OSU with $17m annually Chase patch
- Thread starter Tractorman
- Start date
How in the hell is a small jersey patch on a football team's shoulder for 12 games worth $17 million to a business? Must be nice to have extra money laying around like that.
They will also get to write off every cent as a cost of doing business.
It's great to be JP!
I think a $2-3 million deal would be in line for where we are currently. Unless the SEC does a conference deal is a whole.
Is this one of the primary problems in college and professional sports? If corporations could no longer write off all or a portion of "contributions" like this, television advertisements, stadium luxury suites, etc., would it result in more reasonable salaries for the athletes and more reasonable ticket prices? Might help with the deficit, too. I know, I know...crazy thinking.
Gene’s Page patch would go so hard.
It's probably a long shot but the Dr. Pepper connection seems too perfect. We could also serve Diablo sandwiches at concessions.
Who'll be the first individual player to demand they be compensated personally for wearing anyone's patch.....you know it's coming .
I just hope we could get somebody to foot the $10 per patch from University Screenprint to get them on the jersey. Come on Lil' Dooey!
The offense will need to be in a GD hurry.
OSU's industry lead lasted about 4 hours, until Notre Dame's announcement.
Shipley Donuts, and put that beautiful wall mural on the patch
Chico’s Bail Bonds*
"Happy Birthday from Berry's Seafood."
We dont know ND's total, or whether it is just a football deal or covers all teams like OSU's. Both press releases claim their deals to be tops in the industry.
Looks like ND’s could be higher at $18-$20MM per. Those deals likely set the ceiling because there are no bigger brands in college athletics.
Really not even sure why something like this could be written off.
It's advertising.
You pay for a billboard. You pay for a magazine page. You pay for a website ad link.
...you pay for a patch on a jersey.
It's just marketing. That isn't something to write off. Companies pay or don't pay to advertise. Their choice and their dime.
^ this is my view and not an analysis of tax law.
Pro athletes wear patches for companies who are competitors of their personal endorsement deals. Every NBA player wears a Nike jersey, but many are sponsored by other shoe/apparel companies.
Point of order - It’s not a “write off” per se. It’s simply a business expense. The bottom line impact isn’t too much different, but in reality they are pretty different things. JPM Chase is the largest investment bank in the world, and #13 on the Fortune 500. They don’t really have a choice to NOT advertise. That’s insanity. They certainly do choose where and how they do it.
A write-off would be more like - Chase donates $100 million of its profits to charity. That $100 million donation is not taxable income. Said donation brings them down into a lower corporate tax bracket that actually saves them more than $100 million that they would have to pay out in federal income taxes, so they get a net gain from the donation.
The question is how much would you pay the see Sydney Sweeney's tits today!Did you see Sydney Sweeney's tits today?
#TopicDiversion
Just to clarify - I am all for seeing her tits on any/all of the MSU jerseys
I think DS should work out a deal between MSU and Strange Brew where they get to put the patch on the front and the countdown slogan on the back.
I did not realize the Duff brothers were State alums. What if State puts their big tires on our buses and tractor-trailers? Could we get them to drop $35 million?
