Author Topic: Why the RHG is to be Named for McGlaughlin  (Read 3756 times)
FUCoP69
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« Reply #30 on: May 12, 2017, 05:49:51 pm »

Ace, would you please correct Charlie's garbling of Frank's name in the title of this thread?

(I made a few changes in the title here to reflect the facts, Charlie)  Wink
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« Reply #31 on: May 12, 2017, 08:00:30 pm »

The only consoling thought in this discussion is that the floor is what you strike when you hit bottom, so in that sense it's fitting that Frank's name go there.
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« Reply #32 on: May 13, 2017, 09:33:37 am »

Post hoc, ergo propter hoc

Why should anyone care about Frank's three (3) brothers and his three (3) daughters who did absolutely zero for Fordham, other than take free benefits?
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« Reply #33 on: May 13, 2017, 03:26:02 pm »

Ace, would you please correct Charlie's garbling of Frank's name in the title of this thread?

(I made a few changes in the title here to reflect the facts, Charlie)  Wink

Sorry FUCo that's what happens when an Italian tries to spell an Irish name. Please forgive me and thanks for correcting it.
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« Reply #34 on: May 13, 2017, 04:09:03 pm »

I cant stand these handful of posters who constantly refer to Frank as a "good man."  What does that even mean?  Is he Mother Teresa? 
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« Reply #35 on: May 13, 2017, 06:27:09 pm »

Sorry FUCo that's what happens when an Italian tries to spell an Irish name. Please forgive me and thanks for correcting it.

Don't feel bad Charlie. That's a family name with Gaelic origins from Scotland and Ireland. When translated to English, it ended up having almost a dozen variations.

But for better or worse, when someone on this board refers to "Frank," we all know who that refers to . . .
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« Reply #36 on: May 13, 2017, 06:31:32 pm »

I cant stand these handful of posters who constantly refer to Frank as a "good man."  What does that even mean?  Is he Mother Teresa? 

If we're looking for meaning, I want to know what it means that we haven't heard anything about the fund-raising effort!  It was announced to much fanfare and then slowly dwindled away . . .

Poor marketing technique?
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« Reply #37 on: May 13, 2017, 06:58:03 pm »

If we're looking for meaning, I want to know what it means that we haven't heard anything about the fund-raising effort!  It was announced to much fanfare and then slowly dwindled away . . .

Poor marketing technique?
Probably no updates to report Huh?
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« Reply #38 on: May 14, 2017, 05:07:35 pm »

I posted this earlier today on the "Stupid Poll" thread:

Dayton Basketball‏
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Visit http://TransformUDArena.com  to check out our sweet $72 million renovation of UD Arena


It is ridiculous that $2.5m gets you naming rights. I would love to see how the AD and admin feel about the investment Dayton is making.
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« Reply #39 on: May 15, 2017, 10:53:45 am »

Perhaps this is the Administration's way of saying "25 years of athletic futility? It wasn't just Frank.  It was us, too.
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« Reply #40 on: May 15, 2017, 11:42:21 am »

It is ridiculous that $2.5m gets you naming rights. I would love to see how the AD and admin feel about the investment Dayton is making.

They would probably complain about the pressures created by Fordham's endowment...oh, wait, let's look at the endowments of a random selection of Catholic D1-basketball-playing colleges and universities:

Fordham: $721 million
Holy Cross: $681 million
St. John's: $643 million
Villanova: $551 million
Loyola (IL): $535 million
Dayton: $500 million
Creighton: $448 million
Loyola Marymount: $440 million
Fairfield: $310 million
San Francisco: $300 million
Duquesne: $260 million
Seton Hall: $242 million
Marist: $220 million
St. Joe's: $216 million
Providence: $213 million
Loyola (MD): $206 million
Gonzaga: $181 million
Sacred Heart: $137 million
St. Mary's: $133 million
Siena: $132 million
Iona: $116 million
Canisius: $110 million
Niagara: $93 million
LaSalle: $87 million
Manhattan: $79 million
St. Bonaventure: $60 million
Detroit Mercy: $44 million
St. Peter's: $31 million
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« Reply #41 on: May 15, 2017, 01:28:12 pm »

They would probably complain about the pressures created by Fordham's endowment...oh, wait, let's look at the endowments of a random selection of Catholic D1-basketball-playing colleges and universities:

Fordham: $721 million
Holy Cross: $681 million
St. John's: $643 million
Villanova: $551 million
Loyola (IL): $535 million
Dayton: $500 million
Creighton: $448 million
Loyola Marymount: $440 million
Fairfield: $310 million
San Francisco: $300 million
Duquesne: $260 million
Seton Hall: $242 million
Marist: $220 million
St. Joe's: $216 million
Providence: $213 million
Loyola (MD): $206 million
Gonzaga: $181 million
Sacred Heart: $137 million
St. Mary's: $133 million
Siena: $132 million
Iona: $116 million
Canisius: $110 million
Niagara: $93 million
LaSalle: $87 million
Manhattan: $79 million
St. Bonaventure: $60 million
Detroit Mercy: $44 million
St. Peter's: $31 million


Yeah, but what about the cost of operating a school in Manhattan?
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« Reply #42 on: May 15, 2017, 03:04:37 pm »

Yeah, but what about the cost of operating a school in Manhattan?

