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Most of the major universities do chase research dollars. One of the big funders of university research is the National Science Foundation (NSF). Lots of this money goes to health sciences and similar. For example, in 2020, UNC ranked 13th with expenditures of 1.2 billion. NC state ranked 51st with expenditures of 0.5 billion.
Grant money is big business. WAY back when I was in grad school, during one class we were asked to prepare a simple mock research proposal. At my alma mater (U of AZ), we were told the "overhead" the university took (essentially as rent for the professor's laboratory space) was around 45%. Was told some universities took as much as 75%.
YES, I think that most research universities could give a "blank-ity blank" about the current state of affairs of college "sports realignment" issues. It's all about the Federal Research Dollars.
Most of the major universities do chase research dollars. One of the big funders of university research is the National Science Foundation (NSF). Lots of this money goes to health sciences and similar. For example, in 2020, UNC ranked 13th with expenditures of 1.2 billion. NC state ranked 51st with expenditures of 0.5 billion.
Grant money is big business. WAY back when I was in grad school, during one class we were asked to prepare a simple mock research proposal. At my alma mater (U of AZ), we were told the "overhead" the university took (essentially as rent for the professor's laboratory space) was around 45%. Was told some universities took as much as 75%.
You forgot Duke University. Duke excels in basketball and lacrosse. AND research dollars.
So what if the ACC moves to Charlotte or where ever. Having them headquartered in Greensboro has no real prestige for the city - it's not like they take up 10 floors of a downtown office building. The ACC is likely to merge with some other conference in the chase for bigger TV contracts and dollars anyway. It's not like all the North Carolina teams are moving too, Greensboro will continue to be a tournament town.
It looks like new ACC commissioner Jim Phillips may be bolting. He's a strong candidate to take over as Team President of the Bears. Doubt this impacts the move to Charlotte or anything but if this happens, moving the ACC from Greensboro to Charlotte may end up his only notable accomplishment with the conference.
I hate to see them go but at least they stayed in NC. I hope it pays off for them. One thing that bugs me about VF and now the ACC is that they left to occupy downtown spaces, while both built big suburban HQs in Greensboro. Wish they would have added to the urban core here, but it is what it is.
I hate to see them go but at least they stayed in NC. I hope it pays off for them. One thing that bugs me about VF and now the ACC is that they left to occupy downtown spaces, while both built big suburban HQs in Greensboro. Wish they would have added to the urban core here, but it is what it is.
I mean, it wasn't just known that they were leaving Greensboro. They wanted to end up in Charlotte. They'd been doing more and more in Charlotte anyway and the qualifications listed for their next HQ basically described Charlotte (though maybe a few other places as well).
That all said, it's probably a move the ACC is a decade late in making.
The most discouraging (but expected) piece though was about wanting to be somewhere that can host championships. Based on what was said, Greensboro may not be on the radar for future ACC Tournaments any more.
I mean, it wasn't just known that they were leaving Greensboro. They wanted to end up in Charlotte. They'd been doing more and more in Charlotte anyway and the qualifications listed for their next HQ basically described Charlotte (though maybe a few other places as well).
That all said, it's probably a move the ACC is a decade late in making.
The most discouraging (but expected) piece though was about wanting to be somewhere that can host championships. Based on what was said, Greensboro may not be on the radar for future ACC Tournaments any more.
From the stories I read, it seemed to me like they were speaking more about football. Obviously, the Spectrum Center would be a great place to hold basketball tournaments, but I took at as them focusing on football with BOA Stadium. Although I'm sure there will be many more hosted in Charlotte now. The language in that bill to keep them in NC mentioned hosting 2 of 4 ACC Tournaments in Greensboro. So at least there is that.
I hate to see them go but at least they stayed in NC. I hope it pays off for them. One thing that bugs me about VF and now the ACC is that they left to occupy downtown spaces, while both built big suburban HQs in Greensboro. Wish they would have added to the urban core here, but it is what it is.
Companies and other organizations primarily seek downtown locations which will add to their overall image and prestige, not subtract from it.
Companies and other organizations primarily seek downtown locations which will add to their overall image and prestige, not subtract from it.
I think TBT understands that. I think they're saying they wish that was an option in Greensboro.
Last edited by HRVT; 09-20-2022 at 12:51 PM..
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