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Michigan State Spartans

Michigan State announces basketball team will now be called 'MSU Spartans Presented by Rocket Mortgage'

In an age where sponsor patches are on every NBA uniform and the Nike swoosh has even hit MLB jerseys, maybe it was only a matter of time before companies started pushing for the actual names of major American sports teams.

Michigan State entered new territory on Thursday by announcing a massive expansion in its endorsement deal with Rocket Mortgage, including a name change for its men's basketball team on campus.

Yes, rather than call them the Michigan State Spartans, the team will now receive the following treatment in East Lansing's Breslin Center:

Under the new five-year deal, Detroit-based Rocket Mortgage will be the presenting sponsor of the famed men's basketball team which will now be known throughout the Breslin Center as, "MSU Spartans Presented by Rocket Mortgage."

The MSU Spartans Presented by Rocket Mortgage, feel the hype.

Here's how Tom Izzo reacted to the news through the Spartans:

"Rocket Mortgage has been a valued partner for years with Michigan State and we are excited that they are continuing to support our program into the future," said Michigan State Men's Basketball Coach Tom Izzo. "As presenting sponsor of our season, their presence will be an asset as we compete for championships."

Rocket Mortgage's relationship with the program comes via the co-founder of its parent company. Quicken Loans chairman Dan Gilbert, who also owns the Cleveland Cavaliers, is a graduate of Michigan State and a significant donor to the school.

Obviously, broadcasters and other outlets will, in all likelihood, continue to call them the Spartans going forward, though some Big Ten teams may have a little fun with their rivals' new title. Still, it's wild to see a legitimate college basketball team, a power program no less, give up its very name to the advertising gods. Especially since we're talking about a team ostensibly composed of amateurs.

Entire article: https://sports.yahoo.com/michigan-s...s-presented-by-rocket-mortgage-223057968.html

Rocket Mortgage sponsorship gives MSU men's basketball a new name

Michigan State University men's basketball team will soon be known as "MSU Spartans Presented by Rocket Mortgage" after a new five-year sponsorship deal with the Detroit-based mortgage lender was unveiled Thursday.

The financial terms of the sponsorship were not disclosed, but the name involving the Rocket Companies Inc. brand will start in the 2021-22 athletic season. It will make the "company synonymous with Spartan athletics," according to a news release from the university.

The partnership will also mean branding placement for the Detroit-based mortgage lender on TV, radio and in the university's athletic facilities for the men's and women's basketball teams as well as football and hockey teams.

"It is our hope," Rocket CEO Jay Farner said in a statement, "that our presence in MSU Athletics will make students and athletes more aware of the opportunities for them right here in Detroit with Rocket Mortgage and the many other growing companies in the city."
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The sponsorship comes after Mat Ishbia, CEO of Rocket rival United Wholesale Mortgage Holdings Corp., last month donated $32 million to his alma mater's athletic program, the largest single cash commitment in MSU history from an individual.

The former walk-on basketball player who recently became a billionaire after taking his company public in January was a member of the 2000 national championship team at Michigan State under Izzo.

The largest portion of the Ishbia commitment — $20 million — will go toward the football program, providing resources to construct a performance zone in an expansion of the Skandalaris Football Center, including improvements to the football auditorium, expanding the weight room and creating new player lockers, informal meeting spaces as well a dining and nutrition area.

Ishbia last week also escalated his Pontiac-based company's years-long war with Rocket, the country's largest mortgage lender. He announced starting Monday, mortgage brokers who continue to do business with Rocket will be unable to work with United Wholesale, the country's fourth-largest lender.

But Ishbia on Thursday night downplayed the rivalry with Rocket chairman Dan Gilbert, another Spartan alumnus, when it comes to their alma mater's athletics program.

"I’m happy for Michigan State. Anything that is good for the Spartans is good for Mat Ishbia. I support it all," Ishbia told The Detroit News. "People think I’d be upset. I love when Michigan State gets a great sponsorship. There’s no competitive juices between me and Dan Gilbert over Michigan State. I’m a huge supporter of Michigan State in every way and if something is good for Michigan State and the Spartans, then I’m supportive of it."

Entire article: https://www.detroitnews.com/story/s...ives-msu-mens-basketball-new-name/4657821001/

Professional High School Basketball League

Overtime set to launch professional high school basketball league that pays players $100K

The league is hoping to become an alternative to college for young basketball stars


While a majority of NBA players make quite a good living through their contracts, college and high school basketball stars playing for free has been a hot button issue for years. Multimedia sports brand Overtime is trying to change that.

They will be starting a professional basketball league that will offer high school basketball players an alternative to college in preparation for the NBA. Overtime Elite will begin in September 2021 and will feature 30 of the nation's top prospects from ages 16-18. The athletes will be given a guaranteed minimum salary of $100,000 in addition to bonuses and equity in the league.

The league's athletes will also have access to healthcare and disability benefits. If an Overtime Elite athlete chooses not to pursue an NBA career, the league will pay them up to $100,000 to go towards college tuition.

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Entire article: https://www.cbssports.com/nba/news/...ool-basketball-league-that-pays-players-100k/

2022 Ticket Prices

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Starting with the 2022 season, Ohio State will have six different seating zones for season tickets at Ohio Stadium, with varying ticket prices between each zone. For the 2022 season, when Ohio State is scheduled to play eight home games, the cost of one season ticket will range from $569 in the cheapest zone (Zone 6) to $1,021 in the most expensive zone (Zone 1); in 2023, when Ohio State is only scheduled to play six home games, season ticket prices are set to range from $391 to $707.

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Anybody here understand the IRS?

I got an unexpected check in the mail today from the Dept of the Treasury. In an area near the bottom is what appears to be an explanation of what it is. It says:

(first 4 char of my last name) Austin 12/2019 Tax Refund 30
Int $ 52.56

Should I assume they have made an adjustment to my 2019 return and I will get an explanation at some point? Based on past interactions with the IRS, I know it is useless to call without having the name of the agent I need to talk with. I looked back at my return from that year and I wrote a significant check. This represents about 2/3 of that amount.

Any thoughts would be appreciated.

Jackson State University Tigers (official thread)

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Interesting story about "Coach Prime" and the Jackson State University Spring football season:

Deion Sanders and Jackson State primed to open their season Sunday

‘Coach Prime’ era begins in Jackson, Mississippi, amid high expectations, national spotlight

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Entire article: https://theundefeated.com/features/...son-state-primed-to-open-their-season-sunday/

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