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JockStocks: Does Conference Expansion Make Sense?

Suddenly, there is an outcrop of support for conference realignment in college football. This groundswell started a few weeks ago when rumors surfaced that the Big 10 Conference was thinking about inviting Notre Dame into the conference.

The expansion list has since expanded; branching out to include Nebraska, Rutgers, Missouri, Notre Dame, and Pittsburgh -- making the Big Ten the Big Sixteen. The rumored invites sent speculation running rampant about who is going to play in what conference and who will be left out. Let's take a look at the financial ramifications of any moves.

Continue reading JockStocks: Does Conference Expansion Make Sense?

Nike's new marketing campaign may be a bit insensitive

I promised myself that I wasn't going to give Nike (NKE) the publicity that it wants with its new rivalry uniforms. You see, the company has decided that 10 colleges will wear specially designed uniforms for their big rivalry games this year, assigning the slogan "Prepare for Combat" to the program.

For example, The Ohio State University will wear "retro-inspired" uniforms when it takes the field against that team from up north (Michigan). I was worried when I heard that Nike was designing this uniform; Ohio State doesn't do alternate uniforms -- they never have. Honestly, it isn't all that bad; the jersey leaves a little to be desired, but perhaps that is just me.

Continue reading Nike's new marketing campaign may be a bit insensitive

You don't have to be smart to be rich

This comes as no surprise: A national survey found that individuals don't actually have to be smart to be rich. In fact, people with below-average IQ test scores can be just as wealthy as brainiacs. According to the study, it's more about attitude than smarts.

The study's author Jay Zagorsky, an economist at Ohio State University's Center for Human Resource Research, says that it's up to each person to have a positive attitude and want to save up money and build up his or her wealth, and each and every one of us can do it regardless of our IQ.

Indeed, intelligence positively affects income as people with higher IQ tend to have higher education leading to higher paying careers. Basically, individuals with higher IQ scores earned higher incomes with each additional IQ point associated with an income boost of $202 to $616 each year.

But, the higher income didn't make them more wealthy as IQ score had no impact on wealth. In fact, highly intelligent people actually have financial difficulties, maxing out credit cards and missing bill payments, making them less wealthy. The lowest financial distress was found around the average IQ score.

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Last updated: May 27, 2012: 09:11 AM

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