What about the cost of operating a school in San Francisco or Chicago?
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« Reply #43 on: May 15, 2017, 03:12:40 pm »

Yeah, but what about the cost of operating a school in Manhattan?

Point being?
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« Reply #44 on: May 15, 2017, 04:04:22 pm »

I cant stand these handful of posters who constantly refer to Frank as a "good man."  What does that even mean?  Is he Mother Teresa? 

Mother Teresa was a giant of the Church, her questioning of God, her charity towards the poor. Putting Frank and Saint Mother Teresa in the same sentence is sophomoric at best.
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« Reply #45 on: May 15, 2017, 04:22:14 pm »

They would probably complain about the pressures created by Fordham's endowment...oh, wait, let's look at the endowments of a random selection of Catholic D1-basketball-playing colleges and universities:

Fordham: $721 million   $456
Holy Cross: $681 million  $162
St. John's: $643 million  $560
Villanova: $551 million    $304
Loyola (IL): $535 million  $485
Dayton: $500 million        $394
Creighton: $448 million    $154
Loyola Marymount: $440 million
Fairfield: $310 million
San Francisco: $300 million
Duquesne: $260 million
Seton Hall: $242 million
Marist: $220 million
St. Joe's: $216 million    $160
Providence: $213 million
Loyola (MD): $206 million
Gonzaga: $181 million       $170
Sacred Heart: $137 million
St. Mary's: $133 million      $58
Siena: $132 million
Iona: $116 million
Canisius: $110 million
Niagara: $93 million
LaSalle: $87 million
Manhattan: $79 million
St. Bonaventure: $60 million
Detroit Mercy: $44 million
St. Peter's: $31 million


Endowment is not the whole picture. Lets look at debt (numbers may not be for the same year, for example from their financials Loyola Chi. endowment 2016 was closer to $650). I will paint inside the lines here, adding a debt column for selected schools within the quote box. What does it tell me? Not sure. In any event, as far as I can tell without doing some more research, most athletic infrastructure initiatives are undertaken through targeted fundraising and sponsorships, not from the endowment. I understand that the administration seems not to want to allow fundraising of any consequence directed toward athletic infrastructure.

By the way, if they wanted to have an impact, they would raise money for the FM training center, not for cosmetics. Or we could have the FM comfort area, like Lombardi does on the NJ Turnpike. Don't know FM, not trying to be disrespectful, but its good enough for Vince, and the place needs one.
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« Reply #46 on: May 15, 2017, 06:00:20 pm »

Endowment is not the whole picture. Lets look at debt (numbers may not be for the same year, for example from their financials Loyola Chi. endowment 2016 was closer to $650). I will paint inside the lines here, adding a debt column for selected schools within the quote box. What does it tell me? Not sure. In any event, as far as I can tell without doing some more research, most athletic infrastructure initiatives are undertaken through targeted fundraising and sponsorships, not from the endowment. I understand that the administration seems not to want to allow fundraising of any consequence directed toward athletic infrastructure.

By the way, if they wanted to have an impact, they would raise money for the FM training center, not for cosmetics. Or we could have the FM comfort area, like Lombardi does on the NJ Turnpike. Don't know FM, not trying to be disrespectful, but its good enough for Vince, and the place needs one.

Endowment means very little when it comes to spending capital unless the school is looking for a loan. Most endowment money is locked in for the purpose it was given by a donor. The only endowed funds that can be spent at the institutions discretion are designated "unrestricted funds" which comprise a very small portion of the entire endowment portfolio. 
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« Reply #47 on: May 15, 2017, 06:42:40 pm »

Why not identify who you are when commenting on this blog?

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« Reply #48 on: May 15, 2017, 06:52:29 pm »

Mother Teresa was a giant of the Church, her questioning of God, her charity towards the poor. Putting Frank and Saint Mother Teresa in the same sentence is sophomoric at best.

Recognizing sarcasm is apparently beyond you.
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« Reply #49 on: May 15, 2017, 07:21:26 pm »

Why not identify who you are when commenting on this blog?



Because there are a lot of weirdos out there Artie.
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« Reply #50 on: May 15, 2017, 07:28:45 pm »

Why not identify who you are when commenting on this blog?



Maybe you can start your own board that requires names and not monikers? 
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« Reply #51 on: May 15, 2017, 07:58:44 pm »

Your point being?
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« Reply #52 on: May 15, 2017, 10:06:26 pm »

Here's the same list of schools I posted before (when they were ranked in order of endowment), only this time I've ranked them in order of total cost of attendance (tuition, room/board, books, fees) per year, without financial aid. As you can see, one ranking hasn't changed...

