Frydaddy713 said:
Have a buddy at work who has some friends in the lower sphere of this at A&M.
Sounds like some of it is the hobby of watching Aggie football, and some of it is access, less to the team, but more getting into the social circle of other high dollar donors/networking/connections/etc. that class of donors would bring together.
I thought that was very insightful.
But it's also sometimes people with more money than stuff to do with it, so why not throw some of it on your sports hobby team?
If you buy some sort of physical item (i.e. real estate, auto/plane, jewelry, art ) you then have to maintain it, insure it, etc..
If you purchase experiences ("investing in your team") that $ is gone *poof* and you are just left with lasting smiles (if it works...) maybe gained the ability to shake a few hands on the way.