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Ralph Wilson would have been 100 years old today; foundation invests 100 mill in WNY


YoloinOhio

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7 minutes ago, YoloinOhio said:

 

 

....good stuff Yolo.... his Will stipulated that his entire estate must be 100% given to charities within 20 years of his passing....

 

Erik Brady, USA TODAY Sports Published 10:32 a.m. ET June 28, 2017

 

.."the Ralph C. Wilson Jr. Foundation is in the process of giving away $1.2 billion over 20 years to improve quality of life in Southeastern Michigan, where Wilson lived, and Western New York, where he owned the Bills for 54 years... "

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Think I could hit his foundation up to knock off my student loan balance?

 

I mean, they’d probably be paid off if I used my last 16 years of season ticket/stadium beer money, but still...

 

 

Also, thank you Ralph, your legacy lives on in WNY!

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48 minutes ago, In Nate We Trust said:

Glad he donated this money, but why didn't he invest money in that facility when he was alive. The Bills facility that he left was the worst facility in the NFL. The practice facility was atrocious.

 

..very nice and timely contribution.....SMH........deep breath time..............

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It’s impossible for me not to admire and be appreciative of Ralph for bringing the team here in ‘59 and helping keep the AFL solvent enough to force the merger. 

This said, he mostly pissed me off through the years with hiring unqualified friends along with his frugality and meddling. Nonetheless, Thank You again, Ralph!

51 minutes ago, In Nate We Trust said:

Glad he donated this money, but why didn't he invest money in that facility when he was alive. The Bills facility that he left was the worst facility in the NFL. The practice facility was atrocious.

Noobs shouldn’t even be seen, let alone heard from..

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1 hour ago, In Nate We Trust said:

Glad he donated this money, but why didn't he invest money in that facility when he was alive. The Bills facility that he left was the worst facility in the NFL. The practice facility was atrocious.

 

First of all, most of his assets weren't liquid; they were tied up in the team. The money that's now being donated came as a result of the sale.

 

Secondly, there are more important things than football.

 

 

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https://www.usatoday.com/story/sports/columnist/erik-brady/2018/10/17/ralph-wilson-late-owner-buffalo-bills-foundation/1667404002/

 



One of the great weaknesses of sportswriters is many of us don’t know much about money and yet we’re not shy about telling people who’ve made a lot of it how we think they should spend it.

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4 minutes ago, In Nate We Trust said:

 

You are kidding right? The Cowboys just built a 1.5 Billion facility on credit. This is the NFL. Getting a 20 million loan to fix up a facility would have been easy as it gets. The facility was a joke. They used to bring in free agents and they laughed at how bad it was.  It was worse than Division 3 college facilities.

 

You are kidding right?

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53 minutes ago, In Nate We Trust said:

 

You are kidding right? The Cowboys just built a 1.5 Billion facility on credit. This is the NFL. Getting a 20 million loan to fix up a facility would have been easy as it gets. The facility was a joke. They used to bring in free agents and they laughed at how bad it was.  It was worse than Division 3 college facilities.

 

This addresses neither of my points. Loans have to be paid back, and as I said, Ralph didn't have the liquid assets.

 

And second, there are more important things than football.

 

 

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ralph....the gift that keeps on giving

 

this will transform lasalle park into the crown jewel it should be

 

The timing is no accident: The $100 million announcement comes on what would have been Ralph C. Wilson Jr.'s 100th birthday.

 

https://buffalonews.com/2018/10/17/ralph-c-wilson-foundation-100-million-dollar-grant-lasalle-park-trails/

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6 hours ago, YoloinOhio said:

Ralph is Cheap!

 

(surprised it took this long) :)

 

he was with the Bills :D

 

He went all out once for Mario but should have went after Peyton instead .

 

 

 

 

6 hours ago, YoloinOhio said:

Ralph is Cheap!

 

(surprised it took this long) :)

 

he was with the Bills :D

 

He went all out once for Mario but should have went after Peyton instead .

 

 

 

 

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Makes me curious as to what fans would rather have (not that it matters)...

Would you rather have donations for projects like this, or would you rather he donated all $1.2  million (or $1.3 now) towards a new stadium that would cost taxpayers nothing, and ensuring the Bills stay in Buffalo for years to come?

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1 hour ago, BigDingus said:

Makes me curious as to what fans would rather have (not that it matters)...

Would you rather have donations for projects like this, or would you rather he donated all $1.2  million (or $1.3 now) towards a new stadium that would cost taxpayers nothing, and ensuring the Bills stay in Buffalo for years to come?

 

I think you mean billion.

 

To answer your question, Ralph already ensured that the Bills would be in Buffalo for a long time by signing a ten-year lease with a ridiculous penalty for breaking it. He knew the Pegulas were interested in buying the team, had the capital to do it, and had personal incentive to keep them in Buffalo. They can finance a stadium without public funds if they think it's worth it, and they're smart enough to know that they can't price the tickets out of reach of the average fan.

 

Therefore, I'd prefer that he donated it to the community as a whole. Football is entertainment. A region needs more than an NFL team in order to thrive.

 

 

 

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