Fordham: $67,000
San Francisco: $63,000
Fairfield: $62,000
Villanova: $62,000
Holy Cross: $61,000
Loyola (MD): $61,000
St. Mary's: $61,000
Loyola Marymount: $60,000
Providence: $60,000
St. Joe's: $59,000
Manhattan: $58,000
St. John's: $57,000
LaSalle: $56,000
Loyola (IL): $56,000
Sacred Heart: $55,000
Dayton: $53,000
Gonzaga: $53,000
Seton Hall: $53,000
Creighton: $52,000
Detroit Mercy: $52,000
Iona: $52,000
Marist: $51,000
Duquesne: $50,000
Siena: $50,000
St. Peter's: $50,000
Canisius: $49,000
Niagara: $44,000
St. Bonaventure: $44,000

Interestingly, if you add to this list the total cost of attendance at the three Catholic schools that have bigger endowments than Fordham (BC, Georgetown and Notre Dame), Fordham is still tied for first with Notre Dame (at $67,000), while Georgetown ($66,000) and BC ($65,000) come in second and third...
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« Reply #53 on: May 15, 2017, 10:29:29 pm »

Here's the same list of schools I posted before (when they were ranked in order of endowment), only this time I've ranked them in order of total cost of attendance (tuition, room/board, books, fees) per year, without financial aid. As you can see, one ranking hasn't changed...

Fordham: $67,000
San Francisco: $63,000
Fairfield: $62,000
Villanova: $62,000
Holy Cross: $61,000
Loyola (MD): $61,000
St. Mary's: $61,000
Loyola Marymount: $60,000
Providence: $60,000
St. Joe's: $59,000
Manhattan: $58,000
St. John's: $57,000
LaSalle: $56,000
Loyola (IL): $56,000
Sacred Heart: $55,000
Dayton: $53,000
Gonzaga: $53,000
Seton Hall: $53,000
Creighton: $52,000
Detroit Mercy: $52,000
Iona: $52,000
Marist: $51,000
Duquesne: $50,000
Siena: $50,000
St. Peter's: $50,000
Canisius: $49,000
Niagara: $44,000
St. Bonaventure: $44,000

Interestingly, if you add to this list the total cost of attendance at the three Catholic schools that have bigger endowments than Fordham (BC, Georgetown and Notre Dame), Fordham is still tied for first with Notre Dame (at $67,000), while Georgetown ($66,000) and BC ($65,000) come in second and third...

No surprise that Fordham is at the top on sticker price.  Fordham is highly tuition dependent (92 cents on every dollar comes from students).  It's overstretched in terms of how much it tries to do given the endowment, it has a highly inefficient cost structure featuring not just one but two main campuses in one of the most expensive cities in the world, and it has a pretty high debt.  No way they could easily afford to build a new arena right now, though they should start a strategic plan for basketball which culminates in a campaign for a new arena.

Notre Dame can charge what it does because of the perceived brand value of the experience and the degree.  GT and BC both operate in expensive cities, but the same goes for them as well.
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« Reply #54 on: May 15, 2017, 10:57:21 pm »

And all of this has to do with naming the floor in what way?
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« Reply #55 on: May 16, 2017, 12:02:17 am »

And all of this has to do with naming the floor in what way?

Do you honestly expect these people to stick to the topic of the thread? It rarely happens, and in the off season it only gets worse.
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« Reply #56 on: May 16, 2017, 09:00:43 am »

And all of this has to do with naming the floor in what way?

I was responding to fholbr's post, which asked: "It is ridiculous that $2.5m gets you naming rights. I would love to see how the AD and admin feel about the investment Dayton is making."

I posted the info I found because I wanted to see what other Catholic schools get for their money versus what Fordham students and alumni get for theirs. In the case of Dayton, here's what I came up with:

Dayton: $500 million endowment, $53,000/yr cost of attendance, $72 million renovation of arena built in 1969.

Fordham: $721 million endowment, $67,000/yr cost of attendance, $2.5 million renovation of gym built in 1925.

I will say, however, that Fordham now has a lot more barn space for its $67,000/yr cash cows...
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« Reply #57 on: May 16, 2017, 10:25:34 am »

I know....my point is more that this is NOT a naming rights issue.

 It is a proposal to name the floor after Frank's family.....set forth by a group of current and former BOT members.......its a campaign....not a naming rights solicitation.....its not some company plunking down  money to get the name Citi Field or the like, that is a mischaracterization...
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« Reply #58 on: May 16, 2017, 01:19:54 pm »

If we're looking for meaning, I want to know what it means that we haven't heard anything about the fund-raising effort!  It was announced to much fanfare and then slowly dwindled away . . .

Poor marketing technique?

Rambacker has it covered......







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« Reply #59 on: May 16, 2017, 01:22:24 pm »

Understood.  But fails to address that Frank was not the decision maker.  Your analogy doesn't work here.  He is an easy target because the Ram Dome didn't get built ...

Wasn't it going to be called the Digger-Dome?
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