Big $$ Announcement Coming

bigdaddyg
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Re: Big $$ Announcement Coming

Unread post by bigdaddyg » Thu Nov 09, 2017 2:31 pm

appgrouch wrote:
Thu Nov 09, 2017 1:26 pm
HkyMtneer wrote:
Thu Nov 09, 2017 1:17 pm
I also believe, assuming this is the same Mark Ricks, that he is the Director of Global Protective Services for Mars, Inc.
Was
What is GPS for Mars??



bigdaddyg
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Re: Big $$ Announcement Coming

Unread post by bigdaddyg » Fri Nov 10, 2017 9:57 am

Just curious- how will the money be paid?



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Re: Big $$ Announcement Coming

Unread post by WVAPPeer » Fri Nov 10, 2017 10:12 am

Hey - as long it isn't in Rubles ---


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Re: Big $$ Announcement Coming

Unread post by JTApps1 » Fri Nov 10, 2017 10:40 am

hotrod2001 wrote:
Thu Nov 09, 2017 1:55 pm
HkyMtneer wrote:
Thu Nov 09, 2017 6:41 am
Rekdiver wrote:
Wed Nov 08, 2017 8:43 pm
The best part of this is this gift like all of ours is for the love we have for our University and its from the heart. Mark clearly gets the TIGMA award for the week. Thank you Mark from the bottom of all our hearts.
Call me crazy but I think $10 mil. might be worth a little more than the TIGMA award for the week! I'll be happy to nominate Mark for the quarterly TIGMA. We might have to make that a thing, but a donation like that is worth the effort. So here's to you, Mark, Class of '89...APP State Athletics Santa Daddy 2017! :lol:
I'm sure Mark or Double Wood Farm is going to have their name on something in Boone after this.
I'm thinking this is a pretty good bet...

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When will "It's better than what we had" no longer be good enough for App State?

bigdaddyg
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Re: Big $$ Announcement Coming

Unread post by bigdaddyg » Fri Nov 10, 2017 10:52 am

Where is his farm listed? Have googled it to death and I can’t find anything. I know zero about horse farms and I don’t see anything listed under Virginia horse farms. Would just like to read something



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Re: Big $$ Announcement Coming

Unread post by Rekdiver » Fri Nov 10, 2017 8:08 pm

:star
Last edited by Rekdiver on Sun Nov 12, 2017 12:00 pm, edited 1 time in total.



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Re: Big $$ Announcement Coming

Unread post by hotrod2001 » Fri Nov 10, 2017 8:58 pm

JTApps1 wrote:
Fri Nov 10, 2017 10:40 am
hotrod2001 wrote:
Thu Nov 09, 2017 1:55 pm
HkyMtneer wrote:
Thu Nov 09, 2017 6:41 am
Rekdiver wrote:
Wed Nov 08, 2017 8:43 pm
The best part of this is this gift like all of ours is for the love we have for our University and its from the heart. Mark clearly gets the TIGMA award for the week. Thank you Mark from the bottom of all our hearts.
Call me crazy but I think $10 mil. might be worth a little more than the TIGMA award for the week! I'll be happy to nominate Mark for the quarterly TIGMA. We might have to make that a thing, but a donation like that is worth the effort. So here's to you, Mark, Class of '89...APP State Athletics Santa Daddy 2017! :lol:
I'm sure Mark or Double Wood Farm is going to have their name on something in Boone after this.
I'm thinking this is a pretty good bet...

Image
What is this supposed to be? I haven't seen this rendering before.



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hotrod2001
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Re: Big $$ Announcement Coming

Unread post by hotrod2001 » Fri Nov 10, 2017 9:00 pm

bigdaddyg wrote:
Fri Nov 10, 2017 10:52 am
Where is his farm listed? Have googled it to death and I can’t find anything. I know zero about horse farms and I don’t see anything listed under Virginia horse farms. Would just like to read something
Probably this
http://www.realtytrac.com/property/va/b ... /217350122

I know a few people in Virginia who have horse farms and are extremely wealthy, the farm is usually a hobby or a side venture and they made their fortunes in market investments.



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Re: Big $$ Announcement Coming

Unread post by T-Dog » Fri Nov 10, 2017 10:23 pm

App has been pursing a public-private partnership on the replacement to Owens. in order to use state money. In fact, there's state money earmarked for the project, $40 million I believe. It's in the UNC system budget.



