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American Athletic Conference (AAC)

Memphis, Tulane, USF, UTSA commit to AAC amid Pac-12 interest​

Some of the highest-profile targets of the Pac-12's expansion have rebuffed its interest, as Memphis, Tulane, USF and UTSA publicly committed to stay in the American Athletic Conference on Monday.

The schools announced their intentions on social media, which solidifies the AAC in the short term and leaves the six-team Pac-12 in flux as it searches for at least two more members to complete its rebuild.

The Pac-12 added Boise State, Fresno State, Colorado State and San Diego State in recent weeks, with the goal to create a clear-cut fifth-best football conference. The school is in discussions with Gonzaga as a basketball addition, which sources told ESPN would come with a full revenue share. ESPN is also reporting preliminary discussions with Saint Mary's for the Pac-12.

But some of the Pac-12's momentum to become the top football conference outside the Power 4 leagues has stalled, as Memphis loomed as the linchpin of any potential additions.

The schools issued statements filled with standard jargon about student-athletes and academics, but the reality is that a significant financial risk loomed if any of them decided to join the Pac-12. AAC commissioner Tim Pernetti has aggressively tried to leverage private equity money to help boost cash flow in his league.

The four schools released a joint statement that read, in part: "While we acknowledge receiving interest in our institutions from other conferences, we firmly believe that it is in our individual and collective best interests to uphold our commitment to each other."
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Kansas Jayhawks (official thread)

Preseason ranking are dumb as hell.
Agreed, because lazy analysts will put ND in the top every year due to their Name. Same with Ped St and Oregon(who was supposed to annihilate every team on their way to playing in the title game:roll1:). No one wants to rank NIU or BC in the preseason, it’s easier to just say that FSU is better because they’re FSU
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The Covelli Center (Official Thread)

Haven't been in Covelli yet, on the bucket list, but looks like an absolute mid-size arena winner. Super for wrestling, volleyball, and ?. Grew up as a St. John's Arena fan, so when a few more of us die off, they'll raze St John's for- what, parking? Don't much care for the Schott, but it's what we've got. With the recent success of the women's basketball teams (vs the men's), believe that Covelli would be bursting at seams, but do agree with those that say the close confines of the Covelli, might give tOSU's teams a noise advantage. Also believe that tOSU's athletic facilities are overall outstanding, although haven't traveled to enough other campus's (campi?) to compare.
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Anybody else going to Wrigley?

Just bought my plane tickets and hotel for Chicago in November. Definitely looking forward to seeing the Buckeyes in Chicago. Hope some of you will be there as well. I'm sure there will be some Buckeye watering hole for drinks before the game.

There are good Ohio state bars in lakeview (the actual name of the neighborhood in which Wrigley resides).

I’m headed there with the lady friend; we contemplated taking our daughter to her first game but figured November outdoors for 3 hours is borderline abusive for a 6 year old.

if others are going, more than happy to organize a crawl or something.
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Adrian Peterson (official thread)

Adrian Peterson ordered to turn over assets to pay $12M debt

Former NFL running back Adrian Peterson has been ordered by a Houston judge to turn over numerous assets as a means toward paying a debt that is estimated at more than $12 million.

The court-appointed receiver, Robert Berleth, requested this order in July and said Peterson "is known to have numerous assets" at his home in Missouri City, Texas. The Houston judge on Monday ordered constables in Fort Bend County, Texas, to accompany Berleth to Peterson's residence to keep the peace.

Peterson's debt issues began when he took out a loan for $5.2 million from a Pennsylvania lending company in 2016. The sum has grown because of interest and attorney's fees, leading to an $8.3 million judgment against him in 2021.

"No offsets have been made against this judgment to date," the receiver stated in the July court filing.

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Entertainers & Athletes Group, the public relations firm representing Peterson, issued a statement to Field Level Media on Tuesday seeking to clarify his position in the matter. EAG said "every effort to resolve this issue has been rejected" and "attempts at an amicable settlement have been rebuffed."

"The article that has surfaced contains no new information. Adrian Peterson has been dealing with this lawsuit since 2017, which stems from a business loan arranged by his then-financial advisor, Jeff Wiseman. The loan was for a company co-owned by Peterson, Wiseman, and another partner. As the majority owner, Peterson was made the guarantor of the loan, making him solely responsible for the collateral," EAG CEO Denise White said in a written statement Tuesday afternoon.

"Wiseman assured Peterson that the company would be able to repay the high-interest loan, as the funds were used to purchase equipment for the business. This was not a personal loan taken out by Peterson but a business loan, and Wiseman guaranteed that it would be repaid from the company's profits. Unfortunately, the company failed to repay the loan, leaving Peterson financially liable for the debt. Meanwhile, Wiseman, who advised Peterson to take out the loan, has not faced any financial or legal responsibility regarding the matter."
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Just sayin': Apparently his business advisor Jeff Wiseman gave him really bad financial advise and just screwed him over. It is reported that Adrian Peterson's career earnings in the NFL (from 2007 thru 2021) is $103,215,972 so you have to wonder why he needed a $5.6M loan in 2016.
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