Ross donates $200 million to University of Michigan | Page 8 | FinHeaven - Miami Dolphins Forums

Ross donates $200 million to University of Michigan

dlockz said:
Well people with money do all kinds of these things but still doesnt take away that he donated 200 million and he didnt have to.
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How do you know what financial moves make sense for him? Maybe he did "have to", to maximize his income statement.
 
ckparrothead said:
But....but...EDUCATION!!!

Education > econom-...entertainment.

SCHOOLS DAMNIT! It's all about the kids...
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Just listen to yourself. Trying to quantify how building a new beer booth is the same as donating millions to education.

How many times did you get stuffed in a locker at school to make you hate schools so much? :lol:
 
Zounds said:
Just listen to yourself. Trying to quantify how building a new beer booth is the same as donating millions to education.

How many times did you get stuffed in a locker at school to make you hate schools so much? :lol:
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Isn't Ross the one who spent a billion dollars on a football team rather than giving that money to education? He must really hate schools and learning.
 
MRojas4 said:
Not sure why everyone looks at this deal like Ross is trying to scam the city ala Marlins style.
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Because with Jeff Ireland at the helm of football operations there is no hope of ever having a winning team. Thus he is trying to scam the city ala Marlins style.
 
TheWalrus said:
Isn't Ross the one who spent a billion dollars on a football team rather than giving that money to education? He must really hate schools and learning.
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He spent $1 billion and received a football team. His net worth doesn't change. He spends $1 billion cash and gets $1 billion in assets.

He gave $200 million to a school and got nothing in return.

See the difference?

Are you suggesting that anyone who has money should just give it all away for nothing?
 
Zounds said:
He spent $1 billion and received a football team. His net worth doesn't change. He spends $1 billion cash and gets $1 billion in assets.

He gave $200 million to a school and got nothing in return.

See the difference?

Are you suggesting that anyone who has money should just give it all away for nothing?
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He got his taxes reduced by $200 million in return, since as someone with your passion for education surely knows, donations of this kind are tax deductible.
 
TheWalrus said:
He got his taxes reduced by $200 million in return, since as someone with your passion for education surely knows, donations of this kind are tax deductible.
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His taxes weren't reduced by $200 million. I know that because I have an education. You should get one.
 
Wow, just wow. After all this long thread, what Ross did or didn't doesn't matter cause it's done and can nobody change it. I can't wait for sunday so the games can start and we can talk about why we won or why we lost....lol

Ozzy rules!!
 
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