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Life after Phil?
Posted: Sat Jan 13, 2024 11:53 am
by Alan
From time to time I think about what happens to Oregon after Phil and probably Penny passes, Phil is currently 85. Phil and Penny have been so instrumental in putting U of O where they are today. I know nobody truly knows or maybe someone has some insight. Does Phil and Penny’s inheritors continue the support? Does Nike executives continue the support or do they funnel the money elsewhere? Just curious on others opinion and thoughts.
Re: Life after Phil?
Posted: Sat Jan 13, 2024 12:02 pm
by pezsez1
Zero real knowledge, but I'd be shocked if Uncle Phil didn't already have something in place to make sure the Ducks would be taken care of.
Re: Life after Phil?
Posted: Sat Jan 13, 2024 3:04 pm
by StevensTechU
Shhh. Just keep riding this high.
Re: Life after Phil?
Posted: Sat Jan 13, 2024 3:17 pm
by spacefrog13x
there is talk of a massive Athletics and Academics endowment but that's just speculation based on his previous contributions.
Re: Life after Phil?
Posted: Sat Jan 13, 2024 4:36 pm
by 5$
spacefrog13x wrote:there is talk of a massive Athletics and Academics endowment but that's just speculation based on his previous contributions.
Between Oregon Stanford and OHSU
Re: Life after Phil?
Posted: Sun Jan 14, 2024 4:41 am
by RanDux
pezsez1 wrote:Zero real knowledge, but I'd be shocked if Uncle Phil didn't already have something in place to make sure the Ducks would be taken care of.
This
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Re: Life after Phil?
Posted: Sun Jan 14, 2024 11:30 am
by DuckMastaFunk
I’d be surprised if Oregon still gets preferential treatment at Nike 10 years after Phil’s passing. It might last for a few years, but eventually some exec is going to decide that the partnership benefits Oregon much more than it benefits Nike, which is likely true.
Re: Life after Phil?
Posted: Sun Jan 14, 2024 11:41 am
by lmduck
DuckMastaFunk wrote:I’d be surprised if Oregon still gets preferential treatment at Nike 10 years after Phil’s passing. It might last for a few years, but eventually some exec is going to decide that the partnership benefits Oregon much more than it benefits Nike, which is likely true.
It's all been spelled out already and according to people with direct knowledge very little changes.
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Re: Life after Phil?
Posted: Sun Jan 14, 2024 12:28 pm
by squintsdd
DuckMastaFunk wrote:I’d be surprised if Oregon still gets preferential treatment at Nike 10 years after Phil’s passing. It might last for a few years, but eventually some exec is going to decide that the partnership benefits Oregon much more than it benefits Nike, which is likely true.
For someone who has invested so much into the school, I doubt Phil would let someone steer away from assisting it just 10 years after his death.
Re: Life after Phil?
Posted: Sun Jan 14, 2024 11:50 pm
by Everythingsducky
Most likely a trust has been set up with instructions. It would have zero to do with what a Nike board will want to allocate. The family and the trust will be in motion at that point, or whomever is the trustee(s).