IMG 1.25 Billion. With a “B”

[Native]

Prep sports power IMG Academy to be sold for $1.25 billion

From an athletics standpoint, nothing is expected to change in terms of day-to-day operations and setup at IMG’s Bradenton campus.

theathletic.com

I don’t get it.

 

[Red Dead Redemption]

 

[HUSKER HOT SAUCE]

Prep sports power IMG Academy to be sold for $1.25 billion

From an athletics standpoint, nothing is expected to change in terms of day-to-day operations and setup at IMG’s Bradenton campus.

theathletic.com

I don’t get it.

Sounds like a business deal, what's not to get?

 

[Smoker]

Sounds like a business deal, what's not to get?

That was my thought.

 

[Bigger Ed]

According to Forbes, the Cincinnati Bengals are valued at $3B, last in the NFL. By comparison, the $1.25B price tag for a boarding school seems slightly inflated.

 

[HUSKER HOT SAUCE]

According to Forbes, the Cincinnati Bengals are valued at $3B, last in the NFL. By comparison, the $1.25B price tag for a boarding school seems slightly inflated.

The quote below, kind of disagrees with the bold.

As part of the deal, IMG, which houses more than 1,400 students on its 400-acre campus each year, is partnering with Nord Anglia Education, which operates 82 boarding schools across 33 countries, including some in Asia. Those schools will have access to IMG’s sports curriculum.

 

[Patrick McLaughlin]

Right and with NIL....seems like business at work.

 

[MiniDisk]

so a "british" firm based out of hong kong china bought a US school? ok....

 

[Husker Marine]

so a "british" firm based out of hong kong china bought a US school? ok....

China pretending to be another country in order to buy up another 400 U.S. acres + our most profitable high school sports school. I'm sure 1.25Bn worthless, inflated US Dollars was worth it to them.

Did I nail it?

 

[Bigger Ed]

Welp, now seeing how much they (currently) charge, I may well have been wrong.

IMG Academy, Football Tuition

 

[Native]

Sounds like a business deal, what's not to get?

Ah, yes. Your help is appreciated. I missed that part.

 

[CO4NU]

 

[huskernut]

A billion dollars! Austin Powers would be impressed.

In the meantime, I would like to announce the opening of the Huskernut Sports Academy... no, this isn't just a mobile home park... those are luxury mini-dorms...and yes I did play at Nebraska. Frisbee golf in Selleck quad is AT Nebraska.

 

[jpmandm]

According to Forbes, the Cincinnati Bengals are valued at $3B, last in the NFL. By comparison, the $1.25B price tag for a boarding school seems slightly inflated.

The Bengals don't get ten percent of every deal their students sign...