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Re: Big $$ Announcement Coming

Unread post by bigdaddyg » Fri Nov 10, 2017 10:32 pm

hotrod2001 wrote:
Fri Nov 10, 2017 9:00 pm
bigdaddyg wrote:
Fri Nov 10, 2017 10:52 am
Where is his farm listed? Have googled it to death and I can’t find anything. I know zero about horse farms and I don’t see anything listed under Virginia horse farms. Would just like to read something
Probably this
http://www.realtytrac.com/property/va/b ... /217350122

I know a few people in Virginia who have horse farms and are extremely wealthy, the farm is usually a hobby or a side venture and they made their fortunes in market investments.
That property is the only thing I saw that pops up under that name. No horse farm listed anywhere in Virginia. Interesting that the house is listed for sale for I believe about $9m and was bought a few years ago for WAY less. Something odd



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Re: Big $$ Announcement Coming

Unread post by Rekdiver » Fri Nov 10, 2017 11:24 pm

Again I ask: Do we do any due dilligence on large donations?



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Re: Big $$ Announcement Coming

Unread post by hotrod2001 » Fri Nov 10, 2017 11:27 pm

Rekdiver wrote:
Fri Nov 10, 2017 11:24 pm
Again I ask: Do we do any due dilligence on large donations?
I would assume so. An 8-figure donation would surely have bankers and attorneys involved.



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Re: Big $$ Announcement Coming

Unread post by bigdaddyg » Fri Nov 10, 2017 11:54 pm

hotrod2001 wrote:
Fri Nov 10, 2017 11:27 pm
Rekdiver wrote:
Fri Nov 10, 2017 11:24 pm
Again I ask: Do we do any due dilligence on large donations?
I would assume so. An 8-figure donation would surely have bankers and attorneys involved.
The entire press conference was strange. A person nobody knows anything about and the same line repeated about the horse farm. Hopefully all is good.



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Re: Big $$ Announcement Coming

Unread post by BUTCH1991 » Sat Nov 11, 2017 12:11 am

Looking a gift horse in the mouth?



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Re: Big $$ Announcement Coming

Unread post by T-Dog » Sat Nov 11, 2017 12:35 am

hotrod2001 wrote:
Fri Nov 10, 2017 11:27 pm
Rekdiver wrote:
Fri Nov 10, 2017 11:24 pm
Again I ask: Do we do any due dilligence on large donations?
I would assume so. An 8-figure donation would surely have bankers and attorneys involved.
If they don't do due diligence, then everyone involved should be fired and I'm not joking. I would put the chances of no due diligence done at 0.1 percent. That would be checking financial statements, attorneys looking over every aspect of a signed deal, bankers vouching for ability to pay, etc.

Ricks was Director of Global Operations at Mars Inc, which is a $35 billion a year company, 6th largest private company in America according to Forbes. It's not a public company so you can't see how much their execs make, but I would imagine it's in the millions including bonuses and golden parachutes. Horse racing is big money too. You have to be a millionaire to get in it with a degree of seriousness.

We've always wanted Athletics to reach out and try to tap into the wealthy alums and it appears they hit 21 with this one.



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Re: Big $$ Announcement Coming

Unread post by Saint3333 » Sat Nov 11, 2017 6:55 am

Sometimes money comes from other sources than the occupation you have.

I’m not sure why we are so concerned about knowing all the details here versus celebrating the generosity of a family willing to support this program.



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Re: Big $$ Announcement Coming

Unread post by hapapp » Sat Nov 11, 2017 7:07 am

His is not a horse farm, it's a sanctuary for show horses.



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Re: Big $$ Announcement Coming

Unread post by Rekdiver » Sat Nov 11, 2017 8:04 am

Saint3333 wrote:
Sat Nov 11, 2017 6:55 am
Sometimes money comes from other sources than the occupation you have.

I’m not sure why we are so concerned about knowing all the details here versus celebrating the generosity of a family willing to support this program.
I am not interested in any details. That is for our Admin. I just want to know that we did an in depth review to verify the details. Mark being the security business would understand.



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Re: Big $$ Announcement Coming

Unread post by WVAPPeer » Sat Nov 11, 2017 8:12 am

Does anyone remember Nevin Shapiro the guy who gave The U millions of dollars?


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Re: Big $$ Announcement Coming

Unread post by APPARJ » Sat Nov 11, 2017 8:30 am

T-Dog wrote:
Fri Nov 10, 2017 10:23 pm
App has been pursing a public-private partnership on the replacement to Owens. in order to use state money. In fact, there's state money earmarked for the project, $40 million I believe. It's in the UNC system budget.
Call me old fashioned but if we can’t raise enough money for facilities that will benefit our donors and fans then we shouldn’t use tax dollars to fund it. If the people benefiting from the new toys aren’t willing to pay for it then why should taxpayers?


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